Income Statement Leo Global Logistics

Stocks

LEO

TH9993010007

Air Freight & Logistics

End-of-day quote Thailand S.E. Other stock markets 2026-06-18			5-day change	1st Jan Change
1.880 ^THB	-0.53%		+3.30%	-4.08%

05-15	Leo Global Logistics Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
04-21	Leo Global Logistics Public Company Limited Appoints Pisanu Suvanajata as Independent Director and Member of the Nomination and Remuneration Committee and Corporate Governance and Sustainability Committee	CI

3d003b836e70ccbda67694deb6456783.X7xLiKjKVFjSp0gyVmQAjqWSJi5BfZwca1mMPghORWI.Kex6x9zyMQq98y5eNDNY19X4YFguNvNuPGroC1p4F1o1yi3Mhaw_Ear2fA

Published financial data: LEO GLOBAL LOGISTICS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	3.37B	4.49B	1.36B	1.63B	1.32B
Other Revenues, Total	4.23M	5.1M	11M	7.15M	6.32M
Total Revenues	3.37B	4.5B	1.37B	1.63B	1.33B
Cost of Goods Sold, Total	2.71B	3.6B	903M	1.15B	905M
Gross Profit	655M	890M	470M	480M	423M
Selling General & Admin Expenses, Total	431M	494M	357M	382M	374M
Provision for Bad Debts	2.63M	11.33M	1.08M	13.76M	3.52M
Other Operating Expenses	-	-	-10.65M	2.12M	-4.82M
Other Operating Expenses, Total	434M	505M	347M	398M	373M
Operating Income	221M	386M	122M	81.82M	50.21M
Interest Expense, Total	-4.96M	-18.79M	-25.49M	-23.59M	-37.95M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-4.96M	-18.79M	-25.49M	-23.59M	-37.95M
Income (Loss) On Equity Invest.	25.42M	13.93M	1.2M	-10.17M	-14.75M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	241M	381M	97.84M	48.06M	-2.48M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	241M	381M	97.84M	48.06M	-2.48M
Income Tax Expense	41.65M	74.58M	21.45M	16.32M	10.97M
Earnings From Continuing Operations	200M	306M	76.39M	31.74M	-13.46M
Net Income to Company	200M	306M	76.39M	31.74M	-13.46M
Minority Interest	-853K	-1.53M	7.08M	15.82M	22.24M
Net Income - (IS)	199M	305M	83.46M	47.56M	8.78M
Net Income to Common Incl Extra Items	199M	305M	83.46M	47.56M	8.78M
Net Income to Common Excl. Extra Items	199M	305M	83.46M	47.56M	8.78M
Per Share Items
Net EPS - Basic	0.62	0.95	0.26	0.15	0.03
Basic EPS - Continuing Operations	0.62	0.95	0.26	0.15	0.03
Basic Weighted Average Shares Outstanding	320M	319M	315M	315M	314M
Net EPS - Diluted	0.62	0.95	0.26	0.15	0.03
Diluted EPS - Continuing Operations	0.62	0.95	0.26	0.15	0.03
Diluted Weighted Average Shares Outstanding	320M	319M	315M	315M	314M
Normalized Basic EPS	0.47	0.74	0.22	0.15	0.07
Normalized Diluted EPS	0.47	0.74	0.22	0.15	0.07
Dividend Per Share	0.25	0.4	0.16	0.14	0.06
Payout Ratio	22.53	39.92	75.49	106	502.25
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	230M	399M	138M	101M	82.14M
EBITA	221M	386M	122M	81.82M	50.21M
