Mabuhay Vinyl Corporation (PSE: MVC)

Mabuhay Vinyl Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,044	3,074	3,201	2,187	2,070	2,323
Revenue Growth (YoY)	-2.83%	-3.98%	46.34%	5.67%	-10.89%	-18.59%
Cost of Revenue	1,953	1,878	2,025	1,314	1,133	1,385
Gross Profit	1,091	1,196	1,176	873.83	937.49	938.24
Selling, General & Admin	643.1	604.39	574.24	434.45	396.91	387.15
Other Operating Expenses	50.34	50.34	35.8	27.97	27.14	35.84
Operating Expenses	750.56	711.86	651.15	512.59	480.45	462.31
Operating Income	340.84	484.18	525.01	361.23	457.04	475.92
Interest Expense	-10.9	-7.18	-3.9	-2.56	-2.13	-2.25
Interest & Investment Income	81.76	46.57	20.08	11.84	23.41	41.94
Currency Exchange Gain (Loss)	1.79	1.79	-9.88	-1.46	0.09	0.07
Other Non Operating Income (Expenses)	19.34	19.34	2.41	1.53	1.26	7.83
EBT Excluding Unusual Items	432.83	544.7	533.72	370.59	479.66	523.52
Gain (Loss) on Sale of Assets	-	-	0.2	-0.33	-0.02	0.32
Pretax Income	432.83	544.7	533.92	370.26	479.65	523.83
Income Tax Expense	107.4	135.62	134.49	94.03	146.1	159.64
Earnings From Continuing Operations	325.44	409.08	399.43	276.23	333.54	364.19
Minority Interest in Earnings	-0.67	-0.64	-0.36	-0.36	-0.5	-0.76
Net Income	324.76	408.44	399.07	275.87	333.04	363.43
Net Income to Common	324.76	408.44	399.07	275.87	333.04	363.43
Net Income Growth	-32.23%	2.35%	44.66%	-17.17%	-8.36%	-8.16%
Shares Outstanding (Basic)	667	661	661	661	661	661
Shares Outstanding (Diluted)	667	661	661	661	661	661
Shares Change (YoY)	0.85%	-	-	-	-	-
EPS (Basic)	0.49	0.62	0.60	0.42	0.50	0.55
EPS (Diluted)	0.49	0.62	0.60	0.42	0.50	0.55
EPS Growth	-32.76%	2.42%	44.55%	-17.17%	-8.36%	-8.16%
Free Cash Flow	62.06	117.87	14.97	-27.69	309.11	363.55
Free Cash Flow Per Share	0.09	0.18	0.02	-0.04	0.47	0.55
Dividend Per Share	0.100	0.100	0.100	0.100	0.100	0.100
Dividend Growth	0%	0%	0%	0%	0%	42.86%
Gross Margin	35.85%	38.91%	36.74%	39.95%	45.29%	40.39%
Operating Margin	11.20%	15.75%	16.40%	16.51%	22.08%	20.49%
Profit Margin	10.67%	13.29%	12.47%	12.61%	16.09%	15.64%
Free Cash Flow Margin	2.04%	3.83%	0.47%	-1.27%	14.93%	15.65%
EBITDA	453.71	574.02	608.45	457.82	543.86	548.61
EBITDA Margin	14.90%	18.67%	19.01%	20.93%	26.27%	23.62%
D&A For EBITDA	112.87	89.85	83.44	96.59	86.82	72.69
EBIT	340.84	484.18	525.01	361.23	457.04	475.92
EBIT Margin	11.20%	15.75%	16.40%	16.51%	22.08%	20.49%
Effective Tax Rate	24.81%	24.90%	25.19%	25.39%	30.46%	30.48%

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