Southern Seed 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	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	287,751	302,991	388,063	301,972	300,268	310,442
Revenue Growth (YoY)	-22.66%	-21.92%	28.51%	0.57%	-3.28%	-31.09%
Cost of Revenue	206,302	215,561	276,875	203,165	184,404	201,399
Gross Profit	81,449	87,430	111,188	98,807	115,864	109,043
Selling, General & Admin	63,580	65,782	66,851	64,322	66,093	59,506
Operating Expenses	63,580	65,782	66,851	64,322	66,093	59,506
Operating Income	17,869	21,648	44,337	34,485	49,771	49,537
Interest Expense	-3,312	-3,858	-2,714	-487.83	-	-
Interest & Investment Income	6,425	6,454	7,246	8,448	6,654	4,653
Earnings From Equity Investments	-	-	-	9,900	-	9,900
Currency Exchange Gain (Loss)	-2.91	-2.91	-41.07	-57.45	1.66	1.6
Other Non Operating Income (Expenses)	-3,625	-3,687	4,423	3,980	6,782	-420.79
EBT Excluding Unusual Items	17,354	20,555	53,251	56,267	63,208	63,671
Gain (Loss) on Sale of Assets	-	-	747.74	11,454	531.36	-
Other Unusual Items	-	-	-	-	-	2,240
Pretax Income	17,354	20,555	53,999	67,721	63,740	65,911
Income Tax Expense	5,934	6,704	11,480	13,015	13,075	11,464
Earnings From Continuing Operations	11,419	13,850	42,519	54,706	50,665	54,447
Net Income	11,419	13,850	42,519	54,706	50,665	54,447
Preferred Dividends & Other Adjustments	1,502	1,502	5,080	5,240	4,053	4,356
Net Income to Common	9,918	12,349	37,439	49,467	46,612	50,091
Net Income Growth	-70.05%	-67.42%	-22.28%	7.98%	-6.95%	35.84%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
EPS (Basic)	747.28	930.46	2820.95	3727.22	3512.10	3774.25
EPS (Diluted)	747.28	930.46	2820.95	3727.22	3512.00	3774.00
EPS Growth	-69.99%	-67.02%	-24.32%	6.13%	-6.94%	35.85%
Free Cash Flow	74,334	30,549	-60,627	43,940	20,743	53,376
Free Cash Flow Per Share	5600.88	2301.80	-4568.10	3310.78	1562.95	4021.74
Dividend Per Share	-	-	-	-	3000.000	3000.000
Dividend Growth	-	-	-	-	-	100.00%
Gross Margin	28.31%	28.86%	28.65%	32.72%	38.59%	35.13%
Operating Margin	6.21%	7.14%	11.43%	11.42%	16.57%	15.96%
Profit Margin	3.45%	4.08%	9.65%	16.38%	15.52%	16.13%
Free Cash Flow Margin	25.83%	10.08%	-15.62%	14.55%	6.91%	17.19%
EBITDA	29,489	33,865	58,322	46,549	59,282	59,501
EBITDA Margin	10.25%	11.18%	15.03%	15.42%	19.74%	19.17%
D&A For EBITDA	11,621	12,218	13,985	12,064	9,511	9,964
EBIT	17,869	21,648	44,337	34,485	49,771	49,537
EBIT Margin	6.21%	7.14%	11.43%	11.42%	16.57%	15.96%
Effective Tax Rate	34.20%	32.62%	21.26%	19.22%	20.51%	17.39%
Revenue as Reported	287,751	302,991	388,063	301,972	300,268	310,442

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