Metro Retail Stores Group Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	41,951	39,982	38,584	38,345	31,384
Revenue Growth (YoY)	4.93%	3.62%	0.62%	22.18%	-0.16%
Cost of Revenue	32,806	31,450	30,320	30,330	25,536
Gross Profit	9,145	8,532	8,265	8,015	5,848
Selling, General & Admin	8,097	7,390	7,154	6,655	5,956
Operating Expenses	8,097	7,390	7,154	6,655	5,956
Operating Income	1,048	1,142	1,111	1,360	-108.71
Interest Expense	-494.83	-519.84	-536.66	-523.49	-469.46
Interest & Investment Income	29.79	89.83	145.31	60.97	29.08
Currency Exchange Gain (Loss)	-0.32	22.12	18.06	48.87	2.76
Other Non Operating Income (Expenses)	67.6	87.54	69.56	81.01	37.17
EBT Excluding Unusual Items	650.51	822.08	806.89	1,028	-509.15
Gain (Loss) on Sale of Assets	-0.82	-0.28	-0.43	-	-
Asset Writedown	-	-	-	-27.97	6.22
Other Unusual Items	161.94	-	29.11	179.44	157.91
Pretax Income	922.66	821.8	835.56	1,233	-345.01
Income Tax Expense	240.02	212.37	217.54	315.44	-26.91
Net Income	682.64	609.42	618.02	917.27	-318.1
Net Income to Common	682.64	609.42	618.02	917.27	-318.1
Net Income Growth	12.01%	-1.39%	-32.62%	-	-
Shares Outstanding (Basic)	3,239	3,246	3,260	3,311	3,401
Shares Outstanding (Diluted)	3,258	3,274	3,288	3,311	3,401
Shares Change (YoY)	-0.50%	-0.42%	-0.69%	-2.66%	-0.82%
EPS (Basic)	0.21	0.19	0.19	0.28	-0.09
EPS (Diluted)	0.21	0.19	0.19	0.28	-0.09
EPS Growth	11.86%	-0.97%	-31.57%	-	-
Free Cash Flow	289.77	86.25	349.2	1,653	29.46
Free Cash Flow Per Share	0.09	0.03	0.11	0.50	0.01
Dividend Per Share	0.060	0.060	0.060	0.060	-
Gross Margin	21.80%	21.34%	21.42%	20.90%	18.63%
Operating Margin	2.50%	2.86%	2.88%	3.55%	-0.35%
Profit Margin	1.63%	1.52%	1.60%	2.39%	-1.01%
Free Cash Flow Margin	0.69%	0.22%	0.91%	4.31%	0.09%
EBITDA	1,848	1,858	1,723	1,955	498.03
EBITDA Margin	4.41%	4.65%	4.46%	5.10%	1.59%
D&A For EBITDA	799.97	715.22	611.91	595.22	606.74
EBIT	1,048	1,142	1,111	1,360	-108.71
EBIT Margin	2.50%	2.86%	2.88%	3.55%	-0.35%
Effective Tax Rate	26.01%	25.84%	26.04%	25.59%	-
Revenue as Reported	41,951	39,982	38,584	38,345	31,384
Advertising Expenses	195.6	195.03	185.55	116.85	106.31

Source: S&P Global Market Intelligence. Standard template. Financial Sources.