Page: Company Financials
Bolsas y Mercados Argentinos S.A.
$340.25
+8.25 (2.48%)
As of: 2026-01-28
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Stock Price | 197.83 | 176.74 | 50.54 |
| Market Capitalization | 1,072,129.49M | 533,951.24M | 77,069.69M |
| (-) Cash & Equivalents | 730,628.44M | 470,686.84M | 173,677.60M |
| (+) Total Debt | 7.88M | 0.83M | 0.36M |
| Enterprise Value | 341,508.93M | 63,265.24M | -96,607.56M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 208,960M | 136,264M | 144,800M | 113,102M | 37,425M | 12,643M | 6,681M | 4,677M |
| Cost of Revenue | 51,196M | 44,138M | 41,739M | 42,400M | 16,599M | 5,704M | 3,323M | 2,352M |
| Gross Profit | 157,764M | 92,126M | 103,061M | 70,702M | 20,827M | 6,939M | 3,358M | 2,326M |
| Gross Profit Margin | 75.5% | 67.6% | 71.2% | 62.5% | 55.6% | 54.9% | 50.3% | 49.7% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 1,546M | 11,110M | 1,205M | 16,062M | 7,465M | 2,862M | 1,262M | 758M |
| Operating Expenses | -33,185M | -44,802M | -43,807M | -54,992M | -7,250M | 307M | -735M | -1,793M |
| Operating Income (EBIT) | 190,949M | 136,928M | 146,868M | 125,694M | 28,076M | 6,633M | 4,093M | 4,119M |
| Operating Income Margin | 91.4% | 100.5% | 101.4% | 111.1% | 75.0% | 52.5% | 61.3% | 88.1% |
| Interest Income | 43,581M | 23,723M | 26,004M | 31,236M | 4,555M | 1,540M | 1,100M | 1,912M |
| Interest Expense | 3,697M | 1,543M | 3,685M | 1,470M | 1,251M | 322M | 165M | 51M |
| Net Interest Income | 39,884M | 22,180M | 22,319M | 29,766M | 3,305M | 1,218M | 935M | 1,861M |
| Unusual Items | -25,372M | -130,743M | -159,105M | 122,979M | -22,145M | -7,559M | 1,403M | -2,702M |
| EBT Excluding Unusual Items | 230,832M | 159,108M | 169,187M | 155,460M | 31,381M | 7,850M | 5,028M | 5,980M |
| Pre-Tax Income | 205,460M | 28,365M | 10,082M | 278,439M | 9,236M | 291M | 6,431M | 3,277M |
| Pre-Tax Margin | 98.3% | 20.8% | 7.0% | 246.2% | 24.7% | 2.3% | 96.3% | 70.1% |
| Income Tax Expense | 49,840M | 41,209M | 35,073M | 49,380M | 7,352M | 2,708M | 1,993M | 784M |
| Net Income | 155,604M | -12,831M | -24,966M | 228,993M | 1,886M | -2,415M | 4,436M | 2,492M |
| Net Income Margin | 74.5% | -9.4% | -17.2% | 202.5% | 5.0% | -19.1% | 66.4% | 53.3% |
| Depreciation & Amortization | 11,340M | 9,139M | 8,872M | 5,810M | 2,286M | 804M | 417M | 288M |
| EBITDA | 202,288M | 146,067M | 155,740M | 131,504M | 30,363M | 7,437M | 4,509M | 4,406M |
| EBITDA Margin | 96.8% | 107.2% | 107.6% | 116.3% | 81.1% | 58.8% | 67.5% | 94.2% |
| NOPAT | 144,628M | -62,004M | -364,030M | 103,403M | 5,727M | -55,038M | 2,824M | 3,133M |
| NOPAT Margin | 69.2% | -45.5% | -251.4% | 91.4% | 15.3% | -435.3% | 42.3% | 67.0% |
| Owner's Earnings | 155,447M | -9,541M | -23,787M | 229,797M | 635M | -3,483M | 4,556M | 2,419M |
| Owner's Earnings Margin | 74.4% | -7.0% | -16.4% | 203.2% | 1.7% | -27.5% | 68.2% | 51.7% |
| EPS (Basic) | 31.29 | 13.34 | -9.18 | 27.58 | 0.94 | -1.58 | 2.91 | 0.48 |
| EPS (Diluted) | 30.38 | -5.50 | -9.18 | 60.06 | 2.35 | -1.58 | 2.91 | 0.65 |
| Shares (Basic) | 5,121M | 2,334M | 2,720M | 3,813M | 803M | 1,525M | 1,525M | 3,848M |
