VNDIRECT Securities JSC (HOSE: VND)

VNDIRECT Securities JSC 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	2,184,798	2,205,753	2,766,910	1,799,580	803,979	831,096
Total Interest Expense	954,153	1,444,406	958,803	413,712	368,828	436,245
Net Interest Income	1,230,645	761,348	1,808,108	1,385,868	435,151	394,850
Brokerage Commission	928,251	867,030	1,250,405	1,614,986	478,193	335,410
Asset Management Fee	91,992	92,478	67,605	14,916	13,845	12,905
Underwriting & Investment Banking Fee	130,302	107,575	193,690	255,051	34,775	-
Gain on Sale of Investments (Rev)	3,101,339	3,243,761	2,665,912	2,207,707	773,032	269,386
Other Revenue	89,946	44,824	51,193	146,994	30,704	57,494
Revenue Before Loan Losses	5,572,475	5,117,017	6,036,912	5,625,521	1,765,701	1,070,044
Provision for Loan Losses	-12,522	-88,909	89,636	73,998	18,496	34,061
Revenue	5,584,996	5,205,926	5,947,276	5,551,523	1,747,205	1,035,983
Revenue Growth (YoY)	15.21%	-12.47%	7.13%	217.74%	68.65%	-17.07%
Cost of Services Provided	1,325,591	1,217,330	1,461,618	1,458,654	593,489	483,638
Other Operating Expenses	57,354	48,270	87,303	94,071	13,772	-
Total Operating Expenses	1,382,945	1,265,600	1,548,921	1,552,725	607,260	483,638
Operating Income	4,202,051	3,940,326	4,398,355	3,998,798	1,139,945	552,345
Currency Exchange Gains	-234.18	6,668	-108,396	-32,118	-2,991	-3,152
Other Non-Operating Income (Expenses)	23,222	18,967	21,869	11,793	1,172	28,435
EBT Excluding Unusual Items	4,225,039	3,965,961	4,311,829	3,978,473	1,138,126	577,628
Gain (Loss) on Sale of Investments	-1,257,011	-1,488,619	-2,584,029	-998,253	-276,061	-98,651
Pretax Income	2,973,027	2,482,342	1,727,799	2,980,221	862,065	478,977
Income Tax Expense	549,987	460,092	361,856	597,297	169,298	96,829
Net Income	2,423,040	2,022,251	1,365,944	2,382,924	692,767	382,149
Preferred Dividends & Other Adjustments	-	-	-	-	16,732	-
Net Income to Common	2,423,040	2,022,251	1,365,944	2,382,924	676,035	382,149
Net Income Growth	240.88%	48.05%	-42.68%	243.97%	81.28%	2.42%
Shares Outstanding (Basic)	1,279	1,279	1,387	695	394	394
Shares Outstanding (Diluted)	1,279	1,279	1,387	695	394	394
Shares Change (YoY)	-20.43%	-7.83%	99.51%	76.43%	-0.01%	-0.50%
EPS (Basic)	1894.87	1581.46	984.59	3426.95	1715.26	969.46
EPS (Diluted)	1894.87	1581.46	984.59	3426.95	1715.26	969.46
EPS Growth	328.41%	60.62%	-71.27%	99.79%	76.93%	6.51%
Free Cash Flow	1,847,963	2,107,830	-3,194,082	-13,388,519	-2,126,877	-500,873
Free Cash Flow Per Share	1445.15	1648.38	-2302.33	-19254.38	-5396.38	-1270.64
Dividend Per Share	476.190	476.190	-	476.190	-	264.550
Operating Margin	75.24%	75.69%	73.96%	72.03%	65.24%	53.32%
Profit Margin	43.38%	38.85%	22.97%	42.92%	38.69%	36.89%
Free Cash Flow Margin	33.09%	40.49%	-53.71%	-241.17%	-121.73%	-48.35%
Effective Tax Rate	18.50%	18.53%	20.94%	20.04%	19.64%	20.22%
Revenue as Reported	6,526,628	6,561,422	6,995,715	6,039,233	2,134,529	1,506,290

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