Aboitiz Equity Ventures 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	309,099	302,826	310,619	306,861	223,061	185,247
Other Revenue	-	-	-	-	290.63	168.61
Revenue	309,099	302,826	310,619	306,861	223,351	185,415
Revenue Growth (YoY)	3.42%	-2.51%	1.23%	37.39%	20.46%	-7.12%
Operations & Maintenance	5,728	5,728	4,700	4,957	3,925	3,205
Selling, General & Admin	57,600	50,064	46,929	40,250	36,633	34,477
Other Operating Expenses	196,827	196,439	220,930	226,672	149,558	115,954
Total Operating Expenses	260,156	252,232	272,559	271,878	190,116	153,636
Operating Income	48,942	50,594	38,060	34,984	33,235	31,780
Interest Expense	-25,775	-22,544	-20,529	-17,857	-17,042	-17,917
Interest Income	3,496	3,519	4,310	1,871	533.84	1,012
Net Interest Expense	-22,279	-19,026	-16,219	-15,986	-16,508	-16,905
Income (Loss) on Equity Investments	15,339	14,532	23,637	20,782	17,246	9,019
Currency Exchange Gain (Loss)	-294.47	-526.69	319.68	2,984	57.64	1,663
Other Non-Operating Income (Expenses)	-5,757	-4,970	687.43	2,410	1,914	602.71
EBT Excluding Unusual Items	35,950	40,604	46,485	45,174	35,944	26,159
Gain (Loss) on Sale of Investments	311.76	194.42	286.13	22.87	66.72	95.12
Gain (Loss) on Sale of Assets	-182.59	-278.08	90.11	-158.83	-209.42	-27.1
Asset Writedown	385.75	319.47	247.87	-1,011	265.71	231.32
Insurance Settlements	303.6	303.6	1,400	-	384	1,800
Other Unusual Items	7,400	7,400	3,005	-	527	134
Pretax Income	44,168	48,543	51,515	44,027	36,978	28,392
Income Tax Expense	9,906	10,646	8,593	5,367	4,561	7,583
Earnings From Continuing Ops.	34,263	37,897	42,921	38,660	32,417	20,809
Minority Interest in Earnings	-17,574	-19,770	-19,375	-14,639	-6,333	-5,375
Net Income	16,688	18,128	23,546	24,021	26,083	15,434
Net Income to Common	16,688	18,128	23,546	24,021	26,083	15,434
Net Income Growth	-31.28%	-23.01%	-1.98%	-7.91%	69.00%	-29.96%
Shares Outstanding (Basic)	5,558	5,573	5,625	5,630	5,630	5,630
Shares Outstanding (Diluted)	5,558	5,573	5,625	5,630	5,630	5,630
Shares Change (YoY)	-0.48%	-0.93%	-0.09%	-	-	-0.06%
EPS (Basic)	3.00	3.25	4.19	4.27	4.63	2.74
EPS (Diluted)	3.00	3.25	4.19	4.27	4.63	2.74
EPS Growth	-31.02%	-22.29%	-1.88%	-7.91%	69.00%	-29.92%
Free Cash Flow	22,964	33,299	36,929	13,942	25,834	28,686
Free Cash Flow Per Share	4.13	5.97	6.57	2.48	4.59	5.09
Dividend Per Share	1.540	1.540	1.400	1.470	1.620	0.910
Dividend Growth	10.00%	10.00%	-4.76%	-9.26%	78.02%	-30.00%
Profit Margin	5.40%	5.99%	7.58%	7.83%	11.68%	8.32%
Free Cash Flow Margin	7.43%	11.00%	11.89%	4.54%	11.57%	15.47%
EBITDA	64,831	64,337	51,419	47,277	44,708	42,940
EBITDA Margin	20.97%	21.25%	16.55%	15.41%	20.02%	23.16%
D&A For EBITDA	15,889	13,742	13,358	12,293	11,473	11,160
EBIT	48,942	50,594	38,060	34,984	33,235	31,780
EBIT Margin	15.83%	16.71%	12.25%	11.40%	14.88%	17.14%
Effective Tax Rate	22.43%	21.93%	16.68%	12.19%	12.34%	26.71%
Revenue as Reported	302,826	302,826	310,619	306,861	223,929	186,726

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.