Estados financieros detallados de Datavault AI Inc. (DVLT): 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
Datavault AI Inc. registró ingresos de $39.1M en el último ejercicio fiscal, con un CAGR de 5 años del 74.7%.
Márgenes de los últimos 12 meses: margen bruto 33.4%, margen operativo -153.3%, margen neto -391.1%.
Al precio actual de $0.18, DVLT presenta beneficios negativos (P/E no significativo) y un ROE del -86.37%. La capitalización bursátil es de $151M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $2.4M | $6.5M | $3.4M | $2.1M | $2.7M | $39.1M |
| Coste de Ventas | $2.0M | $4.7M | $3.0M | $5.5M | $2.3M | $23.4M |
| Beneficio Bruto | $427000 | $1.9M | $395000 | -$3.5M | $376000 | $15.7M |
| I+D | $4.6M | $5.2M | $7.1M | $7.5M | $7.8M | $16.5M |
| Generales y Administrativos | $6.9M | $8.1M | $11.3M | $10.5M | $13.7M | $46.4M |
| Gastos Operativos | $11.5M | $13.4M | $18.4M | $18.0M | $21.5M | $48.2M |
| Beneficio Operativo | -$11.1M | -$11.5M | -$18.0M | -$21.5M | -$21.1M | -$32.5M |
| EBITDA | -$11.2M | -$11.7M | -$15.1M | -$17.7M | -$50.1M | -$39.2M |
| Gastos por Intereses | $1.4M | $9000 | $898000 | $932000 | $1.3M | $20.0M |
| Beneficio Antes de Impuestos | -$12.7M | -$11.8M | -$16.1M | -$18.7M | -$51.4M | -$79.0M |
| Impuestos | $3000 | $2000 | $2000 | $4000 | 0 | $5000 |
| Beneficio Neto | -$12.7M | -$11.8M | -$16.2M | -$18.7M | -$51.4M | -$79.0M |
| BPA | $-37015.00 | $-12377.61 | $-12433.00 | $-476.31 | $-16.14 | $-0.52 |
| BPA Diluido | $-37015.00 | $-15779.00 | $-12433.00 | $-476.31 | $-16.14 | $-0.52 |
| Acciones en Circulación (Diluidas) | $26176 | $62008 | $2.2M | $3.5M | $4.2M | $152.6M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $2.9M | $33.8M | $917000 | $6.7M |
| Beneficio Bruto | $95000 | $15.5M | $111000 | -$922000 |
| Beneficio Operativo | -$14.8M | $4.2M | -$30.9M | -$26.5M |
| EBITDA | -$29.3M | $5.2M | -$48.2M | -$22.6M |
| Beneficio Neto | -$33.0M | $661000 | -$53.1M | -$88.0M |
| BPA | $-0.33 | $0.00 | $-0.09 | $-0.12 |
| BPA Diluido | $-0.33 | $0.00 | $-0.09 | $-0.12 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $7.4M | $13.1M | $2.9M | $411000 | $3.3M | $2.0M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $85000 | $214000 | $273000 | $294000 | $349000 | $32.6M |
| Inventario | $2.7M | $4.8M | $7.1M | $2.7M | $1.6M | $636000 |
| Activos Corrientes | $11.1M | $19.1M | $11.1M | $4.1M | $6.4M | $142.9M |
| Inmovilizado Material | $142000 | $162000 | $174000 | $709000 | $58000 | $606000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | $19.1M |
| Activos Intangibles | 0 | 0 | 0 | 0 | $92.6M | $101.8M |
| Activos Totales | $11.3M | $19.4M | $11.5M | $4.8M | $100.6M | $274.7M |
| Cuentas por Pagar | $672000 | $1.5M | $2.0M | $2.3M | $2.8M | $10.8M |
| Deuda a Corto | $179000 | 0 | 0 | 0 | $106000 | $4.9M |
| Pasivos Corrientes | $2.3M | $3.0M | $3.7M | $3.6M | $4.1M | $26.9M |
| Deuda a Largo | $668000 | 0 | $457000 | 0 | $9.6M | $5.9M |
| Pasivos Totales | $3.4M | $3.0M | $13.4M | $9.7M | $14.9M | $36.7M |
| Reservas | -$200.4M | -$212.2M | -$228.3M | -$247.0M | -$298.5M | -$377.4M |
| Patrimonio Neto | $7.9M | $16.4M | -$2.0M | -$4.9M | $85.7M | $238.0M |
| Deuda Total | $886000 | $41000 | $626000 | $636000 | $9.7M | $11.5M |
