Tecnoglass Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	977.89	890.18	833.27	716.57	496.79	376.61
Revenue Growth (YoY)	15.70%	6.83%	16.29%	44.24%	31.91%	-12.60%
Cost of Revenue	548.2	510.21	442.33	367.07	294.2	237.17
Gross Profit	429.68	379.97	390.93	349.5	202.58	139.44
Selling, General & Admin	179.92	151.23	124.83	113.91	84.55	72.6
Other Operating Expenses	0.33	1.75	1.32	1.22	1.05	1.14
Operating Expenses	180.25	152.97	126.15	115.13	85.6	73.73
Operating Income	249.43	227	264.79	234.37	116.99	65.71
Interest Expense	-3.63	-7.43	-9.18	-8.16	-9.85	-21.67
Earnings From Equity Investments	4.53	5.4	5.01	6.68	4.18	1.39
Currency Exchange Gain (Loss)	1.4	-5.67	0.69	2.01	-4.31	-8.64
Other Non Operating Income (Expenses)	3.3	5.86	5.13	4.22	0.61	0.09
EBT Excluding Unusual Items	255.02	225.16	266.44	239.12	107.61	36.87
Legal Settlements	-	-	-5.02	-4.55	-	-
Other Unusual Items	-1.35	-	-	-3.4	-10.7	-
Pretax Income	257.3	225.16	261.41	231.17	96.91	36.87
Income Tax Expense	76.83	63.85	77.9	74.76	28.49	13.03
Earnings From Continuing Operations	180.48	161.31	183.51	156.41	68.43	23.84
Minority Interest in Earnings	-	-	-0.63	-0.67	-0.28	0.03
Net Income	180.48	161.31	182.88	155.74	68.15	23.88
Net Income to Common	180.48	161.31	182.88	155.74	68.15	23.88
Net Income Growth	19.81%	-11.80%	17.43%	128.53%	185.45%	-2.69%
Shares Outstanding (Basic)	47	47	48	48	48	46
Shares Outstanding (Diluted)	47	47	48	48	48	46
Shares Change (YoY)	-0.14%	-1.08%	-0.35%	-	2.75%	4.35%
EPS (Basic)	3.84	3.43	3.85	3.27	1.43	0.51
EPS (Diluted)	3.84	3.43	3.85	3.27	1.43	0.51
EPS Growth	20.09%	-10.90%	17.84%	128.53%	180.29%	-7.27%
Free Cash Flow	58.49	90.97	60.87	70.59	65.74	53.39
Free Cash Flow Per Share	1.25	1.94	1.28	1.48	1.38	1.15
Dividend Per Share	0.600	0.480	0.360	0.280	0.150	0.110
Dividend Growth	42.86%	33.33%	28.57%	86.67%	36.36%	-73.81%
Gross Margin	43.94%	42.69%	46.92%	48.77%	40.78%	37.03%
Operating Margin	25.51%	25.50%	31.78%	32.71%	23.55%	17.45%
Profit Margin	18.46%	18.12%	21.95%	21.73%	13.72%	6.34%
Free Cash Flow Margin	5.98%	10.22%	7.31%	9.85%	13.23%	14.18%
EBITDA	279.81	250.67	284.46	252.23	136.6	84.99
EBITDA Margin	28.61%	28.16%	34.14%	35.20%	27.50%	22.57%
D&A For EBITDA	30.38	23.67	19.67	17.87	19.62	19.29
EBIT	249.43	227	264.79	234.37	116.99	65.71
EBIT Margin	25.51%	25.50%	31.78%	32.71%	23.55%	17.45%
Effective Tax Rate	29.86%	28.36%	29.80%	32.34%	29.39%	35.34%
Revenue as Reported	977.89	890.18	833.27	716.57	496.79	376.61
Advertising Expenses	-	2.5	2.25	1.61	1.46	0.99

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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