Mabuhay Holdings 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	6.41	6.81	8.7	9.06	3.55	8.24
Other Revenue	4.69	0.84	1.26	1.7	5.33	30.7
Revenue	11.1	7.65	9.96	10.76	8.88	38.95
Revenue Growth (YoY)	18.96%	-23.21%	-7.45%	21.22%	-77.21%	24.07%
Cost of Revenue	0.74	0.74	0.44	0.54	0.39	0.18
Gross Profit	10.36	6.91	9.52	10.22	8.49	38.77
Selling, General & Admin	17.36	16.87	15.68	14.49	12	10.66
Other Operating Expenses	8.73	8.12	8.73	8.26	7.43	5.91
Operating Expenses	26.54	25.32	24.69	23.29	19.97	17.04
Operating Income	-16.18	-18.41	-15.18	-13.06	-11.48	21.73
Currency Exchange Gain (Loss)	0.2	0.13	-0.05	0.52	0.28	-0.29
EBT Excluding Unusual Items	-15.99	-18.29	-15.23	-12.55	-11.2	21.43
Gain (Loss) on Sale of Investments	-18.41	-34.99	-63.58	-35.24	-48.88	-
Asset Writedown	30.16	63.79	13.74	17.4	22.11	60.8
Legal Settlements	-	-	-	-39.36	-	-
Pretax Income	-4.24	10.52	-65.07	-69.74	-37.97	82.24
Income Tax Expense	10.27	18.69	-0.28	1.71	-21.72	-9.69
Earnings From Continuing Operations	-14.51	-8.17	-64.78	-71.46	-16.25	91.93
Minority Interest in Earnings	-13.92	-34.97	1.63	-0.91	-19.34	-28.07
Net Income	-28.42	-43.13	-63.16	-72.36	-35.59	63.85
Net Income to Common	-28.42	-43.13	-63.16	-72.36	-35.59	63.85
Shares Outstanding (Basic)	917	976	976	976	976	976
Shares Outstanding (Diluted)	917	976	976	976	976	976
EPS (Basic)	-0.03	-0.04	-0.06	-0.07	-0.04	0.07
EPS (Diluted)	-0.03	-0.04	-0.06	-0.07	-0.04	0.07
Free Cash Flow	-72.05	-19.35	-14.16	-77.49	-73.34	-28.99
Free Cash Flow Per Share	-0.08	-0.02	-0.01	-0.08	-0.07	-0.03
Gross Margin	93.34%	90.33%	95.58%	95.03%	95.63%	99.55%
Operating Margin	-145.77%	-240.81%	-152.41%	-121.40%	-129.36%	55.79%
Profit Margin	-256.04%	-564.10%	-634.26%	-672.56%	-400.99%	163.95%
Free Cash Flow Margin	-649.08%	-253.00%	-142.23%	-720.17%	-826.24%	-74.42%
EBITDA	-15.74	-18.09	-14.89	-12.53	-10.94	22.21
EBITDA Margin	-141.77%	-236.60%	-149.49%	-116.45%	-123.28%	57.01%
D&A For EBITDA	0.45	0.32	0.29	0.53	0.54	0.48
EBIT	-16.18	-18.41	-15.18	-13.06	-11.48	21.73
EBIT Margin	-145.77%	-240.81%	-152.41%	-121.40%	-129.36%	55.79%
Effective Tax Rate	-	177.64%	-	-	-	-
Revenue as Reported	41.38	71.57	23.7	28.67	31.27	99.75

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