HOSE:VSC 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	2,972,989	2,787,913	2,180,945	2,007,397	1,892,131	1,688,865	Upgrade
Revenue Growth (YoY)	19.54%	27.83%	8.64%	6.09%	12.04%	-5.79%	Upgrade
Cost of Revenue	2,082,287	1,953,430	1,526,506	1,348,669	1,289,742	1,239,556	Upgrade
Gross Profit	890,703	834,483	654,439	658,729	602,389	449,309	Upgrade
Selling, General & Admin	405,092	335,401	226,950	184,585	129,439	129,335	Upgrade
Operating Expenses	405,092	335,401	226,950	184,585	129,439	129,335	Upgrade
Operating Income	485,611	499,083	427,490	474,144	472,949	319,974	Upgrade
Interest Expense	-151,780	-167,149	-170,447	-1,105	-	-341.03	Upgrade
Interest & Investment Income	102,395	30,826	28,617	27,353	11,232	10,825	Upgrade
Earnings From Equity Investments	5,254	-3,532	-17,960	-19,723	4,441	2,159	Upgrade
Currency Exchange Gain (Loss)	-	-	-	-3,915	-	-	Upgrade
Other Non Operating Income (Expenses)	22,234	-4,500	-2,570	889.4	-6,640	2,209	Upgrade
EBT Excluding Unusual Items	463,715	354,727	265,131	477,644	481,983	334,826	Upgrade
Gain (Loss) on Sale of Investments	177,919	177,919	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-731.68	708.76	1,060	Upgrade
Other Unusual Items	-8,069	-8,069	-	-	-	-	Upgrade
Pretax Income	633,565	524,578	265,131	476,913	482,691	335,886	Upgrade
Income Tax Expense	100,611	90,039	66,109	83,774	68,889	39,481	Upgrade
Earnings From Continuing Operations	532,954	434,539	199,022	393,139	413,803	296,404	Upgrade
Minority Interest in Earnings	-112,720	-98,379	-75,399	-78,846	-63,858	-56,698	Upgrade
Net Income	420,234	336,160	123,623	314,294	349,945	239,706	Upgrade
Preferred Dividends & Other Adjustments	-	-	25,000	28,000	23,000	24,000	Upgrade
Net Income to Common	420,234	336,160	98,623	286,294	326,945	215,706	Upgrade
Net Income Growth	124.01%	171.92%	-60.67%	-10.19%	45.99%	2.45%	Upgrade
Shares Outstanding (Basic)	374	302	179	173	90	90	Upgrade
Shares Outstanding (Diluted)	374	302	179	173	90	90	Upgrade
Shares Change (YoY)	4.43%	68.30%	3.84%	92.60%	-0.00%	-	Upgrade
EPS (Basic)	1122.51	1114.27	550.20	1658.50	3647.89	2406.73	Upgrade
EPS (Diluted)	1122.51	1114.27	550.20	1658.50	3647.86	2406.61	Upgrade
EPS Growth	147.50%	102.52%	-66.83%	-54.53%	51.58%	2.24%	Upgrade
Free Cash Flow	-698,972	-989.81	637,059	334,382	552,338	434,323	Upgrade
Free Cash Flow Per Share	-1867.06	-3.28	3554.02	1937.08	6162.72	4845.93	Upgrade
Dividend Per Share	400.000	400.000	-	-	-	1230.060	Upgrade
Gross Margin	29.96%	29.93%	30.01%	32.81%	31.84%	26.60%	Upgrade
Operating Margin	16.33%	17.90%	19.60%	23.62%	25.00%	18.95%	Upgrade
Profit Margin	14.13%	12.06%	4.52%	14.26%	17.28%	12.77%	Upgrade
Free Cash Flow Margin	-23.51%	-0.04%	29.21%	16.66%	29.19%	25.72%	Upgrade
EBITDA	832,997	730,439	620,857	675,671	673,384	553,205	Upgrade
EBITDA Margin	28.02%	26.20%	28.47%	33.66%	35.59%	32.76%	Upgrade
D&A For EBITDA	347,386	231,357	193,368	201,527	200,434	233,231	Upgrade
EBIT	485,611	499,083	427,490	474,144	472,949	319,974	Upgrade
EBIT Margin	16.33%	17.90%	19.60%	23.62%	25.00%	18.95%	Upgrade
Effective Tax Rate	15.88%	17.16%	24.93%	17.57%	14.27%	11.75%	Upgrade
Revenue as Reported	2,787,913	2,787,913	2,180,945	2,007,397	1,892,131	1,688,865	Upgrade
Advertising Expenses	-	38,619	8,413	-	-	-	Upgrade

Updated Jan 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.