Grupo Aval Acciones y Valores S.A. (AVAL)

AVAL Income Statement

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

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	11,834,004	13,684,154	13,154,674	11,166,102	17,623,060	16,705,174	13,918,318	14,141,154	12,833,771	11,079,233
Revenue Growth (YoY)	-13.52%	4.03%	17.81%	-36.64%	5.49%	20.02%	-1.58%	10.19%	15.84%	-
Gross Profit	11,834,004	13,684,154	13,154,674	11,166,102	17,623,060	16,705,174	13,918,318	14,141,154	12,833,771	11,079,233
Selling, General & Admin	8,346,454	7,409,783	6,790,056	6,324,231	10,171,349	9,371,033	9,003,091	8,567,309	7,609,115	6,273,454
Operating Expenses	8,346,454	7,409,783	6,790,056	6,324,231	10,171,349	9,371,033	9,003,091	8,567,309	7,609,115	6,273,454
Operating Income	3,487,550	6,274,371	6,364,618	4,841,871	7,451,711	7,334,141	4,915,227	5,573,845	5,224,656	4,805,779
Other Expense / Income	1,438,113	1,520,082	743,454	1,132,283	2,331,045	2,271,857	1,200,019	1,377,070	1,304,322	1,182,465
Pretax Income	2,049,437	4,754,289	5,621,164	3,709,588	5,120,666	5,062,284	3,715,208	4,196,775	3,920,334	3,623,314
Income Tax	1,310,434	2,271,404	2,323,428	1,360,067	2,086,257	2,149,590	1,752,794	2,056,909	1,878,970	1,808,298
Net Income	739,003	2,482,885	3,297,736	2,349,521	3,034,409	2,912,694	1,962,414	2,139,866	2,041,364	1,815,016
Net Income Growth	-70.24%	-24.71%	40.36%	-22.57%	4.18%	48.42%	-8.29%	4.83%	12.47%	-
Shares Outstanding (Basic)	23,743	22,281	22,281	22,278	22,281	22,281	22,281	22,279	22,281	20,897
Shares Outstanding (Diluted)	-	-	-	-	-	-	-	-	22,281	20,897
Shares Change	6.56%	0.00%	0.01%	-0.01%	-	-	0.01%	-0.01%	6.62%	-
EPS (Basic)	622.40	2145.80	2960.20	2109.00	2723.80	2614.60	1761.52	1920.80	1832.38	1737.08
EPS (Diluted)	622.40	2145.80	2960.20	2109.00	2723.80	2614.60	1761.52	1920.80	1832.38	1737.08
EPS Growth	-70.99%	-27.51%	40.36%	-22.57%	4.18%	48.43%	-8.29%	4.83%	5.49%	-
Free Cash Flow	6,469,180	-130,283	4,416,668	9,560,273	5,109,616	7,887,561	4,383,580	1,732,828	9,434,205	5,403,317
Free Cash Flow Per Share	5449.23	-116.94	3964.59	8582.55	4586.52	7080.07	3934.81	1555.60	8468.38	5171.29
Dividend Per Share	0.170	0.319	0.294	0.312	0.349	0.338	0.401	0.383	0.426	0.175
Dividend Growth	-46.71%	8.50%	-5.77%	-10.60%	3.25%	-15.71%	4.70%	-10.09%	143.43%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	29.47%	45.85%	48.38%	43.36%	42.28%	43.90%	35.31%	39.42%	40.71%	43.38%
Profit Margin	6.24%	18.14%	25.07%	21.04%	17.22%	17.44%	14.10%	15.13%	15.91%	16.38%
Free Cash Flow Margin	54.67%	-0.95%	33.57%	85.62%	28.99%	47.22%	31.50%	12.25%	73.51%	48.77%
Effective Tax Rate	63.94%	47.78%	41.33%	36.66%	40.74%	42.46%	47.18%	49.01%	47.93%	49.91%
EBITDA	3,200,608	5,844,789	7,067,516	5,111,170	6,419,347	6,019,458	4,616,922	4,976,303	4,696,351	4,251,983
EBITDA Margin	27.05%	42.71%	53.73%	45.77%	36.43%	36.03%	33.17%	35.19%	36.59%	38.38%
Depreciation & Amortization	1,151,171	1,090,500	1,446,352	1,401,582	1,298,681	957,174	901,714	779,528	776,017	628,669
EBIT	2,049,437	4,754,289	5,621,164	3,709,588	5,120,666	5,062,284	3,715,208	4,196,775	3,920,334	3,623,314
EBIT Margin	17.32%	34.74%	42.73%	33.22%	29.06%	30.30%	26.69%	29.68%	30.55%	32.70%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).