Advanced Info Service Public Company Limited (AVIFY)

AVIFY Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	221,299	213,569	188,873	185,485	181,333	172,890
Revenue Growth (YoY)	9.55%	13.08%	1.83%	2.29%	4.88%	-4.42%
Cost of Revenue	137,641	135,394	125,387	126,172	121,453	110,848
Gross Profit	83,658	78,175	63,486	59,313	59,880	62,042
Selling, General & Admin	28,342	27,791	22,978	22,550	21,846	24,499
Operating Expenses	28,342	27,791	22,978	22,550	21,846	24,499
Operating Income	55,315	50,384	40,508	36,763	38,034	37,543
Interest Expense	-8,467	-9,072	-6,006	-5,149	-5,541	-5,832
Interest & Investment Income	325.81	242.7	159.83	126.47	217.44	319.97
Earnings From Equity Investments	1,057	1,052	168.16	-36.22	-140.73	-70.31
Currency Exchange Gain (Loss)	940.25	285.64	326.86	-343.57	-1,489	140.2
Other Non Operating Income (Expenses)	-332.36	176.36	841.33	821.16	1,813	424.69
EBT Excluding Unusual Items	48,840	43,069	35,998	32,182	32,894	32,526
Pretax Income	48,840	43,069	35,998	32,182	32,894	32,526
Income Tax Expense	9,226	7,992	6,909	6,168	5,970	5,089
Earnings From Continuing Operations	39,613	35,077	29,089	26,014	26,924	27,437
Minority Interest in Earnings	-0.82	-1.84	-2.83	-2.62	-2.32	-2.89
Net Income	39,612	35,075	29,086	26,011	26,922	27,434
Net Income to Common	39,612	35,075	29,086	26,011	26,922	27,434
Net Income Growth	23.11%	20.59%	11.82%	-3.38%	-1.87%	-12.04%
Shares Outstanding (Basic)	2,975	2,974	2,974	2,974	2,974	2,973
Shares Outstanding (Diluted)	2,975	2,974	2,974	2,974	2,974	2,974
Shares Change (YoY)	0.04%	-	-	-	-	0.03%
EPS (Basic)	13.31	11.79	9.78	8.75	9.05	9.23
EPS (Diluted)	13.31	11.79	9.78	8.75	9.05	9.23
EPS Growth	23.02%	20.55%	11.82%	-3.36%	-1.93%	-12.03%
Free Cash Flow	93,393	91,360	50,553	49,086	60,848	57,573
Free Cash Flow Per Share	31.39	30.72	17.00	16.50	20.46	19.36
Dividend Per Share	12.630	10.610	8.610	7.690	7.690	6.920
Dividend Growth	33.23%	23.23%	11.96%	-	11.13%	-5.72%
Gross Margin	37.80%	36.60%	33.61%	31.98%	33.02%	35.88%
Operating Margin	25.00%	23.59%	21.45%	19.82%	20.97%	21.71%
Profit Margin	17.90%	16.42%	15.40%	14.02%	14.85%	15.87%
Free Cash Flow Margin	42.20%	42.78%	26.77%	26.46%	33.56%	33.30%
EBITDA	94,478	89,993	76,916	74,208	76,841	75,413
EBITDA Margin	42.69%	42.14%	40.72%	40.01%	42.38%	43.62%
D&A For EBITDA	39,163	39,609	36,408	37,445	38,807	37,870
EBIT	55,315	50,384	40,508	36,763	38,034	37,543
EBIT Margin	25.00%	23.59%	21.45%	19.82%	20.97%	21.71%
Effective Tax Rate	18.89%	18.56%	19.19%	19.17%	18.15%	15.65%
Revenue as Reported	221,299	213,569	188,873	185,485	181,333	172,890

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.