Tecnoglass
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Tecnoglass's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $833,265,000. The net income raised on $182,882,000 and profit margin reached 22%. Total operating expenses were $131,172,000.
Profit Margin
| 2014 | 197.45M | 20.31M | 10.29% |
|---|---|---|---|
| 2015 | 239.39M | -1.53M | -0.64% |
| 2016 | 304.51M | 23.32M | 7.66% |
| 2017 | 314.45M | 5.44M | 1.73% |
| 2018 | 370.98M | 9.03M | 2.43% |
| 2019 | 430.91M | 24.53M | 5.69% |
| 2020 | 374.92M | 23.87M | 6.37% |
| 2021 | 496.78M | 68.15M | 13.72% |
| 2022 | 716.57M | 155.74M | 21.73% |
| 2023 | 833.26M | 182.88M | 21.95% |
TGLS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 833.26M | 716.57M | 496.78M | 374.92M | 430.91M | 370.98M | 314.45M | 304.51M | 239.39M | 197.45M |
Cost of revenue | 442.33M | 367.07M | 294.20M | 235.66M | 295.10M | 250.76M | 215.27M | 192.52M | 153.39M | 136.02M |
Gross profit | 390.93M | 349.49M | 202.58M | 139.25M | 135.80M | 120.21M | 99.18M | 111.99M | 85.99M | 61.43M |
Operating exp. | ||||||||||
Research and development | 900K | 600K | 700K | 0 | 0 | 0 | 0 | 2.2M | 2M | 1.3M |
Selling and marketing | 55.95M | 69.00M | 49.76M | 38.96M | 41.92M | 39.39M | 30.65M | 36.95M | 27.57M | 17.87M |
Total operating expenses | 131.17M | 123.08M | 85.59M | 73.13M | 76.99M | 73.02M | 64.81M | 61.91M | 46.57M | 34.19M |
Operating income | 259.76M | 226.41M | 116.98M | 66.12M | 58.81M | 47.19M | 34.36M | 47.19M | 39.49M | 27.23M |
Other income (expenses), net | 1.65M | 4.75M | -20.07M | -28.52M | -21.61M | -11.54M | -22.84M | 8.82M | -29.92M | -9.18M |
Income before tax | 261.41M | 231.17M | 96.91M | 37.18M | 37.19M | 14.46M | 11.51M | 39.20M | 19.33M | 28.85M |
Income tax expense | 77.90M | 74.75M | 28.48M | 13.00M | 12.92M | 5.97M | 5.79M | 15.88M | 20.87M | 8.53M |
Net income | 182.88M | 155.74M | 68.15M | 23.87M | 24.53M | 9.03M | 5.44M | 23.32M | -1.53M | 20.31M |
Earnings per share | ||||||||||
Basic EPS | 3.85 | 3.27 | 1.43 | 0.51 | 0.55 | 0.24 | 0.16 | 0.8 | -0.06 | 0.83 |
Diluted EPS | 3.85 | 3.27 | 1.43 | 0.51 | 0.55 | 0.24 | 0.16 | 0.77 | -0.05 | 0.73 |
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