Mineros SA

BVC:MINEROS

Colombia / Materials / Metals & Mining

Overview

News

10Y Historical Financials

Stock Price

5,500.00 COP


Key Metrics	Latest
Total Revenue	538.6 M
Adjusted EBITDA	179.6 M
EBITDA Margin	33.3%
Net Profit Margin	15.4%
Total Assets	582 M
Total Debt	25.927 M

10Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending										Latest
(in millions)	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	12 Months

Revenue	184	229	265	248	411	525	496	415	447	539	539
% Growth		24.5%	15.9%	-6.5%	65.8%	27.7%	-5.4%	-16.4%	7.8%	20.4%

Adjusted EBITDA	48	74	90	72	100	173	123	150	168	180	180
% Margin	26.0%	32.1%	33.8%	29.2%	24.3%	32.9%	24.8%	36.2%	37.6%	33.3%	33.3%

Adjusted EBIT	20	49	61	34	61	127	72	97	111	145	145
% Margin	11.0%	21.5%	22.9%	13.7%	14.9%	24.3%	14.6%	23.3%	24.8%	26.8%	26.8%

Adjusted Net Income	7	29	39	38	38	67	41	8	17	83	83
% Margin	3.9%	12.7%	14.8%	15.2%	9.2%	12.8%	8.2%	2.0%	3.8%	15.4%	15.4%

Adjusted Basic EPS	0.03	0.11	0.15	0.14	0.14	0.26	0.15	0.03	0.06	0.28	0.28

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
											Original
USD	Fiscal Year Ending										Latest
(in millions)	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-24
	FY - 9	FY - 8	FY - 7	FY - 6	FY - 5	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM

Revenue	184	229	265	248	411	525	496	415	447	539	539
% Growth	NA	24.5%	15.9%	-6.5%	65.8%	27.7%	-5.4%	-16.4%	7.8%	20.4%

Cost of Revenue	(126)	(148)	(174)	(179)	(317)	(343)	(371)	(283)	(303)	(356)	(356)
Gross Profit	58	81	91	68	94	181	125	132	145	183	183
% Revenue	31.3%	35.4%	34.3%	27.6%	22.9%	34.5%	25.2%	31.8%	32.3%	34.0%	34.0%

Research and Development	0	0	0	0	0	0	0	0	0	0	0
Selling and Marketing	0	0	0	0	0	0	0	0	0	0	0
General and Admin	(5)	(7)	(8)	(9)	(17)	(27)	(32)	(27)	(24)	(28)	(28)
Other Inc / (Exp)	(25)	(15)	(17)	(5)	(17)	(32)	(9)	(6)	(11)	(7)	(7)
Total Operating Exp	(30)	(23)	(25)	(13)	(34)	(59)	(40)	(33)	(34)	(35)	(35)

Operating Income	28	59	66	55	60	122	84	99	110	148	148
% Revenue	15.0%	25.6%	24.8%	22.2%	14.6%	23.3%	17.0%	23.7%	24.6%	27.5%	27.5%

Interest Expense	(2)	(5)	(4)	(3)	(6)	(8)	(7)	(5)	(7)	(7)	(7)
Pre-tax Income	26	54	62	52	53	115	77	94	103	142	142
Earnings of Discontinued Ops.	0	0	0	0	(1)	0	0	(52)	(57)	0	0
Provision for Taxes	(6)	(24)	(22)	0	(15)	(46)	(34)	(38)	(28)	(55)	(55)
Net Income to Company	20	30	39	52	37	69	43	4	17	87	87
% Margin	10.6%	12.9%	14.9%	21.0%	9.1%	13.1%	8.7%	1.1%	3.8%	16.1%	16.1%

Minority Interest in Earnings	(0)	(0)	(0)	(0)	(0)	(0)	(0)	0	0	0	0
Net Income to Stockholders	19	29	39	52	37	69	43	4	17	87	87

Preferred Dividends	0	0	0	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	1	0	0	52	57	0	0

Net Income to Common	19	29	39	52	38	69	43	56	75	87	87
% Margin	10.5%	12.8%	14.8%	20.9%	9.2%	13.1%	8.7%	13.5%	16.7%	16.1%	16.1%

As Reported
Basic EPS (Continuing Ops)	0.07	0.11	0.15	0.20	0.15	0.26	0.16	0.19	0.25	0.29	0.29
Diluted EPS (Continuing Ops)	0.07	0.11	0.15	0.20	0.15	0.26	0.16	0.19	0.25	0.29	0.29

WA Basic Shares Out.	261.69	261.69	261.69	261.69	261.69	261.69	264.86	299.74	299.74	299.74	299.74
WA Diluted Shares Out.	261.69	261.69	261.69	261.69	261.69	261.69	264.86	299.74	299.74	299.74	299.74

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	26	54	62	52	53	115	77	94	103	142	142
Addback: Net Interest Expense	2	5	4	3	6	8	7	5	7	7	7
Addback: Other Non Operating Expenses, Total	9	(9)	(5)	(2)	1	8	(9)	(7)	1	1	1
Addback: Depreciation & Amortization	28	24	29	38	39	45	51	54	57	35	35
Addback: Restructuring Charges	0	0	0	0	0	1	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	2	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	1	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	(1)	(0)	(0)	(0)	(0)	(0)	(0)	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	(15)	0	0	0	0	(1)	0	0	0	0	0
Addback: Asset Writedown	(1)	(1)	(0)	29	1	(2)	(4)	5	(1)	0	0
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0	0	(5)	(5)
Addback: Legal Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	0	0	0	(51)	0	0	0	0	0	0	0
Adjusted EBITDA	48	74	90	72	100	173	123	150	168	180	180
% Margin	26.0%	32.1%	33.8%	29.2%	24.3%	32.9%	24.8%	36.2%	37.6%	33.3%	33.3%

Adjusted EBIT	20	49	61	34	61	127	72	97	111	145	145
% Margin	11.0%	21.5%	22.9%	13.7%	14.9%	24.3%	14.6%	23.3%	24.8%	26.8%	26.8%

Adjusted Net Income Reconciliation
Net Income to Company	20	30	39	52	37	69	43	4	17	87	87
Addback: Unusual Items	(17)	(1)	(0)	(19)	1	(3)	(4)	5	(1)	(5)	(5)
Less: Tax Benefit of Unusual Items (26%)	4	0	0	5	(0)	1	1	(1)	0	1	1
Adjusted Net Income	7	29	39	38	38	67	41	8	17	83	83
% Margin	3.9%	12.7%	14.8%	15.2%	9.2%	12.8%	8.2%	2.0%	3.8%	15.4%	15.4%

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Mineros SA

BVC:MINEROS

Colombia / Materials / Metals & Mining

10Y Historical Financials