Tecnoglass inc. (TGLS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Nov'13Sep'13Aug'13Jun'13May'13Mar'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11
Operating revenues:
Total operating revenues

87,298

101,391

108,470

113,883

107,168

97,863

96,992

88,969

87,160

-

83,384

80,976

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

56,871

72,052

72,729

75,046

75,276

63,729

62,299

64,327

60,412

-

56,200

58,432

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

External customers

-

-

-

-

-

-

-

-

-

-

-

-

64,443

-

78,076

78,353

60,884

101,219

47,148

45,830

38,100

34,505

42,416

38,043

34,858

-

-

-

-

-

-

-

-

-

-

-

-

-

Related parties

-

-

-

-

-

-

-

-

-

-

-

-

1,374

-

2,997

1,460

2,971

-31,968

15,744

12,223

13,943

9,717

11,037

13,893

12,983

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating revenues

-

-

-

-

-

-

-

-

-

-

-

-

65,817

-

81,073

79,813

63,855

69,251

62,892

58,053

52,043

44,222

53,453

51,936

47,841

53,832

-

45,501

-

44,330

-

39,631

-

-

-

-

-

-

Cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

43,565

-

49,778

51,823

39,165

41,583

39,186

37,179

33,433

29,182

35,803

33,959

32,212

38,002

-

31,184

-

30,971

-

27,718

-

-

-

-

-

-

Gross profit

30,427

29,339

35,741

38,837

31,892

34,134

34,693

24,642

26,748

27,202

27,184

22,544

22,252

28,672

31,295

27,990

24,690

27,668

23,706

20,874

18,610

15,040

17,650

17,977

15,629

15,830

-

14,317

-

13,359

-

11,913

-

-

-

-

-

-

Operating expenses:
Selling expense

9,668

9,810

11,334

11,219

9,562

10,764

10,922

8,567

9,137

23,230

7,932

9,528

-6,906

61,049

-8,800

-9,094

-6,202

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative expense

7,610

8,766

8,855

9,354

8,094

9,054

8,504

8,453

7,621

23,084

7,851

7,600

-7,501

48,068

-7,319

-6,163

-6,740

-

-

-

-

-

-

-

-

-

322

-

120

-

75

-

118

95

165

59

12

4

Provision for bad debt and write offs

-

-

-

-

-

-

-

-

-

-

-

-

983

-

-887

-5

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

17,278

18,576

20,189

20,573

17,656

53,334

19,426

17,020

-16,758

47,297

15,783

17,128

-15,390

110,009

-17,006

-15,262

-12,942

16,203

12,890

11,566

10,608

11,734

10,000

9,558

7,772

5,459

-

8,219

-

7,480

-

6,991

-

-

-

-

-

-

Operating income

13,149

10,763

15,552

18,264

14,236

14,316

15,267

7,622

9,990

10,685

11,401

5,416

6,862

9,083

14,289

12,728

11,748

11,465

10,816

9,308

8,002

3,306

7,650

8,419

7,857

-

-322

6,098

-120

5,879

-75

4,922

-118

-95

-165

-59

-12

-4

Change in fair value of earnout shares liability

-

-

-

-

-

-

-

-

-

-

-

-

-

270

-2,630

3,330

3,704

-667

-2,519

-9,653

1,981

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-operating (expenses) income, net

-101

487

450

353

275

327

780

709

1,099

585

656

922

1,027

1,323

569

1,246

1,017

-

2,608

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity method income

260

-

295

-22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency transactions (losses) gains

-32,466

8,948

-12,006

-1,201

3,286

-13,633

-2,494

-8,307

9,973

-2,134

5,394

-8,713

2,425

-1,555

2,434

-1,009

-1,257

-

8,136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

12

13

-2

-3,159

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense and deferred cost of financing

5,643

5,586

5,876

5,757

5,587

5,636

5,140

5,361

5,050

-

4,633

5,175

5,082

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

4,677

4,771

4,242

3,124

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-operating income (loss), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,417

3,725

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of earnout shares liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,861

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-operating income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,755

1,003

1,191

1,286

1,721

-

536

-

862

-

879

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,307

2,050

2,152

2,253

2,380

2,294

1,973

2,511

-

1,888

-

1,818

-

1,669

-

-

-

-

-

-

(Loss) Income before taxes

-24,801

14,935

-1,585

11,637

12,210

-4,626

8,413

-5,337

16,012

4,166

12,831

-7,552

2,073

5,507

-2,994

18,740

17,999

3,820

6,586

-17,369

16,634

13,956

14,890

-3,776

-7,021

19,327

-

4,746

-

4,923

-

4,132

-

-

-

-

-

-

Income tax benefit (provision)

-6,133

4,338

-266

3,977

4,879

-211

2,261

-1,467

5,393

2,997

5,806

-4,052

1,042

22,279

-5,789

-4,061

3,643

3,764

8,524

3,631

4,772

1,534

1,770

2,263

2,971

3,794

-

1,552

-

1,719

-

1,631

-

-

-

-

-

-

Net (loss) income

-18,668

10,597

-1,319

7,660

7,331

-4,415

6,152

-3,870

10,619

1,169

7,025

-3,500

1,031

2,928

-8,783

14,679

14,356

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Income) Loss attributable to non-controlling interest