| Shares (Diluted) | 5,121M | 2,334M | 2,720M | 3,813M | 803M | 1,525M | 1,525M | 3,848M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 818,081.38M | 557,751.59M | 595,789.64M | 333,564.74M | 60,758.12M | 91,027.20M | 67,353.56M | -0.87M |
| Short-Term Investments | 620,916.55M | 530,500.23M | 491,343.43M | 262,720.56M | 83,457.32M | 53,978.90M | 23,934.17M | 0.00M |
| Cash & Short-Term Investments | 1,438,997.93M | 1,088,251.82M | 1,087,133.07M | 596,285.31M | 144,215.44M | 145,006.10M | 91,287.73M | -0.87M |
| Net Receivables | 761,814.00M | 478,582.52M | 342,687.32M | 142,695.78M | 85,532.57M | 27,571.45M | 15,907.42M | 9,000.91M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Assets | 703.08M | 2,431.87M | 979.88M | 160.32M | 154.20M | 227.29M | 102.11M | 12,141.65M |
| Total Current Assets | 2,201,515.01M | 1,569,266.20M | 1,430,800.28M | 739,141.41M | 229,902.21M | 172,804.85M | 107,297.27M | 21,141.69M |
| Property, Plant & Equipment | 21,203.89M | 20,993.66M | 18,617.89M | 9,021.79M | 3,102.87M | 3,103.84M | 1,535.11M | 0.00M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 2,260.21M | 1,497.41M |
| Intangible Assets | 115,380.68M | 109,476.70M | 93,414.06M | 42,927.60M | 42,617.28M | 13,218.12M | 4,029.47M | 0.00M |
| Long-Term Investments | 0.00M | 0.00M | -382,509.30M | -81,440.87M | 0.00M | -46,603.12M | -19,719.34M | 0.00M |
| Tax Assets | 0.00M | 0.00M | 440.36M | 81,440.87M | 282.24M | 0.00M | 0.00M | 326.57M |
| Other Non-Current Assets | 63,268.28M | 155,330.01M | 495,132.63M | 264,565.93M | 20,263.98M | 55,293.74M | 24,658.67M | -1,823.98M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 199,852.85M | 285,800.37M | 225,095.64M | 316,515.33M | 66,266.36M | 25,012.58M | 12,764.13M | 0.00M |
| Total Assets | 2,401,367.86M | 1,855,066.57M | 1,655,895.92M | 1,055,656.73M | 296,168.57M | 197,817.43M | 120,061.40M | 21,141.69M |
| Accounts Payable | 766,809.85M | 675,888.44M | 538,366.32M | 360,807.99M | 220,926.59M | 79,137.14M | 52,074.62M | 35,558.57M |
| Short-Term Debt | 7.13M | 8.25M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Payables | 7,041.31M | 4,396.13M | 3,856.03M | 1,311.85M | 788.01M | 296.91M | 154.41M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 16,098.04M | 0.00M |
| Other Current Liabilities | 315,431.48M | 154,864.08M | 221,671.10M | 183,922.67M | 108,014.55M | 27,768.20M | 18,235.37M | -47,201.43M |
| Total Current Liabilities | 1,089,289.76M | 835,156.90M | 763,893.46M | 546,042.51M | 329,729.15M | 107,202.25M | 86,562.44M | -11,642.86M |
| Long-Term Debt | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Capital Lease Obligations | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.27M | 0.87M |
| Deferred Tax Liabilities | 23,589.32M | 21,565.87M | 20,726.23M | 8,397.17M | 3,555.65M | 576.39M | 169.75M | 0.00M |
| Other Non-Current Liabilities | 685.50M | 743.50M | 743.50M | 5.77M | 17.96M | 11.24M | 8.71M | 0.00M |
| Total Non-Current Liabilities | 24,274.82M | 22,309.37M | 21,469.73M | 8,402.94M | 3,573.61M | 587.62M | 178.73M | 0.87M |
| Total Liabilities | 1,113,564.59M | 857,466.28M | 785,363.19M | 554,445.45M | 333,302.76M | 107,789.87M | 86,741.17M | -11,641.98M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 12,014.18M | 11,592.87M | 3,812.50M | 762.50M | 762.50M | 815.02M | 416.10M | 0.00M |
