Betterware De Mexico, S.A.P.I. De C.V - Understand $bwmx stock

$BWMX Market Cap: $462.7 Million

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Financial Snapshot

Revenue

$13.72B

TTM

Gross Margin

71.75%

TTM

Net Earnings

$885.4M

TTM

Current Assets

$4.719B

Q3 2024

Current Liabilities

$4.419B

Q3 2024

Current Ratio

106.78%

Q3 2024

Total Assets

$10.86B

Q3 2024

Total Liabilities

$9.678B

Q3 2024

Book Value

$1.184B

Q3 2024

Cash

$316.4M

Q3 2024

P/E

0.5226

Nov 29, 2024 EST

Free Cash Flow

$1.764B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$13.01B	$11.51B	$10.04B	$7.260B	$3.085B	$2.317B	$1.450B
YoY Change	13.05%	14.62%	38.28%	135.37%	33.15%	59.81%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$13.01B	$11.51B	$10.04B	$7.260B	$3.085B	$2.317B	$1.450B
Cost Of Revenue	$3.701B	$3.579B	$4.399B	$3.291B	$1.281B	$958.5M	$558.1M
Gross Profit	$9.308B	7.928B mxns	$5.641B	$3.969B	$1.804B	$1.358B	$891.6M
Gross Profit Margin	71.55%	68.9%	56.18%	54.67%	58.48%	58.63%	61.5%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$6.962B	$5.460B	$2.717B	$1.774B	$950.8M	$806.5M	$560.7M
YoY Change	27.51%	100.99%	53.13%	86.59%	17.9%	43.83%
% of Gross Profit	74.8%	68.87%	48.17%	44.7%	52.71%	59.38%	62.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$375.1M	$287.7M	$82.12M	$43.69M	$38.40M	$25.96M	$24.21M	$24.21M
YoY Change	30.39%	250.33%	87.97%	13.77%	47.91%	7.24%	0.0%
% of Gross Profit	4.03%	3.63%	1.46%	1.1%	2.13%	1.91%	2.72%
Operating Expenses	$6.962B	$5.609B	$2.777B	$1.791B	$969.1M	$806.5M	$560.7M
YoY Change	24.14%	101.94%	55.03%	84.86%	20.16%	43.83%
Operating Profit	$2.346B	2.320B mxns	$2.863B	$2.178B	$834.8M	$551.7M	$330.9M
YoY Change	1.12%	-18.98%	31.46%	160.91%	51.29%	66.76%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	-$914.6M	543.3M mxns	-$39.37M	-$1.239B	-$107.4M	-$102.3M	-$26.24M
YoY Change	-268.34%	-1480.04%	-96.82%	1053.73%	5.0%	289.91%
% of Operating Profit	-38.99%	23.42%	-1.38%	-56.9%	-12.87%	-18.54%	-7.93%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	$1.431B	$1.387B	$2.625B	$881.1M	$704.8M	$449.4M	$304.6M
YoY Change	3.19%	-47.17%	197.95%	25.01%	56.82%	47.54%
Income Tax	$384.4M	$516.9M	$824.5M	$542.8M	$232.7M	$150.2M	$96.95M
% Of Pretax Income	26.86%	37.27%	31.4%	61.6%	33.01%	33.41%	31.83%
Net Earnings	$1.049B	-870.0M mxns	$1.805B	$338.4M	$472.1M	$299.3M	$207.7M
YoY Change	-220.63%	-148.21%	433.33%	-28.33%	57.77%	44.1%
Net Earnings / Revenue	8.07%	-7.56%	17.97%	4.66%	15.31%	12.92%	14.33%
Basic Earnings Per Share
Diluted Earnings Per Share	$28.12	$23.41	$48.33M	$9.841M	$15.63M	$8.331M	$5.781M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$549.7M	$815.6M	$1.175B	$649.8M	$213.7M	$177.4M	$230.9M	$230.9M
YoY Change	-32.6%	-30.6%	80.86%	204.07%	20.47%	-23.16%	0.0%
Cash & Equivalents	$549.7M	$448.6M	$224.1M	$20.70M	$117.7M	$130.9M	$110.0M	$110.0M
Short-Term Investments
Other Short-Term Assets	$309.8M	$225.7M	$174.5M	$166.2M	$66.50M	$30.53M	$19.70M	$19.70M
YoY Change	37.25%	29.39%	4.97%	149.92%	117.81%	55.0%	0.0%
