Estados financieros detallados de E-Power Inc. Class A (EPOW): 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
E-Power Inc. Class A registró ingresos de $46.4M en el último ejercicio fiscal, con un CAGR de 5 años del 14.9%.
Márgenes de los últimos 12 meses: margen bruto -12.6%, margen operativo -34.5%, margen neto -35.8%.
Al precio actual de $0.27, EPOW presenta beneficios negativos (P/E no significativo) y un ROE del 137.44%. La capitalización bursátil es de $8M.
Cuenta de Resultados (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $2.3M | $13.5M | $17.9M | $23.2M | $7.4M | $38.1M | $45.1M | $65.0M | $46.4M |
| Coste de Ventas | $780341 | $1.1M | $2.1M | $3.0M | $3.9M | $39.5M | $57.5M | $70.8M | $52.3M |
| Beneficio Bruto | $1.5M | $12.4M | $15.8M | $20.2M | $3.5M | -$1.4M | -$12.4M | -$5.8M | -$5.8M |
| I+D | $255424 | $665378 | $795540 | $671312 | $2.2M | $1.1M | $1.2M | $2.5M | $2.0M |
| Generales y Administrativos | $2.1M | $3.0M | $4.2M | $4.8M | $8.8M | $13.8M | $13.8M | $8.3M | $8.2M |
| Gastos Operativos | $2.3M | $3.7M | $5.0M | $5.5M | $10.9M | $17.5M | $18.1M | $10.8M | $10.2M |
| Beneficio Operativo | -$826188 | $8.7M | $10.8M | $14.7M | -$7.4M | -$18.8M | -$27.4M | -$16.6M | -$16.0M |
| EBITDA | -$816973 | $8.7M | $11.3M | $16.0M | -$7.9M | -$20.0M | -$26.5M | -$10.2M | -$15.7M |
| Gastos por Intereses | 0 | 0 | 0 | 0 | 0 | $27128 | $2.2M | $2.0M | $4.6M |
| Beneficio Antes de Impuestos | -$819177 | $8.8M | $11.0M | $15.0M | -$9.0M | -$22.3M | -$32.9M | -$18.0M | -$26.7M |
| Impuestos | -$149447 | $1.2M | $1.6M | $3.1M | -$236581 | $808970 | -$226 | $5563 | -$387 |
| Beneficio Neto | -$674679 | $7.5M | $9.7M | $12.1M | -$8.4M | -$22.6M | -$24.2M | -$11.8M | -$16.6M |
| BPA | $-0.03 | $0.45 | $0.58 | $0.52 | $-0.36 | $-0.91 | $-1.08 | $-0.45 | $-0.62 |
| BPA Diluido | $-0.03 | $0.45 | $0.58 | $0.52 | $-0.36 | $-0.91 | $-0.95 | $-0.45 | $-0.62 |
| Acciones en Circulación (Diluidas) | $23.5M | $16.8M | $16.8M | $23.2M | $23.6M | $24.8M | $25.6M | $26.6M | $27.0M |
Cuenta de Resultados (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Ingresos | $22.3M | $42.7M | $28.0M | $18.4M |
| Beneficio Bruto | $17389 | -$5.8M | $3.7M | -$9.5M |
| Beneficio Operativo | -$5.4M | -$11.2M | -$667127 | -$15.4M |
| EBITDA | -$2.4M | -$7.8M | $2.3M | -$18.0M |
| Beneficio Neto | -$4.5M | -$7.3M | -$1.3M | -$15.4M |
| BPA | $-0.25 | $-0.28 | $-0.05 | $-0.57 |
| BPA Diluido | $-0.21 | $-0.28 | $-0.05 | $-0.57 |
Balance (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $6.4M | $11.7M | $9.4M | $11.0M | $13.9M | $4.3M | $1.4M | $1.3M | $21.8M |
| Inversiones a Corto | 0 | $291409 | 0 | 0 | $6.0M | $3.3M | $2.2M | 0 | 0 |
