Estados financieros detallados de AngioDynamics, Inc. (ANGO): 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
AngioDynamics, Inc. registró ingresos de $320.2M en el último ejercicio fiscal, con un CAGR de 5 años del 1.9%.
Márgenes de los últimos 12 meses: margen bruto 54.6%, margen operativo -12.5%, margen neto -11.5%. El flujo de caja libre creció a un CAGR del -51.5% en 5 años.
Al precio actual de $15.46, ANGO presenta beneficios negativos (P/E no significativo) y un ROE del -21.01%. La capitalización bursátil es de $639M.
Cuenta de Resultados (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Ingresos | $349.6M | $344.3M | $359.5M | $264.2M | $291.0M | $316.2M | $338.8M | $303.9M | $292.5M | $320.2M |
| Coste de Ventas | $125.8M | $117.8M | $114.6M | $113.9M | $134.2M | $150.5M | $164.5M | $149.2M | $134.8M | $145.3M |
| Beneficio Bruto | $143.9M | $143.9M | $156.0M | $150.3M | $156.8M | $165.7M | $174.2M | $154.7M | $157.7M | $174.9M |
| I+D | $25.3M | $25.5M | $29.4M | $29.7M | $36.4M | $30.7M | $29.9M | $31.5M | $26.2M | $29.4M |
| Generales y Administrativos | $110.2M | $108.5M | $116.1M | $116.5M | $117.2M | $133.8M | $144.3M | $144.0M | $145.2M | $157.1M |
| Gastos Operativos | $155.1M | $158.0M | $165.4M | $317.4M | $192.1M | $194.2M | $225.4M | $347.1M | $197.7M | $214.8M |
| Beneficio Operativo | -$11.2M | -$14.2M | -$9.4M | -$167.1M | -$35.3M | -$28.5M | -$51.2M | -$192.4M | -$40.0M | -$39.9M |
| EBITDA | $13.4M | $9.0M | $16.3M | -$143.4M | -$9.3M | $11.1M | $12.2M | -$6.1M | $1.7M | $188000 |
| Gastos por Intereses | $2.8M | $3.1M | $5.1M | $907000 | $861000 | $688000 | $2.7M | 0 | 0 | $299000 |
| Beneficio Antes de Impuestos | -$14.3M | -$17.3M | -$14.7M | -$168.1M | -$36.1M | -$29.9M | -$54.4M | -$191.6M | -$34.0M | -$36.3M |
| Impuestos | -$7.2M | -$11.0M | -$3.6M | -$1.3M | -$4.5M | -$3.4M | -$2.0M | -$7.3M | -$39000 | $442000 |
| Beneficio Neto | -$7.1M | $16.3M | $61.3M | -$166.8M | -$31.5M | -$26.5M | -$52.4M | -$184.3M | -$34.0M | -$36.7M |
| BPA | $-0.19 | $0.44 | $1.64 | $-4.37 | $-0.82 | $-0.68 | $-1.33 | $-4.59 | $-0.83 | $-0.88 |
| BPA Diluido | $-0.19 | $0.44 | $1.64 | $-4.37 | $-0.82 | $-0.68 | $-1.33 | $-4.59 | $-0.83 | $-0.88 |
| Acciones en Circulación (Diluidas) | $37.0M | $37.5M | $37.5M | $38.0M | $38.3M | $39.0M | $39.5M | $40.2M | $41.0M | $41.5M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $75.7M | $79.4M | $78.4M | $86.6M |
| Beneficio Bruto | $41.9M | $42.1M | $41.5M | $49.4M |
| Beneficio Operativo | -$10.7M | -$2.5M | -$6.4M | -$20.4M |
| EBITDA | -$4.8M | -$436000 | -$2.4M | -$28.4M |
| Beneficio Neto | -$10.9M | -$6.3M | -$8.1M | -$11.4M |
| BPA | $-0.26 | $-0.15 | $-0.19 | $-0.28 |
| BPA Diluido | $-0.26 | $-0.15 | $-0.19 | $-0.28 |
Balance (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Caja y Equivalentes | $47.5M | $74.1M | $227.6M | $54.4M | $48.2M | $28.8M | $44.6M | $76.1M | $55.9M | $53.9M |
| Inversiones a Corto | $1.2M | $1.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $46.4M | $39.4M | $43.6M | $34.2M | $37.3M | $56.5M | $52.8M | $50.0M | $43.1M | $48.3M |
| Inventario | $54.5M | $39.3M | $40.1M | $59.9M | $48.6M | $51.4M | $55.3M | $60.6M | $62.0M | $52.4M |
| Activos Corrientes | $153.9M | $168.0M | $315.3M | $152.9M | $140.9M | $143.3M | $163.5M | $193.3M | $168.3M | $163.4M |
