Estados financieros detallados de Able View Inc. (ABLV): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Able View Inc. registró ingresos de $105.2M en el último ejercicio fiscal, con un CAGR de 5 años del 8.1%. El beneficio neto alcanzó $820018, con un CAGR a 5 años del -32.7%.
Márgenes de los últimos 12 meses: margen bruto 11.8%, margen operativo 0.0%, margen neto 1.6%. El flujo de caja libre creció a un CAGR del -15.4% en 5 años.
Al precio actual de $0.92, ABLV presenta beneficios negativos (P/E no significativo) y un ROE del 10.55%. La capitalización bursátil es de $46M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $71.3M | $117.3M | $145.3M | $149.0M | $128.9M | $105.2M |
| Coste de Ventas | $56.9M | $90.9M | $112.7M | $112.0M | $117.1M | $93.3M |
| Beneficio Bruto | $14.4M | $26.4M | $32.5M | $37.0M | $11.8M | $11.9M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $7.8M | $15.3M | $22.4M | $23.7M | $18.6M | $12.4M |
| Gastos Operativos | $7.8M | $15.3M | $22.4M | $23.7M | $20.6M | $12.4M |
| Beneficio Operativo | $6.6M | $11.1M | $10.1M | $13.3M | -$8.8M | -$486613 |
| EBITDA | $7.4M | $11.0M | $10.4M | $13.4M | -$8.4M | $84303 |
| Gastos por Intereses | $313390 | $787528 | $612554 | $842246 | $403172 | $671679 |
| Beneficio Antes de Impuestos | $7.0M | $10.1M | $9.4M | $11.7M | -$9.6M | -$696524 |
| Impuestos | $1.0M | $1.4M | $1.5M | $1.9M | -$2.2M | $2.1M |
| Beneficio Neto | $5.9M | $8.7M | $7.9M | $9.8M | -$7.4M | $820018 |
| BPA | $0.14 | $0.23 | $0.20 | $0.24 | $-0.18 | $0.02 |
| BPA Diluido | $0.14 | $0.23 | $0.20 | $0.24 | $-0.18 | $0.02 |
| Acciones en Circulación (Diluidas) | $42.4M | $37.7M | $37.7M | $39.5M | $41.8M | $49.4M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 |
|---|
| Ingresos | $23.3M | $23.3M | $29.3M | $105.2M |
| Beneficio Bruto | $3.4M | $3.4M | $2.5M | $11.9M |
| Beneficio Operativo | $747096 | $747096 | -$990403 | -$486613 |
| EBITDA | $803174 | $803174 | -$976089 | $84303 |
| Beneficio Neto | $1.7M | $1.7M | -$1.3M | $820018 |
| BPA | $-0.00 | $-0.00 | $-0.03 | $0.02 |
| BPA Diluido | $-0.00 | $-0.00 | $-0.03 | $0.02 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $4.3M | $6.7M | $5.8M | $13.3M | $15.3M | $9.0M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $5.3M | $10.4M | $24.5M | $15.7M | $16.9M | $14.0M |
| Inventario | $6.9M | $10.0M | $20.0M | $17.4M | $6.6M | $3.3M |
| Activos Corrientes | $17.2M | $35.2M | $52.1M | $48.5M | $40.3M | $32.1M |
| Inmovilizado Material | $220966 | $276153 | $549009 | $2.4M | $1.6M | $345965 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $17.5M | $36.6M | $54.6M | $54.9M | $47.6M | $34.6M |
| Cuentas por Pagar | $291776 | $3.2M | $916878 | $3.6M | $2.6M | $1.9M |
| Deuda a Corto | $3.3M | $3.6M | $15.7M | $2.9M | $8.0M | $9.3M |
| Pasivos Corrientes | $9.8M | $27.5M | $30.7M | $15.7M | $17.4M | $19.8M |
| Deuda a Largo | 0 | 0 | 0 | $10.7M | $2.2M | $2.2M |
| Pasivos Totales | $9.8M | $27.5M | $49.1M | $43.5M | $40.5M | $26.8M |
| Reservas | $6.8M | $8.5M | $7540 | $9.5M | $2.0M | $2.4M |
| Patrimonio Neto | $7.7M | $9.0M | $5.5M | $11.4M | $7.1M | $7.8M |
| Deuda Total | $3.3M | $3.6M | $16.0M | $15.3M | $11.1M | $11.6M |
| Deuda Neta | -$988466 | -$3.2M | $10.2M | $2.0M | -$4.2M | $2.6M |
| Capital Circulante | $7.4M | $7.6M | $21.4M | $32.9M | $22.9M | $12.3M |
Balance (Trimestral)
| Año | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 |
|---|
| Caja y Equivalentes | $6.3M | $6.3M | $9.0M | $9.0M |
| Activos Totales | $38.7M | $38.7M | $34.6M | $34.6M |
| Pasivos Totales | $29.0M | $29.0M | $26.8M | $26.8M |
