Estados financieros detallados de AMTD IDEA Group (AMTD): 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
AMTD IDEA Group registró ingresos de $57.2M en el último ejercicio fiscal, con un CAGR de 5 años del -44.6%. El beneficio neto alcanzó $43.6M, con un CAGR a 5 años del -47.9%.
Márgenes de los últimos 12 meses: margen bruto 43.6%, margen operativo 80.2%, margen neto 76.2%. El flujo de caja libre creció a un CAGR del -61.4% en 5 años.
Al precio actual de $0.71, AMTD cotiza a un P/E de 0.32 y un ROE del 2.51%. La capitalización bursátil es de $5M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $3.27B | $1.00B | $713.1M | $701.3M | $1.10B | $1.39B | $1.04B | $171.8M | $54.1M | $57.2M |
| Coste de Ventas | 0 | 0 | 0 | $938.27B | $2.0M | $95.1M | $314.6M | $25.7M | $29.6M | $32.3M |
| Beneficio Bruto | $3.27B | $1.00B | $714.2M | $698.7M | $1.10B | $761.8M | $1.06B | $122.7M | $24.4M | $24.9M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | $715595 | 0 | $106000 | 0 |
| Generales y Administrativos | $1.37B | $39.6M | $2.3M | $6.5M | $67.6M | $52.9M | $123.5M | $13.7M | $13.4M | $10.5M |
| Gastos Operativos | -$1.95B | $146.6M | $77.4M | -$114.70B | -$138.0M | -$516.8M | -$39.7M | $69.1M | -$1.6M | -$20.9M |
| Beneficio Operativo | $1.32B | $856.8M | $635.8M | $1.03B | $971.3M | $1.28B | $1.21B | $76.9M | $26.0M | $45.9M |
| EBITDA | $1.50B | $791.8M | $617.3M | $1.02B | $1.02B | $1.35B | $1.22B | $168.5M | $75.5M | $91.5M |
| Gastos por Intereses | $55.0M | $28.8M | $9.0M | $27.7M | $21.5M | $1.6M | $859000 | $8.2M | $13.4M | $12.7M |
| Beneficio Antes de Impuestos | $1.26B | $807.8M | $608.1M | $987.3M | $1.00B | $1.33B | $1.36B | $157.7M | $55.2M | $68.8M |
| Impuestos | $422.9M | $135.1M | $83.7M | $158.0M | -$137.5M | $109.3M | $104.6M | $4.3M | $1.6M | $1.6M |
| Beneficio Neto | $841.7M | $567.7M | $467.4M | $938.3M | $1.14B | $1.23B | $1.23B | $143.0M | $51.0M | $43.6M |
| BPA | $158.64 | $102.06 | $84.00 | $156.72 | $154.92 | $173.10 | $132.96 | $13.32 | $4.20 | $2.88 |
| BPA Diluido | $157.74 | $102.06 | $84.00 | $156.72 | $154.92 | $173.10 | $132.96 | $13.32 | $4.20 | $2.88 |
| Acciones en Circulación (Diluidas) | $5.3M | $5.6M | $5.6M | $6.0M | $6.8M | $6.3M | $8.3M | $10.1M | $11.2M | $15.0M |
Cuenta de Resultados (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Ingresos | $29.7M | $24.4M | $32.8M | $24.4M |
| Beneficio Bruto | $11.9M | -$5.3M | $21.2M | $3.7M |
| Beneficio Operativo | $23.3M | $2.7M | $61.7M | -$15.4M |
| EBITDA | $50.1M | $19.6M | $61.7M | $4.1M |
| Beneficio Neto | $42.7M | $8.4M | $43.2M | -$1.8M |
| BPA | $4.26 | $0.54 | $3.84 | $-0.11 |
| BPA Diluido | $4.26 | $0.54 | $3.84 | $-0.11 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $3.93B | $86.3M | $126.7M | $769.1M | $454.0M | $526.3M | $1.08B | $120.2M | $62.9M | $51.1M |
| Inversiones a Corto | $7.68B | $744.4M | $1.95B | 0 | $62.5M | 0 | 0 | 0 | $25.0M | $8.3M |
