Vinpearl JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2010	2018 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '10 Dec 31, 2010	2018 - 2020
Revenue	13,577,224	14,376,149	9,254,103	7,172,730	3,606,805	664,708	Upgrade
Revenue Growth (YoY)	15.13%	55.35%	29.02%	98.87%	442.62%	36.92%	Upgrade
Cost of Revenue	10,794,563	11,513,069	11,823,195	11,290,707	10,177,498	403,424	Upgrade
Gross Profit	2,782,661	2,863,080	-2,569,092	-4,117,977	-6,570,693	261,284	Upgrade
Selling, General & Admin	2,025,014	1,834,542	1,517,691	1,874,488	4,485,193	112,531	Upgrade
Operating Expenses	2,025,014	1,834,542	1,517,691	1,874,488	4,485,193	112,531	Upgrade
Operating Income	757,647	1,028,538	-4,086,783	-5,992,465	-11,055,886	148,753	Upgrade
Interest Expense	-2,723,484	-1,325,781	-2,831,792	-2,419,597	-2,777,066	-526,510	Upgrade
Interest & Investment Income	-	1,030,222	527,381	1,455,959	170,177	460,113	Upgrade
Earnings From Equity Investments	-	-	-	-	-	-27,657	Upgrade
Currency Exchange Gain (Loss)	11,069	11,069	-292,362	-343,912	57,400	-10,105	Upgrade
Other Non Operating Income (Expenses)	-405,466	-577,849	4,579,718	-391,880	4,166,706	-17,982	Upgrade
EBT Excluding Unusual Items	-2,360,234	166,199	-2,103,838	-7,691,895	-9,438,669	26,612	Upgrade
Impairment of Goodwill	-447,505	-447,505	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	2,822,053	11,924,217	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	48,095	13,273	-	-5,702	Upgrade
Other Unusual Items	3,221,560	3,221,560	-	-	-	144,850	Upgrade
Pretax Income	413,821	2,940,254	766,310	4,245,595	-9,438,669	165,760	Upgrade
Income Tax Expense	185,591	390,220	95,687	15,931	20,452	16,051	Upgrade
Earnings From Continuing Operations	228,230	2,550,034	670,623	4,229,664	-9,459,121	149,709	Upgrade
Minority Interest in Earnings	-238	-310	29	550	1,080	-30,199	Upgrade
Net Income	227,992	2,549,724	670,652	4,230,214	-9,458,041	119,510	Upgrade
Net Income to Common	227,992	2,549,724	670,652	4,230,214	-9,458,041	119,510	Upgrade
Net Income Growth	-94.86%	280.19%	-84.15%	-	-	40.12%	Upgrade
Shares Outstanding (Basic)	1,742	1,687	2,425	2,653	1,971	172	Upgrade
Shares Outstanding (Diluted)	1,742	1,687	2,425	2,653	1,971	172	Upgrade
Shares Change (YoY)	-9.49%	-30.46%	-8.56%	34.56%	1043.50%	72.39%	Upgrade
EPS (Basic)	130.90	1511.66	276.51	1594.78	-4797.87	693.25	Upgrade
EPS (Diluted)	130.90	1511.66	276.51	1594.78	-4797.87	693.00	Upgrade
EPS Growth	-94.32%	446.70%	-82.66%	-	-	-18.75%	Upgrade
Free Cash Flow	7,431,447	18,875,618	-10,862,887	-12,621,334	-10,384,689	-827,879	Upgrade
Free Cash Flow Per Share	4266.68	11190.86	-4478.70	-4758.22	-5267.94	-4802.31	Upgrade
Gross Margin	20.50%	19.91%	-27.76%	-57.41%	-182.18%	39.31%	Upgrade
Operating Margin	5.58%	7.15%	-44.16%	-83.55%	-306.53%	22.38%	Upgrade
Profit Margin	1.68%	17.74%	7.25%	58.98%	-262.23%	17.98%	Upgrade
Free Cash Flow Margin	54.73%	131.30%	-117.39%	-175.96%	-287.92%	-124.55%	Upgrade
EBITDA	3,990,231	3,970,933	-1,889,167	-3,646,711	-8,530,439	218,723	Upgrade
EBITDA Margin	29.39%	27.62%	-20.41%	-50.84%	-236.51%	32.91%	Upgrade
D&A For EBITDA	3,232,584	2,942,395	2,197,616	2,345,754	2,525,447	69,970	Upgrade
EBIT	757,647	1,028,538	-4,086,783	-5,992,465	-11,055,886	148,753	Upgrade
EBIT Margin	5.58%	7.15%	-44.16%	-83.55%	-	22.38%	Upgrade
Effective Tax Rate	44.85%	13.27%	12.49%	0.38%	-	9.68%	Upgrade
Revenue as Reported	13,577,224	14,376,149	9,254,103	7,172,730	3,606,805	664,708	Upgrade

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