Trinidad Cement Income Statement

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

Millions TTD. 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	2,375	2,215	2,230	2,061	1,897
Revenue Growth (YoY)	7.26%	-0.66%	8.17%	8.69%	12.08%
Cost of Revenue	1,606	1,478	1,513	1,380	1,326
Gross Profit	769.74	737.13	717.01	681.34	570.09
Selling, General & Admin	318.31	315.76	344.39	299.72	268.79
Other Operating Expenses	61.91	3.05	21.31	24.51	-25.92
Operating Expenses	380.23	318.81	365.69	324.23	242.88
Operating Income	389.51	418.32	351.32	357.11	327.21
Interest Expense	-32.45	-29.31	-32.68	-27.92	-49.05
Interest & Investment Income	17.89	17.85	6.79	5.4	0.03
Currency Exchange Gain (Loss)	-9.96	-12.59	-9.4	-10.32	-30.45
Other Non Operating Income (Expenses)	-0.56	-0.58	-0.97	-1.26	-
EBT Excluding Unusual Items	364.43	393.7	315.06	323.01	247.75
Merger & Restructuring Charges	-64.24	-60.76	-46.54	-96.18	-27.66
Gain (Loss) on Sale of Assets	-0.75	-0.5	-1.89	-	1.79
Asset Writedown	-81.24	-63.9	-19.41	-57.02	21.8
Pretax Income	218.2	268.54	247.22	169.82	243.68
Income Tax Expense	126.19	52.12	77.03	112.01	53.26
Earnings From Continuing Operations	92.01	216.42	170.19	57.81	190.42
Net Income to Company	92.01	216.42	170.19	57.81	190.42
Minority Interest in Earnings	-64.74	-66.5	-63.1	-71.97	-49.65
Net Income	27.27	149.91	107.1	-14.16	140.77
Net Income to Common	27.27	149.91	107.1	-14.16	140.77
Net Income Growth	-81.81%	39.98%	-	-	-
Shares Outstanding (Basic)	372	372	372	372	372
Shares Outstanding (Diluted)	372	372	372	372	372
EPS (Basic)	0.07	0.40	0.29	-0.04	0.38
EPS (Diluted)	0.07	0.40	0.29	-0.04	0.38
EPS Growth	-81.81%	39.98%	-	-	-
Free Cash Flow	217.37	307.99	220.7	42.23	158.2
Free Cash Flow Per Share	0.58	0.83	0.59	0.11	0.43
Dividend Per Share	-	0.120	0.080	-	-
Dividend Growth	-	50.00%	-	-	-
Gross Margin	32.40%	33.28%	32.16%	33.05%	30.06%
Operating Margin	16.40%	18.89%	15.76%	17.32%	17.25%
Profit Margin	1.15%	6.77%	4.80%	-0.69%	7.42%
Free Cash Flow Margin	9.15%	13.91%	9.90%	2.05%	8.34%
EBITDA	520.41	550.33	477.95	488.71	447.28
EBITDA Margin	21.91%	24.85%	21.44%	23.71%	23.58%
D&A For EBITDA	130.9	132.01	126.63	131.6	120.07
EBIT	389.51	418.32	351.32	357.11	327.21
EBIT Margin	16.40%	18.89%	15.76%	17.32%	17.25%
Effective Tax Rate	57.83%	19.41%	31.16%	65.96%	21.86%

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