Income Statement Forum Pacific, Inc.

Stocks

FPI

PHY2617A1017

Oil & Gas Exploration and Production

Market Closed - Philippines S.E. 01:10:47 2026-09-29 EDT			5-day change	1st Jan Change
0.2800 ^PHP	-.--%		-.--%	+16.67%

07-22	Forum Pacific, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
07-20	Forum Pacific, Inc. Announces Committees Changes	CI

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Published financial data: FORUM PACIFIC, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Selling General & Admin Expenses, Total	1.84M	1.87M	1.91M	2.05M	2.07M
Depreciation & Amortization - (IS)	115K	133K	143K	138K	136K
Other Operating Expenses	110K	162K	174K	241K	217K
Other Operating Expenses, Total	2.07M	2.16M	2.22M	2.43M	2.43M
Operating Income	-2.07M	-2.16M	-2.22M	-2.43M	-2.43M
Interest Expense, Total	-31.43K	-14.79K	-6.65K	-13.58K	-12.09K
Interest And Investment Income	5.93M	5.93M	5.93M	5.93M	5.93M
Net Interest Expenses	5.9M	5.92M	5.93M	5.92M	5.92M
Currency Exchange Gains (Loss)	-247K	-394K	31.92K	-205K	-78.36K
Other Non Operating Income (Expenses)	-210K	-244K	-229K	-20.85M	471K
EBT, Excl. Unusual Items	3.38M	3.12M	3.51M	-17.57M	3.89M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
EBT, Incl. Unusual Items	3.38M	3.12M	3.51M	-17.57M	3.89M
Income Tax Expense	59.3K	216K	939K	884K	874K
Earnings From Continuing Operations	3.32M	2.9M	2.57M	-18.45M	3.01M
Net Income to Company	3.32M	2.9M	2.57M	-18.45M	3.01M
Net Income - (IS)	3.32M	2.9M	2.57M	-18.45M	3.01M
Net Income to Common Incl Extra Items	3.32M	2.9M	2.57M	-18.45M	3.01M
Net Income to Common Excl. Extra Items	3.32M	2.9M	2.57M	-18.45M	3.01M
Per Share Items
Net EPS - Basic	0	0	0	-0.02	0
Basic EPS - Continuing Operations	0	0	0	-0.02	0
Basic Weighted Average Shares Outstanding	1.17B	1.17B	1.17B	1.17B	1.17B
Net EPS - Diluted	0	0	0	-0.02	0
Diluted EPS - Continuing Operations	0	0	0	-0.02	0
Diluted Weighted Average Shares Outstanding	1.17B	1.17B	1.17B	1.17B	1.17B
Normalized Basic EPS	0	0	0	-0.01	0
Normalized Diluted EPS	0	0	0	-0.01	0
Supplemental Items
EBITDA	-1.95M	-2.03M	-2.08M	-2.3M	-2.29M
EBITA	-2.07M	-2.16M	-2.22M	-2.43M	-2.43M
EBIT	-2.07M	-2.16M	-2.22M	-2.43M	-2.43M
Effective Tax Rate - (Ratio)	1.76	6.92	26.77	-5.03	22.48
Total Current Taxes	58.1K	279K	938K	884K	873K
Total Deferred Taxes	1.2K	-63.82K	202	-518	360
Normalized Net Income	2.11M	1.95M	2.19M	-10.98M	2.43M
Interest on Long-Term Debt	31.43K	14.79K	6.65K	13.58K	12.09K
Supplemental Operating Expense Items
Advertising Expense	114K	97.91K	82.82K	87.68K	77.98K
Selling and Marketing Expenses	114K	97.91K	82.82K	87.68K	77.98K
General and Administrative Expenses	1.65M	1.69M	1.75M	1.89M	1.92M
Net Rental Expense, Total	-	-	-	-	-

