Organización Terpel Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	38,048,694	38,147,135	36,569,101	33,415,590	35,455,549	23,142,511
Revenue Growth (YoY)	2.25%	4.32%	9.44%	-5.75%	53.21%	41.20%
Cost of Revenue	34,368,412	34,570,817	33,086,054	30,423,408	32,671,246	20,869,145
Gross Profit	3,680,282	3,576,318	3,483,046	2,992,182	2,784,302	2,273,365
Selling, General & Admin	2,083,427	2,080,367	1,963,695	1,811,716	1,725,852	1,428,660
Other Operating Expenses	233,661	233,238	196,972	177,679	155,419	73,138
Operating Expenses	2,317,088	2,313,605	2,160,667	1,989,395	1,881,271	1,501,798
Operating Income	1,363,194	1,262,713	1,322,379	1,002,787	903,031	771,567
Interest Expense	-326,284	-333,713	-414,133	-548,732	-370,339	-196,465
Interest & Investment Income	28,484	29,313	37,142	23,116	10,205	14,513
Earnings From Equity Investments	3,790	3,531	2,990	3,182	2,657	2,861
Currency Exchange Gain (Loss)	20,768	20,768	25,218	6,160	18,506	7,377
Other Non Operating Income (Expenses)	-37,654	-12,818	-13,893	-16,512	-20,904	-12,649
EBT Excluding Unusual Items	1,052,298	969,794	959,703	470,000	543,157	587,203
Impairment of Goodwill	-	-	-	-9,096	-	-
Gain (Loss) on Sale of Investments	-	-	-90,133	-	-	-
Gain (Loss) on Sale of Assets	19,859	23,435	1,679	1,471	3,346	-2,898
Other Unusual Items	6,500	6,500	-	-	-	2,705
Pretax Income	1,079,829	999,729	871,249	462,375	546,503	587,011
Income Tax Expense	406,406	371,206	340,463	179,828	213,091	211,277
Earnings From Continuing Operations	673,423	628,523	530,785	282,547	333,412	375,734
Earnings From Discontinued Operations	-	-	-	2,738	-	-
Net Income to Company	673,423	628,523	530,785	285,286	333,412	375,734
Minority Interest in Earnings	-34.34	-37.03	-29.19	-12.03	-0.85	-12.17
Net Income	673,388	628,486	530,756	285,274	333,412	375,722
Net Income to Common	673,388	628,486	530,756	285,274	333,412	375,722
Net Income Growth	22.18%	18.41%	86.05%	-14.44%	-11.26%	-
Shares Outstanding (Basic)	181	181	181	181	181	181
Shares Outstanding (Diluted)	181	181	181	181	181	181
EPS (Basic)	3711.67	3464.17	2925.49	1572.41	1837.74	2070.95
EPS (Diluted)	3711.67	3464.17	2925.49	1572.41	1837.74	2070.95
EPS Growth	22.18%	18.41%	86.05%	-14.44%	-11.26%	-
Free Cash Flow	979,207	904,836	1,171,034	1,156,351	-255,037	317,136
Free Cash Flow Per Share	5397.33	4987.40	6454.66	6373.73	-1405.75	1748.03
Dividend Per Share	1732.080	1732.080	1462.750	786.200	918.870	1140.670
Dividend Growth	18.41%	18.41%	86.05%	-14.44%	-19.45%	-
Gross Margin	9.67%	9.38%	9.53%	8.95%	7.85%	9.82%
Operating Margin	3.58%	3.31%	3.62%	3.00%	2.55%	3.33%
Profit Margin	1.77%	1.65%	1.45%	0.85%	0.94%	1.62%
Free Cash Flow Margin	2.57%	2.37%	3.20%	3.46%	-0.72%	1.37%
EBITDA	1,563,312	1,501,699	1,577,374	1,253,409	1,148,637	1,003,110
EBITDA Margin	4.11%	3.94%	4.31%	3.75%	3.24%	4.33%
D&A For EBITDA	200,118	238,986	254,995	250,622	245,606	231,543
EBIT	1,363,194	1,262,713	1,322,379	1,002,787	903,031	771,567
EBIT Margin	3.58%	3.31%	3.62%	3.00%	2.55%	3.33%
Effective Tax Rate	37.64%	37.13%	39.08%	38.89%	38.99%	35.99%
Advertising Expenses	-	145,449	128,686	104,100	108,256	83,411