| ARS billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 865.7 | 2,864.5 | 8,519.8 | 13,894.6 | 10,626.6 | 12,418.3 | +16.9% | |
| Cost of revenue | 368.2 | 1,233.7 | 4,190.6 | 7,013.5 | 3,962.9 | 6,750.2 | +70.3% | |
| Gross profit | 497.5 | 1,630.8 | 4,329.2 | 6,881.1 | 6,663.7 | 5,668.1 | −14.9% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 149.1 | 444.1 | 1,020.3 | 1,131.9 | 1,425.8 | 2,126.9 | +49.2% | |
| Selling & marketing | 4.7 | 14.0 | 28.9 | 31.1 | 37.7 | 61.9 | +64.1% | |
| Operating expenses | 361.3 | 1,342.7 | 3,884.8 | 5,698.6 | 4,452.5 | 5,364.3 | +20.5% | |
| Operating income | 136.1 | 288.1 | 444.5 | 1,182.5 | 2,211.2 | 303.9 | −86.3% | |
| Interest expense | 267.7 | 1,100.5 | 3,835.0 | 6,598.3 | 3,100.1 | 3,880.6 | +25.2% | |
| Interest income | 492.1 | 1,760.2 | 4,861.5 | 10,353.1 | 8,244.2 | 9,681.2 | +17.4% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 136.1 | 288.1 | 444.5 | 1,182.5 | 2,211.2 | 303.9 | −86.3% | |
| Income tax | 61.1 | 99.5 | 115.1 | 448.2 | 586.6 | 91.2 | −84.4% | |
| Net income | 74.0 | 188.6 | 329.4 | 734.2 | 1,624.7 | 212.5 | −86.9% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 268.60 | 1,279.00 | 1,025.70 | 5,405.60 | 11,868.00 | 1,422.00 | −88.0% | |
| EPS, diluted (per share) | 268.60 | 1,279.00 | 1,025.70 | 5,405.60 | 11,868.00 | 1,422.00 | −88.0% | |
| EBITDA | 160.5 | 376.1 | 633.5 | 1,366.0 | 2,399.3 | 608.4 | −74.6% | |
| Depreciation & amortization | 24.4 | 87.9 | 189.0 | 183.5 | 188.1 | 304.6 | +62.0% | |
| Weighted average shares (shares) | 143,176,600 | 147,986,100 | 147,986,100 | 147,986,100 | 159,408,200 | 160,625,400 | +0.8% | |
| Weighted average diluted shares (shares) | 143,176,600 | 147,986,100 | 147,986,100 | 147,986,100 | 159,408,200 | 160,625,400 | +0.8% | |
| Gross margin | 57.5% | 56.9% | 50.8% | 49.5% | 62.7% | 45.6% | −17.1 pts | |
| Operating margin | 15.7% | 10.1% | 5.2% | 8.5% | 20.8% | 2.4% | −18.4 pts | |
| Net margin | 8.5% | 6.6% | 3.9% | 5.3% | 15.3% | 1.7% | −13.6 pts |
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.
