Vista Land & Lifescapes (VLL) investor relations material

Executive summary

• Total revenue for the nine months ended September 2025 reached ₱29.7B, up 2.0% year-over-year, driven by higher real estate sales and rental income.

• Net income increased by 4.3% to ₱9.5B compared to the same period last year, reflecting improved cost management and higher completion rates.

• EBITDA grew 7.6% to ₱18.2B, with a margin improvement to 61.4%.

• Operating expenses declined by 8.8% to 9% year-over-year due to cost-saving measures.

• Reservation sales rose 4.88% year-over-year to ₱61.3B, with Q3 showing the best quarterly sales performance of the year.

Financial highlights

• Gross profit increased 5.2% to ₱9.4B, with gross profit margin improving to 67.4%.

• Real estate revenue grew 3% to ₱13,982 million, with notable growth in Brittany (+105%) and Communities Philippines (+5%).

• Rental income increased 3% to ₱12,777 million, attributed to higher rates.

• Interest and financing charges rose 17.5% year-over-year.

• Total assets grew 2.6% to ₱387.6B, and total equity increased 7% to ₱145.0B.

Outlook and guidance

• Targeting record project launches, aiming to surpass the 2023 benchmark of ₱50.8B.

• Strategic focus on house and lot packages in provincial areas and selective expansion into high-potential projects.

• Introduction of lots-only products to accelerate cash flow and broaden market reach.

• Future vertical launches to be limited to key locations with sustainable demand.

• The company continues to focus on cost management and operational efficiency.