TGS FY 2024 Earnings Report — Transportadora de Gas del Sur S.A. Revenue & Financial Results | Market Cap Arena

Transportadora de Gas del Sur S.A.TGS

FY 2024 Earnings

Reported April 24, 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	$870M	—	$697M	—	24.7%
Op. Income	$404M	—	$183M	—	121.0%
Gross Margin	52.3%	—	35.9%	—	16.4pp
Net Margin	30.7%	—	5.3%	—	25.4pp
EPS (Diluted)	$1.77	—	$0.11	—	1474.1%
Free Cash Flow	$140M	—	$86M	—	63.8%

Revenue Flow

Item	Amount
REVENUE	$870M
Cost of Revenue	$415M
GROSS PROFIT	$455M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$35M
SG&A Expenses	$37M
Other Expenses	$15M
Operating Expenses	$51M
Cost & Expenses	$466M
OPERATING INCOME	$404M
Interest Income	$17M
Interest Expense	$40M
Other Income/Expenses	$16M
INCOME BEFORE TAX	$419M
Income Tax Expense	$153M
Net Income from Continuing Ops	$267M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$267M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$267M
D&A	$93M
EBIT	$460M
EBITDA	$553M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$870M
Cost of Revenue	$415M
GROSS PROFIT	$455M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$35M
SG&A Expenses	$37M
Other Expenses	$15M
Operating Expenses	$51M
Cost & Expenses	$466M
OPERATING INCOME	$404M
Interest Income	$17M
Interest Expense	$40M
Other Income/Expenses	$16M
INCOME BEFORE TAX	$419M
Income Tax Expense	$153M
Net Income from Continuing Ops	$267M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$267M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$267M
D&A	$93M
EBIT	$460M
EBITDA	$553M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$267M
Depreciation & Amortization	$93M
Stock-Based Compensation	$0
Deferred Income Tax	$153M
Other Non-Cash Items	-$78M
Change in Working Capital	-$86M
OPERATING CASH FLOW	$349M
Capital Expenditure	-$209M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$69M
NET CASH FROM INVESTING	-$277M
Net Debt Issuance	-$23M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	-$23M
FREE CASH FLOW	$140M
Net Change in Cash	$33M

Balance Sheet

Item	Amount
Cash & Equivalents	$43M
Short-Term Investments	$531M
Net Receivables	$123M
Inventory	$3M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$726M
PP&E (Net)	$1.7B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$883.0K
Tax Assets	$3.5K
Other Non-Current Assets	$315.2K
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$2.4B
Account Payables	$55M
Short-Term Debt	$13M
Deferred Revenue	$5M
Other Current Liabilities	$38M
TOTAL CURRENT LIABILITIES	$266M
Long-Term Debt	$357M
Deferred Revenue NC	$81M
Deferred Tax Liabilities	$129M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$571M
TOTAL LIABILITIES	$837M
Common Stock	$532M
Additional Paid-In Capital	-$15M
Retained Earnings	$267M
Treasury Stock	-$53M
Accum. Other Comp. Income	$879M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.6B
Minority Interest	$1.3K
TOTAL EQUITY	$1.6B
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$381M
Net Debt	$337M