Income Statement Fiplasto S.A.

Stocks

FIPL

ARP416191426

Forest & Wood Products

End-of-day quote Buenos Aires S.E. 2026-08-25			5-day change	1st Jan Change
147.50 ^ARS	-1.34%		-4.53%	-43.70%

05-13	Fiplasto S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2026	CI
02-12	Fiplasto S.A. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2025	CI

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Published financial data: FIPLASTO S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	1.88B	3.84B	8.47B	43.32B	32.01B
Total Revenues	1.88B	3.84B	8.47B	43.32B	32.01B
Cost of Goods Sold, Total	1.6B	2.76B	5.55B	24.62B	29.11B
Gross Profit	281M	1.08B	2.92B	18.7B	2.9B
Selling General & Admin Expenses, Total	173M	283M	700M	5.52B	5.89B
Other Operating Expenses	54.09M	131M	-1.39B	1.65B	6.32B
Other Operating Expenses, Total	227M	415M	-686M	7.17B	12.22B
Operating Income	54.42M	663M	3.61B	11.52B	-9.32B
Interest Expense, Total	-123M	-190M	-368M	-4.81B	-4.29B
Interest And Investment Income	161M	147M	-	253M	1.58B
Net Interest Expenses	38.23M	-42.42M	-368M	-4.56B	-2.72B
Currency Exchange Gains (Loss)	-148M	-159M	-1.78B	-13.9B	-613M
Other Non Operating Income (Expenses)	-	-	-1.16B	12.49B	7.64B
EBT, Excl. Unusual Items	-55.61M	461M	295M	5.56B	-5.01B
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	267K	6.04M	5.65B	-	14M
Asset Writedown	16.72M	246M	-1.02B	-42M	-177M
Insurance Settlements	-	46.99M	-	-	-
Legal Settlements	-4.78M	-13.11M	-9.88M	-2.29B	-475M
Other Unusual Items	-	-	-	-	2.88B
EBT, Incl. Unusual Items	-43.4M	746M	4.92B	3.22B	-2.77B
Income Tax Expense	-21.34M	422M	1.79B	-2.96B	-734M
Earnings From Continuing Operations	-22.06M	324M	3.13B	6.18B	-2.04B
Net Income to Company	-22.06M	324M	3.13B	6.18B	-2.04B
Net Income - (IS)	-22.06M	324M	3.13B	6.18B	-2.04B
Net Income to Common Incl Extra Items	-22.06M	324M	3.13B	6.18B	-2.04B
Net Income to Common Excl. Extra Items	-22.06M	324M	3.13B	6.18B	-2.04B
Per Share Items
Net EPS - Basic	-0.31	4.54	28.05	47.95	-15.8
Basic EPS - Continuing Operations	-0.31	4.54	28.05	47.95	-15.8
Basic Weighted Average Shares Outstanding	71.43M	71.43M	112M	129M	129M
Net EPS - Diluted	-0.31	4.54	28.05	47.95	-15.8
Diluted EPS - Continuing Operations	-0.31	4.54	28.05	47.95	-15.8
Diluted Weighted Average Shares Outstanding	71.43M	71.43M	112M	129M	129M
Normalized Basic EPS	-0.49	4.03	1.65	26.91	-24.27
Normalized Diluted EPS	-0.49	4.03	1.65	26.91	-24.27
Payout Ratio	-	-	-	-	-28.61
Supplemental Items
EBITDA	162M	834M	4.05B	14.27B	-5.12B
EBITA	54.42M	663M	3.61B	11.52B	-9.32B
EBIT	54.42M	663M	3.61B	11.52B	-9.32B
EBITDAR	-	-	-	-	-5.09B
Effective Tax Rate - (Ratio)	49.18	56.59	36.32	-92.02	26.48
Total Current Taxes	-	105M	-	2.77B	152M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-22.54M	317M	1.79B	-7.99B	-780M
Normalized Net Income	-34.76M	288M	184M	3.47B	-3.13B
Non-Cash Pension Expense	4.56M	7.57M	13.7M	113M	110M
Supplemental Operating Expense Items
Advertising Expense	25.24K	12.6K	-	-	199M
Marketing Expenses	-	-	-	1.49B	2.34B
Selling and Marketing Expenses	25.24K	12.6K	-	1.49B	2.53B
General and Administrative Expenses	111M	191M	514M	3.91B	3.24B
Net Rental Expense, Total	-	-	-	-	33M
Imputed Operating Lease Interest Expense	-	-	-	-	54.55M
Imputed Operating Lease Depreciation	-	-	-	-	-21.55M
Maintenance & Repair Expenses, Total	161M	318M	795M	3.68B	3.28B

