Telecom Argentina Income Statement

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

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	8,328,810	5,442,960	5,898,610	6,031,000
Revenue Growth (YoY)	53.02%	-7.72%	-2.20%	-
Cost of Revenue	2,047,560	1,453,680	1,566,280	1,581,330
Gross Profit	6,281,260	3,989,280	4,332,340	4,449,660
Selling, General & Admin	2,398,300	1,652,230	1,819,240	1,876,090
Depreciation & Amortization Expenses	2,075,490	1,725,060	2,018,040	4,096,760
Other Operating Expenses	1,357,420	804,672	853,327	916,249
Total Operating Expenses	5,831,210	4,181,962	4,690,607	6,889,099
Operating Income	450,047	-192,676	-358,269	-2,439,430
Interest Income	-3,742	-15,094	-5,408	6,773
Interest Expense	-748,840	1,914,790	-1,817,070	246,010
Other Non-Operating Income (Expense)	110,799	190,451	496,492	266,606
Total Non-Operating Income (Expense)	-641,783	2,090,140	-1,325,990	519,389
Pretax Income	-191,736	1,897,470	-1,684,260	-1,920,040
Provision for Income Taxes	-46,432	538,237	-968,990	-219,213
Net Income	-145,304	1,359,230	-715,266	-1,700,830
Net Income to Common	-145,304	1,359,230	-715,266	-1,700,830
Shares Outstanding (Basic)	431	431	431	431
Shares Outstanding (Diluted)	431	431	431	431
EPS (Basic)	-394.70	3091.90	-1714.05	-3990.75
EPS (Diluted)	-394.70	3091.90	-1714.05	-3990.75
Shares Outstanding	430.74	430.74	430.74	430.74
Free Cash Flow	1,030,800	609,560	1,013,400	800,365
Free Cash Flow Growth	69.11%	-39.85%	26.62%	-
Free Cash Flow Per Share	2393.10	1415.15	2352.70	1858.13
Dividends Per Share	13.632	-	-	-
Gross Margin	75.42%	73.29%	73.45%	73.78%
Operating Margin	5.40%	-3.54%	-6.07%	-40.45%
Profit Margin	-1.74%	24.97%	-12.13%	-28.20%
FCF Margin	12.38%	11.20%	17.18%	13.27%
EBITDA	2,498,530	1,533,840	1,658,870	-378,436
EBITDA Margin	30.00%	28.18%	28.12%	-6.27%
EBIT	450,047	-192,676	-358,269	-2,439,430
EBIT Margin	5.40%	-3.54%	-6.07%	-40.45%
Effective Tax Rate	24.22%	28.37%	57.53%	11.42%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q