Transportadora de Gas del Sur S.A. (TGS) — Financial statements
Income statement, balance sheet, and cash flow for Transportadora de Gas del Sur S.A. — annual and quarterly history with growth and margin analysis.
| Metric (ARS Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,987,918↑64.8% | 1,206,613↑24.7% | 967,498↓10.3% | 1,079,018↑104.9% | 526,691 | |
| Cost of Revenue | 923,012↑60.5% | 575,240↓7.2% | 620,073↓4.8% | 651,289↑125.3% | 289,121 | |
| Gross Profit | 1,064,906↑68.7% | 631,373↑81.7% | 347,425↓18.8% | 427,729↑80.0% | 237,569 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 48,268↑5.5% | 45,767↑26.5% | 36,189↑164.2% | 13,699 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 2,577↑11.7% | 2,307↑46.0% | 1,580↑281.4% | 414 | |
| SG&A Expenses | 206,899↑306.9% | 50,845↑5.8% | 48,074↑27.3% | 37,769↑167.6% | 14,113 | |
| Other Expenses | -2,984↓114.8% | 20,228↓55.8% | 45,794↑33.6% | 34,288↑105.2% | 16,707 | |
| Operating Expenses | 203,915↑186.9% | 71,073↓24.3% | 93,868↑30.3% | 72,057↑133.8% | 30,821 | |
| Total Costs & Expenses | 1,126,927↑74.4% | 646,314↓9.5% | 713,940↓1.3% | 723,346↑126.1% | 319,942 | |
| Operating Results | ||||||
| Operating Income | 860,991↑53.7% | 560,299↑121.0% | 253,558↓28.7% | 355,672↑72.0% | 206,749 | |
| Depreciation & Amortization | 235,296↑81.5% | 129,666↓1.8% | 132,025↓0.5% | 132,729↑127.7% | 58,299 | |
| EBITDA | 1,096,287↑42.8% | 767,479↑173.5% | 280,656↓45.4% | 513,686↑77.4% | 289,633 | |
| EBIT | 860,991↑35.0% | 637,813↑329.1% | 148,631↓61.0% | 380,957↑64.7% | 231,334 | |
| Interest & Other Income | ||||||
| Net Interest Income | -65,183↓100.8% | -32,465↓3303.8% | -954↑97.2% | -33,663↓51.0% | -22,298 | |
| Interest Income | 38,103↑63.9% | 23,245↓55.9% | 52,676↑323.5% | 12,440↑158.9% | 4,805 | |
| Interest Expense | 103,285↑85.4% | 55,710↑3.9% | 53,630↑16.3% | 46,103↑70.1% | 27,103 | |
| Non-Operating Income | 0.00↑100.0% | -77,514↓173.9% | 104,926↑515.0% | -25,286↓2.8% | -24,585 | |
| Other Income / Expenses | -110,647↓607.5% | 21,804↑113.8% | -158,556↓661.7% | -20,817↓726.8% | -2,518 | |
| Income Before Tax | 750,344↑28.9% | 582,103↑512.7% | 95,001↓71.6% | 334,855↑64.0% | 204,231 | |
| Income Tax Expense | 260,020↑22.7% | 211,939↑384.0% | 43,788↓62.2% | 115,697↑49.7% | 77,263 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 490,324↑32.5% | 370,163↑622.8% | 51,214↓76.6% | 219,158↑72.6% | 126,968 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 490,324↑32.5% | 370,164↑622.8% | 51,212↓76.6% | 219,157↑72.6% | 126,968 | |
| Bottom-Line Net Income | 490,324↑32.5% | 370,164↑622.8% | 51,212↓76.6% | 219,157↑72.6% | 126,968 | |
| EPS (Basic) | 3,250.25↑32.2% | 2,458.70↑1474.1% | 156.20↓27.2% | 214.65↑54.4% | 139.05 | |
| EPS (Diluted) | 3,250.25↑32.2% | 2,458.70↑1474.1% | 156.20↓27.2% | 214.65↑54.4% | 139.05 | |
| Weighted Average Shares | 151↑0.0% | 151↑0.0% | 151↑0.0% | 151↑0.0% | 151 | |
| Weighted Average Diluted Shares | 151↑0.0% | 151↑0.0% | 151↑0.0% | 151↑0.0% | 151 | |
* All figures in Millions of ARS, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.