Cityland Development Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,471	2,144	1,862	2,398	2,745	1,475
Other Revenue	396.18	420.51	457.95	416.24	375.87	418.4
Revenue	2,867	2,565	2,320	2,814	3,121	1,894
Revenue Growth (YoY)	26.92%	10.53%	-17.54%	-9.83%	64.78%	18.28%
Cost of Revenue	1,151	1,093	763.12	1,204	1,200	661.17
Gross Profit	1,717	1,472	1,557	1,610	1,920	1,233
Selling, General & Admin	719.37	704.1	691.44	585.22	565.75	478.56
Operating Expenses	719.37	704.1	691.44	585.22	565.75	478.56
Operating Income	997.19	767.67	865.84	1,025	1,355	754.15
Interest Expense	-32.82	-30.66	-35.67	-2.39	-1.86	-1.87
Interest & Investment Income	224.12	224.12	257.59	223.27	109.44	84.26
Other Non Operating Income (Expenses)	-1.12	-1.12	-2.89	-1.21	-1.35	-0.54
EBT Excluding Unusual Items	1,187	960.02	1,085	1,245	1,461	836
Gain (Loss) on Sale of Assets	-	-	-	-	155.56	-
Pretax Income	1,187	960.02	1,085	1,245	1,616	836
Income Tax Expense	266.09	201.96	244.31	280.5	378.19	162.85
Earnings From Continuing Operations	921.29	758.06	840.56	964.24	1,238	673.15
Minority Interest in Earnings	-137.75	-99.34	-57.42	-81.68	-207.82	-88.1
Net Income	783.54	658.72	783.14	882.56	1,030	585.05
Net Income to Common	783.54	658.72	783.14	882.56	1,030	585.05
Net Income Growth	11.70%	-15.89%	-11.27%	-14.35%	76.12%	19.50%
Shares Outstanding (Basic)	4,581	4,976	4,976	4,976	4,976	4,976
Shares Outstanding (Diluted)	4,581	4,976	4,976	4,976	4,976	4,976
Shares Change (YoY)	-12.69%	-	-	-	-	-
EPS (Basic)	0.17	0.13	0.16	0.18	0.21	0.12
EPS (Diluted)	0.17	0.13	0.16	0.18	0.21	0.12
EPS Growth	26.02%	-17.39%	-11.27%	-14.35%	76.12%	19.50%
Free Cash Flow	191.37	394.96	488.74	481.61	670.66	468.47
Free Cash Flow Per Share	0.04	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	59.87%	57.38%	67.11%	57.23%	61.53%	65.09%
Operating Margin	34.78%	29.93%	37.31%	36.43%	43.41%	39.82%
Profit Margin	27.33%	25.68%	33.75%	31.36%	33.02%	30.89%
Free Cash Flow Margin	6.67%	15.40%	21.06%	17.11%	21.49%	24.74%
EBITDA	1,050	820.98	920.3	1,079	1,408	810.08
EBITDA Margin	36.61%	32.01%	39.66%	38.34%	45.13%	42.77%
D&A For EBITDA	52.68	53.3	54.46	53.79	53.64	55.93
EBIT	997.19	767.67	865.84	1,025	1,355	754.15
EBIT Margin	34.78%	29.93%	37.31%	36.43%	43.41%	39.82%
Effective Tax Rate	22.41%	21.04%	22.52%	22.54%	23.40%	19.48%
Revenue as Reported	3,092	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.