Acerías Paz del Río S. A. Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,408,341	1,429,031	1,527,802	1,603,924	1,402,409
Revenue Growth (YoY)	-1.45%	-6.46%	-4.75%	14.37%	52.53%
Cost of Revenue	1,248,793	1,310,183	1,354,897	1,371,904	1,094,506
Gross Profit	159,548	118,848	172,906	232,021	307,903
Selling, General & Admin	148,867	137,727	147,549	141,658	108,935
Other Operating Expenses	-4,620	-16,178	-13,641	-3,411	-12,690
Operating Expenses	144,247	121,548	133,908	138,247	96,246
Operating Income	15,300	-2,700	38,997	93,774	211,657
Interest Expense	-69,924	-61,938	-66,374	-38,093	-25,037
Interest & Investment Income	-	2,970	6,234	2,482	1,267
Currency Exchange Gain (Loss)	-	-8,374	4,090	-2,915	-310.78
Other Non Operating Income (Expenses)	-	-5,764	-11,718	-13,154	-15,869
EBT Excluding Unusual Items	-54,624	-75,806	-28,771	42,094	171,708
Gain (Loss) on Sale of Assets	-	1,445	-11.78	7,702	20,881
Legal Settlements	-	-	-	-	-5,539
Other Unusual Items	-	-6,848	-4,359	-1,498	-6,509
Pretax Income	-54,624	-81,209	-33,141	48,297	180,541
Income Tax Expense	-11,101	-26,295	-3,120	5,658	62,360
Net Income	-43,523	-54,914	-30,021	42,639	118,180
Net Income to Common	-43,523	-54,914	-30,021	42,639	118,180
Net Income Growth	-	-	-	-63.92%	-
Shares Outstanding (Basic)	49,458	49,472	50,035	49,580	49,656
Shares Outstanding (Diluted)	49,458	49,472	50,035	49,580	49,656
Shares Change (YoY)	-0.03%	-1.13%	0.92%	-0.15%	0.05%
EPS (Basic)	-0.88	-1.11	-0.60	0.86	2.38
EPS (Diluted)	-0.88	-1.11	-0.60	0.86	2.38
EPS Growth	-	-	-	-63.87%	-
Free Cash Flow	35,978	-18,051	64,015	-51,707	172,644
Free Cash Flow Per Share	0.73	-0.36	1.28	-1.04	3.48
Dividend Per Share	-	-	-	1.080	1.610
Dividend Growth	-	-	-	-32.92%	-
Gross Margin	11.33%	8.32%	11.32%	14.47%	21.95%
Operating Margin	1.09%	-0.19%	2.55%	5.85%	15.09%
Profit Margin	-3.09%	-3.84%	-1.97%	2.66%	8.43%
Free Cash Flow Margin	2.56%	-1.26%	4.19%	-3.22%	12.31%
EBITDA	117,592	82,763	129,937	188,464	307,707
EBITDA Margin	8.35%	5.79%	8.51%	11.75%	21.94%
D&A For EBITDA	102,292	85,463	90,939	94,690	96,050
EBIT	15,300	-2,700	38,997	93,774	211,657
EBIT Margin	1.09%	-0.19%	2.55%	5.85%	15.09%
Effective Tax Rate	-	-	-	11.72%	34.54%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.