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	Nov 30, 2024	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Revenue	10,998	11,377	15,547	8,550	7,468	6,955
Revenue Growth (YoY)	-15.07%	-26.82%	81.83%	14.49%	7.37%	24.66%
Cost of Revenue	9,191	9,560	12,898	6,940	6,321	5,472
Gross Profit	1,807	1,817	2,649	1,611	1,147	1,484
Selling, General & Admin	637.49	644.27	636	613.86	524.44	586.54
Other Operating Expenses	29.87	-	-	-	-	-
Operating Expenses	668.74	644.27	636	613.86	524.44	586.54
Operating Income	1,138	1,172	2,013	996.82	623.06	897.11
Interest Expense	-	-	-	-	-	-18.96
Interest & Investment Income	88.89	85.51	85.47	4.13	2	2.84
Currency Exchange Gain (Loss)	21.66	6.88	-5.48	18.23	1.33	-6.06
Other Non Operating Income (Expenses)	335.59	295.21	-396.08	170.31	213.43	183.66
EBT Excluding Unusual Items	1,584	1,560	1,697	1,189	839.82	1,059
Gain (Loss) on Sale of Investments	4.4	-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	1,760	1,725	1,724	1,090	861.05	996.7
Income Tax Expense	167.82	176.52	152.92	123.57	74.81	156.81
Earnings From Continuing Operations	1,593	1,548	1,571	966.07	786.24	839.88
Minority Interest in Earnings	4.22	2	1.17	-0.08	1.58	0.15
Net Income	1,597	1,550	1,572	965.99	787.82	840.03
Net Income to Common	1,597	1,550	1,572	965.99	787.82	840.03
Net Income Growth	42.10%	-1.36%	62.72%	22.62%	-6.22%	2.76%
Shares Outstanding (Basic)	5,484	5,484	5,484	5,484	5,484	5,484
Shares Outstanding (Diluted)	5,484	5,484	5,484	5,484	5,484	5,484
Shares Change (YoY)	0.00%	-	-	-	-	-
EPS (Basic)	0.29	0.28	0.29	0.18	0.14	0.15
EPS (Diluted)	0.29	0.28	0.28	0.17	0.14	0.15
EPS Growth	42.10%	-0.80%	62.86%	21.82%	-6.22%	2.76%
Free Cash Flow	503.63	1,296	358.62	1,199	1,096	251.83
Free Cash Flow Per Share	0.09	0.24	0.07	0.22	0.20	0.05
Dividend Per Share	-	-	0.025	0.025	0.025	-
Gross Margin	16.43%	15.97%	17.04%	18.84%	15.37%	21.33%
Operating Margin	10.35%	10.30%	12.95%	11.66%	8.34%	12.90%
Profit Margin	14.52%	13.63%	10.11%	11.30%	10.55%	12.08%
Free Cash Flow Margin	4.58%	11.39%	2.31%	14.02%	14.68%	3.62%
EBITDA	1,539	1,577	2,443	1,420	1,024	1,353
EBITDA Margin	14.00%	13.86%	15.71%	16.61%	13.71%	19.45%
D&A For EBITDA	401.38	404.3	429.96	423.64	400.55	455.94
EBIT	1,138	1,172	2,013	996.82	623.06	897.11
EBIT Margin	10.35%	10.30%	12.95%	11.66%	8.34%	12.90%
Effective Tax Rate	9.53%	10.23%	8.87%	11.34%	8.69%	15.73%
Revenue as Reported	10,998	11,377	15,547	8,550	7,468	6,955

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