Megaworld Corporation (PSE:MEG)

Megaworld Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	75,774	64,383	55,107	46,378	39,273
Other Revenue	2,444	1,119	1,050	2,259	1,677
Revenue	78,218	65,502	56,157	48,637	40,951
Revenue Growth (YoY)	19.41%	16.64%	15.46%	18.77%	-35.65%
Cost of Revenue	28,347	23,790	20,017	17,961	14,754
Gross Profit	49,871	41,711	36,140	30,676	26,197
Selling, General & Admin	19,876	16,973	14,610	12,894	11,909
Operating Expenses	19,876	16,973	14,610	12,894	11,909
Operating Income	29,995	24,738	21,530	17,782	14,288
Interest Expense	-3,010	-2,622	-2,233	-1,913	-1,582
Interest & Investment Income	3,181	3,707	2,964	1,488	1,604
Earnings From Equity Investments	-290.09	-65.41	-155.43	-176.55	-69.88
Currency Exchange Gain (Loss)	-1,252	257.43	-1,739	-1,265	788.59
Other Non Operating Income (Expenses)	-1,673	-2,159	-1,225	-1,108	-1,092
EBT Excluding Unusual Items	26,952	23,856	19,142	14,807	13,936
Impairment of Goodwill	-77.35	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	136.21	-
Pretax Income	26,875	23,856	19,142	14,943	13,936
Income Tax Expense	5,208	4,456	3,768	564.92	3,348
Earnings From Continuing Operations	21,667	19,401	15,374	14,378	10,589
Minority Interest in Earnings	-2,917	-2,055	-1,919	-943.93	-702.58
Net Income	18,749	17,345	13,455	13,434	9,886
Preferred Dividends & Other Adjustments	0.6	0.6	0.6	152.56	535.86
Net Income to Common	18,749	17,345	13,455	13,282	9,350
Net Income Growth	8.09%	28.91%	0.16%	35.89%	-44.87%
Shares Outstanding (Basic)	31,758	30,968	31,241	31,448	31,662
Shares Outstanding (Diluted)	31,758	30,976	31,298	31,545	31,763
Shares Change (YoY)	2.53%	-1.03%	-0.78%	-0.69%	-0.67%
EPS (Basic)	0.59	0.56	0.43	0.42	0.30
EPS (Diluted)	0.59	0.56	0.43	0.42	0.29
EPS Growth	5.36%	30.23%	2.14%	43.20%	-45.86%
Free Cash Flow	10,828	3,467	6,998	5,108	18,669
Free Cash Flow Per Share	0.34	0.11	0.22	0.16	0.59
Dividend Per Share	-	0.080	0.070	0.060	0.040
Dividend Growth	-	14.29%	16.67%	50.00%	0%
Gross Margin	63.76%	63.68%	64.35%	63.07%	63.97%
Operating Margin	38.35%	37.77%	38.34%	36.56%	34.89%
Profit Margin	23.97%	26.48%	23.96%	27.31%	22.83%
Free Cash Flow Margin	13.84%	5.29%	12.46%	10.50%	45.59%
EBITDA	33,591	28,192	24,783	21,222	17,351
EBITDA Margin	42.95%	43.04%	44.13%	43.63%	42.37%
D&A For EBITDA	3,596	3,454	3,253	3,439	3,063
EBIT	29,995	24,738	21,530	17,782	14,288
EBIT Margin	38.35%	37.77%	38.34%	36.56%	34.89%
Effective Tax Rate	19.38%	18.68%	19.68%	3.78%	24.02%
Revenue as Reported	81,687	69,728	59,527	50,754	43,541
Advertising Expenses	1,320	1,095	959.75	764.37	551.24

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