Cityland Development 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	Dec '21 Dec 31, 2021
Operating Revenue	2,144	1,862	2,398	2,745	1,475
Other Revenue	420.51	457.95	416.24	375.87	418.4
Revenue	2,565	2,320	2,814	3,121	1,894
Revenue Growth (YoY)	10.53%	-17.54%	-9.83%	64.78%	18.28%
Cost of Revenue	1,093	763.12	1,204	1,200	661.17
Gross Profit	1,472	1,557	1,610	1,920	1,233
Selling, General & Admin	704.1	691.44	585.22	565.75	478.56
Operating Expenses	704.1	691.44	585.22	565.75	478.56
Operating Income	767.67	865.84	1,025	1,355	754.15
Interest Expense	-30.66	-35.67	-2.39	-1.86	-1.87
Interest & Investment Income	224.12	257.59	223.27	109.44	84.26
Other Non Operating Income (Expenses)	-1.12	-2.89	-1.21	-1.35	-0.54
EBT Excluding Unusual Items	960.02	1,085	1,245	1,461	836
Gain (Loss) on Sale of Assets	-	-	-	155.56	-
Pretax Income	960.02	1,085	1,245	1,616	836
Income Tax Expense	201.96	244.31	280.5	378.19	162.85
Earnings From Continuing Operations	758.06	840.56	964.24	1,238	673.15
Minority Interest in Earnings	-99.34	-57.42	-81.68	-207.82	-88.1
Net Income	658.72	783.14	882.56	1,030	585.05
Net Income to Common	658.72	783.14	882.56	1,030	585.05
Net Income Growth	-15.89%	-11.27%	-14.35%	76.12%	19.50%
Shares Outstanding (Basic)	4,976	4,976	4,976	4,976	4,976
Shares Outstanding (Diluted)	4,976	4,976	4,976	4,976	4,976
EPS (Basic)	0.13	0.16	0.18	0.21	0.12
EPS (Diluted)	0.13	0.16	0.18	0.21	0.12
EPS Growth	-17.39%	-11.27%	-14.35%	76.12%	19.50%
Free Cash Flow	394.96	488.74	481.61	670.66	468.47
Free Cash Flow Per Share	0.08	0.10	0.10	0.14	0.09
Dividend Per Share	-	0.037	0.048	0.029	0.022
Dividend Growth	-	-21.38%	61.70%	35.95%	10.15%
Gross Margin	57.38%	67.11%	57.23%	61.53%	65.09%
Operating Margin	29.93%	37.31%	36.43%	43.41%	39.82%
Profit Margin	25.68%	33.75%	31.36%	33.02%	30.89%
Free Cash Flow Margin	15.40%	21.06%	17.11%	21.49%	24.74%
EBITDA	820.98	920.3	1,079	1,408	810.08
EBITDA Margin	32.01%	39.66%	38.34%	45.13%	42.77%
D&A For EBITDA	53.3	54.46	53.79	53.64	55.93
EBIT	767.67	865.84	1,025	1,355	754.15
EBIT Margin	29.93%	37.31%	36.43%	43.41%	39.82%
Effective Tax Rate	21.04%	22.52%	22.54%	23.40%	19.48%
Revenue as Reported	2,789	2,578	3,037	3,386	1,978
Advertising Expenses	2.89	2.16	1.57	1.28	2.15

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