Victorias Milling Company, Inc. (PSE:VMC)

Victorias Milling Company Income Statement

Financials in millions PHP. Fiscal year is September - August.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 28, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Revenue	11,333	11,377	15,547	8,550	7,468	6,955
Revenue Growth (YoY)	-9.67%	-26.82%	81.83%	14.49%	7.37%	24.66%
Cost of Revenue	9,257	9,560	12,898	6,940	6,321	5,472
Gross Profit	2,076	1,817	2,649	1,611	1,147	1,484
Selling, General & Admin	668.96	644.27	636	613.86	524.44	586.54
Other Operating Expenses	29.93	-	-	-	-	-
Operating Expenses	699.36	644.27	636	613.86	524.44	586.54
Operating Income	1,377	1,172	2,013	996.82	623.06	897.11
Interest Expense	-	-	-	-	-	-18.96
Interest & Investment Income	88.6	85.51	85.47	4.13	2	2.84
Currency Exchange Gain (Loss)	13.02	6.88	-5.48	18.23	1.33	-6.06
Other Non Operating Income (Expenses)	230.49	295.21	-396.08	170.31	213.43	183.66
EBT Excluding Unusual Items	1,709	1,560	1,697	1,189	839.82	1,059
Gain (Loss) on Sale of Investments	-2.09	-2.36	3.37	11.47	6.75	2.21
Gain (Loss) on Sale of Assets	-	-	-	-	-	-42.16
Asset Writedown	53.24	53.24	33.18	49.55	42.07	37.91
Legal Settlements	111.99	111.99	-11.98	-205.11	-27.59	-59.85
Pretax Income	1,874	1,725	1,724	1,090	861.05	996.7
Income Tax Expense	105.2	176.52	152.92	123.57	74.81	156.81
Earnings From Continuing Operations	1,769	1,548	1,571	966.07	786.24	839.88
Minority Interest in Earnings	4.17	2	1.17	-0.08	1.58	0.15
Net Income	1,773	1,550	1,572	965.99	787.82	840.03
Net Income to Common	1,773	1,550	1,572	965.99	787.82	840.03
Net Income Growth	46.54%	-1.36%	62.72%	22.62%	-6.21%	2.76%
Shares Outstanding (Basic)	5,486	5,484	5,484	5,484	5,484	5,484
Shares Outstanding (Diluted)	5,486	5,484	5,484	5,484	5,484	5,484
Shares Change (YoY)	0.04%	-	-	-	-	-
EPS (Basic)	0.32	0.28	0.29	0.18	0.14	0.15
EPS (Diluted)	0.32	0.28	0.28	0.17	0.14	0.15
EPS Growth	46.87%	-0.80%	62.86%	21.82%	-6.21%	2.76%
Free Cash Flow	892.61	1,296	358.62	1,199	1,096	251.83
Free Cash Flow Per Share	0.16	0.24	0.07	0.22	0.20	0.05
Dividend Per Share	0.050	0.050	0.025	0.025	0.025	-
Dividend Growth	100.00%	100.00%	-	-	-	-
Gross Margin	18.32%	15.97%	17.04%	18.84%	15.37%	21.33%
Operating Margin	12.15%	10.30%	12.95%	11.66%	8.34%	12.90%
Profit Margin	15.65%	13.63%	10.11%	11.30%	10.55%	12.08%
Free Cash Flow Margin	7.88%	11.39%	2.31%	14.02%	14.68%	3.62%
EBITDA	1,768	1,577	2,443	1,420	1,024	1,353
EBITDA Margin	15.60%	13.86%	15.71%	16.61%	13.71%	19.45%
D&A For EBITDA	390.91	404.3	429.96	423.64	400.55	455.94
EBIT	1,377	1,172	2,013	996.82	623.06	897.11
EBIT Margin	12.15%	10.30%	12.95%	11.66%	8.34%	12.90%
Effective Tax Rate	5.61%	10.23%	8.87%	11.34%	8.69%	15.73%
Revenue as Reported	11,333	11,377	15,547	8,550	7,468	6,955

Updated Jan 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.