EBIT	221M	386M	122M	81.82M	50.21M
EBITDAR	232M	393M	122M	43.22M	45.51M
Total Revenues (As Reported)	3.37B	4.5B	1.37B	1.63B	1.33B
Effective Tax Rate - (Ratio)	17.26	19.59	21.93	33.96	-441.49
Total Current Taxes	42.46M	76.94M	23.59M	19.74M	10.64M
Total Deferred Taxes	-814K	-2.36M	-2.14M	-3.42M	334K
Normalized Net Income	150M	236M	68.23M	45.86M	20.68M
Interest Capitalized	-	990K	3.65M	-	-
Interest on Long-Term Debt	3.94M	6.1M	7.99M	11.59M	15.41M
Non-Cash Pension Expense	673K	683K	1.07M	1.44M	1.4M
Supplemental Operating Expense Items
Marketing Expenses	10.41M	17.63M	12.98M	10.92M	13.43M
Selling and Marketing Expenses	182M	218M	116M	100M	98.39M
General and Administrative Expenses	249M	276M	241M	282M	276M
Net Rental Expense, Total	2.07M	-6.43M	-16.87M	-57.97M	-36.64M
Imputed Operating Lease Interest Expense	383K	-2.38M	-8.05M	-17.82M	-13.41M
Imputed Operating Lease Depreciation	1.69M	-4.05M	-8.82M	-40.15M	-23.23M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	99.39M	383M	99.44M	83.64M	92.48M
Short Term Investments	40M	215M	-	-	-
Trading Asset Securities, Total	5.94K	-	73.22M	17.63M	4K
Total Cash And Short Term Investments	139M	598M	173M	101M	92.48M
Accounts Receivable, Total	621M	308M	274M	314M	313M
Other Receivables	77.12M	7.19M	99.38M	108M	99.74M
Total Receivables	698M	315M	373M	422M	412M
Prepaid Expenses	282M	118M	111M	148M	104M
Other Current Assets, Total	13.31M	17.06M	39.38M	46.05M	165M
Total Current Assets	1.13B	1.05B	696M	717M	774M
Gross Property Plant And Equipment	279M	458M	638M	748M	793M
Accumulated Depreciation	-85.4M	-106M	-132M	-147M	-187M
Net Property Plant And Equipment	193M	353M	507M	600M	606M
Long-term Investments	132M	162M	161M	227M	202M
Other Intangibles, Total	6.18M	8.28M	4.82M	1.88M	3.52M
Loans Receivable Long-Term	-	-	-	-	10.24M
Deferred Tax Assets Long-Term	9.76M	11.75M	14.02M	18.08M	20.79M
Other Long-Term Assets, Total	136M	133M	176M	300M	334M
Total Assets	1.61B	1.72B	1.56B	1.86B	1.95B
Liabilities
Accounts Payable, Total	121M	71.89M	53.13M	52.36M	51.32M
Accrued Expenses, Total	271M	112M	30.21M	34.96M	40.19M
Short-term Borrowings	142M	3M	93.5M	379M	439M
Current Portion of Long-Term Debt	7.51M	8.24M	57.24M	27.6M	49M
Current Portion of Leases	13.92M	26.08M	32.04M	33.72M	38.63M
Current Income Taxes Payable	14.55M	31.26M	8.48M	2.85M	547K
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	28.59M	11.11M	19.41M	32.09M	44.54M
Total Current Liabilities	598M	263M	294M	562M	663M
Long-Term Debt	12.49M	318M	14.63M	90.72M	155M
Long-Term Leases	164M	159M	265M	234M	213M
Pension & Other Post Retirement Benefits	46.85M	53.26M	59.13M	64.86M	63.55M
Deferred Tax Liability Non Current	-	-	-	1.42M	2.59M
Other Non Current Liabilities	-	8.93M	-	4.62M	2.72M
