Filinvest 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	57,930	58,021	60,030	48,849	39,156	32,543
Other Revenue	63,335	61,768	52,745	43,336	31,475	29,777
Revenue	121,265	119,789	112,775	92,185	70,630	62,320
Revenue Growth (YoY)	4.93%	6.22%	22.34%	30.52%	13.33%	-10.38%
Cost of Revenue	31,061	31,766	36,368	30,326	24,366	19,772
Gross Profit	39,545	39,243	35,552	28,334	21,832	19,907
Selling, General & Admin	8,591	8,562	8,632	7,559	6,739	5,757
Other Operating Expenses	962.21	941.07	655.62	1,200	219.65	104.24
Operating Expenses	9,553	9,503	9,287	8,758	6,959	5,861
Operating Income	29,992	29,740	26,264	19,575	14,873	14,045
Interest Expense	-6,380	-6,380	-6,216	-4,508	-4,460	-4,702
Interest & Investment Income	423.81	423.81	503.35	563.34	378.31	487.72
Earnings From Equity Investments	195.18	195.18	3.32	-21.83	-99.64	-2.24
Other Non Operating Income (Expenses)	270.07	270.07	-	-	-	-
EBT Excluding Unusual Items	24,500	24,249	20,555	15,608	10,692	9,829
Gain (Loss) on Sale of Investments	-	-	-	-106.88	-	-
Pretax Income	24,500	24,249	20,555	15,501	10,692	9,829
Income Tax Expense	5,290	5,372	4,857	3,364	2,389	943.43
Earnings From Continuing Operations	19,210	18,876	15,698	12,137	8,303	8,886
Minority Interest in Earnings	-3,912	-3,868	-3,567	-3,189	-2,652	-2,820
Net Income	15,298	15,008	12,131	8,947	5,651	6,066
Preferred Dividends & Other Adjustments	139.38	139.38	-	-	-	-
Net Income to Common	15,159	14,868	12,131	8,947	5,651	6,066
Net Income Growth	18.99%	23.71%	35.58%	58.34%	-6.84%	-28.31%
Shares Outstanding (Basic)	8,730	8,648	8,648	8,648	8,648	8,648
Shares Outstanding (Diluted)	8,730	8,648	8,648	8,648	8,648	8,648
Shares Change (YoY)	0.93%	-	-	-	-	-
EPS (Basic)	1.74	1.72	1.40	1.03	0.65	0.70
EPS (Diluted)	1.74	1.72	1.40	1.03	0.65	0.70
EPS Growth	16.86%	22.56%	35.58%	58.34%	-6.84%	-28.31%
Dividend Per Share	-	-	0.140	0.103	0.065	0.070
Dividend Growth	-	-	35.58%	58.34%	-6.84%	-28.43%
Gross Margin	32.61%	32.76%	31.52%	30.73%	30.91%	31.94%
Operating Margin	24.73%	24.83%	23.29%	21.23%	21.06%	22.54%
Profit Margin	12.50%	12.41%	10.76%	9.71%	8.00%	9.73%
EBITDA	34,377	34,160	30,263	24,779	20,242	19,836
EBITDA Margin	28.35%	28.52%	26.83%	26.88%	28.66%	31.83%
D&A For EBITDA	4,386	4,420	3,998	5,204	5,369	5,790
EBIT	29,992	29,740	26,264	19,575	14,873	14,045
EBIT Margin	24.73%	24.83%	23.29%	21.23%	21.06%	22.54%
Effective Tax Rate	21.59%	22.16%	23.63%	21.70%	22.34%	9.60%
Revenue as Reported	122,051	120,574	113,446	92,842	71,124	62,907
Advertising Expenses	-	1,738	970.46	919.96	430.73	364.47

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