Tecnoglass Inc

For the period ended Mar 31, 2025. Filed May 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 8, 2025

TGLS$45.45-3.5%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Other Comprehensive Income

(In thousands, except share and per share data)

	Three months ended
	March 31,
	2025	2024
Operating revenues:
External customers	$221,272	$192,089
Related parties	1,016	538
Total operating revenues	222,288	192,627
Cost of sales	(124,763)	(117,967)
Gross profit	97,525	74,660
Operating expenses:
Selling expense	(23,617)	(17,583)
General and administrative expense	(18,855)	(16,055)
Total operating expenses	(42,472)	(33,638)
Other operating income	4,276	-
Operating income	59,329	41,022
Non-operating income, net	1,016	1,080
Equity method income	1,344	1,046
Foreign currency transactions gains loss	(509)	(153)
Interest expense and deferred cost of financing	(1,331)	(2,106)
Income before taxes	59,849	40,889
Income tax provision	(17,660)	(11,159)
Net income	$42,189	$29,730
Basic income per share	$0.90	$0.63
Diluted income per share	$0.90	0.63
Basic weighted average common shares outstanding	46,989,948	46,996,708
Diluted weighted average common shares outstanding	46,989,948	46,996,708
Other comprehensive income:
Foreign currency translation adjustments	19,576	30
Change in fair value of derivative contracts	(637)	1,036
Other comprehensive income	18,939	1,066
Comprehensive income	$61,128	$30,796

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.