Grupo Empresas Navieras Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,101	969.47	902.4	962.2	757.24
Revenue Growth (YoY)	13.59%	7.43%	-6.21%	27.07%	29.39%
Cost of Revenue	899.7	774.07	736.39	785.41	602.38
Gross Profit	201.5	195.4	166	176.79	154.86
Selling, General & Admin	92.27	97.08	80.2	68.4	59.22
Other Operating Expenses	-0.19	4.15	2.76	-1.36	-2.15
Operating Expenses	92.07	101.73	83.32	67.04	57.07
Operating Income	109.43	93.67	82.68	109.75	97.79
Interest Expense	-49.28	-43.66	-41.43	-29.25	-26.43
Interest & Investment Income	-	4.44	4.74	2.49	1.92
Earnings From Equity Investments	24.5	13.34	10.06	11.74	8.11
Currency Exchange Gain (Loss)	-1.04	3.5	-0.96	0.27	18.81
Other Non Operating Income (Expenses)	0.69	-1.23	-2.65	-15.21	-3.52
EBT Excluding Unusual Items	84.3	70.05	52.44	79.8	96.67
Impairment of Goodwill	-	-	0.05	-	-
Gain (Loss) on Sale of Assets	-	0.86	0.69	0.13	-1.01
Other Unusual Items	-	-0.23	-	-	-2.3
Pretax Income	84.3	70.68	53.18	79.93	93.36
Income Tax Expense	15.26	16.9	10.43	12.89	17.19
Earnings From Continuing Operations	69.04	53.78	42.75	67.04	76.17
Net Income to Company	69.04	53.78	42.75	67.04	76.17
Minority Interest in Earnings	-19.72	-15.36	-13.25	-12.08	-10.68
Net Income	49.33	38.42	29.51	54.96	65.5
Net Income to Common	49.33	38.42	29.51	54.96	65.5
Net Income Growth	28.40%	30.20%	-46.31%	-16.08%	957.39%
Shares Outstanding (Basic)	6,948	6,910	6,910	6,910	6,910
Shares Outstanding (Diluted)	6,948	6,910	6,910	6,910	6,910
Shares Change (YoY)	0.55%	-	-	-	-
EPS (Basic)	0.01	0.01	0.00	0.01	0.01
EPS (Diluted)	0.01	0.01	0.00	0.01	0.01
EPS Growth	27.72%	30.19%	-46.32%	-16.08%	957.81%
Free Cash Flow	104.47	6.67	70.41	55.22	102.11
Free Cash Flow Per Share	0.01	0.00	0.01	0.01	0.01
Dividend Per Share	-	0.003	0.002	0.004	0.003
Dividend Growth	-	28.05%	-50.00%	52.67%	63.73%
Gross Margin	18.30%	20.16%	18.40%	18.37%	20.45%
Operating Margin	9.94%	9.66%	9.16%	11.41%	12.91%
Profit Margin	4.48%	3.96%	3.27%	5.71%	8.65%
Free Cash Flow Margin	9.49%	0.69%	7.80%	5.74%	13.48%
EBITDA	182.32	158.37	141.67	163.42	149.13
EBITDA Margin	16.56%	16.34%	15.70%	16.98%	19.69%
D&A For EBITDA	72.9	64.71	58.99	53.67	51.35
EBIT	109.43	93.67	82.68	109.75	97.79
EBIT Margin	9.94%	9.66%	9.16%	11.41%	12.91%
Effective Tax Rate	18.10%	23.92%	19.61%	16.13%	18.41%

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