D.M. Wenceslao & Associates, Incorporated (PSE: DMW)

DMW 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	2,989	2,588	2,174	1,992	1,960	1,959
Other Revenue	6,533	7,135	2,057	1,484	800.11	1,561
Total Revenue	9,521	9,724	4,231	3,476	2,760	3,519
Revenue Growth (YoY	145.41%	129.81%	21.71%	25.94%	-21.57%	63.04%
Property Expenses	956.11	1,172	977.51	601.09	668.66	698.3
Selling, General & Administrative	892.14	909.73	630.93	464.73	496.44	598.47
Other Operating Expenses	-104.32	-117.05	-114.41	-103.68	-137.89	-52.19
Total Operating Expenses	1,744	1,965	1,494	962.13	1,027	1,245
Operating Income	7,777	7,759	2,737	2,514	1,733	2,275
Interest Expense	-125.38	-49.79	-53.68	-36.59	-36.03	-93.53
Interest & Investment Income	202.94	148.06	56.32	17.75	91.62	298.39
Currency Exchange Gain (Loss)	-0.06	-0.06	3.04	1.29	-0.7	-0.18
Other Non-Operating Income	-6.69	-6.69	-10.4	-13.79	995.85	847.25
EBT Excluding Unusual Items	7,848	7,850	2,733	2,483	2,784	3,327
Gain (Loss) on Sale of Investments	-1.52	-1.52	-0.33	-2.07	2.79	0.42
Gain (Loss) on Sale of Assets	8.75	-	-	-	-	-
Pretax Income	7,855	7,849	2,732	2,481	2,787	3,327
Income Tax Expense	505.88	519.24	590.23	389.95	622.49	1,075
Earnings From Continuing Operations	7,349	7,329	2,142	2,091	2,164	2,252
Minority Interest in Earnings	-43.18	-28.47	-20.32	-21.24	-33.48	122.07
Net Income	7,306	7,301	2,122	2,070	2,131	2,374
Net Income to Common	7,306	7,301	2,122	2,070	2,131	2,374
Net Income Growth	329.85%	244.12%	2.51%	-2.86%	-10.25%	24.21%
Basic Shares Outstanding	3,396	3,396	3,396	3,396	3,396	3,396
Diluted Shares Outstanding	3,396	3,396	3,396	3,396	3,396	3,396
Shares Change (YoY)	0.38%	-	-	-	-	11.11%
EPS (Basic)	2.15	2.15	0.62	0.61	0.63	0.70
EPS (Diluted)	2.15	2.15	0.62	0.61	0.63	0.70
EPS Growth	327.91%	244.12%	2.51%	-2.86%	-10.25%	11.79%
Dividend Per Share	0.079	0.079	0.075	0.061	0.047	0.047
Dividend Growth	5.33%	5.33%	22.91%	29.79%	0%	-
Operating Margin	81.68%	79.79%	64.69%	72.32%	62.79%	64.64%
Profit Margin	76.74%	75.08%	50.14%	59.53%	77.19%	67.46%
Free Cash Flow Margin	8.80%	11.61%	35.64%	23.06%	24.06%	99.37%
EBITDA	8,103	8,023	2,976	2,658	1,881	2,418
EBITDA Margin	85.10%	82.51%	70.34%	76.47%	68.16%	68.72%
D&A For Ebitda	325.26	264.66	239.1	144.17	148.18	143.59
EBIT	7,777	7,759	2,737	2,514	1,733	2,275
EBIT Margin	81.68%	79.79%	64.69%	72.32%	62.79%	64.64%
Effective Tax Rate	6.44%	6.62%	21.60%	15.72%	22.34%	32.32%
Revenue as Reported	3,903	4,099	4,220	3,447	2,734	3,513

Source: S&P Capital IQ. Real Estate template. Financial Sources.