Megaworld Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	80,740	75,774	64,383	55,107	46,378	39,273
Other Revenue	1,306	2,444	1,119	1,050	2,259	1,677
Revenue	82,045	78,218	65,502	56,157	48,637	40,951
Revenue Growth (YoY)	7.16%	19.41%	16.64%	15.46%	18.77%	-35.65%
Cost of Revenue	29,605	28,347	23,790	20,017	17,961	14,754
Gross Profit	52,441	49,871	41,711	36,140	30,676	26,197
Selling, General & Admin	21,701	19,876	16,973	14,610	12,894	11,909
Operating Expenses	21,701	19,876	16,973	14,610	12,894	11,909
Operating Income	30,739	29,995	24,738	21,530	17,782	14,288
Interest Expense	-1,895	-3,010	-2,622	-2,233	-1,913	-1,582
Interest & Investment Income	6,982	3,181	3,707	2,964	1,488	1,604
Earnings From Equity Investments	-316.8	-290.09	-65.41	-155.43	-176.55	-69.88
Currency Exchange Gain (Loss)	-1,252	-1,252	257.43	-1,739	-1,265	788.59
Other Non Operating Income (Expenses)	-4,671	-1,673	-2,159	-1,225	-1,108	-1,092
EBT Excluding Unusual Items	29,586	26,952	23,856	19,142	14,807	13,936
Impairment of Goodwill	-77.35	-77.35	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	136.21	-
Pretax Income	29,509	26,875	23,856	19,142	14,943	13,936
Income Tax Expense	5,598	5,208	4,456	3,768	564.92	3,348
Earnings From Continuing Operations	23,911	21,667	19,401	15,374	14,378	10,589
Minority Interest in Earnings	-2,960	-2,917	-2,055	-1,919	-943.93	-702.58
Net Income	20,951	18,749	17,345	13,455	13,434	9,886
Preferred Dividends & Other Adjustments	0.6	0.6	0.6	0.6	152.56	535.86
Net Income to Common	20,950	18,749	17,345	13,455	13,282	9,350
Net Income Growth	9.97%	8.09%	28.91%	0.16%	35.89%	-44.87%
Shares Outstanding (Basic)	32,560	31,758	30,968	31,241	31,448	31,662
Shares Outstanding (Diluted)	32,560	31,758	30,976	31,298	31,545	31,763
Shares Change (YoY)	3.65%	2.53%	-1.03%	-0.78%	-0.69%	-0.67%
EPS (Basic)	0.64	0.59	0.56	0.43	0.42	0.30
EPS (Diluted)	0.64	0.59	0.56	0.43	0.42	0.29
EPS Growth	5.99%	5.36%	30.23%	2.14%	43.20%	-45.86%
Free Cash Flow	23,395	10,828	3,467	6,998	5,108	18,669
Free Cash Flow Per Share	0.72	0.34	0.11	0.22	0.16	0.59
Dividend Per Share	0.094	0.094	0.080	0.070	0.060	0.040
Dividend Growth	17.45%	17.45%	14.29%	16.67%	50.00%	-
Gross Margin	63.92%	63.76%	63.68%	64.35%	63.07%	63.97%
Operating Margin	37.47%	38.35%	37.77%	38.34%	36.56%	34.89%
Profit Margin	25.54%	23.97%	26.48%	23.96%	27.31%	22.83%
Free Cash Flow Margin	28.52%	13.84%	5.29%	12.46%	10.50%	45.59%
EBITDA	34,324	33,591	28,192	24,783	21,222	17,351
EBITDA Margin	41.84%	42.95%	43.04%	44.13%	43.63%	42.37%
D&A For EBITDA	3,584	3,596	3,454	3,253	3,439	3,063
EBIT	30,739	29,995	24,738	21,530	17,782	14,288
EBIT Margin	37.47%	38.35%	37.77%	38.34%	36.56%	34.89%
Effective Tax Rate	18.97%	19.38%	18.68%	19.68%	3.78%	24.02%
Revenue as Reported	86,318	81,687	69,728	59,527	50,754	43,541
Advertising Expenses	-	1,320	1,095	959.75	764.37	551.24

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.