| Cuentas por Cobrar | $624306 | $603542 | $5.9M | $12.6M | $8.1M | $5.4M | $10.4M | $32.6M | $14.5M |
| Inventario | $10484 | 0 | $3.3M | $2.7M | $3.1M | $18.3M | $15.8M | $17.7M | $24.1M |
| Activos Corrientes | $7.2M | $13.7M | $19.2M | $27.7M | $34.3M | $44.6M | $35.8M | $63.0M | $72.2M |
| Inmovilizado Material | $50196 | $75828 | $1.8M | $3.5M | $4.9M | $45.3M | $71.5M | $66.9M | $68.4M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | $603542 | $4.7M | $4.3M | $3.6M | $4.0M | $9.8M | $9.3M | $13.3M |
| Activos Totales | $7.9M | $14.3M | $27.0M | $39.7M | $58.7M | $107.0M | $120.5M | $143.0M | $156.4M |
| Cuentas por Pagar | $13654 | $38018 | $2.8M | $33697 | $34486 | $12.3M | $33.9M | $50.0M | $36.8M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | $8.3M | $16.4M | $18.2M | $41.0M |
| Pasivos Corrientes | $4.8M | $3.6M | $6.9M | $5.6M | $1.7M | $26.0M | $63.5M | $86.8M | $100.7M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | $4.1M | $6.5M | $26.4M | $39.6M |
| Pasivos Totales | $4.8M | $3.6M | $7.0M | $5.6M | $1.7M | $33.7M | $75.2M | $115.7M | $140.5M |
| Reservas | -$1.2M | $6.3M | $14.4M | $25.7M | $17.3M | -$6.2M | -$30.5M | -$42.2M | -$58.9M |
| Patrimonio Neto | $3.1M | $10.3M | $19.8M | $34.0M | $53.9M | $28.7M | $2.6M | -$10.3M | -$12.1M |
| Deuda Total | 0 | 0 | $368581 | $66497 | $99569 | $12.4M | $27.8M | $50.5M | $81.3M |
| Deuda Neta | -$6.4M | -$11.9M | -$9.1M | -$10.9M | -$19.8M | $7.4M | $24.2M | $49.2M | $59.5M |
| Capital Circulante | $2.4M | $10.1M | $12.3M | $22.1M | $32.6M | $18.6M | -$27.7M | -$23.7M | -$28.4M |
Balance (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Caja y Equivalentes | $15.2M | $1.3M | $27.4M | $21.8M |
| Activos Totales | $141.6M | $143.0M | $175.4M | $156.4M |
| Pasivos Totales | $102.6M | $115.7M | $150.1M | $140.5M |
| Patrimonio Neto | -$2.8M | -$10.3M | -$11.0M | -$12.1M |
| Deuda Total | $44.3M | $50.5M | $89.7M | $81.3M |
Flujo de Caja (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$669730 | $7.5M | $9.7M | $12.1M | -$8.4M | -$22.6M | -$24.2M | -$18.0M | -$26.7M |
| Amortizaciones | $9215 | $20882 | $496165 | $1.2M | $1.1M | $2.3M | $4.3M | $5.7M | $6.4M |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | $2.7M | $2.1M | $972743 | $322386 |
| Cambio en Capital Circulante | $3.6M | -$614666 | -$8.6M | -$7.5M | -$3.3M | -$8.5M | -$2.7M | $1.9M | -$18.0M |
| Flujo de Caja Operativo | $2.9M | $5.8M | $1.2M | $6.8M | -$5.2M | -$13.6M | -$7.3M | -$5.4M | -$25.2M |
| Inversiones (CapEx) | -$41663 | -$49962 | -$3.5M | -$4.5M | -$8.3M | -$44.1M | -$7.2M | -$2.5M | -$10.1M |
| Adquisiciones | $37966 | $127129 | $238388 | $120388 | $3.3M | $37.0M | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $2.8M | $5.7M | -$2.3M | $2.4M | -$13.6M | -$57.7M | -$14.4M | -$7.8M | -$35.3M |
