← BETTERWARE DE MEXICO, S.A.P.I. DE C.V
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net income for the year | $207.7m | $299.3m | $472.1m | $298.4m | $338.4m | $870.0m | $1.0b | $711.5m | $1.1b | — | |
| Net Income | — | — | — | — | — | $872.6m |
$1.0b
+19.11%
|
$711.7m
-31.52%
|
$1.1b
+49.04%
|
$1.3b
+18.72%
|
|
| Profit or Loss | — | $299.3m | $472.1m | — | $1.8b | ($870.0m) | $1.0b | $711.5m | — | — | |
| Other Adjustments To Reconcile Profit Loss | — | — | — | — | — | — | ($4.3m) | ($16.7m) | — | — | |
| Depreciation and amortization | $24.2m | $26.0m | $38.4m | $43.7m | $43.7m | $287.7m | $375.1m | $392.2m | $389.5m | $381.4m | |
| Depreciation Amortization Depletion | — | — | — | — | — | $287.7m | $382.1m | $392.2m | $389.5m | $381.4m | |
| Deferred Income Tax | $97.0m | $150.2m | $232.7m | $525.7m | $542.8m | $516.9m | $380.0m | $469.3m | $661.0m | $731.3m | |
| Deferred Tax | — | — | — | — | — | $516.9m | $380.0m | $469.3m | $661.0m | $731.3m | |
| Share-based payment expense | — | — | — | $32.9m | $32.9m | $6.0m | $4.2m | — | — | — | |
| Adjustments For Share-Based Payments | — | — | — | — | — | $6.0m | $4.2m | — | — | — | |
| Impairment of assets held for sale | — | — | — | — | — | — | — | $166.6m | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $0 | $166.6m | $0 | $6.2m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | $0 | $11.0m | ($93k) | $117k | — | $159k | |
| Change In Working Capital | — | — | — | — | — | ($314.9m) | $262.0m | ($86.1m) | $106.7m | $358.1m | |
| Trade accounts receivable | ($28.8m) | ($50.8m) | ($48.3m) | ($487.9m) | ($510.7m) | $266.6m | ($101.4m) | ($60.6m) | ($48.4m) | — | |
| Trade accounts receivable from related parties | $135k | $22k | ($610k) | $610k | $610k | $30.2m | ($43k) | ($146k) | $250k | — | |
| Change In Receivables | — | — | — | — | — | $296.9m | ($101.4m) | ($60.8m) | ($48.1m) | ($40.2m) | |
| Changes In Account Receivables | — | — | — | — | — | $296.9m | ($101.4m) | ($60.8m) | ($48.1m) | ($40.2m) | |
| Inventory | ($34.8m) | ($160.3m) | ($43.3m) | ($939.1m) | ($928.5m) | $171.3m | $92.1m | ($471.0m) | $511.1m | $246.3m | |
| Accounts payable to suppliers and accrued expenses | $80.1m | $238.9m | $101.9m | $1.6b | $1.6b | ($940.0m) | $423.1m | $419.0m | ($423.5m) | $236.6m | |
| Trade accounts payable to related parties | — | — | — | — | — | $97.0m | ($96.9m) | $1.2m | ($1.2m) | — | |
| Prepaid expenses and other assets | — | ($31.3m) | ($40.3m) | ($53.6m) | ($95.5m) | ($48.4m) | ($84.8m) | $122.0m | $65.1m | — | |
| Net cash provided by operating activities | $372.7m |
$338.2m
-9.25%
|
$605.4m
+79.01%
|
$1.8b
+200.98%
|
$1.8b
0.00%
|
$1.4b
-22.64%
|
$2.4b
+67.89%
|
$1.8b
-24.07%
|
$2.2b
+24.46%
|
$2.6b
+18.17%
|
|
| Capital Expenditure | — | — | — | — | — | ($175.7m) | ($131.1m) | ($191.6m) | ($114.5m) | ($3.3b) | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | — | — | — | — | — | — | — | $156.5m | — | — | |
| Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates | — | — | — | — | — | — | $93k | — | — | — | |
