Acen Corporation (PSE:ACEN)

Acen Corporation Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	33,921	36,134	36,181	34,995	25,878	20,283
Other Revenue	777.65	650.17	317.71	239.43	191.68	190.9
Revenue	34,699	36,784	36,499	35,235	26,070	20,474
Revenue Growth (YoY)	-6.77%	0.78%	3.59%	35.16%	27.33%	27.08%
Fuel & Purchased Power	21,305	23,062	28,795	29,557	-	-
Operations & Maintenance	732.39	732.39	566.92	744.5	743.63	705.17
Selling, General & Admin	5,417	5,347	4,094	2,339	2,465	2,520
Depreciation & Amortization	3,092	2,592	1,573	2,178	-	-
Other Operating Expenses	1,725	1,472	1,175	1,940	20,722	12,726
Total Operating Expenses	32,272	33,206	36,204	36,760	23,930	15,951
Operating Income	2,427	3,578	294.82	-1,525	2,139	4,524
Interest Expense	-3,481	-3,032	-1,810	-2,166	-1,589	-1,940
Interest Income	6,712	6,850	7,070	5,643	4,388	2,074
Net Interest Expense	3,231	3,818	5,260	3,477	2,799	134.04
Income (Loss) on Equity Investments	2,032	1,191	1,765	937.83	1,953	1,490
Currency Exchange Gain (Loss)	517.2	517.2	51.82	122.88	420.81	14.72
Other Non-Operating Income (Expenses)	923.93	373.79	173.88	771.95	598.52	255
EBT Excluding Unusual Items	9,132	9,478	7,546	3,785	7,910	6,417
Gain (Loss) on Sale of Investments	-85.61	-85.61	3,221	10,797	59.44	867.07
Gain (Loss) on Sale of Assets	2,295	2,685	1,058	606.52	1.1	-4.28
Asset Writedown	-1,345	-1,135	-2,997	-1,325	-324.79	-381.11
Insurance Settlements	-	-	45.59	72.99	161.94	260.39
Other Unusual Items	-	-	515	-	-	-55.51
Pretax Income	9,997	10,942	9,389	13,936	7,808	7,104
Income Tax Expense	735.7	829.92	282.3	-662.1	142.14	701.88
Earnings From Continuing Ops.	9,261	10,112	9,107	14,598	7,666	6,402
Minority Interest in Earnings	-671.19	-752.47	-1,711	-1,543	-2,415	-2,114
Net Income	8,590	9,360	7,396	13,055	5,251	4,288
Preferred Dividends & Other Adjustments	1,928	1,928	642.56	-	-	-
Net Income to Common	6,662	7,432	6,754	13,055	5,251	4,288
Net Income Growth	6.17%	26.55%	-43.35%	148.62%	22.45%	508.45%
Shares Outstanding (Basic)	40,529	39,677	39,677	39,368	29,412	10,756
Shares Outstanding (Diluted)	40,529	39,677	39,677	39,368	29,412	10,756
Shares Change (YoY)	-1.37%	-	0.79%	33.85%	173.45%	73.32%
EPS (Basic)	0.16	0.19	0.17	0.33	0.18	0.40
EPS (Diluted)	0.16	0.19	0.17	0.33	0.18	0.40
EPS Growth	-9.31%	10.05%	-48.67%	85.75%	-55.22%	251.05%
Free Cash Flow	-16,189	-20,965	-22,616	-18,422	-2,392	-3,136
Free Cash Flow Per Share	-0.40	-0.53	-0.57	-0.47	-0.08	-0.29
Dividend Per Share	-	-	-	0.040	0.060	0.100
Dividend Growth	-	-	-	-33.33%	-40.00%	-
Profit Margin	19.20%	20.21%	18.50%	37.05%	20.14%	20.94%
Free Cash Flow Margin	-46.66%	-56.99%	-61.96%	-52.28%	-9.18%	-15.32%
EBITDA	5,197	5,848	1,560	653.45	4,145	6,334
EBITDA Margin	14.98%	15.90%	4.28%	1.85%	15.90%	30.94%
D&A For EBITDA	2,770	2,269	1,265	2,178	2,006	1,811
EBIT	2,427	3,578	294.82	-1,525	2,139	4,524
EBIT Margin	7.00%	9.73%	0.81%	-4.33%	8.21%	22.09%
Effective Tax Rate	7.36%	7.58%	3.01%	-	1.82%	9.88%
Revenue as Reported	35,215	37,300	36,499	35,239	26,081	20,488

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