Grupo Argos S.A. (BVC:GRUPOARGOS)

Grupo Argos Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	11,580,289	12,277,491	12,299,810	18,632,618	15,045,514	13,241,095
Other Revenue	2,755,907	2,962,993	2,868,166	2,672,660	1,263,605	682,152
Revenue	14,336,197	15,240,484	15,167,976	21,305,278	16,309,119	13,923,247
Revenue Growth (YoY)	5.98%	0.48%	-28.81%	30.63%	17.14%	-16.78%
Cost of Revenue	8,814,289	9,623,721	10,592,599	15,909,815	11,848,313	10,714,354
Gross Profit	5,521,908	5,616,763	4,575,377	5,395,463	4,460,806	3,208,893
Selling, General & Admin	1,325,186	1,265,684	1,342,808	1,809,170	1,777,658	1,512,148
Other Operating Expenses	109,163	124,153	54,680	180,191	65,694	136,324
Operating Expenses	1,427,195	1,389,837	1,397,488	1,989,361	1,843,352	1,648,472
Operating Income	4,094,713	4,226,926	3,177,889	3,406,102	2,617,454	1,560,421
Interest Expense	-1,506,009	-1,562,703	-1,956,643	-1,514,245	-1,224,391	-1,190,861
Interest & Investment Income	95,209	228,254	314,931	190,317	235,742	115,028
Currency Exchange Gain (Loss)	105,919	30,278	-140,545	102,353	27,815	6,347
Other Non Operating Income (Expenses)	317,759	-12,995	4,967	-53,277	-	-162,599
EBT Excluding Unusual Items	3,107,591	2,909,760	1,400,599	2,131,250	1,656,620	328,336
Gain (Loss) on Sale of Investments	52,816	74,683	-20,031	-64,136	-	-
Gain (Loss) on Sale of Assets	-39,960	14,109	18,479	140,326	-	-16,201
Asset Writedown	8,825	-93,110	-55,606	46,491	-	74,088
Other Unusual Items	-	-	-	-	-	11,955
Pretax Income	3,129,271	2,905,442	1,343,441	2,254,277	1,656,620	406,042
Income Tax Expense	717,197	747,617	581,242	813,936	450,587	252,097
Earnings From Continuing Operations	2,412,074	2,157,825	762,199	1,440,341	1,206,033	153,945
Earnings From Discontinued Operations	822,335	5,488,974	697,799	-	-	-
Net Income to Company	3,234,410	7,646,799	1,459,998	1,440,341	1,206,033	153,945
Minority Interest in Earnings	-1,444,988	-3,102,380	-544,495	-558,917	-616,234	-253,958
Net Income	1,789,422	4,544,419	915,503	881,424	589,799	-100,013
Net Income to Common	1,789,422	4,544,419	915,503	881,424	589,799	-100,013
Net Income Growth	-57.16%	396.38%	3.87%	49.45%	-	-
Shares Outstanding (Basic)	3,525	853	868	869	866	857
Shares Outstanding (Diluted)	3,525	853	868	869	866	857
Shares Change (YoY)	308.52%	-1.69%	-0.18%	0.44%	0.98%	-
EPS (Basic)	507.61	5326.01	1054.84	1013.76	681.32	-116.67
EPS (Diluted)	507.61	5326.01	1054.84	1013.76	681.32	-116.67
EPS Growth	-89.51%	404.91%	4.05%	48.79%	-	-
Free Cash Flow	417,706	690,134	2,243,787	580,565	2,211,451	1,528,824
Free Cash Flow Per Share	118.49	808.83	2585.28	667.73	2554.61	1783.45
Dividend Per Share	688.000	688.000	636.000	575.000	500.000	382.000
Dividend Growth	8.18%	8.18%	10.61%	15.00%	30.89%	1.60%
Gross Margin	38.52%	36.85%	30.16%	25.32%	27.35%	23.05%
Operating Margin	28.56%	27.73%	20.95%	15.99%	16.05%	11.21%
Profit Margin	12.48%	29.82%	6.04%	4.14%	3.62%	-0.72%
Free Cash Flow Margin	2.91%	4.53%	14.79%	2.73%	13.56%	10.98%
EBITDA	4,954,028	5,016,232	4,362,999	4,855,587	4,336,105	3,103,499
EBITDA Margin	34.56%	32.91%	28.77%	22.79%	26.59%	22.29%
D&A For EBITDA	859,315	789,306	1,185,110	1,449,485	1,718,651	1,543,078
EBIT	4,094,713	4,226,926	3,177,889	3,406,102	2,617,454	1,560,421
EBIT Margin	28.56%	27.73%	20.95%	15.99%	16.05%	11.21%
Effective Tax Rate	22.92%	25.73%	43.27%	36.11%	27.20%	62.09%
Revenue as Reported	14,345,398	15,156,362	15,193,284	21,339,706	16,309,119	13,990,523
Advertising Expenses	-	9,453	7,557	12,946	-	13,426

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.