Below are the financial statements of Globe Telecom, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of PHP | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Service revenues | 165.02a | 162.33a | 157.98a |
| Nonservice revenues | 15.57a | 17.83a | 17.06a |
| Revenues | 180.59a | 180.16a | 175.04a |
| Income | — | — | — |
| Gain on sale of controlling interest on data center business | 0a | 0a | 10.51a |
| Equity share in net income of joint ventures | 3.9a | 2.21a | 1.08a |
| Gain on sale and leaseback of telecom towers - net | 3.48a | 7.26a | 8.26a |
| Interest income | 0.92a | 0.68a | 0.34a |
| Gain on disposal of property and equipment - net | 0.21a | 0.37a | 0.32a |
| Other income - net | 1.73a | 0.96a | 2.47a |
| Income | 10.24a | 11.48a | 22.99a |
| Costs and expenses | — | — | — |
| General, selling and administrative expenses | -72.84a | -74.68a | -74.23a |
| Depreciation and amortization | -50.47a | -47.36a | -45.65a |
| Cost of inventories sold | -16.43a | -18.22a | -17.69a |
| Financing costs | -14.44a | -12.15a | -10.09a |
| Interconnect costs | -1.62a | -1.37a | -1.36a |
| Impairment and other losses | -4.69a | -5.46a | -4.91a |
| Costs and expenses | -160.49a | -159.23a | -153.93a |
| Income before income tax | 30.33a | 32.42a | 44.1a |
| Provisions (benefit) for income tax | — | — | — |
| Current | -6.92a | -7.85a | -9.7a |
| Deferred | -0.87a | -0.02a | -0.2a |
| Provisions (benefit) for income tax | -6.05a | -7.84a | -9.5a |
| Net income | 24.29a | 24.58a | 34.6a |
| Total net income attributable to | — | — | — |
| Equity holders of the parent | 24.3a | 24.51a | 34.56a |
| Non-controlling interest | -0.02a | 0.07a | 0.04a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.