Tecnoglass (TGLS) Financial Statements
Price: $64.76
Market Cap: $3.04B
Avg Volume: 368.27K
Market Cap: $3.04B
Avg Volume: 368.27K
Country: CO
Industry: Construction Materials
Sector: Basic Materials
Industry: Construction Materials
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Tecnoglass.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $890.18M | $833.26M | $716.57M | $496.79M | $374.92M | $430.91M | $370.98M | $314.46M | $304.51M | $239.39M |
| Cost of Revenue | $510.21M | $442.33M | $367.07M | $294.20M | $235.67M | $295.10M | $250.77M | $215.27M | $192.52M | $153.40M |
| Gross Profit | $379.97M | $390.93M | $349.50M | $202.58M | $139.25M | $135.81M | $120.22M | $99.18M | $111.99M | $86.00M |
| Gross Profit Ratio | 42.68% | 46.92% | 48.77% | 40.78% | 37.14% | 31.52% | 32.40% | 31.54% | 36.78% | 35.92% |
| Research and Development Expenses | $- | $900.00K | $600.00K | $700.00K | $- | $- | $- | $- | $2.20M | $2.00M |
| General and Administrative Expenses | $75.11M | $63.09M | $54.08M | $35.83M | $34.17M | $35.07M | $33.63M | $31.03M | $21.88M | $15.17M |
| Selling and Marketing Expenses | $-81.30M | $55.95M | $69.01M | $49.77M | $38.96M | $41.92M | $39.39M | $30.66M | $36.95M | $27.58M |
| Selling General and Administrative Expenses | $-9.62M | $121.85M | $123.08M | $85.60M | $73.13M | $76.99M | $73.02M | $61.69M | $58.83M | $42.74M |
| Other Expenses | $- | $8.42M | $4.22M | $608.00K | $-12.00K | $1.56M | $2.92M | $3.19M | $4.76M | $3.95M |
| Operating Expenses | $-9.62M | $131.17M | $123.08M | $85.60M | $73.13M | $76.99M | $73.02M | $64.82M | $61.92M | $46.58M |
| Cost and Expenses | $500.58M | $573.50M | $490.15M | $379.80M | $308.80M | $372.10M | $323.79M | $280.09M | $254.44M | $199.97M |
| Interest Income | $-4.64M | $- | $8.16M | $9.85M | $21.67M | $22.81M | $128.00K | $- | $- | $- |
| Interest Expense | $7.43M | $13.35M | $8.16M | $10.70M | $21.67M | $22.81M | $21.19M | $19.87M | $16.81M | $9.27M |
| Depreciation and Amortization | $26.47M | $19.69M | $17.87M | $19.61M | $19.25M | $21.16M | $23.16M | $20.97M | $15.33M | $12.01M |
| EBITDA | $259.06M | $289.44M | $253.32M | $136.60M | $77.68M | $81.74M | $70.35M | $55.33M | $63.37M | $52.05M |
| EBITDA Ratio | 29.10% | 34.74% | 35.35% | 27.50% | 20.72% | 18.97% | 18.96% | 17.60% | 20.81% | 21.74% |
| Operating Income | $227.00M | $259.76M | $226.41M | $116.98M | $66.12M | $58.81M | $47.20M | $34.36M | $47.19M | $39.50M |
| Operating Income Ratio | 25.50% | 31.17% | 31.60% | 23.55% | 17.64% | 13.65% | 12.72% | 10.93% | 15.50% | 16.50% |
| Total Other Income Expenses Net | $-1.84M | $1.65M | $4.75M | $-20.07M | $-28.52M | $-21.62M | $-32.73M | $-22.85M | $-8.60M | $-29.92M |
| Income Before Tax | $225.16M | $261.41M | $231.17M | $96.91M | $37.19M | $37.20M | $14.46M | $11.52M | $39.20M | $19.34M |
| Income Before Tax Ratio | 25.29% | 31.37% | 32.26% | 19.51% | 9.92% | 8.63% | 3.90% | 3.66% | 12.87% | 8.08% |
| Income Tax Expense | $63.85M | $77.90M | $74.76M | $28.48M | $13.00M | $12.93M | $5.98M | $5.79M | $15.88M | $20.87M |
| Net Income | $161.31M | $182.88M | $155.74M | $68.15M | $23.88M | $24.54M | $9.03M | $5.45M | $23.32M | $-1.54M |
