Lizen JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Revenue	3,002,046	2,817,129	2,007,949	1,005,840	1,802,654
Revenue Growth (YoY)	6.56%	40.30%	99.63%	-44.20%	19.00%
Cost of Revenue	2,701,819	2,473,271	1,722,780	876,947	1,373,858
Gross Profit	300,227	343,859	285,169	128,893	428,796
Selling, General & Admin	100,129	158,273	107,336	78,999	100,599
Other Operating Expenses	-	71.42	-	-	-
Operating Expenses	100,129	158,344	107,336	78,999	100,599
Operating Income	200,098	185,514	177,833	49,894	328,197
Interest Expense	-73,583	-62,090	-50,643	-69,387	-106,192
Interest & Investment Income	-	34,182	13,220	8,503	6,757
Earnings From Equity Investments	42,415	5,629	-488.04	-	-107.61
Currency Exchange Gain (Loss)	-	-62.11	-	-	8,654
Other Non Operating Income (Expenses)	9,322	-5,386	-4,556	-9,481	-9,994
EBT Excluding Unusual Items	178,253	157,787	135,366	-20,472	227,314
Gain (Loss) on Sale of Investments	-	511.19	-87.69	265,740	-
Gain (Loss) on Sale of Assets	-	-	45.45	855.98	-
Pretax Income	178,253	158,298	135,324	246,124	227,314
Income Tax Expense	27,823	37,845	33,754	51,837	46,504
Earnings From Continuing Operations	150,430	120,453	101,570	194,287	180,810
Minority Interest in Earnings	439.21	1,021	2,045	-2,252	948.83
Net Income	150,870	121,474	103,615	192,035	181,759
Preferred Dividends & Other Adjustments	-	6,074	5,181	9,602	-
Net Income to Common	150,870	115,400	98,434	182,433	181,759
Net Income Growth	24.20%	17.24%	-46.04%	5.65%	132.84%
Shares Outstanding (Basic)	207	205	203	203	153
Shares Outstanding (Diluted)	207	205	203	203	153
Shares Change (YoY)	0.90%	0.95%	-	32.51%	33.71%
EPS (Basic)	730.00	563.38	485.10	899.06	1186.92
EPS (Diluted)	730.00	563.38	485.05	899.06	1186.92
EPS Growth	29.58%	16.15%	-46.05%	-24.25%	83.31%
Free Cash Flow	787,717	-543,836	712,511	-944,832	317,780
Free Cash Flow Per Share	3811.46	-2654.96	3511.36	-4656.28	2075.15
Dividend Per Share	-	-	467.290	654.206	-
Dividend Growth	-	-	-28.57%	-	-
Gross Margin	10.00%	12.21%	14.20%	12.81%	23.79%
Operating Margin	6.67%	6.59%	8.86%	4.96%	18.21%
Profit Margin	5.03%	4.10%	4.90%	18.14%	10.08%
Free Cash Flow Margin	26.24%	-19.30%	35.48%	-93.94%	17.63%
EBITDA	313,425	314,549	286,625	148,929	466,947
EBITDA Margin	10.44%	11.17%	14.27%	14.81%	25.90%
D&A For EBITDA	113,327	129,035	108,792	99,035	138,750
EBIT	200,098	185,514	177,833	49,894	328,197
EBIT Margin	6.67%	6.59%	8.86%	4.96%	18.21%
Effective Tax Rate	15.61%	23.91%	24.94%	21.06%	20.46%
Revenue as Reported	3,002,046	2,817,129	2,007,949	-	1,802,654

Source: S&P Global Market Intelligence. Standard template. Financial Sources.