Betterware de Mexico, S.A.P.I. de C.V. (BWMX) — Financial statements
Income statement, balance sheet, and cash flow for Betterware de Mexico, S.A.P.I. de C.V. — annual and quarterly history with growth and margin analysis.
| Metric (MXN Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 14,265↑1.2% | 14,101↑8.4% | 13,010↑13.1% | 11,508↑14.3% | 10,068 | |
| Cost of Revenue | 4,758↑5.3% | 4,520↑22.1% | 3,701↓7.1% | 3,984↓11.4% | 4,498 | |
| Gross Profit | 9,507↓0.8% | 9,581↑2.9% | 9,308↑23.7% | 7,524↑35.1% | 5,570 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 2,467↑23.0% | 2,005↓31.1% | 2,909↑32.3% | 2,198↑76.2% | 1,248 | |
| Selling & Marketing Expenses | 4,767↓1.5% | 4,842↑19.4% | 4,054↑23.8% | 3,275↑90.4% | 1,720 | |
| SG&A Expenses | 7,233↑5.7% | 6,846↓1.7% | 6,962↑27.2% | 5,474↑84.4% | 2,968 | |
| Other Expenses | 0.00↓100.0% | 1,048 | 0.00↓100.0% | 22 | 0.00 | |
| Operating Expenses | 7,233↓8.4% | 7,894↑13.4% | 6,962↑26.7% | 5,496↑85.2% | 2,968 | |
| Total Costs & Expenses | 11,991↓3.4% | 12,415↑16.4% | 10,664↑12.5% | 9,479↑27.0% | 7,466 | |
| Operating Results | ||||||
| Operating Income | 2,273↑34.8% | 1,686↓28.1% | 2,346↑15.6% | 2,028↓22.0% | 2,602 | |
| Depreciation & Amortization | 390↓0.7% | 392↑4.5% | 375↑30.4% | 288↑250.3% | 82 | |
| EBITDA | 2,668↑20.6% | 2,213↓15.8% | 2,627↑18.4% | 2,218↓18.5% | 2,720 | |
| EBIT | 2,278↑25.2% | 1,820↓19.1% | 2,251↑16.6% | 1,930↓26.8% | 2,638 | |
| Interest & Other Income | ||||||
| Net Interest Income | -507↑17.8% | -617↑20.4% | -775↓50.6% | -515↓930.4% | -50 | |
| Interest Income | 34↑49.4% | 23↓49.4% | 45↑57.0% | 29↑10.9% | 26 | |
| Interest Expense | 541↓15.4% | 640↓22.0% | 820↑51.0% | 543↑616.6% | 76 | |
| Non-Operating Income | -5↑96.0% | -134↓242.3% | 94↓3.9% | 98↑369.4% | -36 | |
| Other Income / Expenses | -536↓6.0% | -505↑44.7% | -915↓42.6% | -642↓1529.5% | -39 | |
| Income Before Tax | 1,737↑47.1% | 1,181↓17.5% | 1,431↑3.2% | 1,387↓45.9% | 2,562 | |
| Income Tax Expense | 695↑48.0% | 469↑22.1% | 384↓25.6% | 517↓36.5% | 815 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,043↑46.6% | 712↓32.0% | 1,047↑20.3% | 870↓50.2% | 1,748 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,043↑46.5% | 712↓32.2% | 1,049↑20.3% | 873↓50.2% | 1,752 | |
| Bottom-Line Net Income | 1,043↑46.5% | 712↓32.2% | 1,049↑20.3% | 873↓50.2% | 1,752 | |
| EPS (Basic) | 27.94↑46.5% | 19.07↓32.3% | 28.18↑30.6% | 21.57↓54.5% | 47.38 | |
| EPS (Diluted) | 27.94↑46.5% | 19.07↓32.3% | 28.16↑31.7% | 21.38↓54.4% | 46.91 | |
| Weighted Average Shares | 37↓0.0% | 37↑0.2% | 37↑8.3% | 34↓7.9% | 37 | |
| Weighted Average Diluted Shares | 37↓0.0% | 37↑0.0% | 37↑8.5% | 34↓7.9% | 37 | |
* All figures in Millions of MXN, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.