| Net Income Ratio | 18.12% | 21.95% | 21.73% | 13.72% | 6.37% | 5.69% | 2.43% | 1.73% | 7.66% | -0.64% |
| EPS | $3.43 | $3.85 | $3.27 | $1.43 | $0.51 | $0.55 | $0.24 | $0.16 | $0.80 | $-0.06 |
| EPS Diluted | $3.43 | $3.85 | $3.27 | $1.43 | $0.51 | $0.55 | $0.24 | $0.16 | $0.77 | $-0.06 |
| Weighted Average Shares Outstanding | 47.00M | 47.51M | 47.67M | 47.67M | 46.40M | 44.46M | 37.51M | 34.82M | 29.23M | 25.45M |
| Weighted Average Shares Outstanding Diluted | 47.00M | 47.51M | 47.67M | 47.67M | 46.40M | 44.46M | 38.06M | 35.32M | 30.25M | 27.95M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $134.88M | $129.51M | $103.67M | $85.01M | $66.90M | $47.86M | $33.04M | $40.92M | $26.92M | $18.50M |
| Short Term Investments | $2.65M | $2.91M | $2.05M | $1.98M | $2.39M | $2.30M | $1.16M | $1.68M | $1.54M | $1.47M |
| Cash and Short Term Investments | $134.88M | $132.41M | $105.72M | $86.99M | $69.29M | $50.17M | $34.20M | $42.60M | $28.45M | $19.97M |
| Net Receivables | $241.04M | $188.00M | $174.31M | $131.46M | $119.97M | $160.63M | $147.05M | $128.96M | $109.92M | $91.35M |
| Inventory | $139.64M | $159.07M | $125.00M | $84.97M | $80.74M | $82.71M | $91.85M | $71.66M | $55.09M | $46.01M |
| Other Current Assets | $44.44M | $56.28M | $27.10M | $22.85M | $13.89M | $29.34M | $20.30M | $18.68M | $17.27M | $9.78M |
| Total Current Assets | $560.01M | $535.76M | $432.13M | $326.27M | $286.80M | $322.85M | $293.40M | $261.90M | $210.74M | $165.36M |
| Property Plant Equipment Net | $344.43M | $324.59M | $202.87M | $166.63M | $152.27M | $154.61M | $149.20M | $168.70M | $175.53M | $139.59M |
| Goodwill | $23.56M | $23.56M | $23.56M | $23.56M | $23.56M | $23.56M | $23.56M | $23.13M | $1.33M | $1.33M |
| Intangible Assets | $4.39M | $3.48M | $2.71M | $3.34M | $5.11M | $6.70M | $9.01M | $11.52M | $4.55M | $1.92M |
| Goodwill and Intangible Assets | $27.95M | $27.04M | $26.27M | $26.90M | $28.67M | $30.26M | $32.57M | $34.65M | $5.88M | $3.25M |
| Long Term Investments | $64.93M | $62.00M | $57.84M | $51.16M | $47.53M | $45.60M | $500.00K | $500.00K | $500.00K | $4.94M |
| Tax Assets | $285.00K | $169.00K | $558.00K | $596.00K | $268.00K | $4.59M | $4.77M | $103.00K | $3.52M | $328.00K |
| Other Non-Current Assets | $19.04M | $13.16M | $14.64M | $20.00M | $16.48M | $11.76M | $9.34M | $2.15M | $3.29M | $6.51M |
| Total Non-Current Assets | $456.64M | $426.96M | $302.17M | $265.29M | $245.22M | $246.82M | $196.38M | $206.10M | $188.72M | $154.63M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.02B | $962.72M | $734.31M | $591.56M | $532.02M | $569.67M | $489.77M | $468.00M | $399.46M | $319.99M |
| Account Payables | $98.84M | $80.45M | $90.19M | $68.08M | $42.33M | $61.88M | $65.51M | $55.18M | $38.98M | $39.14M |
| Short Term Debt | $1.09M | $7.00M | $504.00K | $10.70M | $1.76M | $16.08M | $21.61M | $3.26M | $2.65M | $56.58M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $7.15M | $12.08M | $16.84M | $18.23M |
| Deferred Revenue | $- | $72.54M | $49.60M | $45.21M | $24.69M | $12.46M | $16.79M | $11.43M | $7.78M | $12.32M |
| Other Current Liabilities | $165.90M | $75.89M | $69.51M | $31.02M | $49.97M | $38.59M | $11.54M | $39.50M | $12.13M | $8.11M |
