Investor Presentaiton
Income statement highlights
Revenue (1)
(VNDbn)
Gross Profit (1)
(VNDbn)
CAGR: 12.9%
107,794
102,254
2018
2019
Recurring revenue
137,380
YoY: 8.1%
85,619
EBITDA (1) (2)
(VNDbn)
27.3%
33.7% 24.9% 22.0% 29.4%
25.9%
36.0%
29,376
92,584
CAGR: 7.9%
34,492 34,201
YoY: 44.1%
18,856
CAGR: 12.9%
36,778
25.9% 30.3% 29.8%
35,639
YoY: 6.4
Profit After Tax(1)
(VNDbn)
27,943
27,591
27,175
25,932
11,399
13,815
YoY: -39.2%
4,546
2,837
1,726
2020
9M20
9M21
2018
2019 2020
9M20
9M21
2018
2019 2020 9M20 9M21
2018
2019
2020
9M20
9M21
Property sales
% Gross profit margin
%
EBITDA margin
Source: Audited VAS Consolidated Financial Statements for 2018-2020, VAS Consolidated Financial Statements for 3Q2020 and 3Q2021 (1) Financial numbers for FY2018-2020 are pro-forma, adding bulk sales and excluding the retail and agriculture segments (2) Adds back foreign
exchange losses / (gains)
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