Grupo México, S.A.B. de C.V. (GMBXF)

Accolade Income Statement

Financials in millions USD. 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	16,405	16,169	14,367	13,870	14,777	10,909
Revenue Growth (YoY)	7.60%	12.55%	3.58%	-6.13%	35.45%	2.14%
Cost of Revenue	7,434	7,508	6,915	6,494	5,560	5,279
Gross Profit	8,972	8,662	7,452	7,377	9,217	5,630
Selling, General & Admin	349.04	344.56	332.74	289.61	273.96	264.8
Other Operating Expenses	36.15	-	-	-	-	-0.02
Operating Expenses	1,813	1,772	1,575	1,415	1,385	1,329
Operating Income	7,159	6,890	5,877	5,962	7,832	4,301
Interest Expense	-563.41	-575.54	-562.14	-535.77	-549.76	-549.81
Interest & Investment Income	415.05	415.05	334.62	120.85	31.94	27.63
Earnings From Equity Investments	25.52	18.39	17.86	-6.71	16.49	2.87
Currency Exchange Gain (Loss)	-50.9	-50.9	33.44	5.93	9.36	-20.47
Other Non Operating Income (Expenses)	36.4	-13.01	47.34	-38.34	4.36	53.76
EBT Excluding Unusual Items	7,021	6,684	5,748	5,508	7,344	3,815
Impairment of Goodwill	-18.4	-18.4	-13.3	-4.5	-4.4	-
Gain (Loss) on Sale of Investments	-	-	-	15.91	-304.23	318.29
Gain (Loss) on Sale of Assets	-29.2	-29.2	-81.78	-31.16	-21.38	-28.86
Pretax Income	6,975	6,638	5,653	5,567	7,014	4,104
Income Tax Expense	2,446	2,406	1,673	1,825	2,482	1,476
Earnings From Continuing Operations	4,529	4,231	3,980	3,742	4,533	2,627
Minority Interest in Earnings	-641.88	-616.15	-605.21	-595.09	-579	-347.08
Net Income	3,888	3,615	3,375	3,147	3,954	2,280
Net Income to Common	3,888	3,615	3,375	3,147	3,954	2,280
Net Income Growth	11.63%	7.13%	7.23%	-20.40%	73.38%	2.97%
Shares Outstanding (Basic)	7,713	7,785	7,785	7,785	7,785	7,785
Shares Outstanding (Diluted)	7,713	7,785	7,785	7,785	7,785	7,785
EPS (Basic)	0.50	0.46	0.43	0.40	0.51	0.29
EPS (Diluted)	0.50	0.46	0.43	0.40	0.51	0.29
EPS Growth	13.51%	7.13%	7.23%	-20.40%	73.38%	2.97%
Free Cash Flow	3,725	4,236	4,154	3,155	5,012	3,250
Free Cash Flow Per Share	0.48	0.54	0.53	0.41	0.64	0.42
Dividend Per Share	0.221	0.221	0.213	0.218	0.329	0.173
Dividend Growth	104.46%	3.67%	-2.27%	-33.83%	89.91%	2.19%
Gross Margin	54.69%	53.57%	51.87%	53.18%	62.37%	51.61%
Operating Margin	43.64%	42.61%	40.90%	42.98%	53.00%	39.42%
Profit Margin	23.70%	22.36%	23.49%	22.69%	26.76%	20.90%
Free Cash Flow Margin	22.70%	26.20%	28.92%	22.75%	33.92%	29.80%
EBITDA	8,326	8,067	6,942	6,925	8,780	5,193
EBITDA Margin	50.75%	49.89%	48.32%	49.93%	59.42%	47.60%
D&A For EBITDA	1,167	1,177	1,065	963.39	948.51	892.72
EBIT	7,159	6,890	5,877	5,962	7,832	4,301
EBIT Margin	43.64%	42.61%	40.90%	42.98%	53.00%	39.42%
Effective Tax Rate	35.07%	36.25%	29.60%	32.78%	35.38%	35.98%
Revenue as Reported	16,169	16,169	14,367	13,870	14,777	10,909

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.