Total Liabilities	821M	802M	633M	958M	1.1B
Common Stock, Total	160M	160M	160M	160M	160M
Additional Paid In Capital	361M	361M	361M	361M	361M
Retained Earnings	239M	420M	438M	432M	394M
Treasury Stock	-	-63.88M	-64.98M	-64.98M	-64.98M
Comprehensive Income and Other	11.21M	15.26M	15.63M	20.97M	12.77M
Total Common Equity	772M	893M	910M	910M	863M
Minority Interest	18.26M	19.88M	15.46M	-3.64M	-12.75M
Total Equity	790M	913M	926M	906M	851M
Total Liabilities And Equity	1.61B	1.72B	1.56B	1.86B	1.95B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	320M	320M	315M	315M	315M
ECS Total Common Shares Outstanding	320M	320M	315M	315M	315M
Book Value / Share	2.41	2.79	2.89	2.89	2.74
Tangible Book Value	766M	885M	906M	908M	860M
Tangible Book Value Per Share	2.39	2.76	2.87	2.88	2.73
Total Debt	339M	514M	463M	765M	894M
Net Debt	200M	-83.09M	290M	664M	802M
Debt Equivalent of Unfunded Proj. Benefit Obligation	46.85M	53.26M	59.13M	64.86M	63.55M
Debt Equivalent Oper. Leases	16.6M	-51.46M	-135M	-464M	-293M
Minority Interest, Total (Incl. Fin. Div)	18.26M	19.88M	15.46M	-3.64M	-12.75M
Equity Method Investments, Total	82.46M	92.44M	89.58M	149M	131M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	126M	126M	237M	241M	241M
Buildings, Total	51.2M	52.98M	72.95M	73.02M	227M
Machinery, Total	67.92M	94.58M	166M	144M	220M
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	5.16M	15.11M	15.92M	29.68M	33.2M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	199M	305M	83.46M	47.56M	8.78M
Depreciation & Amortization - CF	18.03M	24.72M	33.08M	44.04M	63.85M
Depreciation & Amortization, Total	18.03M	24.72M	33.08M	44.04M	63.85M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-348K	-101K	1.48M	-1.1M	40K
(Gain) Loss on Sale of Investments - (CF)	-589K	478K	-8.55M	305K	-
Asset Writedown & Restructuring Costs	-	-2.2M	-4.12M	2.97M	-3.18M
(Income) Loss On Equity Investments - (CF)	-25.42M	-13.93M	-1.2M	10.17M	14.75M
Provision and Write-off of Bad Debts	2.63M	11.33M	1.08M	13.76M	3.52M
Other Operating Activities, Total	24.77M	22.3M	-10.04M	-2.79M	8.64M
Change In Accounts Receivable	-693M	548M	-69.8M	-102M	-72.84M
Change In Accounts Payable	163M	-186M	-83.21M	11.81M	22.42M
Change in Other Net Operating Assets	10.46M	-66.08M	7.66M	-67.01M	-48.66M
Cash from Operations	-302M	644M	-50.15M	-41.95M	-2.67M
Capital Expenditure	-35.88M	-103M	-39.38M	-133M	-40.54M
Sale of Property, Plant, and Equipment	1.52M	748K	20K	1.17M	5K
Divestitures	-	-	500K	-	-
Sale (Purchase) of Real Estate properties	-26.5M	-14.55M	-47.96M	-46.22M	-2.27M
Sale (Purchase) of Intangible assets	-3.41M	-7.61M	-2.54M	-368K	-2.83M
