Megaworld Corporation (PSE: MEG)

Megaworld 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
Operating Revenue	75,038	64,383	55,107	46,378	39,273	61,962
Other Revenue	2,656	2,249	1,849	2,259	1,677	1,679
Revenue	77,694	66,631	56,956	48,637	40,951	63,641
Revenue Growth (YoY)	23.77%	16.99%	17.10%	18.77%	-35.65%	14.89%
Cost of Revenue	28,509	23,790	20,017	17,961	14,754	24,761
Gross Profit	49,186	42,841	36,939	30,676	26,197	38,880
Selling, General & Admin	19,190	16,973	14,610	12,894	11,909	13,912
Operating Expenses	19,190	16,973	14,610	12,894	11,909	13,912
Operating Income	29,996	25,868	22,329	17,782	14,288	24,967
Interest Expense	-3,710	-2,622	-2,233	-1,913	-1,582	-1,513
Interest & Investment Income	2,577	2,577	2,165	1,488	1,604	2,687
Earnings From Equity Investments	-93.03	-65.41	-155.43	-176.55	-69.88	-58.83
Currency Exchange Gain (Loss)	257.43	257.43	-1,739	-1,265	788.59	492.39
Other Non Operating Income (Expenses)	-2,040	-2,159	-1,225	-1,108	-1,092	-1,584
EBT Excluding Unusual Items	26,987	23,856	19,142	14,807	13,936	24,991
Gain (Loss) on Sale of Investments	-	-	-	-	-	340.81
Gain (Loss) on Sale of Assets	-	-	-	136.21	-	45.78
Pretax Income	26,987	23,856	19,142	14,943	13,936	25,378
Income Tax Expense	5,403	4,456	3,768	564.92	3,348	6,082
Earnings From Continuing Operations	21,584	19,401	15,374	14,378	10,589	19,296
Minority Interest in Earnings	-2,533	-2,055	-1,919	-943.93	-702.58	-1,365
Net Income	19,051	17,345	13,455	13,434	9,886	17,931
Preferred Dividends & Other Adjustments	0.6	0.6	0.6	152.56	535.86	563.51
Net Income to Common	19,051	17,345	13,455	13,282	9,350	17,368
Net Income Growth	11.53%	28.91%	0.16%	35.89%	-44.87%	17.91%
Shares Outstanding (Basic)	31,413	30,968	31,241	31,448	31,662	31,820
Shares Outstanding (Diluted)	31,413	30,976	31,298	31,545	31,763	31,978
Shares Change (YoY)	1.46%	-1.03%	-0.78%	-0.69%	-0.67%	0.05%
EPS (Basic)	0.61	0.56	0.43	0.42	0.30	0.55
EPS (Diluted)	0.61	0.56	0.43	0.42	0.29	0.54
EPS Growth	9.94%	30.23%	2.14%	43.20%	-45.86%	16.27%
Free Cash Flow	5,107	3,467	6,998	5,108	18,669	22,829
Free Cash Flow Per Share	0.16	0.11	0.22	0.16	0.59	0.71
Dividend Per Share	0.082	0.082	0.070	0.060	0.040	0.040
Dividend Growth	16.80%	16.80%	16.67%	50.00%	0%	-42.86%
Gross Margin	63.31%	64.30%	64.86%	63.07%	63.97%	61.09%
Operating Margin	38.61%	38.82%	39.20%	36.56%	34.89%	39.23%
Profit Margin	24.52%	26.03%	23.62%	27.31%	22.83%	27.29%
Free Cash Flow Margin	6.57%	5.20%	12.29%	10.50%	45.59%	35.87%
EBITDA	33,607	29,322	25,582	21,222	17,351	27,669
EBITDA Margin	43.26%	44.01%	44.92%	43.63%	42.37%	43.48%
D&A For EBITDA	3,611	3,454	3,253	3,439	3,063	2,702
EBIT	29,996	25,868	22,329	17,782	14,288	24,967
EBIT Margin	38.61%	38.82%	39.20%	36.56%	34.89%	39.23%
Effective Tax Rate	20.02%	18.68%	19.68%	3.78%	24.02%	23.96%
Revenue as Reported	80,910	69,728	59,527	50,754	43,541	67,372
Advertising Expenses	-	1,095	959.75	764.37	551.24	1,203

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