Thien Viet Securities JSC 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
Interest and Dividend Income	311,712	304,917	531,610	770,109	473,001	227,866
Total Interest Expense	226,615	220,326	177,572	203,869	179,677	89,763
Net Interest Income	85,097	84,591	354,038	566,241	293,325	138,103
Brokerage Commission	22,402	21,158	22,519	18,240	29,034	49,036
Trading & Principal Transactions	-57,634	-48,753	-44,321	-27,339	-10,771	-18,509
Asset Management Fee	687.2	671.85	8,788	581.14	29,551	13,788
Gain on Sale of Investments (Rev)	655,690	577,480	550,797	517,343	439,017	678,379
Other Revenue	140,631	137,530	49,604	25,785	53,662	74,340
Revenue	846,872	772,677	941,425	1,100,851	833,817	935,136
Revenue Growth (YoY)	10.38%	-17.93%	-14.48%	32.02%	-10.84%	80.86%
Salaries & Employee Benefits	43,299	39,754	42,860	44,947	20,345	25,315
Cost of Services Provided	85,810	84,494	76,611	63,538	82,729	92,729
Other Operating Expenses	13,045	13,742	234,051	17,845	21,222	21,904
Total Operating Expenses	143,471	139,333	354,486	126,996	124,296	140,231
Operating Income	703,402	633,344	586,939	973,855	709,520	794,905
Currency Exchange Gains	757.12	740.72	0.39	146.62	-20,655	-4,492
Other Non-Operating Income (Expenses)	-1,550	-1,420	-653.04	-406,155	-242,105	-51,886
EBT Excluding Unusual Items	702,609	632,665	586,286	567,847	446,760	738,527
Gain (Loss) on Sale of Investments	-388,581	-279,578	-242,494	-254,937	-394,315	-94,516
Pretax Income	314,028	353,087	343,792	312,910	52,445	644,011
Income Tax Expense	68,345	66,259	62,158	61,201	8,266	126,918
Earnings From Continuing Ops.	245,683	286,829	281,634	251,709	44,179	517,092
Minority Interest in Earnings	-604.17	-415.01	-756.75	-427.19	-527.97	-163.28
Net Income	245,079	286,414	280,877	251,281	43,651	516,929
Preferred Dividends & Other Adjustments	-	-	14,072	12,564	-	-
Net Income to Common	245,079	286,414	266,805	238,717	43,651	516,929
Net Income Growth	9.95%	1.97%	11.78%	475.65%	-91.56%	122.21%
Shares Outstanding (Basic)	200	191	187	186	183	183
Shares Outstanding (Diluted)	200	191	187	186	183	183
Shares Change (YoY)	7.13%	2.17%	0.25%	1.96%	-0.00%	5.58%
EPS (Basic)	1223.68	1500.10	1427.68	1280.54	238.75	2827.27
EPS (Diluted)	1223.58	1500.00	1427.68	1280.36	238.64	2827.27
EPS Growth	2.62%	5.07%	11.51%	436.53%	-91.56%	110.45%
Free Cash Flow	1,618,345	644,370	-452,309	-1,320,161	163,347	-533,696
Free Cash Flow Per Share	8080.39	3374.92	-2420.32	-7081.70	893.42	-2918.98
Operating Margin	83.06%	81.97%	62.35%	88.46%	85.09%	85.00%
Profit Margin	28.94%	37.07%	28.34%	21.68%	5.24%	55.28%
Free Cash Flow Margin	191.10%	83.39%	-48.05%	-119.92%	19.59%	-57.07%
Effective Tax Rate	21.76%	18.77%	18.08%	19.56%	15.76%	19.71%
Revenue as Reported	1,088,794	1,007,500	1,149,510	-	1,022,130	-

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