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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	52,689	45,993	37,227	31,337	30,357	43,687
Other Revenue	52,219	46,052	33,386	30,978	39,185	40,930
Revenue	104,908	92,045	70,613	62,314	69,542	84,616
Revenue Growth (YoY)	30.98%	30.35%	13.32%	-10.39%	-17.81%	17.28%
Cost of Revenue	34,735	30,368	24,414	19,772	16,846	24,682
Gross Profit	31,875	28,150	21,766	19,901	22,521	31,460
Selling, General & Admin	8,544	7,518	6,685	5,757	6,892	7,317
Other Operating Expenses	276.29	819.93	219.65	104.24	815.39	-71.25
Operating Expenses	8,821	8,337	6,910	5,861	7,707	7,266
Operating Income	23,055	19,813	14,856	14,039	14,814	24,194
Interest Expense	-5,866	-5,115	-4,460	-4,702	-5,600	-4,445
Interest & Investment Income	535.71	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	17,972	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	17,972	15,501	10,692	9,829	12,753	20,267
Income Tax Expense	4,234	3,364	2,389	943.43	1,247	4,385
Earnings From Continuing Operations	13,738	12,137	8,303	8,886	11,505	15,882
Minority Interest in Earnings	-3,191	-3,189	-2,652	-2,820	-3,044	-3,912
Net Income	10,547	8,947	5,651	6,066	8,461	11,970
Net Income to Common	10,547	8,947	5,651	6,066	8,461	11,970
Net Income Growth	43.19%	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)	1.22	1.03	0.65	0.70	0.98	1.38
EPS (Diluted)	1.22	1.03	0.65	0.70	0.98	1.38
EPS Growth	43.24%	58.34%	-6.84%	-28.31%	-29.32%	22.54%
Free Cash Flow	9,359	9,184	-23,894	44,684	66,115	15,096
Free Cash Flow Per Share	1.08	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	30.38%	30.58%	30.82%	31.94%	32.38%	37.18%
Operating Margin	21.98%	21.53%	21.04%	22.53%	21.30%	28.59%
Profit Margin	10.05%	9.72%	8.00%	9.73%	12.17%	14.15%
Free Cash Flow Margin	8.92%	9.98%	-33.84%	71.71%	95.07%	17.84%
EBITDA	27,371	23,831	18,174	19,830	19,913	27,555
EBITDA Margin	26.09%	25.89%	25.74%	31.82%	28.63%	32.56%
D&A For EBITDA	4,316	4,018	3,318	5,790	5,099	3,361
EBIT	23,055	19,813	14,856	14,039	14,814	24,194
EBIT Margin	21.98%	21.53%	21.04%	22.53%	21.30%	28.59%
Effective Tax Rate	23.56%	21.70%	22.34%	9.60%	9.78%	21.64%
Revenue as Reported	105,685	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.