Southern Seed 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	336,247	388,063	301,972	300,268	310,442	450,502	Upgrade
Revenue Growth (YoY)	-3.25%	28.51%	0.57%	-3.28%	-31.09%	-26.33%	Upgrade
Cost of Revenue	239,961	276,875	203,165	184,404	201,399	349,110	Upgrade
Gross Profit	96,286	111,188	98,807	115,864	109,043	101,392	Upgrade
Selling, General & Admin	63,482	66,851	64,322	66,093	59,506	57,827	Upgrade
Operating Expenses	63,482	66,851	64,322	66,093	59,506	57,827	Upgrade
Operating Income	32,804	44,337	34,485	49,771	49,537	43,565	Upgrade
Interest Expense	-3,608	-2,714	-487.83	-	-	-99.02	Upgrade
Interest & Investment Income	6,674	7,246	8,448	6,654	4,653	4,651	Upgrade
Earnings From Equity Investments	-	-	9,900	-	9,900	-	Upgrade
Currency Exchange Gain (Loss)	-3.43	-41.07	-57.45	1.66	1.6	5.69	Upgrade
Other Non Operating Income (Expenses)	2,978	4,423	3,980	6,782	-420.79	2,815	Upgrade
EBT Excluding Unusual Items	38,844	53,251	56,267	63,208	63,671	50,937	Upgrade
Gain (Loss) on Sale of Assets	747.74	747.74	11,454	531.36	-	-	Upgrade
Other Unusual Items	-	-	-	-	2,240	-	Upgrade
Pretax Income	39,592	53,999	67,721	63,740	65,911	50,937	Upgrade
Income Tax Expense	8,561	11,480	13,015	13,075	11,464	10,857	Upgrade
Earnings From Continuing Operations	31,031	42,519	54,706	50,665	54,447	40,080	Upgrade
Net Income	31,031	42,519	54,706	50,665	54,447	40,080	Upgrade
Preferred Dividends & Other Adjustments	2,339	2,339	5,240	4,053	4,356	3,206	Upgrade
Net Income to Common	28,692	40,180	49,467	46,612	50,091	36,874	Upgrade
Net Income Growth	-45.61%	-22.28%	7.98%	-6.95%	35.84%	-45.72%	Upgrade
Shares Outstanding (Basic)	13	13	13	13	13	13	Upgrade
Shares Outstanding (Diluted)	13	13	13	13	13	13	Upgrade
Shares Change (YoY)	-	-	-	-	-	-0.95%	Upgrade
EPS (Basic)	2161.91	3027.51	3727.22	3512.10	3774.25	2778.35	Upgrade
EPS (Diluted)	2161.91	3027.51	3727.22	3512.00	3774.00	2778.00	Upgrade
EPS Growth	-44.62%	-18.77%	6.13%	-6.94%	35.85%	-45.20%	Upgrade
Free Cash Flow	-40,758	-60,627	43,940	20,743	53,376	46,762	Upgrade
Free Cash Flow Per Share	-3071.04	-4568.10	3310.78	1562.95	4021.74	3523.39	Upgrade
Dividend Per Share	-	-	-	3000.000	3000.000	1500.000	Upgrade
Dividend Growth	-	-	-	-	100.00%	-25.00%	Upgrade
Gross Margin	28.64%	28.65%	32.72%	38.59%	35.13%	22.51%	Upgrade
Operating Margin	9.76%	11.43%	11.42%	16.57%	15.96%	9.67%	Upgrade
Profit Margin	8.53%	10.35%	16.38%	15.52%	16.13%	8.19%	Upgrade
Free Cash Flow Margin	-12.12%	-15.62%	14.55%	6.91%	17.19%	10.38%	Upgrade
EBITDA	45,194	57,572	46,549	59,282	59,501	55,226	Upgrade
EBITDA Margin	13.44%	14.84%	15.42%	19.74%	19.17%	12.26%	Upgrade
D&A For EBITDA	12,390	13,235	12,064	9,511	9,964	11,662	Upgrade
EBIT	32,804	44,337	34,485	49,771	49,537	43,565	Upgrade
EBIT Margin	9.76%	11.43%	11.42%	16.57%	15.96%	9.67%	Upgrade
Effective Tax Rate	21.62%	21.26%	19.22%	20.51%	17.39%	21.32%	Upgrade
Revenue as Reported	336,247	388,063	301,972	300,268	310,442	450,502	Upgrade

Updated Jan 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.