A3 Mercados Income Statement

Financials in millions ARS. Fiscal year is January - December.

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Operating Revenue	228,716	212,408	109,050	74,253	57,642	12,105
Other Revenue	16,685	16,080	9,373	20,664	13,981	2,195
Revenue	245,401	228,488	118,423	94,917	71,623	14,299
Revenue Growth (YoY)	176.59%	92.94%	24.77%	32.52%	400.88%	150.90%
Cost of Revenue	81,782	75,854	50,246	30,728	110.58	24.22
Gross Profit	163,619	152,634	68,177	64,189	71,513	14,275
Selling, General & Admin	44,682	42,990	34,406	30,240	34,777	5,719
Amortization of Goodwill & Intangibles	-	-	-	-	2,309	520.58
Other Operating Expenses	8,114	8,114	-	-	2,377	593.07
Operating Expenses	52,796	51,104	34,406	30,240	40,355	7,109
Operating Income	110,823	101,530	33,771	33,949	31,158	7,166
Interest Expense	-240	-256	-328	-412	-266.52	-12.38
Interest & Investment Income	3,650	3,214	1,159	422	123.65	16.86
Earnings From Equity Investments	345	260	-6	20	-	-
Currency Exchange Gain (Loss)	-1,193	6,460	730	-5,756	-2,932	-948.84
Other Non Operating Income (Expenses)	805	738	274	225	-389.32	7.22
EBT Excluding Unusual Items	114,190	111,946	35,600	28,448	27,694	6,229
Gain (Loss) on Sale of Investments	25,888	34,674	-2,931	-12,088	-3,598	-3,059
Pretax Income	140,078	146,620	32,669	16,360	24,096	3,170
Income Tax Expense	24,644	24,978	10,328	7,703	6,407	493.22
Earnings From Continuing Operations	115,434	121,642	22,341	8,657	17,689	2,676
Net Income to Company	115,434	121,642	22,341	8,657	17,689	2,676
Minority Interest in Earnings	-1,681	-1,898	-92	-510	-964.02	1.14
Net Income	113,753	119,744	22,249	8,147	16,725	2,678
Net Income to Common	113,753	119,744	22,249	8,147	16,725	2,678
Net Income Growth	2462.58%	438.20%	173.09%	-51.29%	524.62%	15.72%
Shares Outstanding (Basic)	265	245	163	123	123	123
Shares Outstanding (Diluted)	265	245	163	123	123	123
Shares Change (YoY)	99.56%	50.31%	32.28%	0.07%	-	-
EPS (Basic)	428.85	-	136.50	66.12	135.82	21.74
EPS (Diluted)	428.85	-	136.50	66.12	135.82	21.74
EPS Growth	1184.09%	-	106.44%	-51.32%	524.62%	15.75%
Free Cash Flow	168,125	158,640	48,469	11,266	-36,477	21,015
Free Cash Flow Per Share	633.84	647.51	297.36	91.43	-296.23	170.66
Dividend Per Share	-	-	-	59.355	0.060	8.121
Dividend Growth	-	-	-	98990.82%	-99.26%	56.25%
Gross Margin	66.67%	66.80%	57.57%	67.63%	99.85%	99.83%
Operating Margin	45.16%	44.44%	28.52%	35.77%	43.50%	50.11%
Profit Margin	46.35%	52.41%	18.79%	8.58%	23.35%	18.73%
Free Cash Flow Margin	68.51%	69.43%	40.93%	11.87%	-50.93%	146.97%
EBITDA	126,308	115,488	40,881	37,273	34,301	7,871
EBITDA Margin	51.47%	50.54%	34.52%	39.27%	47.89%	55.04%
D&A For EBITDA	15,485	13,958	7,110	3,324	3,143	705.03
EBIT	110,823	101,530	33,771	33,949	31,158	7,166
EBIT Margin	45.16%	44.44%	28.52%	35.77%	43.50%	50.11%
Effective Tax Rate	17.59%	17.04%	31.61%	47.08%	26.59%	15.56%
Advertising Expenses	-	-	124	156	91.24	95.67