Global-Estate Resorts Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	7,522	7,674	7,819	6,915	4,404
Other Revenue	276.46	40.9	72.57	68.72	148.53
Revenue	7,799	7,715	7,891	6,983	4,552
Revenue Growth (YoY)	1.09%	-2.23%	13.00%	53.41%	-6.59%
Cost of Revenue	2,747	3,323	3,462	2,656	2,049
Gross Profit	5,052	4,392	4,429	4,328	2,504
Selling, General & Admin	10.92	9.91	8.64	6.48	39.91
Other Operating Expenses	2,190	2,020	1,571	1,488	1,009
Operating Expenses	2,201	2,030	1,580	1,494	1,049
Operating Income	2,852	2,362	2,849	2,834	1,454
Interest Expense	-346.41	-335.66	-88.85	-92.27	-109.05
Interest & Investment Income	760.51	871.83	256.24	244.53	177.93
Currency Exchange Gain (Loss)	0.65	2.24	7.87	29.53	15.26
Other Non Operating Income (Expenses)	-365.59	-194.32	-97.52	-228.75	133.42
EBT Excluding Unusual Items	2,901	2,706	2,927	2,787	1,672
Pretax Income	2,901	2,706	2,927	2,787	1,672
Income Tax Expense	644.45	549.54	816.76	702.8	177.04
Earnings From Continuing Operations	2,256	2,157	2,110	2,084	1,495
Minority Interest in Earnings	-331.76	-376.09	-269.79	-294.41	-183.41
Net Income	1,925	1,781	1,840	1,789	1,311
Net Income to Common	1,925	1,781	1,840	1,789	1,311
Net Income Growth	8.09%	-3.24%	2.84%	36.46%	20.65%
Shares Outstanding (Basic)	10,986	10,986	10,986	10,986	10,986
Shares Outstanding (Diluted)	10,986	10,986	11,009	11,036	11,086
Shares Change (YoY)	-	-0.21%	-0.25%	-0.45%	-0.89%
EPS (Basic)	0.18	0.16	0.17	0.16	0.12
EPS (Diluted)	0.17	0.16	0.17	0.16	0.12
EPS Growth	8.03%	-2.99%	3.09%	37.29%	21.65%
Free Cash Flow	1,139	1,159	-1,571	-1,423	23.89
Free Cash Flow Per Share	0.10	0.11	-0.14	-0.13	0.00
Dividend Per Share	-	-	-	0.011	-
Gross Margin	64.78%	56.93%	56.12%	61.97%	55.00%
Operating Margin	36.56%	30.62%	36.10%	40.58%	31.95%
Profit Margin	24.68%	23.08%	23.32%	25.62%	28.81%
Free Cash Flow Margin	14.61%	15.03%	-19.90%	-20.38%	0.53%
EBITDA	3,157	2,672	3,128	3,161	1,811
EBITDA Margin	40.48%	34.64%	39.64%	45.26%	39.77%
D&A For EBITDA	305.37	310.17	278.71	327	356.42
EBIT	2,852	2,362	2,849	2,834	1,454
EBIT Margin	36.56%	30.62%	36.10%	40.58%	31.95%
Effective Tax Rate	22.22%	20.31%	27.91%	25.22%	10.59%
Revenue as Reported	8,938	8,887	8,339	7,330	4,986
Advertising Expenses	39.85	35.69	30.7	24.8	21.35

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