CCU FY 2024 Earnings Report — Compañía Cervecerías Unidas S.A. Revenue & Financial Results | Market Cap Arena

Compañía Cervecerías Unidas S.A.CCU

FY 2024 Earnings

Reported April 29, 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	$3.3B	—	$2.9B	—	13.2%
Op. Income	$296M	—	$270M	—	9.4%
Gross Margin	45.2%	—	46.3%	—	-1.0pp
Net Margin	5.5%	—	4.1%	—	1.4pp
EPS (Diluted)	$0.98	—	$0.64	—	52.3%
Free Cash Flow	$143M	—	$185M	—	-22.6%

Revenue Flow

Item	Amount
REVENUE	$3.3B
Cost of Revenue	$1.8B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$604M
General & Administrative	$242M
SG&A Expenses	$846M
Other Expenses	$337M
Operating Expenses	$1.2B
Cost & Expenses	$3.0B
OPERATING INCOME	$296M
Interest Income	$43M
Interest Expense	$109M
Other Income/Expenses	-$109M
INCOME BEFORE TAX	$186M
Income Tax Expense	-$12M
Net Income from Continuing Ops	$199M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$181M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$181M
D&A	$0
EBIT	$296M
EBITDA	$296M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.3B
Cost of Revenue	$1.8B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$604M
General & Administrative	$242M
SG&A Expenses	$846M
Other Expenses	$337M
Operating Expenses	$1.2B
Cost & Expenses	$3.0B
OPERATING INCOME	$296M
Interest Income	$43M
Interest Expense	$109M
Other Income/Expenses	-$109M
INCOME BEFORE TAX	$186M
Income Tax Expense	-$12M
Net Income from Continuing Ops	$199M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$181M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$181M
D&A	$0
EBIT	$296M
EBITDA	$296M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$181M
Depreciation & Amortization	$173M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$30M
Change in Working Capital	$0
OPERATING CASH FLOW	$324M
Capital Expenditure	-$180M
Acquisitions (Net)	-$620.7K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$40M
NET CASH FROM INVESTING	-$133M
Net Debt Issuance	-$42M
Common Stock Repurchased	$0
Common Dividends Paid	-$92M
Other Financing Activities	-$9M
NET CASH FROM FINANCING	-$141M
FREE CASH FLOW	$143M
Net Change in Cash	$100M

Balance Sheet

Item	Amount
Cash & Equivalents	$796M
Short-Term Investments	$925.4K
Net Receivables	$611M
Inventory	$537M
Other Current Assets	$16M
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$1.8B
Goodwill	$182M
Intangible Assets	$275M
Long-Term Investments	$157M
Tax Assets	$47M
Other Non-Current Assets	$71M
TOTAL NON-CURRENT ASSETS	$2.5B
TOTAL ASSETS	$4.5B
Account Payables	$477M
Short-Term Debt	$157M
Deferred Revenue	$1M
Other Current Liabilities	$226M
TOTAL CURRENT LIABILITIES	$968M
Long-Term Debt	$1.4B
Deferred Revenue NC	$5M
Deferred Tax Liabilities	$144M
Other Non-Current Liabilities	$67M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$2.6B
Common Stock	$633M
Additional Paid-In Capital	$0
Retained Earnings	$1.1B
Treasury Stock	$0
Accum. Other Comp. Income	-$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	$166M
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$4.5B
Total Debt	$1.6B
Net Debt	$796M