SP New Energy Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Revenue	1,655	1,563	1,200	635.45	-	-
Revenue Growth (YoY)	38.92%	30.23%	88.86%	-	-	-
Selling, General & Admin	341.97	293.61	1,529	153.93	48.6	63.36
Depreciation & Amortization	14.93	14.93	3.53	5.56	2.58	-
Other Operating Expenses	1,129	1,066	765.97	375.53	19.43	-
Total Operating Expenses	1,486	1,375	2,299	535.02	70.61	63.36
Operating Income	169.36	188.02	-1,099	100.43	-70.61	-63.36
Interest Expense	-644.37	-594.47	-282.2	-167.23	-4.53	-9.14
Interest Income	123.43	122.77	343.56	29.99	2.92	0.55
Net Interest Expense	-520.94	-471.7	61.36	-137.24	-1.62	-8.59
Other Non-Operating Income (Expenses)	-3,313	-3,477	39.78	5,991	-2.08	-
EBT Excluding Unusual Items	-3,665	-3,761	-997.62	5,954	-74.31	-71.95
Gain (Loss) on Sale of Assets	-	-	-95.9	17.8	-	-
Pretax Income	-3,665	-3,761	-1,094	5,972	-74.31	-71.95
Income Tax Expense	366.49	342.81	73.64	23.95	-8.97	-11.37
Earnings From Continuing Ops.	-4,031	-4,103	-1,167	5,948	-65.34	-60.58
Minority Interest in Earnings	6.2	-	-436.7	-240.85	-	-
Net Income	-4,025	-4,103	-1,604	5,707	-65.34	-60.58
Net Income to Common	-4,025	-4,103	-1,604	5,707	-65.34	-60.58
Shares Outstanding (Basic)	47,864	50,073	50,007	24,218	8,771	6,999
Shares Outstanding (Diluted)	47,864	50,073	50,007	24,218	8,771	6,999
Shares Change (YoY)	-1.88%	0.13%	106.49%	176.13%	25.30%	1417.65%
EPS (Basic)	-0.08	-0.08	-0.03	0.24	-0.01	-0.01
EPS (Diluted)	-0.08	-0.08	-0.03	0.24	-0.01	-0.01
Free Cash Flow	-	-	-7,593	-611.6	-1,479	-977.6
Free Cash Flow Per Share	-	-	-0.15	-0.03	-0.17	-0.14
Profit Margin	-243.20%	-262.54%	-133.64%	898.06%	-	-
Free Cash Flow Margin	-	-	-632.71%	-96.25%	-	-
EBITDA	476.41	492.2	-734.44	306.68	-	-
EBITDA Margin	28.79%	31.49%	-61.20%	48.26%	-	-
D&A For EBITDA	307.06	304.18	364.31	206.25	-	-
EBIT	169.36	188.02	-1,099	100.43	-70.61	-63.36
EBIT Margin	10.23%	12.03%	-91.55%	15.80%	-	-
Effective Tax Rate	-	-	-	0.40%	-	-

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