Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. (BVC:ETB)

BVC:ETB 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,545,338	1,509,030	1,570,230	1,389,052	1,364,417	1,399,448
Other Revenue	-56,052	5,429	6,293	-	12,774	13,858
Revenue	1,489,287	1,514,459	1,576,524	1,389,052	1,377,191	1,413,306
Revenue Growth (YoY)	-10.80%	-3.94%	13.50%	0.86%	-2.56%	-6.49%
Cost of Revenue	1,188,671	1,125,810	1,123,861	922,165	814,647	845,728
Gross Profit	300,616	388,649	452,663	466,887	562,544	567,578
Selling, General & Admin	109,968	109,968	118,958	112,614	139,811	124,609
Other Operating Expenses	19,357	19,357	14,588	-108,813	6,577	22,717
Operating Expenses	493,663	493,562	466,431	349,214	520,456	560,267
Operating Income	-193,047	-104,913	-13,769	117,673	42,087	7,311
Interest Expense	-149,217	-149,217	-172,094	-104,655	-59,155	-55,292
Interest & Investment Income	7,521	7,521	61,141	24,341	7,124	16,571
Earnings From Equity Investments	-0	2,005	-6,174	2,337	-	-
Currency Exchange Gain (Loss)	598.58	-2,560	13,557	-1,776	5,773	-2,759
Other Non Operating Income (Expenses)	41,282	1,764	2,256	-5,896	74,503	1,409
EBT Excluding Unusual Items	-292,862	-245,400	-115,084	32,025	70,332	-32,759
Impairment of Goodwill	-	-	-	-	-	-92.7
Gain (Loss) on Sale of Assets	156,552	156,552	21,450	14,368	354.73	2,114
Asset Writedown	-3,720	-10,717	-10,142	-1,992	7,375	-7,561
Legal Settlements	-80,899	-80,899	-	-	-	-
Pretax Income	-205,348	-164,883	-103,775	44,400	78,061	-38,300
Income Tax Expense	-67,578	-65,913	-65,915	-3,351	-57,244	2,027
Earnings From Continuing Operations	-137,770	-98,970	-37,860	47,752	135,305	-40,326
Minority Interest in Earnings	5,270	7,763	654.61	1,342	3,399	1,989
Net Income	-132,500	-91,207	-37,206	49,093	138,704	-38,338
Net Income to Common	-132,500	-91,207	-37,206	49,093	138,704	-38,338
Net Income Growth	-	-	-	-64.61%	-	-
Shares Outstanding (Basic)	3,550	3,551	3,551	3,551	3,551	3,551
Shares Outstanding (Diluted)	3,550	3,551	3,551	3,551	3,551	3,551
EPS (Basic)	-37.32	-25.69	-10.48	13.83	39.07	-10.80
EPS (Diluted)	-37.33	-25.69	-10.48	13.83	39.07	-10.80
EPS Growth	-	-	-	-64.61%	-	-
Free Cash Flow	252,223	123,232	66,424	-128,985	27,958	61,425
Free Cash Flow Per Share	71.05	34.71	18.71	-36.33	7.87	17.30
Gross Margin	20.18%	25.66%	28.71%	33.61%	40.85%	40.16%
Operating Margin	-12.96%	-6.93%	-0.87%	8.47%	3.06%	0.52%
Profit Margin	-8.90%	-6.02%	-2.36%	3.53%	10.07%	-2.71%
Free Cash Flow Margin	16.94%	8.14%	4.21%	-9.29%	2.03%	4.35%
EBITDA	87,683	178,584	266,157	385,706	383,636	403,366
EBITDA Margin	5.89%	11.79%	16.88%	27.77%	27.86%	28.54%
D&A For EBITDA	280,730	283,496	279,925	268,033	341,549	396,055
EBIT	-193,047	-104,913	-13,769	117,673	42,087	7,311
EBIT Margin	-12.96%	-6.93%	-0.87%	8.47%	3.06%	0.52%
Revenue as Reported	1,691,057	1,716,229	1,623,306	1,552,926	1,415,144	1,440,362
Advertising Expenses	-	21,297	28,558	24,496	26,766	19,473

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.