Indo Thai Securities Ltd
NSE:INDOTHAI
Income Statement
Earnings Waterfall
Indo Thai Securities Ltd
Income Statement
Indo Thai Securities Ltd
| Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
1
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
30
N/A
|
38
+28%
|
44
+17%
|
60
+37%
|
73
+21%
|
71
-3%
|
70
-2%
|
63
-9%
|
94
+48%
|
127
+35%
|
188
+48%
|
299
+59%
|
309
+3%
|
296
-4%
|
320
+8%
|
240
-25%
|
273
+14%
|
398
+46%
|
386
-3%
|
398
+3%
|
461
+16%
|
408
-12%
|
441
+8%
|
511
+16%
|
484
-5%
|
502
+4%
|
531
+6%
|
419
-21%
|
311
-26%
|
210
-33%
|
85
-59%
|
78
-8%
|
88
+12%
|
85
-4%
|
(60)
N/A
|
91
N/A
|
84
-7%
|
75
-11%
|
67
-11%
|
65
-2%
|
64
-2%
|
71
+11%
|
75
+6%
|
75
+1%
|
77
+1%
|
75
-2%
|
76
+1%
|
87
+15%
|
106
+22%
|
117
+10%
|
313
+167%
|
135
-57%
|
138
+2%
|
149
+8%
|
263
+77%
|
197
-25%
|
220
+11%
|
245
+11%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3)
|
(13)
|
(32)
|
(40)
|
(78)
|
(89)
|
(74)
|
(85)
|
(82)
|
(109)
|
(174)
|
(266)
|
(304)
|
(299)
|
(304)
|
(242)
|
(261)
|
(359)
|
(393)
|
(393)
|
(439)
|
(417)
|
(402)
|
(467)
|
(438)
|
(349)
|
(399)
|
(287)
|
(180)
|
(152)
|
(10)
|
(10)
|
(9)
|
(9)
|
(10)
|
(10)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(18)
|
(21)
|
(21)
|
(23)
|
(22)
|
(24)
|
(31)
|
(34)
|
(38)
|
(37)
|
(33)
|
(35)
|
(40)
|
(51)
|
(55)
|
(57)
|
(57)
|
|
| Gross Profit |
27
N/A
|
25
-8%
|
12
-51%
|
20
+68%
|
(5)
N/A
|
(18)
-265%
|
(4)
+78%
|
(22)
-443%
|
11
N/A
|
18
+58%
|
14
-23%
|
33
+139%
|
5
-85%
|
(3)
N/A
|
16
N/A
|
(2)
N/A
|
13
N/A
|
40
+216%
|
(7)
N/A
|
5
N/A
|
23
+365%
|
(10)
N/A
|
39
N/A
|
45
+14%
|
46
+3%
|
153
+233%
|
132
-14%
|
132
+0%
|
131
-1%
|
57
-56%
|
76
+32%
|
69
-9%
|
79
+14%
|
75
-4%
|
(70)
N/A
|
81
N/A
|
72
-11%
|
63
-13%
|
54
-14%
|
52
-4%
|
50
-4%
|
53
+5%
|
54
+3%
|
55
+1%
|
54
-1%
|
53
-2%
|
52
-2%
|
56
+8%
|
72
+28%
|
79
+10%
|
276
+250%
|
101
-63%
|
102
+1%
|
109
+7%
|
212
+95%
|
143
-33%
|
163
+14%
|
188
+15%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(25)
|
(25)
|
(19)
|
(21)
|
(21)
|
(20)
|
(24)
|
(24)
|
(24)
|
(24)
|
(23)
|
(25)
|
(25)
|
(27)
|
(30)
|
(28)
|
(30)
|
(33)
|
(34)
|
(36)
|
(45)
|
(64)
|
(65)
|
(66)
|
(58)
|
(40)
|
(57)
|
(61)
|
(65)
|
(67)
|
(49)
|
(50)
|
(49)
|
(55)
|
(49)
|
(51)
|
(49)
|
(44)
|
(44)
|
(49)
|
(50)
|
(52)
|
(58)
|
(67)
|
(72)
|
(77)
|
(67)
|
(72)
|
(75)
|
(78)
|
(79)
|
(90)
|
(96)
|
(103)
|
(110)
|
(117)
|
(119)
|
(128)
|
|
| Selling, General & Administrative |
(12)
|
(11)
|
(11)
|
(10)
|
(11)
|
(12)
|
(13)
|
(11)
|
(11)
|
(11)
|
(22)
|
(13)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(17)
|
(18)
|
(14)
|
(19)
|
(19)
|
(20)
