TGLS Q4 2023 Earnings — Tecnoglass Inc. Revenue & Financial Results | Market Cap Arena

TGLSTecnoglass Inc.

$2B

Q4 2023 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$195M-7.8% YoY

Gross Profit

$83M42.6% margin

Operating Income

$51M26.0% margin

Net Income

$36M18.7% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$29M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$963M

Total Liabilities

$415M

Stockholders' Equity

$548M

Cash & Equivalents

$130M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$211M	-7.8%
Gross Profit	$83M	$110M	-24.7%
Operating Income	$51M	$77M	-34.2%
Net Income	$36M	$55M	-33.9%

Geographic Segments

UNITED STATES

$185M95%

COLOMBIA

$6M3%

Other

$3M1%

PANAMA

$365,0000%