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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,389	1,364	1,168	1,039	937.75	934.12
Revenue Growth (YoY)	11.19%	16.74%	12.47%	10.78%	0.39%	5.76%
Cost of Revenue	862.1	862.21	803.84	707.48	647.89	667.2
Gross Profit	527.04	501.71	364.48	331.32	289.86	266.91
Selling, General & Admin	126.2	119.41	96.13	90.24	78.52	83.35
Other Operating Expenses	4.12	2.24	0.59	0.99	-0.88	0.95
Operating Expenses	130.31	121.65	96.72	91.22	77.65	84.3
Operating Income	396.72	380.06	267.76	240.1	212.21	182.62
Interest Expense	-25.32	-25.84	-29.88	-32.71	-34.2	-39.45
Interest & Investment Income	66.79	57.97	22.12	7.23	6.36	8.85
Earnings From Equity Investments	2.01	3.3	3.28	2.99	1.7	2.16
Currency Exchange Gain (Loss)	3.28	-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	441.21	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	436.82	404.3	202.74	206.73	160.89	142.15
Income Tax Expense	117.4	108.83	62.48	54.88	31.19	25.41
Earnings From Continuing Operations	319.42	295.47	140.26	151.85	129.71	116.74
Net Income to Company	319.42	295.47	140.26	151.85	129.71	116.74
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	319.41	295.46	140.26	151.85	129.71	116.73
Net Income to Common	319.41	295.46	140.26	151.85	129.71	116.73
Net Income Growth	69.38%	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)	0.15%	-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	69.12%	111.40%	-6.73%	17.07%	11.58%	79.32%
Free Cash Flow	121.86	107.16	277.93	296.23	296.82	165.29
Free Cash Flow Per Share	0.37	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	37.94%	36.78%	31.20%	31.89%	30.91%	28.57%
Operating Margin	28.56%	27.87%	22.92%	23.11%	22.63%	19.55%
Profit Margin	22.99%	21.66%	12.01%	14.62%	13.83%	12.50%
Free Cash Flow Margin	8.77%	7.86%	23.79%	28.52%	31.65%	17.69%
EBITDA	476.13	456.92	347.21	323.74	293.56	271.88
EBITDA Margin	34.28%	33.50%	29.72%	31.16%	31.30%	29.11%
D&A For EBITDA	79.41	76.86	79.46	83.64	81.35	89.27
EBIT	396.72	380.06	267.76	240.1	212.21	182.62
EBIT Margin	28.56%	27.87%	22.92%	23.11%	22.63%	19.55%
Effective Tax Rate	26.88%	26.92%	30.82%	26.55%	19.38%	17.88%

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