Also trades as: TAWNF (OTC) · $vol 0M

฿5.75 ($0.17)

+0.10 (+1.77%)

Weekly Expected Move ±4.3%

฿5 ฿5 ฿6 ฿6 ฿6

SET · Industrials · Airlines, Airports & Air Services · Tech Score Sell · Power 46 · ฿161.3B mcap · 6.51B float · 2.05% daily turnover

Analysis Technicals Weather Peers

Revenue

$183.4B -2.0% ▼

5Y CAGR: +30.9%

Gross Profit

$53.4B -9.7% ▼

Operating Income

$43.3B +655.7% ▲

Net Income

$30.9B +214.8% ▲

EPS (Diluted)

$1.09 +117.4% ▲

EBITDA

$57.3B +984.2% ▲

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$21.6B	$103.9B	$157.4B	$187.2B	$183.4B
YoY Growth	-54.8%	+381.5%	+51.6%	+18.9%	-2.0%
Cost of Revenue	$35.4B	$87.3B	$107.8B	$128.1B	$130.0B
Gross Profit	-$13.8B	$16.5B	$49.7B	$59.1B	$53.4B
Gross Margin	-64.0%	15.9%	31.5%	31.6%	29.1%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$837M	$4.7B	$7.2B	$9.2B	$10.1B
Operating Expenses	$5.1B	$9.6B	$7.2B	$66.9B	$10.1B
Operating Income	$61.8B	$7.4B	$42.5B	-$7.8B	$43.3B
Operating Margin	286.4%	7.2%	27.0%	-4.2%	23.6%
Interest Expense	$9.5B	$12.7B	$15.6B	$18.8B	$13.2B
Income Before Tax	$52.3B	-$1.7B	$26.7B	-$26.5B	$28.5B
Tax Expense	-$2.8B	-$1.4B	-$1.3B	$374M	-$2.5B
Net Income	$55.1B	-$252M	$28.1B	-$26.9B	$30.9B
Net Margin	255.5%	-0.2%	17.8%	-14.4%	16.9%
EPS (Diluted)	$25.25	$-0.12	$12.87	$-6.26	$1.09
EBITDA	$74.5B	$20.9B	$53.8B	$5.3B	$57.3B
Shares Outstanding	2.18B	2.18B	2.18B	4.31B	28.30B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$44.5B	$50.8B	$50.3B	$43.3B	$42.9B	$46.9B	$49.7B	$47.1B
Cost of Revenue	$33.6B	$30.4B	$32.7B	$30.3B	$30.7B	$36.3B	$32.7B	$40.2B
Gross Profit	$10.9B	$20.4B	$17.5B	$13.1B	$12.2B	$10.6B	$17.0B	$6.9B
Gross Margin	24.5%	40.1%	34.9%	30.1%	28.4%	22.6%	34.1%	14.7%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$2.6B	$2.2B	$2.4B	$2.2B	$2.5B	$3.0B	$2.5B	$2.6B
Operating Expenses	-$6.5B	$57.5B	$4.1B	-$2.5B	$2.5B	$3.0B	$4.5B	$2.6B
Operating Income	$17.3B	-$37.2B	$13.4B	$15.5B	$7.6B	$7.6B	$12.4B	$4.3B
Operating Margin	39.0%	-73.2%	26.7%	35.8%	17.7%	16.1%	25.0%	9.1%
Interest Expense	$4.8B	$4.5B	$3.5B	$3.4B	$3.1B	$3.1B	$3.0B	$3.2B
Income Before Tax	$12.5B	-$41.8B	$9.8B	$12.1B	$4.4B	$2.1B	$11.8B	$861M
Tax Expense	-$1M	$363M	$1M	$825K	$6M	-$2.5B	$1.7B	-$676M
Net Income	$12.5B	-$42.1B	$9.8B	$12.1B	$4.4B	$4.5B	$10.1B	$1.5B
Net Margin	28.0%	-83.0%	19.6%	28.0%	10.3%	9.7%	20.3%	3.2%
EPS (Diluted)	$5.72	$-13.22	$2.28	$0.43	$0.16	$0.16	$0.36	$0.05
EBITDA	$20.6B	-$33.7B	$16.4B	$18.8B	$11.4B	$11.4B	$18.6B	$8.4B
Shares Outstanding	2.18B	3.19B	4.31B	28.30B	28.30B	28.30B	28.30B	28.30B

THAI.BK SET