| Net Other Investing Changes | — | — | — | — | $42.9m | — | — | — | ($896k) | ($896k) | |
| Net cash provided (used) in investing activities | ($31.5m) | $13.5m | ($175.6m) | ($631.4m) | ($631.4m) | ($4.8b) | ($65.3m) | ($466k) | $35.3m | — | |
| Cash flows from financing activities: | |||||||||||
| Repayment of borrowings | ($743.8m) | ($35.1m) | ($83.0m) | ($1.8b) | ($1.8b) | ($1.1b) | ($7.6b) | ($3.3b) | ($6.3b) | — | |
| Proceeds From Borrowings Classified As Financing Activities | — | — | — | — | — | — | $6.5b | $3.0b | — | — | |
| Repayments Of Borrowings Classified As Financing Activities | — | $35.1m | $83.0m | — | $646.7m | $1.1b | $7.6b | $3.3b | — | — | |
| Proceeds from debt and borrowings | — | — | — | — | $1.5b | $5.8b | $6.5b | $3.0b | $5.5b | — | |
| Issuance Of Debt | — | — | — | — | — | $5.8b | $6.5b | $3.0b | $5.5b | $11.9b | |
| Long Term Debt Issuance | — | — | — | — | — | $5.8b | $6.5b | $3.0b | $5.5b | $11.9b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | $4.6b | ($1.3b) | ($447.9m) | ($886.9m) | $2.1b | |
| Net Long Term Debt Issuance | — | — | — | — | — | $4.6b | ($1.3b) | ($447.9m) | ($886.9m) | $2.1b | |
| Long Term Debt Payments | — | — | — | — | — | ($1.2b) | ($7.8b) | ($3.5b) | ($6.4b) | ($9.9b) | |
| Repayment Of Debt | — | — | — | — | — | ($1.2b) | ($7.8b) | ($3.5b) | ($6.4b) | ($9.9b) | |
| Interest paid on borrowings | ($142.4m) | ($85.2m) | ($82.7m) | ($121.3m) | ($121.3m) | ($502.8m) | ($652.3m) | ($603.9m) | ($502.5m) | — | |
| Issuance Of Capital Stock | — | — | — | — | $0 | $0 | — | — | — | — | |
| Repurchase Of Capital Stock | — | — | — | — | $0 | ($25.3m) | $0 | $0 | — | $0 | |
| Common Stock Issuance | — | — | — | — | $0 | $0 | — | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | $0 | ($25.3m) | $0 | $0 | — | $0 | |
| Common Stock Payments | — | — | — | — | $0 | ($25.3m) | $0 | $0 | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | ($949.6m) | ($648.7m) | ($998.1m) | ($850.0m) | ($499.1m) | |
| Dividends paid | — | ($235.1m) | ($343.0m) | ($830.0m) | ($830.0m) | ($949.6m) | ($648.7m) | ($998.1m) | ($850.0m) | ($799.0m) | |
| Payments of Dividends | — | $300 | $278 | — | $1k | $950 | $649 | $998 | — | ($799.0m) | |
| Dividends Paid Classified As Financing Activities | — | $235 | $343 | — | $1k | $950 | $649 | $998 | — | ($799.0m) | |
| Net Other Financing Charges | — | — | — | — | ($37.1m) | ($88.7m) | ($8.4m) | — | ($896k) | — | |
| Net cash used in financing activities | ($316.5m) |
($405.2m)
-28.03%
|
($393.5m)
+2.89%
|
($754.7m)
-91.78%
|
($754.7m)
0.00%
|
$3.1b
+504.91%
|
($2.6b)
-184.01%
|
($2.0b)
+20.16%
|
($2.2b)
-9.29%
|
$822.8m
+136.73%
|
|
| Increase (decrease) in cash and cash equivalents | $24.7m | ($53.5m) | $36.3m | $436.1m | $436.1m | ($359.6m) | ($265.9m) | ($253.2m) | $31.8m | — | |
| Beginning Cash Position | — | — | — | — | — | $1.2b | $815.6m | $549.7m | $296.6m | $391.8m | |
| Cash and cash equivalents at the beginning of year | $230.9m | $177.4m | $213.7m | $213.7m | $649.8m | $815.6m | $549.7m | $296.6m | $328.3m | — | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Interest expense | $118.2m | $86.3m | $85.4m | $80.3m | $80.3m | $543.3m | $820.3m | $639.7m | $541.0m | — | |