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Assets
Cash And Equivalents	296K	276K	95.84K	91.57K	194K
Total Cash And Short Term Investments	296K	276K	95.84K	91.57K	194K
Other Current Assets, Total	38.21K	38.21K	38.21K	41.21K	42.11K
Total Current Assets	334K	314K	134K	133K	236K
Gross Property Plant And Equipment	-	-	-	-	273K
Accumulated Depreciation	-	-	-	-	-227K
Net Property Plant And Equipment	38.38K	190K	47.51K	182K	45.49K
Long-term Investments	91.31M	84.54M	81.77M	15.91M	19.17M
Accounts Receivable Long-Term	6.18M	12.11M	18.05M	23.98M	29.91M
Loans Receivable Long-Term	74.39M	72.48M	70.72M	46.48M	44.07M
Deferred Tax Assets Long-Term	10.45K	47.92K	12.08K	46.21K	11.73K
Other Long-Term Assets, Total	172M	172M	172M	172M	172M
Total Assets	344M	341M	342M	258M	265M
Liabilities
Accounts Payable, Total	-	-	-	-	-
Accrued Expenses, Total	516K	355K	379K	367K	378K
Current Portion of Leases	41.81K	143K	48.32K	138K	46.93K
Current Income Taxes Payable	59.33K	215K	938K	884K	873K
Other Current Liabilities	750K	1.46M	2.17M	2.17M	2.17M
Total Current Liabilities	1.37M	2.18M	3.54M	3.56M	3.47M
Long-Term Debt	4.23M	4.62M	4.59M	4.8M	4.87M
Long-Term Leases	-	48.32K	-	46.93K	-
Deferred Tax Liability Non Current	9.6K	47.51K	11.88K	45.49K	11.37K
Total Liabilities	5.61M	6.9M	8.14M	8.45M	8.36M
Common Stock, Total	1.21B	1.21B	1.21B	1.21B	1.21B
Retained Earnings	-851M	-848M	-846M	-864M	-861M
Treasury Stock	-36.06M	-36.06M	-36.06M	-36.06M	-36.06M
Comprehensive Income and Other	18.07M	11.29M	8.53M	-57.33M	-54.07M
Total Common Equity	338M	334M	334M	250M	257M
Total Equity	338M	334M	334M	250M	257M
Total Liabilities And Equity	344M	341M	342M	258M	265M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.17B	1.17B	1.17B	1.17B	1.17B
ECS Total Common Shares Outstanding	1.17B	1.17B	1.17B	1.17B	1.17B
Book Value / Share	0.29	0.29	0.29	0.21	0.22
Tangible Book Value	338M	334M	334M	250M	257M
Tangible Book Value Per Share	0.29	0.29	0.29	0.21	0.22
Total Debt	4.27M	4.81M	4.64M	4.98M	4.92M
Net Debt	3.98M	4.54M	4.54M	4.89M	4.73M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Net Income	3.32M	2.9M	2.57M	-18.45M	3.01M
Depreciation & Amortization - CF	115K	133K	143K	138K	136K
Depreciation & Amortization, Total	115K	133K	143K	138K	136K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	-5.42M	-5.15M	-5.04M	15.04M	-6.36M
Change In Accounts Payable	926K	552K	734K	-11.65K	11K
Change in Other Net Operating Assets	-180K	-217K	-199K	505K	505K
Cash from Operations	-1.24M	-1.78M	-1.79M	-2.78M	-2.69M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	1.06M	1.91M	1.76M	2.92M	2.41M
Cash from Investing	1.06M	1.91M	1.76M	2.92M	2.41M
Long-Term Debt Repaid, Total	-150K	-150K	-150K	-150K	-150K
Total Debt Repaid	-150K	-150K	-150K	-150K	-150K
Issuance of Common Stock	-	-	-	-	540K
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-150K	-150K	-150K	-150K	390K
Net Change in Cash	-330K	-19.67K	-180K	-4.27K	103K
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	3.71K	59.33K	215K	938K	884K
Levered Free Cash Flow	-217K	-521K	206K	-1.46M	-1.39M
Unlevered Free Cash Flow	-198K	-512K	210K	-1.45M	-1.38M
Change In Net Working Capital	-980K	-708K	-1.46M	68.72K	807
Net Debt Issued / Repaid	-150K	-150K	-150K	-150K	-150K

