SM Prime Holdings, Inc. (PSE: SMPH)

SM Prime Holdings 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	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	76,702	72,114	58,244	34,694	32,013	61,760
Other Revenue	58,556	55,984	47,542	47,621	49,886	56,552
Total Revenue	135,258	128,098	105,786	82,315	81,899	118,311
Revenue Growth (YoY	8.45%	21.09%	28.51%	0.51%	-30.78%	13.67%
Property Expenses	22,588	20,656	19,970	19,786	22,109	25,641
Selling, General & Administrative	25,112	24,507	17,861	13,413	14,099	18,509
Depreciation & Amortization	14,735	13,657	12,488	10,817	10,342	10,825
Other Operating Expenses	8,398	7,999	6,224	5,885	6,276	6,644
Total Operating Expenses	70,833	66,818	56,542	49,901	52,825	61,619
Operating Income	64,425	61,279	49,243	32,415	29,074	56,692
Interest Expense	-16,250	-15,202	-12,640	-9,762	-8,920	-9,230
Interest & Investment Income	2,224	2,185	1,776	1,025	1,207	1,746
Income (Loss) on Equity Investments	2,318	2,163	1,720	1,187	694.47	1,492
Other Non-Operating Income	1,135	-437.09	-1,279	2,316	407.61	-1,539
EBT Excluding Unusual Items	53,852	49,988	38,820	27,182	22,464	49,162
Gain (Loss) on Sale of Assets	-148.14	-148.14	-105.7	551.97	-	-
Pretax Income	53,704	49,840	38,714	27,734	22,464	49,162
Income Tax Expense	9,056	8,976	7,971	5,822	4,324	10,373
Earnings From Continuing Operations	44,648	40,864	30,743	21,911	18,140	38,789
Minority Interest in Earnings	-885.15	-853.34	-643.33	-124.89	-133.23	-703.07
Net Income	43,762	40,011	30,100	21,787	18,007	38,086
Net Income to Common	43,762	40,011	30,100	21,787	18,007	38,086
Net Income Growth	14.52%	32.93%	38.16%	20.99%	-52.72%	18.38%
Basic Shares Outstanding	28,856	28,856	28,856	28,856	28,856	28,856
Diluted Shares Outstanding	28,856	28,856	28,856	28,856	28,856	28,856
Shares Change (YoY)	-	-	-	-	-	0.01%
EPS (Basic)	1.52	1.39	1.04	0.75	0.62	1.32
EPS (Diluted)	1.52	1.39	1.04	0.75	0.62	1.32
EPS Growth	14.53%	32.93%	38.16%	20.99%	-52.72%	18.37%
Dividend Per Share	0.346	0.346	0.237	0.097	0.082	0.185
Dividend Growth	45.99%	45.99%	144.33%	18.29%	-55.68%	-47.14%
Operating Margin	47.63%	47.84%	46.55%	39.38%	35.50%	47.92%
Profit Margin	32.35%	31.23%	28.45%	26.47%	21.99%	32.19%
Free Cash Flow Margin	50.50%	48.35%	33.02%	37.26%	20.99%	43.72%
EBITDA	77,771	74,177	60,912	43,231	39,416	67,517
EBITDA Margin	57.50%	57.91%	57.58%	52.52%	48.13%	57.07%
D&A For Ebitda	13,346	12,897	11,669	10,816	10,342	10,825
EBIT	64,425	61,279	49,243	32,415	29,074	56,692
EBIT Margin	47.63%	47.84%	46.55%	39.38%	35.50%	47.92%
Effective Tax Rate	16.86%	18.01%	20.59%	20.99%	19.25%	21.10%
Revenue as Reported	135,258	128,098	105,786	82,315	81,899	118,311

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