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	54,593	49,303	39,192	40,544	46,297
Operating Expenses	54,593	49,303	39,192	40,544	46,297
Operating Income	6,311	11,371	30,508	41,897	38,554
Interest Expense	-6,044	-7,447	-11,761	-11,411	-11,452
Interest & Investment Income	7.42	2	224.71	1,898	329.39
Currency Exchange Gain (Loss)	-23.04	-184.63	-203.64	-	-
Other Non Operating Income (Expenses)	-308.3	-7.58	-2,265	-938.94	-1,220
EBT Excluding Unusual Items	-56.87	3,734	16,503	31,445	26,211
Gain (Loss) on Sale of Assets	-2.81	409.09	-	-	-
Pretax Income	-59.68	4,143	16,503	31,445	26,211
Income Tax Expense	1,637	-475.15	4,386	6,823	6,028
Net Income	-1,697	4,618	12,117	24,623	20,183
Net Income to Common	-1,697	4,618	12,117	24,623	20,183
Net Income Growth	-	-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)	-	-	-0.01%	0.03%	0.05%
EPS (Basic)	-123.21	335.38	879.94	1788.00	1466.00
EPS (Diluted)	-123.21	335.00	879.94	1788.00	1466.00
EPS Growth	-	-61.93%	-50.79%	21.96%	146.39%
Free Cash Flow	49,904	53,012	28,083	27,771	4,282
Free Cash Flow Per Share	3624.13	3849.80	2039.44	2016.62	311.00
Dividend Per Share	-	500.000	-	-	-
Gross Margin	23.98%	20.38%	17.16%	11.78%	11.95%
Operating Margin	2.48%	3.82%	7.51%	5.99%	5.43%
Profit Margin	-0.67%	1.55%	2.98%	3.52%	2.84%
Free Cash Flow Margin	19.65%	17.80%	6.92%	3.97%	0.60%
EBITDA	28,243	28,069	42,470	51,753	46,874
EBITDA Margin	11.12%	9.43%	10.46%	7.40%	6.60%
D&A For EBITDA	21,931	16,698	11,962	9,856	8,320
EBIT	6,311	11,371	30,508	41,897	38,554
EBIT Margin	2.48%	3.82%	7.51%	5.99%	5.43%
Effective Tax Rate	-	-	26.58%	21.70%	23.00%
Revenue as Reported	253,956	297,775	406,105	699,633	709,890
Advertising Expenses	17,011	20,616	-	-	-

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