Philippine Estates 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
Revenue	-60.11	138.62	277.12	224.73	180.27	169.22
Revenue Growth (YoY)	-	-49.98%	23.31%	24.66%	6.53%	-20.41%
Cost of Revenue	-48.08	72.76	99.27	108.29	70.77	61.24
Gross Profit	-12.03	65.86	177.85	116.44	109.5	107.98
Selling, General & Admin	7.42	104.45	101.92	80.05	67.45	61.08
Other Operating Expenses	60.93	-	-	-	-	-
Operating Expenses	70.68	104.45	101.92	80.05	67.45	61.08
Operating Income	-82.7	-38.59	75.94	36.38	42.04	46.9
Interest Expense	-15.74	-15.3	-15.37	-14.58	-16.06	-16.1
Interest & Investment Income	18.15	18.15	19.96	17.42	14.55	13.17
Other Non Operating Income (Expenses)	474.64	130.81	3.53	7.48	1.53	-3.02
EBT Excluding Unusual Items	394.36	95.07	84.06	46.7	42.07	40.95
Other Unusual Items	-14.91	-	-	-	-	-
Pretax Income	379.44	95.07	84.06	46.7	42.07	40.95
Income Tax Expense	53.8	32.2	25.59	19.11	-3.74	6.37
Net Income	325.65	62.87	58.47	27.59	45.81	34.58
Net Income to Common	325.65	62.87	58.47	27.59	45.81	34.58
Net Income Growth	376.84%	7.51%	111.92%	-39.77%	32.48%	-
Shares Outstanding (Basic)	2,891	2,891	2,891	2,355	1,632	1,446
Shares Outstanding (Diluted)	2,891	2,891	2,891	2,355	1,632	1,446
Shares Change (YoY)	-	-	22.76%	44.28%	12.92%	-
EPS (Basic)	0.11	0.02	0.02	0.01	0.03	0.02
EPS (Diluted)	0.11	0.02	0.02	0.01	0.03	0.02
EPS Growth	439.86%	-	70.72%	-58.26%	17.33%	-
Free Cash Flow	340.28	216.91	15.66	-1,376	13.17	9.38
Free Cash Flow Per Share	0.12	0.07	0.01	-0.58	0.01	0.01
Gross Margin	-	47.51%	64.18%	51.81%	60.74%	63.81%
Operating Margin	-	-27.84%	27.40%	16.19%	23.32%	27.71%
Profit Margin	-	45.35%	21.10%	12.28%	25.41%	20.43%
Free Cash Flow Margin	-	156.48%	5.65%	-612.10%	7.31%	5.54%
EBITDA	-78.74	-34.71	78.79	40.54	45.05	50.15
EBITDA Margin	-	-25.04%	28.43%	18.04%	24.99%	29.63%
D&A For EBITDA	3.97	3.88	2.85	4.15	3.01	3.25
EBIT	-82.7	-38.59	75.94	36.38	42.04	46.9
EBIT Margin	-	-27.84%	27.40%	16.19%	23.32%	27.71%
Effective Tax Rate	14.18%	33.87%	30.44%	40.92%	-	15.56%
Advertising Expenses	-	0.36	4.54	4.15	1.23	1.69

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