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Operating
Summary

RESULTS

Total revenues in 2020 came to 8.07 billion pesos, 10.6% more than in 2019. Tower rental accounted for 5.60 billion pesos of the total. Floor space rental was transferred completely to the client and represented neither a use nor a source of revenue; this totaled 2.47 billion pesos.

EBITDA during the year was 7.67 billion pesos, for a margin of 95%. At the close of the year, the company reported debt of 33.92 billion pesos and cash of 9.29 billion pesos, which meant a net debt position of 24.63 billion pesos. The net debt/EBITDA leverage ratio was 3.26x.

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