PSE:MBC Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,362	1,407	1,103	1,038	1,218	992.87
Revenue Growth (YoY)	19.00%	27.52%	6.25%	-14.74%	22.68%	11.65%
Cost of Revenue	678.71	671.39	581.28	678.78	751.26	640.88
Gross Profit	683.07	735.67	522.11	359.69	466.77	351.99
Selling, General & Admin	363.72	405.72	365.63	302.64	307	266.58
Other Operating Expenses	35.62	35.62	-1.57	-69.44	-48.39	-52.99
Operating Expenses	516.1	558.1	400.01	249.52	280.97	241.1
Operating Income	166.98	177.58	122.1	110.17	185.79	110.89
Interest Expense	-20.74	-24.82	-39.38	-27.29	-24.41	-23.2
Interest & Investment Income	4.88	4.83	6.8	1.3	0.24	0.25
Other Non Operating Income (Expenses)	15.53	14.24	13.77	5.12	8.99	11.8
EBT Excluding Unusual Items	166.64	171.83	103.29	89.3	170.61	99.74
Asset Writedown	-	-	-	-5.27	-	-
Pretax Income	166.64	171.83	103.29	84.04	170.61	136.03
Income Tax Expense	37.31	38.95	22.14	28.23	69.04	53.84
Earnings From Continuing Operations	129.33	132.88	81.15	55.8	101.56	82.19
Minority Interest in Earnings	2.59	2.59	2.13	3.94	11.74	13.59
Net Income	131.92	135.47	83.27	59.74	113.3	95.79
Net Income to Common	131.92	135.47	83.27	59.74	113.3	95.79
Net Income Growth	30.52%	62.68%	39.39%	-47.27%	18.28%	-8.63%
Shares Outstanding (Basic)	406	403	403	403	403	403
Shares Outstanding (Diluted)	406	403	403	403	403	403
EPS (Basic)	0.33	0.34	0.21	0.15	0.28	0.24
EPS (Diluted)	0.33	0.34	0.21	0.15	0.28	0.24
EPS Growth	26.04%	62.68%	39.39%	-47.27%	18.28%	-8.63%
Free Cash Flow	5.41	44.92	6.62	33.45	173.98	102.48
Free Cash Flow Per Share	0.01	0.11	0.02	0.08	0.43	0.26
Gross Margin	50.16%	52.28%	47.32%	34.64%	38.32%	35.45%
Operating Margin	12.26%	12.62%	11.07%	10.61%	15.25%	11.17%
Profit Margin	9.69%	9.63%	7.55%	5.75%	9.30%	9.65%
Free Cash Flow Margin	0.40%	3.19%	0.60%	3.22%	14.28%	10.32%
EBITDA	216.96	250.23	168.87	173.86	253.44	190.45
EBITDA Margin	15.93%	17.78%	15.30%	16.74%	20.81%	19.18%
D&A For EBITDA	49.99	72.65	46.77	63.69	67.64	79.56
EBIT	166.98	177.58	122.1	110.17	185.79	110.89
EBIT Margin	12.26%	12.62%	11.07%	10.61%	15.25%	11.17%
Effective Tax Rate	22.39%	22.67%	21.44%	33.60%	40.47%	39.58%
Advertising Expenses	-	13.86	15.25	15.39	7.63	6.08

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