Synergy Grid & Development Phils., Inc. (PSE:SGP)

PSE:SGP 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
Revenue	118,379	112,335	109,863	102,743	89,101	89,843
Revenue Growth (YoY)	7.41%	2.25%	6.93%	15.31%	-0.83%	15.64%
Fuel & Purchased Power	244.68	213.65	220.09	253.74	149.27	101.47
Operations & Maintenance	2,747	2,528	2,626	1,473	1,799	1,321
Selling, General & Admin	3,453	3,047	2,845	2,788	2,391	2,244
Depreciation & Amortization	872.06	825.83	790.53	705.73	612.42	670.69
Amortization of Goodwill & Intangibles	13,244	11,787	10,278	8,967	8,787	8,407
Provision for Bad Debts	64.67	64.67	64.67	64.67	64.67	64.67
Other Operating Expenses	57,858	66,302	63,407	46,657	45,780	46,204
Total Operating Expenses	78,483	84,767	80,231	60,910	59,583	59,012
Operating Income	39,895	27,568	29,633	41,833	29,517	30,831
Interest Expense	-10,175	-8,005	-5,760	-5,649	-6,057	-6,556
Interest Income	186.84	188.02	118.89	139.66	64.34	270.38
Net Interest Expense	-9,988	-7,817	-5,641	-5,509	-5,992	-6,286
Currency Exchange Gain (Loss)	-177.25	-506.74	116.87	-905.64	-244.63	311.91
Other Non-Operating Income (Expenses)	-2,004	-1,888	-732.71	-715.4	-335.38	-476.39
EBT Excluding Unusual Items	27,726	17,356	23,375	34,703	22,945	24,381
Gain (Loss) on Sale of Assets	-	-	-	-	-	-1.32
Other Unusual Items	-	-	-	-	-	-942.85
Pretax Income	27,726	17,356	23,375	34,703	22,945	23,437
Income Tax Expense	5.82	6.05	7.25	17.52	2.43	0.8
Earnings From Continuing Ops.	27,720	17,350	23,368	34,685	22,943	23,436
Minority Interest in Earnings	-15,091	-9,466	-12,723	-19,664	-13,818	-14,041
Net Income	12,629	7,884	10,645	15,021	9,125	9,395
Net Income to Common	12,629	7,884	10,645	15,021	9,125	9,395
Net Income Growth	43.48%	-25.94%	-29.13%	64.61%	-2.87%	16.82%
Shares Outstanding (Basic)	5,266	5,266	5,266	5,266	4,351	4,150
Shares Outstanding (Diluted)	5,266	5,266	5,266	5,266	4,351	4,150
Shares Change (YoY)	-	-	-	21.01%	4.86%	-
EPS (Basic)	2.40	1.50	2.02	2.85	2.10	2.26
EPS (Diluted)	2.40	1.50	2.02	2.85	2.10	2.26
EPS Growth	43.62%	-25.88%	-29.19%	36.03%	-7.37%	16.82%
Free Cash Flow	-14,311	-19,299	-15,772	-19,964	-10,424	2,459
Free Cash Flow Per Share	-2.72	-3.67	-3.00	-3.79	-2.40	0.59
Dividend Per Share	-	-	0.347	1.000	0.675	-
Dividend Growth	-	-	-65.26%	48.15%	-	-
Profit Margin	10.67%	7.02%	9.69%	14.62%	10.24%	10.46%
Free Cash Flow Margin	-12.09%	-17.18%	-14.36%	-19.43%	-11.70%	2.74%
EBITDA	53,741	39,916	40,466	51,506	38,917	39,909
EBITDA Margin	45.40%	35.53%	36.83%	50.13%	43.68%	44.42%
D&A For EBITDA	13,845	12,349	10,834	9,673	9,400	9,077
EBIT	39,895	27,568	29,633	41,833	29,517	30,831
EBIT Margin	33.70%	24.54%	26.97%	40.72%	33.13%	34.32%
Effective Tax Rate	0.02%	0.03%	0.03%	0.05%	0.01%	0.00%

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