Tecnoglass Inc. (TGLS)

Tecnoglass Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	833.27	716.57	496.79	376.61	430.91
Revenue Growth (YoY)	16.29%	44.24%	31.91%	-12.60%	16.15%
Cost of Revenue	442.33	367.07	294.2	237.17	295.1
Gross Profit	390.93	349.5	202.58	139.44	135.81
Selling, General & Admin	131.17	123.08	85.6	73.73	76.99
Operating Expenses	131.17	123.08	85.6	73.73	76.99
Operating Income	259.76	226.42	116.99	65.71	58.82
Interest Expense / Income	9.18	8.16	9.85	21.67	22.81
Other Expense / Income	-10.2	-12.24	10.5	7.13	-1.45
Pretax Income	260.79	230.5	96.64	36.91	37.46
Income Tax	77.9	74.76	28.49	13.03	12.93
Net Income	182.88	155.74	68.15	23.88	24.54
Net Income Growth	17.43%	128.53%	185.45%	-2.69%	171.68%
Shares Outstanding (Basic)	48	48	48	46	44
Shares Outstanding (Diluted)	48	48	48	46	44
Shares Change	-0.35%	-	2.75%	4.35%	12.60%
EPS (Basic)	3.85	3.27	1.43	0.51	0.55
EPS (Diluted)	3.85	3.27	1.43	0.51	0.55
EPS Growth	17.74%	128.67%	180.39%	-7.27%	161.90%
Free Cash Flow	60.87	70.59	65.87	53.39	0.71
Free Cash Flow Per Share	1.28	1.48	1.38	1.15	0.02
Dividend Per Share	0.360	0.280	0.147	0.110	0.560
Dividend Growth	28.57%	90.48%	33.64%	-80.36%	33.33%
Gross Margin	46.92%	48.77%	40.78%	37.03%	31.52%
Operating Margin	31.17%	31.60%	23.55%	17.45%	13.65%
Profit Margin	21.95%	21.73%	13.72%	6.34%	5.69%
Free Cash Flow Margin	7.30%	9.85%	13.26%	14.18%	0.17%
Effective Tax Rate	29.87%	32.43%	29.48%	35.31%	34.51%
EBITDA	291.84	258.34	127.41	79.2	83
EBITDA Margin	35.02%	36.05%	25.65%	21.03%	19.26%
Depreciation & Amortization	21.88	19.69	20.92	20.62	22.74
EBIT	269.96	238.66	106.49	58.58	60.27
EBIT Margin	32.40%	33.31%	21.44%	15.55%	13.99%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).