Universal Robina 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 2021
Period Ending	Jun '26 Jun 30, 2026	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	169,762	166,309	160,367	156,252	147,624	115,855
Revenue Growth	2.57%	3.71%	2.63%	5.85%	27.42%	3.29%
Cost of Revenue	124,369	122,181	116,545	113,677	109,426	83,054
Gross Profit	45,393	44,128	43,822	42,575	38,198	32,801
Selling, General & Admin	29,372	28,076	27,256	25,228	22,990	20,121
Operating Expenses	30,079	28,783	27,424	25,464	22,994	20,152
Operating Income	15,313	15,345	16,398	17,111	15,204	12,649
Interest Expense	-1,205	-1,315	-1,544	-1,539	-780.05	-536.53
Interest & Investment Income	260.17	290.03	364.36	311.2	273.54	255.37
Earnings From Equity Investments	-100.92	-133.25	-140.07	-287.25	-378.97	-91.08
Currency Exchange Gain (Loss)	-24.02	98.16	822.66	259.41	373.24	346.27
Other Non Operating Income (Expenses)	-780.59	-1,045	-136.07	-346.84	-276.42	-811.05
EBT Excluding Unusual Items	13,463	13,240	15,764	15,508	14,415	11,812
Gain (Loss) on Sale of Investments	1.8	43.16	-3.67	172.31	70.4	87.19
Gain (Loss) on Sale of Assets	22.62	179.27	47.52	18.4	3,281	3,184
Asset Writedown	561.49	6.19	8.98	0.34	-322.67	-539.25
Pretax Income	14,049	13,469	15,817	15,699	17,444	14,544
Income Tax Expense	2,774	2,631	3,058	2,977	2,995	1,579
Earnings From Continuing Operations	11,275	10,838	12,759	12,723	14,449	12,965
Earnings From Discontinued Operations	47.85	-34.65	-405.55	-18.05	21.94	11,281
Net Income to Company	11,323	10,803	12,354	12,705	14,471	24,246
Minority Interest in Earnings	-491.74	-607.14	-692.09	-613.31	-515.15	-922.21
Net Income	10,831	10,196	11,662	12,091	13,956	23,324
Net Income to Common	10,831	10,196	11,662	12,091	13,956	23,324
Net Income Growth	-4.49%	-12.57%	-3.55%	-13.36%	-40.16%	117.03%
Shares Outstanding (Basic)	2,138	2,139	2,165	2,178	2,185	2,204
Shares Outstanding (Diluted)	2,138	2,139	2,165	2,178	2,185	2,204
Shares Change	-0.55%	-1.20%	-0.60%	-0.32%	-0.83%	-0.02%
EPS (Basic)	5.07	4.77	5.39	5.55	6.39	10.58
EPS (Diluted)	5.07	4.77	5.39	5.55	6.39	10.58
EPS Growth	-3.95%	-11.51%	-2.97%	-13.08%	-39.66%	117.07%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	10,182	4,890	13,005	632.73	2,216	266.79
Free Cash Flow Per Share	4.76	2.29	6.01	0.29	1.01	0.12
Dividend Per Share	2.100	2.000	3.800	1.500	1.500	1.500
Dividend Growth	-46.15%	-47.37%	153.33%	0%	0%	0%
Gross Margin	26.74%	26.53%	27.33%	27.25%	25.87%	28.31%
Operating Margin	9.02%	9.23%	10.22%	10.95%	10.30%	10.92%
Profit Margin	6.38%	6.13%	7.27%	7.74%	9.45%	20.13%
Free Cash Flow Margin	6.00%	2.94%	8.11%	0.40%	1.50%	0.23%
EBITDA	21,364	21,007	21,029	23,210	21,102	18,064
EBITDA Margin	12.58%	12.63%	13.11%	14.85%	14.29%	15.59%
D&A For EBITDA	6,050	5,662	4,631	6,099	5,898	5,415
EBIT	15,313	15,345	16,398	17,111	15,204	12,649
EBIT Margin	9.02%	9.23%	10.22%	10.95%	10.30%	10.92%
Effective Tax Rate	19.75%	19.54%	19.33%	18.96%	17.17%	10.85%
Advertising Expenses	-	8,430	8,930	7,862	7,055	7,027