SBS Philippines 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	967.2	1,119	1,035	1,188	818.89
Revenue Growth (YoY)	-13.58%	8.16%	-12.90%	45.08%	-14.16%
Cost of Revenue	617.68	703.1	668.68	723.98	533.03
Gross Profit	349.52	416.1	366.08	464.09	285.86
Selling, General & Admin	79.55	73.74	89.52	94.83	86.71
Other Operating Expenses	43.48	57.83	41.28	41.83	13.58
Operating Expenses	181.85	186.07	179.73	171.15	131.4
Operating Income	167.66	230.03	186.35	292.95	154.46
Interest Expense	-154.34	-188.18	-148.43	-	-89.24
Interest & Investment Income	45.11	41.84	58.28	5.83	0.24
Earnings From Equity Investments	-34.06	-39.38	-18.07	-38.19	-91.86
Currency Exchange Gain (Loss)	1.01	-5.63	0.86	-	8.6
Other Non Operating Income (Expenses)	-	-	-	-93.22	-43.56
EBT Excluding Unusual Items	25.39	38.69	78.99	167.36	-61.38
Gain (Loss) on Sale of Assets	-	-	-	-	311.97
Pretax Income	25.39	38.69	78.99	167.36	250.59
Income Tax Expense	19.11	25.24	18.95	63.69	59.96
Earnings From Continuing Operations	6.27	13.46	60.04	103.67	190.63
Earnings From Discontinued Operations	-	-	-	-	-10.19
Net Income to Company	6.27	13.46	60.04	103.67	180.43
Minority Interest in Earnings	14.57	13.22	-13.76	18.5	6.3
Net Income	20.84	26.67	46.28	122.17	186.74
Net Income to Common	20.84	26.67	46.28	122.17	186.74
Net Income Growth	-21.87%	-42.37%	-62.12%	-34.58%	-73.65%
Shares Outstanding (Basic)	1,891	1,891	1,891	1,891	1,891
Shares Outstanding (Diluted)	1,891	1,891	1,891	1,891	1,891
EPS (Basic)	0.01	0.01	0.02	0.06	0.10
EPS (Diluted)	0.01	0.01	0.02	0.06	0.10
EPS Growth	-21.43%	-42.79%	-62.12%	-34.58%	-73.65%
Free Cash Flow	407.47	904.91	178.34	374.8	558.87
Free Cash Flow Per Share	0.21	0.48	0.09	0.20	0.30
Dividend Per Share	-	0.004	0.004	-	0.021
Dividend Growth	-	-8.89%	-	-	13.89%
Gross Margin	36.14%	37.18%	35.38%	39.06%	34.91%
Operating Margin	17.34%	20.55%	18.01%	24.66%	18.86%
Profit Margin	2.15%	2.38%	4.47%	10.28%	22.80%
Free Cash Flow Margin	42.13%	80.85%	17.23%	31.55%	68.25%
EBITDA	180.92	240.59	192.63	299.37	159.27
EBITDA Margin	18.71%	21.50%	18.62%	25.20%	19.45%
D&A For EBITDA	13.26	10.56	6.28	6.42	4.81
EBIT	167.66	230.03	186.35	292.95	154.46
EBIT Margin	17.34%	20.55%	18.01%	24.66%	18.86%
Effective Tax Rate	75.28%	65.22%	23.99%	38.06%	23.93%
Revenue as Reported	967.2	1,119	1,035	1,188	818.89
Advertising Expenses	0.81	1	1.57	1.25	0.94

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