PSE:C Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Revenue	9,016	8,007	7,048	6,433	4,469
Revenue Growth (YoY)	12.60%	13.61%	9.56%	43.96%	-4.50%
Cost of Revenue	7,173	6,559	5,604	5,650	4,908
Gross Profit	1,843	1,449	1,443	782.95	-439.93
Selling, General & Admin	86.55	69.66	36.26	26.01	28.37
Other Operating Expenses	797.59	1,022	1,283	1,085	1,066
Operating Expenses	890.56	1,043	1,414	1,153	1,491
Operating Income	952.26	405.47	29.28	-370.16	-1,931
Interest Expense	-1,036	-1,026	-1,221	-1,251	-1,405
Interest & Investment Income	1.74	1.34	1.12	3.86	0.64
Earnings From Equity Investments	-	-	-81	14.99	-887.08
Currency Exchange Gain (Loss)	-110.95	-66.49	-27.99	-127.24	-20.32
Other Non Operating Income (Expenses)	327.69	34.52	92.45	38.51	38.55
EBT Excluding Unusual Items	134.46	-651.34	-1,207	-1,691	-4,205
Impairment of Goodwill	-	-	-	-63.92	-10.38
Gain (Loss) on Sale of Investments	-	458.04	96.05	-	-
Gain (Loss) on Sale of Assets	-8.96	8.41	-161.39	2.89	-351.33
Asset Writedown	-77.99	-18.15	-15.92	-857.05	-71.04
Other Unusual Items	19.48	471.89	241.5	134.36	668.31
Pretax Income	66.98	268.85	-1,047	-2,475	-3,969
Income Tax Expense	16.85	91.45	95.63	56.68	-65.48
Net Income	50.13	177.4	-1,143	-2,531	-3,904
Net Income to Common	50.13	177.4	-1,143	-2,531	-3,904
Net Income Growth	-71.74%	-	-	-	-
Shares Outstanding (Basic)	2,144	2,144	1,948	1,885	1,822
Shares Outstanding (Diluted)	2,144	2,144	1,948	1,885	1,822
Shares Change (YoY)	-	10.05%	3.36%	3.45%	-
EPS (Basic)	0.02	0.08	-0.59	-1.34	-2.14
EPS (Diluted)	0.02	0.08	-0.59	-1.34	-2.14
EPS Growth	-71.74%	-	-	-	-
Free Cash Flow	1,812	912.24	475.69	1,027	233.71
Free Cash Flow Per Share	0.84	0.42	0.24	0.55	0.13
Gross Margin	20.44%	18.09%	20.48%	12.17%	-9.84%
Operating Margin	10.56%	5.06%	0.41%	-5.75%	-43.21%
Profit Margin	0.56%	2.21%	-16.22%	-39.35%	-87.36%
Free Cash Flow Margin	20.09%	11.39%	6.75%	15.97%	5.23%
EBITDA	2,431	1,837	1,172	885.54	-446.83
EBITDA Margin	26.96%	22.94%	16.63%	13.77%	-10.00%
D&A For EBITDA	1,479	1,432	1,143	1,256	1,484
EBIT	952.26	405.47	29.28	-370.16	-1,931
EBIT Margin	10.56%	5.06%	0.41%	-5.75%	-43.21%
Effective Tax Rate	25.15%	34.02%	-	-	-
Advertising Expenses	8.32	8.81	5.35	3.01	1.26

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