Philippine Racing Club, Inc. (PSE:PRC)

Philippine Racing Club Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	158.65	108.55	413.73	288.35	279.66	176.66
Revenue Growth (YoY)	205.28%	-73.76%	43.48%	3.11%	58.30%	-78.80%
Cost of Revenue	49.58	38.19	41.49	39.98	79.79	55.9
Gross Profit	109.08	70.36	372.24	248.37	199.87	120.77
Selling, General & Admin	111.78	111.78	157.85	136.82	129.15	125.51
Other Operating Expenses	16.51	41.4	35.24	30.09	26.4	16.75
Operating Expenses	135.07	159.96	200.77	177.03	174.63	160.98
Operating Income	-25.99	-89.6	171.47	71.35	25.25	-40.21
Interest Expense	-23.36	-22.36	-27.75	-33.49	-26.27	-36.05
Interest & Investment Income	31.84	31.41	32.64	57.92	43.49	37.31
Other Non Operating Income (Expenses)	387.3	2.87	19.52	12.28	15.68	9.23
EBT Excluding Unusual Items	369.79	-77.67	195.89	108.07	58.14	-29.72
Gain (Loss) on Sale of Investments	-47.9	-47.9	-9.75	29.98	92.93	-49.65
Gain (Loss) on Sale of Assets	0.02	0.02	-15.67	-	-	-
Asset Writedown	154.52	154.52	298.64	42.61	126.63	301.4
Other Unusual Items	-0.01	-0.01	-0.03	0.2	0.56	0.47
Pretax Income	476.42	28.96	469.07	180.85	278.26	222.5
Income Tax Expense	105.46	-8.54	178.52	55.91	15.32	46.41
Earnings From Continuing Operations	370.96	37.5	290.56	124.94	262.94	176.1
Earnings From Discontinued Operations	-	-	-	-5.63	2.9	-48.79
Net Income to Company	370.96	37.5	290.56	119.32	265.84	127.31
Minority Interest in Earnings	0.49	0.49	0.57	0.35	0.58	1.59
Net Income	371.45	38	291.13	119.67	266.42	128.9
Net Income to Common	371.45	38	291.13	119.67	266.42	128.9
Net Income Growth	1571.20%	-86.95%	143.28%	-55.08%	106.70%	-63.80%
Shares Outstanding (Basic)	510	508	508	508	508	508
Shares Outstanding (Diluted)	510	508	508	508	508	508
Shares Change (YoY)	0.73%	-	-	-	-	-7.13%
EPS (Basic)	0.73	0.07	0.57	0.24	0.52	0.25
EPS (Diluted)	0.73	0.07	0.57	0.24	0.52	0.25
EPS Growth	1576.56%	-86.94%	143.08%	-55.08%	106.70%	-61.03%
Free Cash Flow	70.37	-14.98	-64.82	-129.84	183.69	246.42
Free Cash Flow Per Share	0.14	-0.03	-0.13	-0.26	0.36	0.48
Dividend Per Share	0.080	0.080	0.080	0.080	0.080	0.080
Gross Margin	68.75%	64.82%	89.97%	86.13%	71.47%	68.36%
Operating Margin	-16.38%	-82.54%	41.45%	24.74%	9.03%	-22.76%
Profit Margin	234.13%	35.00%	70.37%	41.50%	95.27%	72.96%
Free Cash Flow Margin	44.35%	-13.80%	-15.67%	-45.03%	65.68%	139.48%
EBITDA	-18.02	-82.01	180.11	83.67	46.95	-17.21
EBITDA Margin	-11.36%	-75.55%	43.53%	29.02%	16.79%	-9.74%
D&A For EBITDA	7.97	7.59	8.64	12.33	21.7	23
EBIT	-25.99	-89.6	171.47	71.35	25.25	-40.21
EBIT Margin	-16.38%	-82.54%	41.45%	24.74%	9.03%	-22.76%
Effective Tax Rate	22.14%	-	38.06%	30.91%	5.51%	20.86%
Revenue as Reported	158.65	108.55	413.73	288.35	279.66	176.66

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.