Investment and Trading of Real Estate JSC (HOSE:ITC)

HOSE:ITC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	651,588	572,743	529,016	815,913	718,039	921,533
Revenue Growth (YoY)	23.67%	8.27%	-35.16%	13.63%	-22.08%	104.30%
Cost of Revenue	428,576	380,500	303,979	472,075	450,591	622,194
Gross Profit	223,012	192,244	225,037	343,838	267,448	299,339
Selling, General & Admin	87,136	68,767	64,670	84,170	78,245	56,120
Operating Expenses	87,136	68,767	64,670	84,170	78,245	56,120
Operating Income	135,876	123,476	160,367	259,669	189,203	243,219
Interest Expense	-83,690	-76,936	-83,542	-46,006	-57,655	-30,731
Interest & Investment Income	1,952	902.01	1,708	2,136	1,825	2,588
Earnings From Equity Investments	-708.96	-708.96	-962.34	-2,419	-175.78	-142.27
Other Non Operating Income (Expenses)	21,147	21,796	47,203	-4,687	28,820	-37,349
EBT Excluding Unusual Items	74,576	68,529	124,773	208,692	162,018	177,585
Gain (Loss) on Sale of Investments	-	-	-	-3,100	8,925	-
Gain (Loss) on Sale of Assets	125.83	125.83	-	-	-	-
Other Unusual Items	-	-	-	4,545	5,244	2,161
Pretax Income	74,702	68,655	124,773	210,136	176,187	179,747
Income Tax Expense	37,118	36,100	36,811	54,538	37,661	43,581
Earnings From Continuing Operations	37,584	32,555	87,962	155,599	138,526	136,165
Minority Interest in Earnings	1,536	361.15	-9,948	-4,014	-2,458	5,292
Net Income	39,120	32,916	78,013	151,585	136,068	141,458
Preferred Dividends & Other Adjustments	658.32	658.32	2,593	3,032	2,721	7,375
Net Income to Common	38,461	32,258	75,421	148,553	133,346	134,082
Net Income Growth	-52.86%	-57.81%	-48.54%	11.40%	-3.81%	21.19%
Shares Outstanding (Basic)	95	96	96	96	96	96
Shares Outstanding (Diluted)	95	96	96	96	96	96
Shares Change (YoY)	-1.88%	-	-	-	-	-0.00%
EPS (Basic)	405.19	336.24	786.16	1548.48	1389.96	1397.63
EPS (Diluted)	403.93	335.00	786.00	1548.48	1389.96	1397.27
EPS Growth	-51.38%	-57.38%	-49.24%	11.40%	-0.52%	17.19%
Free Cash Flow	-153,470	-170,312	152,334	48,372	107,561	18,652
Free Cash Flow Per Share	-1616.80	-1775.28	1587.89	504.22	1121.18	194.43
Gross Margin	34.23%	33.56%	42.54%	42.14%	37.25%	32.48%
Operating Margin	20.85%	21.56%	30.31%	31.83%	26.35%	26.39%
Profit Margin	5.90%	5.63%	14.26%	18.21%	18.57%	14.55%
Free Cash Flow Margin	-23.55%	-29.74%	28.80%	5.93%	14.98%	2.02%
EBITDA	205,041	188,186	206,649	319,863	232,318	271,818
EBITDA Margin	31.47%	32.86%	39.06%	39.20%	32.35%	29.50%
D&A For EBITDA	69,165	64,710	46,281	60,194	43,114	28,599
EBIT	135,876	123,476	160,367	259,669	189,203	243,219
EBIT Margin	20.85%	21.56%	30.31%	31.83%	26.35%	26.39%
Effective Tax Rate	49.69%	52.58%	29.50%	25.95%	21.38%	24.25%
Revenue as Reported	651,588	572,743	529,016	815,913	718,039	921,533

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.