Administradora de Fondos de Pensiones y Cesantías Protección S.A. (BVC:PROTECCION)

BVC:PROTECCION 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
Operating Revenue	962,722	883,748	767,680	1,005,777	990,846	952,004
Other Revenue	289,073	282,715	279,328	-43,568	215,984	199,555
Revenue	1,251,795	1,166,463	1,047,008	962,209	1,206,830	1,151,559
Revenue Growth (YoY)	0.14%	11.41%	8.81%	-20.27%	4.80%	-1.47%
Cost of Revenue	287,268	258,180	267,363	309,402	292,304	277,907
Gross Profit	964,527	908,283	779,645	652,807	914,526	873,652
Selling, General & Admin	346,637	485,881	367,257	347,581	206,689	94,422
Other Operating Expenses	-47,854	-21,360	7,812	-148,777	-1,450	97,542
Operating Expenses	304,741	470,240	381,012	214,384	223,399	211,612
Operating Income	659,786	438,043	398,633	438,423	691,127	662,040
Interest Expense	-436	-547	-3,600	-883	-1,628	-1,587
Currency Exchange Gain (Loss)	2,823	24,193	-12,292	4,048	4,269	-359
Other Non Operating Income (Expenses)	-60,138	-16,216	-86,404	-34,057	-413,168	-239,706
EBT Excluding Unusual Items	602,035	445,473	296,337	407,531	280,600	420,388
Gain (Loss) on Sale of Investments	-29,027	-29,963	-14,210	-10,615	-11,539	-11,929
Gain (Loss) on Sale of Assets	-231	-	-	101	147	47
Legal Settlements	-16,197	-18,828	-10,675	167	-9,722	-3,367
Pretax Income	556,580	396,682	271,452	397,184	259,486	405,139
Income Tax Expense	184,983	82,371	62,189	169,671	-17,016	113,748
Earnings From Continuing Operations	371,597	314,311	209,263	227,513	276,502	291,391
Earnings From Discontinued Operations	271	95,173	78,079	-	-	-
Net Income to Company	371,868	409,484	287,342	227,513	276,502	291,391
Minority Interest in Earnings	-	-	-	-1	-2	-3
Net Income	371,868	409,484	287,342	227,512	276,500	291,388
Net Income to Common	371,868	409,484	287,342	227,512	276,500	291,388
Net Income Growth	-23.85%	42.51%	26.30%	-17.72%	-5.11%	-34.19%
Shares Outstanding (Basic)	29	29	29	26	25	25
Shares Outstanding (Diluted)	29	29	29	26	25	25
Shares Change (YoY)	-	-	10.93%	2.23%	-	-
EPS (Basic)	12906.32	14211.85	9972.70	8758.88	10882.64	11468.61
EPS (Diluted)	12906.32	14211.85	9972.70	8758.88	10882.64	11468.61
EPS Growth	-23.85%	42.51%	13.86%	-19.52%	-5.11%	-34.19%
Free Cash Flow	171,440	308,735	-7,111	-96,886	55,083	76,707
Free Cash Flow Per Share	5950.12	10715.18	-246.80	-3729.97	2167.99	3019.08
Dividend Per Share	6943.000	6943.000	4165.000	-	-	1976.000
Dividend Growth	66.70%	66.70%	-	-	-	-58.17%
Gross Margin	77.05%	77.87%	74.46%	67.84%	75.78%	75.87%
Operating Margin	52.71%	37.55%	38.07%	45.56%	57.27%	57.49%
Profit Margin	29.71%	35.10%	27.44%	23.64%	22.91%	25.30%
Free Cash Flow Margin	13.70%	26.47%	-0.68%	-10.07%	4.56%	6.66%
EBITDA	663,565	441,534	402,256	444,839	697,991	669,039
EBITDA Margin	53.01%	37.85%	38.42%	46.23%	57.84%	58.10%
D&A For EBITDA	3,779	3,491	3,623	6,416	6,864	6,999
EBIT	659,786	438,043	398,633	438,423	691,127	662,040
EBIT Margin	52.71%	37.55%	38.07%	45.56%	57.27%	57.49%
Effective Tax Rate	33.24%	20.77%	22.91%	42.72%	-	28.08%
Revenue as Reported	1,179,590	1,179,590	979,199	1,071,622	1,150,985	-
Advertising Expenses	-	5,556	5,784	13,311	13,013	12,586

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