Philex Mining 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	8,854	7,855	7,410	8,898	9,404
Revenue Growth (YoY)	12.72%	6.01%	-16.72%	-5.38%	25.16%
Cost of Revenue	6,056	5,818	5,427	5,103	4,744
Gross Profit	2,798	2,037	1,983	3,795	4,659
Selling, General & Admin	293.23	248.12	231.07	240.35	243.07
Operating Expenses	1,283	1,233	929.48	1,654	1,461
Operating Income	1,516	804.27	1,054	2,142	3,198
Interest Expense	-189.5	-113.68	-	-	-
Interest & Investment Income	58.28	65.88	58.38	25.05	2.19
Earnings From Equity Investments	31.39	-5.39	-30.66	-26.8	-528.85
Currency Exchange Gain (Loss)	-180.63	-107.13	22.04	82.7	-46.49
Other Non Operating Income (Expenses)	-35.34	180.9	49.27	-19.71	-97.86
EBT Excluding Unusual Items	1,200	824.86	1,153	2,203	2,527
Asset Writedown	164.18	-	-	-374	272.24
Other Unusual Items	-	272.61	-	499.66	-
Pretax Income	1,364	1,097	1,153	2,329	2,800
Income Tax Expense	434.27	287.28	134.57	533.24	368.33
Earnings From Continuing Operations	929.69	810.19	1,018	1,796	2,431
Minority Interest in Earnings	0	0.01	0.01	0	0
Net Income	929.69	810.2	1,018	1,796	2,431
Net Income to Common	929.69	810.2	1,018	1,796	2,431
Net Income Growth	14.75%	-20.41%	-43.30%	-26.15%	97.93%
Shares Outstanding (Basic)	5,774	5,782	5,782	5,291	4,940
Shares Outstanding (Diluted)	5,774	5,782	5,782	5,291	4,940
Shares Change (YoY)	-0.14%	-	9.28%	7.10%	-
EPS (Basic)	0.16	0.14	0.18	0.34	0.49
EPS (Diluted)	0.16	0.14	0.18	0.34	0.49
EPS Growth	15.00%	-20.46%	-48.08%	-31.10%	97.89%
Free Cash Flow	-	-1,179	-263.41	2,442	3,021
Free Cash Flow Per Share	-	-0.20	-0.05	0.46	0.61
Dividend Per Share	0.040	0.020	0.020	0.020	0.050
Dividend Growth	100.00%	-	-	-60.00%	-15.25%
Gross Margin	31.60%	25.93%	26.76%	42.66%	49.55%
Operating Margin	17.12%	10.24%	14.22%	24.07%	34.01%
Profit Margin	10.50%	10.31%	13.74%	20.18%	25.85%
Free Cash Flow Margin	-	-15.01%	-3.55%	27.45%	32.13%
EBITDA	2,548	1,725	1,765	3,570	4,431
EBITDA Margin	28.77%	21.96%	23.82%	40.12%	47.12%
D&A For EBITDA	1,032	920.5	711.85	1,428	1,233
EBIT	1,516	804.27	1,054	2,142	3,198
EBIT Margin	17.12%	10.24%	14.22%	24.07%	34.01%
Effective Tax Rate	31.84%	26.18%	11.68%	22.90%	13.16%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.