| Cuentas por Cobrar | $177.8M | $4.76B | $4.64B | $4.49B | $6.56B | $2.23B | $3.39B | $1.08B | $1.43B | $1.37B |
| Inventario | 0 | 0 | 0 | $2.35B | $516.4M | $526.3M | $1.08B | 0 | 0 | 0 |
| Activos Corrientes | $9.26B | $5.59B | $126.7M | $769.1M | $7.07B | $526.3M | $1.08B | $1.20B | $1.52B | $1.43B |
| Inmovilizado Material | $5.4M | $451361 | $131008 | $31099 | $111362 | $67134 | $90042 | $70.1M | $291.4M | $314.1M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | $58.7M | 0 | 0 | 0 |
| Activos Intangibles | $117.7M | $15.2M | $15.1M | $15.2M | $15.2M | $15.2M | $755.8M | $118.4M | $119.4M | $119.1M |
| Activos Totales | $28.82B | $6.04B | $7.10B | $8.30B | $10.53B | $6.69B | $8.27B | $1.49B | $2.07B | $2.30B |
| Cuentas por Pagar | $2.51B | $3.78B | $76.9M | $494.0M | $202.0M | 0 | $76.8M | $8.6M | $2.4M | $1.1M |
| Deuda a Corto | $82.3M | $351.0M | $322.0M | $318.9M | $30.0M | $49.9M | $20.1M | $65.8M | $63.5M | $83.2M |
| Pasivos Corrientes | $319.8M | $351.0M | 0 | $66.3M | $81.1M | $91.6M | $191.4M | $157.1M | $143.1M | $162.4M |
| Deuda a Largo | 0 | 0 | 0 | $117.2M | $116.2M | $125.7M | $3.6M | $30.4M | $219.4M | $208.9M |
| Pasivos Totales | $322.0M | $3.37B | $3.91B | $1.45B | $802.2M | $898.1M | $454.5M | $193.0M | $369.9M | $385.4M |
| Reservas | $2.35B | $869.9M | $1.34B | $2.29B | $3.34B | $4.45B | $5.56B | $859.8M | $906.6M | $940.7M |
| Patrimonio Neto | $2.61B | $2.18B | $2.65B | $6.85B | $9.72B | $5.77B | $7.57B | $1.29B | $1.59B | $1.74B |
| Deuda Total | $82.3M | $351.0M | $321.6M | $117.2M | $116.2M | $64.2M | $20.6M | $96.5M | $283.5M | $292.4M |
| Deuda Neta | -$4.60B | -$479.7M | $194.9M | -$651.9M | -$400.3M | -$462.0M | -$1.06B | -$23.7M | $195.6M | $233.0M |
| Capital Circulante | $8.94B | $5.24B | $126.7M | $702.9M | $6.99B | $434.7M | $886.6M | $1.05B | $1.38B | $1.27B |
Balance (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Caja y Equivalentes | $78.6M | $62.9M | $52.8M | $51.1M |
| Activos Totales | $1.70B | $2.07B | $2.19B | $2.30B |
| Pasivos Totales | $376.7M | $369.9M | $626.0M | $385.4M |
| Patrimonio Neto | $1.33B | $1.59B | $1.62B | $1.74B |
| Deuda Total | $265.3M | $283.5M | $524.1M | $292.4M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $841.7M | $103.5M | $467.4M | $941.6M | $1.14B | $1.22B | $1.23B | $143.0M | $55.2M | $68.8M |
| Amortizaciones | $177.9M | $48525 | $334343 | $114318 | $30367 | $44226 | $199131 | $2.6M | $6.8M | $9.9M |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | 0 | $1.6M | $207000 | 0 | 0 |
| Cambio en Capital Circulante | $421.9M | $2.9M | -$264.7M | $169.0M | -$28.1M | -$28.1M | -$167.5M | $31.4M | -$2.6M | $4.6M |
| Flujo de Caja Operativo | $1.47B | $10.8M | $79.0M | $712.0M | $326.4M | $434.8M | $209.1M | $40.0M | $5.2M | $17.8M |
| Inversiones (CapEx) | -$105.0M | -$17752 | -$14193 | -$13755 | -$110734 | -$8 | -$12843 | -$72000 | -$8000 | -$746000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | -$40.2M | -$300000 | $3.3M | -$929000 |
