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	Jun '25 Jun 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	195.03	183.66	175.17	158.98	174.72	164.1	Upgrade
Total Interest Expense	37.99	38.12	34.65	33.13	35.88	42.57	Upgrade
Net Interest Income	157.04	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	171.53	176.14	148.95	130.54	144.94	126.11	Upgrade
Provision for Loan Losses	21.21	19.35	32.18	18.84	16.32	14.65	Upgrade
Revenue	150.32	156.79	116.77	111.69	128.62	111.46	Upgrade
Revenue Growth (YoY)	7.06%	34.27%	4.55%	-13.16%	15.39%	-21.17%	Upgrade
Salaries & Employee Benefits	64.69	64.27	56.75	60.61	59.46	54.32	Upgrade
Cost of Services Provided	35.19	38.84	22.33	25.65	26.4	15.19	Upgrade
Other Operating Expenses	25.28	36.33	21.22	14.32	27.57	21.51	Upgrade
Total Operating Expenses	141.87	156.05	117.18	112.89	125.46	109.52	Upgrade
Operating Income	8.45	0.74	-0.41	-1.2	3.16	1.95	Upgrade
EBT Excluding Unusual Items	27.58	19.87	12.44	-1.2	20.57	17.57	Upgrade
Pretax Income	32.03	24.32	17.26	23.41	25	17.57	Upgrade
Income Tax Expense	11.35	9.86	4.34	5.55	15.29	6.74	Upgrade
Net Income	20.68	14.46	12.92	17.85	9.7	10.83	Upgrade
Net Income to Common	20.68	14.46	12.92	17.85	9.7	10.83	Upgrade
Net Income Growth	57.66%	11.91%	-27.61%	83.97%	-10.37%	-50.12%	Upgrade
Shares Outstanding (Basic)	-	274	274	269	273	271	Upgrade
Shares Outstanding (Diluted)	-	274	274	269	273	271	Upgrade
Shares Change (YoY)	-	-	1.71%	-1.24%	0.47%	8.82%	Upgrade
EPS (Basic)	-	0.05	0.05	0.07	0.04	0.04	Upgrade
EPS (Diluted)	-	0.05	0.05	0.07	0.04	0.04	Upgrade
EPS Growth	-	5.97%	-28.83%	86.27%	-10.79%	-53.82%	Upgrade
Free Cash Flow	-22.53	-44.62	-42.18	77.47	132.15	54.63	Upgrade
Free Cash Flow Per Share	-	-0.16	-0.15	0.29	0.48	0.20	Upgrade
Dividend Per Share	0.008	0.008	0.007	0.010	0.005	0.006	Upgrade
Dividend Growth	11.55%	11.55%	-27.55%	84.91%	-10.17%	-50.42%	Upgrade
Operating Margin	5.62%	0.47%	-0.35%	-1.07%	2.46%	1.75%	Upgrade
Profit Margin	13.76%	9.22%	11.07%	15.98%	7.54%	9.71%	Upgrade
Free Cash Flow Margin	-14.99%	-28.46%	-36.12%	69.36%	102.74%	49.01%	Upgrade
Effective Tax Rate	35.45%	40.53%	25.13%	23.72%	61.18%	38.38%	Upgrade

Updated Nov 15, 2024. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.