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Profitability
Return on Assets	-0.38	-0.39	-0.41	-0.51	-0.58
Return on Total Capital	-0.38	-0.4	-0.41	-0.51	-0.59
Return On Equity %	0.99	0.86	0.77	-6.32	1.19
Return on Common Equity	0.99	0.86	0.77	-6.32	1.19
Short Term Liquidity
Current Ratio	0.24	0.14	0.04	0.04	0.07
Quick Ratio	0.22	0.13	0.03	0.03	0.06
Operating Cash Flow to Current Liabilities	-0.91	-0.82	-0.51	-0.78	-0.78
Long Term Solvency
Total Debt/Equity	1.26	1.44	1.39	1.99	1.92
Total Debt / Total Capital	1.25	1.42	1.37	1.95	1.88
LT Debt/Equity	1.25	1.4	1.37	1.94	1.9
Long-Term Debt / Total Capital	1.23	1.38	1.35	1.9	1.86
Total Liabilities / Total Assets	1.63	2.02	2.38	3.27	3.15
EBIT / Interest Expense	-65.81	-146.34	-334.28	-179.25	-200.62
EBITDA / Interest Expense	-58.49	-128.3	-291.42	-158.85	-178.05
(EBITDA - Capex) / Interest Expense	-58.49	-128.3	-291.42	-158.85	-178.05
Total Debt / EBITDA	-2.32	-2.54	-2.39	-2.31	-2.29
Net Debt / EBITDA	-2.16	-2.39	-2.34	-2.27	-2.2
Total Debt / (EBITDA - Capex)	-2.32	-2.54	-2.39	-2.31	-2.29
Net Debt / (EBITDA - Capex)	-2.16	-2.39	-2.34	-2.27	-2.2
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	3.14	3.95	2.46	10.34	-0.28
EBITA, 1 Yr. Growth %	3.08	4.61	2.73	9.49	-0.34
EBIT, 1 Yr. Growth %	3.08	4.61	2.73	9.49	-0.34
Earnings From Cont. Operations, 1 Yr. Growth %	-243.92	-12.57	-11.48	-818.72	-116.33
Net Income, 1 Yr. Growth %	-243.92	-12.57	-11.48	-818.72	-116.33
Normalized Net Income, 1 Yr. Growth %	-246.75	-7.72	12.52	-601.09	-122.13
Diluted EPS Before Extra, 1 Yr. Growth %	-243.92	-12.58	-11.47	-830.26	-116.32
Net Property, Plant and Equip., 1 Yr. Growth %	-75	395.18	-75	282.96	-75
Total Assets, 1 Yr. Growth %	2.58	-0.75	0.31	-24.54	2.6
Tangible Book Value, 1 Yr. Growth %	2.29	-1.15	-0.06	-25.23	2.73
Common Equity, 1 Yr. Growth %	2.29	-1.15	-0.06	-25.23	2.73
Cash From Operations, 1 Yr. Growth %	-52.13	43.55	0.51	54.93	-2.98
Levered Free Cash Flow, 1 Yr. Growth %	-80.98	139.5	-139.51	-809.53	-4.94
Unlevered Free Cash Flow, 1 Yr. Growth %	-82.31	158.61	-141.03	-791.44	-4.9
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	2.18	3.55	3.2	6.33	4.9
EBITA, 2 Yr. CAGR %	2.23	3.84	3.67	6.06	4.46
EBIT, 2 Yr. CAGR %	2.23	3.84	3.67	6.06	4.46
Earnings From Cont. Operations, 2 Yr. CAGR %	26.85	12.17	-12.03	152.23	8.35
Net Income, 2 Yr. CAGR %	26.85	12.17	-12.03	152.23	8.35
