Promotora y Operadora de Infraestructura, S. A. B. de C. V. (BMV: PINFRA)

PINFRA Income Statement

Financials in millions MXN. 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	17,303	15,532	14,340	12,420	9,933	12,050
Revenue Growth (YoY)	18.29%	8.31%	15.46%	25.04%	-17.57%	-1.02%
Cost of Revenue	6,630	5,613	5,919	5,582	4,792	5,567
Gross Profit	10,673	9,918	8,421	6,838	5,141	6,483
Selling, General & Admin	375.92	310.39	208.38	155.62	138.35	137.1
Other Operating Expenses	-221.32	-235.74	-14.21	-35.58	-100.38	-79.33
Operating Expenses	166.58	86.63	205.17	130.63	43.52	61.25
Operating Income	10,507	9,832	8,215	6,707	5,098	6,422
Interest Expense	-2,499	-2,555	-3,018	-2,543	-1,418	-1,087
Interest & Investment Income	4,023	3,697	3,117	2,329	1,864	2,103
Earnings From Equity Investments	179.56	102.03	118.11	63.22	-41.83	111.14
Currency Exchange Gain (Loss)	-906.14	-1,719	-954.51	372.83	-1,322	-453.38
EBT Excluding Unusual Items	12,321	9,357	7,478	6,929	4,181	7,096
Gain (Loss) on Sale of Investments	-55.91	-55.91	-	-	-	-
Pretax Income	12,265	9,301	7,478	6,929	4,181	7,096
Income Tax Expense	2,934	1,989	1,209	424.4	764.44	1,798
Earnings From Continuing Operations	9,331	7,311	6,268	6,504	3,416	5,298
Net Income to Company	9,331	7,311	6,268	6,504	3,416	5,298
Minority Interest in Earnings	-1,533	-1,274	-992.57	-899.13	-755.87	-736.5
Net Income	7,799	6,037	5,276	5,605	2,660	4,561
Net Income to Common	7,799	6,037	5,276	5,605	2,660	4,561
Net Income Growth	59.09%	14.43%	-5.88%	110.69%	-41.67%	-12.60%
Shares Outstanding (Basic)	436	430	430	430	430	430
Shares Outstanding (Diluted)	436	430	430	430	430	430
Shares Change (YoY)	2.79%	-	-	-	-	-
EPS (Basic)	17.88	14.06	12.28	13.05	6.19	10.62
EPS (Diluted)	17.88	14.06	12.28	13.05	6.19	10.62
EPS Growth	54.77%	14.43%	-5.88%	110.69%	-41.67%	-12.60%
Free Cash Flow	9,604	10,195	8,797	5,387	4,043	-2,014
Free Cash Flow Per Share	22.02	23.74	20.48	12.54	9.41	-4.69
Dividend Per Share	2.660	5.315	7.836	4.820	4.733	-
Dividend Growth	-74.64%	-32.16%	62.57%	1.83%	-	-
Gross Margin	61.68%	63.86%	58.72%	55.05%	51.76%	53.80%
Operating Margin	60.72%	63.30%	57.29%	54.00%	51.32%	53.29%
Profit Margin	45.07%	38.87%	36.79%	45.13%	26.78%	37.85%
Free Cash Flow Margin	55.50%	65.64%	61.35%	43.38%	40.70%	-16.71%
EBITDA	11,416	10,834	9,417	7,785	5,853	7,112
EBITDA Margin	65.98%	69.75%	65.67%	62.68%	58.93%	59.02%
D&A For EBITDA	909.92	1,002	1,201	1,078	755.66	690.59
EBIT	10,507	9,832	8,215	6,707	5,098	6,422
EBIT Margin	60.72%	63.30%	57.29%	54.00%	51.32%	53.29%
Effective Tax Rate	23.92%	21.39%	16.17%	6.13%	18.28%	25.34%
Revenue as Reported	15,532	15,532	14,340	12,420	9,933	12,050

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