Universal Robina Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	166,106	160,367	156,252	147,624	115,855	112,162
Revenue Growth (YoY)	5.15%	2.63%	5.85%	27.42%	3.29%	-0.74%
Cost of Revenue	122,136	117,073	114,220	109,426	83,054	78,110
Gross Profit	43,970	43,294	42,032	38,198	32,801	34,052
Selling, General & Admin	27,406	26,831	24,686	22,990	20,121	20,198
Operating Expenses	27,417	26,843	24,695	22,994	20,152	20,230
Operating Income	16,553	16,452	17,337	15,204	12,649	13,822
Interest Expense	-1,394	-1,544	-1,539	-780.05	-536.53	-603.85
Interest & Investment Income	318.37	364.36	311.2	273.54	255.37	323.64
Earnings From Equity Investments	-77.49	-140.07	-287.25	-378.97	-91.08	-61.97
Currency Exchange Gain (Loss)	1,267	822.66	259.41	373.24	346.27	-504.16
Other Non Operating Income (Expenses)	-454.66	-136.07	-346.84	-276.42	-811.05	-668.29
EBT Excluding Unusual Items	16,212	15,818	15,735	14,415	11,812	12,307
Gain (Loss) on Sale of Investments	-93.17	-3.67	172.31	70.4	87.19	136.24
Gain (Loss) on Sale of Assets	38.45	47.52	18.4	3,281	3,184	-3.15
Asset Writedown	-455.46	-44.78	-226.21	-322.67	-539.25	37.04
Pretax Income	15,702	15,817	15,699	17,444	14,544	12,477
Income Tax Expense	3,022	3,058	2,977	2,995	1,579	1,973
Earnings From Continuing Operations	12,680	12,759	12,723	14,449	12,965	10,504
Earnings From Discontinued Operations	71.57	-405.55	-18.05	21.94	11,281	1,120
Net Income to Company	12,752	12,354	12,705	14,471	24,246	11,625
Minority Interest in Earnings	-631.63	-692.09	-613.31	-515.15	-922.21	-877.88
Net Income	12,120	11,662	12,091	13,956	23,324	10,747
Net Income to Common	12,120	11,662	12,091	13,956	23,324	10,747
Net Income Growth	16.84%	-3.55%	-13.36%	-40.16%	117.03%	9.97%
Shares Outstanding (Basic)	2,144	2,165	2,178	2,185	2,204	2,204
Shares Outstanding (Diluted)	2,144	2,165	2,178	2,185	2,204	2,204
Shares Change (YoY)	-1.26%	-0.60%	-0.32%	-0.83%	-0.02%	-
EPS (Basic)	5.65	5.39	5.55	6.39	10.58	4.88
EPS (Diluted)	5.65	5.39	5.55	6.39	10.58	4.88
EPS Growth	18.33%	-2.96%	-13.09%	-39.66%	117.07%	9.97%
Free Cash Flow	-172.89	13,192	-99.53	2,216	266.79	7,769
Free Cash Flow Per Share	-0.08	6.09	-0.05	1.01	0.12	3.52
Dividend Per Share	4.200	3.800	1.500	1.500	1.500	1.500
Dividend Growth	10.53%	153.33%	-	-	-	-
Gross Margin	26.47%	27.00%	26.90%	25.87%	28.31%	30.36%
Operating Margin	9.96%	10.26%	11.10%	10.30%	10.92%	12.32%
Profit Margin	7.30%	7.27%	7.74%	9.45%	20.13%	9.58%
Free Cash Flow Margin	-0.10%	8.23%	-0.06%	1.50%	0.23%	6.93%
EBITDA	21,141	21,083	23,354	21,102	18,064	19,573
EBITDA Margin	12.73%	13.15%	14.95%	14.29%	15.59%	17.45%
D&A For EBITDA	4,589	4,631	6,017	5,898	5,415	5,751
EBIT	16,553	16,452	17,337	15,204	12,649	13,822
EBIT Margin	9.96%	10.26%	11.10%	10.30%	10.92%	12.32%
Effective Tax Rate	19.24%	19.33%	18.96%	17.17%	10.85%	15.81%
Advertising Expenses	-	8,930	7,862	7,055	7,027	7,270

Source: S&P Global Market Intelligence. Standard template. Financial Sources.