Upson International Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	12,487	11,131	10,010	9,462	8,568	8,152
Revenue Growth (YoY)	14.32%	11.20%	5.80%	10.44%	5.10%	7.70%
Cost of Revenue	9,934	8,816	7,948	7,323	6,687	6,502
Gross Profit	2,553	2,315	2,062	2,139	1,881	1,650
Selling, General & Admin	1,608	1,386	1,274	1,144	957.31	824
Other Operating Expenses	107.62	76.7	61.08	56.51	57	96.95
Operating Expenses	2,178	1,869	1,644	1,481	1,318	1,236
Operating Income	375.31	446.38	417.95	657.35	562.96	413.62
Interest Expense	-173.77	-152.44	-123.5	-74.15	-116.26	-213.97
Interest & Investment Income	8.46	27.08	46.81	0.54	0.71	0.92
Currency Exchange Gain (Loss)	8.83	8.83	7.47	7.02	-	-
Other Non Operating Income (Expenses)	329.61	305.32	235.15	108.74	36.83	-
EBT Excluding Unusual Items	548.44	635.18	583.88	699.51	484.24	200.57
Other Unusual Items	0.6	0.07	0.1	17.5	53.31	94.54
Pretax Income	549.04	635.25	583.99	717.01	537.55	295.12
Income Tax Expense	145.58	153.73	119.8	179.15	133.91	88.37
Net Income	396.87	481.51	464.19	537.86	403.64	206.74
Net Income to Common	396.87	481.51	464.19	537.86	403.64	206.74
Net Income Growth	-14.42%	3.73%	-13.70%	33.25%	95.24%	142.38%
Shares Outstanding (Basic)	3,125	3,125	2,969	2,500	1,338	1,338
Shares Outstanding (Diluted)	3,125	3,125	2,969	2,500	1,338	1,338
Shares Change (YoY)	-	5.26%	18.75%	86.92%	-	-
EPS (Basic)	0.13	0.15	0.16	0.22	0.30	0.15
EPS (Diluted)	0.13	0.15	0.16	0.22	0.30	0.15
EPS Growth	-14.42%	-4.07%	-27.32%	-28.71%	95.24%	142.38%
Free Cash Flow	-419.41	-556.05	-151.07	-429.44	864.2	485.11
Free Cash Flow Per Share	-0.13	-0.18	-0.05	-0.17	0.65	0.36
Dividend Per Share	0.060	-	0.104	0.160	0.134	-
Dividend Growth	-6.48%	-	-34.90%	19.40%	-	-
Gross Margin	20.45%	20.80%	20.60%	22.60%	21.95%	20.24%
Operating Margin	3.01%	4.01%	4.17%	6.95%	6.57%	5.07%
Profit Margin	3.18%	4.33%	4.64%	5.68%	4.71%	2.54%
Free Cash Flow Margin	-3.36%	-5.00%	-1.51%	-4.54%	10.09%	5.95%
EBITDA	491.12	559.25	518.59	760.03	697.91	535.39
EBITDA Margin	3.93%	5.02%	5.18%	8.03%	8.15%	6.57%
D&A For EBITDA	115.81	112.87	100.65	102.68	134.95	121.77
EBIT	375.31	446.38	417.95	657.35	562.96	413.62
EBIT Margin	3.01%	4.01%	4.17%	6.95%	6.57%	5.07%
Effective Tax Rate	26.52%	24.20%	20.51%	24.99%	24.91%	29.95%
Advertising Expenses	-	5.61	15.13	19.38	4.11	3.26

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