DNSE Securities JSC Income Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Total Interest Expense	66,827	28,040	22,102
Net Interest Income	-66,827	-28,040	-22,102
Brokerage Commission	404,020	144,839	67,645
Trading & Principal Transactions	-502.65	-60.49	-122.29
Asset Management Fee	7,932	5,647	4,207
Underwriting & Investment Banking Fee	2,918	-	100
Gain on Sale of Investments (Rev)	475,300	292,899	353,835
Other Revenue	567,742	364,027	288,726
Revenue Before Loan Losses	1,390,583	779,312	692,289
Provision for Loan Losses	11,957	-2,394	4,971
Revenue	1,378,626	781,706	687,318
Revenue Growth (YoY)	76.36%	13.73%	-
Cost of Services Provided	660,851	340,186	212,990
Other Operating Expenses	360,846	192,447	207,427
Total Operating Expenses	1,021,697	532,633	420,417
Operating Income	356,929	249,073	266,902
Currency Exchange Gains	-	600	0.32
Other Non-Operating Income (Expenses)	8,506	18,906	18,560
EBT Excluding Unusual Items	365,434	268,579	285,462
Gain (Loss) on Sale of Investments	-25,209	-41,078	174.28
Pretax Income	340,225	227,501	285,636
Income Tax Expense	67,695	45,731	56,652
Net Income	272,530	181,771	228,984
Net Income to Common	272,530	181,771	228,984
Net Income Growth	49.93%	-20.62%	-
Shares Outstanding (Basic)	343	327	300
Shares Outstanding (Diluted)	343	327	300
Shares Change (YoY)	4.81%	8.96%	-
EPS (Basic)	795.47	556.07	763.28
EPS (Diluted)	795.47	556.07	763.28
EPS Growth	43.05%	-27.15%	-
Free Cash Flow	-4,679,199	-2,804,566	-777,322
Free Cash Flow Per Share	-13657.91	-8579.67	-2591.07
Dividend Per Share	700.000	500.000	-
Dividend Growth	40.00%	-	-
Operating Margin	25.89%	31.86%	38.83%
Profit Margin	19.77%	23.25%	33.32%
Free Cash Flow Margin	-339.41%	-358.78%	-113.09%
Effective Tax Rate	19.90%	20.10%	19.83%
Revenue as Reported	1,457,912	807,412	714,514

Source: S&P Capital IQ. Capital Markets template. Financial Sources.