|
(24)
|
(20)
|
(21)
|
(20)
|
(22)
|
(21)
|
(20)
|
(22)
|
(21)
|
(22)
|
(25)
|
(31)
|
(35)
|
(40)
|
(44)
|
(65)
|
(42)
|
(43)
|
(43)
|
(76)
|
(49)
|
(55)
|
(60)
|
(99)
|
(65)
|
(65)
|
(70)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(4)
|
(6)
|
(7)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(4)
|
(8)
|
(8)
|
(8)
|
(4)
|
(7)
|
(7)
|
(7)
|
(3)
|
(6)
|
(6)
|
(5)
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
| Other Operating Expenses |
(12)
|
(13)
|
(7)
|
(10)
|
(9)
|
(7)
|
(10)
|
(11)
|
(11)
|
(11)
|
0
|
(11)
|
(11)
|
(11)
|
(14)
|
(13)
|
(15)
|
(15)
|
(15)
|
(15)
|
(23)
|
(42)
|
(43)
|
(43)
|
(35)
|
(16)
|
(33)
|
(40)
|
(40)
|
(42)
|
(24)
|
(20)
|
(22)
|
(27)
|
(24)
|
(21)
|
(21)
|
(16)
|
(18)
|
(20)
|
(21)
|
(21)
|
(24)
|
(26)
|
(27)
|
(28)
|
1
|
(25)
|
(27)
|
(30)
|
2
|
(35)
|
(36)
|
(38)
|
(5)
|
(47)
|
(48)
|
(52)
|
|
| Operating Income |
2
N/A
|
(0)
N/A
|
(7)
-3 200%
|
(1)
+88%
|
(26)
-3 125%
|
(38)
-47%
|
(28)
+26%
|
(45)
-61%
|
(12)
+73%
|
(6)
+52%
|
(9)
-50%
|
8
N/A
|
(20)
N/A
|
(29)
-44%
|
(14)
+52%
|
(31)
-123%
|
(18)
+42%
|
7
N/A
|
(41)
N/A
|
(31)
+23%
|
(23)
+27%
|
(74)
-225%
|
(27)
+64%
|
(22)
+19%
|
(11)
+47%
|
113
N/A
|
75
-34%
|
72
-4%
|
65
-9%
|
(10)
N/A
|
27
N/A
|
19
-28%
|
30
+54%
|
21
-31%
|
(119)
N/A
|
30
N/A
|
23
-23%
|
20
-16%
|
11
-46%
|
3
-70%
|
1
-84%
|
1
N/A
|
(4)
N/A
|
(12)
-222%
|
(19)
-56%
|
(25)
-32%
|
(15)
+39%
|
(16)
-8%
|
(3)
+80%
|
1
N/A
|
197
+13 857%
|
11
-94%
|
6
-47%
|
6
-4%
|
103
+1 689%
|
26
-75%
|
44
+72%
|
61
+38%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(4)
|
(3)
|
5
|
(2)
|
(3)
|
(3)
|
17
|
(3)
|
(4)
|
(5)
|
19
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(4)
|
(3)
|
(0)
|
(3)
|
(5)
|
(8)
|
(5)
|
(22)
|
29
|
(42)
|
(50)
|
(39)
|
(95)
|
(13)
|
(22)
|
(153)
|
(119)
|
(61)
|
141
|
208
|
225
|
155
|
112
|
(16)
|
21
|
29
|
(74)
|
26
|
(10)
|
46
|
0
|
193
|
197
|
150
|
4
|
109
|
233
|
430
|
|
| Non-Reccuring Items |
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
46
|
46
|
46
|
46
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
5
|
10
|
7
|
23
|
29
|
31
|
11
|
29
|
29
|
28
|
1
|
37
|
38
|
53
|
51
|
121
|
128
|
110
|
107
|
24
|
11
|
12
|
13
|
16
|
18
|
15
|
45
|
50
|
49
|
43
|
2
|
5
|
(2)
|
4
|
5
|
2
|
7
|
10
|
11
|
12
|
10
|
8
|
4
|
4
|
5
|
6
|
(0)
|
7
|
8
|
12
|
(1)
|
9
|
11
|
7
|
(3)
|
8
|
4
|
5
|
|
| Pre-Tax Income |
3
N/A
|
7
+97%
|
3
-51%
|
18
+445%
|
(1)
N/A
|
(12)
-1 120%
|
(1)
+95%
|
(20)
-3 167%
|
12
N/A
|
17
+37%
|
12
-29%
|
41
+251%
|
15
-64%
|
21
+44%
|
36
+68%
|
88
+143%
|
108
+23%
|
114
+6%
|
63
-45%
|
(12)
N/A
|
(16)
-36%
|
(65)
-306%
|
32
N/A
|
