Sam Holdings 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	6,126,008	4,038,231	2,200,116	2,109,065	1,888,697
Revenue Growth (YoY)	51.70%	83.55%	4.32%	11.67%	-1.59%
Cost of Revenue	5,917,017	3,834,551	2,042,904	1,944,479	1,807,941
Gross Profit	208,991	203,680	157,211	164,585	80,756
Selling, General & Admin	147,621	142,753	141,872	167,585	126,728
Operating Expenses	147,621	142,753	141,872	167,585	126,728
Operating Income	61,370	60,927	15,339	-2,999	-45,972
Interest Expense	-78,844	-62,607	-78,364	-90,511	-65,745
Interest & Investment Income	155,477	25,039	31,044	24,069	21,185
Earnings From Equity Investments	-246.98	23,949	-53,311	-26,861	-30,454
Currency Exchange Gain (Loss)	-	11,551	6,282	-18,904	13,041
Other Non Operating Income (Expenses)	-5,084	6,190	90,188	271,744	242,495
EBT Excluding Unusual Items	132,672	65,049	11,179	156,537	134,549
Gain (Loss) on Sale of Investments	-	44,875	51,841	-116,484	72,057
Gain (Loss) on Sale of Assets	-	679.61	221.21	575.08	768.74
Other Unusual Items	-	-	-356.82	-	-
Pretax Income	132,672	110,604	62,884	40,628	207,375
Income Tax Expense	30,288	15,308	29,644	33,480	47,453
Earnings From Continuing Operations	102,383	95,296	33,240	7,147	159,922
Minority Interest in Earnings	-9,492	-10,956	-14,907	-4,384	-5,582
Net Income	92,891	84,340	18,333	2,763	154,340
Preferred Dividends & Other Adjustments	-	843.4	183.33	328.26	1,543
Net Income to Common	92,891	83,497	18,149	2,435	152,796
Net Income Growth	10.14%	360.06%	563.46%	-98.21%	66.63%
Shares Outstanding (Basic)	380	380	380	380	369
Shares Outstanding (Diluted)	380	380	380	380	369
Shares Change (YoY)	-0.01%	-	-	2.93%	20.93%
EPS (Basic)	244.50	219.75	47.77	6.41	413.91
EPS (Diluted)	244.50	219.75	47.77	6.41	413.91
EPS Growth	11.26%	360.06%	645.38%	-98.45%	37.80%
Free Cash Flow	-	-253,381	196,724	371,798	-1,137,979
Free Cash Flow Per Share	-	-666.86	517.75	978.52	-3082.64
Gross Margin	3.41%	5.04%	7.15%	7.80%	4.28%
Operating Margin	1.00%	1.51%	0.70%	-0.14%	-2.43%
Profit Margin	1.52%	2.07%	0.83%	0.11%	8.09%
Free Cash Flow Margin	-	-6.28%	8.94%	17.63%	-60.25%
EBITDA	132,834	102,001	57,855	51,505	10,380
EBITDA Margin	2.17%	2.53%	2.63%	2.44%	0.55%
D&A For EBITDA	71,464	41,074	42,516	54,504	56,353
EBIT	61,370	60,927	15,339	-2,999	-45,972
EBIT Margin	1.00%	1.51%	0.70%	-0.14%	-2.43%
Effective Tax Rate	22.83%	13.84%	47.14%	82.41%	22.88%
Revenue as Reported	6,126,008	4,038,231	2,200,116	2,109,065	1,888,697

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.