Vinalink Logistics JSC (HOSE:VNL)

Vinalink Logistics JSC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2014	FY 2013
Period Ending	Mar 31, 2026	Dec 31, 2025	Jan 1, 2025	Jan 1, 2024	Dec 31, 2014	Jan 1, 2014
Revenue	1,460,969	1,398,039	1,152,739	729,154	668,371	582,954
Revenue Growth (YoY)	18.99%	21.28%	58.09%	9.09%	14.65%	32.13%
Cost of Revenue	1,365,967	1,301,775	1,072,333	687,373	639,160	555,218
Gross Profit	95,002	96,264	80,406	41,781	29,210	27,736
Selling, General & Admin	32,876	32,182	29,178	22,705	13,214	12,548
Operating Expenses	34,682	33,987	30,834	25,054	13,214	12,548
Operating Income	60,320	62,277	49,572	16,727	15,996	15,188
Interest Expense	-7,505	-7,505	-5,587	-4,959	-	-
Interest & Investment Income	8,607	8,081	5,660	24,834	302.85	1,019
Earnings From Equity Investments	-	-	-	-	45,011	14,381
Currency Exchange Gain (Loss)	10,447	11,156	9,583	7,215	529.97	62.08
Other Non Operating Income (Expenses)	-25.37	216.21	96.57	-95.49	85.31	313.29
EBT Excluding Unusual Items	71,844	74,225	59,324	43,721	61,925	30,962
Pretax Income	71,844	74,225	59,324	43,721	61,925	30,962
Income Tax Expense	18,525	19,125	13,890	6,408	11,752	4,443
Net Income	53,318	55,100	45,434	37,314	50,173	26,519
Preferred Dividends & Other Adjustments	1,653	1,653	1,363	746	-	-
Net Income to Common	51,665	53,447	44,071	36,568	50,173	26,519
Net Income Growth	2.86%	21.27%	21.76%	-25.63%	89.20%	1.12%
Shares Outstanding (Basic)	14	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14	14
Shares Change (YoY)	-0.25%	-	-	4.74%	-	-
EPS (Basic)	3653.94	3779.72	3116.64	2586.03	3716.51	1964.38
EPS (Diluted)	3653.94	3779.72	3116.64	2586.00	3716.51	1964.38
EPS Growth	2.62%	21.27%	20.52%	-30.42%	89.20%	1.12%
Free Cash Flow	13,533	24,757	9,074	-4,359	63,706	-2,646
Free Cash Flow Per Share	957.09	1750.78	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	6.50%	6.89%	6.98%	5.73%	4.37%	4.76%
Operating Margin	4.13%	4.46%	4.30%	2.29%	2.39%	2.60%
Profit Margin	3.54%	3.82%	3.82%	5.01%	7.51%	4.55%
Free Cash Flow Margin	0.93%	1.77%	0.79%	-0.60%	9.53%	-0.45%
EBITDA	62,832	64,694	51,899	18,865	19,141	18,356
EBITDA Margin	4.30%	4.63%	4.50%	2.59%	2.86%	3.15%
D&A For EBITDA	2,512	2,416	2,327	2,138	3,145	3,168
EBIT	60,320	62,277	49,572	16,727	15,996	15,188
EBIT Margin	4.13%	4.46%	4.30%	2.29%	2.39%	2.60%
Effective Tax Rate	25.79%	25.77%	23.41%	14.66%	18.98%	14.35%
Revenue as Reported	1,460,969	1,398,039	1,152,739	729,154	668,371	582,954

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