37
+16%
|
47
+28%
|
166
+250%
|
114
-31%
|
100
-12%
|
143
+44%
|
(8)
N/A
|
(18)
-120%
|
(16)
+12%
|
(67)
-332%
|
11
N/A
|
(136)
N/A
|
(121)
+11%
|
(89)
+27%
|
(32)
+64%
|
162
N/A
|
223
+38%
|
235
+5%
|
162
-31%
|
112
-31%
|
(24)
N/A
|
7
N/A
|
11
+51%
|
(90)
N/A
|
17
N/A
|
(5)
N/A
|
59
N/A
|
197
+234%
|
214
+9%
|
214
+0%
|
163
-24%
|
104
-36%
|
142
+37%
|
281
+97%
|
495
+76%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(4)
|
(1)
|
(6)
|
(1)
|
2
|
(0)
|
4
|
(2)
|
(3)
|
(3)
|
(9)
|
(4)
|
(7)
|
(6)
|
(0)
|
(4)
|
(1)
|
0
|
(2)
|
1
|
1
|
1
|
2
|
(4)
|
(28)
|
(27)
|
(28)
|
(32)
|
15
|
4
|
7
|
15
|
(15)
|
28
|
29
|
32
|
19
|
(38)
|
(44)
|
(58)
|
(39)
|
(15)
|
(7)
|
(5)
|
(7)
|
18
|
4
|
(0)
|
(7)
|
(44)
|
(42)
|
(40)
|
(33)
|
(25)
|
(27)
|
(67)
|
(121)
|
|
| Income from Continuing Operations |
1
|
3
|
2
|
12
|
(2)
|
(10)
|
(1)
|
(15)
|
10
|
14
|
9
|
32
|
11
|
14
|
30
|
87
|
103
|
114
|
63
|
(13)
|
(15)
|
(64)
|
33
|
39
|
44
|
138
|
87
|
72
|
111
|
7
|
(13)
|
(9)
|
(53)
|
(4)
|
(109)
|
(93)
|
(57)
|
(13)
|
124
|
179
|
177
|
124
|
97
|
(31)
|
3
|
4
|
(71)
|
21
|
(5)
|
51
|
153
|
172
|
174
|
129
|
79
|
115
|
214
|
374
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
|
| Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
1
N/A
|
3
+162%
|
2
-41%
|
12
+505%
|
(2)
N/A
|
(10)
-317%
|
(1)
+93%
|
(15)
-2 086%
|
10
N/A
|
14
+37%
|
9
-39%
|
32
+277%
|
11
-66%
|
14
+32%
|
30
+106%
|
87
+194%
|
103
+19%
|
114
+10%
|
63
-45%
|
(13)
N/A
|
(15)
-13%
|
(64)
-325%
|
33
N/A
|
39
+18%
|
44
+13%
|
138
+214%
|
87
-37%
|
72
-17%
|
111
+54%
|
7
-94%
|
(13)
N/A
|
(9)
+33%
|
(53)
-497%
|
(4)
+92%
|
(109)
-2 613%
|
(93)
+14%
|
(57)
+38%
|
(13)
+77%
|
102
N/A
|
157
+54%
|
155
-1%
|
102
-35%
|
97
-5%
|
(30)
N/A
|
3
N/A
|
4
+65%
|
(71)
N/A
|
20
N/A
|
(5)
N/A
|
51
N/A
|
159
+213%
|
178
+12%
|
180
+1%
|
136
-25%
|
82
-39%
|
118
+44%
|
217
+83%
|
378
+74%
|
|
| EPS (Diluted) |
-0.15
N/A
|
0.38
N/A
|
0.26
-32%
|
1.21
+365%
|
-0.23
N/A
|
-0.99
-330%
|
-0.07
+93%
|
-1.54
-2 100%
|
1.02
N/A
|
1.42
+39%
|
0.48
-66%
|
3.24
+575%
|
1.07
-67%
|
1.44
+35%
|
2.96
+106%
|
8.7
+194%
|
10.44
+20%
|
11.38
+9%
|
6.31
-45%
|
-1.34
N/A
|
-1.51
-13%
|
-6.41
-325%
|
3.29
N/A
|
3.92
+19%
|
4.43
+13%
|
13.79
+211%
|
8.73
-37%
|
7.22
-17%
|
11
+52%
|
0.71
-94%
|
-1.31
N/A
|
-0.88
+33%
|
-5.76
-555%
|
-0.39
+93%
|
-10.85
-2 682%
|
-9
+17%
|
-5.78
+36%
|
-1.29
+78%
|
10.16
N/A
|
15.68
+54%
|
15.52
-1%
|
10.15
-35%
|
9.67
-5%
|
-3.06
N/A
|
0.26
N/A
|
0.42
+62%
|
-0.71
N/A
|
2.06
N/A
|
-0.48
N/A
|
5.09
N/A
|
1.59
-69%
|
17.97
+1 030%
|
18.06
+1%
|
1.27
-93%
|
0.78
-39%
|
0.99
+27%
|
1.76
+78%
|
2.99
+70%
|
|