PSE:PSE 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	2,843	1,398	1,401	1,537	1,647
Revenue Growth (YoY)	103.32%	-0.23%	-8.83%	-6.65%	25.27%
Cost of Revenue	885.79	444.71	408.73	360.05	307.19
Gross Profit	1,957	953.38	992.54	1,177	1,339
Selling, General & Admin	515.52	416.96	341.5	347.24	362.26
Operating Expenses	515.52	416.96	341.5	347.24	362.26
Operating Income	1,441	536.42	651.04	829.75	977.06
Interest Expense	-61.21	-4.4	-5.75	-2.13	-3.07
Interest & Investment Income	237.43	239.77	239.23	140.01	106.17
Earnings From Equity Investments	-	98.56	72.54	67.45	71.54
Currency Exchange Gain (Loss)	11.84	17.64	-2.02	40.67	20.07
EBT Excluding Unusual Items	1,629	888	955.04	1,076	1,172
Gain (Loss) on Sale of Investments	-21.9	484.58	10.38	-106.44	27.05
Gain (Loss) on Sale of Assets	0.04	0.17	-	0.03	-0.45
Pretax Income	1,607	1,373	965.41	969.33	1,198
Income Tax Expense	383.5	165.53	199.11	230.18	278.88
Earnings From Continuing Operations	1,224	1,207	766.31	739.15	919.48
Minority Interest in Earnings	-68.2	-	7.38	5.06	3.65
Net Income	1,156	1,207	773.69	744.21	923.14
Net Income to Common	1,156	1,207	773.69	744.21	923.14
Net Income Growth	-4.26%	56.04%	3.96%	-19.38%	39.91%
Shares Outstanding (Basic)	82	82	82	82	82
Shares Outstanding (Diluted)	82	82	82	82	82
Shares Change (YoY)	0.08%	0.23%	0.01%	0.19%	0.06%
EPS (Basic)	14.11	14.75	9.47	9.12	11.33
EPS (Diluted)	14.11	14.75	9.47	9.11	11.33
EPS Growth	-4.33%	55.75%	3.95%	-19.57%	39.83%
Free Cash Flow	1,209	637.21	736.5	750.49	1,253
Free Cash Flow Per Share	14.76	7.79	9.02	9.19	15.37
Dividend Per Share	-	4.360	5.650	4.750	4.000
Dividend Growth	-	-22.83%	18.95%	18.75%	6.10%
Gross Margin	68.84%	68.19%	70.83%	76.58%	81.34%
Operating Margin	50.70%	38.37%	46.46%	53.98%	59.34%
Profit Margin	40.66%	86.35%	55.21%	48.42%	56.07%
Free Cash Flow Margin	42.53%	45.58%	52.56%	48.83%	76.07%
EBITDA	1,645	728.6	781.72	950.91	1,090
EBITDA Margin	57.86%	52.11%	55.79%	61.87%	66.18%
D&A For EBITDA	203.43	192.18	130.68	121.17	112.62
EBIT	1,441	536.42	651.04	829.75	977.06
EBIT Margin	50.70%	38.37%	46.46%	53.98%	59.34%
Effective Tax Rate	23.86%	12.06%	20.62%	23.75%	23.27%

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