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	5.74M	39.01M	2.72B	20.12B	14.5B
Short Term Investments	2.79M	28.72M	154M	-	-
Total Cash And Short Term Investments	8.53M	67.73M	2.87B	20.12B	14.5B
Accounts Receivable, Total	391M	618M	1.15B	4.51B	5.6B
Other Receivables	18.83M	25.78M	134M	339M	12.56B
Total Receivables	410M	644M	1.28B	4.85B	18.16B
Inventory	305M	582M	818M	5.64B	13.08B
Prepaid Expenses	3.09M	-	-	-	-
Other Current Assets, Total	7.89M	47.39M	30.32M	307M	1.88B
Total Current Assets	735M	1.34B	5B	30.92B	47.61B
Gross Property Plant And Equipment	8.51B	14.33B	32.25B	172B	251B
Accumulated Depreciation	-7.46B	-12.37B	-27.06B	-143B	-202B
Net Property Plant And Equipment	1.05B	1.96B	5.19B	28.65B	49.18B
Other Intangibles, Total	-	-	-	-	14M
Other Long-Term Assets, Total	126M	159M	341M	1.4B	1.82B
Total Assets	1.91B	3.46B	10.53B	60.97B	98.63B
Liabilities
Accounts Payable, Total	150M	325M	565M	2.63B	4B
Accrued Expenses, Total	112M	192M	453M	2.79B	4.13B
Short-term Borrowings	182M	217M	124M	-	-
Current Portion of Long-Term Debt	254M	277M	638M	5.16B	23.1B
Current Portion of Leases	779K	1.05M	-	-	-
Current Income Taxes Payable	-	-	36.45M	5.02B	-
Deferred Tax Liability Current	29.03M	106M	-	-	-
Other Current Liabilities	97.52M	147M	216M	1.16B	1.79B
Total Current Liabilities	824M	1.27B	2.03B	16.76B	33.03B
Long-Term Debt	454M	529M	28.96M	22M	13.28B
Long-Term Leases	2.43M	1.67M	-	1M	-
Pension & Other Post Retirement Benefits	8.9M	14.44M	35.47M	163M	190M
Deferred Tax Liability Non Current	141M	580M	3.12B	8.41B	12.27B
Other Non Current Liabilities	73.04M	82.69M	73.16M	2.32B	4.25B
Total Liabilities	1.5B	2.47B	5.29B	27.66B	63.01B
Common Stock, Total	71.43M	71.43M	129M	129M	129M
Retained Earnings	-118M	324M	3.73B	25.49B	24.07B
Treasury Stock	-	-	-	-	-112M
Comprehensive Income and Other	449M	588M	1.39B	7.69B	7.88B
Total Common Equity	403M	983M	5.24B	33.31B	31.97B
Minority Interest	-	-	-	-	3.65B
Total Equity	403M	983M	5.24B	33.31B	35.62B
Total Liabilities And Equity	1.91B	3.46B	10.53B	60.97B	98.63B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	71.43M	71.43M	129M	128M	129M
ECS Total Common Shares Outstanding	71.43M	71.43M	129M	128M	129M
Book Value / Share	5.64	13.77	40.5	260.83	247.02
Tangible Book Value	403M	983M	5.24B	33.31B	31.96B
Tangible Book Value Per Share	5.64	13.77	40.5	260.83	246.91
Total Debt	894M	1.03B	791M	5.18B	36.39B
Net Debt	885M	959M	-2.08B	-14.94B	21.89B
Debt Equivalent of Unfunded Proj. Benefit Obligation	11M	16.84M	37.64M	167M	190M
Debt Equivalent Oper. Leases	-	-	-	-	264M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	3.65B
Account Code - Inventory Valuation	6	6	6	-	6
Inventories - Raw Materials, Total	188M	396M	489M	2.02B	6.36B
Inventories - Finished Goods, Total	83.16M	105M	173M	2.84B	6.14B
Inventories - Others	34M	80.95M	155M	776M	580M
Land - (BS)	394M	646M	1.3B	6.75B	8.83B
Buildings, Total	1.8B	2.95B	6.37B	33.11B	48.19B
Machinery, Total	5.4B	8.97B	19.71B	106B	163B
Accumulated Allowance for Doubtful Accounts (Supple)	4.09M	3.75M	3.15M	4M	56M