Investment in Marketable and Equity Securities, Total	341M	-195M	147M	-31.02M	22.45M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	2.98M	-697K	3.1M	11.35M	-4.49M
Cash from Investing	280M	-319M	61.11M	-199M	-27.67M
Short Term Debt Issued, Total	279M	501M	124M	1.8B	2.04B
Long-Term Debt Issued, Total	-	333M	-	64.02M	119M
Total Debt Issued	279M	834M	124M	1.86B	2.16B
Short Term Debt Repaid, Total	-139M	-640M	-34M	-1.51B	-1.98B
Long-Term Debt Repaid, Total	-14.93M	-41.31M	-306M	-50.34M	-73.28M
Total Debt Repaid	-154M	-681M	-340M	-1.56B	-2.05B
Issuance of Common Stock	-	-	-	5K	-
Repurchase of Common Stock	-	-63.88M	-1.09M	-	-
Common Dividends Paid	-44.8M	-122M	-63.01M	-50.41M	-44.11M
Common & Preferred Stock Dividends Paid	-44.8M	-122M	-63.01M	-50.41M	-44.11M
Other Financing Activities, Total	3.91M	-9.54M	-17.18M	-26.75M	-24.75M
Cash from Financing	84.44M	-41.66M	-297M	222M	36.84M
Foreign Exchange Rate Adjustments	-557K	638K	2M	2.75M	2.34M
Net Change in Cash	61.55M	284M	-284M	-15.8M	8.84M
Supplemental Items
Cash Interest Paid	988K	9.54M	17.96M	23.35M	37.98M
Cash Income Tax Paid (Refund)	28.41M	61.34M	46.37M	25.38M	12.94M
Levered Free Cash Flow	-375M	478M	-135M	-135M	-23.09M
Unlevered Free Cash Flow	-372M	490M	-119M	-120M	629K
Change In Net Working Capital	489M	-335M	186M	81.25M	51.24M
Net Debt Issued / Repaid	125M	153M	-215M	299M	106M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	10.64	14.49	4.66	2.99	1.65
Return on Total Capital	14.95	18.85	5.42	3.34	1.84
Return On Equity %	28.18	35.95	8.31	3.47	-1.53
Return on Common Equity	28.68	36.59	9.26	5.23	0.99
Margin Analysis
Gross Profit Margin %	19.44	19.81	34.2	29.4	31.85
SG&A Margin	12.8	10.98	26	23.41	28.17
EBITDA Margin %	6.81	8.88	10.08	6.2	6.18
EBITA Margin %	6.55	8.58	8.9	5.01	3.78
EBIT Margin %	6.55	8.58	8.9	5.01	3.78
Income From Continuing Operations Margin %	5.93	6.81	5.56	1.94	-1.01
Net Income Margin %	5.9	6.78	6.08	2.91	0.66
Net Avail. For Common Margin %	5.9	6.78	6.08	2.91	0.66
Normalized Net Income Margin	4.45	5.26	4.97	2.81	1.56
Levered Free Cash Flow Margin	-11.14	10.64	-9.82	-8.24	-1.74
Unlevered Free Cash Flow Margin	-11.05	10.91	-8.66	-7.34	0.05
Asset Turnover
Asset Turnover	2.6	2.7	0.84	0.95	0.7
Fixed Assets Turnover	23.14	14.98	3.2	2.95	2.2
Receivables Turnover (Average Receivables)	7.92	9.66	4.68	5.53	4.22
Short Term Liquidity
Current Ratio	1.9	3.98	2.37	1.28	1.17
Quick Ratio	1.4	3.47	1.86	0.93	0.76
Operating Cash Flow to Current Liabilities	-0.51	2.45	-0.17	-0.07	-0
Days Sales Outstanding (Average Receivables)	46.11	37.78	77.96	66.13	86.48
Average Days Payable Outstanding	16.34	9.75	25.26	16.75	20.9
Long Term Solvency
Total Debt/Equity	42.97	56.36	49.98	84.43	105.14
Total Debt / Total Capital	30.05	36.05	33.32	45.78	51.25
