Constructora Conconcreto S.A. (BVC: CONCONCRET)

Constructora Conconcreto 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,079,838	1,222,338	1,356,630	812,246	574,627	945,692
Revenue	1,079,838	1,222,338	1,356,630	812,246	574,627	945,692
Revenue Growth (YoY)	-18.17%	-9.90%	67.02%	41.35%	-39.24%	-12.45%
Cost of Revenue	980,143	1,100,120	991,000	1,046,792	491,638	802,951
Gross Profit	99,696	122,218	365,630	-234,546	82,989	142,740
Selling, General & Admin	76,332	75,647	101,748	93,707	72,700	76,507
Other Operating Expenses	9,834	-15,230	-25,227	-7,464	-2,928	26,615
Operating Expenses	86,166	60,417	76,521	86,244	69,772	103,121
Operating Income	13,530	61,801	289,109	-320,790	13,218	39,619
Interest Expense	-104,791	-106,869	-75,867	-47,137	-60,563	-70,486
Interest & Investment Income	34,242	31,106	19,128	10,475	43,481	47,052
Earnings From Equity Investments	30,842	17,499	2,509	9,491	5,249	9,378
Currency Exchange Gain (Loss)	-512.71	-7,288	6,963	-2,843	248.68	-18.44
Other Non Operating Income (Expenses)	-3,326	-3,036	-325.49	-202.61	2,645	3,017
EBT Excluding Unusual Items	-30,017	-6,788	241,516	-351,006	4,277	28,561
Gain (Loss) on Sale of Investments	61,251	18,668	-42,415	41,476	9,753	52,823
Gain (Loss) on Sale of Assets	5,866	6,607	2,456	4,426	1,188	4,227
Asset Writedown	-105.18	-	-	13,988	24,270	408.3
Legal Settlements	5,128	5,007	990.97	1,173	2,740	7,198
Pretax Income	42,123	23,494	202,548	-289,943	42,229	93,217
Income Tax Expense	22,175	22,614	142,563	-91,063	18,726	27,224
Earnings From Continuing Operations	19,948	880.15	59,985	-198,880	23,503	65,994
Minority Interest in Earnings	-117.47	141.63	1,028	-1,518	-377.83	-1,944
Net Income	19,830	1,022	61,013	-200,398	23,125	64,049
Net Income to Common	19,830	1,022	61,013	-200,398	23,125	64,049
Net Income Growth	686.40%	-98.33%	-	-	-63.89%	-12.49%
Shares Outstanding (Basic)	1,134	1,134	1,134	1,134	1,134	1,134
Shares Outstanding (Diluted)	1,134	1,134	1,134	1,134	1,134	1,134
EPS (Basic)	17.48	0.90	53.79	-176.68	20.39	56.47
EPS (Diluted)	17.48	0.90	53.79	-176.68	20.39	56.47
EPS Growth	686.40%	-98.33%	-	-	-63.89%	-12.49%
Free Cash Flow	57,015	-203,899	24,554	-87,200	48,414	40,987
Free Cash Flow Per Share	50.27	-179.76	21.65	-76.88	42.68	36.14
Dividend Per Share	-	-	13.225	-	-	-
Gross Margin	9.23%	10.00%	26.95%	-28.88%	14.44%	15.09%
Operating Margin	1.25%	5.06%	21.31%	-39.49%	2.30%	4.19%
Profit Margin	1.84%	0.08%	4.50%	-24.67%	4.02%	6.77%
Free Cash Flow Margin	5.28%	-16.68%	1.81%	-10.74%	8.43%	4.33%
EBITDA	37,959	91,650	328,739	-290,376	38,196	70,237
EBITDA Margin	3.52%	7.50%	24.23%	-35.75%	6.65%	7.43%
D&A For EBITDA	24,429	29,849	39,631	30,414	24,979	30,618
EBIT	13,530	61,801	289,109	-320,790	13,218	39,619
EBIT Margin	1.25%	5.06%	21.31%	-39.49%	2.30%	4.19%
Effective Tax Rate	52.64%	96.25%	70.38%	-	44.34%	29.20%
Advertising Expenses	-	418.93	-	-	-	-

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