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	-22.06M	324M	3.13B	6.18B	-2.04B
Depreciation & Amortization - CF	108M	171M	438M	2.75B	4.19B
Depreciation & Amortization, Total	108M	171M	438M	2.75B	4.19B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	6M
(Gain) Loss From Sale Of Asset	-267K	-6.04M	-5.65B	-	-14M
Asset Writedown & Restructuring Costs	-17.28M	-247M	-1.2B	-1.23B	225M
Provision and Write-off of Bad Debts	-2.44M	-2.95M	-4.94M	-	-
Other Operating Activities, Total	-28.56M	412M	1.86B	10.25B	-2.31B
Change In Accounts Receivable	-164M	26.21M	189M	1.45B	3.57B
Change In Inventories	10M	-64.82M	454M	-1.5B	-2.62B
Change In Accounts Payable	-45.03M	67.23M	-237M	-392M	394M
Change In Income Taxes	24.34M	-19.35M	-56.34M	1.34B	-175M
Change in Other Net Operating Assets	23.61M	20.55M	-34.96M	684M	-11.5B
Cash from Operations	-114M	680M	-1.11B	19.54B	-10.28B
Capital Expenditure	-81.01M	-194M	-510M	-4.5B	-2.66B
Sale of Property, Plant, and Equipment	267K	6.04M	5.77B	-	287M
Cash Acquisitions	-	-	-	-	-16.62B
Other Investing Activities, Total	-	-	-	-	84M
Cash from Investing	-80.74M	-188M	5.26B	-4.5B	-18.91B
Long-Term Debt Issued, Total	179M	-	-	70M	28.23B
Total Debt Issued	179M	-	-	70M	28.23B
Long-Term Debt Repaid, Total	-	-429M	-1.42B	-	-8.03B
Total Debt Repaid	-	-429M	-1.42B	-	-8.03B
Repurchase of Common Stock	-	-	-	-	-112M
Common Dividends Paid	-	-	-	-	-583M
Common & Preferred Stock Dividends Paid	-	-	-	-	-583M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	179M	-429M	-1.42B	70M	19.5B
Miscellaneous Cash Flow Adjustments	-	-	-	-10.86B	-3.97B
Net Change in Cash	-15.96M	64.04M	2.72B	4.25B	-13.66B
Supplemental Items
Cash Interest Paid	14.6M	27.86M	68.1M	1.06B	-
Cash Income Tax Paid (Refund)	-	-	66.94M	-	6.6B
Levered Free Cash Flow	-194M	325M	2.18B	4.11B	-30.96B
Unlevered Free Cash Flow	-118M	444M	2.41B	7.11B	-28.27B
Change In Net Working Capital	178M	-52.19M	-224M	-1.66B	23.99B
Net Debt Issued / Repaid	179M	-429M	-1.42B	70M	20.19B

