Tecnoglass reports record Q4 revenue $239.6M; backlog $1.1B; introduces FY2025 guidance

Tecnoglass Inc.

2024-FY EPS reported $3.43 revenue$890,181,000

Q4 revenue $239.6M (+23.1% YoY); gross margin 44.5% vs 42.6% YoY.
FY2024 revenue $890.2M (+6.8% YoY); net income $161.3M ($3.43 diluted EPS).
Adjusted EBITDA $275.8M (31% margin); record backlog $1.1B (+27.6% YoY).
Net cash position; $134.9M cash; paid down $65M debt in 2024; $305M total liquidity.
FY2025 outlook: revenue $940M-$1.02B; Adj. EBITDA $300-$340M at ~32.7% margin midpoint.

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