PAL Holdings, Inc. (PSE:PAL)

PAL Holdings Income Statement

Financials in millions PHP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	165,239	164,104	167,523	127,941	52,277	51,274
Other Revenue	16,332	13,901	11,598	11,297	6,424	3,990
Revenue	181,571	178,006	179,121	139,238	58,701	55,264
Revenue Growth (YoY)	2.59%	-0.62%	28.64%	137.20%	6.22%	-64.23%
Cost of Revenue	145,628	142,517	131,503	107,716	53,452	73,117
Gross Profit	35,943	35,489	47,618	31,522	5,248	-17,853
Selling, General & Admin	19,177	17,525	19,534	14,219	9,346	8,723
Operating Expenses	19,177	17,525	19,534	14,219	9,346	8,723
Operating Income	16,765	17,964	28,084	17,303	-4,097	-26,577
Interest Expense	-6,086	-7,022	-8,562	-7,346	-6,575	-9,844
Interest & Investment Income	1,805	1,805	2,160	517.88	461.04	868.79
Currency Exchange Gain (Loss)	-1,044	-1,854	-30.93	-936.94	875.54	820.18
Other Non Operating Income (Expenses)	13.55	-1,678	-230.18	579.46	-14,307	-1,787
EBT Excluding Unusual Items	11,453	9,215	21,420	10,118	-23,642	-36,519
Gain (Loss) on Sale of Assets	30.67	30.67	31.09	42.91	-	1,650
Asset Writedown	192.45	192.45	324.68	411.38	3,806	-31,001
Other Unusual Items	-	-	-	-	73,550	-
Pretax Income	11,677	9,438	21,776	10,572	53,713	-65,870
Income Tax Expense	1,752	1,320	483.11	213.44	-6,898	7,214
Earnings From Continuing Operations	9,924	8,118	21,293	10,359	60,611	-73,084
Minority Interest in Earnings	-632.58	-1,100	-4,481	-2,194	-1,522	1,274
Net Income	9,292	7,019	16,812	8,164	59,090	-71,810
Net Income to Common	9,292	7,019	16,812	8,164	59,090	-71,810
Net Income Growth	10.53%	-58.25%	105.92%	-86.18%	-	-
Shares Outstanding (Basic)	28,598	22,407	11,611	11,610	11,611	11,611
Shares Outstanding (Diluted)	28,598	22,407	11,611	11,610	11,611	11,611
Shares Change (YoY)	69.72%	92.98%	0.01%	-0.01%	0.00%	-0.00%
EPS (Basic)	0.32	0.31	1.45	0.70	5.09	-6.18
EPS (Diluted)	0.32	0.31	1.45	0.70	5.09	-6.18
EPS Growth	-34.84%	-78.37%	105.91%	-86.18%	-	-
Free Cash Flow	3,390	6,107	40,489	24,390	-3,926	-1,584
Free Cash Flow Per Share	0.12	0.27	3.49	2.10	-0.34	-0.14
Gross Margin	19.79%	19.94%	26.58%	22.64%	8.94%	-32.31%
Operating Margin	9.23%	10.09%	15.68%	12.43%	-6.98%	-48.09%
Profit Margin	5.12%	3.94%	9.39%	5.86%	100.66%	-129.94%
Free Cash Flow Margin	1.87%	3.43%	22.60%	17.52%	-6.69%	-2.87%
EBITDA	37,876	35,434	42,618	29,822	16,167	-19,625
EBITDA Margin	20.86%	19.91%	23.79%	21.42%	27.54%	-35.51%
D&A For EBITDA	21,111	17,470	14,534	12,519	20,264	6,952
EBIT	16,765	17,964	28,084	17,303	-4,097	-26,577
EBIT Margin	9.23%	10.09%	15.68%	12.43%	-6.98%	-48.09%
Effective Tax Rate	15.01%	13.98%	2.22%	2.02%	-	-
Revenue as Reported	181,571	178,006	179,121	139,238	58,701	55,264

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