Also trades as: IVL.BK (SET) · $vol 28M · INDOY (OTC) · $vol 0M · I93.F (FSX) · $vol 0M

฿27.25 ($0.81)

+0.25 (+0.93%)

Weekly Expected Move ±7.5%

฿23 ฿25 ฿27 ฿29 ฿31

SET · Basic Materials · Chemicals · Tech Score Neutral · Power 54 · ฿153.0B mcap · 1.83B float · 1.89% daily turnover

Revenue

$447.2B -17.4% ▼

5Y CAGR: +6.2%

Gross Profit

$49.8B -33.8% ▼

5Y CAGR: +2.7%

Operating Income

-$1.1B +82.1% ▲

Net Income

-$7.3B +61.9% ▲

EPS (Diluted)

$-1.47 +59.7% ▲

EBITDA

$24.4B +10.2% ▲

5Y CAGR: -3.7%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$468.1B	$656.3B	$544.3B	$541.6B	$447.2B
YoY Growth	+41.2%	+40.2%	-17.1%	-0.5%	-17.4%
Cost of Revenue	$383.1B	$542.2B	$476.0B	$466.3B	$397.4B
Gross Profit	$85.0B	$114.0B	$68.3B	$75.3B	$49.8B
Gross Margin	18.2%	17.4%	12.5%	13.9%	11.1%
R&D Expenses	$116M	$122M	$39M	$0	$0
SG&A Expenses	$45.0B	$60.4B	$58.7B	$62.2B	$50.9B
Operating Expenses	$47.4B	$62.9B	$67.7B	$81.4B	$50.9B
Operating Income	$42.1B	$49.7B	$573M	-$6.1B	-$1.1B
Operating Margin	9.0%	7.6%	0.1%	-1.1%	-0.2%
Interest Expense	$7.1B	$10.5B	$15.4B	$17.2B	$15.5B
Income Before Tax	$35.0B	$40.1B	-$13.6B	-$23.0B	-$8.0B
Tax Expense	$6.7B	$5.8B	-$2.7B	-$3.9B	-$1.1B
Net Income	$26.3B	$31.0B	-$10.8B	-$19.3B	-$7.3B
Net Margin	5.6%	4.7%	-2.0%	-3.6%	-1.6%
EPS (Diluted)	$4.55	$5.39	$-2.06	$-3.65	$-1.47
EBITDA	$63.7B	$76.3B	$29.5B	$22.2B	$24.4B
Shares Outstanding	5.61B	5.61B	5.61B	5.61B	5.61B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$137.4B	$122.1B	$118.4B	$117.6B	$109.2B	$102.1B	$109.4B	$136.0B
Cost of Revenue	$118.1B	$105.2B	$103.8B	$102.7B	$97.4B	$93.5B	$96.5B	$109.9B
Gross Profit	$19.4B	$16.9B	$14.7B	$14.9B	$11.7B	$8.6B	$12.9B	$26.2B
Gross Margin	14.1%	13.8%	12.4%	12.7%	10.7%	8.4%	11.8%	19.2%
R&D Expenses	$0	$50M	$0	$0	$0	$0	$0	$0
SG&A Expenses	$14.4B	$12.9B	$13.1B	$13.3B	$12.4B	$12.0B	$12.7B	$14.4B
Operating Expenses	$13.2B	$10.5B	$11.9B	$11.5B	$10.1B	$17.4B	$12.7B	$14.4B
Operating Income	$6.1B	$6.3B	$2.7B	$3.4B	$1.6B	-$8.8B	$172M	$11.8B
Operating Margin	4.5%	5.2%	2.3%	2.9%	1.5%	-8.7%	0.2%	8.7%
Interest Expense	$4.1B	$4.2B	$3.9B	$3.8B	$3.9B	$3.9B	$3.3B	$3.5B
Income Before Tax	$2.1B	$2.0B	-$933M	-$138M	-$2.1B	-$4.9B	-$2.4B	$8.8B
Tax Expense	$636M	$932M	$270M	$148M	-$1.3B	-$196M	-$12M	$2.3B
Net Income	$1.5B	$1.1B	-$1.3B	-$521M	-$818M	-$4.7B	-$2.8B	$6.0B
Net Margin	1.1%	0.9%	-1.1%	-0.4%	-0.7%	-4.6%	-2.6%	4.4%
EPS (Diluted)	$0.20	$0.12	$-0.27	$-0.13	$-0.19	$-0.88	$-0.54	$1.02
EBITDA	$13.1B	$12.8B	$9.3B	$9.9B	$8.3B	-$3.0B	$7.3B	$18.4B
Shares Outstanding	5.61B	5.61B	5.61B	5.61B	5.61B	5.61B	5.61B	5.61B

IVL-R.BK SET