| Total Current Liabilities | $265.83M | $235.89M | $209.80M | $155.01M | $91.54M | $129.01M | $122.59M | $121.45M | $78.47M | $175.05M |
| Long Term Debt | $108.22M | $163.00M | $169.38M | $188.66M | $223.07M | $244.22M | $221.09M | $221.00M | $196.95M | $48.86M |
| Deferred Revenue Non-Current | $- | $14.00K | $11.00K | $78.00K | $977.00K | $187.00K | $1.44M | $1.57M | $2.31M | $7.13M |
| Deferred Tax Liabilities Non-Current | $11.42M | $15.79M | $5.19M | $3.42M | $3.17M | $411.00K | $2.71M | $2.32M | $3.66M | $3.38M |
| Other Non-Current Liabilities | $- | $- | $-790.00K | $-612.00K | $295.00K | $8.63M | $8.72M | $- | $- | $-52.22M |
| Total Non-Current Liabilities | $119.64M | $178.81M | $174.18M | $191.85M | $227.51M | $253.45M | $233.95M | $224.89M | $206.75M | $77.07M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $385.46M | $414.70M | $383.98M | $346.87M | $319.06M | $382.46M | $356.55M | $346.33M | $285.22M | $252.11M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $4.00K | $3.00K | $3.00K | $3.00K |
| Retained Earnings | $538.79M | $400.04M | $234.25M | $91.05M | $34.33M | $16.21M | $10.44M | $22.21M | $27.00M | $60.19M |
| Accumulated Other Comprehensive Income Loss | $-101.16M | $-44.41M | $-104.73M | $-66.48M | $-41.24M | $-37.90M | $-35.69M | $-27.28M | $-27.60M | $-30.00M |
| Other Total Stockholders Equity | $193.55M | $192.38M | $219.29M | $219.29M | $219.29M | $208.28M | $157.60M | $125.32M | $114.85M | $75.65M |
| Total Stockholders Equity | $631.18M | $548.02M | $348.82M | $243.86M | $212.38M | $186.60M | $132.36M | $120.25M | $114.24M | $67.88M |
| Total Equity | $631.18M | $548.02M | $350.32M | $244.70M | $212.97M | $187.21M | $133.23M | $121.67M | $114.24M | $67.88M |
| Total Liabilities and Stockholders Equity | $1.02B | $962.72M | $734.31M | $591.56M | $532.02M | $569.67M | $489.77M | $468.00M | $399.46M | $319.99M |
| Minority Interest | $- | $- | $1.50M | $836.00K | $586.00K | $606.00K | $872.00K | $1.42M | $- | $- |
| Total Liabilities and Total Equity | $1.02B | $962.72M | $734.31M | $591.56M | $532.02M | $569.67M | $489.77M | $468.00M | $399.46M | $319.99M |
| Total Investments | $67.58M | $64.91M | $61.00M | $53.14M | $49.92M | $47.90M | $1.66M | $2.18M | $2.04M | $6.41M |
| Total Debt | $109.31M | $170.01M | $169.48M | $199.06M | $224.49M | $259.81M | $242.31M | $253.26M | $199.60M | $138.49M |
| Net Debt | $-25.57M | $40.50M | $65.81M | $114.04M | $157.59M | $211.95M | $209.28M | $212.34M | $172.68M | $120.00M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $161.31M | $182.88M | $156.41M | $68.43M | $24.18M | $24.27M | $8.49M | $5.72M | $23.32M | $-1.54M |
| Depreciation and Amortization | $26.47M | $21.88M | $19.69M | $20.92M | $20.59M | $22.73M | $23.16M | $20.97M | $15.67M | $12.01M |
| Deferred Income Tax | $-1.87M | $8.35M | $5.48M | $4.40M | $6.58M | $-2.70M | $-3.29M | $-6.14M | $-435.00K | $63.00K |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $284.00K | $300.00K | $- |
| Change in Working Capital | $-24.17M | $-48.28M | $-50.36M | $8.24M | $11.45M | $-20.07M | $-38.37M | $-19.68M | $-35.79M | $-31.90M |
