Filinvest Development Corporation (PSE: FDC)

Filinvest 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	58,080	45,993	37,227	31,337	30,357	43,687
Other Revenue	56,116	46,052	33,386	30,978	39,185	40,930
Revenue	114,196	92,045	70,613	62,314	69,542	84,616
Revenue Growth (YoY)	36.00%	30.35%	13.32%	-10.39%	-17.81%	17.28%
Cost of Revenue	38,218	30,368	24,414	19,772	16,846	24,682
Gross Profit	35,115	28,150	21,766	19,901	22,521	31,460
Selling, General & Admin	8,749	7,518	6,685	5,757	6,892	7,317
Other Operating Expenses	222.05	819.93	219.65	104.24	815.39	-71.25
Operating Expenses	8,971	8,337	6,910	5,861	7,707	7,266
Operating Income	26,144	19,813	14,856	14,039	14,814	24,194
Interest Expense	-6,624	-5,115	-4,460	-4,702	-5,600	-4,445
Interest & Investment Income	645.53	559.53	378.04	487.72	525.81	580.03
Earnings From Equity Investments	99.59	99.59	-99.64	-2.24	27.55	-18.72
Other Non Operating Income (Expenses)	144.54	144.54	17.53	5.87	33.84	0.36
EBT Excluding Unusual Items	20,408	15,501	10,692	9,829	9,801	20,311
Gain (Loss) on Sale of Assets	-	-	-	-	2,966	-
Asset Writedown	-	-	-	-	-14.33	-43.49
Pretax Income	20,408	15,501	10,692	9,829	12,753	20,267
Income Tax Expense	4,500	3,364	2,389	943.43	1,247	4,385
Earnings From Continuing Operations	15,908	12,137	8,303	8,886	11,505	15,882
Minority Interest in Earnings	-3,440	-3,189	-2,652	-2,820	-3,044	-3,912
Net Income	12,468	8,947	5,651	6,066	8,461	11,970
Net Income to Common	12,468	8,947	5,651	6,066	8,461	11,970
Net Income Growth	59.79%	58.34%	-6.84%	-28.31%	-29.32%	22.54%
Shares Outstanding (Basic)	8,648	8,648	8,648	8,648	8,648	8,648
Shares Outstanding (Diluted)	8,648	8,648	8,648	8,648	8,648	8,648
EPS (Basic)	1.44	1.03	0.65	0.70	0.98	1.38
EPS (Diluted)	1.44	1.03	0.65	0.70	0.98	1.38
EPS Growth	59.78%	58.34%	-6.84%	-28.31%	-29.32%	22.54%
Free Cash Flow	14,448	9,184	-23,894	44,684	66,115	15,096
Free Cash Flow Per Share	1.67	1.06	-2.76	5.17	7.64	1.75
Dividend Per Share	0.103	0.103	0.065	0.070	0.098	0.138
Dividend Growth	58.34%	58.34%	-6.84%	-28.43%	-29.19%	38.40%
Gross Margin	30.75%	30.58%	30.82%	31.94%	32.38%	37.18%
Operating Margin	22.89%	21.53%	21.04%	22.53%	21.30%	28.59%
Profit Margin	10.92%	9.72%	8.00%	9.73%	12.17%	14.15%
Free Cash Flow Margin	12.65%	9.98%	-33.84%	71.71%	95.07%	17.84%
EBITDA	30,908	23,831	18,174	19,830	19,913	27,555
EBITDA Margin	27.07%	25.89%	25.74%	31.82%	28.63%	32.56%
D&A For EBITDA	4,764	4,018	3,318	5,790	5,099	3,361
EBIT	26,144	19,813	14,856	14,039	14,814	24,194
EBIT Margin	22.89%	21.53%	21.04%	22.53%	21.30%	28.59%
Effective Tax Rate	22.05%	21.70%	22.34%	9.60%	9.78%	21.64%
Revenue as Reported	115,078	92,842	71,124	62,907	73,148	85,605
Advertising Expenses	-	919.99	430.73	364.47	634.62	708.16

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