Vinalink Logistics JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2014	FY 2013
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '14 Dec 31, 2014	Jan '14 Jan 1, 2014
Revenue	1,398,039	1,152,739	729,154	668,371	582,954
Revenue Growth (YoY)	21.28%	58.09%	9.09%	14.65%	32.13%
Cost of Revenue	1,301,775	1,072,333	687,373	639,160	555,218
Gross Profit	96,264	80,406	41,781	29,210	27,736
Selling, General & Admin	33,987	29,178	22,705	13,214	12,548
Operating Expenses	33,987	30,834	25,054	13,214	12,548
Operating Income	62,277	49,572	16,727	15,996	15,188
Interest Expense	-7,505	-5,587	-4,959	-	-
Interest & Investment Income	8,081	5,660	24,834	302.85	1,019
Earnings From Equity Investments	-	-	-	45,011	14,381
Currency Exchange Gain (Loss)	11,156	9,583	7,215	529.97	62.08
Other Non Operating Income (Expenses)	216.21	96.57	-95.49	85.31	313.29
EBT Excluding Unusual Items	74,225	59,324	43,721	61,925	30,962
Pretax Income	74,225	59,324	43,721	61,925	30,962
Income Tax Expense	16,725	13,890	6,408	11,752	4,443
Net Income	57,500	45,434	37,314	50,173	26,519
Preferred Dividends & Other Adjustments	-	908.68	746	-	-
Net Income to Common	57,500	44,525	36,568	50,173	26,519
Net Income Growth	26.56%	21.76%	-25.63%	89.20%	1.12%
Shares Outstanding (Basic)	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14
Shares Change (YoY)	2.04%	-	4.74%	-	-
EPS (Basic)	3985.00	3148.77	2586.03	3716.51	1964.38
EPS (Diluted)	3985.00	3148.77	2586.00	3716.51	1964.38
EPS Growth	26.56%	21.76%	-30.42%	89.20%	1.12%
Free Cash Flow	24,757	9,074	-4,359	63,706	-2,646
Free Cash Flow Per Share	1715.76	641.73	-308.28	4718.98	-196.00
Dividend Per Share	-	1500.000	-	1000.000	1333.333
Dividend Growth	-	-	-	-25.00%	33.33%
Gross Margin	6.89%	6.98%	5.73%	4.37%	4.76%
Operating Margin	4.46%	4.30%	2.29%	2.39%	2.60%
Profit Margin	4.11%	3.86%	5.01%	7.51%	4.55%
Free Cash Flow Margin	1.77%	0.79%	-0.60%	9.53%	-0.45%
EBITDA	64,694	51,795	18,865	19,141	18,356
EBITDA Margin	4.63%	4.49%	2.59%	2.86%	3.15%
D&A For EBITDA	2,416	2,223	2,138	3,145	3,168
EBIT	62,277	49,572	16,727	15,996	15,188
EBIT Margin	4.46%	4.30%	2.29%	2.39%	2.60%
Effective Tax Rate	22.53%	23.41%	14.66%	18.98%	14.35%
Revenue as Reported	1,398,039	1,152,739	729,154	668,371	582,954

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.