Swift Foods Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	38.48	42.79	56.24	42.69	24.59	37.4
Revenue Growth (YoY)	-15.57%	-23.92%	31.74%	73.63%	-34.25%	-37.48%
Cost of Revenue	36.38	41.21	53.05	36.54	23.97	36.43
Gross Profit	2.1	1.58	3.19	6.16	0.62	0.97
Selling, General & Admin	15.4	16.28	15.2	15	15.25	16.52
Other Operating Expenses	0.4	0.4	0.42	0.4	-	-
Operating Expenses	15.8	16.68	15.62	15.4	15.25	16.52
Operating Income	-13.7	-15.1	-12.43	-9.24	-14.63	-15.55
Interest & Investment Income	0.09	0.09	0.06	0.03	0.02	0.05
Other Non Operating Income (Expenses)	5.58	6.49	13.03	6.34	9.73	9.8
EBT Excluding Unusual Items	-8.04	-8.53	0.66	-2.87	-4.88	-5.71
Gain (Loss) on Sale of Assets	0.8	0.8	-	-	-	-
Asset Writedown	78.35	78.35	137.21	1.31	18.72	78.56
Legal Settlements	-	-	-	-	-	4.03
Other Unusual Items	0.41	0.41	0.3	2.36	0.42	6.57
Pretax Income	71.52	71.03	138.17	0.8	14.26	83.45
Income Tax Expense	19.78	19.78	34.55	0.46	-10.84	23.96
Net Income	51.74	51.25	103.62	0.35	25.1	59.48
Net Income to Common	51.74	51.25	103.62	0.35	25.1	59.48
Net Income Growth	-49.27%	-50.54%	29848.27%	-98.62%	-57.81%	-34.78%
Shares Outstanding (Basic)	1,818	1,818	1,818	1,818	1,818	1,818
Shares Outstanding (Diluted)	2,309	2,309	2,303	1,818	1,818	1,818
Shares Change (YoY)	0.26%	0.26%	26.63%	-	-	-
EPS (Basic)	0.03	0.03	0.06	0.00	0.01	0.03
EPS (Diluted)	0.02	0.02	0.04	0.00	0.01	0.03
EPS Growth	-49.40%	-50.67%	23584.21%	-98.62%	-57.81%	-34.78%
Gross Margin	5.46%	3.69%	5.67%	14.42%	2.53%	2.59%
Operating Margin	-35.60%	-35.29%	-22.10%	-21.65%	-59.49%	-41.59%
Profit Margin	134.44%	119.77%	184.24%	0.81%	102.06%	159.06%
EBIT	-13.7	-15.1	-12.43	-9.24	-14.63	-15.55
EBIT Margin	-35.60%	-35.29%	-22.10%	-21.65%	-59.49%	-41.59%
Effective Tax Rate	27.65%	27.84%	25.01%	56.80%	-	28.72%
Revenue as Reported	54.32	54.32	68.05	64.4	28.69	45.5
Advertising Expenses	-	0.01	-	-	0.01	0.1

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