| Adjustments For Income Tax Expense | — | $150.2m | $232.7m | — | $824.5m | $516.9m | $384.4m | $469.3m | — | — | |
| Additional Financial Items | |||||||||||
| Interest income | ($20.8m) | ($6.7m) | ($7.0m) | ($10.9m) | ($10.9m) | ($28.7m) | ($45.1m) | ($22.8m) | ($34.1m) | — | |
| Gain on disposal of non-current assets | — | — | — | — | ($478k) | $4.8m | ($1.5m) | ($992k) | ($8.5m) | — | |
| Loss by selling of properties | $1.8m | ($12.0m) | — | — | — | — | — | $529.7m | — | — | |
| Movements in non-controlling interest | — | — | — | — | — | $11.0m | ($93k) | $117k | — | — | |
| Effect of foreign currency conversion | — | — | — | — | ($13.0m) | ($8.7m) | ($4.3m) | ($16.7m) | $26.9m | — | |
| Loss (gain) in valuation of derivative financial instruments | — | $16.6m | $15.7m | — | $288.0m | $43.5m | $32.6m | ($156.8m) | $108.8m | — | |
| Provisions | ($1.1m) | ($3.5m) | $7.7m | $107.3m | $104.3m | ($24.6m) | $3.6m | ($55.8m) | ($26.7m) | — | |
| Value-added tax payable | $4.5m | ($2.9m) | $12.7m | ($3.6m) | ($3.6m) | $110.2m | $28.7m | ($47.2m) | $22.7m | — | |
| Statutory employee profit sharing | ($282k) | $1.5m | $2.3m | $2.3m | $2.3m | $22.8m | ($2.4m) | $6.4m | $7.3m | — | |
| Employee benefits | $184k | $308k | $351k | ($743k) | ($743k) | $21.3m | ($32.6m) | ($9.3m) | ($7.5m) | — | |
| Payments of fixed and intangible assets | — | ($21.3m) | ($182.6m) | ($617.7m) | ($617.7m) | ($175.7m) | ($131.1m) | ($181.5m) | ($114.5m) | — | |
| Proceeds from disposal of fixed assets | $368k | $28.1m | — | $18.3m | $18.3m | $22.1m | $20.7m | $11.8m | $7.6m | — | |
| Proceeds from disposal of properties | — | — | — | — | — | — | — | $156.5m | $108.1m | — | |
| Commission by selling of properties | — | — | — | — | — | — | — | ($10.1m) | — | — | |
| Interest received | $1.8m | $6.7m | $7.0m | $10.9m | $10.9m | $28.7m | $45.1m | $22.8m | $34.1m | $26.3m | |
| Bond issuance costs | — | — | — | — | $18.9m | ($88.7m) | ($8.4m) | — | — | — | |
| Lease payments (principal and interest) | — | — | ($12.3m) | ($8.8m) | ($8.8m) | ($76.2m) | ($123.2m) | ($155.4m) | ($169.9m) | — | |
| Acquisition of non-controlling interest in Betterware Guatemala | — | — | — | — | — | — | — | — | ($896k) | — | |
| Cash Flow From Continuing Operating Activities | $372.7m | $338.2m | $605.4m | $1.8b | $1.8b | $1.4b | $2.4b | $1.8b | $2.2b | $2.6b | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | $3.1b | ($2.6b) | ($2.0b) | ($2.2b) | $822.8m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($4.8b) | ($65.3m) | ($466k) | $35.3m | ($3.3b) | |
| Change In Account Payable | — | — | — | — | — | ($843.0m) | $326.2m | $420.3m | ($424.7m) | $236.6m | |
| Change In Income Tax Payable | — | — | — | — | — | $110.2m | $28.7m | ($47.2m) | $22.7m | ($9.8m) | |
| Change In Other Working Capital | — | — | — | — | — | ($1.8m) | $1.1m | ($49.4m) | ($19.4m) | $15.0m | |
| Change In Payable | — | — | — | — | — | ($732.8m) | $355.0m | $373.1m | ($402.0m) | $236.6m | |
