PSE:TOP Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,190	3,374	2,876	2,168	1,292
Revenue Growth (YoY)	24.18%	17.32%	32.67%	67.72%	-
Cost of Revenue	3,799	3,094	2,642	1,986	1,135
Gross Profit	391.22	280.14	234.37	182.18	156.98
Selling, General & Admin	195.13	70.98	39.31	30.49	30.05
Other Operating Expenses	-138.96	-59.8	-4.15	2.47	-0.88
Operating Expenses	56.17	41.23	45.67	39.54	33.11
Operating Income	335.05	238.91	188.7	142.63	123.88
Interest Expense	-173.99	-125.12	-85.91	-55.49	-33.36
Interest & Investment Income	0.29	0.16	0.14	0.07	0.02
Other Non Operating Income (Expenses)	-0	-1.24	-2.24	-4.63	-3.69
EBT Excluding Unusual Items	161.35	112.72	100.68	82.59	86.85
Gain (Loss) on Sale of Assets	-	20.6	-	-	-
Asset Writedown	-	-	-0.01	-	-0.37
Other Unusual Items	-	-	3.7	-	-
Pretax Income	161.35	133.32	104.37	82.59	86.48
Income Tax Expense	41.06	33.88	26.15	20.66	21.77
Earnings From Continuing Operations	120.29	99.44	78.22	61.93	64.71
Minority Interest in Earnings	-0.07	0.02	-0.01	-0.09	-3.4
Net Income	120.22	99.46	78.21	61.84	61.31
Net Income to Common	120.22	99.46	78.21	61.84	61.31
Net Income Growth	20.88%	27.17%	26.47%	0.86%	-
Shares Outstanding (Basic)	10,205	7,227	3,125	3,125	1,580
Shares Outstanding (Diluted)	10,205	7,227	3,125	3,125	1,580
Shares Change (YoY)	41.22%	131.25%	-	97.78%	-
EPS (Basic)	0.01	0.01	0.03	0.02	0.04
EPS (Diluted)	0.01	0.01	0.03	0.02	0.04
EPS Growth	-14.40%	-45.01%	26.48%	-49.01%	-
Free Cash Flow	-807.81	-138.83	-945.62	-82.23	-424.29
Free Cash Flow Per Share	-0.08	-0.02	-0.30	-0.03	-0.27
Dividend Per Share	-	0.003	-	-	-
Gross Margin	9.34%	8.30%	8.15%	8.40%	12.15%
Operating Margin	8.00%	7.08%	6.56%	6.58%	9.59%
Profit Margin	2.87%	2.95%	2.72%	2.85%	4.74%
Free Cash Flow Margin	-19.28%	-4.12%	-32.88%	-3.79%	-32.83%
EBITDA	386.9	274.85	201.58	154.45	129.81
EBITDA Margin	9.23%	8.15%	7.01%	7.12%	10.04%
D&A For EBITDA	51.85	35.94	12.88	11.82	5.93
EBIT	335.05	238.91	188.7	142.63	123.88
EBIT Margin	8.00%	7.08%	6.56%	6.58%	9.59%
Effective Tax Rate	25.45%	25.41%	25.06%	25.01%	25.17%
Revenue as Reported	4,190	3,374	2,876	2,168	1,292
Advertising Expenses	-	2.29	0.23	0.08	0.11

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