Organización Terpel S.A. (BVC: TERPEL)

Organización Terpel Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	36,244,232	36,225,805	35,455,549	23,142,511	16,389,627	22,450,899
Revenue Growth (YoY)	4.72%	2.17%	53.21%	41.20%	-27.00%	17.76%
Cost of Revenue	32,904,948	33,150,124	32,671,246	20,869,145	14,900,282	20,490,350
Gross Profit	3,339,284	3,075,681	2,784,302	2,273,365	1,489,345	1,960,548
Selling, General & Admin	1,884,523	1,883,656	1,725,852	1,428,660	1,267,251	1,308,802
Other Operating Expenses	172,582	184,293	155,419	73,138	89,018	95,435
Operating Expenses	2,057,105	2,067,949	1,881,271	1,501,798	1,356,269	1,404,237
Operating Income	1,282,179	1,007,732	903,031	771,567	133,076	556,311
Interest Expense	-453,492	-547,855	-370,339	-196,465	-211,349	-222,307
Interest & Investment Income	33,458	23,769	10,205	14,513	13,165	11,648
Earnings From Equity Investments	3,863	3,182	2,657	2,861	2,371	2,969
Currency Exchange Gain (Loss)	6,149	6,149	18,506	7,377	-285.9	-7,691
Other Non Operating Income (Expenses)	-27,600	-20,158	-20,904	-12,649	-8,603	-2,211
EBT Excluding Unusual Items	844,557	472,819	543,157	587,203	-71,625	338,720
Impairment of Goodwill	-9,095	-9,095	-	-	-	-
Gain (Loss) on Sale of Assets	1,967	1,004	3,346	-2,898	26,616	23,448
Other Unusual Items	-	-	-	2,705	4,878	-
Pretax Income	837,428	464,727	546,503	587,011	-40,131	362,168
Income Tax Expense	309,976	179,442	213,091	211,277	-393.83	124,250
Earnings From Continuing Operations	527,453	285,286	333,412	375,734	-39,737	237,918
Minority Interest in Earnings	-29.12	-12.03	-0.85	-12.17	-1.04	1.74
Net Income	492,594	285,274	333,412	375,722	-39,738	237,920
Net Income to Common	492,594	285,274	333,412	375,722	-39,738	237,920
Net Income Growth	93.18%	-14.44%	-11.26%	-	-	77.90%
Shares Outstanding (Basic)	181	181	181	181	181	181
Shares Outstanding (Diluted)	181	181	181	181	181	181
EPS (Basic)	2715.15	1572.41	1837.74	2070.95	-219.03	1311.40
EPS (Diluted)	2715.15	1572.41	1837.74	2070.95	-219.03	1311.40
EPS Growth	93.18%	-14.44%	-11.26%	-	-	77.90%
Free Cash Flow	1,456,928	1,156,351	-255,037	317,136	582,351	413,042
Free Cash Flow Per Share	8030.49	6373.73	-1405.75	1748.03	3209.88	2276.66
Dividend Per Share	786.200	786.200	918.870	1140.670	-	655.700
Dividend Growth	-14.44%	-14.44%	-19.44%	-	-	77.90%
Gross Margin	9.21%	8.49%	7.85%	9.82%	9.09%	8.73%
Operating Margin	3.54%	2.78%	2.55%	3.33%	0.81%	2.48%
Profit Margin	1.36%	0.79%	0.94%	1.62%	-0.24%	1.06%
Free Cash Flow Margin	4.02%	3.19%	-0.72%	1.37%	3.55%	1.84%
EBITDA	1,457,741	1,258,354	1,148,637	1,003,110	435,483	845,304
EBITDA Margin	4.02%	3.47%	3.24%	4.33%	2.66%	3.77%
D&A For EBITDA	175,562	250,622	245,606	231,543	302,407	288,993
EBIT	1,282,179	1,007,732	903,031	771,567	133,076	556,311
EBIT Margin	3.54%	2.78%	2.55%	3.33%	0.81%	2.48%
Effective Tax Rate	37.02%	38.61%	38.99%	35.99%	-	34.31%
Advertising Expenses	-	110,353	108,256	83,411	56,479	91,382

Source: S&P Capital IQ. Standard template. Financial Sources.