Filinvest REIT Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Rental Revenue	2,625	2,191	2,311	2,460	2,519	2,833
Other Revenue	647.88	652.25	678.58	779.66	922.72	1,025
Total Revenue	3,272	2,844	2,990	3,240	3,442	3,859
Revenue Growth (YoY	16.33%	-4.88%	-7.71%	-5.88%	-10.80%	3.38%
Property Expenses	569.65	525.14	498.76	520.61	483.96	434.36
Selling, General & Administrative	426.84	408.58	416.77	475.94	374.19	375.8
Depreciation & Amortization	232.17	-5.55	-75.91	36.36	42.66	486.07
Other Operating Expenses	313.35	310.09	416.82	313.74	291.5	296.96
Total Operating Expenses	1,542	1,238	1,256	1,347	1,192	1,593
Operating Income	1,730	1,605	1,733	1,893	2,250	2,266
Interest Expense	-408.87	-430.18	-422.02	-322.51	-348.23	-351.36
Interest & Investment Income	30.18	45.86	43.47	29.75	9.99	3.91
Other Non-Operating Income	-0.3	-0.05	-0.23	-0.72	-19.26	-11.35
EBT Excluding Unusual Items	1,351	1,221	1,354	1,599	1,892	1,907
Gain (Loss) on Sale of Assets	-	-	-	-	-	65.04
Asset Writedown	413.77	413.75	390.39	-2,260	9,722	-
Other Unusual Items	-	-	-	-	189.18	5.84
Pretax Income	1,765	1,635	1,745	-660.75	11,803	1,978
Income Tax Expense	-	-	-	-	-152	116.89
Net Income	1,765	1,635	1,745	-660.75	11,955	1,861
Net Income to Common	1,765	1,635	1,745	-660.75	11,955	1,861
Net Income Growth	11.73%	-6.31%	-	-	542.46%	13.86%
Basic Shares Outstanding	5,451	4,893	4,893	4,893	4,893	2,327
Diluted Shares Outstanding	5,451	4,893	4,893	4,893	4,893	2,327
Shares Change (YoY)	11.41%	-	-	-	110.27%	-35.54%
EPS (Basic)	0.32	0.33	0.36	-0.14	2.44	0.80
EPS (Diluted)	0.32	0.33	0.36	-0.14	2.44	0.80
EPS Growth	0.29%	-6.31%	-	-	205.53%	76.63%
Dividend Per Share	0.243	0.248	0.280	0.363	0.336	-
Dividend Growth	-3.95%	-11.43%	-22.86%	8.04%	-	-
Operating Margin	52.88%	56.45%	57.97%	58.43%	65.36%	58.71%
Profit Margin	53.94%	57.49%	58.36%	-20.40%	347.33%	48.22%
EBITDA	-	-	2,136	2,305	2,665	2,752
EBITDA Margin	-	-	71.45%	71.15%	77.41%	71.31%
D&A For Ebitda	-	-	402.93	412.02	414.88	486.07
EBIT	1,730	1,605	1,733	1,893	2,250	2,266
EBIT Margin	52.88%	56.45%	57.97%	58.43%	65.36%	58.71%
Effective Tax Rate	-	-	-	-	-	5.91%
Revenue as Reported	3,272	2,844	2,990	3,240	3,442	3,882

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.