LT Group 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	2015 - 2019
Period Ending	Mar '25 Mar 31, 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	2015 - 2019
Operating Revenue	55,087	53,897	48,748	50,028	41,854	39,627	Upgrade
Other Revenue	76,530	75,068	66,551	50,844	49,319	54,801	Upgrade
Revenue	131,617	128,966	115,299	100,872	91,173	94,428	Upgrade
Revenue Growth (YoY)	11.76%	11.85%	14.30%	10.64%	-3.45%	0.29%	Upgrade
Cost of Revenue	44,222	43,321	39,426	41,938	34,521	30,909	Upgrade
Gross Profit	37,015	35,265	30,687	23,117	46,687	8,522	Upgrade
Selling, General & Admin	6,294	5,799	4,916	4,516	5,361	5,091	Upgrade
Operating Expenses	6,294	5,799	4,916	4,516	5,361	5,091	Upgrade
Operating Income	30,721	29,467	25,771	18,601	41,326	3,431	Upgrade
Interest Expense	-621.35	-607.76	-691.46	-484.61	-364.87	-341.47	Upgrade
Interest & Investment Income	317.5	317.5	166.12	291.57	110.68	94.24	Upgrade
Earnings From Equity Investments	8,980	8,867	11,925	16,095	18,021	17,526	Upgrade
Currency Exchange Gain (Loss)	1,737	1,454	1,290	1,549	816.02	747.1	Upgrade
Other Non Operating Income (Expenses)	3,914	3,473	-3,767	-7,243	-32,627	-29.27	Upgrade
EBT Excluding Unusual Items	45,048	42,969	34,693	28,808	27,282	21,428	Upgrade
Gain (Loss) on Sale of Assets	2,188	2,188	4,541	7,795	-19.98	196.02	Upgrade
Legal Settlements	-	-	-	-	-	-37.27	Upgrade
Pretax Income	47,236	45,157	39,234	36,604	27,262	21,587	Upgrade
Income Tax Expense	7,607	6,650	5,218	5,939	6,422	-671.92	Upgrade
Earnings From Continuing Operations	39,630	38,508	34,016	30,665	20,840	22,259	Upgrade
Earnings From Discontinued Operations	-	-	-	-	20.62	67.58	Upgrade
Net Income to Company	39,630	38,508	34,016	30,665	20,861	22,326	Upgrade
Minority Interest in Earnings	-9,887	-9,587	-8,594	-5,528	-614.62	-1,304	Upgrade
Net Income	29,742	28,921	25,421	25,137	20,246	21,022	Upgrade
Net Income to Common	29,742	28,921	25,421	25,137	20,246	21,022	Upgrade
Net Income Growth	16.84%	13.77%	1.13%	24.16%	-3.69%	-9.06%	Upgrade
Shares Outstanding (Basic)	10,803	10,821	10,821	10,821	10,821	10,821	Upgrade
Shares Outstanding (Diluted)	10,803	10,821	10,821	10,821	10,821	10,821	Upgrade
EPS (Basic)	2.75	2.67	2.35	2.32	1.87	1.94	Upgrade
EPS (Diluted)	2.75	2.67	2.35	2.32	1.87	1.94	Upgrade
EPS Growth	17.06%	13.66%	1.26%	24.00%	-3.69%	-9.06%	Upgrade
Free Cash Flow	47,574	48,987	50,382	10,608	11,673	92,601	Upgrade
Free Cash Flow Per Share	4.40	4.53	4.66	0.98	1.08	8.56	Upgrade
Dividend Per Share	0.150	0.150	0.150	0.150	0.150	0.150	Upgrade
Gross Margin	28.12%	27.35%	26.61%	22.92%	51.21%	9.03%	Upgrade
Operating Margin	23.34%	22.85%	22.35%	18.44%	45.33%	3.63%	Upgrade
Profit Margin	22.60%	22.43%	22.05%	24.92%	22.21%	22.26%	Upgrade
Free Cash Flow Margin	36.15%	37.98%	43.70%	10.52%	12.80%	98.06%	Upgrade
EBITDA	34,860	33,561	29,609	25,000	47,067	9,109	Upgrade
EBITDA Margin	26.49%	26.02%	25.68%	24.78%	51.62%	9.65%	Upgrade
D&A For EBITDA	4,139	4,094	3,837	6,399	5,741	5,678	Upgrade
EBIT	30,721	29,467	25,771	18,601	41,326	3,431	Upgrade
EBIT Margin	23.34%	22.85%	22.35%	18.44%	45.33%	3.63%	Upgrade
Effective Tax Rate	16.10%	14.73%	13.30%	16.22%	23.55%	-	Upgrade
Revenue as Reported	131,617	128,966	115,299	100,872	91,173	94,428	Upgrade
Advertising Expenses	-	1,096	1,112	1,028	896.48	719.2	Upgrade

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.