AVAL FY 2024 Earnings Report — Grupo Aval Acciones y Valores S.A. Revenue & Financial Results | Market Cap Arena

Grupo Aval Acciones y Valores S.A.AVAL

FY 2024 Earnings

Reported April 28, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$10.4B	—	$10.8B	—	-3.8%
Op. Income	$880M	—	$978M	—	-10.0%
Gross Margin	30.6%	—	28.8%	—	1.8pp
Net Margin	2.7%	—	1.9%	—	0.8pp
EPS (Diluted)	$0.24	—	$0.17	—	37.5%
Free Cash Flow	-$4.1B	—	-$2.8B	—	-47.6%

Revenue Flow

Item	Amount
REVENUE	$10.4B
Cost of Revenue	$7.2B
GROSS PROFIT	$3.2B
R&D Expenses	$0
Selling & Marketing	$76M
General & Administrative	$1.1B
SG&A Expenses	$1.2B
Other Expenses	$1.1B
Operating Expenses	$2.3B
Cost & Expenses	$9.5B
OPERATING INCOME	$880M
Interest Income	$7.9B
Interest Expense	$5.9B
Other Income/Expenses	$0
INCOME BEFORE TAX	$880M
Income Tax Expense	$265M
Net Income from Continuing Ops	$614M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$285M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$285M
D&A	$357M
EBIT	$880M
EBITDA	$1.2B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$10.4B
Cost of Revenue	$7.2B
GROSS PROFIT	$3.2B
R&D Expenses	$0
Selling & Marketing	$76M
General & Administrative	$1.1B
SG&A Expenses	$1.2B
Other Expenses	$1.1B
Operating Expenses	$2.3B
Cost & Expenses	$9.5B
OPERATING INCOME	$880M
Interest Income	$7.9B
Interest Expense	$5.9B
Other Income/Expenses	$0
INCOME BEFORE TAX	$880M
Income Tax Expense	$265M
Net Income from Continuing Ops	$614M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$285M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$285M
D&A	$357M
EBIT	$880M
EBITDA	$1.2B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$285M
Depreciation & Amortization	$357M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$1.4B
Change in Working Capital	-$3.2B
OPERATING CASH FLOW	-$3.9B
Capital Expenditure	-$186M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$695M
NET CASH FROM INVESTING	-$881M
Net Debt Issuance	$25M
Common Stock Repurchased	-$15M
Common Dividends Paid	-$204M
Other Financing Activities	$4.0B
NET CASH FROM FINANCING	$3.8B
FREE CASH FLOW	-$4.1B
Net Change in Cash	-$448M

Balance Sheet

Item	Amount
Cash & Equivalents	$4.4B
Short-Term Investments	$8.0B
Net Receivables	$8.7B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$21.1B
PP&E (Net)	$1.8B
Goodwill	$623M
Intangible Assets	$4.8B
Long-Term Investments	$55.9B
Tax Assets	$456M
Other Non-Current Assets	$7.4B
TOTAL NON-CURRENT ASSETS	$70.8B
TOTAL ASSETS	$91.9B
Account Payables	$912M
Short-Term Debt	$439M
Deferred Revenue	$0
Other Current Liabilities	$56.3B
TOTAL CURRENT LIABILITIES	$57.7B
Long-Term Debt	$18.8B
Deferred Revenue NC	$146M
Deferred Tax Liabilities	$1.6B
Other Non-Current Liabilities	$3.7B
TOTAL NON-CURRENT LIABILITIES	$24.9B
TOTAL LIABILITIES	$82.6B
Common Stock	$7M
Additional Paid-In Capital	$2.7B
Retained Earnings	$2.3B
Treasury Stock	$0
Accum. Other Comp. Income	-$68M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.9B
Minority Interest	$4.4B
TOTAL EQUITY	$9.3B
TOTAL LIABILITIES & EQUITY	$91.9B
Total Debt	$20.0B
Net Debt	$15.6B