| Patrimonio Neto | $9.7M | $9.7M | $7.8M | $7.8M |
| Deuda Total | $11.3M | $11.3M | $11.7M | $11.6M |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $5.9M | $8.7M | $7.9M | $9.4M | -$1.1M | -$2.8M |
| Amortizaciones | $107698 | $125603 | $417550 | $270616 | $126539 | $109148 |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Cambio en Capital Circulante | -$2.4M | -$10.0M | -$20.6M | $18.1M | -$4.4M | -$2.5M |
| Flujo de Caja Operativo | $2.8M | -$1.9M | -$12.8M | $23.6M | -$2.2M | $1.2M |
| Inversiones (CapEx) | -$154387 | -$174900 | -$195640 | -$66982 | -$65857 | -$27171 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | -$3.2M |
| Recompra de Acciones | 0 | 0 | 0 | -$432750 | -$865500 | 0 |
| Dividendos Pagados | 0 | -$2.6M | -$6.9M | -$57477 | -$57672 | -$57726 |
| Flujo de Caja Libre | $2.7M | -$2.1M | -$13.0M | $23.5M | -$2.3M | $1.2M |
Flujo de Caja (Trimestral)
| Año | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 |
|---|
| Flujo de Caja Operativo | -$943214 | -$943214 | $1.5M | $1.2M |
| Inversiones (CapEx) | -$2227 | -$2227 | -$11359 | -$27171 |
| Flujo de Caja Libre | -$945441 | -$945441 | $1.5M | $1.2M |
| Dividendos Pagados | -$28877 | -$28877 | 0 | -$57726 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +64.6% | +23.8% | +2.6% | -13.5% | -18.4% |
| Crecimiento Beneficio Neto (anual) | | +46.3% | -9.1% | +23.4% | -176.1% | +111.1% |
| Crecimiento BPA (anual) | | +64.3% | -13.0% | +20.0% | -175.0% | +111.1% |
| Cambio en Acciones (anual) | | -10.9% | +0.0% | +4.6% | +5.8% | +18.3% |
| Crecimiento FCF (anual) | | -177.0% | -529.3% | +280.2% | -109.8% | +150.6% |
| Margen Bruto | 20.1% | 22.5% | 22.4% | 24.8% | 9.2% | 11.3% |
| Margen Operativo | 9.2% | 9.5% | 7.0% | 8.9% | -6.8% | -0.5% |
| Margen EBITDA | 10.3% | 9.3% | 7.2% | 9.0% | -6.5% | 0.1% |
| Margen Neto | 8.3% | 7.4% | 5.4% | 6.5% | -5.8% | 0.8% |
| Margen FCF | 3.8% | -1.8% | -9.0% | 15.8% | -1.8% | 1.1% |
| Tasa Impositiva Efectiva | 14.6% | 13.5% | 15.7% | 16.6% | 22.7% | -297.3% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.06 | $-0.05 | $-0.35 | $0.60 | $-0.06 | $0.02 |
| Dividendo por Acción | $0.00 | $0.07 | $0.18 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $42.4M | $37.7M | $37.7M | $39.5M | $41.8M | $49.4M |
Qué mirar en empresas de Consumer Cyclical
- Margen operativo medio 5a (Media del ciclo) — Mira la media del ciclo, no el año actual (pico o valle).
- Rotación de inventario (≥4x/año) — El retail sano rota inventario rápido. Una caída señala demanda débil.
- ROIC medio 5a (≥12%) — Cíclicas con ROIC medio >12% son ganadoras estructurales.
- Deuda neta / EBITDA (pico) (<3x en valle) — En cíclicas la deuda mata en recesión.
- Current Ratio (>1,5x) — Aguanta 12-18 meses sin caja operativa.
- Altman Z-Score (>2,99 seguro) — Modelo de bancarrota — clave en cíclicas sensibles a recesión.
Rentabilidad
| Rentabilidad sobre capital | 10.55% |
| Rentabilidad sobre capital invertido | -2.02% |
| Rentabilidad sobre activos | 2.37% |
| Margen bruto | 11.76% |
| Margen operativo | 0.01% |
| Margen neto | 1.62% |
Salud financiera
| Deuda / Patrimonio | 1.50 |
| Ratio corriente | 1.62 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 4.27 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 39.29 | 23.91 | 27.50 | 11.25 | -4.16 | 33.77 |
| P/VC | 30.11 | 22.97 | 37.52 | 9.33 | 4.40 | 4.29 |
| P/V | 3.27 | 1.77 | 1.43 | 0.71 | 0.24 | 0.32 |
| Margen Bruto | 20.1% | 22.5% | 22.4% | 24.8% | 9.2% | 11.3% |
| Margen Operativo | 9.2% | 9.5% | 7.0% | 8.9% | -6.8% | -0.5% |
| Margen Neto | 8.3% | 7.4% | 5.4% | 6.5% | -5.8% | 0.8% |