| Recompra de Acciones | -$351.9M | 0 | 0 | 0 | 0 | -$49.2M | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | -$721.90B | -$62.8M | -$124.3M | -$123.6M | -$2.8M | -$4.3M | 0 |
| Flujo de Caja Libre | $1.36B | $10.8M | $79.0M | $712.0M | $1.99B | $434.8M | $209.1M | $39.9M | $5.2M | $17.1M |
Flujo de Caja (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Flujo de Caja Operativo | 0 | $5.2M | 0 | 0 |
| Inversiones (CapEx) | 0 | -$8000 | 0 | 0 |
| Flujo de Caja Libre | 0 | $5.2M | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -69.3% | -28.9% | -1.7% | +56.4% | +26.3% | -24.6% | -83.6% | -68.5% | +5.8% |
| Crecimiento Beneficio Neto (anual) | | -32.6% | -17.7% | +100.8% | +21.4% | +7.6% | +0.2% | -88.4% | -64.3% | -14.6% |
| Crecimiento BPA (anual) | | -35.7% | -17.7% | +86.6% | -1.1% | +11.7% | -23.2% | -90.0% | -68.5% | -31.4% |
| Cambio en Acciones (anual) | | +4.0% | +0.0% | +8.2% | +13.7% | -7.3% | +31.3% | +21.1% | +10.9% | +34.6% |
| Crecimiento FCF (anual) | | -99.2% | +633.0% | +801.5% | +180.1% | -78.2% | -51.9% | -80.9% | -87.1% | +231.8% |
| Margen Bruto | 100.0% | 100.0% | 100.1% | 99.6% | 99.8% | 55.0% | 101.2% | 71.4% | 45.2% | 43.6% |
| Margen Operativo | 40.3% | 85.4% | 89.1% | 146.5% | 88.5% | 92.3% | 116.2% | 44.8% | 48.2% | 80.2% |
| Margen EBITDA | 45.8% | 78.9% | 86.6% | 145.6% | 93.2% | 97.3% | 116.3% | 98.1% | 139.6% | 159.9% |
| Margen Neto | 25.7% | 56.6% | 65.5% | 133.8% | 103.8% | 88.5% | 117.6% | 83.2% | 94.4% | 76.2% |
| Margen FCF | 41.6% | 1.1% | 11.1% | 101.5% | 181.8% | 31.4% | 20.0% | 23.2% | 9.5% | 29.9% |
| Tasa Impositiva Efectiva | 33.4% | 16.7% | 13.8% | 16.0% | -13.7% | 8.2% | 7.7% | 2.7% | 3.0% | 2.3% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $255.16 | $1.94 | $14.22 | $118.49 | $291.86 | $68.65 | $25.14 | $3.96 | $0.46 | $1.14 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $120137.96 | $9.19 | $19.63 | $14.86 | $0.28 | $0.39 | $0.00 |
| Acciones en Circulación (Básicas) | $5.3M | $5.6M | $5.6M | $6.0M | $6.8M | $6.3M | $8.3M | $10.1M | $11.2M | $15.0M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 2.51% |
| Rentabilidad sobre capital invertido | 2.02% |
| Rentabilidad sobre activos | 1.90% |
| Margen bruto | 43.55% |
| Margen operativo | 80.16% |
| Margen neto | 76.21% |
Salud financiera
| Deuda / Patrimonio | 0.17 |
| Ratio corriente | 8.83 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 2.96 | 4.63 | 5.64 | 2.64 | 1.98 | 0.86 | 0.32 | 0.14 | 0.29 | 0.34 |
| P/VC | 0.96 | 1.20 | 0.99 | 0.36 | 0.22 | 0.16 | 0.05 | 0.01 | 0.01 | 0.01 |
| P/V | 0.76 | 2.62 | 3.69 | 3.55 | 1.91 | 0.68 | 0.34 | 0.11 | 0.25 | 0.26 |
| Margen Bruto | 100.0% | 100.0% | 100.1% | 99.6% | 99.8% | 55.0% | 101.2% | 71.4% | 45.2% | 43.6% |
| Margen Operativo | 40.3% | 85.4% | 89.1% | 146.5% | 88.5% | 92.3% | 116.2% | 44.8% | 48.2% | 80.2% |
| Margen Neto | 25.7% | 56.6% | 65.5% | 133.8% | 103.8% | 88.5% | 117.6% | 83.2% | 94.4% | 76.2% |