NOW Corporation (PSE: NOW)

NOW Corporation 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	208.38	191.78	202.54	196.4	201.72	220.76
Revenue	208.38	191.78	202.54	196.4	201.72	220.76
Revenue Growth (YoY)	7.05%	-5.31%	3.13%	-2.64%	-8.62%	1.33%
Cost of Revenue	89.67	93.93	105.86	116.25	109.4	120.33
Gross Profit	118.72	97.85	96.69	80.15	92.33	100.43
Selling, General & Admin	61.47	55.47	51.55	51.21	55.56	61.74
Other Operating Expenses	9.56	5.41	8.44	6.52	6.18	7.84
Operating Expenses	83.39	73.66	73.15	67.55	77.15	81.24
Operating Income	35.32	24.2	23.53	12.61	15.17	19.2
Interest Expense	-32.55	-24	-17.1	-10.08	-11.47	-10.63
Interest & Investment Income	7.12	7.12	7.12	7.12	7.13	7.15
Earnings From Equity Investments	-7.4	-3.85	0.11	-	-	-
Currency Exchange Gain (Loss)	-0.07	-0.07	-0.03	-0.21	-0.02	0.01
Other Non Operating Income (Expenses)	1.7	0.48	1.02	1.34	-0.06	-0.01
EBT Excluding Unusual Items	4.13	3.87	14.66	10.77	10.75	15.71
Other Unusual Items	22.97	22.97	-	-	-	-
Pretax Income	27.1	26.84	14.66	10.77	10.75	15.71
Income Tax Expense	8.31	8.1	5.49	2.83	6.07	4.39
Earnings From Continuing Operations	18.78	18.74	9.16	7.95	4.68	11.31
Minority Interest in Earnings	0.49	0.13	0.11	0.3	0.4	-0.44
Net Income	19.27	18.87	9.28	8.24	5.08	10.88
Net Income to Common	19.27	18.87	9.28	8.24	5.08	10.88
Net Income Growth	58.04%	103.46%	12.52%	62.33%	-53.31%	37.92%
Shares Outstanding (Basic)	1,807	1,807	1,807	1,807	1,710	1,543
Shares Outstanding (Diluted)	1,867	1,867	1,867	1,867	1,780	1,543
Shares Change (YoY)	-0.01%	-	-	4.90%	15.32%	1.71%
EPS (Basic)	0.01	0.01	0.01	0.00	0.00	0.01
EPS (Diluted)	0.01	0.01	0.01	0.00	0.00	0.01
EPS Growth	56.54%	102.00%	13.64%	51.72%	-58.57%	34.69%
Free Cash Flow	21.12	38.37	-19.71	-18.42	-33.37	-15.5
Free Cash Flow Per Share	0.01	0.02	-0.01	-0.01	-0.02	-0.01
Gross Margin	56.97%	51.02%	47.74%	40.81%	45.77%	45.49%
Operating Margin	16.95%	12.62%	11.62%	6.42%	7.52%	8.70%
Profit Margin	9.25%	9.84%	4.58%	4.20%	2.52%	4.93%
Free Cash Flow Margin	10.13%	20.01%	-9.73%	-9.38%	-16.54%	-7.02%
EBITDA	40.59	29.87	28.37	17.63	21.33	27.25
EBITDA Margin	19.48%	15.58%	14.01%	8.97%	10.57%	12.34%
D&A For EBITDA	5.26	5.68	4.84	5.02	6.16	8.06
EBIT	35.32	24.2	23.53	12.61	15.17	19.2
EBIT Margin	16.95%	12.62%	11.62%	6.42%	7.52%	8.70%
Effective Tax Rate	30.68%	30.17%	37.48%	26.24%	56.50%	27.96%
Revenue as Reported	208.38	191.78	202.54	196.4	201.72	220.76
Advertising Expenses	-	0.62	1.29	2.93	6.37	5.12

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