Consorcio ARA, S. A. B. de C. V. (CNRFF)

Instructure Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,560	7,118	6,749	6,956	6,377	5,460
Revenue Growth (YoY)	12.19%	5.47%	-2.97%	9.08%	16.80%	-28.90%
Cost of Revenue	5,556	5,237	4,961	5,147	4,712	4,057
Gross Profit	2,005	1,881	1,788	1,808	1,665	1,403
Selling, General & Admin	1,241	1,106	1,050	1,111	949.56	949.08
Other Operating Expenses	13.34	32.73	8.25	1.01	24.88	5.19
Operating Expenses	1,255	1,139	1,059	1,112	974.45	954.26
Operating Income	750.01	742.73	729.37	696.59	690.58	448.57
Interest Expense	-89.28	-87.29	-101.61	-71.78	-63.06	-58.06
Interest & Investment Income	220.67	213.69	293.46	216.55	128.91	155.73
Earnings From Equity Investments	108.41	93.74	68.63	108.13	89.06	20.32
Currency Exchange Gain (Loss)	1.36	12.21	-9.42	-2.45	0.86	2.3
Other Non Operating Income (Expenses)	-1.38	-1.77	-4.47	8.73	25.39	-15.14
Pretax Income	989.8	973.31	975.96	955.77	871.73	553.71
Income Tax Expense	280.91	286.04	312.44	309.78	287.38	170.71
Earnings From Continuing Operations	708.89	687.27	663.52	645.99	584.35	383.01
Minority Interest in Earnings	-1.42	-1.53	-1.57	-1.52	-1.43	-1.04
Net Income	707.47	685.74	661.95	644.47	582.91	381.97
Net Income to Common	707.47	685.74	661.95	644.47	582.91	381.97
Net Income Growth	8.67%	3.59%	2.71%	10.56%	52.61%	-45.77%
Shares Outstanding (Basic)	1,215	1,222	1,228	1,236	1,261	1,275
Shares Outstanding (Diluted)	1,215	1,222	1,228	1,236	1,261	1,275
Shares Change (YoY)	-2.50%	-0.56%	-0.63%	-1.98%	-1.08%	-1.22%
EPS (Basic)	0.58	0.56	0.54	0.52	0.46	0.30
EPS (Diluted)	0.58	0.56	0.54	0.52	0.46	0.30
EPS Growth	11.46%	4.17%	3.37%	12.79%	54.27%	-45.10%
Free Cash Flow	155.2	265.95	-286.88	182.93	937.13	899.21
Free Cash Flow Per Share	0.13	0.22	-0.23	0.15	0.74	0.70
Dividend Per Share	0.164	0.164	-	0.163	0.230	0.159
Dividend Growth	-	-	-	-28.96%	45.03%	-
Gross Margin	26.52%	26.43%	26.49%	26.00%	26.11%	25.70%
Operating Margin	9.92%	10.43%	10.81%	10.02%	10.83%	8.22%
Profit Margin	9.36%	9.63%	9.81%	9.26%	9.14%	7.00%
Free Cash Flow Margin	2.05%	3.74%	-4.25%	2.63%	14.70%	16.47%
EBITDA	822.46	791.36	776.41	745.27	736.32	504.54
EBITDA Margin	10.88%	11.12%	11.50%	10.71%	11.55%	9.24%
D&A For EBITDA	72.45	48.63	47.05	48.68	45.74	55.97
EBIT	750.01	742.73	729.37	696.59	690.58	448.57
EBIT Margin	9.92%	10.43%	10.81%	10.02%	10.83%	8.22%
Effective Tax Rate	28.38%	29.39%	32.01%	32.41%	32.97%	30.83%
Advertising Expenses	-	177.21	170.88	173.82	139.99	169.33

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.