Tu Liem Urban Development JSC (HOSE: NTL)

HOSE: NTL Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,166,668	914,024	391,277	576,724	652,853	835,098
Revenue Growth (YoY)	819.03%	133.60%	-32.16%	-11.66%	-21.82%	16.94%
Cost of Revenue	810,704	400,601	228,103	247,348	231,609	481,266
Gross Profit	1,355,964	513,422	163,175	329,376	421,244	353,832
Selling, General & Admin	46,155	30,308	34,783	33,499	55,819	37,285
Operating Expenses	46,155	30,308	34,783	33,499	57,819	37,285
Operating Income	1,309,810	483,114	128,392	295,877	363,424	316,547
Interest Expense	-7,623	-9,012	-	-845.75	-1,133	-5,165
Interest & Investment Income	28,909	2,316	6,201	7,765	1,765	3,256
Other Non Operating Income (Expenses)	-31,750	-19,807	-1,140	-7,923	271.86	-12,778
EBT Excluding Unusual Items	1,299,347	456,611	133,452	294,873	364,328	301,861
Gain (Loss) on Sale of Investments	1,218	1,218	-292.05	4,251	5,583	-778.8
Gain (Loss) on Sale of Assets	318.18	318.18	-	509.09	312.02	-4,489
Asset Writedown	-	-	-	-	-1,742	-
Other Unusual Items	2,666	2,666	428.07	971.18	1,752	827.34
Pretax Income	1,303,549	460,813	133,588	300,604	370,233	297,421
Income Tax Expense	287,633	96,623	27,088	62,647	74,829	63,611
Earnings From Continuing Operations	1,015,916	364,190	106,500	237,956	295,405	233,809
Net Income	1,015,916	364,190	106,500	237,956	295,405	233,809
Preferred Dividends & Other Adjustments	25,493	25,493	7,455	16,657	20,678	16,367
Net Income to Common	990,423	338,697	99,045	221,299	274,726	217,443
Net Income Growth	19708.78%	241.96%	-55.24%	-19.45%	26.34%	131.11%
Shares Outstanding (Basic)	123	122	122	122	122	122
Shares Outstanding (Diluted)	123	122	122	122	122	122
Shares Change (YoY)	1.32%	-	-	-	-	-
EPS (Basic)	8067.07	2776.66	811.98	1814.23	2252.23	1782.61
EPS (Diluted)	8066.91	2776.50	811.98	1814.00	2252.00	1782.50
EPS Growth	-	241.94%	-55.24%	-19.45%	26.34%	131.20%
Free Cash Flow	1,041,447	696,656	-141,539	326,663	335,526	161,043
Free Cash Flow Per Share	8482.66	5711.24	-1160.35	2678.01	2750.67	1320.24
Dividend Per Share	2450.000	1250.000	1250.000	1250.000	1250.000	1250.000
Dividend Growth	96.00%	0%	0%	0%	0%	-
Gross Margin	62.58%	56.17%	41.70%	57.11%	64.52%	42.37%
Operating Margin	60.45%	52.86%	32.81%	51.30%	55.67%	37.91%
Profit Margin	45.71%	37.06%	25.31%	38.37%	42.08%	26.04%
Free Cash Flow Margin	48.07%	76.22%	-36.17%	56.64%	51.39%	19.28%
EBITDA	1,316,551	486,879	131,907	299,018	366,550	319,225
EBITDA Margin	60.76%	53.27%	33.71%	51.85%	56.15%	38.23%
D&A For EBITDA	6,741	3,764	3,515	3,141	3,126	2,679
EBIT	1,309,810	483,114	128,392	295,877	363,424	316,547
EBIT Margin	60.45%	52.86%	32.81%	51.30%	55.67%	37.91%
Effective Tax Rate	22.07%	20.97%	20.28%	20.84%	20.21%	21.39%
Revenue as Reported	2,166,668	914,024	391,277	576,724	652,853	835,098
Advertising Expenses	-	197.82	-	-	4,367	-

Source: S&P Capital IQ. Standard template. Financial Sources.