Financial Highlights
4Q2024 Performance Results
Sales 690.8 Million Baht
Sales Breakdown by Brands1
EBITDA 102.1 Million Baht
Gross Profit 303.1 Million Baht
Net Profit2 60.7 Million Baht
Note:
1 Ratio was calculated from sales by brands to sales
2 Excluded expenses related to raw material cost fluctuations, natural disasters, marketing for the Brand Admirer campaign, pre-opening costs for new store openings, and the company's initial public offering (IPO), totaling THB 21.5 million.
Unit: Million Baht
| 2022 | 2023 | 2024 | 4Q2024 | |
|---|---|---|---|---|
| Income Statement | ||||
| Sales | 1,210.4 | 1,712.8 | 2,421.1 | 690.8 |
| Total revenues | 1,214.9 | 1,716.8 | 2,444.1 | 697.1 |
| Gross profit | 518.3 | 773.4 | 1,077.8 | 303.1 |
| EBITDA | 176.0 | 334.3 | 445.4 | 102.1 |
| EBIT | 60.6 | 191.4 | 269.6 | 52.8 |
| Net profit | 38.3 | 140.6 | 201.7 | 39.3 |
| Net Profit1 (Excluded one-time items) | 38.3 | 140.6 | 223.2 | 60.7 |
| Financial Position | ||||
| Assets | 1,003.6 | 1,349.9 | 2,690.8 | 2,690.8 |
| Liabilities | 557.3 | 772.0 | 951.7 | 951.7 |
| Equity | 446.3 | 577.9 | 1,739.0 | 1,739.0 |
| Key financial ratios | ||||
| Gross profit as % to sales | 42.8% | 45.2% | 44.5% | 43.9% |
| SG&A as % to sales | 38.2% | 34.2% | 34.3% | 37.1% |
| EBITDA margin as % to total revenues | 14.5% | 19.5% | 18.2% | 14.6% |
| EBIT margin as % to total revenues | 5.0% | 11.2% | 11.0% | 7.6% |
| Net profit1 margin as % total revenues | 3.2% | 8.2% | 9.1% | 8.7% |
| ROA (%) | 6.3% | 16.3% | 13.3% | 13.3% |
| ROE (%) | 8.6% | 24.3% | 11.6% | 11.6% |
| Debt to equity ratio (time) | 1.3 | 1.3 | 0.6 | 0.6 |
| Interest bearing debt to equity (time) | 0.4 | 0.3 | 0.1 | 0.1 |
Remark:
1 Excluded expenses related to raw material cost fluctuations, natural disasters, marketing for the Brand Admirer campaign, pre-opening costs for new store openings, and the company's initial public offering (IPO), totaling THB 21.5 million.