Solid Group Inc. (PSE: SGI)

Solid Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,491	2,377	1,578	1,513	1,092	2,521
Other Revenue	80.74	90.29	56.67	26.87	60.5	96.72
Revenue	2,571	2,467	1,635	1,540	1,152	2,618
Revenue Growth (YoY)	12.76%	50.92%	6.14%	33.67%	-56.00%	-30.29%
Cost of Revenue	1,714	1,639	1,058	1,064	752.63	1,995
Gross Profit	857.12	827.97	576.4	475.87	399.41	623.25
Selling, General & Admin	608.38	604.05	389.88	358.46	376.94	563.56
Other Operating Expenses	-60.21	-65.59	-76.47	-52.22	-42.67	-55.63
Operating Expenses	548.17	538.46	313.41	306.24	334.27	507.93
Operating Income	308.95	289.51	262.99	169.63	65.14	115.31
Interest Expense	-1.91	-1.7	-0.51	-1.03	-2.55	-4.88
Interest & Investment Income	104.92	91.91	32.01	14.46	43	99.23
Currency Exchange Gain (Loss)	5.59	-3.8	14.26	22.78	-39.29	-22.99
Other Non Operating Income (Expenses)	96.64	43.03	38.5	48.51	29.46	45.7
EBT Excluding Unusual Items	514.19	418.96	347.25	254.35	95.75	232.39
Merger & Restructuring Charges	-5.12	-	-1.6	-4.78	-0	-0.78
Gain (Loss) on Sale of Assets	0.8	8.15	2.25	1.41	1.61	0.48
Asset Writedown	296.7	296.7	216.03	500.95	265.74	277.78
Other Unusual Items	6.06	6.06	28.21	3.52	-	2.91
Pretax Income	818.03	731.35	592.14	755.44	363.09	512.78
Income Tax Expense	218.3	199.58	163.22	77.85	140.03	286.22
Earnings From Continuing Operations	599.73	531.77	428.93	677.59	223.06	226.56
Minority Interest in Earnings	-39.57	-22.15	-1.3	-11.44	-2.91	-10.23
Net Income	560.16	509.62	427.62	666.15	220.15	216.34
Net Income to Common	560.16	509.62	427.62	666.15	220.15	216.34
Net Income Growth	25.12%	19.18%	-35.81%	202.59%	1.76%	-12.43%
Shares Outstanding (Basic)	1,822	1,822	1,822	1,822	1,822	1,822
Shares Outstanding (Diluted)	1,822	1,822	1,822	1,822	1,822	1,822
EPS (Basic)	0.31	0.28	0.23	0.37	0.12	0.12
EPS (Diluted)	0.31	0.28	0.23	0.37	0.12	0.12
EPS Growth	27.60%	21.64%	-37.11%	202.59%	1.76%	-12.43%
Free Cash Flow	2,427	68.54	258.86	383.32	-1,387	1,117
Free Cash Flow Per Share	1.33	0.04	0.14	0.21	-0.76	0.61
Dividend Per Share	0.100	0.060	0.060	-	-	0.060
Dividend Growth	66.67%	0%	-	-	-	0%
Gross Margin	33.33%	33.56%	35.26%	30.90%	34.67%	23.80%
Operating Margin	12.01%	11.74%	16.09%	11.02%	5.65%	4.40%
Profit Margin	21.78%	20.66%	26.16%	43.26%	19.11%	8.26%
Free Cash Flow Margin	94.39%	2.78%	15.84%	24.89%	-120.41%	42.67%
EBITDA	387.45	368.82	343.29	251.72	147.59	221.28
EBITDA Margin	15.07%	14.95%	21.00%	16.35%	12.81%	8.45%
D&A For EBITDA	78.51	79.3	80.3	82.09	82.45	105.97
EBIT	308.95	289.51	262.99	169.63	65.14	115.31
EBIT Margin	12.01%	11.74%	16.09%	11.02%	5.65%	4.40%
Effective Tax Rate	26.69%	27.29%	27.56%	10.31%	38.57%	55.82%
Revenue as Reported	104.55	-	-	-	1,152	2,618
Advertising Expenses	-	3.16	0.54	1.35	5.38	26.33

Source: S&P Capital IQ. Standard template. Financial Sources.