Cementos Argos Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Revenue	12,630,612	12,717,345	11,684,055	9,817,689	9,000,548	9,375,076	Upgrade
Revenue Growth (YoY)	40.56%	8.84%	19.01%	9.08%	-3.99%	11.37%	Upgrade
Cost of Revenue	9,733,639	9,856,440	9,660,106	7,942,982	7,398,513	7,779,684	Upgrade
Gross Profit	2,896,973	2,860,905	2,023,949	1,874,707	1,602,035	1,595,392	Upgrade
Selling, General & Admin	1,240,515	1,208,677	999,554	865,015	817,694	917,499	Upgrade
Other Operating Expenses	62,656	93,622	-60,199	-136,723	42,859	59,421	Upgrade
Operating Expenses	1,299,726	1,302,299	939,355	728,292	860,553	976,920	Upgrade
Operating Income	1,597,247	1,558,606	1,084,594	1,146,415	741,482	618,472	Upgrade
Interest Expense	-796,112	-888,799	-630,899	-434,224	-498,563	-532,708	Upgrade
Interest & Investment Income	124,591	124,591	52,303	32,738	42,318	41,120	Upgrade
Earnings From Equity Investments	189,556	-1,482	7,461	-8,157	-5,630	-13,133	Upgrade
Currency Exchange Gain (Loss)	11,486	-50,112	3,421	10,387	-11,351	8,812	Upgrade
Other Non Operating Income (Expenses)	-43,951	-43,951	-27,500	-	-	-	Upgrade
EBT Excluding Unusual Items	1,082,817	698,853	489,380	747,159	268,256	122,563	Upgrade
Impairment of Goodwill	193	-	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	82	-14,363	26,147	Upgrade
Gain (Loss) on Sale of Assets	40,958	40,958	11,080	-18,454	-33,483	59,379	Upgrade
Asset Writedown	4,848	4,848	13,077	23,786	187	34,187	Upgrade
Legal Settlements	-12,652	-12,652	-7,061	-1,939	-77,018	-11,982	Upgrade
Other Unusual Items	-	-	-	-	20,119	-	Upgrade
Pretax Income	1,164,845	780,688	580,408	817,634	221,815	342,823	Upgrade
Income Tax Expense	441,447	387,627	365,594	293,698	81,001	146,315	Upgrade
Earnings From Continuing Operations	723,398	393,061	214,814	523,936	140,814	196,508	Upgrade
Earnings From Discontinued Operations	4,787,627	-	-	-	-	-	Upgrade
Net Income to Company	5,511,025	393,061	214,814	523,936	140,814	196,508	Upgrade
Minority Interest in Earnings	-66,211	-73,116	-72,527	-92,804	-62,626	-74,626	Upgrade
Net Income	5,444,814	319,945	142,287	431,132	78,188	121,882	Upgrade
Net Income to Common	5,444,814	319,945	142,287	431,132	78,188	121,882	Upgrade
Net Income Growth	1124.67%	124.86%	-67.00%	451.40%	-35.85%	-31.74%	Upgrade
Shares Outstanding (Basic)	1,316	1,170	1,170	1,170	1,152	1,152	Upgrade
Shares Outstanding (Diluted)	1,316	1,170	1,170	1,170	1,152	1,152	Upgrade
Shares Change (YoY)	12.44%	-0.06%	-	1.63%	-	-	Upgrade
EPS (Basic)	4137.15	273.50	121.56	368.34	67.89	105.83	Upgrade
EPS (Diluted)	4137.15	273.50	121.56	368.34	67.89	105.83	Upgrade
EPS Growth	989.18%	124.98%	-67.00%	442.54%	-35.85%	-31.74%	Upgrade
Free Cash Flow	-	1,306,768	707,666	905,923	1,118,577	745,316	Upgrade
Free Cash Flow Per Share	-	1117.06	604.60	773.98	971.26	647.16	Upgrade
Dividend Per Share	117.540	117.540	92.770	281.200	127.600	251.200	Upgrade
Dividend Growth	26.70%	26.70%	-67.01%	120.38%	-49.20%	3.80%	Upgrade
Gross Margin	22.94%	22.50%	17.32%	19.10%	17.80%	17.02%	Upgrade
Operating Margin	12.65%	12.26%	9.28%	11.68%	8.24%	6.60%	Upgrade
Profit Margin	43.11%	2.52%	1.22%	4.39%	0.87%	1.30%	Upgrade
Free Cash Flow Margin	-	10.28%	6.06%	9.23%	12.43%	7.95%	Upgrade
EBITDA	2,054,761	2,379,826	1,894,355	1,929,383	1,503,484	1,364,605	Upgrade
EBITDA Margin	16.27%	18.71%	16.21%	19.65%	16.70%	14.56%	Upgrade
D&A For EBITDA	457,514	821,220	809,761	782,968	762,002	746,133	Upgrade
EBIT	1,597,247	1,558,606	1,084,594	1,146,415	741,482	618,472	Upgrade
EBIT Margin	12.65%	12.26%	9.28%	11.68%	8.24%	6.60%	Upgrade
Effective Tax Rate	37.90%	49.65%	62.99%	35.92%	36.52%	42.68%	Upgrade

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