Cementos Argos Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	3,826,541	3,967,619	3,916,013	11,684,055	9,817,689	9,000,548	Upgrade
Revenue Growth (YoY)	0.42%	1.32%	-66.48%	19.01%	9.08%	-4.00%	Upgrade
Cost of Revenue	2,850,729	2,988,280	2,954,902	9,660,106	7,942,982	7,398,513	Upgrade
Gross Profit	975,812	979,339	961,111	2,023,949	1,874,707	1,602,035	Upgrade
Selling, General & Admin	488,490	496,774	452,308	999,554	865,015	817,694	Upgrade
Other Operating Expenses	72,960	57,844	67,421	-60,199	-136,723	42,859	Upgrade
Operating Expenses	562,037	554,618	519,729	939,355	728,292	860,553	Upgrade
Operating Income	413,775	424,721	441,382	1,084,594	1,146,415	741,482	Upgrade
Interest Expense	-263,114	-527,672	-573,426	-630,899	-434,224	-498,563	Upgrade
Interest & Investment Income	103,234	97,903	47,432	52,303	32,738	42,318	Upgrade
Earnings From Equity Investments	-3,346	820	874	7,461	-8,157	-5,630	Upgrade
Currency Exchange Gain (Loss)	99,776	9,730	-35,167	3,421	10,387	-11,351	Upgrade
Other Non Operating Income (Expenses)	19,436	19,386	-11,521	-27,500	-	-	Upgrade
EBT Excluding Unusual Items	369,761	24,888	-130,426	489,380	747,159	268,256	Upgrade
Impairment of Goodwill	-53,241	-	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-110	-110	-	-	82	-14,363	Upgrade
Gain (Loss) on Sale of Assets	7,908	7,908	3,681	11,080	-18,454	-33,483	Upgrade
Asset Writedown	3,909	3,909	6,570	13,077	23,786	187	Upgrade
Legal Settlements	-7,386	-7,386	-6,214	-7,061	-1,939	-77,018	Upgrade
Other Unusual Items	-	-	-	-	-	20,119	Upgrade
Pretax Income	349,322	57,690	-104,510	580,408	817,634	221,815	Upgrade
Income Tax Expense	40,993	29,950	180,630	365,594	293,698	81,001	Upgrade
Earnings From Continuing Operations	308,329	27,740	-285,140	214,814	523,936	140,814	Upgrade
Earnings From Discontinued Operations	-3,166,497	228,190	583,376	-	-	-	Upgrade
Net Income to Company	-2,858,168	255,930	298,236	214,814	523,936	140,814	Upgrade
Minority Interest in Earnings	-61,725	-54,586	-56,717	-72,527	-92,804	-62,626	Upgrade
Net Income	-2,919,893	201,344	241,519	142,287	431,132	78,188	Upgrade
Net Income to Common	-2,919,893	201,344	241,519	142,287	431,132	78,188	Upgrade
Net Income Growth	-	-16.63%	69.74%	-67.00%	451.40%	-35.85%	Upgrade
Shares Outstanding (Basic)	1,298	1,294	1,170	1,170	1,170	1,152	Upgrade
Shares Outstanding (Diluted)	1,298	1,294	1,170	1,170	1,170	1,152	Upgrade
Shares Change (YoY)	9.00%	10.60%	-0.06%	-	1.63%	-	Upgrade
EPS (Basic)	-2250.19	155.61	206.46	121.56	368.34	67.89	Upgrade
EPS (Diluted)	-2250.19	155.61	206.46	121.56	368.34	67.89	Upgrade
EPS Growth	-	-24.63%	69.84%	-67.00%	442.54%	-35.85%	Upgrade
Free Cash Flow	-	565,913	1,715,695	707,666	905,923	1,118,577	Upgrade
Free Cash Flow Per Share	-	437.38	1466.62	604.60	773.98	971.26	Upgrade
Dividend Per Share	-	385.000	117.540	92.770	281.200	127.600	Upgrade
Dividend Growth	-	227.55%	26.70%	-67.01%	120.38%	-49.20%	Upgrade
Gross Margin	25.50%	24.68%	24.54%	17.32%	19.10%	17.80%	Upgrade
Operating Margin	10.81%	10.71%	11.27%	9.28%	11.68%	8.24%	Upgrade
Profit Margin	-76.31%	5.08%	6.17%	1.22%	4.39%	0.87%	Upgrade
Free Cash Flow Margin	-	14.26%	43.81%	6.06%	9.23%	12.43%	Upgrade
EBITDA	751,683	763,545	757,963	1,894,355	1,929,383	1,503,484	Upgrade
EBITDA Margin	19.64%	19.24%	19.36%	16.21%	19.65%	16.70%	Upgrade
D&A For EBITDA	337,908	338,824	316,581	809,761	782,968	762,002	Upgrade
EBIT	413,775	424,721	441,382	1,084,594	1,146,415	741,482	Upgrade
EBIT Margin	10.81%	10.71%	11.27%	9.28%	11.68%	8.24%	Upgrade
Effective Tax Rate	11.73%	51.91%	-	62.99%	35.92%	36.52%	Upgrade

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.