Southern Seed Corporation (HOSE:SSC)

Southern Seed Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	372,054	388,063	301,972	300,268	310,442	450,502
Revenue Growth (YoY)	16.86%	28.51%	0.57%	-3.28%	-31.09%	-26.33%
Cost of Revenue	266,152	276,875	203,165	184,404	201,399	349,110
Gross Profit	105,902	111,188	98,807	115,864	109,043	101,392
Selling, General & Admin	65,787	66,851	64,322	66,093	59,506	57,827
Operating Expenses	65,787	66,851	64,322	66,093	59,506	57,827
Operating Income	40,115	44,337	34,485	49,771	49,537	43,565
Interest Expense	-3,054	-2,714	-487.83	-	-	-99.02
Interest & Investment Income	6,600	7,246	8,448	6,654	4,653	4,651
Earnings From Equity Investments	-	-	9,900	-	9,900	-
Currency Exchange Gain (Loss)	-41.07	-41.07	-57.45	1.66	1.6	5.69
Other Non Operating Income (Expenses)	4,037	4,423	3,980	6,782	-420.79	2,815
EBT Excluding Unusual Items	47,656	53,251	56,267	63,208	63,671	50,937
Gain (Loss) on Sale of Assets	747.74	747.74	11,454	531.36	-	-
Other Unusual Items	-	-	-	-	2,240	-
Pretax Income	48,404	53,999	67,721	63,740	65,911	50,937
Income Tax Expense	10,278	11,480	13,015	13,075	11,464	10,857
Earnings From Continuing Operations	38,126	42,519	54,706	50,665	54,447	40,080
Net Income	38,126	42,519	54,706	50,665	54,447	40,080
Preferred Dividends & Other Adjustments	2,339	2,339	5,240	4,053	4,356	3,206
Net Income to Common	35,787	40,180	49,467	46,612	50,091	36,874
Net Income Growth	-32.64%	-22.28%	7.98%	-6.95%	35.84%	-45.72%
Shares Outstanding (Basic)	-	13	13	13	13	13
Shares Outstanding (Diluted)	-	13	13	13	13	13
Shares Change (YoY)	-	-	-	-	-	-0.95%
EPS (Basic)	-	3027.51	3727.22	3512.10	3774.25	2778.35
EPS (Diluted)	-	3027.51	3727.22	3512.00	3774.00	2778.00
EPS Growth	-	-18.77%	6.13%	-6.94%	35.85%	-45.20%
Free Cash Flow	-38,622	-60,627	43,940	20,743	53,376	46,762
Free Cash Flow Per Share	-	-4568.10	3310.78	1562.95	4021.74	3523.39
Dividend Per Share	-	-	-	3000.000	3000.000	1500.000
Dividend Growth	-	-	-	-	100.00%	-25.00%
Gross Margin	28.46%	28.65%	32.72%	38.59%	35.13%	22.51%
Operating Margin	10.78%	11.43%	11.42%	16.57%	15.96%	9.67%
Profit Margin	9.62%	10.35%	16.38%	15.52%	16.13%	8.19%
Free Cash Flow Margin	-10.38%	-15.62%	14.55%	6.91%	17.19%	10.38%
EBITDA	53,362	57,572	46,549	59,282	59,501	55,226
EBITDA Margin	14.34%	14.84%	15.42%	19.74%	19.17%	12.26%
D&A For EBITDA	13,247	13,235	12,064	9,511	9,964	11,662
EBIT	40,115	44,337	34,485	49,771	49,537	43,565
EBIT Margin	10.78%	11.43%	11.42%	16.57%	15.96%	9.67%
Effective Tax Rate	21.23%	21.26%	19.22%	20.51%	17.39%	21.32%
Revenue as Reported	372,054	388,063	301,972	300,268	310,442	450,502

Updated Jan 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.