| Retained Earnings | 279,708.64M | 66,485.50M | -24,965.98M | 105,156.80M | 605.57M | -2,414.73M | 4,436.34M | 0.00M |
| Accumulated OCI | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 81.22M | 86.15M | 70.13M | 82.52M | 52.33M | 17.44M | 10.18M | 0.00M |
| Total Shareholders’ Equity | 291,722.81M | 78,078.37M | -21,153.48M | 105,919.30M | 1,368.07M | -1,599.71M | 4,852.44M | 0.00M |
| Total Equity | 291,804.04M | 78,164.52M | -21,083.35M | 106,001.82M | 1,420.40M | -1,582.27M | 4,862.62M | 0.00M |
| Total Liabilities & Equity | 1,405,368.62M | 935,630.80M | 764,279.84M | 660,447.27M | 334,723.16M | 106,207.60M | 91,603.79M | -11,641.98M |
| Tangible Assets | 2,285,987.18M | 1,745,589.87M | 1,562,481.85M | 1,012,729.13M | 253,551.29M | 184,599.31M | 113,771.71M | 19,644.28M |
| Tangible Equity | 176,423.36M | -31,312.18M | -114,497.42M | 63,074.22M | -41,196.88M | -14,800.39M | -1,427.06M | -1,497.41M |
| Tangible Book Value | 176,423.36M | -31,312.18M | -114,497.42M | 63,074.22M | -41,196.88M | -14,800.39M | -1,427.06M | -1,497.41M |
| Total Investments | 620,916.55M | 530,500.23M | 108,834.13M | 181,279.69M | 18,322.00M | 7,375.78M | 4,214.83M | 0.00M |
| Net Debt | -818,074.25M | -557,743.34M | -595,789.64M | -333,564.74M | -60,758.12M | -91,027.20M | -67,353.56M | 0.87M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Working Capital | 371,749.9M | 272,996.3M | 339,665.8M | 56,790.4M | 122,821.9M | 39,305.0M | 22,114.3M | 11,537.5M |
| Total Capital | 547,253.8M | 536,409.4M | 543,221.6M | 283,379.4M | 61,571.9M | 63,712.5M | 34,690.1M | 0.9M |
| Capital Employed | 571,602.7M | 558,796.7M | 564,761.4M | 291,864.8M | -216,926.3M | 64,317.5M | 34,878.4M | -0.9M |
| Invested Capital | -270,827.6M | -21,342.2M | -52,568.1M | -50,185.4M | 813.8M | -27,314.7M | -32,663.5M | 1.7M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Net Income | 160,602.15M | -22,180.25M | -24,990.55M | 229,059.01M | 1,883.81M | -2,416.88M | 4,437.64M | 2,493.25M |
| Depreciation & Amortization | 11,339.56M | 8,291.96M | 8,871.62M | 5,810.29M | 2,286.24M | 804.02M | 416.65M | 287.72M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 8,196.07M | -221,537.61M | -437,585.98M | 437,338.44M | -3,518.64M | -31,237.13M | -2,632.83M | 11,193.02M |
| Accounts Receivable | 156,879.94M | -12,909.68M | -2,770.43M | 297,712.21M | -22,345.69M | 244.13M | -2,578.02M | 5,089.86M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts Payable | -178,652.72M | 101,546.33M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | 29,910.99M | -172,313.19M | -434,815.55M | 139,626.23M | 18,827.05M | -31,481.26M | -54.81M | 6,103.16M |
| Other Non-Cash Items | -44,837.43M | -142,679.93M | -37,394.79M | -365,009.24M | -34,054.81M | -5,721.43M | -4,817.60M | -2,747.79M |
| Net Cash from Operating Activities | 135,300.35M | -378,133.59M | -491,099.70M | 307,198.50M | -33,403.40M | -38,571.42M | -2,596.14M | 11,226.19M |
| Capital Expenditures (PPE) | -5,162.35M | -2,864.94M | -7,692.94M | -1,289.67M | -728.09M | -470.88M | -250.84M | -256.96M |
