GELEX Group JSC Income Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	35,008,661	33,752,305	29,997,836	32,088,753	28,578,399	17,948,713	Upgrade
Revenue Growth (YoY)	15.74%	12.52%	-6.52%	12.28%	59.22%	17.20%	Upgrade
Cost of Revenue	27,847,861	26,990,120	24,489,091	25,630,732	24,205,377	15,321,523	Upgrade
Gross Profit	7,160,800	6,762,186	5,508,745	6,458,020	4,373,021	2,627,190	Upgrade
Selling, General & Admin	3,160,570	3,028,930	2,715,185	2,958,112	2,176,349	1,111,267	Upgrade
Operating Expenses	3,160,570	3,028,930	2,715,185	2,958,112	2,176,349	1,111,267	Upgrade
Operating Income	4,000,230	3,733,255	2,793,560	3,499,909	2,196,673	1,515,923	Upgrade
Interest Expense	-1,018,844	-1,100,677	-1,416,743	-1,425,673	-1,222,270	-849,312	Upgrade
Interest & Investment Income	215,496	215,496	186,255	469,918	286,662	193,921	Upgrade
Earnings From Equity Investments	41,234	37,000	60,801	36,050	229,588	39,286	Upgrade
Currency Exchange Gain (Loss)	-13,993	-13,993	-45,178	-129,242	19,378	-428.13	Upgrade
Other Non Operating Income (Expenses)	-429,122	-336,565	-297,028	-290,091	-82,464	-43,737	Upgrade
EBT Excluding Unusual Items	2,795,001	2,534,517	1,281,666	2,160,870	1,427,567	855,654	Upgrade
Gain (Loss) on Sale of Investments	1,077,004	1,077,004	113,401	-108,965	626,683	341,541	Upgrade
Gain (Loss) on Sale of Assets	1,312	1,312	1,916	28,648	2,743	-	Upgrade
Pretax Income	3,873,318	3,612,833	1,396,983	2,080,553	2,056,993	1,197,195	Upgrade
Income Tax Expense	1,020,986	943,503	533,099	548,796	390,634	217,544	Upgrade
Earnings From Continuing Operations	2,852,332	2,669,330	863,884	1,531,757	1,666,359	979,651	Upgrade
Minority Interest in Earnings	-1,095,842	-1,038,033	-533,527	-1,162,840	-627,658	-177,946	Upgrade
Net Income	1,756,490	1,631,298	330,357	368,916	1,038,701	801,705	Upgrade
Preferred Dividends & Other Adjustments	-	-	57,295	51,729	56,341	22,236	Upgrade
Net Income to Common	1,756,490	1,631,298	273,062	317,187	982,360	779,469	Upgrade
Net Income Growth	230.67%	393.80%	-10.45%	-64.48%	29.56%	32.91%	Upgrade
Shares Outstanding (Basic)	856	854	851	851	692	547	Upgrade
Shares Outstanding (Diluted)	856	854	851	851	692	547	Upgrade
Shares Change (YoY)	0.51%	0.28%	-	23.08%	26.48%	4.03%	Upgrade
EPS (Basic)	2052.30	1910.40	320.69	372.51	1419.92	1425.02	Upgrade
EPS (Diluted)	2052.30	1910.40	320.69	372.51	1419.92	1425.02	Upgrade
EPS Growth	268.76%	495.73%	-13.91%	-73.77%	-0.36%	33.67%	Upgrade
Free Cash Flow	-3,772,904	-1,325,878	-901,142	3,830,709	-10,491,052	-1,544,125	Upgrade
Free Cash Flow Per Share	-4408.30	-1552.73	-1058.31	4498.80	-15163.90	-2822.96	Upgrade
Dividend Per Share	-	-	-	-	500.000	-	Upgrade
Gross Margin	20.45%	20.04%	18.36%	20.13%	15.30%	14.64%	Upgrade
Operating Margin	11.43%	11.06%	9.31%	10.91%	7.69%	8.45%	Upgrade
Profit Margin	5.02%	4.83%	0.91%	0.99%	3.44%	4.34%	Upgrade
Free Cash Flow Margin	-10.78%	-3.93%	-3.00%	11.94%	-36.71%	-8.60%	Upgrade
EBITDA	6,960,761	6,651,548	6,990,727	7,100,864	4,519,351	2,144,391	Upgrade
EBITDA Margin	19.88%	19.71%	23.30%	22.13%	15.81%	11.95%	Upgrade
D&A For EBITDA	2,960,531	2,918,293	4,197,167	3,600,955	2,322,678	628,468	Upgrade
EBIT	4,000,230	3,733,255	2,793,560	3,499,909	2,196,673	1,515,923	Upgrade
EBIT Margin	11.43%	11.06%	9.31%	10.91%	7.69%	8.45%	Upgrade
Effective Tax Rate	26.36%	26.11%	38.16%	26.38%	18.99%	18.17%	Upgrade
Revenue as Reported	35,008,661	33,752,305	29,997,836	32,088,753	28,578,399	17,948,713	Upgrade

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.