GCC, S.A.B. de C.V. (BMV: GCC)

GCC, S.A.B. de C.V. Income Statement

Financials in millions USD. 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	1,371	1,364	1,168	1,039	937.75	934.12
Revenue Growth (YoY)	4.47%	16.74%	12.47%	10.78%	0.39%	5.76%
Cost of Revenue	845.2	862.21	803.84	707.48	647.89	667.2
Gross Profit	526.07	501.71	364.48	331.32	289.86	266.91
Selling, General & Admin	123.28	119.41	96.13	90.24	78.52	83.35
Other Operating Expenses	5.39	2.24	0.59	0.99	-0.88	0.95
Operating Expenses	128.66	121.65	96.72	91.22	77.65	84.3
Operating Income	397.4	380.06	267.76	240.1	212.21	182.62
Interest Expense	-24.06	-25.84	-29.88	-32.71	-34.2	-39.45
Interest & Investment Income	66.92	57.97	22.12	7.23	6.36	8.85
Earnings From Equity Investments	3.06	3.3	3.28	2.99	1.7	2.16
Currency Exchange Gain (Loss)	3.5	-4.53	-1.78	0.33	0.94	-4.14
Other Non Operating Income (Expenses)	-2.27	-2.27	-8.73	-2.69	-1.61	-1.55
EBT Excluding Unusual Items	444.56	408.69	252.77	215.25	185.41	148.49
Impairment of Goodwill	-	-	-	-	-	-6.34
Gain (Loss) on Sale of Assets	-	-	-	-	-28.18	-
Asset Writedown	-	-	-	-	-0.69	-
Legal Settlements	-4.4	-4.4	-50.04	-8.52	-	-
Other Unusual Items	-	-	-	-	4.35	-
Pretax Income	440.16	404.3	202.74	206.73	160.89	142.15
Income Tax Expense	119.19	108.83	62.48	54.88	31.19	25.41
Earnings From Continuing Operations	320.97	295.47	140.26	151.85	129.71	116.74
Net Income to Company	320.97	295.47	140.26	151.85	129.71	116.74
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	320.97	295.46	140.26	151.85	129.71	116.73
Net Income to Common	320.97	295.46	140.26	151.85	129.71	116.73
Net Income Growth	42.77%	110.66%	-7.64%	17.07%	11.11%	79.49%
Shares Outstanding (Basic)	327	327	328	331	331	333
Shares Outstanding (Diluted)	327	327	328	331	331	333
Shares Change (YoY)	0.43%	-0.35%	-0.97%	-	-0.42%	0.10%
EPS (Basic)	0.98	0.90	0.43	0.46	0.39	0.35
EPS (Diluted)	0.98	0.90	0.43	0.46	0.39	0.35
EPS Growth	42.16%	111.40%	-6.73%	17.07%	11.58%	79.32%
Free Cash Flow	61.74	107.16	277.93	296.23	296.82	165.29
Free Cash Flow Per Share	0.19	0.33	0.85	0.89	0.90	0.50
Dividend Per Share	0.091	0.091	0.069	0.057	0.050	0.048
Dividend Growth	32.69%	32.69%	20.86%	13.37%	4.17%	11.63%
Gross Margin	38.36%	36.78%	31.20%	31.89%	30.91%	28.57%
Operating Margin	28.98%	27.87%	22.92%	23.11%	22.63%	19.55%
Profit Margin	23.41%	21.66%	12.01%	14.62%	13.83%	12.50%
Free Cash Flow Margin	4.50%	7.86%	23.79%	28.52%	31.65%	17.69%
EBITDA	478.48	456.92	347.21	323.74	293.56	271.88
EBITDA Margin	34.89%	33.50%	29.72%	31.16%	31.30%	29.11%
D&A For EBITDA	81.08	76.86	79.46	83.64	81.35	89.27
EBIT	397.4	380.06	267.76	240.1	212.21	182.62
EBIT Margin	28.98%	27.87%	22.92%	23.11%	22.63%	19.55%
Effective Tax Rate	27.08%	26.92%	30.82%	26.55%	19.38%	17.88%

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