Max's Group, Inc. (PSE: MAXS)

Max's Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	11,966	11,966	10,983	7,640	7,144	14,401
Revenue Growth (YoY)	0.98%	8.95%	43.76%	6.94%	-50.39%	5.25%
Cost of Revenue	8,114	8,061	7,214	5,309	6,113	10,478
Gross Profit	3,852	3,905	3,770	2,331	1,031	3,924
Selling, General & Admin	2,983	2,929	2,603	2,328	2,349	3,048
Other Operating Expenses	88.07	88.07	88.65	46.04	45.87	90.73
Operating Expenses	3,071	3,017	2,691	2,374	2,395	3,139
Operating Income	781.4	888.21	1,078	-43.93	-1,365	784.97
Interest Expense	-303.8	-318.31	-288.78	-274.95	-345.76	-320.36
Interest & Investment Income	2.62	2.62	1.32	0.42	1.06	1.68
Other Non Operating Income (Expenses)	146.13	94.75	20.6	92.49	100.31	202.34
EBT Excluding Unusual Items	626.34	667.27	811.41	-225.97	-1,609	668.62
Merger & Restructuring Charges	-	-	-	-	-1,038	-
Gain (Loss) on Sale of Assets	-6.93	48.61	-30.28	439.15	4.52	327.6
Asset Writedown	-	-	-41.06	-	-	-
Other Unusual Items	-	-	114.97	321.55	358.08	-
Pretax Income	619.42	715.88	855.04	534.72	-2,284	996.22
Income Tax Expense	215.41	229.89	233.33	83.74	-603	272
Earnings From Continuing Operations	404	485.99	621.71	450.98	-1,681	724.23
Minority Interest in Earnings	-0.34	-0.18	-3.58	-0.88	6.13	-3.27
Net Income	403.66	485.82	618.12	450.11	-1,675	720.96
Net Income to Common	403.66	485.82	618.12	450.11	-1,675	720.96
Net Income Growth	-30.74%	-21.40%	37.33%	-	-	16.34%
Shares Outstanding (Basic)	780	780	779	779	779	780
Shares Outstanding (Diluted)	780	780	779	779	779	780
Shares Change (YoY)	0.02%	0.02%	-	0.00%	-0.09%	-0.01%
EPS (Basic)	0.52	0.62	0.79	0.58	-2.15	0.92
EPS (Diluted)	0.52	0.62	0.79	0.58	-2.15	0.92
EPS Growth	-30.32%	-21.42%	37.33%	-	-	16.35%
Free Cash Flow	615.75	720.47	1,074	493.45	-141.51	695.85
Free Cash Flow Per Share	0.79	0.92	1.38	0.63	-0.18	0.89
Dividend Per Share	0.169	0.169	0.193	-	-	0.175
Dividend Growth	-12.42%	-12.42%	-	-	-	20.69%
Gross Margin	32.19%	32.64%	34.32%	30.50%	14.43%	27.25%
Operating Margin	6.53%	7.42%	9.82%	-0.57%	-19.10%	5.45%
Profit Margin	3.37%	4.06%	5.63%	5.89%	-23.45%	5.01%
Free Cash Flow Margin	5.15%	6.02%	9.78%	6.46%	-1.98%	4.83%
EBITDA	907.43	1,301	1,474	368.16	-898.07	1,295
EBITDA Margin	7.58%	10.87%	13.42%	4.82%	-12.57%	8.99%
D&A For EBITDA	126.03	412.85	395.27	412.08	466.51	509.57
EBIT	781.4	888.21	1,078	-43.93	-1,365	784.97
EBIT Margin	6.53%	7.42%	9.82%	-0.57%	-19.10%	5.45%
Effective Tax Rate	34.78%	32.11%	27.29%	15.66%	-	27.30%
Revenue as Reported	11,966	11,966	10,983	7,640	7,144	14,401

Source: S&P Capital IQ. Standard template. Financial Sources.