Megaworld Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Operating Revenue	71,320	64,383	55,107	46,378	39,273	61,962	Upgrade
Other Revenue	2,585	2,249	1,849	2,259	1,677	1,679	Upgrade
Revenue	73,905	66,631	56,956	48,637	40,951	63,641	Upgrade
Revenue Growth (YoY)	21.55%	16.99%	17.10%	18.77%	-35.65%	14.89%	Upgrade
Cost of Revenue	26,876	23,790	20,017	17,961	14,754	24,761	Upgrade
Gross Profit	47,029	42,841	36,939	30,676	26,197	38,880	Upgrade
Selling, General & Admin	17,973	16,973	14,610	12,894	11,909	13,912	Upgrade
Operating Expenses	17,973	16,973	14,610	12,894	11,909	13,912	Upgrade
Operating Income	29,055	25,868	22,329	17,782	14,288	24,967	Upgrade
Interest Expense	-4,470	-2,622	-2,233	-1,913	-1,582	-1,513	Upgrade
Interest & Investment Income	2,577	2,577	2,165	1,488	1,604	2,687	Upgrade
Earnings From Equity Investments	-193.88	-65.41	-155.43	-176.55	-69.88	-58.83	Upgrade
Currency Exchange Gain (Loss)	257.43	257.43	-1,739	-1,265	788.59	492.39	Upgrade
Other Non Operating Income (Expenses)	-2,381	-2,159	-1,225	-1,108	-1,092	-1,584	Upgrade
EBT Excluding Unusual Items	24,844	23,856	19,142	14,807	13,936	24,991	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-	340.81	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	136.21	-	45.78	Upgrade
Pretax Income	24,844	23,856	19,142	14,943	13,936	25,378	Upgrade
Income Tax Expense	4,465	4,456	3,768	564.92	3,348	6,082	Upgrade
Earnings From Continuing Operations	20,379	19,401	15,374	14,378	10,589	19,296	Upgrade
Minority Interest in Earnings	-2,358	-2,055	-1,919	-943.93	-702.58	-1,365	Upgrade
Net Income	18,021	17,345	13,455	13,434	9,886	17,931	Upgrade
Preferred Dividends & Other Adjustments	0.6	0.6	0.6	152.56	535.86	563.51	Upgrade
Net Income to Common	18,020	17,345	13,455	13,282	9,350	17,368	Upgrade
Net Income Growth	16.66%	28.91%	0.16%	35.89%	-44.87%	17.91%	Upgrade
Shares Outstanding (Basic)	31,147	30,968	31,241	31,448	31,662	31,820	Upgrade
Shares Outstanding (Diluted)	31,147	30,976	31,298	31,545	31,763	31,978	Upgrade
Shares Change (YoY)	0.64%	-1.03%	-0.78%	-0.69%	-0.67%	0.05%	Upgrade
EPS (Basic)	0.58	0.56	0.43	0.42	0.30	0.55	Upgrade
EPS (Diluted)	0.58	0.56	0.43	0.42	0.29	0.54	Upgrade
EPS Growth	16.05%	30.23%	2.14%	43.20%	-45.86%	16.27%	Upgrade
Free Cash Flow	3,158	3,467	6,998	5,108	18,669	22,829	Upgrade
Free Cash Flow Per Share	0.10	0.11	0.22	0.16	0.59	0.71	Upgrade
Dividend Per Share	-	-	0.070	0.060	0.040	0.040	Upgrade
Dividend Growth	-	-	16.67%	50.00%	0%	-42.86%	Upgrade
Gross Margin	63.63%	64.30%	64.86%	63.07%	63.97%	61.09%	Upgrade
Operating Margin	39.31%	38.82%	39.20%	36.56%	34.89%	39.23%	Upgrade
Profit Margin	24.38%	26.03%	23.62%	27.31%	22.83%	27.29%	Upgrade
Free Cash Flow Margin	4.27%	5.20%	12.29%	10.50%	45.59%	35.87%	Upgrade
EBITDA	32,608	29,322	25,582	21,222	17,351	27,669	Upgrade
EBITDA Margin	44.12%	44.01%	44.92%	43.63%	42.37%	43.48%	Upgrade
D&A For EBITDA	3,553	3,454	3,253	3,439	3,063	2,702	Upgrade
EBIT	29,055	25,868	22,329	17,782	14,288	24,967	Upgrade
EBIT Margin	39.31%	38.82%	39.20%	36.56%	34.89%	39.23%	Upgrade
Effective Tax Rate	17.97%	18.68%	19.68%	3.78%	24.02%	23.96%	Upgrade
Revenue as Reported	76,779	69,728	59,527	50,754	43,541	67,372	Upgrade
Advertising Expenses	-	1,095	959.75	764.37	551.24	1,203	Upgrade

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