Holcim (Argentina) S.A. (BCBA: HARG)

Holcim (Argentina) Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	146,795	238,935	256,651	85,683	37,144	26,062
Revenue Growth (YoY)	-70.73%	-6.90%	199.54%	130.68%	42.52%	31.25%
Cost of Revenue	112,708	144,188	155,645	43,798	22,366	16,928
Gross Profit	34,087	94,747	101,006	41,885	14,778	9,134
Selling, General & Admin	29,647	49,182	54,308	17,873	7,732	5,626
Other Operating Expenses	17,665	6,376	1,362	825.37	374.62	252.74
Operating Expenses	47,312	55,558	55,670	18,699	8,106	5,879
Operating Income	-13,225	39,189	45,336	23,186	6,671	3,255
Interest Expense	-9,776	-911	-342	-561.19	-209.4	-349.67
Interest & Investment Income	-	17,615	12,659	4,433	1,230	263.11
Currency Exchange Gain (Loss)	-6,941	-18,278	-6,055	-1,380	-1,439	-756.29
Other Non Operating Income (Expenses)	42,111	22,362	5,136	1,460	852.67	1,532
EBT Excluding Unusual Items	12,169	59,977	56,734	27,137	7,106	3,944
Gain (Loss) on Sale of Assets	-39	388	445	168.38	67.28	-131.2
Asset Writedown	-421	-211	-194	-741.91	-84.71	21.51
Pretax Income	11,709	60,154	56,985	26,564	7,089	3,834
Income Tax Expense	-334	28,618	15,476	12,287	2,618	183.22
Earnings From Continuing Operations	12,043	31,536	41,509	14,277	4,471	3,651
Minority Interest in Earnings	-130	77	-	-	-	-
Net Income	11,913	31,613	41,509	14,277	4,471	3,651
Net Income to Common	11,913	31,613	41,509	14,277	4,471	3,651
Net Income Growth	-81.36%	-23.84%	190.74%	219.33%	22.45%	54.12%
Shares Outstanding (Basic)	366	366	366	366	366	352
Shares Outstanding (Diluted)	366	366	366	366	366	352
Shares Change (YoY)	-0.05%	-	0.07%	-	3.89%	-
EPS (Basic)	32.55	86.37	113.41	39.04	12.22	10.37
EPS (Diluted)	32.54	86.37	113.41	39.04	12.22	10.37
EPS Growth	-81.36%	-23.84%	190.53%	219.44%	17.84%	54.11%
Free Cash Flow	-2,175	50,389	42,841	15,779	10,380	1,113
Free Cash Flow Per Share	-5.94	137.67	117.05	43.14	28.38	3.16
Dividend Per Share	-	-	33.900	-	-	-
Gross Margin	23.22%	39.65%	39.36%	48.88%	39.78%	35.05%
Operating Margin	-9.01%	16.40%	17.66%	27.06%	17.96%	12.49%
Profit Margin	8.12%	13.23%	16.17%	16.66%	12.04%	14.01%
Free Cash Flow Margin	-1.48%	21.09%	16.69%	18.42%	27.95%	4.27%
EBITDA	1,236	56,095	62,226	28,139	8,849	4,765
EBITDA Margin	0.84%	23.48%	24.25%	32.84%	23.82%	18.28%
D&A For EBITDA	14,461	16,906	16,890	4,953	2,177	1,510
EBIT	-13,225	39,189	45,336	23,186	6,671	3,255
EBIT Margin	-9.01%	16.40%	17.66%	27.06%	17.96%	12.49%
Effective Tax Rate	-	47.57%	27.16%	46.25%	36.93%	4.78%
Advertising Expenses	-	106	114	55.2	36.75	48.88

Source: S&P Capital IQ. Standard template. Financial Sources.