HOSE:VPI 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 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,976,352	1,897,331	1,864,842	2,152,086	2,610,596
Revenue Growth (YoY)	4.17%	1.74%	-13.35%	-17.56%	20.58%
Cost of Revenue	1,227,272	1,577,563	565,517	985,119	1,968,679
Gross Profit	749,080	319,768	1,299,324	1,166,966	641,918
Selling, General & Admin	275,746	144,651	360,413	366,419	285,198
Operating Expenses	275,746	144,651	360,413	366,419	285,198
Operating Income	473,334	175,118	938,911	800,548	356,720
Interest Expense	-60,044	-193,395	-464,642	-331,464	-114,222
Interest & Investment Income	72,741	64,898	110,323	100,380	67,460
Earnings From Equity Investments	66,560	53,316	31,748	14,377	20,559
Other Non Operating Income (Expenses)	3,674	-6,395	2,135	21,067	8,101
EBT Excluding Unusual Items	556,266	93,542	618,474	604,907	338,618
Gain (Loss) on Sale of Investments	61,110	72,692	-	30,618	53,639
Gain (Loss) on Sale of Assets	-97,166	174,184	-	-	-
Pretax Income	520,210	340,419	618,474	635,525	392,257
Income Tax Expense	127,350	36,519	167,724	143,175	48,107
Earnings From Continuing Operations	392,860	303,899	450,750	492,350	344,150
Minority Interest in Earnings	-2,216	24,575	45,475	47,341	3,982
Net Income	390,644	328,475	496,225	539,690	348,132
Preferred Dividends & Other Adjustments	-	-	-	37.58	-
Net Income to Common	390,644	328,475	496,225	539,653	348,132
Net Income Growth	18.93%	-33.80%	-8.05%	55.02%	15.69%
Shares Outstanding (Basic)	320	295	290	290	290
Shares Outstanding (Diluted)	320	295	290	290	290
Shares Change (YoY)	8.39%	1.68%	-	-	-
EPS (Basic)	1220.57	1112.44	1708.77	1858.31	1198.80
EPS (Diluted)	1220.57	1112.00	1708.77	1858.31	1198.80
EPS Growth	9.76%	-34.92%	-8.05%	55.01%	15.69%
Free Cash Flow	96,865	113,020	-1,497,928	-395,149	449,469
Free Cash Flow Per Share	302.66	382.76	-5158.17	-1360.71	1547.76
Dividend Per Share	-	-	-	833.333	-
Gross Margin	37.90%	16.85%	69.67%	54.23%	24.59%
Operating Margin	23.95%	9.23%	50.35%	37.20%	13.66%
Profit Margin	19.77%	17.31%	26.61%	25.08%	13.33%
Free Cash Flow Margin	4.90%	5.96%	-80.33%	-18.36%	17.22%
EBITDA	511,281	213,374	986,732	839,496	376,887
EBITDA Margin	25.87%	11.25%	52.91%	39.01%	14.44%
D&A For EBITDA	37,948	38,256	47,821	38,949	20,167
EBIT	473,334	175,118	938,911	800,548	356,720
EBIT Margin	23.95%	9.23%	50.35%	37.20%	13.66%
Effective Tax Rate	24.48%	10.73%	27.12%	22.53%	12.26%
Revenue as Reported	1,976,352	1,897,331	1,864,842	2,152,086	2,610,596
Advertising Expenses	32,269	179.18	2,273	24,378	18,060

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