| Change In Prepaid Assets | — | — | — | — | — | ($48.4m) | ($84.8m) | $122.0m | $65.1m | ($89.8m) | |
| Change In Tax Payable | — | — | — | — | — | $110.2m | $28.7m | ($47.2m) | $22.7m | ($9.8m) | |
| Changes In Cash | — | — | — | — | — | ($359.6m) | ($265.9m) | ($253.2m) | $31.8m | $129.3m | |
| End Cash Position | — | — | — | — | — | $815.6m | $549.7m | $296.6m | $328.3m | $521.1m | |
| Financing Cash Flow | — | — | — | — | — | $3.1b |
($2.6b)
-184.01%
|
($2.0b)
+20.16%
|
($2.2b)
-9.29%
|
$822.8m
+136.73%
|
|
| Free Cash Flow | — | — | — | — | — | $1.2b | $2.2b | $1.6b | $2.1b | ($695.5m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | $43.5m | $32.6m | $373.0m | $108.8m | $593.9m | |
| Gain Loss On Sale Of Business | — | — | — | — | $0 | $11.0m | — | — | — | — | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | $4.8m | ($1.5m) | $767.2m | ($8.6m) | ($7.6m) | |
| Investing Cash Flow | — | — | — | — | — | ($4.8b) | ($65.3m) | ($466k) | $35.3m | ($3.3b) | |
| Net Business Purchase And Sale | — | — | — | — | $50k | ($4.7b) | $0 | $0 | — | — | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | ($8.7m) | ($4.3m) | ($16.7m) | $26.9m | $8.8m | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($153.6m) | ($110.4m) | ($23.3m) | $1.2m | ($129.8m) | |
| Operating Gains Losses | — | — | — | — | — | $39.6m | $26.8m | $355.3m | $127.3m | $6.3m | |
| Other Non Cash Items | — | — | — | — | — | $546.9m | $750.1m | $607.7m | $499.4m | — | |
| Purchase Of Business | — | — | — | — | $0 | ($4.7b) | $0 | $0 | — | — | |
| Purchase Of PPE | — | — | $182.6m | — | $401.7m | ($175.7m) | ($131.1m) | ($191.6m) | ($114.5m) | ($3.3b) | |
| Sale Of PPE | — | — | — | — | — | $22.1m | $20.7m | $168.3m | $115.7m | $172.6m | |
| Stock Based Compensation | — | — | — | — | — | $6.0m | $4.2m | $0 | $0 | $17.8m | |
| Adjustments For Decrease Increase In Trade Account Receivable | — | ($50.8m) | ($48.3m) | — | ($19.7m) | $266.6m | ($101.4m) | ($60.6m) | — | — | |
| Adjustments For Increase Decrease In Trade Account Payable | — | $238.9m | $101.9m | — | ($81.9m) | ($940.0m) | $423.1m | $419.0m | — | — | |
| Adjustments For Undistributed Profits Of Associates | — | — | — | — | — | — | $242.0m | $252.2m | — | — | |
| Goodwill | — | $348.4m | $348.4m | — | $371.1m | $1.6b | $1.6m | $1.6b | — | $6.2m | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | $12.3m | — | $6.9m | $76.2m | $123.2m | $155.4m | — | — | |
| Purchase Of Intangible Assets Classified As Investing Activities | — | — | — | — | — | — | — | $181.5m | — | — | |
| Total adjustments | $370.5m | $559.7m | $837.3m | $2.1b | $2.2b | $2.2b | $2.6b | $2.7b | $2.7b | — | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | ($359.6m) | ($265.9m) | ($253.2m) | $31.8m | — | |
| Interest Paid Classified As Financing Activities | ($142.4m) | $85.2m | $82.7m | ($121.3m) | $49.1m | ($502.8m) | $652.3m | $603.9m | ($502.5m) | — | |
| Income taxes paid | ($8.4m) | ($213.3m) | ($224.2m) | ($526.3m) | ($526.3m) | ($542.5m) | ($474.9m) | ($819.2m) | ($608.1m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.