Normalized Net Income, 2 Yr. CAGR %	27.94	16.37	1.9	137.45	5.31
Diluted EPS Before Extra, 2 Yr. CAGR %	26.86	12.17	-12.03	154.26	8.33
Net Property, Plant and Equip., 2 Yr. CAGR %	3.09	11.26	11.26	-2.15	-2.15
Total Assets, 2 Yr. CAGR %	0.89	0.9	-0.22	-13	-12.01
Tangible Book Value, 2 Yr. CAGR %	0.75	0.56	-0.6	-13.55	-12.36
Common Equity, 2 Yr. CAGR %	0.75	0.56	-0.6	-13.55	-12.36
Cash From Operations, 2 Yr. CAGR %	-23.22	-17.1	20.12	24.79	22.6
Levered Free Cash Flow, 2 Yr. CAGR %	-57.07	-32.51	-2.73	67.43	159.71
Unlevered Free Cash Flow, 2 Yr. CAGR %	-58.64	-32.37	3.01	68.44	156.43
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	-	2.77	3.18	5.53	4.08
EBITA, 3 Yr. CAGR %	-1.48	3.02	3.47	5.57	3.88
EBIT, 3 Yr. CAGR %	-1.48	3.02	3.47	5.57	3.88
Earnings From Cont. Operations, 3 Yr. CAGR %	8.06	12.05	3.66	77.18	1.29
Net Income, 3 Yr. CAGR %	8.06	12.05	3.66	77.18	1.29
Normalized Net Income, 3 Yr. CAGR %	8.7	14.74	15.07	73.28	7.66
Diluted EPS Before Extra, 3 Yr. CAGR %	8.07	12.06	3.66	78.13	1.28
Net Property, Plant and Equip., 3 Yr. CAGR %	-	73.94	-32.36	67.99	-37.91
Total Assets, 3 Yr. CAGR %	0.18	0.34	0.7	-9.09	-8.08
Tangible Book Value, 3 Yr. CAGR %	0.09	0.12	0.35	-9.6	-8.44
Common Equity, 3 Yr. CAGR %	0.09	0.12	0.35	-9.6	-8.44
Cash From Operations, 3 Yr. CAGR %	-21.31	-5.41	-11.6	30.75	14.74
Levered Free Cash Flow, 3 Yr. CAGR %	-47.37	-23.86	-43.54	88.65	38.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	-49.01	-23.81	-42.74	94.32	39.22
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	-	-	4.18	3.86
EBITA, 5 Yr. CAGR %	-5.91	-3.58	0.55	4.22	3.86
EBIT, 5 Yr. CAGR %	-5.91	-3.58	0.55	4.22	3.86
Earnings From Cont. Operations, 5 Yr. CAGR %	0.04	-33.78	-0.47	55.01	5.51
Net Income, 5 Yr. CAGR %	0.04	-33.78	-0.47	55.01	5.51
Normalized Net Income, 5 Yr. CAGR %	0.39	-23.76	5.93	53.48	11.06
Diluted EPS Before Extra, 5 Yr. CAGR %	0.04	-33.78	-0.47	55.51	5.5
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	38.18	-21.59
Total Assets, 5 Yr. CAGR %	-0.75	0.21	0.02	-5.22	-4.59
Tangible Book Value, 5 Yr. CAGR %	-0.8	0.08	-0.19	-5.59	-4.94
Common Equity, 5 Yr. CAGR %	-0.8	0.08	-0.19	-5.59	-4.94
Cash From Operations, 5 Yr. CAGR %	-14.49	-10.25	-6.81	5.68	0.75
Levered Free Cash Flow, 5 Yr. CAGR %	-30.87	-22.34	-32.72	4.35	3.95
Unlevered Free Cash Flow, 5 Yr. CAGR %	-32.17	-22.62	-32.45	4.65	4.3