98

-296

-144

181

-7

-116

-145

-212

-72

103

101

60

12

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,132

-

426

-

-257

-

231

-1,038

-334

12,110

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

9

-

9

-

5

9

6

5

0

0

(Loss) Income attributable to parent

-18,766

10,893

-1,175

7,479

7,338

-4,299

6,297

-3,658

10,691

1,066

6,924

-3,560

1,019

2,928

-8,783

14,679

14,356

56

-1,938

-21,000

11,862

12,422

13,120

-6,039

-9,992

-

-3,451

3,194

-536

3,204

190

2,501

-343

952

175

-12,163

-12

-4

Comprehensive income:
Net (loss) income

-18,668

10,597

-1,319

7,660

7,331

-4,415

6,152

-3,870

10,619

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-18,668

10,597

-1,319

7,660

7,331

-4,415

6,152

-3,870

10,619

1,169

7,025

-3,500

1,031

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to parent

-18,766

10,893

-1,175

7,479

7,338

-4,299

6,297

-3,658

10,691

1,066

6,924

-3,560

1,019

2,928

-8,783

14,679

14,356

56

-1,938

-21,000

11,862

12,422

13,120

-6,039

-9,992

-

-3,451

3,194

-536

3,204

190

2,501

-343

952

175

-12,163

-12

-4

Foreign currency translation adjustments

-19,288

6,053

-8,486

-2,052

1,770

-8,971

-1,998

-6,139

8,701

-2,165

3,163

-5,250

4,801

-6,721

3,459

3,489

1,742

-50

-14,111

-410

-5,167

-12,030

-6,680

2,885

-176

-2,262

-

-327

-

-342

-

1,978

-

-

-

-

-

-

Gain (loss) on change in fair value of Earnout Shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,447

-5,311

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value derivative contracts

-4,065

-

-941

-

-

-

-

-

-

-

-

-

-

1,063

-12,885

6,687

5,911

-3,440

-10,148

-16,391

5,078

5,058

6,756

-4,645

-8,880

7,626

-

0

-

0

-

0

-

-

-

-

-

-

Total comprehensive (loss) income

-42,021

18,281

-10,746

5,427

9,101

-13,670

4,154

-9,797

19,392

-

10,087

-8,810

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive (income) loss attributable to non-controlling interest

98

-296

-144

181

-7

-116

-145

-212

-72

-

101

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total comprehensive (loss) income attributable to parent

-42,119

18,215

-10,602

5,608

9,108

-12,986

4,299

-10,009

19,320

-996

10,188

-8,750

5,832

-3,793

-5,324

18,168

16,098

6

-16,049

-21,410

6,695

392

6,440

-3,154

-10,168

13,271

-

2,867

-

2,862

-

4,479

-

-

-

-

-

-

Basic (loss) income per share

-0.40

0.23

-0.03

0.17

0.18

-0.11

0.15

-0.10

0.28

0.04

0.19

-0.10

0.03

-0.02

-0.29

0.51

0.51

0.06

-0.08

-0.84

0.48

0.51

0.54

-0.25

-0.41

0.74

-

0.16

-

0.16

-

0.12

-

-

-

-

-

-

Diluted (loss) income per share

-0.40

0.23

-0.03

0.17

0.18

-0.12

0.15

-0.10

0.28

0.03

0.19

-0.10

0.03

0.08

-0.29

0.44

0.46

0.12

-0.08

-0.84

0.42

0.54

0.46

-0.25

-0.41

0.74

-

0.16

-

0.16

-

0.12

-

-

-

-

-

-

Basic weighted average common shares outstanding

46,117

47,200

45,519

44,840

40,295

40,461

40,294

38,200

37,393

40,031

36,256

35,763

35,292

43,998

30,349

28,890

28,220

40,950

25,426

25,147

24,801

24,472

24,364

24,311

24,242

21,006

-

20,567

-

20,567

-

20,567

-

-

-

-

-

-

Diluted weighted average common shares outstanding

46,117

45,885

45,519

45,603

40,847

40,750

40,887

38,200

38,112

41,298

36,731

35,763

35,753

38,737

30,349

33,214

31,360

37,636

25,426

25,147

28,114

32,084

28,637

27,986

24,242

21,155

-

20,567

-

20,567

-

20,567

-

-

-

-

-

-

Weighted average shares outstanding, basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,575

-

1,575

-

1,575

-

-

1,575

1,575

1,452

-

-

Weighted average shares outstanding, basic and diluted(1)(2) (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,599

1,487

1,050

1,050

Basic and diluted net loss per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2.19

-

-0.34

-

0.12

-

15.05

0.60

0.11

-8.37

0.02

0.00

External Customers [Member]
Total operating revenues

86,106

98,310

106,741

112,259

104,808

96,329

95,325

87,785

86,207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related Parties [Member]
Total operating revenues

1,192

3,081

1,729

1,624

2,360

-

1,667

1,184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related Parties Revenue [Member]
Total operating revenues

-

-

-

-

-

-

-

-

953

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-