Solid Group 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	Jan '22 Jan 1, 2022
Operating Revenue	3,151	2,779	2,377	1,578	1,513
Other Revenue	86.24	81.79	90.29	56.67	26.87
Revenue	3,237	2,861	2,467	1,635	1,540
Revenue Growth (YoY)	13.15%	15.98%	50.92%	6.14%	33.67%
Cost of Revenue	2,037	1,932	1,639	1,058	1,064
Gross Profit	1,200	929.15	827.97	576.4	475.87
Selling, General & Admin	699.27	618.73	604.05	389.88	358.46
Other Operating Expenses	-245.16	-70.58	-65.59	-76.47	-52.22
Operating Expenses	454.12	548.15	538.46	313.41	306.24
Operating Income	746.14	381	289.51	262.99	169.63
Interest Expense	-60.26	-1.9	-1.7	-0.51	-1.03
Interest & Investment Income	-	103.36	91.91	32.01	14.46
Currency Exchange Gain (Loss)	-	9.51	-3.8	14.26	22.78
Other Non Operating Income (Expenses)	245.29	87.66	43.03	38.5	48.51
EBT Excluding Unusual Items	931.17	579.63	418.96	347.25	254.35
Merger & Restructuring Charges	-	-	-	-1.6	-4.78
Gain (Loss) on Sale of Assets	-	-4.61	8.15	2.25	1.41
Asset Writedown	-	263.27	296.7	216.03	500.95
Other Unusual Items	-	-	6.06	28.21	3.52
Pretax Income	931.17	849.49	731.35	592.14	755.44
Income Tax Expense	226.5	246.69	199.58	163.22	77.85
Earnings From Continuing Operations	704.68	602.8	531.77	428.93	677.59
Minority Interest in Earnings	-7.69	-51.44	-22.15	-1.3	-11.44
Net Income	696.98	551.36	509.62	427.62	666.15
Net Income to Common	696.98	551.36	509.62	427.62	666.15
Net Income Growth	26.41%	8.19%	19.18%	-35.81%	202.59%
Shares Outstanding (Basic)	1,834	1,822	1,822	1,822	1,822
Shares Outstanding (Diluted)	1,834	1,822	1,822	1,822	1,822
Shares Change (YoY)	0.69%	-	-	-	-
EPS (Basic)	0.38	0.30	0.28	0.23	0.37
EPS (Diluted)	0.38	0.30	0.28	0.23	0.37
EPS Growth	26.67%	7.23%	19.18%	-35.81%	202.59%
Free Cash Flow	468.04	15.48	68.54	258.86	383.32
Free Cash Flow Per Share	0.26	0.01	0.04	0.14	0.21
Dividend Per Share	-	0.100	0.060	0.060	-
Dividend Growth	-	66.67%	-	-	-
Gross Margin	37.08%	32.48%	33.56%	35.26%	30.90%
Operating Margin	23.05%	13.32%	11.74%	16.09%	11.02%
Profit Margin	21.53%	19.27%	20.66%	26.16%	43.26%
Free Cash Flow Margin	14.46%	0.54%	2.78%	15.84%	24.89%
EBITDA	844.34	482.71	368.82	343.29	251.72
EBITDA Margin	26.08%	16.87%	14.95%	21.00%	16.35%
D&A For EBITDA	98.19	101.7	79.3	80.3	82.09
EBIT	746.14	381	289.51	262.99	169.63
EBIT Margin	23.05%	13.32%	11.74%	16.09%	11.02%
Effective Tax Rate	24.32%	29.04%	27.29%	27.56%	10.31%
Advertising Expenses	-	5.7	3.16	0.54	1.35

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