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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	12,033	11,966	10,983	7,640	7,144	14,401
Revenue Growth (YoY)	0.52%	8.95%	43.76%	6.94%	-50.39%	5.25%
Cost of Revenue	8,282	8,061	7,214	5,309	6,113	10,478
Gross Profit	3,751	3,905	3,770	2,331	1,031	3,924
Selling, General & Admin	2,969	2,929	2,603	2,328	2,349	3,048
Other Operating Expenses	12.92	88.07	88.65	46.04	45.87	90.73
Operating Expenses	2,981	3,017	2,691	2,374	2,395	3,139
Operating Income	769.36	888.21	1,078	-43.93	-1,365	784.97
Interest Expense	-290.91	-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)	94.75	94.75	20.6	92.49	100.31	202.34
EBT Excluding Unusual Items	575.82	667.27	811.41	-225.97	-1,609	668.62
Merger & Restructuring Charges	-	-	-	-	-1,038	-
Gain (Loss) on Sale of Assets	-5.91	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	569.91	715.88	855.04	534.72	-2,284	996.22
Income Tax Expense	212.14	229.89	233.33	83.74	-603	272
Earnings From Continuing Operations	357.77	485.99	621.71	450.98	-1,681	724.23
Minority Interest in Earnings	-0.52	-0.18	-3.58	-0.88	6.13	-3.27
Net Income	357.25	485.82	618.12	450.11	-1,675	720.96
Net Income to Common	357.25	485.82	618.12	450.11	-1,675	720.96
Net Income Growth	-29.32%	-21.40%	37.33%	-	-	16.34%
Shares Outstanding (Basic)	779	780	779	779	779	780
Shares Outstanding (Diluted)	779	780	779	779	779	780
Shares Change (YoY)	-0.05%	0.02%	-	0.00%	-0.09%	-0.01%
EPS (Basic)	0.46	0.62	0.79	0.58	-2.15	0.92
EPS (Diluted)	0.46	0.62	0.79	0.58	-2.15	0.92
EPS Growth	-28.68%	-21.42%	37.33%	-	-	16.35%
Free Cash Flow	584.74	720.47	1,074	493.45	-141.51	695.85
Free Cash Flow Per Share	0.75	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	31.17%	32.64%	34.32%	30.50%	14.43%	27.25%
Operating Margin	6.39%	7.42%	9.82%	-0.57%	-19.10%	5.45%
Profit Margin	2.97%	4.06%	5.63%	5.89%	-23.45%	5.01%
Free Cash Flow Margin	4.86%	6.02%	9.78%	6.46%	-1.98%	4.83%
EBITDA	1,167	1,301	1,474	368.16	-898.07	1,295
EBITDA Margin	9.70%	10.87%	13.42%	4.82%	-12.57%	8.99%
D&A For EBITDA	398.11	412.85	395.27	412.08	466.51	509.57
EBIT	769.36	888.21	1,078	-43.93	-1,365	784.97
EBIT Margin	6.39%	7.42%	9.82%	-0.57%	-19.10%	5.45%
Effective Tax Rate	37.22%	32.11%	27.29%	15.66%	-	27.30%
Revenue as Reported	12,033	11,966	10,983	7,640	7,144	14,401

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