Flujo de Caja (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Flujo de Caja Operativo | -$6.9M | -$11.9M | -$17.1M | $2.7M |
| Inversiones (CapEx) | -$983162 | -$1.5M | -$8.6M | $2.3M |
| Flujo de Caja Libre | -$7.9M | -$13.4M | -$25.8M | $5.0M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $607742 | 0 | 0 | $322386 |
Crecimiento y Márgenes (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +492.0% | +32.4% | +29.3% | -68.0% | +414.6% | +18.2% | +44.3% | -28.6% |
| Crecimiento Beneficio Neto (anual) | | +1208.2% | +30.4% | +24.0% | -169.5% | -169.4% | -7.1% | +51.4% | -41.3% |
| Crecimiento BPA (anual) | | +1651.7% | +28.9% | -10.3% | -169.2% | -152.8% | -18.7% | +58.3% | -37.8% |
| Cambio en Acciones (anual) | | -28.6% | +0.0% | +38.3% | +1.7% | +5.0% | +3.2% | +3.7% | +1.6% |
| Crecimiento FCF (anual) | | +102.7% | -140.5% | +202.9% | -669.8% | -325.6% | +75.0% | +45.9% | -351.7% |
| Margen Bruto | 65.9% | 91.6% | 88.2% | 87.1% | 47.5% | -3.5% | -27.5% | -8.9% | -12.6% |
| Margen Operativo | -36.1% | 64.3% | 60.1% | 63.5% | -100.0% | -49.3% | -60.8% | -25.5% | -34.5% |
| Margen EBITDA | -35.7% | 64.4% | 62.9% | 68.8% | -106.2% | -52.5% | -58.7% | -15.8% | -33.8% |
| Margen Neto | -29.5% | 55.2% | 54.4% | 52.1% | -113.4% | -59.4% | -53.8% | -18.1% | -35.8% |
| Margen FCF | 123.2% | 42.2% | -12.9% | 10.3% | -182.9% | -151.3% | -32.1% | -12.0% | -76.1% |
| Tasa Impositiva Efectiva | 18.2% | 13.1% | 14.5% | 20.3% | 2.6% | -3.6% | 0.0% | -0.0% | 0.0% |
Datos por Acción (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.12 | $0.34 | $-0.14 | $0.10 | $-0.57 | $-2.32 | $-0.56 | $-0.29 | $-1.31 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $23.2M | $16.8M | $16.8M | $23.2M | $23.6M | $24.8M | $25.6M | $26.6M | $27.0M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | 137.44% |
| Rentabilidad sobre capital invertido | -16.45% |
| Rentabilidad sobre activos | -10.63% |
| Margen bruto | -12.60% |
| Margen operativo | -34.53% |
| Margen neto | -35.84% |
Salud financiera
| Deuda / Patrimonio | -6.72 |
| Ratio corriente | 0.72 |
Ratios Clave (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -183.45 | 11.82 | 9.17 | 10.23 | -3.22 | -3.00 | -1.00 | -1.92 | -1.58 |
| P/VC | 40.43 | 8.65 | 4.52 | 3.63 | 0.51 | 2.36 | 10.46 | -2.24 | -2.19 |
| P/V | 54.06 | 6.60 | 4.99 | 5.33 | 3.70 | 1.78 | 0.61 | 0.35 | 0.57 |
| Margen Bruto | 65.9% | 91.6% | 88.2% | 87.1% | 47.5% | -3.5% | -27.5% | -8.9% | -12.6% |
| Margen Operativo | -36.1% | 64.3% | 60.1% | 63.5% | -100.0% | -49.3% | -60.8% | -25.5% | -34.5% |
| Margen Neto | -29.5% | 55.2% | 54.4% | 52.1% | -113.4% | -59.4% | -53.8% | -18.1% | -35.8% |