Megawide Construction Corporation · PSE:MWIDE

Megawide Construction — Q1 2025 Earnings Presentation

18 slides from Megawide Construction's earnings presentation, 2025

  1. Slide 1: Megawide Construction Corp. 1Q2025 Financial and Operating Results

    Megawide Construction Corp. 1Q2025 Financial and Operating Resutls

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation was prepared solely and exclusively for discussion purposes. This presentation and/or any part thereof may not be reproduced, disclosed or used without the prior written consent of Megawide Construction Corporation (the “Company”). This presentation, as well as discussio

  3. Slide 3: Outline

    1.0 Financial & Balance Sheet Highlights Outline 2.0 Construction 3.0 Landport 4.0 Real Estate

  4. Slide 4: Financial & Balance Sheet Highlights

    FINANCIAL & BALANCE SHEET HIGHLIGHTS

  5. Slide 5: Income Statement

    INCOME STATEMENT In PhP Mn 1Q2025 1Q2024 % change Revenues 4,200.87 5,202.31 -19% Construction Operations 3,668.16 4,948.23 -26% Landport Operations 396.5 146.89 27% P4.2B Real Estate Operations Direct Costs 136.21 3,280.27 107.19 4,263.20 170% -23% Total consolidated 2,982.59 4,103.90 -27% Construc

  6. Slide 6: Margin Performance

    MARGIN PERFORMANCE 1Q2025 1Q2024 Gross Profit Margin 22% 18% Construction 19% 17% 22% Gross Margin Terminal Operations 48% 26% vs 18% 1Q2024 Real Estate Operations 43% 46% EBITDA Margin 26% 24% Construction 26% 25% 5% Net Margin Terminal Operations 58% 41% vs 4% 1Q2024 Real Estate Operations 16% -15

  7. Slide 7: Balance Sheet Highlights

    BALANCE SHEET HIGHLIGHTS Mar-25 Dec-24 ASSETS Cash 4,276.54 5,780.84 Trade receivables 22,598.91 22,028.54 Real estate inventories 4,632.75 4,526.13 Contract assets 3,823.90 3,385.79 Other current assets 10,846.67 10,382.43 Total Current Assets 47,174.22 47,148.18 Property, Plant & Equipment 5,853.0

  8. Slide 8: Construction Operations

    CONSTRUCTION OPERATIONS

  9. Slide 9: Healthy Order Book

    HEALTHY ORDER BOOK ORDER BOOK MIX P41.3 Infrastructure 26% Office & Commercial , 41% Order book (2-3 years burn) 21 Residential , Existing projects 33% % COMPLETION 60% 0-20% completion 80-100, 1% (for future revenue recognition) 21-80, 39% 0-20, 60% 9

  10. Slide 10: Landport Operations

    LANDPORT OPERATIONS

  11. Slide 11: Steady Revenue Generation

    STEADY REVENUE GENERATION REVENUE PERFORMANCE Towers Commercial Terminal PFRS 0 87 20 0 0 81 0 32 71 37 27% 63 12 78 0 54 43 20 23 31 63 22 52 38 52 19 45 61 64 33 83 70 53 26 98 1Q2025 revenue growth 68 67 71 55 42 37 34 -19 -16 -17 -9 -19 -14 -1 -90 -104 -132 -221 3/1/2022 9/1/2022 3/4/2023 9/4/20

  12. Slide 12: Increasing Traffic and Passenger Spending

    INCREASING TRAFFIC AND PASSENGER SPENDING AVERAGE DAILY FOOT TRAFFIC (‘000) 174 159 162 147 149 152 152 156 133 139 156k 120 117 Record monthly traffic in 1Q2025 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 P34 Average passenger spend in 1Q2025 AVERAGE SPEND PER PAX (Php) 40 39 37 37 37 37 36 36

  13. Slide 13: Rising Commercial Occupancy

    RISING COMMERCIAL OCCUPANCY 1Q2025 COMMERCIAL OCCUPANCY 98% 95% 96% 92% 88% 84% 85% 85% 88% Commercial area occupancy 79% from 79% 1Q2024 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 65-21-14% 1Q2025 TENANT MIX F&B – Retail – Services share Services 14% Retail 21% F&B 65% 13

  14. Slide 14: Office Occupancy Recovering

    OFFICE OCCUPANCY RECOVERING QUARTERLY OFFICE OCCUPANCY 60% 56% 56% 45% 46% 43% 41% 37% 27% 43% Office towers occupancy Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 100% 1Q2025 TENANT MIX Non-POGO tenants BPO Event Govt Logistics

  15. Slide 15: Real Estate Operations

    REAL ESTATE OPERATIONS

  16. Slide 16: YTD Revenue Performance

    YTD REVENUE PERFORMANCE (PHP MN) 368 368M 1Q2025 revenue 377 1Q2024 1Q2025 16

  17. Slide 17: Reservation Sales

    RESERVATION SALES UNITS VALUE (PHP MN) 752 168 165 87 1Q2024 1Q2025 1Q2024 1Q2025

  18. Slide 18: Thank you

    hil MEGAWIDE pa ee Philippines Thank you FinanceAsia FinanceAsia FinanceAsia FinanceAsia FinanceAsia 2024 2024 ‘MOST COMMITTED TO ES6 BEST MANAGED COMPANY BEST CEO BEST INDUSTRIALS COMPANY BEST SMALL-CAP COMPANY 3 Philpone The Philpoine The Philpoine Asia Philippine Megawide Construction Megawide Co

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