Sam Holdings 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	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	6,737,693	6,126,008	4,038,231	2,200,116	2,109,065	1,888,697
Revenue Growth (YoY)	47.16%	51.70%	83.55%	4.32%	11.67%	-1.59%
Cost of Revenue	6,517,483	5,917,017	3,834,551	2,042,904	1,944,479	1,807,941
Gross Profit	220,210	208,991	203,680	157,211	164,585	80,756
Selling, General & Admin	150,680	147,621	142,753	141,872	167,585	126,728
Operating Expenses	150,680	147,621	142,753	141,872	167,585	126,728
Operating Income	69,530	61,370	60,927	15,339	-2,999	-45,972
Interest Expense	-93,500	-79,313	-62,607	-78,364	-90,511	-65,745
Interest & Investment Income	63,983	54,560	25,039	31,044	24,069	21,185
Earnings From Equity Investments	-6,075	2,748	23,949	-53,311	-26,861	-30,454
Currency Exchange Gain (Loss)	15,062	14,991	11,551	6,282	-18,904	13,041
Other Non Operating Income (Expenses)	35,828	33,216	33,203	90,188	271,744	242,495
EBT Excluding Unusual Items	84,828	87,573	92,062	11,179	156,537	134,549
Gain (Loss) on Sale of Investments	62,102	51,181	44,875	51,841	-116,484	72,057
Gain (Loss) on Sale of Assets	386.4	164.18	-25,912	221.21	575.08	768.74
Other Unusual Items	-3,251	-3,251	-420.89	-356.82	-	-
Pretax Income	144,064	135,667	110,604	62,884	40,628	207,375
Income Tax Expense	29,368	30,565	15,308	29,644	33,480	47,453
Earnings From Continuing Operations	114,697	105,101	95,296	33,240	7,147	159,922
Minority Interest in Earnings	-14,026	-8,701	-10,956	-14,907	-4,384	-5,582
Net Income	100,671	96,400	84,340	18,333	2,763	154,340
Preferred Dividends & Other Adjustments	964	964	632.68	183.33	328.26	1,543
Net Income to Common	99,707	95,436	83,708	18,149	2,435	152,796
Net Income Growth	50.53%	14.30%	360.06%	563.46%	-98.21%	66.63%
Shares Outstanding (Basic)	380	380	380	380	380	369
Shares Outstanding (Diluted)	380	380	380	380	380	369
Shares Change (YoY)	-	-	-	-	2.93%	20.93%
EPS (Basic)	262.41	251.17	220.31	47.77	6.41	413.91
EPS (Diluted)	262.41	251.17	220.31	47.77	6.41	413.91
EPS Growth	50.51%	14.01%	361.22%	645.38%	-98.45%	37.80%
Free Cash Flow	-306,066	-369,005	-253,381	196,724	371,798	-1,137,979
Free Cash Flow Per Share	-805.52	-971.16	-666.86	517.75	978.52	-3082.64
Gross Margin	3.27%	3.41%	5.04%	7.15%	7.80%	4.28%
Operating Margin	1.03%	1.00%	1.51%	0.70%	-0.14%	-2.43%
Profit Margin	1.48%	1.56%	2.07%	0.83%	0.11%	8.09%
Free Cash Flow Margin	-4.54%	-6.02%	-6.28%	8.94%	17.63%	-60.25%
EBITDA	113,322	96,962	102,255	57,855	51,505	10,380
EBITDA Margin	1.68%	1.58%	2.53%	2.63%	2.44%	0.55%
D&A For EBITDA	43,792	35,592	41,328	42,516	54,504	56,353
EBIT	69,530	61,370	60,927	15,339	-2,999	-45,972
EBIT Margin	1.03%	1.00%	1.51%	0.70%	-0.14%	-2.43%
Effective Tax Rate	20.39%	22.53%	13.84%	47.14%	82.41%	22.88%
Revenue as Reported	6,737,693	6,126,008	4,038,231	2,200,116	2,109,065	1,888,697

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