Cityland Development Corporation (PSE: CDC)

Cityland Development 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	Dec 31, 2019
Operating Revenue	1,711	2,398	2,745	1,475	1,134	1,791
Other Revenue	321.72	416.24	375.87	418.4	467.5	449.28
Revenue	2,033	2,814	3,121	1,894	1,601	2,240
Revenue Growth (YoY)	-33.82%	-9.83%	64.78%	18.28%	-28.53%	17.58%
Cost of Revenue	682.84	1,204	1,200	661.17	574.45	910.32
Gross Profit	1,350	1,610	1,920	1,233	1,027	1,330
Selling, General & Admin	688.36	585.22	565.75	478.56	417.76	536.52
Operating Expenses	688.36	585.22	565.75	478.56	417.76	536.52
Operating Income	661.46	1,025	1,355	754.15	608.96	793.59
Interest Expense	-2.98	-2.39	-1.86	-1.87	-1.91	-15.54
Interest & Investment Income	259.18	223.27	109.44	84.26	105.31	167.13
Other Non Operating Income (Expenses)	-2.43	-1.21	-1.35	-0.54	-0.8	-2.14
EBT Excluding Unusual Items	915.23	1,245	1,461	836	711.57	943.05
Gain (Loss) on Sale of Assets	-	-	155.56	-	-	-
Pretax Income	915.23	1,245	1,616	836	711.57	943.05
Income Tax Expense	148.37	280.5	378.19	162.85	168.74	208.91
Earnings From Continuing Operations	766.87	964.24	1,238	673.15	542.82	734.14
Minority Interest in Earnings	-55.53	-81.68	-207.82	-88.1	-53.24	-89.41
Net Income	711.34	882.56	1,030	585.05	489.58	644.73
Net Income to Common	711.34	882.56	1,030	585.05	489.58	644.73
Net Income Growth	-20.72%	-14.35%	76.12%	19.50%	-24.06%	16.90%
Shares Outstanding (Basic)	4,976	4,976	4,976	4,976	4,976	4,976
Shares Outstanding (Diluted)	4,976	4,976	4,976	4,976	4,976	4,976
Shares Change (YoY)	-	-	-	-0.00%	-	-0.00%
EPS (Basic)	0.14	0.18	0.21	0.12	0.10	0.13
EPS (Diluted)	0.14	0.18	0.20	0.12	0.10	0.13
EPS Growth	-22.35%	-13.45%	74.29%	19.50%	-24.06%	16.90%
Free Cash Flow	891.67	481.61	670.66	468.47	365.11	354.7
Free Cash Flow Per Share	0.18	0.10	0.13	0.09	0.07	0.07
Dividend Per Share	0.048	0.048	0.029	0.022	0.020	0.027
Dividend Growth	65.63%	65.63%	32.72%	10.15%	-25.94%	-29.82%
Gross Margin	66.41%	57.23%	61.53%	65.09%	64.12%	59.37%
Operating Margin	32.54%	36.43%	43.41%	39.82%	38.03%	35.42%
Profit Margin	35.00%	31.36%	33.02%	30.89%	30.58%	28.78%
Free Cash Flow Margin	43.87%	17.12%	21.49%	24.74%	22.80%	15.83%
EBITDA	716.4	1,079	1,408	810.08	665.07	849.94
EBITDA Margin	35.24%	38.34%	45.13%	42.77%	41.54%	37.94%
D&A For EBITDA	54.94	53.79	53.64	55.93	56.11	56.35
EBIT	661.46	1,025	1,355	754.15	608.96	793.59
EBIT Margin	32.54%	36.43%	43.41%	39.82%	38.03%	35.42%
Effective Tax Rate	16.21%	22.53%	23.40%	19.48%	23.71%	22.15%
Revenue as Reported	2,292	3,037	3,386	1,978	1,706	2,408
Advertising Expenses	-	1.57	1.28	2.15	2.72	3.76

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