Makati Finance 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	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	2015 - 2019
Interest and Dividend Income	196.17	183.66	175.17	158.98	174.72	164.1	Upgrade
Total Interest Expense	36.33	38.12	34.65	33.13	35.88	42.57	Upgrade
Net Interest Income	159.84	145.54	140.52	125.85	138.83	121.53	Upgrade
Gain (Loss) on Sale of Investments	21.57	21.57	-	-	-	-	Upgrade
Revenue Before Loan Losses	193.8	176.14	148.95	130.54	144.94	126.11	Upgrade
Provision for Loan Losses	14.07	19.35	32.18	18.84	16.32	14.65	Upgrade
Revenue	179.73	156.79	116.77	111.69	128.62	111.46	Upgrade
Revenue Growth (YoY)	54.44%	34.27%	4.55%	-13.16%	15.39%	-21.17%	Upgrade
Salaries & Employee Benefits	62.3	64.27	56.75	60.61	59.46	54.32	Upgrade
Cost of Services Provided	36.88	38.84	22.33	25.65	26.4	15.19	Upgrade
Other Operating Expenses	26.59	36.33	21.22	14.32	27.57	21.51	Upgrade
Total Operating Expenses	142.85	156.05	117.18	112.89	125.46	109.52	Upgrade
Operating Income	36.87	0.74	-0.41	-1.2	3.16	1.95	Upgrade
EBT Excluding Unusual Items	27.52	19.87	12.44	-1.2	20.57	17.57	Upgrade
Pretax Income	31.97	24.32	17.26	23.41	25	17.57	Upgrade
Income Tax Expense	11.77	9.86	4.34	5.55	15.29	6.74	Upgrade
Net Income	20.2	14.46	12.92	17.85	9.7	10.83	Upgrade
Net Income to Common	20.2	14.46	12.92	17.85	9.7	10.83	Upgrade
Net Income Growth	44.03%	11.91%	-27.61%	83.97%	-10.37%	-50.12%	Upgrade
Shares Outstanding (Basic)	277	276	276	271	275	274	Upgrade
Shares Outstanding (Diluted)	277	276	276	271	275	274	Upgrade
Shares Change (YoY)	0.39%	-	1.71%	-1.24%	0.47%	8.82%	Upgrade
EPS (Basic)	0.07	0.05	0.05	0.07	0.04	0.04	Upgrade
EPS (Diluted)	0.07	0.05	0.05	0.07	0.04	0.04	Upgrade
EPS Growth	37.15%	5.95%	-28.83%	86.27%	-10.79%	-53.81%	Upgrade
Free Cash Flow	55.42	-44.62	-42.18	77.47	132.15	54.63	Upgrade
Free Cash Flow Per Share	0.20	-0.16	-0.15	0.28	0.48	0.20	Upgrade
Dividend Per Share	0.008	0.008	0.007	0.010	0.005	0.006	Upgrade
Dividend Growth	11.27%	11.27%	-26.80%	83.02%	-10.17%	-50.00%	Upgrade
Operating Margin	20.52%	0.47%	-0.35%	-1.07%	2.46%	1.75%	Upgrade
Profit Margin	11.24%	9.22%	11.07%	15.98%	7.54%	9.71%	Upgrade
Free Cash Flow Margin	30.84%	-28.46%	-36.12%	69.36%	102.74%	49.01%	Upgrade
Effective Tax Rate	36.81%	40.53%	25.13%	23.72%	61.18%	38.38%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.