HOSE:VNM Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	66,836,997	63,645,887	61,782,610	60,368,916	59,956,247	60,919,165
Revenue Growth (YoY)	10.24%	3.02%	2.34%	0.69%	-1.58%	2.15%
Cost of Revenue	38,925,928	37,436,413	36,192,433	35,824,184	36,059,016	34,640,863
Gross Profit	27,911,068	26,209,474	25,590,176	24,544,732	23,897,232	26,278,301
Selling, General & Admin	16,129,545	15,545,759	15,185,624	14,773,712	14,144,058	14,517,983
Operating Expenses	16,129,545	15,545,759	15,185,624	14,773,712	14,144,058	14,517,983
Operating Income	11,781,523	10,663,715	10,404,553	9,771,019	9,753,174	11,760,319
Interest Expense	-369,050	-325,923	-279,583	-354,821	-166,881	-89,020
Interest & Investment Income	1,409,932	1,398,289	1,399,026	1,546,047	1,210,690	1,103,481
Earnings From Equity Investments	-118,287	-150,558	32,003	-80,631	-24,476	-45,044
Currency Exchange Gain (Loss)	-6,914	6,748	31,121	10,010	-162,372	17,599
Other Non Operating Income (Expenses)	85,278	126,091	76,105	142,030	-21,775	181,289
EBT Excluding Unusual Items	12,782,481	11,718,362	11,663,225	11,033,653	10,588,359	12,928,623
Gain (Loss) on Sale of Investments	-298.78	684.54	15,808	-111.06	-4,500	-3,555
Gain (Loss) on Sale of Assets	-69,097	-69,062	-79,379	-65,642	-88,325	-73,581
Other Unusual Items	-	-	-	-	-	70,747
Pretax Income	12,713,085	11,649,985	11,599,654	10,967,899	10,495,535	12,922,235
Income Tax Expense	2,428,548	2,236,395	2,146,761	1,948,545	1,917,959	2,289,700
Earnings From Continuing Operations	10,284,537	9,413,590	9,452,893	9,019,354	8,577,575	10,632,536
Minority Interest in Earnings	-14,098	-3,388	-60,583	-145,542	-61,552	-100,059
Net Income	10,270,439	9,410,202	9,392,310	8,873,812	8,516,024	10,532,477
Preferred Dividends & Other Adjustments	1,066,012	992,818	986,477	940,038	924,627	1,092,037
Net Income to Common	9,204,427	8,417,384	8,405,833	7,933,775	7,591,396	9,440,440
Net Income Growth	17.16%	0.19%	5.84%	4.20%	-19.14%	-5.10%
Shares Outstanding (Basic)	2,090	2,090	2,090	2,090	2,090	2,090
Shares Outstanding (Diluted)	2,090	2,090	2,090	2,090	2,090	2,090
Shares Change (YoY)	-2.98%	-	-	-	0.00%	0.01%
EPS (Basic)	4404.13	4027.54	4022.02	3796.15	3632.32	4517.11
EPS (Diluted)	4404.13	4027.54	4022.02	3796.15	3632.32	4517.11
EPS Growth	16.63%	0.14%	5.95%	4.51%	-19.59%	-5.30%
Free Cash Flow	7,294,433	6,906,126	7,944,436	6,307,786	7,370,359	7,900,948
Free Cash Flow Per Share	3490.23	3304.44	3801.25	3018.14	3526.56	3780.48
Dividend Per Share	-	-	4350.000	3850.000	5350.000	3850.000
Dividend Growth	-	-	12.99%	-28.04%	38.96%	-6.10%
Gross Margin	41.76%	41.18%	41.42%	40.66%	39.86%	43.14%
Operating Margin	17.63%	16.75%	16.84%	16.19%	16.27%	19.30%
Profit Margin	13.77%	13.23%	13.61%	13.14%	12.66%	15.50%
Free Cash Flow Margin	10.91%	10.85%	12.86%	10.45%	12.29%	12.97%
EBITDA	14,142,244	13,005,266	12,745,618	12,071,146	12,094,164	14,127,197
EBITDA Margin	21.16%	20.43%	20.63%	20.00%	20.17%	23.19%
D&A For EBITDA	2,360,721	2,341,550	2,341,065	2,300,127	2,340,990	2,366,878
EBIT	11,781,523	10,663,715	10,404,553	9,771,019	9,753,174	11,760,319
EBIT Margin	17.63%	16.75%	16.84%	16.19%	16.27%	19.30%
Effective Tax Rate	19.10%	19.20%	18.51%	17.77%	18.27%	17.72%
Revenue as Reported	66,836,997	63,645,887	61,782,610	60,368,916	59,956,247	60,919,165

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