| Acquisitions (Net) | -805.52M | -272.32M | -74.53M | -709.67M | -177.73M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | 0.00M | -163,950.91M | 0.00M | -163,676.11M | -86,794.25M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 96,660.09M | 277,293.44M | 373,956.01M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | 59,888.90M | 64,654.94M | 0.00M | -159,689.76M | -2,808.67M | -7,805.72M | 9,527.31M | -7,637.82M |
| Net Cash from Investing Activities | 150,581.12M | 175,135.01M | 366,188.54M | -325,365.21M | -90,508.73M | -8,276.60M | 9,276.47M | -7,894.78M |
| Net Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | -467.52M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -338.22M | -641.71M |
| Common Stock Issuance | -467.52M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -338.22M | -641.71M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -217,527.15M | -49,148.17M | -48,130.85M | -28,777.73M | -8,551.60M | -1,315.97M | -386.80M | -747.74M |
| Common Dividends Paid | -62,810.65M | -49,148.17M | -48,130.85M | -28,777.73M | -8,551.60M | -1,315.97M | -386.80M | -747.74M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -51.64M | -45.36M | -85.00M | 0.00M | 0.00M | -0.25M | -78.92M | -18.17M |
| Net Cash from Financing Activities | -218,046.31M | -49,193.53M | -48,215.85M | -28,777.73M | -8,551.60M | -1,316.22M | -803.94M | -1,407.62M |
| Effect of FX on Cash | 188,298.92M | 219,558.43M | 42,533.96M | 361,306.49M | 38,203.50M | 7,991.30M | 6,582.18M | 3,752.96M |
| Net Change in Cash | 256,134.07M | 127,042.24M | -130,593.05M | 314,362.05M | -94,260.23M | -40,172.95M | 12,458.57M | 5,676.75M |
| Cash at Beginning of Period | 2,531,540.89M | 1,722,405.35M | 726,382.69M | 412,020.63M | 283,465.67M | 131,200.15M | 54,895.00M | 30,691.61M |
| Cash at End of Period | 2,787,674.96M | 1,849,447.59M | 595,789.64M | 726,382.69M | 189,205.44M | 91,027.20M | 67,353.56M | 36,368.36M |
| Operating Cash Flow | 135,300.35M | -378,133.59M | -491,099.70M | 307,198.50M | -33,403.40M | -38,571.42M | -2,596.14M | 11,226.19M |
| Capital Expenditure | -11,496.71M | -5,849.07M | -7,692.94M | -5,006.95M | -3,536.75M | -1,872.02M | -296.73M | -361.64M |
| Free Cash Flow | 123,803.63M | -383,982.66M | -498,792.64M | 302,191.55M | -36,940.15M | -40,443.44M | -2,892.87M | 10,864.55M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| EBITDA | 167,557.56M | 90,155.31M | 110,727.80M | 60,450.52M | 15,648.11M | 4,881.17M | 2,512.68M | 1,855.51M |
| (-) Tax Adjustment | 40,645.99M | 31,554.36M | 38,754.73M | 10,720.65M | 5,476.84M | 1,708.41M | 778.79M | 443.88M |
| (-) Change In Working Capital | 8,196.07M | -221,537.61M | -437,585.98M | 437,338.44M | -3,518.64M | -31,237.13M | -2,632.83M | 11,193.02M |
| (-) Capital Expenditure | -11,496.71M | -5,849.07M | -7,692.94M | -5,006.95M | -3,536.75M | -1,872.02M | -296.73M | -361.64M |
| Unlevered Free Cash Flow | 107,218.78M | 274,289.49M | 501,866.11M | -392,615.52M | 10,153.16M | 32,537.88M | 4,069.99M | -10,143.04M |
| (-) Net Interest Income After Taxes | 30,208.85M | 14,417.05M | 14,507.52M | 24,487.17M | 2,148.09M | 791.61M | 645.24M | 1,415.86M |
| Net Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Levered Free Cash Flow | 77,009.93M | 259,872.43M | 487,358.60M | -417,102.69M | 8,005.07M | 31,746.27M | 3,424.75M | -11,558.90M |