Gemadept 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	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	5,449,493	4,832,025	3,845,826	3,898,244	3,206,290	2,605,666	Upgrade
Revenue Growth (YoY)	30.12%	25.64%	-1.34%	21.58%	23.05%	-1.41%	Upgrade
Cost of Revenue	3,058,032	2,696,544	2,067,811	2,180,183	2,064,489	1,656,082	Upgrade
Gross Profit	2,391,460	2,135,480	1,778,015	1,718,061	1,141,801	949,585	Upgrade
Selling, General & Admin	875,103	822,039	661,486	666,614	448,931	478,830	Upgrade
Operating Expenses	875,103	822,039	661,486	666,614	448,931	478,830	Upgrade
Operating Income	1,516,357	1,313,442	1,116,529	1,051,447	692,870	470,755	Upgrade
Interest Expense	-117,083	-139,488	-134,993	-130,757	-119,253	-146,595	Upgrade
Interest & Investment Income	136,609	81,374	76,669	10,850	8,661	8,800	Upgrade
Earnings From Equity Investments	1,016,402	829,308	274,235	399,148	236,914	157,111	Upgrade
Currency Exchange Gain (Loss)	6,809	4,898	10,506	-10,634	4,501	-8,373	Upgrade
Other Non Operating Income (Expenses)	-436,548	-347,245	27,251	20,080	-72,255	7,972	Upgrade
EBT Excluding Unusual Items	2,122,546	1,742,290	1,370,195	1,340,134	751,437	489,671	Upgrade
Gain (Loss) on Sale of Investments	4,753	349,145	1,835,039	-10,764	37,548	15,984	Upgrade
Gain (Loss) on Sale of Assets	4,081	7,155	21,529	2,443	17,227	6,901	Upgrade
Pretax Income	2,131,379	2,098,590	3,226,763	1,331,814	806,212	512,556	Upgrade
Income Tax Expense	199,672	175,007	692,829	170,520	85,650	72,080	Upgrade
Earnings From Continuing Operations	1,931,708	1,923,583	2,533,934	1,161,294	720,562	440,476	Upgrade
Minority Interest in Earnings	-540,404	-468,104	-283,357	-167,378	-108,380	-69,544	Upgrade
Net Income	1,391,304	1,455,480	2,250,577	993,916	612,182	370,932	Upgrade
Preferred Dividends & Other Adjustments	111,874	91,219	66,267	79,513	48,975	29,675	Upgrade
Net Income to Common	1,279,429	1,364,260	2,184,310	914,402	563,208	341,257	Upgrade
Net Income Growth	8.04%	-35.33%	126.44%	62.36%	65.04%	-28.26%	Upgrade
Shares Outstanding (Basic)	374	319	303	301	301	297	Upgrade
Shares Outstanding (Diluted)	374	319	303	301	301	297	Upgrade
Shares Change (YoY)	18.38%	5.27%	0.56%	-	1.48%	0.02%	Upgrade
EPS (Basic)	3420.71	4276.08	7207.03	3034.07	1868.77	1149.09	Upgrade
EPS (Diluted)	3420.71	4276.00	7207.00	3034.00	1868.77	1149.00	Upgrade
EPS Growth	-12.16%	-40.67%	137.54%	62.35%	62.64%	-28.28%	Upgrade
Free Cash Flow	592,089	46,891	-1,180,090	933,551	378,651	439,664	Upgrade
Free Cash Flow Per Share	1583.02	146.97	-3893.65	3097.61	1256.40	1480.44	Upgrade
Dividend Per Share	-	-	2200.000	2000.000	1200.000	1200.000	Upgrade
Dividend Growth	-	-	10.00%	66.67%	-	20.00%	Upgrade
Gross Margin	43.88%	44.19%	46.23%	44.07%	35.61%	36.44%	Upgrade
Operating Margin	27.83%	27.18%	29.03%	26.97%	21.61%	18.07%	Upgrade
Profit Margin	23.48%	28.23%	56.80%	23.46%	17.57%	13.10%	Upgrade
Free Cash Flow Margin	10.87%	0.97%	-30.69%	23.95%	11.81%	16.87%	Upgrade
EBITDA	1,900,474	1,713,219	1,512,947	1,444,632	1,072,416	878,584	Upgrade
EBITDA Margin	34.87%	35.45%	39.34%	37.06%	33.45%	33.72%	Upgrade
D&A For EBITDA	384,116	399,777	396,418	393,185	379,546	407,829	Upgrade
EBIT	1,516,357	1,313,442	1,116,529	1,051,447	692,870	470,755	Upgrade
EBIT Margin	27.83%	27.18%	29.03%	26.97%	21.61%	18.07%	Upgrade
Effective Tax Rate	9.37%	8.34%	21.47%	12.80%	10.62%	14.06%	Upgrade
Revenue as Reported	5,449,493	4,832,025	3,845,826	3,898,244	3,206,290	2,605,666	Upgrade

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.