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.83	12.58	25.07	20.14	-7.3
Return on Total Capital	2.8	20.03	43.51	32.35	-10.54
Return On Equity %	-5.34	39.42	85.05	32.09	-5.91
Return on Common Equity	-5.34	39.42	85.05	32.09	-6.24
Margin Analysis
Gross Profit Margin %	14.94	28.08	34.49	43.16	9.05
SG&A Margin	9.17	7.38	8.27	12.75	18.41
EBITDA Margin %	8.61	21.72	47.75	32.95	-16.01
EBITA Margin %	2.89	17.27	42.58	26.6	-29.11
EBIT Margin %	2.89	17.27	42.58	26.6	-29.11
Income From Continuing Operations Margin %	-1.17	8.44	36.94	14.28	-6.37
Net Income Margin %	-1.17	8.44	36.94	14.28	-6.37
Net Avail. For Common Margin %	-1.17	8.44	36.94	14.28	-6.37
Normalized Net Income Margin	-1.85	7.51	2.17	8.02	-9.78
Levered Free Cash Flow Margin	-10.33	8.47	25.7	9.48	-96.72
Unlevered Free Cash Flow Margin	-6.26	11.56	28.41	16.42	-88.34
Asset Turnover
Asset Turnover	1.01	1.17	0.94	1.21	0.4
Fixed Assets Turnover	1.78	2.09	1.8	2.56	0.82
Receivables Turnover (Average Receivables)	6.12	6.1	6.83	15.31	6.33
Inventory Turnover (Average Inventory)	5.27	5.1	5.35	7.63	3.11
Short Term Liquidity
Current Ratio	0.89	1.06	2.46	1.85	1.44
Quick Ratio	0.51	0.56	2.04	1.49	0.99
Operating Cash Flow to Current Liabilities	-0.14	0.54	-0.55	1.17	-0.31
Days Sales Outstanding (Average Receivables)	59.66	59.87	53.42	23.9	57.62
Days Outstanding Inventory (Average Inventory)	69.31	71.61	68.17	47.99	117.34
Average Days Payable Outstanding	36.13	36.62	45.18	19.87	33.14
Cash Conversion Cycle (Average Days)	92.83	94.86	76.4	52.02	141.82
Long Term Solvency
Total Debt/Equity	222.04	104.41	15.09	15.55	102.15
Total Debt / Total Capital	68.95	51.08	13.11	13.46	50.53
LT Debt/Equity	113.5	54.01	0.55	0.07	37.29
Long-Term Debt / Total Capital	35.24	26.42	0.48	0.06	18.45
Total Liabilities / Total Assets	78.89	71.56	50.24	45.37	63.89
EBIT / Interest Expense	0.44	3.49	9.8	2.39	-2.17
EBITDA / Interest Expense	1.32	4.39	10.99	2.96	-1.19
(EBITDA - Capex) / Interest Expense	0.66	3.37	9.61	2.03	-1.81
Total Debt / EBITDA	5.51	1.23	0.2	0.36	-7.1
Net Debt / EBITDA	5.46	1.15	-0.51	-1.05	-4.27
Total Debt / (EBITDA - Capex)	11.03	1.6	0.22	0.53	-4.68
Net Debt / (EBITDA - Capex)	10.92	1.5	-0.59	-1.53	-2.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.24	24.33	2.42	411.19	-26.11
Gross Profit, 1 Yr. Growth %	-1.9	152.45	25.62	539.65	-84.5
EBITDA, 1 Yr. Growth %	-16.74	215.86	44.29	252.69	-135.9
EBITA, 1 Yr. Growth %	-33.67	658.41	48.13	219.29	-180.88
EBIT, 1 Yr. Growth %	-33.67	658.41	48.13	219.29	-180.88
Earnings From Cont. Operations, 1 Yr. Growth %	-77.07	-995.64	348.22	97.58	-132.95
Net Income, 1 Yr. Growth %	-77.07	-995.64	348.22	97.58	-132.95
Normalized Net Income, 1 Yr. Growth %	-76.57	-595.33	-85.26	1.78K	-190.17
Diluted EPS Before Extra, 1 Yr. Growth %	-77.07	-995.64	186.89	70.92	-132.95
Accounts Receivable, 1 Yr. Growth %	74.28	-3.63	-13.79	292.74	24.06
Inventory, 1 Yr. Growth %	0.86	16.32	-34.85	589.4	131.9
Net Property, Plant and Equip., 1 Yr. Growth %	-2.48	14.16	23.03	451.71	71.66
Total Assets, 1 Yr. Growth %	5.76	10.62	41.28	478.89	61.76
Tangible Book Value, 1 Yr. Growth %	-5.01	48.99	147.23	535.49	-4.06
Common Equity, 1 Yr. Growth %	-5.01	48.99	147.23	535.49	-4.02
Cash From Operations, 1 Yr. Growth %	-209.34	-463.09	-175.97	-1.85K	-152.59
Capital Expenditures, 1 Yr. Growth %	146.28	45.8	22.05	783.06	-40.93
Levered Free Cash Flow, 1 Yr. Growth %	-290.3	-176.93	216.29	88.5	-854.14
Unlevered Free Cash Flow, 1 Yr. Growth %	-155.72	-249.49	155.02	195.45	-497.45
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	25.62	47.87	65.69	128.82	94.35
