GMA Network, Inc. (PSE:GMA7)

GMA Network Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	19,060	17,565	18,637	21,564	22,450	19,336
Revenue Growth (YoY)	9.77%	-5.75%	-13.57%	-3.95%	16.11%	17.23%
Cost of Revenue	9,016	8,592	8,665	7,999	6,632	5,172
Gross Profit	10,044	8,972	9,973	13,565	15,818	14,163
Selling, General & Admin	6,171	5,507	5,276	5,665	5,177	4,728
Research & Development	60.31	118.6	113.9	99.52	87.96	91.77
Amortization of Goodwill & Intangibles	9.5	27.21	40.5	58.26	49.71	40.26
Other Operating Expenses	138.54	312.1	235.74	395.26	235.51	182.1
Operating Expenses	6,486	6,243	5,927	6,426	5,924	5,607
Operating Income	3,559	2,729	4,046	7,139	9,895	8,557
Interest Expense	-178.62	-185.53	-131.13	-25.13	-48.69	-20.55
Interest & Investment Income	18.88	16.99	34.24	20.55	16.24	13.72
Earnings From Equity Investments	-1.56	-1.56	-10.34	-9.03	-1.05	3.91
Currency Exchange Gain (Loss)	28.01	3.34	-1.2	39.93	-51.86	-47.02
Other Non Operating Income (Expenses)	231.5	206.88	199	123.24	87.34	67.92
EBT Excluding Unusual Items	3,657	2,769	4,136	7,288	9,897	8,575
Gain (Loss) on Sale of Assets	7.58	19.9	40.46	31.76	50.52	17.25
Pretax Income	3,664	2,789	4,177	7,320	9,947	8,592
Income Tax Expense	934.18	723.83	1,015	1,863	2,378	2,584
Earnings From Continuing Operations	2,730	2,065	3,162	5,457	7,569	6,007
Minority Interest in Earnings	3.41	4.45	8.33	-14.17	-39.03	-22.75
Net Income	2,734	2,069	3,170	5,442	7,530	5,985
Preferred Dividends & Other Adjustments	203.92	638.09	977.51	1,678	2,323	1,847
Net Income to Common	2,530	1,431	2,193	3,764	5,207	4,138
Net Income Growth	29.70%	-34.72%	-41.75%	-27.73%	25.82%	128.55%
Shares Outstanding (Basic)	4,490	3,365	3,365	3,365	3,365	3,360
Shares Outstanding (Diluted)	5,240	4,865	4,865	4,865	4,862	4,860
Shares Change (YoY)	16.75%	-	-	0.05%	0.05%	-
EPS (Basic)	0.56	0.43	0.65	1.12	1.55	1.23
EPS (Diluted)	0.56	0.43	0.65	1.12	1.55	1.23
EPS Growth	35.96%	-34.72%	-41.75%	-27.71%	25.68%	128.55%
Free Cash Flow	4,608	1,880	2,594	6,012	8,363	2,086
Free Cash Flow Per Share	0.88	0.39	0.53	1.24	1.72	0.43
Dividend Per Share	0.500	0.500	0.600	1.100	1.450	1.350
Dividend Growth	-16.67%	-16.67%	-45.45%	-24.14%	7.41%	350.00%
Gross Margin	52.70%	51.08%	53.51%	62.90%	70.46%	73.25%
Operating Margin	18.67%	15.54%	21.71%	33.10%	44.07%	44.25%
Profit Margin	13.27%	8.15%	11.77%	17.46%	23.19%	21.40%
Free Cash Flow Margin	24.18%	10.70%	13.92%	27.88%	37.25%	10.79%
EBITDA	4,426	3,575	4,837	7,806	10,475	9,102
EBITDA Margin	23.22%	20.35%	25.95%	36.20%	46.66%	47.07%
D&A For EBITDA	867.77	845.95	791.36	667.42	580.66	545.58
EBIT	3,559	2,729	4,046	7,139	9,895	8,557
EBIT Margin	18.67%	15.54%	21.71%	33.10%	44.07%	44.25%
Effective Tax Rate	25.49%	25.96%	24.30%	25.46%	23.91%	30.08%
Advertising Expenses	-	162.94	187.55	170.05	117.27	84.87

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