Cementos Argos Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,177,743	5,155,682	5,299,281	3,916,013	11,684,055	9,817,689
Revenue Growth	0.38%	-2.71%	35.32%	-66.48%	19.01%	9.08%
Cost of Revenue	3,807,163	3,751,558	3,984,045	2,954,902	9,660,106	7,942,982
Gross Profit	1,370,580	1,404,124	1,315,236	961,111	2,023,949	1,874,707
Selling, General & Admin	576,101	597,944	652,033	452,308	999,554	865,015
Other Operating Expenses	67,198	73,601	77,951	67,421	-60,199	-136,723
Operating Expenses	643,299	671,545	729,984	519,729	939,355	728,292
Operating Income	727,281	732,579	585,252	441,382	1,084,594	1,146,415
Interest Expense	-409,343	-455,315	-705,368	-573,426	-630,899	-434,224
Interest & Investment Income	399,292	459,234	176,303	47,432	52,303	32,738
Earnings From Equity Investments	2,895	664	782	874	7,461	-8,157
Currency Exchange Gain (Loss)	-10,272	78,067	-1,349	-35,167	3,421	10,387
Other Non Operating Income (Expenses)	-11,869	-11,869	24,922	-11,521	-27,500	-
EBT Excluding Unusual Items	697,984	803,360	80,542	-130,426	489,380	747,159
Gain (Loss) on Sale of Investments	-	-	-110	-	-	82
Gain (Loss) on Sale of Assets	4,062	4,062	5,544	3,681	11,080	-18,454
Asset Writedown	-61,020	-114,261	5,695	6,570	13,077	23,786
Legal Settlements	-6,930	-6,930	-7,440	-6,214	-7,061	-1,939
Pretax Income	680,376	732,511	144,006	-104,510	580,408	817,634
Income Tax Expense	130,172	127,507	47,847	180,630	365,594	293,698
Earnings From Continuing Operations	550,204	605,004	96,159	-285,140	214,814	523,936
Earnings From Discontinued Operations	-77,668	1,984,639	5,489,014	583,376	-	-
Net Income to Company	472,536	2,589,643	5,585,173	298,236	214,814	523,936
Minority Interest in Earnings	-84,542	-84,090	-65,650	-56,717	-72,527	-92,804
Net Income	387,994	2,505,553	5,519,523	241,519	142,287	431,132
Net Income to Common	387,994	2,505,553	5,519,523	241,519	142,287	431,132
Net Income Growth	-83.82%	-54.61%	2185.34%	69.74%	-67.00%	451.40%
Shares Outstanding (Basic)	1,247	1,286	1,260	1,170	1,170	1,170
Shares Outstanding (Diluted)	1,247	1,286	1,260	1,170	1,170	1,170
Shares Change	-4.37%	2.11%	7.70%	-0.06%	-	1.63%
EPS (Basic)	311.22	1947.60	4380.81	206.46	121.56	368.34
EPS (Diluted)	311.22	1947.60	4380.81	206.46	121.56	368.34
EPS Growth	-83.08%	-55.54%	2021.90%	69.84%	-67.00%	442.54%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	127,032	347,229	556,797	1,715,695	707,666	905,923
Free Cash Flow Per Share	101.90	269.90	441.93	1466.62	604.60	773.98
Dividend Per Share	430.000	430.000	385.000	117.540	92.770	281.200
Dividend Growth	11.69%	11.69%	227.55%	26.70%	-67.01%	120.38%
Gross Margin	26.47%	27.23%	24.82%	24.54%	17.32%	19.10%
Operating Margin	14.05%	14.21%	11.04%	11.27%	9.28%	11.68%
Profit Margin	7.49%	48.60%	104.16%	6.17%	1.22%	4.39%
Free Cash Flow Margin	2.45%	6.73%	10.51%	43.81%	6.06%	9.23%
EBITDA	1,127,770	1,124,865	990,071	757,963	1,894,355	1,929,383
EBITDA Margin	21.78%	21.82%	18.68%	19.36%	16.21%	19.65%
D&A For EBITDA	400,489	392,286	404,819	316,581	809,761	782,968
EBIT	727,281	732,579	585,252	441,382	1,084,594	1,146,415
EBIT Margin	14.05%	14.21%	11.04%	11.27%	9.28%	11.68%
Effective Tax Rate	19.13%	17.41%	33.23%	-	62.99%	35.92%