Philippine Estates 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	178.63	138.62	277.12	224.73	180.27
Revenue Growth (YoY)	28.86%	-49.98%	23.31%	24.66%	6.53%
Cost of Revenue	89.37	72.76	99.27	108.29	70.77
Gross Profit	89.25	65.86	177.85	116.44	109.5
Selling, General & Admin	104.36	104.45	101.92	80.05	67.45
Operating Expenses	104.36	104.45	101.92	80.05	67.45
Operating Income	-15.1	-38.59	75.94	36.38	42.04
Interest Expense	-18.33	-15.3	-15.37	-14.58	-16.06
Interest & Investment Income	-	18.15	19.96	17.42	14.55
Other Non Operating Income (Expenses)	317.49	130.81	3.53	7.48	1.53
EBT Excluding Unusual Items	284.06	95.07	84.06	46.7	42.07
Pretax Income	284.06	95.07	84.06	46.7	42.07
Income Tax Expense	97.61	32.2	25.59	19.11	-3.74
Net Income	186.46	62.87	58.47	27.59	45.81
Net Income to Common	186.46	62.87	58.47	27.59	45.81
Net Income Growth	196.59%	7.51%	111.92%	-39.77%	32.48%
Shares Outstanding (Basic)	2,913	2,891	2,891	2,355	1,632
Shares Outstanding (Diluted)	2,913	2,891	2,891	2,355	1,632
Shares Change (YoY)	0.77%	-	22.76%	44.28%	12.92%
EPS (Basic)	0.06	0.02	0.02	0.01	0.03
EPS (Diluted)	0.06	0.02	0.02	0.01	0.03
EPS Growth	220.00%	-	70.72%	-58.26%	17.33%
Free Cash Flow	346.96	216.91	15.66	-1,376	13.17
Free Cash Flow Per Share	0.12	0.07	0.01	-0.58	0.01
Gross Margin	49.97%	47.51%	64.18%	51.81%	60.74%
Operating Margin	-8.46%	-27.84%	27.40%	16.19%	23.32%
Profit Margin	104.38%	45.35%	21.10%	12.28%	25.41%
Free Cash Flow Margin	194.24%	156.48%	5.65%	-612.10%	7.31%
EBITDA	-11.1	-34.71	78.79	40.54	45.05
EBITDA Margin	-6.21%	-25.04%	28.43%	18.04%	24.99%
D&A For EBITDA	4.01	3.88	2.85	4.15	3.01
EBIT	-15.1	-38.59	75.94	36.38	42.04
EBIT Margin	-8.46%	-27.84%	27.40%	16.19%	23.32%
Effective Tax Rate	34.36%	33.87%	30.44%	40.92%	-
Advertising Expenses	-	0.36	4.54	4.15	1.23

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