SPC Power Corporation (PSE:SPC)

SPC Power Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,792	3,035	2,874	2,496	2,469	1,996
Revenue Growth (YoY)	-6.72%	5.59%	15.14%	1.07%	23.71%	-28.69%
Fuel & Purchased Power	0.75	0.75	0.72	0.65	2.77	2.87
Operations & Maintenance	-1,470	39.01	36.21	29	16.68	18.13
Selling, General & Admin	146.74	119.55	144.77	133.24	96.43	106.98
Depreciation & Amortization	10.18	10.18	7.9	3.55	9.19	9.28
Other Operating Expenses	2,480	2,480	2,199	2,090	2,033	1,511
Total Operating Expenses	1,168	2,650	2,389	2,257	2,158	1,648
Operating Income	1,623	384.74	484.89	238.99	311.15	348.24
Interest Expense	-6.15	-6.26	-5.48	-4.95	-4.47	-4.65
Interest Income	207.39	190.19	159.84	27.34	34.59	51.64
Net Interest Expense	201.24	183.93	154.36	22.39	30.12	46.99
Income (Loss) on Equity Investments	693.09	810.09	587.16	925.35	867.85	1,213
Currency Exchange Gain (Loss)	40.07	42.38	-8.27	94.36	7.83	-7.46
Other Non-Operating Income (Expenses)	30.5	38.04	18.3	15.42	62.39	155.37
EBT Excluding Unusual Items	2,588	1,459	1,236	1,297	1,279	1,757
Pretax Income	2,588	1,459	1,236	1,297	1,279	1,757
Income Tax Expense	274.37	92.74	112.08	99.94	81.63	123.25
Earnings From Continuing Ops.	2,314	1,366	1,124	1,197	1,198	1,633
Earnings From Discontinued Ops.	-15.31	179.55	46.58	80.92	-	-
Net Income to Company	2,299	1,546	1,171	1,277	1,198	1,633
Minority Interest in Earnings	-12.92	-63.34	-1.05	-5.14	-7.06	-29.91
Net Income	2,286	1,483	1,170	1,272	1,191	1,603
Net Income to Common	2,286	1,483	1,170	1,272	1,191	1,603
Net Income Growth	150.21%	26.73%	-8.05%	6.86%	-25.74%	-10.03%
Shares Outstanding (Basic)	1,497	1,497	1,497	1,497	1,497	1,497
Shares Outstanding (Diluted)	1,497	1,497	1,497	1,497	1,497	1,497
EPS (Basic)	1.53	0.99	0.78	0.85	0.80	1.07
EPS (Diluted)	1.53	0.99	0.78	0.85	0.80	1.07
EPS Growth	150.21%	26.74%	-8.12%	6.86%	-25.74%	-10.04%
Free Cash Flow	1,599	337.93	743.39	292.4	229.66	579.77
Free Cash Flow Per Share	1.07	0.23	0.50	0.20	0.15	0.39
Dividend Per Share	0.800	1.200	0.600	0.200	1.150	0.800
Dividend Growth	-	100.00%	200.00%	-82.61%	43.75%	-27.27%
Profit Margin	81.87%	48.86%	40.71%	50.98%	48.22%	80.33%
Free Cash Flow Margin	57.29%	11.14%	25.87%	11.72%	9.30%	29.05%
EBITDA	1,683	463.89	575.4	323.25	397.51	441.85
EBITDA Margin	60.29%	15.29%	20.02%	12.95%	16.10%	22.14%
D&A For EBITDA	59.81	79.15	90.51	84.26	86.37	93.61
EBIT	1,623	384.74	484.89	238.99	311.15	348.24
EBIT Margin	58.15%	12.68%	16.87%	9.58%	12.60%	17.45%
Effective Tax Rate	10.60%	6.36%	9.06%	7.71%	6.38%	7.02%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.