Organización Terpel Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	36,206,671	33,935,705	33,415,590	35,455,549	23,142,511	16,389,627	Upgrade
Revenue Growth (YoY)	7.69%	1.56%	-5.75%	53.21%	41.20%	-27.00%	Upgrade
Cost of Revenue	32,670,132	30,543,338	30,423,408	32,671,246	20,869,145	14,900,282	Upgrade
Gross Profit	3,536,539	3,392,367	2,992,182	2,784,302	2,273,365	1,489,345	Upgrade
Selling, General & Admin	2,105,326	1,896,083	1,811,716	1,725,852	1,428,660	1,267,251	Upgrade
Other Operating Expenses	122,153	142,556	177,679	155,419	73,138	89,018	Upgrade
Operating Expenses	2,227,479	2,038,638	1,989,395	1,881,271	1,501,798	1,356,269	Upgrade
Operating Income	1,309,060	1,353,729	1,002,787	903,031	771,567	133,076	Upgrade
Interest Expense	-366,492	-403,112	-548,732	-370,339	-196,465	-211,349	Upgrade
Interest & Investment Income	21,985	37,003	23,116	10,205	14,513	13,165	Upgrade
Earnings From Equity Investments	3,731	2,990	3,182	2,657	2,861	2,371	Upgrade
Currency Exchange Gain (Loss)	-13,398	-13,398	6,160	18,506	7,377	-285.9	Upgrade
Other Non Operating Income (Expenses)	27,975	-16,720	-16,512	-20,904	-12,649	-8,603	Upgrade
EBT Excluding Unusual Items	982,862	960,492	470,000	543,157	587,203	-71,625	Upgrade
Impairment of Goodwill	-6,902	-6,902	-9,096	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	1,164	1,676	1,471	3,346	-2,898	26,616	Upgrade
Other Unusual Items	-	-	-	-	2,705	4,878	Upgrade
Pretax Income	977,124	955,266	462,375	546,503	587,011	-40,131	Upgrade
Income Tax Expense	336,877	339,578	179,828	213,091	211,277	-393.83	Upgrade
Earnings From Continuing Operations	640,247	615,688	282,547	333,412	375,734	-39,737	Upgrade
Earnings From Discontinued Operations	-50,686	-84,903	2,738	-	-	-	Upgrade
Net Income to Company	589,561	530,785	285,286	333,412	375,734	-39,737	Upgrade
Minority Interest in Earnings	-35.45	-29.19	-12.03	-0.85	-12.17	-1.04	Upgrade
Net Income	589,526	530,756	285,274	333,412	375,722	-39,738	Upgrade
Net Income to Common	589,526	530,756	285,274	333,412	375,722	-39,738	Upgrade
Net Income Growth	16.43%	86.05%	-14.44%	-11.26%	-	-	Upgrade
Shares Outstanding (Basic)	181	181	181	181	181	181	Upgrade
Shares Outstanding (Diluted)	181	181	181	181	181	181	Upgrade
EPS (Basic)	3249.53	2925.49	1572.41	1837.74	2070.95	-219.03	Upgrade
EPS (Diluted)	3249.53	2925.49	1572.41	1837.74	2070.95	-219.03	Upgrade
EPS Growth	16.43%	86.05%	-14.44%	-11.26%	-	-	Upgrade
Free Cash Flow	1,104,619	1,171,034	1,156,351	-255,037	317,136	582,351	Upgrade
Free Cash Flow Per Share	6088.79	6454.66	6373.73	-1405.75	1748.03	3209.88	Upgrade
Dividend Per Share	1462.750	1462.750	786.200	918.870	1140.670	-	Upgrade
Dividend Growth	86.05%	86.05%	-14.44%	-19.45%	-	-	Upgrade
Gross Margin	9.77%	10.00%	8.95%	7.85%	9.82%	9.09%	Upgrade
Operating Margin	3.62%	3.99%	3.00%	2.55%	3.33%	0.81%	Upgrade
Profit Margin	1.63%	1.56%	0.85%	0.94%	1.62%	-0.24%	Upgrade
Free Cash Flow Margin	3.05%	3.45%	3.46%	-0.72%	1.37%	3.55%	Upgrade
EBITDA	1,295,358	1,608,723	1,253,409	1,148,637	1,003,110	435,483	Upgrade
EBITDA Margin	3.58%	4.74%	3.75%	3.24%	4.33%	2.66%	Upgrade
D&A For EBITDA	-13,702	254,995	250,622	245,606	231,543	302,407	Upgrade
EBIT	1,309,060	1,353,729	1,002,787	903,031	771,567	133,076	Upgrade
EBIT Margin	3.62%	3.99%	3.00%	2.55%	3.33%	0.81%	Upgrade
Effective Tax Rate	34.48%	35.55%	38.89%	38.99%	35.99%	-	Upgrade
Advertising Expenses	-	126,930	104,100	108,256	83,411	56,479	Upgrade

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