TGLS Q1 2023 Earnings — Tecnoglass Inc. Revenue & Financial Results | Market Cap Arena

TGLSTecnoglass Inc.

$2B

Q1 2023 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$203M+50.6% YoY

Gross Profit

$108M53.2% margin

Operating Income

$74M36.4% margin

Net Income

$48M23.8% margin

EPS (Diluted)

$1.01

QoQ Revenue Growth

-4.0%

Cash Flow

Operating Cash Flow

$43M

Free Cash Flow

$28M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$819M

Total Liabilities

$419M

Stockholders' Equity

$399M

Cash & Equivalents

$129M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$203M	$135M	+50.6%
Gross Profit	$108M	$60M	+78.6%
Operating Income	$74M	$34M	+116.9%
Net Income	$48M	$21M	+131.3%

Revenue Segments

External Customers

$202M100%

Related Parties

$333,0000%

Geographic Segments

UNITED STATES

$195M96%

COLOMBIA

$6M3%

Other

$2M1%

PANAMA

$270,0000%