IPM Holdings, Inc. (PSE:IPM)

IPM Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	265.64	208.25	193.76	307.7	275.34
Other Revenue	0.03	1.21	91.79	54.08	55.08
Revenue	265.67	209.46	285.55	361.78	330.42
Revenue Growth (YoY)	26.83%	-26.65%	-21.07%	9.49%	11.55%
Cost of Revenue	174.85	119.84	110	223.92	206.89
Gross Profit	90.82	89.63	175.56	137.86	123.53
Selling, General & Admin	98.04	83.88	78.31	84.78	53.61
Other Operating Expenses	-	-1.28	-2.18	-	-
Operating Expenses	98.04	130.51	78.68	84.78	53.61
Operating Income	-7.22	-40.89	96.88	53.08	69.92
Interest Expense	-10.56	-3.56	-7.3	-7.28	-5.19
Earnings From Equity Investments	-59	-16.66	-	-	-
Other Non Operating Income (Expenses)	-1.07	-	-	-	-
Pretax Income	-77.85	-61.11	89.58	45.8	64.73
Income Tax Expense	-0.17	-5.33	8.43	4.25	4.74
Earnings From Continuing Operations	-77.68	-55.78	81.15	41.55	59.99
Minority Interest in Earnings	18.35	12.95	-21.34	-11.27	-15.88
Net Income	-59.33	-42.83	59.81	30.28	44.11
Net Income to Common	-59.33	-42.83	59.81	30.28	44.11
Net Income Growth	-	-	97.50%	-31.35%	36.50%
Shares Outstanding (Basic)	690	690	690	690	690
Shares Outstanding (Diluted)	690	690	690	690	690
EPS (Basic)	-0.09	-0.06	0.09	0.04	0.06
EPS (Diluted)	-0.09	-0.06	0.09	0.04	0.06
EPS Growth	-	-	97.50%	-26.85%	28.11%
Free Cash Flow	128.94	175.33	25.46	12.6	-20.91
Free Cash Flow Per Share	0.19	0.25	0.04	0.02	-0.03
Gross Margin	34.19%	42.79%	61.48%	38.11%	37.39%
Operating Margin	-2.72%	-19.52%	33.93%	14.67%	21.16%
Profit Margin	-22.33%	-20.45%	20.95%	8.37%	13.35%
Free Cash Flow Margin	48.53%	83.71%	8.92%	3.48%	-6.33%
EBITDA	39.39	-15.25	133.99	90.67	98.05
EBITDA Margin	14.83%	-7.28%	46.92%	25.06%	29.67%
D&A For EBITDA	46.61	25.63	37.11	37.58	28.13
EBIT	-7.22	-40.89	96.88	53.08	69.92
EBIT Margin	-2.72%	-19.52%	33.93%	14.67%	21.16%
Effective Tax Rate	-	-	9.41%	9.29%	7.32%
Revenue as Reported	265.67	210.74	287.73	361.78	330.42
Advertising Expenses	5.55	2.65	1.57	0.22	0.82

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