Cementos Argos S.A. (BVC:PFCEMARGOS)

Cementos Argos 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	3,857,360	3,967,619	3,916,013	11,684,055	9,817,689	9,000,548
Revenue Growth (YoY)	0.73%	1.32%	-66.48%	19.01%	9.08%	-4.00%
Cost of Revenue	2,834,895	2,988,280	2,954,902	9,660,106	7,942,982	7,398,513
Gross Profit	1,022,465	979,339	961,111	2,023,949	1,874,707	1,602,035
Selling, General & Admin	465,164	496,774	452,308	999,554	865,015	817,694
Other Operating Expenses	70,110	57,844	67,421	-60,199	-136,723	42,859
Operating Expenses	535,274	554,618	519,729	939,355	728,292	860,553
Operating Income	487,191	424,721	441,382	1,084,594	1,146,415	741,482
Interest Expense	-317,037	-527,672	-573,426	-630,899	-434,224	-498,563
Interest & Investment Income	267,391	97,903	47,432	52,303	32,738	42,318
Earnings From Equity Investments	10,108	820	874	7,461	-8,157	-5,630
Currency Exchange Gain (Loss)	137,064	9,730	-35,167	3,421	10,387	-11,351
Other Non Operating Income (Expenses)	19,386	19,386	-11,521	-27,500	-	-
EBT Excluding Unusual Items	604,103	24,888	-130,426	489,380	747,159	268,256
Gain (Loss) on Sale of Investments	-110	-110	-	-	82	-14,363
Gain (Loss) on Sale of Assets	7,908	7,908	3,681	11,080	-18,454	-33,483
Asset Writedown	-48,498	3,909	6,570	13,077	23,786	187
Legal Settlements	-7,386	-7,386	-6,214	-7,061	-1,939	-77,018
Other Unusual Items	-	-	-	-	-	20,119
Pretax Income	584,498	57,690	-104,510	580,408	817,634	221,815
Income Tax Expense	60,177	29,950	180,630	365,594	293,698	81,001
Earnings From Continuing Operations	524,321	27,740	-285,140	214,814	523,936	140,814
Earnings From Discontinued Operations	-3,272,223	228,190	583,376	-	-	-
Net Income to Company	-2,747,902	255,930	298,236	214,814	523,936	140,814
Minority Interest in Earnings	-65,377	-54,586	-56,717	-72,527	-92,804	-62,626
Net Income	-2,813,279	201,344	241,519	142,287	431,132	78,188
Net Income to Common	-2,813,279	201,344	241,519	142,287	431,132	78,188
Net Income Growth	-	-16.63%	69.74%	-67.00%	451.40%	-35.85%
Shares Outstanding (Basic)	1,331	1,294	1,170	1,170	1,170	1,152
Shares Outstanding (Diluted)	1,331	1,294	1,170	1,170	1,170	1,152
Shares Change (YoY)	8.59%	10.60%	-0.06%	-	1.63%	-
EPS (Basic)	-2113.90	155.61	206.46	121.56	368.34	67.89
EPS (Diluted)	-2113.90	155.61	206.46	121.56	368.34	67.89
EPS Growth	-	-24.63%	69.84%	-67.00%	442.54%	-35.85%
Free Cash Flow	476,194	565,913	1,715,695	707,666	905,923	1,118,577
Free Cash Flow Per Share	357.81	437.38	1466.62	604.60	773.98	971.26
Dividend Per Share	385.000	385.000	117.540	92.770	281.200	127.600
Dividend Growth	227.55%	227.55%	26.70%	-67.01%	120.38%	-49.20%
Gross Margin	26.51%	24.68%	24.54%	17.32%	19.10%	17.80%
Operating Margin	12.63%	10.71%	11.27%	9.28%	11.68%	8.24%
Profit Margin	-72.93%	5.08%	6.17%	1.22%	4.39%	0.87%
Free Cash Flow Margin	12.35%	14.26%	43.81%	6.06%	9.23%	12.43%
EBITDA	801,834	763,545	757,963	1,894,355	1,929,383	1,503,484
EBITDA Margin	20.79%	19.24%	19.36%	16.21%	19.65%	16.70%
D&A For EBITDA	314,643	338,824	316,581	809,761	782,968	762,002
EBIT	487,191	424,721	441,382	1,084,594	1,146,415	741,482
EBIT Margin	12.63%	10.71%	11.27%	9.28%	11.68%	8.24%
Effective Tax Rate	10.30%	51.91%	-	62.99%	35.92%	36.52%

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