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Exhibit 99.1 TECNOGLASS Tecnoglass Reports Record Third Quarter 2021 Results - Single - Family Residential Revenues Increased 213 % Year - Over - Year , Representing 48 % of U.S. Revenues - - Total Revenues Up 26 % Year - Over - Year to a Record $ 130.4 Million - - Record Third Quarter Gross Margin of 39.6 % , Up 80 Basis Points Year - Over - Year- - Net Income of $ 20.9 Million , or $ 0.44 Per Diluted Share ; Adjusted Net Income¹ of $ 21.6 Million , or $ 0.45 Per Diluted Share - -Adjusted EBITDA¹ Up 36.1 % Year - Over - Year to a Record $ 38.7 Million , or 29.7 % of Total Revenues - - Record Cash Flow From Operations of $ 32.6 Million - - Backlog Expands to a Record $ 576 Million , Up 7.4 % Year - Over - Year- -Increases Full Year 2021 Growth Outlook to Adjusted EBITDA¹ of $ 140 Million to $ 145 Million on Total Revenues of $ 485 Million to $ 495 Million - BARRANQUILLA , Colombia – November 8 , 2021 - Tecnoglass , Inc. ( NASDAQ : TGLS ) ( " Tecnoglass ” or the “ Company ” ) , a leading manufacturer of architectural glass , windows , and associated aluminum products serving the global residential and commercial end markets , today reported financial results for the third quarter ended September 30 , 2021 . José Manuel Daes , Chief Executive Officer of Tecnoglass , commented , " I could not be more proud of our exceptional third quarter performance that marked our 4th consecutive quarter of year - over - year revenue growth and another period of record quarterly revenues and adjusted EBITDA . In addition , continued momentum in our U.S. single - family residential business combined with careful working capital management collectively helped generate our 7th straight quarter of robust cash flow , allowing us to pay down debt while further investing in automation capabilities and capacity enhancements to address expected growth . As a result of our vertically integrated platform and strategic geographic positioning , we continue to enjoy a healthy competitive advantage that has mostly insulated Tecnoglass thus far from widespread supply chain disruptions and inflationary pressures affecting our industry . Our structural advantages have allowed us to achieve additional share gains as new and existing customers value our shorter lead times , continuity of product availability and unrelenting commitment to exceptional service . We expect to continue executing our highly profitable growth strategy and generating cash flow to deliver additional value for our shareholders . " Christian Daes , Chief Operating Officer of Tecnoglass , added , “ Our proven track record of innovation , strategic footprint expansion , and returns - oriented investments in our operations have distinguished Tecnoglass as a dominant player in the architectural glass market with industry - leading margins . During the third quarter , we were pleased to begin invoicing best - in - class products from our new Multimax product line targeting production homebuilders as well as legacy and new dealers , which further augments our positioning in the U.S. single - family residential market . Additionally , we are encouraged to report a record backlog at quarter end which reflects an increasing number of commercial projects in our pipeline through 2022. As we move forward , we are very pleased with our project pipeline and are excited by the strong momentum in our single - family residential business where we continue to see an immense opportunity for growth and additional share gains . Our strong geographical positioning , innovative product portfolio , and unique vertically integrated model give us confidence in the trajectory of our business . "