Globe Telecom, Inc. (GTMEY)

Globe Telecom Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	165,078	180,586	180,164	175,041	168,496
Other Revenue	-	215.84	185.66	261.71	165.43
Revenue	165,078	180,802	180,350	175,302	168,662
Revenue Growth (YoY)	-8.70%	0.25%	2.88%	3.94%	5.04%
Cost of Revenue	-	31,412	33,329	30,956	29,187
Gross Profit	165,078	149,389	147,021	144,346	139,475
Selling, General & Admin	77,453	59,763	61,369	62,769	61,347
Other Operating Expenses	-	-276.91	-160.38	-107.24	-49.07
Operating Expenses	131,324	109,959	108,565	108,315	102,430
Operating Income	33,754	39,430	38,456	36,031	37,045
Interest Expense	-	-14,272	-12,081	-9,694	-8,356
Interest & Investment Income	-	918.34	677.57	340.11	149.51
Earnings From Equity Investments	-	3,897	2,215	1,083	881.54
Currency Exchange Gain (Loss)	-	-2,432	1,042	-5,343	-3,656
Other Non Operating Income (Expenses)	-5,527	-434.64	-5,354	2,487	649.3
EBT Excluding Unusual Items	28,227	27,106	24,956	24,905	26,713
Impairment of Goodwill	-	-53.43	-154.61	-	-
Gain (Loss) on Sale of Investments	-	-	76.67	101.66	4,344
Gain (Loss) on Sale of Assets	-	3,689	7,630	19,094	152.57
Asset Writedown	-	-410.56	-92.44	-	-1,156
Other Unusual Items	-	-	-	-	-1,014
Pretax Income	28,227	30,331	32,416	44,100	29,040
Income Tax Expense	4,965	6,045	7,838	9,496	5,316
Earnings From Continuing Operations	23,262	24,286	24,578	34,604	23,724
Minority Interest in Earnings	-	18.66	-65.25	-41.04	-71.05
Net Income	23,262	24,304	24,513	34,563	23,653
Preferred Dividends & Other Adjustments	-	1,431	1,381	1,300	524.15
Net Income to Common	23,262	22,873	23,132	33,263	23,129
Net Income Growth	-4.29%	-0.85%	-29.08%	46.13%	27.31%
Shares Outstanding (Basic)	144	144	144	136	134
Shares Outstanding (Diluted)	144	145	145	136	135
Shares Change (YoY)	-0.58%	0.13%	6.40%	1.36%	0.15%
EPS (Basic)	161.02	158.48	160.45	245.44	173.18
EPS (Diluted)	161.02	157.83	159.74	244.25	172.26
EPS Growth	2.02%	-1.20%	-34.60%	41.80%	28.16%
Free Cash Flow	-	28,822	9,912	-32,828	-27,610
Free Cash Flow Per Share	-	198.34	68.30	-240.70	-205.19
Dividend Per Share	100.000	100.000	100.000	106.000	108.000
Dividend Growth	-	-	-5.66%	-1.85%	0.01%
Gross Margin	100.00%	82.63%	81.52%	82.34%	82.69%
Operating Margin	20.45%	21.81%	21.32%	20.55%	21.96%
Profit Margin	14.09%	12.65%	12.83%	18.97%	13.71%
Free Cash Flow Margin	-	15.94%	5.50%	-18.73%	-16.37%
EBITDA	69,877	74,677	72,253	76,596	75,402
EBITDA Margin	42.33%	41.30%	40.06%	43.69%	44.71%
D&A For EBITDA	36,123	35,247	33,797	40,565	38,357
EBIT	33,754	39,430	38,456	36,031	37,045
EBIT Margin	20.45%	21.81%	21.32%	20.55%	21.96%
Effective Tax Rate	17.59%	19.93%	24.18%	21.53%	18.31%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.