Acen Corporation (PSE: ACEN)

Acen Corporation Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Jan 1, 2020
Operating Revenue	35,397	36,181	34,995	25,878	20,283	16,097
Other Revenue	410.36	317.71	239.43	191.68	190.9	14.41
Revenue	35,808	36,499	35,235	26,070	20,474	16,111
Revenue Growth (YoY)	-7.34%	3.59%	35.16%	27.33%	27.08%	6.59%
Operations & Maintenance	635.62	566.92	744.5	743.63	705.17	552.59
Selling, General & Admin	6,312	5,592	2,598	2,465	2,520	793.45
Other Operating Expenses	31,391	31,177	33,416	20,722	12,726	14,750
Total Operating Expenses	32,961	37,335	36,759	23,930	15,951	16,096
Operating Income	2,847	-836.3	-1,524	2,139	4,524	14.95
Interest Expense	-2,486	-1,810	-2,166	-1,589	-1,940	-953.85
Interest Income	6,827	7,070	5,643	4,388	2,074	712.43
Net Interest Expense	4,341	5,260	3,477	2,799	134.04	-241.42
Income (Loss) on Equity Investments	1,306	1,765	937.83	1,953	1,490	739.07
Currency Exchange Gain (Loss)	246.82	51.82	122.88	420.81	14.72	-338.96
Other Non-Operating Income (Expenses)	496.52	173.88	780.71	598.52	255	34.37
EBT Excluding Unusual Items	9,237	6,415	3,795	7,910	6,417	208.01
Gain (Loss) on Sale of Investments	-2,577	1,360	10,246	59.44	867.07	1.38
Gain (Loss) on Sale of Assets	2,241	1,058	-136.56	1.1	-4.28	309.01
Asset Writedown	1,871	-4.57	-42.03	-324.79	-381.11	-34.49
Insurance Settlements	20.18	45.59	72.99	161.94	260.39	236.31
Other Unusual Items	154.39	515	0.14	-	-55.51	-
Pretax Income	10,947	9,389	13,936	7,808	7,104	720.22
Income Tax Expense	584.22	282.3	-662.1	142.14	701.88	-59.52
Earnings From Continuing Ops.	10,362	9,107	14,598	7,666	6,402	779.74
Minority Interest in Earnings	-1,387	-1,711	-1,543	-2,415	-2,114	-74.97
Net Income	8,975	7,396	13,055	5,251	4,288	704.76
Preferred Dividends & Other Adjustments	1,928	642.56	-	-	-	-
Net Income to Common	7,047	6,754	13,055	5,251	4,288	704.76
Net Income Growth	-42.10%	-43.35%	148.62%	22.45%	508.45%	-
Shares Outstanding (Basic)	39,677	39,677	39,368	29,412	10,756	6,206
Shares Outstanding (Diluted)	39,677	39,677	39,368	29,412	10,756	6,206
Shares Change (YoY)	-0.00%	0.79%	33.85%	173.45%	73.32%	26.91%
EPS (Basic)	0.18	0.17	0.33	0.18	0.40	0.11
EPS (Diluted)	0.18	0.17	0.33	0.18	0.40	0.11
EPS Growth	-54.06%	-48.67%	85.75%	-55.22%	251.05%	-
Free Cash Flow	-23,906	-22,616	-18,422	-2,392	-3,136	-19.46
Free Cash Flow Per Share	-0.60	-0.57	-0.47	-0.08	-0.29	-0.00
Dividend Per Share	-	-	0.040	0.060	0.100	-
Dividend Growth	-	-	-33.33%	-40.00%	-	-
Profit Margin	19.68%	18.50%	37.05%	20.14%	20.94%	4.37%
Free Cash Flow Margin	-66.76%	-61.96%	-52.28%	-9.18%	-15.32%	-0.12%
EBITDA	4,383	429.19	474.84	4,145	6,334	961.44
EBITDA Margin	12.24%	1.18%	1.35%	15.90%	30.94%	5.97%
D&A For EBITDA	1,536	1,265	1,999	2,006	1,811	946.5
EBIT	2,847	-836.3	-1,524	2,139	4,524	14.95
EBIT Margin	7.95%	-2.29%	-4.32%	8.21%	22.09%	0.09%
Effective Tax Rate	5.34%	3.01%	-	1.82%	9.88%	-
Revenue as Reported	35,934	36,499	35,239	26,081	20,488	16,127

Source: S&P Capital IQ. Utility template. Financial Sources.