Financial Highlights

TOTAL REVENUE

Unit: THB mn

FY 2024 Operating Revenue Contribution*

* TNLX's performance has been reclassified and is presented separately from normal operating results as net profit from discontinued operations from 2023 onwards.

NET PROFIT AND NET PROFIT MARGIN

Unit: THB mn

FY 2024 Net Profit Contribution*

* TNLX's performance has been reclassified and is presented separately from normal operating results as net profit from discontinued operations from 2023 onwards.

Financial Position - Balance Sheet

Unit: THB mn

D/E Ratio

Unit : THB mn

KEY FINANCIAL RATIOS 2021 2022 2023 2024
Profitability ratios (%)
Cost to income ratio1 79.01% 29.01% 20.96% 28.13%
Net profit margin 4.38% 5.70% 45.52% 35.80%
Liquidity ratio (times)
Current ratio (times) 7.48x 1.87x 6.41x 4.00x
Leverage (times)
Interest bearing debt to equity2,3 0.00x 0.41x 0.20x 0.27x
Interest coverage ratio (ICR) 177.22x 29.58x 8.95x 5.26x
Debt service coverage ratio (DSCR) 28.69x 0.07x 1.31x 0.62x
Interest bearing debt/EBITDA 0.11x 14.43x 2.89x 4.29x

(1) Cost to income ratio is calculated by dividing SG&A expenses with total revenue, net of finance cost.

(2) Excluding lease liabilities.

(3) As per the financial covenant outlined in the bond’s T&C.