| Inmovilizado Material | $45.2M | $25.7M | $24.3M | $28.3M | $37.1M | $45.0M | $44.4M | $35.7M | $32.3M | $27.1M |
| Fondo de Comercio | $361.3M | $361.3M | $347.7M | $201.5M | $201.3M | $201.1M | $159.2M | 0 | 0 | 0 |
| Activos Intangibles | $145.7M | $130.3M | $145.4M | $197.1M | $169.0M | $152.4M | $111.1M | $77.4M | $69.1M | $67.2M |
| Activos Totales | $708.0M | $705.5M | $836.4M | $595.5M | $561.4M | $552.8M | $532.6M | $317.7M | $280.1M | $267.2M |
| Cuentas por Pagar | $18.1M | $15.8M | $22.8M | $19.1M | $19.6M | $28.0M | $40.4M | $37.8M | $33.3M | $31.5M |
| Deuda a Corto | $14.6M | $7.1M | $12.1M | $836000 | 0 | $8.8M | $14.8M | $4.7M | $400000 | 0 |
| Pasivos Corrientes | $69.5M | $57.3M | $73.3M | $51.5M | $57.6M | $74.3M | $83.8M | $91.2M | $76.2M | $74.7M |
| Deuda a Largo | $91.3M | $86.6M | $124.4M | $40.0M | $20.0M | $25.0M | $49.8M | 0 | $5.8M | 0 |
| Pasivos Totales | $190.9M | $162.9M | $221.6M | $139.6M | $122.0M | $128.3M | $154.3M | $112.1M | $97.2M | $96.3M |
| Reservas | -$11.0M | $5.1M | $66.5M | -$100.3M | -$131.9M | -$158.4M | -$210.9M | -$395.2M | -$429.2M | -$465.9M |
| Patrimonio Neto | $517.0M | $542.6M | $614.8M | $455.9M | $439.5M | $424.5M | $378.3M | $205.6M | $183.0M | $170.8M |
| Deuda Total | $105.9M | $93.7M | $136.5M | $40.8M | $20.0M | $33.8M | $64.6M | $4.7M | $10.1M | 0 |
| Deuda Neta | $57.2M | $18.3M | -$91.1M | -$13.6M | -$28.2M | $5.0M | $20.0M | -$71.3M | -$45.7M | -$53.9M |
| Capital Circulante | $84.4M | $110.7M | $242.0M | $101.4M | $83.3M | $69.0M | $79.7M | $102.1M | $92.1M | $88.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $38.8M | $41.6M | $37.8M | $53.9M |
| Activos Totales | $265.6M | $269.7M | $260.7M | $267.2M |
| Pasivos Totales | $86.8M | $93.3M | $87.3M | $96.3M |
| Patrimonio Neto | $178.9M | $176.3M | $173.4M | $170.8M |
| Deuda Total | $9.6M | $11.8M | $11.4M | 0 |
Flujo de Caja (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Beneficio Neto | $7.0M | $16.3M | $61.3M | -$156.1M | -$31.5M | -$26.5M | -$52.4M | -$184.3M | -$34.0M | -$36.7M |
| Amortizaciones | $24.8M | $23.2M | $25.9M | $23.8M | $25.9M | $29.3M | $30.9M | $27.7M | $25.8M | $23.0M |
| Compensación en Acciones | $6.2M | $7.9M | $9.2M | $7.6M | $8.6M | $10.7M | $11.2M | $10.5M | $9.8M | $14.0M |
| Cambio en Capital Circulante | $24.9M | $2.5M | -$1.3M | -$28.5M | $9.1M | -$21.0M | -$7.0M | $14.4M | -$14.1M | -$2.7M |
| Flujo de Caja Operativo | $55.7M | $41.3M | $37.4M | -$14.6M | $24.1M | -$7.2M | $78000 | -$28.2M | -$10.1M | $3.1M |
| Inversiones (CapEx) | -$3.0M | -$3.7M | -$3.1M | -$7.6M | -$5.2M | -$4.3M | -$4.4M | -$5.8M | -$4.5M | -$2.6M |
| Adquisiciones | 0 | 0 | -$84.9M | -$55.8M | 0 | -$3.6M | 0 | 0 | 0 | 0 |
| Recompra de Acciones | -$13.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -$1.7M | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $52.7M | $37.6M | $34.3M | -$22.1M | $18.9M | -$11.5M | -$4.3M | -$33.9M | -$14.6M | $508000 |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$15.9M | $4.7M | -$3.1M | $17.5M |
| Inversiones (CapEx) | -$731000 | -$422000 | -$1.0M | -$413000 |
| Flujo de Caja Libre | -$16.6M | $4.2M | -$4.1M | $17.0M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $4.5M | $2.9M | $2.7M | $3.9M |
