Orbia Advance Corporation, S.A.B. de C.V. (MXCHF)

MXCHF Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	7,498	8,204	9,648	8,783	6,420	6,987
Revenue Growth (YoY)	-12.12%	-14.97%	9.85%	36.81%	-8.12%	-2.93%
Cost of Revenue	5,767	6,046	7,108	6,183	4,675	5,141
Gross Profit	1,731	2,158	2,540	2,600	1,745	1,847
Selling, General & Admin	1,227	1,289	1,214	1,145	991	980.89
Other Operating Expenses	18	-11	-9	-10	21	-3.7
Operating Expenses	1,245	1,278	1,205	1,135	1,012	977.19
Operating Income	486	880	1,335	1,465	733	869.43
Interest Expense	-394	-389	-285	-248	-239	-272.07
Interest & Investment Income	85	93	30	16	10	14.2
Earnings From Equity Investments	4	2	3	1	1	4.14
Currency Exchange Gain (Loss)	58	-65	-13	-32	-2	-18.4
Other Non Operating Income (Expenses)	-58	-11	-11	-4	-1	-18.34
EBT Excluding Unusual Items	181	510	1,059	1,198	502	578.96
Merger & Restructuring Charges	-3	-3	-1	-	-	-11.02
Impairment of Goodwill	-	-	-136	-	-	-
Gain (Loss) on Sale of Investments	6	6	119	-28	-10	-
Gain (Loss) on Sale of Assets	-5	-5	2	-4	-9	-1.74
Asset Writedown	-8	-8	-	-	-	-
Legal Settlements	-4	-4	-3	-3	-6	-30.17
Other Unusual Items	-12	-12	-5	-9	-	-3.48
Pretax Income	156	485	1,035	1,154	479	532.55
Income Tax Expense	-72	329	369	381	151	205.54
Earnings From Continuing Operations	228	156	666	773	328	327.01
Earnings From Discontinued Operations	-	-	-1	-1	-9	-0.11
Net Income to Company	228	156	665	772	319	326.9
Minority Interest in Earnings	-91	-91	-98	-115	-124	-120.17
Net Income	137	65	567	657	195	206.73
Net Income to Common	137	65	567	657	195	206.73
Net Income Growth	37.00%	-88.54%	-13.70%	236.92%	-5.67%	-41.75%
Shares Outstanding (Basic)	1,877	1,912	1,919	1,993	2,025	2,067
Shares Outstanding (Diluted)	1,877	1,912	1,919	1,993	2,025	2,067
Shares Change (YoY)	-1.69%	-0.38%	-3.70%	-1.59%	-2.06%	-0.97%
EPS (Basic)	0.07	0.03	0.30	0.33	0.10	0.10
EPS (Diluted)	0.07	0.03	0.30	0.33	0.10	0.10
EPS Growth	39.35%	-88.49%	-10.38%	242.36%	-3.69%	-41.18%
Free Cash Flow	525	808	817	950	889	821.9
Free Cash Flow Per Share	0.28	0.42	0.43	0.48	0.44	0.40
Dividend Per Share	0.094	0.094	-	-	0.100	-
Dividend Growth	50.07%	-	-	-	-	-
Gross Margin	23.09%	26.30%	26.33%	29.60%	27.18%	26.43%
Operating Margin	6.48%	10.73%	13.84%	16.68%	11.42%	12.44%
Profit Margin	1.83%	0.79%	5.88%	7.48%	3.04%	2.96%
Free Cash Flow Margin	7.00%	9.85%	8.47%	10.82%	13.85%	11.76%
EBITDA	1,012	1,371	1,815	1,968	1,235	1,341
EBITDA Margin	13.50%	16.71%	18.81%	22.41%	19.24%	19.19%
D&A For EBITDA	526	491	480	503	502	471.1
EBIT	486	880	1,335	1,465	733	869.43
EBIT Margin	6.48%	10.73%	13.84%	16.68%	11.42%	12.44%
Effective Tax Rate	-	67.83%	35.65%	33.02%	31.52%	38.60%

Source: S&P Capital IQ. Standard template. Financial Sources.