LT Debt/Equity	22.33	52.28	30.23	35.84	43.25
Long-Term Debt / Total Capital	15.62	33.43	20.16	19.43	21.08
Total Liabilities / Total Assets	50.96	46.78	40.61	51.4	56.39
EBIT / Interest Expense	44.54	20.52	4.79	3.47	1.32
EBITDA / Interest Expense	48.18	21.84	6.09	5.34	3.01
(EBITDA - Capex) / Interest Expense	40.94	16.38	4.54	-0.32	1.94
Total Debt / EBITDA	1.42	1.25	2.98	6.08	7.84
Net Debt / EBITDA	0.84	-0.2	1.87	5.27	7.03
Total Debt / (EBITDA - Capex)	1.67	1.67	3.99	-101.19	12.16
Net Debt / (EBITDA - Capex)	0.99	-0.27	2.5	-87.79	10.91
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	198.43	33.41	-69.46	18.91	-18.62
Gross Profit, 1 Yr. Growth %	96.59	35.96	-47.27	2.22	-11.82
EBITDA, 1 Yr. Growth %	235.48	74.02	-65.33	-26.91	-18.82
EBITA, 1 Yr. Growth %	255.02	74.59	-68.32	-33.01	-38.63
EBIT, 1 Yr. Growth %	255.02	74.59	-68.32	-33.01	-38.63
Earnings From Cont. Operations, 1 Yr. Growth %	245.6	53.32	-75.05	-58.45	-142.39
Net Income, 1 Yr. Growth %	249.55	53.21	-72.6	-43.02	-81.53
Normalized Net Income, 1 Yr. Growth %	254.8	57.64	-71.14	-32.79	-54.89
Diluted EPS Before Extra, 1 Yr. Growth %	138.88	53.7	-72.26	-43.02	-81.46
Accounts Receivable, 1 Yr. Growth %	171.37	-50.39	-11.26	14.74	-0.37
Net Property, Plant and Equip., 1 Yr. Growth %	97.68	42.53	43.6	18.49	0.9
Total Assets, 1 Yr. Growth %	63.71	6.48	-9.11	19.56	4.64
Tangible Book Value, 1 Yr. Growth %	25.55	15.55	2.38	0.23	-5.27
Common Equity, 1 Yr. Growth %	25.58	15.69	1.97	-0.1	-5.08
Cash From Operations, 1 Yr. Growth %	1.01K	-313.23	-107.79	-18.03	-93.63
Capital Expenditures, 1 Yr. Growth %	443.02	185.89	-61.6	238.78	-69.62
Levered Free Cash Flow, 1 Yr. Growth %	644.5	-227.47	-128.28	-0.17	-82.85
Unlevered Free Cash Flow, 1 Yr. Growth %	676.41	-231.69	-124.34	0.81	-100.52
Dividend Per Share, 1 Yr. Growth %	257.14	60	-60	-12.5	-57.14
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	79.66	99.53	-36.17	-39.74	-1.63
Gross Profit, 2 Yr. CAGR %	44.78	63.49	-15.33	-26.59	-5.06
EBITDA, 2 Yr. CAGR %	121.89	141.62	-22.33	-49.66	-22.97
EBITA, 2 Yr. CAGR %	136.25	148.96	-25.63	-53.93	-35.88
EBIT, 2 Yr. CAGR %	136.25	148.96	-25.63	-53.93	-35.88
Earnings From Cont. Operations, 2 Yr. CAGR %	106.04	130.19	-38.15	-67.8	-58.03
Net Income, 2 Yr. CAGR %	108.17	131.42	-35.21	-60.49	-67.56
Normalized Net Income, 2 Yr. CAGR %	113.85	136.5	-32.55	-55.96	-44.94
Diluted EPS Before Extra, 2 Yr. CAGR %	55.15	91.61	-34.7	-60.23	-67.49
Accounts Receivable, 2 Yr. CAGR %	102.98	16.03	-33.65	0.91	6.92
Net Property, Plant and Equip., 2 Yr. CAGR %	103.66	89.88	43.06	30.44	9.34
Total Assets, 2 Yr. CAGR %	83.77	32.03	-1.62	4.25	11.85
Tangible Book Value, 2 Yr. CAGR %	104.91	20.45	8.76	1.3	-2.56
Common Equity, 2 Yr. CAGR %	98.33	20.54	8.61	0.93	-2.62
