Tecnoglass Historical Income Statement

TGLS Stock

USD 80.06 0.76 0.96%

Historical analysis of Tecnoglass income statement accounts such as Total Revenue of 421 M, Gross Profit of 410.5 M, Other Operating Expenses of 332.6 M or Operating Income of 272.8 M can show how well Tecnoglass performed in making a profits. Evaluating Tecnoglass income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tecnoglass's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Tecnoglass latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tecnoglass is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tecnoglass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.

About Tecnoglass Income Statement Analysis

Tecnoglass Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tecnoglass shareholders. The income statement also shows Tecnoglass investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tecnoglass Income Statement Chart

At this time, Tecnoglass' Non Operating Income Net Other is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 1.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 33.3 M in 2024.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Tecnoglass generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tecnoglass minus its cost of goods sold. It is profit before Tecnoglass operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tecnoglass. It is also known as Tecnoglass overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Tecnoglass income statement and represents the costs associated with goods and services Tecnoglass provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Tecnoglass' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tecnoglass current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tecnoglass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.At this time, Tecnoglass' Non Operating Income Net Other is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 1.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 33.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	10.7M	8.2M	13.3M	15.2M
Depreciation And Amortization	19.6M	17.9M	19.7M	18.0M

Interest Expense Depreciation And Amortization

Tecnoglass income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Non Operating Income Net Other	Total Other Income Expense Net	Net Income	Income Tax Expense	Non Recurring	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.85	0.75	0.77	0.68	0.53	0.78	0.44	0.38	0.42	-0.17	0.47	0.78	0.76	0.34	0.16	-0.64	0.33	0.34	0.78	-0.79	0.14	0.25	0.09	0.13
Interest Expense	0.85		0.42	0.42	0.31	0.2	0.44	0.11	0.07	0.09	0.02	0.14	0.45	0.42	0.0	0.02	-0.6	0.01	0.0	0.69	-0.47	-0.17	0.18	-0.36	0.24
Selling General Administrative	0.75	0.42		0.92	0.98	0.84	0.99	0.8	0.76	0.79	-0.28	0.82	0.98	0.98	0.75	0.55	-0.28	0.75	0.75	0.68	-0.9	0.62	0.2	0.58	-0.17
Selling And Marketing Expenses	0.77	0.42	0.92		0.94	0.81	0.95	0.77	0.71	0.76	-0.2	0.78	0.94	0.97	0.71	0.5	-0.33	0.7	0.73	0.74	-0.86	0.55	0.07	0.63	-0.18
Total Revenue	0.68	0.31	0.98	0.94		0.87	0.99	0.84	0.8	0.83	-0.24	0.85	0.99	0.99	0.8	0.6	-0.22	0.79	0.8	0.65	-0.87	0.68	0.13	0.66	-0.21
Gross Profit	0.53	0.2	0.84	0.81	0.87		0.85	0.99	0.98	0.99	-0.2	1.0	0.84	0.85	0.98	0.77	-0.05	0.97	0.97	0.54	-0.86	0.91	0.17	0.77	-0.62
Other Operating Expenses	0.78	0.44	0.99	0.95	0.99	0.85		0.81	0.77	0.8	-0.23	0.82	1.0	0.99	0.75	0.56	-0.31	0.75	0.75	0.71	-0.9	0.61	0.16	0.58	-0.15
Operating Income	0.44	0.11	0.8	0.77	0.84	0.99	0.81		0.99	1.0	-0.21	1.0	0.8	0.81	0.99	0.79	0.02	0.99	0.99	0.47	-0.82	0.94	0.16	0.8	-0.66
Net Income From Continuing Ops	0.38	0.07	0.76	0.71	0.8	0.98	0.77	0.99		0.99	-0.18	0.99	0.76	0.76	0.99	0.85	0.12	1.0	0.97	0.44	-0.77	0.95	0.14	0.78	-0.68
Ebit	0.42	0.09	0.79	0.76	0.83	0.99	0.8	1.0	0.99		-0.2	1.0	0.79	0.8	0.99	0.8	0.05	0.99	0.99	0.45	-0.8	0.95	0.16	0.8	-0.67
Research Development	-0.17	0.02	-0.28	-0.2	-0.24	-0.2	-0.23	-0.21	-0.18	-0.2		-0.2	-0.24	-0.21	-0.19	0.09	0.32	-0.21	-0.14	0.07	0.34	-0.18	-0.58	-0.18	-0.14
Ebitda	0.47	0.14	0.82	0.78	0.85	1.0	0.82	1.0	0.99	1.0	-0.2		0.82	0.82	0.99	0.79	0.01	0.98	0.98	0.49	-0.83	0.93	0.17	0.78	-0.64
Cost Of Revenue	0.78	0.45	0.98	0.94	0.99	0.84	1.0	0.8	0.76	0.79	-0.24	0.82		0.99	0.75	0.56	-0.31	0.74	0.75	0.7	-0.9	0.61	0.17	0.57	-0.14
Total Operating Expenses	0.76	0.42	0.98	0.97	0.99	0.85	0.99	0.81	0.76	0.8	-0.21	0.82	0.99		0.76	0.55	-0.29	0.75	0.77	0.73	-0.88	0.62	0.13	0.61	-0.19
Income Before Tax	0.34	0.0	0.75	0.71	0.8	0.98	0.75	0.99	0.99	0.99	-0.19	0.99	0.75	0.76		0.83	0.13	1.0	0.99	0.4	-0.76	0.97	0.12	0.82	-0.7
Non Operating Income Net Other	0.16	0.02	0.55	0.5	0.6	0.77	0.56	0.79	0.85	0.8	0.09	0.79	0.56	0.55	0.83		0.43	0.83	0.81	0.31	-0.51	0.82	-0.03	0.56	-0.61
Total Other Income Expense Net	-0.64	-0.6	-0.28	-0.33	-0.22	-0.05	-0.31	0.02	0.12	0.05	0.32	0.01	-0.31	-0.29	0.13	0.43		0.14	0.11	-0.26	0.44	0.27	-0.15	0.19	-0.31
Net Income	0.33	0.01	0.75	0.7	0.79	0.97	0.75	0.99	1.0	0.99	-0.21	0.98	0.74	0.75	1.0	0.83	0.14		0.98	0.4	-0.76	0.97	0.13	0.82	-0.7
Income Tax Expense	0.34	0.0	0.75	0.73	0.8	0.97	0.75	0.99	0.97	0.99	-0.14	0.98	0.75	0.77	0.99	0.81	0.11	0.98		0.4	-0.74	0.97	0.1	0.82	-0.7
Non Recurring	0.78	0.69	0.68	0.74	0.65	0.54	0.71	0.47	0.44	0.45	0.07	0.49	0.7	0.73	0.4	0.31	-0.26	0.4	0.4		-0.59	0.23	-0.13	0.22	-0.04
Minority Interest	-0.79	-0.47	-0.9	-0.86	-0.87	-0.86	-0.9	-0.82	-0.77	-0.8	0.34	-0.83	-0.9	-0.88	-0.76	-0.51	0.44	-0.76	-0.74	-0.59		-0.62	-0.19	-0.56	0.33
Tax Provision	0.14	-0.17	0.62	0.55	0.68	0.91	0.61	0.94	0.95	0.95	-0.18	0.93	0.61	0.62	0.97	0.82	0.27	0.97	0.97	0.23	-0.62		0.11	0.8	-0.75
Interest Income	0.25	0.18	0.2	0.07	0.13	0.17	0.16	0.16	0.14	0.16	-0.58	0.17	0.17	0.13	0.12	-0.03	-0.15	0.13	0.1	-0.13	-0.19	0.11		-0.05	0.18
Net Interest Income	0.09	-0.36	0.58	0.63	0.66	0.77	0.58	0.8	0.78	0.8	-0.18	0.78	0.57	0.61	0.82	0.56	0.19	0.82	0.82	0.22	-0.56	0.8	-0.05		-0.61
Reconciled Depreciation	0.13	0.24	-0.17	-0.18	-0.21	-0.62	-0.15	-0.66	-0.68	-0.67	-0.14	-0.64	-0.14	-0.19	-0.7	-0.61	-0.31	-0.7	-0.7	-0.04	0.33	-0.75	0.18	-0.61

