Telecom Argentina Income Statement

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

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	6,907,816	4,137,596	4,483,972	4,944,819	886,765	487,067
Revenue Growth (YoY)	66.41%	-7.72%	-9.32%	457.63%	82.06%	38.39%
Gross Profit	6,907,816	4,137,596	4,483,972	4,944,819	886,765	487,067
Selling, General & Admin	3,596,001	2,332,912	2,497,770	2,764,908	427,358	241,061
Depreciation & Amortization Expenses	1,746,748	1,311,344	1,534,060	3,358,932	242,847	125,944
Other Operating Expenses	1,187,571	639,807	724,488	821,070	156,891	87,605
Total Operating Expenses	6,530,320	4,284,063	4,756,318	6,944,910	827,096	454,610
Operating Income	312,220	-146,467	-272,346	-2,000,091	59,669	32,457
Interest Income	-2,133	-11,474	-4,111	5,553	1,459	-385
Interest Expense	-	-	-	-	-72,619	-34,229
Other Non-Operating Income (Expense)	-539,894	1,600,347	-1,003,871	420,293	20,744	23,284
Total Non-Operating Income (Expense)	-542,027	1,588,873	-1,007,982	425,846	-50,416	-11,330
Pretax Income	-268,550	1,442,406	-1,280,328	-1,574,245	9,253	21,127
Provision for Income Taxes	5,868	409,154	-736,601	-179,733	24,260	29,116
Net Income	-294,017	1,012,404	-561,242	-1,409,383	-16,803	-9,034
Minority Interest in Earnings	19,599	20,848	17,515	14,871	1,796	1,045
Net Income to Common	-294,017	1,012,404	-561,242	-1,409,383	-16,803	-9,034
Shares Outstanding (Basic)	431	431	431	431	431	431
Shares Outstanding (Diluted)	431	431	431	431	431	431
Shares Change (YoY)	-	-	-	-	-0.11%	0.13%
EPS (Basic)	-664.15	2866.70	-1589.20	-3990.75	-39.00	-20.95
EPS (Diluted)	-664.15	2866.70	-1589.20	-3990.75	-39.00	-20.95
Free Cash Flow	-	463,372	770,359	656,219	140,143	67,321
Free Cash Flow Growth	-	-39.85%	17.39%	368.25%	108.17%	1071.21%
Free Cash Flow Per Share	-	1075.76	1788.46	1523.48	325.36	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	4.52%	-3.54%	-6.07%	-40.45%	6.73%	6.66%
Profit Margin	-0.52%	49.94%	-24.25%	-56.40%	-3.38%	-3.28%
FCF Margin	-	11.20%	17.18%	13.27%	15.80%	13.82%
EBITDA	312,220	1,165,983	1,261,031	-310,280	301,410	153,132
EBITDA Margin	4.52%	28.18%	28.12%	-6.27%	33.99%	31.44%
EBIT	312,220	-146,467	-272,346	-2,000,091	59,669	32,457
EBIT Margin	4.52%	-3.54%	-6.07%	-40.45%	6.73%	6.66%
Effective Tax Rate	-2.19%	28.37%	57.53%	11.42%	262.19%	137.81%

Updated Nov 12, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q