Cosco Capital, Inc. · PSE:COSCO
Cosco Capital — Q1 2025 Earnings Presentation
18 slides from Cosco Capital's earnings presentation, 2025
Slide 1: Cosco Capital, Inc. Investor Presentation 1Q 2025 Results
Cosco Capital, Inc. Investor Presentation 1Q 2025 Results 1
Slide 2: Company Overview
Company Overview 49% 78% 100% 100% Liquor Commercial Real Specialty Energy and Grocery Retailing Distribution Estate Retailing Minerals • Ellimac Prime Holdings, Inc., KEEPR • Fertuna Holdings 60% (formerly DAVIN) Corp., • Catuiran • Patagonia Holdings Hydropower Corp., Corporation • Nation Realty,
Slide 3: Consolidated Financial Statements
CONSOLIDATED FINANCIAL STATEMENTS 3
Slide 4: Q1 2025 Consolidated Financial Performance
Q1 2025 CONSOLIDATED FINANCIAL PERFORMANCE INCREASE (In Thousands) Q1 2025 % Q1 2024 % (DECREASE) % REVENUES 56,715,962 100.00% 50,857,224 100.00% 5,858,738 11.52% COST OF SALES/SERVICES 45,024,426 79.39% 40,331,588 79.30% 4,692,838 11.64% GROSS PROFIT 11,691,537 20.61% 10,525,637 20.70% 1,165,900 1
Slide 5: Consolidated Revenue and NIAT Contributions
CONSOLIDATED REVENUE AND NIAT CONTRIBUTIONS REVENUE INCREASE % GROWTH BUSINESS SEGMENTS Q12025 % Q12024 % (DECREASE) (DECLINE) GROCERY RETAIL 52,417,989 92.4% 47,317,537 93.0% 5,100,452 10.78% LIQUOR DISTRIBUTION 3,315,183 5.8% 2,600,512 5.1% 714,671 27.48% REAL ESTATE 295,674 0.5% 308,709 0.6% (13,
Slide 6: 1Q 2025 Results Business Segment Operating
1Q 2025 Results Business Segment Operating 6
Slide 7: Grocery Retail Segment – Operating Highlights
Grocery Retail Segment – Operating Highlights Store Network Expansion • Puregold opened 3 new stores during Q1 2025: 1 Bulacan, 1 Muntinlupa, 1 Camarines norte • S&R opened 1 warehouse in April Baliwag Bulacan and reopening warehouse in new manila in April • Opened 3 QSR during Q1 2025 • Total 757 s
Slide 8: Grocery Retail Segment – Operating Highlights
Grocery Retail Segment – Operating Highlights Sales Performance 8
Slide 9: Liquor Distribution Segment: 1Q 2025 Financial Highlights
Liquor Distribution Segment: 1Q 2025 Financial Highlights (In PHP millions) Revenues Gross Profit and Margin +20.9% +18.1% 6,000 18,527 5,232 16,313 5,000 4,450 13,957 4,000 3,474 28.2% 27.6% 27.0% 24.9% 27.3% 3,000 2,000 3,358 4,060 926 1,094 1,000 FY 2022 FY2023 FY2024 Q12024 Q12025 FY 2022 FY2023
Slide 10: Real Estate Segment-Operating Highlights
Real Estate Segment-Operating Highlights March 31, YE 2024 2025 Land Under Lease 93.09% 93.09% Commercial Buildings (inc. Supermarket) 90.77% 90.53% Commercial Buildings (exc. Supermarket) 81.17% 80.70% Over-all occupancy (Blended) 91.59% 91.59% 10
Slide 11: Real Estate Segment-Operating Highlights
Real Estate Segment-Operating Highlights 11
Slide 12: Real Estate Segment-Operating Highlights
Real Estate Segment-Operating Highlights 12
Slide 13: Specialty Retail Segment - Operating Highlights
Specialty Retail Segment - Operating Highlights SSSG of 0.44% in 2025 vs -8.78% in 2024 FY 2024 Q1 2025 No. Stores 110 112 Net selling area 16,680 sqm 16,699 sqm 13
Slide 14: Energy Segment – 1Q 2025 Operating Highlights
Energy Segment – 1Q 2025 Operating Highlights Energy Delivered Plant Capacity (kWh) Factor (%) Company Installed Capacity CATUIRAN 8 MW 8,554,700 49.52% MATUNO 8.66 MW 11,721,007 63.56% 14
Slide 15: Consolidated Financial Position – 1Q 2025
CONSOLIDATED FINANCIAL POSITION – 1Q 2025 Q1 2025 FY 2024 Net cash P22.82 billion P27.94 billion Working capital P89.71 billion P87.06 billion Current ratio 4.05:1 3.42:1 Debt to equity ratio 0.56:1 0.61:1 Debt to equity ratio-ex lease liabilities 0.31:1 0.36:1 Book value per share 15.03 14.72 15
Slide 16: Consolidated Cash Flows – 1Q 2025
CONSOLIDATED CASH FLOWS – 1Q 2025 (in thousands) Q12025 Q12024 NET CASH USED IN OPERATING ACTIVITIES (2,098,079) (3,180,059) NET CASH USED IN INVESTING ACTIVITIES (1,709,182) (2,979,332) NET CASH USED IN FINANCING ACTIVITIES (1,441,089) (3,991,458) NET DECREASE IN CASH AND CASH EQUIVALNETS (5,248,35
Slide 17: Efficiency Ratios – 1Q 2025
EFFICIENCY RATIOS – 1Q 2025 GROCERY RETAIL Q12025 FY2024 Days in receivables 5.5 6 Days in inventories 65.3 57.3 Days in payables 38.5 38.2 Cash conversion cycle 32.3 25.1 LIQUOR DISTRIBUTIONS Q12025 FY2024 Days in receivables 38.0 47.0 Days in inventories 166.0 166.0 Days in payables 68.0 66.0 Cash
Slide 18: Thank you
S COSCO Capital i t ed i n cor por a Thank you