Colombina S.A. (BVC: COLOMBINA)

Colombina Income Statement

Financials in millions COP. 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	3,219,655	3,344,565	2,934,694	2,161,662	1,925,792	1,941,319
Revenue Growth (YoY)	-1.93%	13.97%	35.76%	12.25%	-0.80%	7.24%
Cost of Revenue	2,103,213	2,218,391	1,970,194	1,461,049	1,301,044	1,269,987
Gross Profit	1,116,442	1,126,174	964,500	700,613	624,748	671,332
Selling, General & Admin	780,184	795,058	690,047	561,013	521,015	523,985
Other Operating Expenses	3,991	3,991	10,379	-1,418	-2,516	-7,523
Operating Expenses	784,175	799,049	700,426	559,595	518,499	516,462
Operating Income	332,267	327,125	264,074	141,018	106,249	154,870
Interest Expense	-172,170	-175,641	-110,183	-51,145	-63,711	-70,127
Interest & Investment Income	6,944	6,944	5,171	1,399	1,544	1,266
Currency Exchange Gain (Loss)	2,845	2,845	2,846	1,360	534	-154
Other Non Operating Income (Expenses)	-19,545	-4,456	-5,846	-5,365	-5,851	-5,743
EBT Excluding Unusual Items	150,341	156,817	156,062	87,267	38,765	80,112
Gain (Loss) on Sale of Assets	-660	-660	-840	-677	-457	-1,292
Asset Writedown	7,213	7,213	2,101	1,465	2,855	2,389
Pretax Income	156,894	163,370	157,323	88,055	41,163	81,209
Income Tax Expense	23,194	33,507	60,493	29,624	10,380	20,894
Earnings From Continuing Operations	133,700	129,863	96,830	58,431	30,783	60,315
Minority Interest in Earnings	-	-	-	-210	-248	-39
Net Income	133,700	129,863	96,830	58,221	30,535	60,276
Preferred Dividends & Other Adjustments	-	-	-	-	-	585
Net Income to Common	133,700	129,863	96,830	58,221	30,535	59,691
Net Income Growth	35.92%	34.11%	66.31%	90.67%	-49.34%	48.43%
Shares Outstanding (Basic)	376	383	388	388	388	388
Shares Outstanding (Diluted)	376	383	388	388	388	388
Shares Change (YoY)	-	-1.19%	-	-	-	-
EPS (Basic)	355.18	338.70	249.54	150.04	78.69	153.83
EPS (Diluted)	355.18	338.70	249.54	150.04	78.69	153.83
EPS Growth	-	35.73%	66.31%	90.67%	-48.84%	46.99%
Free Cash Flow	-	185,832	78,151	161,052	19,520	125,194
Free Cash Flow Per Share	-	484.67	201.41	415.05	50.31	322.64
Dividend Per Share	-	-	-	19.950	40.000	117.990
Dividend Growth	-	-	-	-50.13%	-66.10%	16.02%
Gross Margin	34.68%	33.67%	32.87%	32.41%	32.44%	34.58%
Operating Margin	10.32%	9.78%	9.00%	6.52%	5.52%	7.98%
Profit Margin	4.15%	3.88%	3.30%	2.69%	1.59%	3.07%
Free Cash Flow Margin	-	5.56%	2.66%	7.45%	1.01%	6.45%
EBITDA	389,162	394,870	328,609	201,873	170,981	219,785
EBITDA Margin	12.09%	11.81%	11.20%	9.34%	8.88%	11.32%
D&A For EBITDA	56,895	67,745	64,535	60,855	64,732	64,915
EBIT	332,267	327,125	264,074	141,018	106,249	154,870
EBIT Margin	10.32%	9.78%	9.00%	6.52%	5.52%	7.98%
Effective Tax Rate	14.78%	20.51%	38.45%	33.64%	25.22%	25.73%

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