TGLS Q3 2024 Earnings — Tecnoglass Inc. Revenue & Financial Results | Market Cap Arena

TGLSTecnoglass Inc.

$2B

Q3 2024 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$238M+13.1% YoY

Gross Profit

$109M45.8% margin

Operating Income

$68M28.4% margin

Net Income

$50M20.8% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+8.5%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$18M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$996M

Total Liabilities

$383M

Stockholders' Equity

$613M

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$238M	$211M	+13.1%
Gross Profit	$109M	$91M	+20.7%
Operating Income	$68M	$61M	+11.0%
Net Income	$50M	$46M	+8.0%

Revenue Segments

Product Sales

$195M82%

Fixed Price Contracts

$44M18%

Geographic Segments

UNITED STATES

$228M96%

COLOMBIA

$5M2%

Other

$4M2%

PANAMA

$283,0000%