Vietcap Securities JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Interest and Dividend Income	1,017,998	914,846	862,878	839,387	635,332	352,032	Upgrade
Total Interest Expense	713,292	764,125	562,553	477,360	330,777	173,513	Upgrade
Net Interest Income	304,706	150,721	300,324	362,027	304,555	178,518	Upgrade
Brokerage Commission	737,232	729,604	535,380	1,011,222	857,253	466,369	Upgrade
Trading & Principal Transactions	-48,038	-49,883	-40,216	-19,503	-30,162	-13,198	Upgrade
Asset Management Fee	14,486	14,317	12,038	10,997	9,568	11,975	Upgrade
Underwriting & Investment Banking Fee	-	-	-	-	272.73	2,600	Upgrade
Gain on Sale of Investments (Rev)	2,157,654	1,988,247	1,030,908	1,266,410	1,866,976	851,293	Upgrade
Other Revenue	55,790	47,204	30,092	27,844	322,204	34,279	Upgrade
Revenue Before Loan Losses	3,221,831	2,880,211	1,868,527	2,658,997	3,330,666	1,531,837	Upgrade
Revenue	3,221,831	2,880,211	1,868,527	2,658,997	3,330,666	1,531,837	Upgrade
Revenue Growth (YoY)	30.86%	54.14%	-29.73%	-20.17%	117.43%	12.04%	Upgrade
Salaries & Employee Benefits	-	-	-	-	-	32,943	Upgrade
Cost of Services Provided	784,210	820,544	649,412	555,396	827,157	334,423	Upgrade
Other Operating Expenses	-799.28	-1,307	-1,164	-382.89	-8,837	-2,009	Upgrade
Total Operating Expenses	783,410	819,237	648,247	555,013	818,320	366,746	Upgrade
Operating Income	2,438,420	2,060,973	1,220,280	2,103,983	2,512,346	1,165,091	Upgrade
Currency Exchange Gains	6,428	6,487	-113,987	-88,232	10,933	-4,020	Upgrade
Other Non-Operating Income (Expenses)	13,014	13,553	-39,797	-43,698	-31,650	-9,523	Upgrade
EBT Excluding Unusual Items	2,457,862	2,081,013	1,066,496	1,972,054	2,491,629	1,151,548	Upgrade
Gain (Loss) on Sale of Investments	-1,373,234	-991,675	-496,358	-912,315	-641,044	-200,510	Upgrade
Pretax Income	1,084,628	1,089,337	570,139	1,059,739	1,850,585	951,039	Upgrade
Income Tax Expense	172,129	178,645	78,234	190,761	351,867	182,127	Upgrade
Earnings From Continuing Ops.	912,499	910,692	491,905	868,978	1,498,718	768,912	Upgrade
Net Income	912,499	910,692	491,905	868,978	1,498,718	768,912	Upgrade
Net Income to Common	912,499	910,692	491,905	868,978	1,498,718	768,912	Upgrade
Net Income Growth	17.15%	85.14%	-43.39%	-42.02%	94.91%	10.93%	Upgrade
Shares Outstanding (Basic)	718	591	568	565	562	557	Upgrade
Shares Outstanding (Diluted)	718	591	568	565	562	557	Upgrade
Shares Change (YoY)	25.00%	4.22%	0.43%	0.63%	0.86%	0.76%	Upgrade
EPS (Basic)	1270.71	1539.72	866.74	1537.72	2668.85	1380.99	Upgrade
EPS (Diluted)	1270.71	1539.72	866.74	1537.69	2668.85	1380.99	Upgrade
EPS Growth	-6.28%	77.65%	-43.63%	-42.38%	93.26%	10.09%	Upgrade
Free Cash Flow	-3,202,781	-3,415,351	-4,363,453	3,719,511	-3,756,441	-585,358	Upgrade
Free Cash Flow Per Share	-4460.08	-5774.39	-7688.43	6581.96	-6689.30	-1051.32	Upgrade
Dividend Per Share	-	-	307.692	923.077	710.059	887.574	Upgrade
Dividend Growth	-	-	-66.67%	30.00%	-20.00%	100.00%	Upgrade
Operating Margin	75.68%	71.56%	65.31%	79.13%	75.43%	76.06%	Upgrade
Profit Margin	28.32%	31.62%	26.33%	32.68%	45.00%	50.20%	Upgrade
Free Cash Flow Margin	-99.41%	-118.58%	-233.52%	139.88%	-112.78%	-38.21%	Upgrade
Effective Tax Rate	15.87%	16.40%	13.72%	18.00%	19.01%	19.15%	Upgrade
Revenue as Reported	3,983,960	3,695,525	2,472,461	3,156,243	3,707,069	1,729,592	Upgrade

Updated Jan 21, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.