Manila Broadcasting Company (PSE:MBC)

PSE:MBC 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,354	1,103	1,038	1,218	992.87	889.27
Revenue Growth (YoY)	27.82%	6.25%	-14.74%	22.68%	11.65%	-18.99%
Cost of Revenue	657	581.28	678.78	751.26	640.88	530.83
Gross Profit	696.65	522.11	359.69	466.77	351.99	358.44
Selling, General & Admin	481.15	365.63	302.64	307	266.58	209.7
Other Operating Expenses	-1.57	-1.57	-69.44	-48.39	-52.99	-11.03
Operating Expenses	515.53	400.01	249.52	280.97	241.1	229.85
Operating Income	181.12	122.1	110.17	185.79	110.89	128.59
Interest Expense	-42.06	-39.38	-27.29	-24.41	-23.2	-26.78
Interest & Investment Income	3.77	6.8	1.3	0.24	0.25	1.15
Other Non Operating Income (Expenses)	13.46	13.77	5.12	8.99	11.8	8.01
EBT Excluding Unusual Items	156.28	103.29	89.3	170.61	99.74	110.96
Asset Writedown	-	-	-5.27	-	-	-
Pretax Income	156.28	103.29	84.04	170.61	136.03	145.98
Income Tax Expense	35.41	22.14	28.23	69.04	53.84	52.05
Earnings From Continuing Operations	120.88	81.15	55.8	101.56	82.19	93.92
Minority Interest in Earnings	2.13	2.13	3.94	11.74	13.59	10.91
Net Income	123	83.27	59.74	113.3	95.79	104.83
Net Income to Common	123	83.27	59.74	113.3	95.79	104.83
Net Income Growth	200.09%	39.39%	-47.27%	18.28%	-8.63%	-2.03%
Shares Outstanding (Basic)	403	403	403	403	403	403
Shares Outstanding (Diluted)	403	403	403	403	403	403
EPS (Basic)	0.31	0.21	0.15	0.28	0.24	0.26
EPS (Diluted)	0.31	0.21	0.15	0.28	0.24	0.26
EPS Growth	202.98%	39.39%	-47.27%	18.28%	-8.63%	-2.03%
Free Cash Flow	70.42	6.62	33.45	173.98	102.48	31.3
Free Cash Flow Per Share	0.17	0.02	0.08	0.43	0.26	0.08
Gross Margin	51.46%	47.32%	34.64%	38.32%	35.45%	40.31%
Operating Margin	13.38%	11.07%	10.61%	15.25%	11.17%	14.46%
Profit Margin	9.09%	7.55%	5.75%	9.30%	9.65%	11.79%
Free Cash Flow Margin	5.20%	0.60%	3.22%	14.28%	10.32%	3.52%
EBITDA	243.29	168.07	162.66	253.44	190.45	208.81
EBITDA Margin	17.97%	15.23%	15.66%	20.81%	19.18%	23.48%
D&A For EBITDA	62.17	45.97	52.49	67.64	79.56	80.22
EBIT	181.12	122.1	110.17	185.79	110.89	128.59
EBIT Margin	13.38%	11.07%	10.61%	15.25%	11.17%	14.46%
Effective Tax Rate	22.66%	21.44%	33.60%	40.47%	39.58%	35.66%
Advertising Expenses	-	15.25	15.39	7.63	6.08	3.48

Updated Nov 15, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.