| Accounts Receivables | $-44.39M | $-780.00K | $-54.18M | $-38.52M | $4.56M | $-19.61M | $-23.70M | $2.50M | $-25.98M | $-22.93M |
| Inventory | $-2.88M | $-522.00K | $-63.94M | $-16.75M | $-2.12M | $8.42M | $-28.06M | $-16.45M | $-4.30M | $-27.82M |
| Accounts Payables | $14.66M | $-17.43M | $7.22M | $38.00M | $-20.94M | $-2.40M | $34.59M | $13.05M | $1.65M | $15.73M |
| Other Working Capital | $8.44M | $-29.55M | $60.53M | $25.50M | $29.95M | $-6.47M | $-21.19M | $-18.79M | $-7.16M | $3.12M |
| Other Non Cash Items | $8.79M | $-26.00M | $10.70M | $1.28M | $992.00K | $1.71M | $1.31M | $13.05M | $-2.06M | $-136.00K |
| Net Cash Provided by Operating Activities | $170.53M | $138.83M | $141.92M | $117.25M | $71.43M | $26.74M | $-5.03M | $14.21M | $1.00M | $4.61M |
| Investments in Property Plant and Equipment | $- | $-77.96M | $-71.33M | $-51.51M | $-18.32M | $-24.95M | $-13.12M | $-7.03M | $-28.39M | $-14.90M |
| Acquisitions Net | $- | $- | $- | $130.00K | $6.00K | $-34.10M | $-6.00M | $-7.87M | $2.55M | $2.49M |
| Purchases of Investments | $-429.00K | $-339.00K | $-1.26M | $-63.00K | $-218.00K | $-1.68M | $-1.18M | $-600.00K | $-26.98M | $-877.00K |
| Sales Maturities of Investments | $- | $- | $- | $685.00K | $471.00K | $1.58M | $1.57M | $571.00K | $24.49M | $1.91M |
| Other Investing Activities | $-76.86M | $2.28M | $-1.26M | $752.00K | $212.00K | $-34.18M | $391.00K | $-29.00K | $686.00K | $4.47M |
| Net Cash Used for Investing Activities | $-77.29M | $-76.02M | $-72.58M | $-50.76M | $-18.06M | $-59.15M | $-18.73M | $-14.93M | $-27.64M | $-6.91M |
| Debt Repayment | $- | $196.00K | $-31.93M | $-29.94M | $-29.73M | $17.08M | $19.74M | $17.23M | $33.34M | $10.92M |
| Common Stock Issued | $- | $- | $- | $- | $- | $36.48M | $- | $- | $1.20M | $- |
| Common Stock Repurchased | $-291.00K | $-23.54M | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-2.70M | $-16.43M | $-12.87M | $-5.24M | $-3.80M | $-5.23M | $-2.71M | $-2.47M | $-3.00M | $- |
| Other Financing Activities | $-81.56M | $-3.00M | $- | $-8.61M | $- | $- | $- | $- | $1.20M | $-1.41M |
| Net Cash Used Provided by Financing Activities | $-84.55M | $-42.77M | $-44.80M | $-43.79M | $-33.54M | $48.33M | $17.03M | $14.76M | $31.54M | $4.14M |
| Effect of Forex Changes on Cash | $-3.32M | $5.79M | $-5.88M | $-5.36M | $-797.00K | $-35.00K | $-1.15M | $-36.00K | $-659.00K | $718.00K |
| Net Change in Cash | $5.37M | $25.84M | $18.66M | $17.34M | $19.04M | $14.82M | $-7.88M | $14.01M | $4.25M | $2.57M |
| Cash at End of Period | $134.88M | $129.51M | $103.67M | $85.01M | $66.90M | $47.86M | $33.04M | $40.92M | $26.92M | $18.50M |
| Cash at Beginning of Period | $129.51M | $103.67M | $85.01M | $67.67M | $47.86M | $33.04M | $40.92M | $26.92M | $22.67M | $15.93M |
| Operating Cash Flow | $170.53M | $138.83M | $141.92M | $117.25M | $71.43M | $26.74M | $-5.03M | $14.21M | $1.00M | $4.61M |
| Capital Expenditure | $-79.56M | $-77.96M | $-71.33M | $-51.51M | $-18.32M | $-24.95M | $-13.12M | $-7.03M | $-28.39M | $-14.90M |
| Free Cash Flow | $90.97M | $60.87M | $70.59M | $65.74M | $53.11M | $1.79M | $-18.15M | $7.18M | $-27.39M | $-10.29M |