Telecom Argentina S.A. (BCBA:TECO2)
Argentina flag Argentina · Delayed Price · Currency is ARS
4,190.00
-50.00 (-1.18%)
Aug 14, 2026, 4:58 PM BRT

Telecom Argentina Financials Overview

Millions ARS. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
8,926,6888,328,8145,442,9585,898,6116,030,9982,581,043
Revenue Growth
19.70%53.02%-7.72%-2.20%133.66%191.06%
Gross Profit
6,824,5776,281,2583,989,2814,332,3354,449,6641,885,860
Operating Income
844,475546,491-170,434-295,624-308,67837,416
Net Income
795,798-170,0061,331,805-738,306-1,718,96652,559
Earnings Per Share
369.50-78.94618.38-342.81-798.1524.40
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Eliminations
-215,094-135,158-30,294-27,935-39,926-12,178
Others
441,812431,331435,016416,776408,484189,752
ICT Services Provided In Argentina – TMA Networks
3,333,1042,748,493----
ICT Services Provided in Argentina – Personal Network
5,366,8665,284,1485,038,2365,509,770--
Total
8,926,6888,328,8145,442,9585,898,6116,030,9982,581,043

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
956,689792,114462,924753,614151,16459,675
Total Debt
6,014,1875,825,6984,067,7855,891,7691,553,305556,789
Net Cash (Debt)
-5,057,498-5,033,584-3,604,861-5,138,155-1,402,141-497,114
Net Cash Growth
------
Net Cash Per Share
-2348.30-2337.19-1673.81-2385.75-651.04-230.82

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
3,180,9192,385,8581,067,5131,769,4911,770,170788,796
Capital Expenditures
-1,880,347-1,355,061-457,953-756,094-969,805-446,375
Free Cash Flow
1,300,5721,030,797609,5601,013,397800,365342,421
Free Cash Flow Growth
71.05%69.11%-39.85%26.62%133.74%144.34%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
76.45%75.42%73.29%73.45%73.78%73.07%
Operating Margin
9.46%6.56%-3.13%-5.01%-5.12%1.45%
Pretax Margin
13.27%-2.30%34.86%-28.55%-31.84%10.17%
Profit Margin
8.91%-2.04%24.47%-12.52%-28.50%2.04%
FCF Margin
14.57%12.38%11.20%17.18%13.27%13.27%

Dividends

Fiscal YearCurrentFY 2025
Period EndingAug '26 Dec '25
Dividend Per Share
13.63213.632
Dividend Per Share Growth
0%-
Dividend Yield
0.32%0.39%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
11.33-4.97--8.29
Forward PE
15.4292.5168.5368.5368.5316.69
P/FCF Ratio
6.937.3710.852.940.991.27
PS Ratio
1.010.911.220.510.130.17