| Deuda Neta | -$6.5M | -$13.1M | -$2.3M | $225000 | $6.3M | $9.5M |
| Capital Circulante | $8.8M | $16.1M | $7.5M | $446000 | $2.3M | $116.0M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $1.7M | $2.0M | $2.2M | $1.4M |
| Activos Totales | $138.7M | $274.7M | $250.1M | $276.6M |
| Pasivos Totales | $39.1M | $36.7M | $30.1M | $30.7M |
| Patrimonio Neto | $99.5M | $238.0M | $220.0M | $245.9M |
| Deuda Total | $28.9M | $11.5M | $7.4M | $6.2M |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$12.7M | -$11.8M | -$16.2M | -$18.7M | -$51.4M | -$79.0M |
| Amortizaciones | $94000 | $79000 | $122000 | $98000 | $70000 | $10.3M |
| Compensación en Acciones | 0 | $1.3M | $2.0M | $2.1M | $3.0M | $6.3M |
| Cambio en Capital Circulante | -$549000 | -$1.5M | -$1.6M | $4.6M | $457000 | -$7.9M |
| Flujo de Caja Operativo | -$9.9M | -$11.5M | -$17.5M | -$14.8M | -$17.5M | -$23.6M |
| Inversiones (CapEx) | -$52000 | -$99000 | -$43000 | -$50000 | -$134000 | -$380000 |
| Adquisiciones | 0 | 0 | 0 | 0 | -$1.0M | -$6.5M |
| Recompra de Acciones | 0 | 0 | 0 | -$2.3M | 0 | -$623000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$9.9M | -$11.6M | -$17.6M | -$14.9M | -$17.7M | -$24.0M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$10.4M | -$406000 | -$8.7M | -$71.2M |
| Inversiones (CapEx) | 0 | -$328000 | -$264000 | -$318000 |
| Flujo de Caja Libre | -$10.4M | -$734000 | -$9.0M | -$71.6M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $2.6M | $1.9M | $5.2M | $5.7M |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +172.1% | -48.6% | -38.1% | +28.4% | +1361.8% |
| Crecimiento Beneficio Neto (anual) | | +7.0% | -36.6% | -15.9% | -174.6% | -53.7% |
| Crecimiento BPA (anual) | | +66.6% | -0.4% | +96.2% | +96.6% | +96.8% |
| Cambio en Acciones (anual) | | +136.9% | +3475.2% | +56.8% | +20.8% | +3535.2% |
| Crecimiento FCF (anual) | | -17.1% | -51.3% | +15.3% | -18.7% | -35.8% |
| Margen Bruto | 17.8% | 28.5% | 11.7% | -166.0% | 14.1% | 40.2% |
| Margen Operativo | -459.7% | -176.0% | -536.2% | -1030.1% | -790.5% | -83.1% |
| Margen EBITDA | -466.3% | -179.3% | -449.6% | -849.1% | -1872.4% | -100.2% |
| Margen Neto | -528.5% | -180.7% | -480.0% | -898.8% | -1922.6% | -202.1% |
| Margen FCF | -412.3% | -177.4% | -521.8% | -714.2% | -660.4% | -61.4% |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-378.63 | $-187.19 | $-7.92 | $-4.28 | $-4.21 | $-0.16 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $26176 | $62008 | $2.2M | $3.5M | $4.2M | $152.6M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -86.37% |
| Rentabilidad sobre capital invertido | -26.60% |
| Rentabilidad sobre activos | -62.71% |
| Margen bruto | 33.40% |
| Margen operativo | -153.27% |
| Margen neto | -391.06% |
Salud financiera
| Deuda / Patrimonio | 0.03 |
| Ratio corriente | 4.95 |
| Piotroski F-Score | 6 |
| Altman Z-Score | -0.04 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -0.00 | -0.00 | -0.00 | -0.00 | -0.10 | -1.25 |
| P/VC | 0.01 | 0.01 | -1.84 | -1.17 | 0.08 | 0.42 |
| P/V | 0.02 | 0.02 | 1.09 | 2.77 | 2.61 | 2.55 |
| Margen Bruto | 17.8% | 28.5% | 11.7% | -166.0% | 14.1% | 40.2% |
| Margen Operativo | -459.7% | -176.0% | -536.2% | -1030.1% | -790.5% | -83.1% |
| Margen Neto | -528.5% | -180.7% | -480.0% | -898.8% | -1922.6% | -202.1% |