PSE:PIZZA 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	16,050	14,452	12,824	10,142	5,480
Revenue Growth (YoY)	11.06%	12.69%	26.44%	85.06%	3.47%
Cost of Revenue	12,950	11,219	10,065	7,852	4,417
Gross Profit	3,100	3,233	2,759	2,290	1,063
Selling, General & Admin	1,423	1,273	983.28	740.03	481.68
Other Operating Expenses	242.7	222.74	135.92	108.8	107.92
Operating Expenses	1,766	1,591	1,172	916.91	626.64
Operating Income	1,334	1,642	1,587	1,373	436.37
Interest Expense	-494.34	-410.96	-361.49	-323.97	-292.18
Interest & Investment Income	2.91	1.93	0.46	0.5	1.28
Currency Exchange Gain (Loss)	4.69	-1.34	-3.02	10.15	0.25
Other Non Operating Income (Expenses)	75.57	30.73	21.33	31.63	46.57
EBT Excluding Unusual Items	922.57	1,263	1,244	1,091	192.29
Gain (Loss) on Sale of Investments	-	-	-	0.4	1.95
Gain (Loss) on Sale of Assets	-7.05	-7.87	1.23	0.07	-0.12
Legal Settlements	-	-	-	-11.39	1.35
Other Unusual Items	25.55	8.13	-1.23	18.32	35.21
Pretax Income	941.07	1,263	1,244	1,098	230.68
Income Tax Expense	125.49	69.51	164.96	224.01	107.7
Net Income	815.58	1,193	1,079	874.4	122.98
Net Income to Common	815.58	1,193	1,079	874.4	122.98
Net Income Growth	-31.66%	10.56%	23.45%	611.01%	-
Shares Outstanding (Basic)	1,684	1,684	1,684	1,684	1,595
Shares Outstanding (Diluted)	1,684	1,684	1,687	1,684	1,595
Shares Change (YoY)	-	-0.17%	0.17%	5.58%	4.15%
EPS (Basic)	0.48	0.71	0.64	0.52	0.08
EPS (Diluted)	0.48	0.71	0.64	0.52	0.08
EPS Growth	-32.28%	10.75%	23.24%	573.46%	-
Free Cash Flow	1,583	1,374	692.98	908.44	706.03
Free Cash Flow Per Share	0.94	0.82	0.41	0.54	0.44
Dividend Per Share	0.200	0.200	0.100	0.030	0.020
Dividend Growth	-	100.00%	233.33%	50.00%	100.00%
Gross Margin	19.31%	22.37%	21.52%	22.57%	19.40%
Operating Margin	8.31%	11.36%	12.38%	13.54%	7.96%
Profit Margin	5.08%	8.26%	8.42%	8.62%	2.24%
Free Cash Flow Margin	9.86%	9.51%	5.40%	8.96%	12.88%
EBITDA	1,871	2,109	1,941	1,769	762.7
EBITDA Margin	11.66%	14.59%	15.13%	17.45%	13.92%
D&A For EBITDA	536.97	466.34	353.7	396.63	326.33
EBIT	1,334	1,642	1,587	1,373	436.37
EBIT Margin	8.31%	11.36%	12.38%	13.54%	7.96%
Effective Tax Rate	13.33%	5.50%	13.26%	20.39%	46.69%
Advertising Expenses	546.55	381.87	359.3	283.89	176.82

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