Acen Corporation 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
Operating Revenue	30,849	36,134	36,181	34,995	25,878	20,283
Other Revenue	611.51	650.17	317.71	239.43	191.68	190.9
Revenue	31,461	36,784	36,499	35,235	26,070	20,474
Revenue Growth (YoY)	-12.14%	0.78%	3.59%	35.16%	27.33%	27.08%
Fuel & Purchased Power	18,969	23,062	28,795	29,557	-	-
Operations & Maintenance	802.34	732.39	566.92	744.5	743.63	705.17
Selling, General & Admin	4,946	5,347	4,094	2,339	2,465	2,520
Depreciation & Amortization	3,685	2,592	1,573	2,178	-	-
Other Operating Expenses	1,849	1,472	1,175	1,940	20,722	12,726
Total Operating Expenses	30,250	33,206	36,204	36,760	23,930	15,951
Operating Income	1,210	3,578	294.82	-1,525	2,139	4,524
Interest Expense	-4,863	-3,032	-1,810	-2,166	-1,589	-1,940
Interest Income	6,987	6,850	7,070	5,643	4,388	2,074
Net Interest Expense	2,123	3,818	5,260	3,477	2,799	134.04
Income (Loss) on Equity Investments	2,069	1,191	1,765	937.83	1,953	1,490
Currency Exchange Gain (Loss)	464.15	517.2	51.82	122.88	420.81	14.72
Other Non-Operating Income (Expenses)	939.07	373.79	173.88	771.95	598.52	255
EBT Excluding Unusual Items	6,806	9,478	7,546	3,785	7,910	6,417
Gain (Loss) on Sale of Investments	249.78	-85.61	3,221	10,797	59.44	867.07
Gain (Loss) on Sale of Assets	246.58	2,685	1,058	606.52	1.1	-4.28
Asset Writedown	-4,198	-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	3,104	10,942	9,389	13,936	7,808	7,104
Income Tax Expense	-269.08	829.92	282.3	-662.1	142.14	701.88
Earnings From Continuing Ops.	3,374	10,112	9,107	14,598	7,666	6,402
Minority Interest in Earnings	-367.49	-752.47	-1,711	-1,543	-2,415	-2,114
Net Income	3,006	9,360	7,396	13,055	5,251	4,288
Preferred Dividends & Other Adjustments	1,928	1,928	642.56	-	-	-
Net Income to Common	1,078	7,432	6,754	13,055	5,251	4,288
Net Income Growth	-66.51%	26.55%	-43.35%	148.62%	22.45%	508.45%
Shares Outstanding (Basic)	39,678	39,677	39,677	39,368	29,412	10,756
Shares Outstanding (Diluted)	39,678	39,677	39,677	39,368	29,412	10,756
Shares Change (YoY)	0.00%	-	0.79%	33.85%	173.45%	73.32%
EPS (Basic)	0.03	0.19	0.17	0.33	0.18	0.40
EPS (Diluted)	0.03	0.19	0.17	0.33	0.18	0.40
EPS Growth	-84.70%	10.05%	-48.67%	85.75%	-55.22%	251.05%
Free Cash Flow	-14,062	-20,965	-22,616	-18,422	-2,392	-3,136
Free Cash Flow Per Share	-0.35	-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	3.43%	20.21%	18.50%	37.05%	20.14%	20.94%
Free Cash Flow Margin	-44.70%	-56.99%	-61.96%	-52.28%	-9.18%	-15.32%
EBITDA	4,267	5,848	1,560	653.45	4,145	6,334
EBITDA Margin	13.56%	15.90%	4.28%	1.85%	15.90%	30.94%
D&A For EBITDA	3,056	2,269	1,265	2,178	2,006	1,811
EBIT	1,210	3,578	294.82	-1,525	2,139	4,524
EBIT Margin	3.85%	9.73%	0.81%	-4.33%	8.21%	22.09%
Effective Tax Rate	-	7.58%	3.01%	-	1.82%	9.88%
Revenue as Reported	32,205	37,300	36,499	35,239	26,081	20,488

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