Crecimiento y Márgenes (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Crecimiento Ingresos (anual) | | -1.5% | +4.4% | -26.5% | +10.2% | +8.7% | +7.1% | -10.3% | -3.8% | +9.5% |
| Crecimiento Beneficio Neto (anual) | | +331.6% | +275.5% | -371.9% | +81.1% | +15.9% | -97.5% | -251.5% | +81.6% | -8.1% |
| Crecimiento BPA (anual) | | +331.6% | +272.7% | -366.5% | +81.2% | +17.1% | -95.6% | -245.1% | +81.9% | -6.0% |
| Cambio en Acciones (anual) | | +1.6% | -0.1% | +1.3% | +1.0% | +1.7% | +1.2% | +1.8% | +2.0% | +1.3% |
| Crecimiento FCF (anual) | | -28.7% | -8.8% | -164.5% | +185.4% | -160.8% | +62.8% | -693.8% | +57.0% | +103.5% |
| Margen Bruto | 41.2% | 41.8% | 43.4% | 56.9% | 53.9% | 52.4% | 51.4% | 50.9% | 53.9% | 54.6% |
| Margen Operativo | -3.2% | -4.1% | -2.6% | -63.3% | -12.1% | -9.0% | -15.1% | -63.3% | -13.7% | -12.5% |
| Margen EBITDA | 3.8% | 2.6% | 4.5% | -54.3% | -3.2% | 3.5% | 3.6% | -2.0% | 0.6% | 0.1% |
| Margen Neto | -2.0% | 4.7% | 17.1% | -63.1% | -10.8% | -8.4% | -15.5% | -60.7% | -11.6% | -11.5% |
| Margen FCF | 15.1% | 10.9% | 9.5% | -8.4% | 6.5% | -3.6% | -1.3% | -11.2% | -5.0% | 0.2% |
| Tasa Impositiva Efectiva | 50.7% | 63.9% | 24.2% | 0.8% | 12.5% | 11.4% | 3.7% | 3.8% | 0.1% | -1.2% |
Datos por Acción (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| FCF por Acción | $1.43 | $1.00 | $0.92 | $-0.58 | $0.49 | $-0.29 | $-0.11 | $-0.84 | $-0.36 | $0.01 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $36.6M | $37.1M | $37.5M | $38.0M | $38.3M | $39.0M | $39.5M | $40.2M | $41.0M | $41.5M |
Qué mirar en Salud / Farma
El pipeline de I+D es el activo invisible. Patentes que caducan = ingresos que evaporan. Mira innovación y flujo de caja.
- I+D / Ingresos — Indica inversión en pipeline futuro. Farma seria reinvierte 15-20%
- Crecimiento EPS 5y — Tras caducidad de patentes, ¿siguen creciendo?
- Margen bruto — Farma de marca >70%. Genéricos mucho más bajo — define el tipo de negocio
- FCF / Net Income — Calidad del beneficio — farma grande debería convertir >90%
- ROIC — Capital reinvertido con eficiencia — clave en farma por ciclos de I+D largos
- Deuda neta / EBITDA — Adquisiciones de farma generan mucha deuda — ojo al post-M&A
- P/E vs historial 10y propio — La mejor comparación es con su propia historia, no con competidores
Rentabilidad
| Rentabilidad sobre capital | -21.01% |
| Rentabilidad sobre capital invertido | -20.75% |
| Rentabilidad sobre activos | -13.75% |
| Margen bruto | 54.62% |
| Margen operativo | -12.47% |
| Margen neto | -11.48% |
Salud financiera
| Deuda / Patrimonio | 0.00 |
| Ratio corriente | 2.19 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 1.48 |
Ratios Clave (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| P/E | -79.37 | 47.80 | 11.46 | -2.38 | -28.65 | -28.87 | -7.11 | -1.37 | -12.29 | -12.40 |
| P/VC | 1.07 | 1.44 | 1.15 | 0.86 | 2.05 | 1.80 | 0.99 | 1.23 | 2.28 | 2.65 |
| P/V | 1.58 | 2.26 | 1.96 | 1.49 | 3.09 | 2.42 | 1.10 | 0.83 | 1.43 | 1.42 |
| Margen Bruto | 41.2% | 41.8% | 43.4% | 56.9% | 53.9% | 52.4% | 51.4% | 50.9% | 53.9% | 54.6% |
| Margen Operativo | -3.2% | -4.1% | -2.6% | -63.3% | -12.1% | -9.0% | -15.1% | -63.3% | -13.7% | -12.5% |
| Margen Neto | -2.0% | 4.7% | 17.1% | -63.1% | -10.8% | -8.4% | -15.5% | -60.7% | -11.6% | -11.5% |