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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	139.56	108.55	413.73	288.35	279.66	176.66
Revenue Growth (YoY)	-63.60%	-73.76%	43.48%	3.11%	58.30%	-78.80%
Cost of Revenue	46.91	38.19	41.49	39.98	79.79	55.9
Gross Profit	92.65	70.36	372.24	248.37	199.87	120.77
Selling, General & Admin	114.29	111.78	157.85	136.82	129.15	125.51
Other Operating Expenses	45.27	41.4	35.24	30.09	26.4	16.75
Operating Expenses	166.33	159.96	200.77	177.03	174.63	160.98
Operating Income	-73.68	-89.6	171.47	71.35	25.25	-40.21
Interest Expense	-28.51	-22.36	-27.75	-33.49	-26.27	-36.05
Interest & Investment Income	31.27	31.41	32.64	57.92	43.49	37.31
Other Non Operating Income (Expenses)	3.76	2.87	19.52	12.28	15.68	9.23
EBT Excluding Unusual Items	-67.15	-77.67	195.89	108.07	58.14	-29.72
Gain (Loss) on Sale of Investments	-15.07	-47.9	-9.75	29.98	92.93	-49.65
Gain (Loss) on Sale of Assets	0.02	0.02	-15.67	-	-	-
Asset Writedown	134.45	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	52.24	28.96	469.07	180.85	278.26	222.5
Income Tax Expense	-5.76	-8.54	178.52	55.91	15.32	46.41
Earnings From Continuing Operations	58	37.5	290.56	124.94	262.94	176.1
Earnings From Discontinued Operations	-	-	-	-5.63	2.9	-48.79
Net Income to Company	58	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	58.5	38	291.13	119.67	266.42	128.9
Net Income to Common	58.5	38	291.13	119.67	266.42	128.9
Net Income Growth	-77.22%	-86.95%	143.28%	-55.08%	106.70%	-63.80%
Shares Outstanding (Basic)	508	508	508	508	508	508
Shares Outstanding (Diluted)	508	508	508	508	508	508
Shares Change (YoY)	-	-	-	-	-	-7.13%
EPS (Basic)	0.12	0.07	0.57	0.24	0.52	0.25
EPS (Diluted)	0.12	0.07	0.57	0.24	0.52	0.25
EPS Growth	-77.20%	-86.94%	143.08%	-55.08%	106.70%	-61.03%
Free Cash Flow	-30.8	-14.98	-64.82	-129.84	183.69	246.42
Free Cash Flow Per Share	-0.06	-0.03	-0.13	-0.26	0.36	0.48
Dividend Per Share	-	-	0.080	0.080	0.080	0.080
Gross Margin	66.39%	64.82%	89.97%	86.13%	71.47%	68.36%
Operating Margin	-52.80%	-82.54%	41.45%	24.74%	9.03%	-22.76%
Profit Margin	41.92%	35.00%	70.37%	41.50%	95.27%	72.96%
Free Cash Flow Margin	-22.07%	-13.80%	-15.67%	-45.03%	65.68%	139.48%
EBITDA	-66.57	-82.01	180.11	83.67	46.95	-17.21
EBITDA Margin	-47.70%	-75.55%	43.53%	29.02%	16.79%	-9.74%
D&A For EBITDA	7.11	7.59	8.64	12.33	21.7	23
EBIT	-73.68	-89.6	171.47	71.35	25.25	-40.21
EBIT Margin	-52.80%	-82.54%	41.45%	24.74%	9.03%	-22.76%
Effective Tax Rate	-	-	38.06%	30.91%	5.51%	20.86%
Revenue as Reported	139.56	108.55	413.73	288.35	279.66	176.66

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