Cash From Operations, 2 Yr. CAGR %	147.11	386.94	-59.25	-74.47	-77.15
Capital Expenditures, 2 Yr. CAGR %	319.79	294.01	4.77	14.05	1.45
Levered Free Cash Flow, 2 Yr. CAGR %	294.86	208.07	-40.07	-46.87	-58.62
Unlevered Free Cash Flow, 2 Yr. CAGR %	290.4	219.76	-43.49	-50.47	-92.73
Dividend Per Share, 2 Yr. CAGR %	2.06	139.05	-20	-40.84	-38.76
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	47.37	62.69	6.73	-21.46	-33.39
Gross Profit, 3 Yr. CAGR %	32.29	41.78	12.12	-9.84	-21.96
EBITDA, 3 Yr. CAGR %	95.91	104.62	26.49	-23.89	-40.97
EBITA, 3 Yr. CAGR %	109.74	113.59	25.22	-28.18	-49.31
EBIT, 3 Yr. CAGR %	109.74	113.59	25.22	-28.18	-49.31
Earnings From Cont. Operations, 3 Yr. CAGR %	95.16	86.71	9.76	-45.83	-64.71
Net Income, 3 Yr. CAGR %	95.75	87.95	13.64	-37.92	-69.34
Normalized Net Income, 3 Yr. CAGR %	96.22	93.18	17.3	-32.63	-55.61
Diluted EPS Before Extra, 3 Yr. CAGR %	52.06	54.66	0.62	-37.59	-69.16
Accounts Receivable, 3 Yr. CAGR %	55.88	26.91	6.11	-20.36	0.48
Net Property, Plant and Equip., 3 Yr. CAGR %	65.21	96.31	73	34.35	19.74
Total Assets, 3 Yr. CAGR %	49.67	53.21	16.58	4.99	4.38
Tangible Book Value, 3 Yr. CAGR %	75.53	69.29	14.09	5.84	-0.94
Common Equity, 3 Yr. CAGR %	70.52	65.72	14	5.63	-1.12
Cash From Operations, 3 Yr. CAGR %	57.79	135.26	22.69	-48.21	-83.93
Capital Expenditures, 3 Yr. CAGR %	208.42	269.34	81.31	54.93	-26.61
Levered Free Cash Flow, 3 Yr. CAGR %	-	170.88	38.8	-28.96	-63.55
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	171.76	35.35	-31.46	-89.12
Dividend Per Share, 3 Yr. CAGR %	-	18.56	31.73	-17.57	-46.87
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	26.04	-	5.45	9.35	3.31
Gross Profit, 5 Yr. CAGR %	25.93	-	10.67	8.96	4.9
EBITDA, 5 Yr. CAGR %	44.71	-	35.31	16.77	3.73
EBITA, 5 Yr. CAGR %	48.15	-	38.54	15.64	-4.19
EBIT, 5 Yr. CAGR %	48.15	-	38.54	15.64	-4.19
Earnings From Cont. Operations, 5 Yr. CAGR %	45.03	-	23.25	-7.56	-25.28
Net Income, 5 Yr. CAGR %	44.9	-	25.79	0.72	-31.18
Normalized Net Income, 5 Yr. CAGR %	43.04	-	28.01	6.94	-13.32
Diluted EPS Before Extra, 5 Yr. CAGR %	7	-	8.44	-10.17	-35.97
Accounts Receivable, 5 Yr. CAGR %	27.6	-	10.77	15.79	6.43
Net Property, Plant and Equip., 5 Yr. CAGR %	29.38	-	63.85	66.7	43.99
Total Assets, 5 Yr. CAGR %	30.96	-	26.54	31.34	14.66
Tangible Book Value, 5 Yr. CAGR %	42.36	-	44.94	37.85	7.11
Common Equity, 5 Yr. CAGR %	42.51	-	42.37	35.9	7.03
Cash From Operations, 5 Yr. CAGR %	22.05	-	-8.18	-3.23	-37.1
Capital Expenditures, 5 Yr. CAGR %	25.58	-	100.25	130.83	43.74
Levered Free Cash Flow, 5 Yr. CAGR %	30.24	-	-	41.09	-14.46
Unlevered Free Cash Flow, 5 Yr. CAGR %	29.55	-	-	37.46	-57.97
Dividend Per Share, 5 Yr. CAGR %	48.17	-	-	-10.22	-3.04