SM Prime Holdings, Inc. (PSE:SMPH)

SM Prime Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	78,674	72,114	58,244	34,694	32,013
Other Revenue	61,717	55,984	47,542	47,621	49,886
Total Revenue	140,391	128,098	105,786	82,315	81,899
Revenue Growth (YoY	9.60%	21.09%	28.51%	0.51%	-30.78%
Property Expenses	23,564	20,656	19,970	19,786	22,109
Selling, General & Administrative	24,289	24,507	17,861	13,413	14,099
Depreciation & Amortization	15,038	13,657	12,488	10,817	10,342
Other Operating Expenses	9,463	7,999	6,224	5,885	6,276
Total Operating Expenses	72,354	66,818	56,542	49,901	52,825
Operating Income	68,037	61,279	49,243	32,415	29,074
Interest Expense	-15,096	-15,202	-11,903	-9,762	-8,920
Interest & Investment Income	2,229	2,185	1,776	1,025	1,207
Income (Loss) on Equity Investments	2,043	2,163	1,720	1,187	694.47
Other Non-Operating Income	-395.27	-437.09	-2,017	2,316	407.61
EBT Excluding Unusual Items	56,818	49,988	38,820	27,182	22,464
Gain (Loss) on Sale of Assets	24.56	-148.14	-105.7	551.97	-
Pretax Income	56,842	49,840	38,714	27,734	22,464
Income Tax Expense	10,303	8,976	7,971	5,822	4,324
Earnings From Continuing Operations	46,539	40,864	30,743	21,911	18,140
Minority Interest in Earnings	-907.67	-853.34	-643.33	-124.89	-133.23
Net Income	45,632	40,011	30,100	21,787	18,007
Net Income to Common	45,632	40,011	30,100	21,787	18,007
Net Income Growth	14.05%	32.93%	38.16%	20.99%	-52.72%
Basic Shares Outstanding	28,856	28,856	28,856	28,856	28,856
Diluted Shares Outstanding	28,856	28,856	28,856	28,856	28,856
EPS (Basic)	1.58	1.39	1.04	0.75	0.62
EPS (Diluted)	1.58	1.39	1.04	0.75	0.62
EPS Growth	14.05%	32.93%	38.16%	20.99%	-52.72%
Dividend Per Share	-	0.346	0.237	0.097	0.082
Dividend Growth	-	45.99%	144.33%	18.29%	-55.68%
Operating Margin	48.46%	47.84%	46.55%	39.38%	35.50%
Profit Margin	32.50%	31.23%	28.45%	26.47%	21.99%
Free Cash Flow Margin	47.93%	48.91%	33.74%	37.26%	20.99%
EBITDA	82,244	74,177	60,912	43,231	39,416
EBITDA Margin	58.58%	57.91%	57.58%	52.52%	48.13%
D&A For Ebitda	14,207	12,897	11,669	10,816	10,342
EBIT	68,037	61,279	49,243	32,415	29,074
EBIT Margin	48.46%	47.84%	46.55%	39.38%	35.50%
Effective Tax Rate	18.13%	18.01%	20.59%	20.99%	19.25%
Revenue as Reported	140,391	128,098	105,786	82,315	81,899

Source: S&P Capital IQ. Real Estate template. Financial Sources.