Southern Seed Corporation (HOSE: SSC)

Southern Seed Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	360,704	301,972	300,268	310,442	450,502	611,486
Revenue Growth (YoY)	28.33%	0.57%	-3.28%	-31.09%	-26.33%	0.47%
Cost of Revenue	252,010	203,165	184,404	201,399	349,110	438,015
Gross Profit	108,694	98,807	115,864	109,043	101,392	173,471
Selling, General & Admin	69,293	64,322	66,093	59,506	57,827	80,130
Operating Expenses	69,293	64,322	66,093	59,506	57,827	80,130
Operating Income	39,401	34,485	49,771	49,537	43,565	93,342
Interest Expense	-2,409	-487.83	-	-	-99.02	-1,837
Interest & Investment Income	8,673	8,474	6,654	4,653	4,651	2,286
Earnings From Equity Investments	9,900	9,900	-	9,900	-	-
Currency Exchange Gain (Loss)	13.31	16.2	1.66	1.6	5.69	-87.81
Other Non Operating Income (Expenses)	3,876	3,880	6,782	-420.79	2,815	-831.06
EBT Excluding Unusual Items	59,454	56,267	63,208	63,671	50,937	92,872
Gain (Loss) on Sale of Assets	11,854	11,454	531.36	-	-	-
Other Unusual Items	-	-	-	2,240	-	-
Pretax Income	71,308	67,721	63,740	65,911	50,937	92,872
Income Tax Expense	13,923	13,015	13,075	11,464	10,857	19,036
Earnings From Continuing Operations	57,384	54,706	50,665	54,447	40,080	73,836
Net Income	57,384	54,706	50,665	54,447	40,080	73,836
Preferred Dividends & Other Adjustments	4,377	4,377	4,053	4,356	3,206	5,907
Net Income to Common	53,008	50,330	46,612	50,091	36,874	67,929
Net Income Growth	35.21%	7.98%	-6.95%	35.84%	-45.72%	-20.16%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	-	-	-	-	-0.96%	-0.87%
EPS (Basic)	3994.02	3792.24	3512.10	3774.25	2778.35	5069.44
EPS (Diluted)	3993.77	3792.00	3512.00	3774.00	2778.00	5069.00
EPS Growth	38.08%	7.97%	-6.94%	35.85%	-45.20%	-19.47%
Free Cash Flow	-41,689	43,940	20,743	53,376	46,762	38,807
Free Cash Flow Per Share	-3141.20	3310.78	1562.95	4021.75	3523.39	2896.09
Dividend Per Share	-	-	3000.000	3000.000	1500.000	2000.000
Dividend Growth	-	-	0%	100.00%	-25.00%	-50.00%
Gross Margin	30.13%	32.72%	38.59%	35.12%	22.51%	28.37%
Operating Margin	10.92%	11.42%	16.58%	15.96%	9.67%	15.26%
Profit Margin	14.70%	16.67%	15.52%	16.14%	8.19%	11.11%
Free Cash Flow Margin	-11.56%	14.55%	6.91%	17.19%	10.38%	6.35%
EBITDA	51,531	46,345	59,282	59,501	55,226	105,289
EBITDA Margin	14.29%	15.35%	19.74%	19.17%	12.26%	17.22%
D&A For EBITDA	12,130	11,861	9,511	9,964	11,662	11,947
EBIT	39,401	34,485	49,771	49,537	43,565	93,342
EBIT Margin	10.92%	11.42%	16.58%	15.96%	9.67%	15.26%
Effective Tax Rate	19.53%	19.22%	20.51%	17.39%	21.31%	20.50%
Revenue as Reported	360,704	301,972	300,268	310,442	450,502	611,486

Source: S&P Capital IQ. Standard template. Financial Sources.