For the quarter ending 2026-03-31, TGLS had -$9,785K decrease in cash & cash equivalents over the period. -$10,549K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 31,891 | 26,106 | 47,188 | 86,272 |
| Allowance for credit losses | 1,088 | 910 | 709 | 987 |
| Provision for obsolete inventory | - | 116 | - | - |
| Depreciation and amortization | 10,678 | 10,324 | 9,962 | 16,479 |
| Deferred income taxes | -551 | 3,047 | 2,574 | 2,002 |
| Equity method income | 102 | -312 | 519 | 2,286 |
| Gain on disposal of assets | -481 | -148 | -28 | 4,254 |
| Loss on extinguishment of debt | - | - | 1,302 | - |
| Loss on debt extinguishment | - | -1,327 | - | - |
| Deferred cost of financing | 152 | 151 | 228 | 556 |
| Realized gain on derivative instruments | 531 | 25 | 2,045 | - |
| Unrealized currency translation gains | 6,072 | 4,241 | 9,546 | 8,718 |
| Other non-cash adjustments | 72 | 72 | -19 | -391 |
| Trade accounts receivable | 16,469 | -7,681 | 12,653 | 20,376 |
| Inventories | 34,279 | 11,180 | 9,907 | 23,996 |
| Prepaid expenses | 444 | 1,230 | 464 | 2,529 |
| Other assets | 4,076 | 3,106 | -477 | 3,248 |
| Trade accounts payable and accrued expenses | 13,467 | -7,111 | -6,567 | 21,802 |
| Taxes payable | 16,873 | 3,995 | 10,713 | -18,513 |
| Labor liabilities | -2,178 | -1,931 | 3,728 | 87 |
| Other liabilities | 126 | -157 | 50 | 15 |
| Contract assets and liabilities | 1,745 | -4,596 | -5,379 | -21,387 |
| Related parties | -1,522 | 2,651 | -670 | -1,298 |
| Cash provided by operating activities | 6,715 | 31,009 | 39,986 | 64,760 |
| Business acquisition | - | 0 | 0 | 6,841 |
| Sale of property and equipment | - | 0 | 0 | 12,312 |
| Dividends received | - | 0 | 0 | 8,914 |
| Purchase of investments | 600 | 2 | 602 | 73 |
| Acquisition of property and equipment | 17,264 | 19,567 | 18,756 | 62,939 |
| Cash used in investing activities | -17,864 | -19,569 | -19,358 | -48,627 |
| Cash dividend | 6,710 | 6,984 | 7,048 | 14,095 |
| Deferred financing costs and debt issuance fees | - | 45 | 1,000 | - |
| Share repurchases | 16,461 | 87,627 | 29,988 | 339 |
| Proceeds from debt | 39,352 | 59,947 | 112,405 | 3,613 |
| Non-controlling interest purchase | - | - | - | 0 |
| Repayments of debt | 15,330 | 250 | 110,012 | 4,103 |
| Cash provided by (used in) financing activities | 851 | -34,959 | -35,643 | -14,924 |
| Effect of exchange rate changes on cash and cash equivalents | 513 | 429 | 1,099 | 1,816 |
| Net (decrease) increase in cash and cash equivalents | -9,785 | -23,090 | -13,916 | 3,025 |
| Cash and cash equivalents - beginning of period | 100,901 | 123,991 | 134,882 | - |
| Cash and cash equivalents - end of period | 91,116 | 100,901 | 123,991 | - |
Tecnoglass Inc. (TGLS)
Tecnoglass Inc. (TGLS)