X20 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 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,230,010	1,301,770	1,034,395	1,143,871	963,557	774,931
Revenue Growth (YoY)	11.13%	25.85%	-9.57%	18.71%	24.34%	-
Cost of Revenue	996,630	1,062,229	863,918	958,596	791,851	625,576
Gross Profit	233,381	239,541	170,477	185,275	171,706	149,354
Selling, General & Admin	179,322	184,748	146,207	157,391	144,423	123,649
Operating Expenses	179,322	184,748	146,207	157,391	144,423	123,649
Operating Income	54,059	54,793	24,270	27,883	27,282	25,705
Interest Expense	-181.21	-0.49	-25.98	-883.61	-1,721	-4,102
Interest & Investment Income	2,575	1,574	2,941	2,020	992.64	344.14
Earnings From Equity Investments	670.1	623.8	502.53	270.7	341.81	206.34
Currency Exchange Gain (Loss)	583.74	609.27	245.87	-	-	-
Other Non Operating Income (Expenses)	928.99	-288.78	-1,064	-991.97	-2,700	-647.57
EBT Excluding Unusual Items	58,636	57,311	26,869	28,298	24,196	21,506
Gain (Loss) on Sale of Assets	318.62	244.62	74.29	-	-	-
Pretax Income	58,955	57,556	26,944	28,298	24,196	21,506
Income Tax Expense	10,158	12,332	6,563	6,136	5,633	5,189
Net Income	48,796	45,224	20,380	22,162	18,563	16,317
Preferred Dividends & Other Adjustments	506.01	506.01	4,458	-	-	-
Net Income to Common	48,290	44,718	15,922	22,162	18,563	16,317
Net Income Growth	140.00%	121.90%	-8.04%	19.39%	13.77%	-
Shares Outstanding (Basic)	17	17	17	-	-	-
Shares Outstanding (Diluted)	17	17	17	-	-	-
EPS (Basic)	2799.45	2592.33	923.04	-	-	-
EPS (Diluted)	2799.45	2592.33	923.04	-	-	-
EPS Growth	204.01%	180.85%	-	-	-	-
Free Cash Flow	12,067	171,005	-54,710	12,610	89,328	109,994
Free Cash Flow Per Share	699.53	9913.31	-3171.60	-	-	-
Dividend Per Share	-	-	600.000	-	-	-
Gross Margin	18.97%	18.40%	16.48%	16.20%	17.82%	19.27%
Operating Margin	4.40%	4.21%	2.35%	2.44%	2.83%	3.32%
Profit Margin	3.93%	3.44%	1.54%	1.94%	1.93%	2.11%
Free Cash Flow Margin	0.98%	13.14%	-5.29%	1.10%	9.27%	14.19%
EBITDA	84,690	88,404	54,066	58,269	64,596	54,213
EBITDA Margin	6.88%	6.79%	5.23%	5.09%	6.70%	7.00%
D&A For EBITDA	30,631	33,611	29,796	30,386	37,314	28,507
EBIT	54,059	54,793	24,270	27,883	27,282	25,705
EBIT Margin	4.40%	4.21%	2.35%	2.44%	2.83%	3.32%
Effective Tax Rate	17.23%	21.43%	24.36%	21.68%	23.28%	24.13%
Revenue as Reported	1,230,010	1,301,770	1,034,395	1,143,871	963,557	774,931

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