Inventory	$2.031B	$2.123B	$1.339B	$1.274B	$345.6M	$302.2M	$141.9M	$141.9M
Prepaid Expenses
Receivables	$1.073B	$971.1M	$778.1M	$757.8M	$247.7M	$198.8M	$148.0M	$148.0M
Other Receivables	$29.46M	$220.0M	$4.949M	$58.70M	$7.300M	$20.95M	$19.55M	$19.55M
Total Short-Term Assets	$3.992B	$4.355B	$3.472B	$2.907B	$880.7M	$729.9M	$560.0M	$560.0M
YoY Change	-8.34%	25.43%	19.45%	230.03%	20.67%	30.34%	0.0%
Property, Plant & Equipment	$3.269B	$3.267B	$1.087B	$816.0M	$231.2M	$42.97M	$57.16M	$57.16M
YoY Change	0.06%	200.58%	33.2%	252.94%	438.02%	-24.82%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$1.236M	$497.0K			$1.087B
YoY Change	-100.0%	148.69%
Other Assets	$577.3M	$365.8M	$4.274M	$23.40M	$18.50M	$24.24M	$21.42M	$21.42M
YoY Change	57.81%	8459.48%	-81.74%	26.49%	-23.66%	13.16%	0.0%
Total Long-Term Assets	$7.096B	$6.978B	$1.832B	$1.507B	$909.0M	$727.7M	$727.5M	$727.5M
YoY Change	1.7%	280.77%	21.58%	65.81%	24.91%	0.04%	0.0%
Total Assets	$11.09B	$11.33B	$5.305B	$4.414B	$1.790B	$1.458B	$1.287B	$1.287B
YoY Change
Accounts Payable	$1.790B	$1.469B	$1.985B	$2.079B	$529.3M	$445.2M	$211.1M	$211.1M
YoY Change	21.88%	-26.01%	-4.51%	292.71%	18.88%	110.94%	0.0%
Accrued Expenses	$424.9M	$394.7M	$142.2M	$109.8M	$54.50M	$54.33M	$52.48M	$52.48M
YoY Change	7.63%	177.65%	29.48%	101.47%	0.31%	3.52%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$625.8M	$315.8M	$34.23M	$113.6M	$162.3M	$90.69M	$46.22M	$46.22M
YoY Change	98.16%	822.74%	-69.87%	-30.01%	78.96%	96.22%	0.0%
Total Short-Term Liabilities	$3.826B	$3.123B	$2.421B	$2.867B	$878.4M	$734.4M	$437.3M	$437.3M
YoY Change	22.51%	29.03%	-15.59%	226.43%	19.6%	67.95%	0.0%
Long-Term Debt	$4.879B	$6.125B	$1.494B	$540.7M	$540.0M	$562.8M	$591.2M	$591.2M
YoY Change	-20.35%	309.95%	176.32%	0.13%	-4.05%	-4.8%	0.0%
Other Long-Term Liabilities	$127.2M	$153.9M	$2.093M	$26.90M	$18.40M	$9.475M	$1.283M	$1.283M
YoY Change	-17.39%	7253.42%	-92.22%	46.2%	94.2%	638.5%	0.0%
Total Long-Term Liabilities	$5.006B	$6.279B	$1.496B	$567.6M	$558.4M	$572.3M	$592.4M	$592.4M
YoY Change	-20.27%	319.66%	163.59%	1.65%	-2.42%	-3.41%	0.0%
Total Liabilities	$9.613B	$10.24B	$4.012B	$3.492B	$1.515B	$1.377B	$1.109B	$1.109B
YoY Change	-6.09%	155.14%	14.9%	130.46%	10.01%	24.23%	0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $462.73 Million

About BETTERWARE DE MEXICO, S.A.P.I. DE C.V

Betterware de México SAB de CV engages in direct-to-consumer selling business. The company is headquartered in Zapopan, Jalisco. The company went IPO on 2021-08-30. DE C.V.. is a Mexico-based company that sells household appliances through an online portal. The firm operates through a Catalogue that shows the different retail household products that it comprises,including kitchen appliances, garden tools, and everyday accesories among other categories. The firm operates accross all of the Mexican states as Betterware's products reach every city in Mexico due to the strategic position of their production plant.

Industry: Retail-Catalog & Mail-Order Houses Peers: