Empire East Land Holdings, Inc. (PSE:ELI)

Empire East Land Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,454	3,412	4,142	3,919	3,750	4,431
Other Revenue	91.61	91.61	115.12	158.74	262.37	239.21
Revenue	3,546	3,504	4,257	4,078	4,013	4,670
Revenue Growth (YoY)	-17.34%	-17.70%	4.40%	1.63%	-14.07%	-0.34%
Cost of Revenue	2,360	2,329	2,732	2,472	2,473	2,872
Gross Profit	1,186	1,175	1,525	1,606	1,539	1,798
Selling, General & Admin	911.74	800.75	748.09	669.84	720.1	786.69
Other Operating Expenses	-133.41	-133.41	-139.93	34.36	138.2	91.75
Operating Expenses	832.55	721.56	669.83	751.03	927.77	1,029
Operating Income	353.19	453.18	855.42	854.83	611.65	769
Interest Expense	-419.42	-479.28	-387.69	-392.81	-	-324.05
Interest & Investment Income	813.86	733.51	465.86	373.43	307.78	264.69
Earnings From Equity Investments	0.33	0.4	0.13	0.19	4.07	-6.59
Currency Exchange Gain (Loss)	7.27	7.27	0.32	0.17	0.03	-0.59
Other Non Operating Income (Expenses)	172.88	172.88	121.26	117.78	-258.76	76.44
EBT Excluding Unusual Items	928.11	887.95	1,055	953.59	664.77	778.91
Impairment of Goodwill	-	-	-77.35	-	-	-
Gain (Loss) on Sale of Assets	0.13	0.13	-	2.99	-	-
Asset Writedown	-	-	-	-	-47.39	-
Pretax Income	928.24	888.09	977.94	956.58	617.38	778.91
Income Tax Expense	221.1	207.8	220	241.2	-179.71	253.96
Earnings From Continuing Operations	707.14	680.28	757.94	715.38	797.09	524.94
Minority Interest in Earnings	7.2	6.84	7.84	4.84	8.68	6.49
Net Income	714.34	687.12	765.78	720.21	805.77	531.43
Net Income to Common	714.34	687.12	765.78	720.21	805.77	531.43
Net Income Growth	-8.69%	-10.27%	6.33%	-10.62%	51.62%	-14.56%
Shares Outstanding (Basic)	14,676	14,676	14,676	14,676	14,676	14,676
Shares Outstanding (Diluted)	14,676	14,676	14,676	14,676	14,676	14,676
EPS (Basic)	0.05	0.05	0.05	0.05	0.05	0.04
EPS (Diluted)	0.05	0.05	0.05	0.05	0.05	0.04
EPS Growth	-10.29%	-10.27%	6.33%	-10.62%	51.62%	-14.56%
Free Cash Flow	336.22	-537.64	543.25	423.46	1,339	1,117
Free Cash Flow Per Share	0.02	-0.04	0.04	0.03	0.09	0.08
Gross Margin	33.44%	33.53%	35.83%	39.38%	38.36%	38.50%
Operating Margin	9.96%	12.93%	20.09%	20.96%	15.24%	16.47%
Profit Margin	20.15%	19.61%	17.99%	17.66%	20.08%	11.38%
Free Cash Flow Margin	9.48%	-15.34%	12.76%	10.38%	33.38%	23.91%
EBITDA	380.81	491.43	896.48	895.46	665.88	827.52
EBITDA Margin	10.74%	14.03%	21.06%	21.96%	16.59%	17.72%
D&A For EBITDA	27.62	38.26	41.07	40.62	54.23	58.52
EBIT	353.19	453.18	855.42	854.83	611.65	769
EBIT Margin	9.96%	12.93%	20.09%	20.96%	15.24%	16.47%
Effective Tax Rate	23.82%	23.40%	22.50%	25.21%	-	32.61%
Revenue as Reported	5,073	4,951	5,203	4,707	4,535	5,110
Advertising Expenses	-	75.21	71.3	112.14	186.76	198.65

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