Corporación de Ferias y Exposiciones S.A. Usuario Operador de Zona Franca (BVC:CORFERIAS)

BVC:CORFERIAS Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	299,811	286,301	264,950	192,254	90,838	18,983
Revenue Growth (YoY)	2.26%	8.06%	37.81%	111.64%	378.53%	-90.36%
Cost of Revenue	7,724	10,464	10,539	8,222	4,024	2,752
Gross Profit	292,087	275,838	254,410	184,032	86,814	16,231
Selling, General & Admin	232,963	210,727	191,807	144,228	85,470	55,177
Other Operating Expenses	1,450	6,921	7,843	5,113	4,509	-4,668
Operating Expenses	234,388	218,019	200,006	149,943	89,100	51,935
Operating Income	57,699	57,819	54,405	34,089	-2,286	-35,704
Interest Expense	-11,979	-16,187	-22,097	-16,495	-8,414	-14,854
Interest & Investment Income	1,001	4,326	7,015	2,790	3,768	1,957
Earnings From Equity Investments	11,627	12,145	8,831	5,178	767.93	-2,641
Currency Exchange Gain (Loss)	-1,164	-1,145	-2,717	529.05	494.37	409.32
Other Non Operating Income (Expenses)	1,770	-	-	-567.71	-246.05	-56.92
EBT Excluding Unusual Items	58,953	56,957	45,436	25,524	-5,916	-50,890
Gain (Loss) on Sale of Investments	-0.01	-0.01	-39.03	-32.76	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	7,337
Asset Writedown	3,183	3,183	2,561	-4,783	903.48	2,272
Legal Settlements	78.15	78.15	4,199	226.06	519.06	-
Other Unusual Items	-	-	-	-	1,170	2,906
Pretax Income	62,214	60,218	52,157	20,935	-3,323	-38,375
Income Tax Expense	12,468	11,722	5,710	4,052	-1.88	5,365
Net Income	49,746	48,496	46,447	16,883	-3,321	-43,740
Net Income to Common	49,746	48,496	46,447	16,883	-3,321	-43,740
Net Income Growth	0.18%	4.41%	175.12%	-	-	-
Shares Outstanding (Basic)	-	167	167	167	167	167
Shares Outstanding (Diluted)	-	167	167	167	167	167
EPS (Basic)	-	289.89	277.64	100.92	-19.85	-261.47
EPS (Diluted)	-	289.89	277.64	100.92	-19.85	-261.47
EPS Growth	-	4.41%	175.12%	-	-	-
Free Cash Flow	18,532	14,048	37,877	35,798	9,259	-52,566
Free Cash Flow Per Share	-	83.98	226.42	213.99	55.35	-314.23
Dividend Per Share	119.440	119.440	108.080	19.540	-	64.670
Dividend Growth	10.51%	10.51%	453.12%	-	-	-
Gross Margin	97.42%	96.34%	96.02%	95.72%	95.57%	85.50%
Operating Margin	19.25%	20.20%	20.53%	17.73%	-2.52%	-188.08%
Profit Margin	16.59%	16.94%	17.53%	8.78%	-3.66%	-230.42%
Free Cash Flow Margin	6.18%	4.91%	14.30%	18.62%	10.19%	-276.91%
EBITDA	68,976	69,636	62,796	44,557	6,955	-27,298
EBITDA Margin	23.01%	24.32%	23.70%	23.18%	7.66%	-143.80%
D&A For EBITDA	11,277	11,817	8,391	10,468	9,240	8,406
EBIT	57,699	57,819	54,405	34,089	-2,286	-35,704
EBIT Margin	19.25%	20.20%	20.53%	17.73%	-2.52%	-188.08%
Effective Tax Rate	20.04%	19.47%	10.95%	19.36%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.