VNDIRECT Securities JSC (HOSE:VND)

VNDIRECT Securities JSC 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	2,052,481	2,090,316	2,205,753	2,766,910	1,799,580	803,979
Total Interest Expense	834,650	667,433	1,444,406	958,803	413,712	368,828
Net Interest Income	1,217,831	1,422,882	761,348	1,808,108	1,385,868	435,151
Brokerage Commission	663,019	719,864	867,030	1,250,405	1,614,986	478,193
Asset Management Fee	97,319	88,975	92,478	67,605	14,916	13,845
Underwriting & Investment Banking Fee	59,328	53,975	107,575	193,690	255,051	34,775
Gain on Sale of Investments (Rev)	2,406,684	2,294,189	3,243,761	2,665,912	2,207,707	773,032
Other Revenue	159,513	77,626	44,824	51,193	146,994	30,704
Revenue Before Loan Losses	4,603,694	4,657,511	5,117,017	6,036,912	5,625,521	1,765,701
Provision for Loan Losses	276,750	130,321	-88,909	89,636	73,998	18,496
Revenue	4,326,944	4,527,190	5,205,926	5,947,276	5,551,523	1,747,205
Revenue Growth (YoY)	-22.53%	-13.04%	-12.46%	7.13%	217.74%	68.65%
Cost of Services Provided	1,104,520	1,183,849	1,217,330	1,461,618	1,458,654	593,489
Other Operating Expenses	42,221	68,421	48,270	87,303	94,071	13,772
Total Operating Expenses	1,146,741	1,252,271	1,265,600	1,548,921	1,552,725	607,260
Operating Income	3,180,203	3,274,919	3,940,326	4,398,355	3,998,798	1,139,945
Currency Exchange Gains	-	-	6,668	-108,396	-32,118	-2,991
Other Non-Operating Income (Expenses)	14,997	20,507	18,967	21,869	11,793	1,172
EBT Excluding Unusual Items	3,195,200	3,295,426	3,965,961	4,311,829	3,978,473	1,138,126
Gain (Loss) on Sale of Investments	-1,333,529	-1,207,102	-1,483,619	-2,584,029	-998,253	-276,061
Pretax Income	1,861,670	2,088,324	2,482,342	1,727,799	2,980,221	862,065
Income Tax Expense	354,163	369,899	460,092	361,856	597,297	169,298
Net Income	1,507,507	1,718,425	2,022,251	1,365,944	2,382,924	692,767
Preferred Dividends & Other Adjustments	-	-	185,563	-	-	16,732
Net Income to Common	1,507,507	1,718,425	1,836,688	1,365,944	2,382,924	676,035
Net Income Growth	-37.78%	-15.02%	48.05%	-42.68%	243.97%	81.28%
Shares Outstanding (Basic)	1,614	1,522	1,522	1,387	695	394
Shares Outstanding (Diluted)	1,614	1,522	1,522	1,387	695	394
Shares Change (YoY)	3.92%	-	9.73%	99.52%	76.43%	-0.01%
EPS (Basic)	934.23	1128.83	1206.52	984.59	3426.95	1715.26
EPS (Diluted)	934.23	1128.83	1206.52	984.59	3426.95	1715.26
EPS Growth	-35.17%	-6.44%	22.54%	-71.27%	99.79%	76.93%
Free Cash Flow	-7,050,756	-7,147,235	2,107,830	-3,194,082	-13,388,519	-2,126,877
Free Cash Flow Per Share	-4369.48	-4695.02	1384.63	-2302.34	-19254.38	-5396.38
Dividend Per Share	500.000	500.000	476.190	-	476.190	-
Dividend Growth	5.00%	5.00%	-	-	-	-
Operating Margin	73.50%	72.34%	75.69%	73.96%	72.03%	65.24%
Profit Margin	34.84%	37.96%	35.28%	22.97%	42.92%	38.69%
Free Cash Flow Margin	-162.95%	-157.87%	40.49%	-53.71%	-241.17%	-121.73%
Effective Tax Rate	19.02%	17.71%	18.54%	20.94%	20.04%	19.64%
Revenue as Reported	5,438,344	5,324,944	6,561,422	6,995,715	6,039,233	2,134,529

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