TITAN Income Statement - TTM - Manufacturas de Cemento S.A.

Income Statement (TTM)

Manufacturas de Cemento S.A. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31
Revenue	37,847	36,955	39,298	46,023	49,899	59,452	82,541	86,710	106,488	115,556	116,733	128,555	129,067	137,337	128,250	125,976	111,160	95,904
Change (%)		-2.36	6.34	17.11	8.42	19.14	38.84	5.05	22.81	8.52	1.02	10.13	0.40	6.41	-6.62	-1.77	-11.76	-13.72
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	30,220	29,676	31,505	35,943	37,360	44,659	61,625	65,734	82,382	90,434	90,434	97,816	96,646	101,249	94,379	92,434	81,528	69,451
Change (%)		-1.80	6.16	14.09	3.94	19.54	37.99	6.67	25.33	9.77	0.00	8.16	-1.20	4.76	-6.79	-2.06	-11.80	-14.81
% of Revenue	79.85	80.30	80.17	78.10	74.87	75.12	74.66	75.81	77.36	78.26	77.47	76.09	74.88	73.72	73.59	73.37	73.34	72.42

Gross Operating Profit	7,626	7,279	7,793	10,080	12,539	14,793	20,917	20,977	24,105	25,122	26,299	30,739	32,420	36,088	33,871	33,542	29,632	26,453
Change (%)		-4.56	7.07	29.35	24.39	17.97	41.39	0.29	14.92	4.22	4.69	16.88	5.47	11.31	-6.14	-0.97	-11.66	-10.73
% of Revenue	20.15	19.70	19.83	21.90	25.13	24.88	25.34	24.19	22.64	21.74	22.53	23.91	25.12	26.28	26.41	26.63	26.66	27.58

SG&A	5,025	4,677	4,643	4,797	4,610	4,945	7,142	5,864	6,344	6,888	7,448	7,863	8,290	8,288	7,967	8,320	7,963	7,910
Change (%)		-6.91	-0.73	3.31	-3.89	7.27	44.41	-17.89	8.18	8.59	8.12	5.58	5.43	-0.03	-3.87	4.43	-4.29	-0.67
% of Revenue	13.28	12.66	11.81	10.42	9.24	8.32	8.65	6.76	5.96	5.96	6.38	6.12	6.42	6.03	6.21	6.60	7.16	8.25

R&D
Change (%)
% of Revenue

OpEx	35,977	35,097	36,902	41,640	42,937	50,647	69,643	72,856	90,079	98,773	97,839	107,219	106,530	111,122	104,303	102,341	91,022	78,861
Change (%)		-2.45	5.14	12.84	3.11	17.96	37.51	4.61	23.64	9.65	-0.95	9.59	-0.64	4.31	-6.14	-1.88	-11.06	-13.36
% of Revenue	95.06	94.97	93.90	90.48	86.05	85.19	84.37	84.02	84.59	85.48	83.81	83.40	82.54	80.91	81.33	81.24	81.88	82.23

Operating Income	1,870	1,858	2,396	4,383	6,963	8,805	12,898	13,854	16,409	16,783	18,894	21,335	22,537	26,215	23,947	23,635	20,138	17,043
Change (%)		-0.63	28.99	82.91	58.86	26.46	46.48	7.41	18.44	2.28	12.58	12.92	5.63	16.32	-8.65	-1.30	-14.80	-15.37
% of Revenue	4.94	5.03	6.10	9.52	13.95	14.81	15.63	15.98	15.41	14.52	16.19	16.60	17.46	19.09	18.67	18.76	18.12	17.77

Interest Expense	-1,055	-1,007	-779	-923	-968	-929	-1,623	-2,161	-2,880	-3,355	-3,626	-3,877	-4,040	-4,083	-3,771	-3,483	-3,103	-3,104
Change (%)		-4.58	-22.64	18.54	4.91	-4.06	74.68	33.16	33.26	16.49	8.06	6.94	4.19	1.07	-7.65	-7.64	-10.91	0.06
% of Revenue	-2.79	-2.72	-1.98	-2.01	-1.94	-1.56	-1.97	-2.49	-2.70	-2.90	-3.11	-3.02	-3.13	-2.97	-2.94	-2.76	-2.79	-3.24

Net Income	835	489	1,909	-1,257	454	1,313	4,232	8,112	8,672	8,696	9,446	12,022	12,431	16,001	14,344	13,704	12,499	10,091
Change (%)		-41.41	290.39	-165.82	-136.16	189.01	222.24	91.71	6.90	0.28	8.62	27.28	3.40	28.72	-10.35	-4.46	-8.80	-19.26
% of Revenue	2.21	1.32	4.86	-2.73	0.91	2.21	5.13	9.36	8.14	7.53	8.09	9.35	9.63	11.65	11.18	10.88	11.24	10.52

Source: Capital IQ

Manufacturas de Cemento S.A. - Income Statement (TTM)

Income Statement (TTM)