Wellex Industries 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
Rental Revenue	27.53	32.56	25.75	20.05	23.86	29.88
Total Revenue	27.53	32.56	25.75	20.05	23.86	29.88
Revenue Growth (YoY	-15.66%	26.46%	28.44%	-15.97%	-20.16%	1.19%
Property Expenses	14.12	12.98	12.68	13.7	14.44	13.35
Selling, General & Administrative	7.88	8.12	6.89	6.53	7.52	5.75
Depreciation & Amortization	0.26	0.33	0.98	0.99	1.94	2.3
Other Operating Expenses	9.89	10.55	8.88	8.7	8.84	14.6
Total Operating Expenses	32.15	31.98	29.43	29.92	32.73	36
Operating Income	-4.62	0.58	-3.68	-9.87	-8.87	-6.12
Interest Expense	-0.77	-0.77	-0.74	-0.79	-0.63	-0.59
Interest & Investment Income	0.94	0.94	0.94	0.95	0.96	0.04
Other Non-Operating Income	120.04	119.44	0.34	7.83	5.27	-0.72
EBT Excluding Unusual Items	115.59	120.18	-3.14	-1.88	-3.27	-7.39
Gain (Loss) on Sale of Assets	-	-	11.33	-	-	46.7
Asset Writedown	81.36	81.36	-	-	-	-
Pretax Income	196.95	201.54	8.19	-1.88	-3.27	39.32
Income Tax Expense	2.59	2.59	4.58	0.83	0.26	3.47
Net Income	194.35	198.95	3.61	-2.71	-3.53	35.84
Net Income to Common	194.35	198.95	3.61	-2.71	-3.53	35.84
Net Income Growth	2564.00%	5417.95%	-	-	-	-
Basic Shares Outstanding	3,728	3,276	3,276	3,276	3,276	3,276
Diluted Shares Outstanding	3,728	3,276	3,276	3,276	3,276	3,276
Shares Change (YoY)	33.43%	-	-	-	-	-
EPS (Basic)	0.05	0.06	0.00	-0.00	-0.00	0.01
EPS (Diluted)	0.05	0.06	0.00	-0.00	-0.00	0.01
EPS Growth	1895.67%	5418.09%	-	-	-	-
Operating Margin	-16.79%	1.78%	-14.29%	-49.22%	-37.19%	-20.49%
Profit Margin	705.98%	610.97%	14.00%	-13.52%	-14.81%	119.94%
EBITDA	-1.69	3.58	-0.04	-5.99	-4.43	-1.54
EBITDA Margin	-6.13%	10.99%	-0.15%	-29.87%	-18.55%	-5.16%
D&A For Ebitda	2.93	3	3.64	3.88	4.45	4.58
EBIT	-4.62	0.58	-3.68	-9.87	-8.87	-6.12
EBIT Margin	-16.79%	1.78%	-14.29%	-49.22%	-37.19%	-20.49%
Effective Tax Rate	1.32%	1.29%	55.97%	-	-	8.83%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.