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Tecnoglass Account Relationship Matchups

Tecnoglass income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	24.9M	19.3M	19.6M	17.9M	19.7M	18.0M
Interest Expense	22.8M	21.7M	10.7M	8.2M	13.3M	15.2M
Selling General Administrative	35.1M	34.2M	35.8M	54.1M	63.1M	33.3M
Selling And Marketing Expenses	41.9M	39.0M	49.8M	69.0M	56.0M	40.1M
Total Revenue	430.9M	374.9M	496.8M	716.6M	833.3M	421.0M
Gross Profit	135.8M	139.3M	202.6M	349.5M	390.9M	410.5M
Other Operating Expenses	372.1M	308.8M	379.8M	490.2M	573.5M	332.6M
Operating Income	58.8M	66.1M	117.0M	226.4M	259.8M	272.8M
Net Income From Continuing Ops	24.5M	24.2M	68.4M	156.4M	202.2M	212.3M
Ebit	58.8M	58.4M	117.0M	235.5M	269.7M	283.2M
Ebitda	83.7M	77.7M	136.6M	253.3M	289.4M	303.9M
Cost Of Revenue	295.1M	235.7M	294.2M	367.1M	442.3M	257.2M
Total Operating Expenses	77.0M	73.1M	85.6M	123.1M	131.2M	75.4M
Income Before Tax	37.2M	37.2M	96.9M	231.2M	261.4M	274.5M
Non Operating Income Net Other	1.7M	(7.1M)	(10.4M)	22.1M	25.4M	26.7M
Total Other Income Expense Net	(21.6M)	(28.5M)	(20.1M)	4.8M	1.7M	1.7M
Net Income Applicable To Common Shares	24.5M	24.2M	68.2M	155.7M	179.1M	188.1M
Net Income	24.5M	23.9M	68.2M	155.7M	182.9M	192.0M
Income Tax Expense	12.9M	13.0M	28.5M	74.8M	77.9M	81.8M
Minority Interest	(266K)	(25K)	(277K)	(669K)	(643K)	(610.9K)
Tax Provision	12.9M	13.0M	28.5M	74.8M	89.9M	94.4M
Net Interest Income	(24.0M)	(21.7M)	(10.7M)	(8.2M)	(12.5M)	(13.1M)
Reconciled Depreciation	22.7M	20.6M	20.9M	19.7M	20.4M	17.0M

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Tecnoglass Historical Income Statement

About Tecnoglass Income Statement Analysis

Tecnoglass Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Tecnoglass income statement Correlations

Tecnoglass Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tecnoglass income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Ebitda	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Net Income	+ 1.0	Net Income From Continuing Ops
Ebitda	+ 1.0	Ebit

Minority Interest	- 0.9	Cost Of Revenue
Minority Interest	- 0.9	Other Operating Expenses
Minority Interest	- 0.9	Selling General Administrative
Minority Interest	- 0.88	Total Operating Expenses
Minority Interest	- 0.87	Total Revenue
Minority Interest	- 0.86	Gross Profit