Lopez Holdings 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	166,975	167,110	164,952	170,338	125,159	107,281
Revenue Growth (YoY)	1.02%	1.31%	-3.16%	36.10%	16.66%	-19.70%
Selling, General & Admin	20,739	21,612	19,062	18,446	16,234	15,259
Other Operating Expenses	111,078	111,276	112,246	120,735	84,489	65,744
Total Operating Expenses	131,817	132,888	131,308	139,181	100,723	81,003
Operating Income	35,158	34,222	33,644	31,157	24,436	26,278
Interest Expense	-9,956	-9,198	-7,841	-6,328	-5,758	-6,952
Interest Income	2,753	3,129	5,193	2,783	2,332	2,927
Net Interest Expense	-7,203	-6,069	-2,648	-3,545	-3,426	-4,025
Income (Loss) on Equity Investments	383	-1,099	-5,128	-935	-2,848	-7,163
Currency Exchange Gain (Loss)	228	466	-17	103	95	351
Other Non-Operating Income (Expenses)	2,987	2,165	1,179	1,136	828	738
EBT Excluding Unusual Items	31,553	29,685	27,030	27,916	19,085	16,179
Gain (Loss) on Sale of Assets	-329	-329	52	58	14	62
Insurance Settlements	362	362	2,155	773	1,336	1,831
Legal Settlements	-8	-8	-8	-8	-8	-8
Other Unusual Items	-	-	-	-	-	5
Pretax Income	31,578	29,710	29,229	28,739	20,427	18,069
Income Tax Expense	6,329	6,552	5,694	6,347	4,282	4,887
Earnings From Continuing Ops.	25,249	23,158	23,535	22,392	16,145	13,182
Minority Interest in Earnings	-16,244	-16,815	-20,685	-16,953	-14,607	-15,807
Net Income	9,005	6,343	2,850	5,439	1,538	-2,625
Net Income to Common	9,005	6,343	2,850	5,439	1,538	-2,625
Net Income Growth	264.72%	122.56%	-47.60%	253.64%	-	-
Shares Outstanding (Basic)	3,807	3,824	3,830	3,830	4,008	4,544
Shares Outstanding (Diluted)	3,807	3,824	3,830	3,830	4,008	4,544
Shares Change (YoY)	-0.60%	-0.15%	-	-4.44%	-11.80%	-1.03%
EPS (Basic)	2.37	1.66	0.74	1.42	0.38	-0.58
EPS (Diluted)	2.37	1.66	0.74	1.42	0.38	-0.58
EPS Growth	269.57%	124.13%	-47.89%	270.08%	-	-
Free Cash Flow	13,240	-4,613	30,930	18,840	21,472	29,165
Free Cash Flow Per Share	3.48	-1.21	8.08	4.92	5.36	6.42
Dividend Per Share	0.100	0.100	0.100	0.100	0.050	0.100
Dividend Growth	-	-	-	100.00%	-50.00%	-
Profit Margin	5.39%	3.80%	1.73%	3.19%	1.23%	-2.45%
Free Cash Flow Margin	7.93%	-2.76%	18.75%	11.06%	17.16%	27.19%
EBITDA	51,913	50,045	47,706	44,599	37,052	39,814
EBITDA Margin	31.09%	29.95%	28.92%	26.18%	29.60%	37.11%
D&A For EBITDA	16,755	15,823	14,062	13,442	12,616	13,536
EBIT	35,158	34,222	33,644	31,157	24,436	26,278
EBIT Margin	21.06%	20.48%	20.40%	18.29%	19.52%	24.50%
Effective Tax Rate	20.04%	22.05%	19.48%	22.09%	20.96%	27.05%
Revenue as Reported	166,975	167,110	164,952	170,338	125,159	107,281

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