SPM Corporation 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	Dec '21 Dec 31, 2021
Revenue	253,956	297,775	406,105	699,633	709,890
Revenue Growth (YoY)	-14.71%	-26.67%	-41.95%	-1.44%	16.38%
Cost of Revenue	193,052	237,101	336,404	617,193	625,039
Gross Profit	60,904	60,674	69,701	82,440	84,851
Selling, General & Admin	45,255	49,303	39,192	40,544	46,297
Operating Expenses	45,255	49,303	39,192	40,544	46,297
Operating Income	15,649	11,371	30,508	41,897	38,554
Interest Expense	-6,044	-7,447	-11,761	-11,411	-11,452
Interest & Investment Income	407.33	2	224.71	1,898	329.39
Currency Exchange Gain (Loss)	-	-184.63	-203.64	-	-
Other Non Operating Income (Expenses)	-1,382	401.52	-2,265	-938.94	-1,220
EBT Excluding Unusual Items	8,631	4,143	16,503	31,445	26,211
Pretax Income	8,631	4,143	16,503	31,445	26,211
Income Tax Expense	3,375	-475.15	4,386	6,823	6,028
Net Income	5,256	4,618	12,117	24,623	20,183
Net Income to Common	5,256	4,618	12,117	24,623	20,183
Net Income Growth	13.80%	-61.89%	-50.79%	22.00%	146.51%
Shares Outstanding (Basic)	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14
Shares Change (YoY)	-0.08%	-	-0.01%	0.03%	0.05%
EPS (Basic)	382.00	335.38	879.94	1788.00	1466.00
EPS (Diluted)	382.00	335.00	879.94	1788.00	1466.00
EPS Growth	14.03%	-61.93%	-50.79%	21.96%	146.39%
Free Cash Flow	49,874	53,012	28,083	27,771	4,282
Free Cash Flow Per Share	3625.01	3849.80	2039.44	2016.62	311.00
Dividend Per Share	500.000	500.000	-	-	-
Gross Margin	23.98%	20.38%	17.16%	11.78%	11.95%
Operating Margin	6.16%	3.82%	7.51%	5.99%	5.43%
Profit Margin	2.07%	1.55%	2.98%	3.52%	2.84%
Free Cash Flow Margin	19.64%	17.80%	6.92%	3.97%	0.60%
EBITDA	37,574	28,017	42,470	51,753	46,874
EBITDA Margin	14.79%	9.41%	10.46%	7.40%	6.60%
D&A For EBITDA	21,925	16,646	11,962	9,856	8,320
EBIT	15,649	11,371	30,508	41,897	38,554
EBIT Margin	6.16%	3.82%	7.51%	5.99%	5.43%
Effective Tax Rate	39.11%	-	26.58%	21.70%	23.00%
Revenue as Reported	253,956	297,775	406,105	699,633	709,890

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