CBSE:GTM Income Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
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
Revenue	14,049	11,099	8,506	8,787	5,222
Revenue Growth (YoY)	59.88%	30.48%	-3.20%	68.28%	-
Cost of Revenue	9,601	7,696	5,780	6,062	3,553
Gross Profit	4,448	3,403	2,726	2,725	1,669
Selling, General & Admin	1,942	1,446	1,160	1,214	995.88
Other Operating Expenses	579.58	545.36	431.71	274.79	226.47
Operating Expenses	2,522	1,992	1,592	1,489	1,222
Operating Income	1,926	1,411	1,134	1,236	446.49
Interest Expense	-112.4	-101.65	-119.12	-89.35	-79.46
Interest & Investment Income	74.19	59.17	26.36	16.8	92.91
Currency Exchange Gain (Loss)	-19.08	-27.81	-36.23	22.98	-16.93
Other Non Operating Income (Expenses)	12.03	-5.05	13.75	-13.64	-0.54
EBT Excluding Unusual Items	1,881	1,336	1,019	1,173	442.46
Other Unusual Items	-130.04	-303.33	-21.83	40.6	3.08
Pretax Income	1,751	1,033	997.24	1,214	445.54
Income Tax Expense	564.36	442.84	326	406.93	116.22
Earnings From Continuing Operations	1,186	589.66	671.24	806.75	329.32
Minority Interest in Earnings	0.04	0.1	-26.02	-39.19	-0.6
Net Income	1,186	589.76	645.23	767.55	328.72
Net Income to Common	1,186	589.76	645.23	767.55	328.72
Net Income Growth	54.54%	-8.60%	-15.94%	133.49%	-
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	1.74%	-0.24%	0.09%	0.33%	-
EPS (Basic)	388.85	197.00	215.00	256.00	110.00
EPS (Diluted)	388.85	197.00	215.00	256.00	110.00
EPS Growth	51.90%	-8.37%	-16.02%	132.73%	-
Free Cash Flow	-	871.91	801.23	-298	504.27
Free Cash Flow Per Share	-	291.25	266.98	-99.39	168.74
Gross Margin	31.66%	30.66%	32.05%	31.02%	31.96%
Operating Margin	13.71%	12.72%	13.34%	14.07%	8.55%
Profit Margin	8.44%	5.31%	7.59%	8.73%	6.30%
Free Cash Flow Margin	-	7.86%	9.42%	-3.39%	9.66%
EBITDA	2,430	1,845	1,488	1,507	670.3
EBITDA Margin	17.30%	16.63%	17.49%	17.15%	12.84%
D&A For EBITDA	504.04	434.09	353.44	270.78	223.81
EBIT	1,926	1,411	1,134	1,236	446.49
EBIT Margin	13.71%	12.71%	13.34%	14.07%	8.55%
Effective Tax Rate	32.24%	42.89%	32.69%	33.53%	26.09%
Revenue as Reported	14,069	11,112	8,507	8,780	5,215

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