Upson International Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	10,923	10,010	9,462	8,568	8,152	7,570
Revenue Growth (YoY)	11.70%	5.80%	10.43%	5.10%	7.70%	-
Cost of Revenue	8,718	7,948	7,323	6,687	6,502	6,002
Gross Profit	2,205	2,062	2,139	1,881	1,650	1,568
Selling, General & Admin	1,379	1,274	1,144	957.31	824	783.95
Other Operating Expenses	37.97	61.08	56.51	57	96.95	62.22
Operating Expenses	1,809	1,644	1,481	1,318	1,236	1,204
Operating Income	396.39	417.95	657.35	562.96	413.62	364.05
Interest Expense	-142.98	-123.5	-74.15	-116.26	-213.97	-245.97
Interest & Investment Income	34.72	46.81	0.54	0.71	0.92	0.41
Currency Exchange Gain (Loss)	12.66	7.47	7.02	-	-	-
Other Non Operating Income (Expenses)	288.77	235.25	108.74	36.83	-	3.26
EBT Excluding Unusual Items	589.56	583.99	699.51	484.24	200.57	121.75
Other Unusual Items	-0.1	-	17.5	53.31	94.54	-
Pretax Income	589.46	583.99	717.01	537.55	295.12	121.75
Income Tax Expense	126.42	119.8	179.15	133.91	88.37	36.45
Net Income	463.73	464.19	537.86	403.64	206.74	85.3
Net Income to Common	463.73	464.19	537.86	403.64	206.74	85.3
Net Income Growth	-11.91%	-13.70%	33.25%	95.24%	142.38%	-
Shares Outstanding (Basic)	3,125	2,969	2,500	1,338	1,338	1,338
Shares Outstanding (Diluted)	3,125	2,969	2,500	1,338	1,338	1,338
Shares Change (YoY)	11.11%	18.75%	86.92%	-	-	-
EPS (Basic)	0.15	0.16	0.22	0.30	0.15	0.06
EPS (Diluted)	0.15	0.16	0.22	0.30	0.15	0.06
EPS Growth	-19.92%	-27.32%	-28.71%	95.24%	142.38%	-
Free Cash Flow	-218.16	-151.07	-429.44	864.2	485.11	521.26
Free Cash Flow Per Share	-0.07	-0.05	-0.17	0.65	0.36	0.39
Dividend Per Share	0.064	0.104	0.160	0.134	-	-
Dividend Growth	60.40%	-34.90%	19.40%	-	-	-
Gross Margin	20.19%	20.60%	22.60%	21.95%	20.24%	20.71%
Operating Margin	3.63%	4.18%	6.95%	6.57%	5.07%	4.81%
Profit Margin	4.25%	4.64%	5.68%	4.71%	2.54%	1.13%
Free Cash Flow Margin	-2.00%	-1.51%	-4.54%	10.09%	5.95%	6.89%
EBITDA	507.48	518.59	760.03	697.91	535.39	490.12
EBITDA Margin	4.65%	5.18%	8.03%	8.15%	6.57%	6.47%
D&A For EBITDA	111.09	100.65	102.68	134.95	121.77	126.07
EBIT	396.39	417.95	657.35	562.96	413.62	364.05
EBIT Margin	3.63%	4.18%	6.95%	6.57%	5.07%	4.81%
Effective Tax Rate	21.45%	20.51%	24.99%	24.91%	29.95%	29.94%
Advertising Expenses	-	15.13	19.38	4.11	3.26	0.15

Source: S&P Capital IQ. Standard template. Financial Sources.