Celsia SA Esp (BOG:CELSIA) Q1 2025 Earnings Call Highlights: Record Net Income and Strategic ...

GuruFocus News

Fri, May 16, 2025, 6:00 PM 4 min read

• Cash Flow: COP75.5 cardinal pesos, amended than expected.

• Net Debt: COP5.7 cardinal with a nett indebtedness to EBITDA leverage ratio of 3.49 times.

• Revenue: COP1.45 trillion, up 5.5% versus the aforesaid 4th of the erstwhile year.

• Cost of Sales: COP907.3 billion, a simplification of 6.7% versus the aforesaid 4th of the erstwhile year.

• Administrative Expenses: COP94.2 billion, an summation of 7.3%.

• EBITDA: MXN472 cardinal pesos, a maturation of astir 45% with a borderline of 32.5%.

• Net Income: COP108 billion, up 264% versus the aforesaid play of the erstwhile year.

• Power Generation Revenue: COP397.5 billion, a maturation of 11.9%.

• Energy Efficiency Revenue: $6.1 million.

• Celsia Internet Revenue: COP18.3 billion, a 54% maturation compared to the aforesaid 4th of the erstwhile year.

• Share Buyback: Executed 30% of the full magnitude approved, representing much than COP90,000 cardinal pesos.

• Teooritto Thermal Plant Revenue: COP48 cardinal pesos with EBITDA adjacent to COP19 cardinal pesos.

• C2A Revenue: COP49 cardinal pesos, a maturation of 12% with EBITDA of COP40 cardinal pesos.

• Photovoltaic Systems Revenue: COP5.6 billion, a maturation of 44% compared to the aforesaid play of the erstwhile year.

• Warning! GuruFocus has detected 11 Warning Signs with BOG:CELSIA.

Release Date: May 13, 2025

For the implicit transcript of the net call, delight notation to the afloat net telephone transcript.

• Celsia SA Esp (BOG:CELSIA) achieved a better-than-expected currency travel of COP75.5 cardinal pesos successful the archetypal quarter, driven by beardown operational performance.

• The institution successfully reduced its structural indebtedness outgo from 11.61% successful December to 11.32% successful March.

• Celsia SA Esp (BOG:CELSIA) reported a important nett income summation of 264% compared to the aforesaid play past year, attributed to coagulated EBITDA maturation and little income costs.

• The institution is making advancement successful its renewable vigor projects, including the signing of a semipermanent recognition statement for star farms and the acquisition of a 675-megawatt renewable task portfolio from Mainstream Renewable Power.

• Celsia SA Esp (BOG:CELSIA) has executed 30% of its stock buyback program, resulting successful a 2.5-fold summation successful mean regular trading measurement and an 11% summation successful stock terms since the program's launch.

• The institution faces regulatory uncertainty arsenic the authorities considers measures to bounds vigor prices and quantities successful the market, which could interaction capitalist confidence.

• There is simply a hazard of vigor rationing successful Colombia by 2026 owed to a projected shortage successful steadfast vigor supply, exacerbated by imaginable El Nino conditions.

• Celsia SA Esp (BOG:CELSIA) experienced a 7.3% summation successful administrative expenses, chiefly owed to structural adjustments successful Central America.

• The institution is dealing with a backlog of subsidies owed by the government, which affects currency travel and requires ongoing negotiations for timely payments.

• There are concerns astir the availability and outgo of earthy gas, which is important for the fiscal viability of thermal projects successful Colombia.