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Stock impact report

Tecnoglass Reports Record Fourth Quarter and Full Year 2024 Results

Tecnoglass Inc. Ordinary Shares (TGLS) 
Last tecnoglass inc. ordinary shares earnings: 3/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.tecnoglass.com
Company Research Source: GlobeNewswire
- Full Year Revenues Increased 6.8% to a Record $890.2 Million Through Entirely Organic Growth, Including Geographical Expansion and Entry into Attractive Vinyl Market - - Full Year Single-Family Residential Revenue Grew to a Record $372.1 Million, Up 10.9% Year-Over-Year - - Full Year Net Income of $161.3 Million, or $3.43 Per Diluted Share; Full Year Adjusted Net Income1 of $171.6 Million, or $3.65 Per Diluted Share - - Full Year Adjusted EBITDA1 of $275.8 Million, Representing 31.0% of Revenues - - Full Year Gross Profit of $380.0 Million, Representing 42.7% of Revenues - - All-Time High Quarterly and Full Year Cash Flow from Operations of $61.1 Million and $170.5 Million Respectively, Representing 61.8% of Adjusted EBITDA1 for the Year - - All-Time Low Net Leverage Ratio, with a Net Cash Position at Year End; Paid Down $65 Million in Debt Throughout 2024 - - Backlog Expanded 27.6% Year-Over-Year to a Record $1.1 Billion - - Returned $19.7 Million to Shareholders Through Di Show less Read more
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