SP New Energy Corporation (PSE:SPNEC)

SP New Energy Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jun 30, 2022	Jun 30, 2021
Revenue	1,200	635.45	-	-	-
Revenue Growth (YoY)	88.86%	-	-	-	-
Selling, General & Admin	1,529	153.93	48.6	63.36	6.65
Depreciation & Amortization	3.53	5.56	2.58	-	4.04
Other Operating Expenses	765.97	375.53	19.43	-	1.45
Total Operating Expenses	2,299	535.02	70.61	63.36	12.14
Operating Income	-1,099	100.43	-70.61	-63.36	-12.14
Interest Expense	-282.2	-167.23	-4.53	-9.14	-7.65
Interest Income	343.56	29.99	2.92	0.55	0.01
Net Interest Expense	61.36	-137.24	-1.62	-8.59	-7.64
Other Non-Operating Income (Expenses)	39.78	5,991	-2.08	-	-2.88
EBT Excluding Unusual Items	-997.62	5,954	-74.31	-71.95	-22.67
Gain (Loss) on Sale of Assets	-95.9	17.8	-	-	-
Pretax Income	-1,094	5,972	-74.31	-71.95	-22.67
Income Tax Expense	73.64	23.95	-8.97	-11.37	0.9
Earnings From Continuing Ops.	-1,167	5,948	-65.34	-60.58	-23.57
Minority Interest in Earnings	-436.7	-240.85	-	-	-
Net Income	-1,604	5,707	-65.34	-60.58	-23.57
Net Income to Common	-1,604	5,707	-65.34	-60.58	-23.57
Shares Outstanding (Basic)	50,007	24,218	8,771	6,999	461
Shares Outstanding (Diluted)	50,007	24,218	8,771	6,999	461
Shares Change (YoY)	106.49%	176.13%	25.30%	1417.65%	16298.07%
EPS (Basic)	-0.03	0.24	-0.01	-0.01	-0.05
EPS (Diluted)	-0.03	0.24	-0.01	-0.01	-0.05
Free Cash Flow	-7,593	-611.6	-1,479	-977.6	-5.47
Free Cash Flow Per Share	-0.15	-0.03	-0.17	-0.14	-0.01
Profit Margin	-133.64%	898.06%	-	-	-
Free Cash Flow Margin	-632.71%	-96.25%	-	-	-
EBITDA	-734.44	306.68	-	-	-8.11
EBITDA Margin	-61.20%	48.26%	-	-	-
D&A For EBITDA	364.31	206.25	-	-	4.04
EBIT	-1,099	100.43	-70.61	-63.36	-12.14
EBIT Margin	-91.55%	15.80%	-	-	-
Effective Tax Rate	-	0.40%	-	-	-

Updated Nov 15, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.