| ARS billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 136.1 | 288.1 | 204.1 | 732.2 | 747.1 | 303.9 | −59.3% | |
| Depreciation & amortization | 24.4 | 87.9 | 86.8 | 84.4 | 188.1 | 304.6 | +62.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 153.5 | 75.1 | 23.1 | (1,242.6) | (8,469.5) | (4,804.9) | +43.3% | |
| Operating cash flow | 540.3 | (281.9) | 1,794.3 | 6,217.5 | (2,702.1) | 326.8 | +112.1% | |
| Capital expenditure | (20.9) | (20.5) | (57.7) | (72.6) | (214.7) | (286.5) | −33.4% | |
| Acquisitions | (0.3) | (1.0) | (2.4) | (13.7) | 1,068.6 | (400.8) | −137.5% | |
| Investing cash flow | (19.9) | (17.6) | (137.7) | (178.3) | 939.3 | (12,544.3) | −1435.5% | |
| Dividends paid | (6.0) | (11.7) | (66.2) | (179.3) | (614.9) | (383.5) | +37.6% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | (1.0) | 0.0 | +100.0% | |
| Debt issued / repaid | (97.2) | 62.8 | 150.2 | (50.5) | 1,029.4 | 1,076.9 | +4.6% | |
| Financing cash flow | (103.2) | 51.1 | 84.0 | (500.3) | 413.5 | 873.8 | +111.3% | |
| Free cash flow | 519.3 | (302.5) | 1,736.6 | 1,593.3 | (2,916.8) | 40.3 | +101.4% | |
| Net change in cash | 184.7 | 425.6 | 237.4 | (1,882.0) | 291.3 | 788.6 | +170.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in ARS; the shares trade in USD.
