Gemadept Group Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,399,307	5,956,025	4,832,025	3,845,826	3,898,244	3,206,290
Revenue Growth	17.50%	23.26%	25.64%	-1.34%	21.58%	23.05%
Cost of Revenue	3,436,226	3,216,553	2,696,544	2,067,811	2,180,183	2,064,489
Gross Profit	2,963,081	2,739,473	2,135,480	1,778,015	1,718,061	1,141,801
Selling, General & Admin	1,288,688	1,092,510	822,039	661,486	666,614	448,931
Operating Expenses	1,288,688	1,092,510	822,039	661,486	666,614	448,931
Operating Income	1,674,393	1,646,962	1,313,442	1,116,529	1,051,447	692,870
Interest Expense	-147,718	-112,581	-139,488	-134,993	-130,757	-119,253
Interest & Investment Income	251,231	200,373	81,374	76,669	10,850	8,661
Earnings From Equity Investments	1,381,321	1,157,659	829,308	274,235	399,148	236,914
Currency Exchange Gain (Loss)	19,858	24,141	4,898	10,506	-10,634	4,501
Other Non Operating Income (Expenses)	-267,690	-398,994	-347,245	27,251	20,080	-72,255
EBT Excluding Unusual Items	2,911,396	2,517,562	1,742,290	1,370,195	1,340,134	751,437
Gain (Loss) on Sale of Investments	611,433	-927.47	349,145	1,835,039	-10,764	37,548
Gain (Loss) on Sale of Assets	4,131	4,193	7,155	21,529	2,443	17,227
Pretax Income	3,526,960	2,520,827	2,098,590	3,226,763	1,331,814	806,212
Income Tax Expense	420,594	218,304	175,007	692,829	170,520	85,650
Earnings From Continuing Operations	3,106,366	2,302,523	1,923,583	2,533,934	1,161,294	720,562
Minority Interest in Earnings	-531,243	-546,893	-468,104	-283,357	-167,378	-108,380
Net Income	2,575,123	1,755,630	1,455,480	2,250,577	993,916	612,182
Preferred Dividends & Other Adjustments	206,075	140,450	91,219	66,267	79,513	48,975
Net Income to Common	2,369,048	1,615,179	1,364,260	2,184,310	914,402	563,208
Net Income Growth	78.65%	18.39%	-37.54%	138.88%	62.36%	65.04%
Shares Outstanding (Basic)	425	421	319	303	301	301
Shares Outstanding (Diluted)	425	421	319	303	301	301
Shares Change	11.63%	31.88%	5.27%	0.56%	-	1.48%
EPS (Basic)	5574.97	3838.68	4276.08	7207.03	3034.07	1868.77
EPS (Diluted)	5574.97	3838.68	4276.00	7207.00	3034.00	1868.77
EPS Growth	60.06%	-10.23%	-40.67%	137.54%	62.35%	62.64%
Free Cash Flow	1,593,707	465,899	46,891	-1,180,090	933,551	378,651
Free Cash Flow Per Share	3750.40	1107.27	146.97	-3893.65	3097.61	1256.40
Dividend Per Share	2200.000	2200.000	2000.000	2200.000	2000.000	1200.000
Dividend Growth	10.00%	10.00%	-9.09%	10.00%	66.67%	0%
Gross Margin	46.30%	46.00%	44.19%	46.23%	44.07%	35.61%
Operating Margin	26.16%	27.65%	27.18%	29.03%	26.97%	21.61%
Profit Margin	37.02%	27.12%	28.23%	56.80%	23.46%	17.57%
Free Cash Flow Margin	24.90%	7.82%	0.97%	-30.69%	23.95%	11.81%
EBITDA	2,141,976	2,056,569	1,718,986	1,512,947	1,444,632	1,072,416
EBITDA Margin	33.47%	34.53%	35.58%	39.34%	37.06%	33.45%
D&A For EBITDA	467,583	409,606	405,544	396,418	393,185	379,546
EBIT	1,674,393	1,646,962	1,313,442	1,116,529	1,051,447	692,870
EBIT Margin	26.16%	27.65%	27.18%	29.03%	26.97%	21.61%
Effective Tax Rate	11.92%	8.66%	8.34%	21.47%	12.80%	10.62%
Revenue as Reported	6,399,307	5,956,025	4,832,025	3,845,826	3,898,244	3,206,290