Gross Profit, 2 Yr. CAGR %	78.74	93.88	161.67	183.47	-0.42
EBITDA, 2 Yr. CAGR %	307.46	106.94	291.55	125.59	12.53
EBITA, 2 Yr. CAGR %	-18.76	184.23	542.57	117.48	60.7
EBIT, 2 Yr. CAGR %	-18.76	184.23	542.57	117.48	60.7
Earnings From Cont. Operations, 2 Yr. CAGR %	-58.29	83.5	830.28	197.59	-19.31
Net Income, 2 Yr. CAGR %	-58.29	83.5	830.28	197.59	-19.31
Normalized Net Income, 2 Yr. CAGR %	-45.27	39.33	78.01	66.63	312.18
Diluted EPS Before Extra, 2 Yr. CAGR %	-58.29	83.5	644.27	121.44	-24.95
Accounts Receivable, 2 Yr. CAGR %	25.86	65.96	33.83	84.01	120.73
Inventory, 2 Yr. CAGR %	10.2	38.7	27.82	111.94	299.84
Net Property, Plant and Equip., 2 Yr. CAGR %	25.01	35.11	74.01	160.54	207.75
Total Assets, 2 Yr. CAGR %	21.7	38.51	83.55	185.98	206.01
Tangible Book Value, 2 Yr. CAGR %	7.74	52.34	181.8	296.37	146.92
Common Equity, 2 Yr. CAGR %	7.74	52.34	181.8	296.37	146.97
Cash From Operations, 2 Yr. CAGR %	84.77	155.15	143.86	265.04	203.73
Capital Expenditures, 2 Yr. CAGR %	5.11	142.66	95.86	228.29	128.38
Levered Free Cash Flow, 2 Yr. CAGR %	7.79	78.33	127.03	144.18	277.04
Unlevered Free Cash Flow, 2 Yr. CAGR %	10.84	44.86	184.85	174.49	242.68
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	18.51	47.63	69.01	141.21	56.98
Gross Profit, 3 Yr. CAGR %	15.06	130.48	116.84	252.5	7.6
EBITDA, 3 Yr. CAGR %	30.92	340.37	174.95	278.14	22.25
EBITA, 3 Yr. CAGR %	39.36	100.32	252.99	408.95	56.39
EBIT, 3 Yr. CAGR %	39.36	100.32	252.99	408.95	56.39
Earnings From Cont. Operations, 3 Yr. CAGR %	-22.76	36.71	219.24	455.04	42.9
Net Income, 3 Yr. CAGR %	-22.76	36.71	219.24	455.04	42.9
Normalized Net Income, 3 Yr. CAGR %	4.33	35.4	7.49	290.84	35.79
Diluted EPS Before Extra, 3 Yr. CAGR %	-22.76	36.71	175.12	355.78	17.34
Accounts Receivable, 3 Yr. CAGR %	15.53	35.78	72.34	91.61	61.35
Inventory, 3 Yr. CAGR %	22.32	32.31	39.28	124.16	118.39
Net Property, Plant and Equip., 3 Yr. CAGR %	34.98	43.02	69.17	155.63	126.71
Total Assets, 3 Yr. CAGR %	24.68	39.02	80.11	169.18	136.51
Tangible Book Value, 3 Yr. CAGR %	6.63	41.55	131.27	269.54	147.02
Common Equity, 3 Yr. CAGR %	6.63	41.55	131.27	269.54	147.06
Cash From Operations, 3 Yr. CAGR %	54.98	172.92	120.1	370.73	91.37
Capital Expenditures, 3 Yr. CAGR %	12.86	38.24	149.29	223.57	85.33
Levered Free Cash Flow, 3 Yr. CAGR %	15.74	24.76	177.23	113.38	255.59
Unlevered Free Cash Flow, 3 Yr. CAGR %	11.96	66.63	124.99	188.34	210.54
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	32.5	50.32	49.6	105.12	78.72
Gross Profit, 5 Yr. CAGR %	22.51	62.75	73.74	192.03	58.84
EBITDA, 5 Yr. CAGR %	33.39	105.3	123.71	329.52	92.34
EBITA, 5 Yr. CAGR %	13.04	121.26	182.36	168.57	157.67
EBIT, 5 Yr. CAGR %	13.04	121.26	182.36	168.57	157.67
Earnings From Cont. Operations, 5 Yr. CAGR %	4.88	406.74	130.73	117.59	84.16
Net Income, 5 Yr. CAGR %	4.88	406.74	130.73	117.59	84.16
Normalized Net Income, 5 Yr. CAGR %	32.32	81.03	43.19	97.33	84.01
Diluted EPS Before Extra, 5 Yr. CAGR %	4.88	406.77	111.03	93.33	63.62
Accounts Receivable, 5 Yr. CAGR %	33.65	38.44	35.27	78.8	90.28
Inventory, 5 Yr. CAGR %	34.17	54.33	37.43	86.28	112.37
Net Property, Plant and Equip., 5 Yr. CAGR %	61.41	68.84	64.95	111.98	114.92
Total Assets, 5 Yr. CAGR %	43.42	53.58	60.67	116.32	122.65
Tangible Book Value, 5 Yr. CAGR %	26.79	52.03	73.64	149.18	137.4
Common Equity, 5 Yr. CAGR %	26.79	52.03	73.64	149.18	137.43
Cash From Operations, 5 Yr. CAGR %	36.74	85.44	105.11	257.5	150.36
Capital Expenditures, 5 Yr. CAGR %	26.23	27.11	55.33	127.82	140.71
Levered Free Cash Flow, 5 Yr. CAGR %	46.97	34.69	76.97	89.63	213.52
Unlevered Free Cash Flow, 5 Yr. CAGR %	47.31	53.47	95.67	136.63	166.23