Makati Finance 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
Interest and Dividend Income	196.17	183.66	175.17	158.98	174.72	164.1
Total Interest Expense	36.33	38.12	34.65	33.13	35.88	42.57
Net Interest Income	159.84	145.54	140.52	125.85	138.83	121.53
Gain (Loss) on Sale of Investments	21.57	21.57	-	-	-	-
Revenue Before Loan Losses	193.8	176.14	148.95	130.54	144.94	126.11
Provision for Loan Losses	14.07	19.35	32.18	18.84	16.32	14.65
Revenue	179.73	156.79	116.77	111.69	128.62	111.46
Revenue Growth (YoY)	54.44%	34.27%	4.55%	-13.16%	15.39%	-21.17%
Salaries & Employee Benefits	62.3	64.27	56.75	60.61	59.46	54.32
Cost of Services Provided	36.88	38.84	22.33	25.65	26.4	15.19
Other Operating Expenses	26.59	36.33	21.22	14.32	27.57	21.51
Total Operating Expenses	142.85	156.05	117.18	112.89	125.46	109.52
Operating Income	36.87	0.74	-0.41	-1.2	3.16	1.95
EBT Excluding Unusual Items	27.52	19.87	12.44	-1.2	20.57	17.57
Pretax Income	31.97	24.32	17.26	23.41	25	17.57
Income Tax Expense	11.77	9.86	4.34	5.55	15.29	6.74
Net Income	20.2	14.46	12.92	17.85	9.7	10.83
Net Income to Common	20.2	14.46	12.92	17.85	9.7	10.83
Net Income Growth	44.03%	11.91%	-27.61%	83.97%	-10.37%	-50.12%
Shares Outstanding (Basic)	277	276	276	271	275	274
Shares Outstanding (Diluted)	277	276	276	271	275	274
Shares Change (YoY)	0.39%	-	1.71%	-1.24%	0.47%	8.82%
EPS (Basic)	0.07	0.05	0.05	0.07	0.04	0.04
EPS (Diluted)	0.07	0.05	0.05	0.07	0.04	0.04
EPS Growth	37.15%	5.95%	-28.83%	86.27%	-10.79%	-53.81%
Free Cash Flow	55.42	-44.62	-42.18	77.47	132.15	54.63
Free Cash Flow Per Share	0.20	-0.16	-0.15	0.28	0.48	0.20
Dividend Per Share	0.008	0.008	0.007	0.010	0.005	0.006
Dividend Growth	11.27%	11.27%	-26.80%	83.02%	-10.17%	-50.00%
Operating Margin	20.52%	0.47%	-0.35%	-1.07%	2.46%	1.75%
Profit Margin	11.24%	9.22%	11.07%	15.98%	7.54%	9.71%
Free Cash Flow Margin	30.84%	-28.46%	-36.12%	69.36%	102.74%	49.01%
Effective Tax Rate	36.81%	40.53%	25.13%	23.72%	61.18%	38.38%

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