Estados financieros detallados de Gaia, Inc. (GAIA): 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
Gaia, Inc. registró ingresos de $99.0M en el último ejercicio fiscal, con un CAGR de 5 años del 8.2%.
Márgenes de los últimos 12 meses: margen bruto 84.4%, margen operativo -6.7%, margen neto -6.1%.
Al precio actual de $1.24, GAIA presenta beneficios negativos (P/E no significativo) y un ROE del -6.90%. La capitalización bursátil es de $31M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $17.2M | $28.3M | $43.8M | $54.0M | $66.8M | $79.6M | $82.0M | $80.4M | $90.4M | $99.0M |
| Coste de Ventas | $2.8M | $3.9M | $5.7M | $7.1M | $8.7M | $10.5M | $10.9M | $11.6M | $12.6M | $12.8M |
| Beneficio Bruto | $14.4M | $24.4M | $38.1M | $46.9M | $58.2M | $69.0M | $71.1M | $68.8M | $77.8M | $86.2M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $31.0M | $49.5M | $74.2M | $64.1M | $62.8M | $66.7M | $71.3M | $73.4M | $83.7M | $91.3M |
| Gastos Operativos | $31.0M | $49.5M | $74.2M | $64.1M | $62.8M | $67.1M | $71.4M | $73.4M | $83.7M | $91.3M |
| Beneficio Operativo | -$16.6M | -$25.1M | -$36.1M | -$17.2M | -$4.6M | $2.0M | -$265000 | -$4.6M | -$5.9M | -$5.1M |
| EBITDA | -$12.9M | -$20.2M | -$29.4M | -$7.6M | $7.4M | $15.1M | $13.2M | $12.0M | $13.2M | $13.4M |
| Gastos por Intereses | $351000 | $515000 | 0 | $643000 | $773000 | $265000 | $257000 | $467000 | 0 | 0 |
| Beneficio Antes de Impuestos | -$16.9M | -$24.6M | -$35.7M | -$17.8M | $699000 | $1.7M | -$3.0M | -$5.5M | -$5.4M | -$5.1M |
| Impuestos | -$6.1M | -$925000 | -$1.9M | $45000 | $180000 | -$2.0M | $202000 | $60000 | -$34000 | $192000 |
| Beneficio Neto | $87.1M | -$23.3M | -$33.8M | -$18.1M | $519000 | $3.7M | -$3.9M | -$5.8M | -$5.2M | -$4.5M |
| BPA | $4.39 | $-1.54 | $-1.96 | $-1.00 | $0.03 | $0.19 | $-0.15 | $-0.27 | $-0.22 | $-0.18 |
| BPA Diluido | $4.39 | $-1.54 | $-1.96 | $-1.00 | $0.03 | $0.19 | $-0.15 | $-0.27 | $-0.22 | $-0.18 |
| Acciones en Circulación (Diluidas) | $19.9M | $15.2M | $17.3M | $18.2M | $19.3M | $19.8M | $20.7M | $21.5M | $23.3M | $25.0M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $25.0M | $25.5M | $24.3M | $23.3M |
| Beneficio Bruto | $21.6M | $22.3M | $19.0M | $19.9M |
| Beneficio Operativo | -$1.2M | -$655000 | -$1.4M | -$3.2M |
| EBITDA | $700000 | $3.9M | $3.2M | -$1.3M |
| Beneficio Neto | -$1.2M | -$526000 | -$1.3M | -$3.0M |
| BPA | $-0.05 | $-0.02 | $-0.05 | $-0.12 |
| BPA Diluido | $-0.05 | $-0.02 | $-0.05 | $-0.12 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $54.0M | $32.8M | $30.0M | $11.5M | $12.6M | $10.3M | $11.6M | $7.8M | $5.9M | $13.5M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $554000 | $1.1M | $1.3M | $2.3M | $2.0M | $2.7M | $3.1M | $6.3M | $7.4M | $5.4M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $55.9M | $36.9M | $34.5M | $16.2M | $16.4M | $15.0M | $17.2M | $16.1M | $15.7M | $22.5M |
| Inmovilizado Material | $29.8M | $37.4M | $49.3M | $2.3M | $47.9M | $58.4M | $21.4M | $32.6M | $22.8M | $35.8M |
| Fondo de Comercio | $10.6M | $10.6M | $10.6M | $17.3M | $17.3M | $28.9M | $31.9M | $31.9M | $31.9M | $34.0M |
| Activos Intangibles | $12.2M | $19.3M | $26.9M | $35.4M | $571000 | $2.8M | $53.3M | $41.8M | $65.2M | $8.5M |
| Activos Totales | $107.2M | $97.0M | $107.2M | $106.2M | $110.0M | $133.7M | $135.2M | $130.3M | $141.2M | $154.6M |
| Cuentas por Pagar | $2.1M | $2.3M | $5.3M | $6.6M | $4.8M | $9.1M | $7.4M | $12.0M | $12.4M | $15.2M |
| Deuda a Corto | 0 | $12.5M | 0 | 0 | $138000 | $860000 | $149000 | $155000 | $5.8M | $227000 |
| Pasivos Corrientes | $9.1M | $20.2M | $13.0M | $18.6M | $21.3M | $29.8M | $27.4M | $31.4M | $41.8M | $38.0M |
| Deuda a Largo | 0 | $12.5M | $12.5M | $18.4M | $6.2M | $6.1M | $15.0M | $5.8M | 0 | $5.5M |
| Pasivos Totales | $9.7M | $20.8M | $25.7M | $37.3M | $35.8M | $43.5M | $49.3M | $43.5M | $47.2M | $52.5M |
| Reservas | -$969000 | -$24.4M | -$58.2M | -$76.4M | -$75.8M | -$72.1M | -$79.4M | -$85.2M | -$90.4M | -$94.9M |
| Patrimonio Neto | $97.5M | $76.2M | $81.5M | $68.9M | $74.2M | $90.2M | $84.8M | $85.5M | $80.7M | $87.9M |
| Deuda Total | 0 | $12.5M | $12.5M | $18.4M | $15.0M | $14.9M | $22.3M | $12.4M | $11.5M | $14.8M |
| Deuda Neta | -$54.0M | -$20.3M | -$17.5M | $6.9M | $2.4M | $4.7M | $10.8M | $4.7M | $5.6M | $1.3M |
| Capital Circulante | $46.8M | $16.8M | $21.5M | -$2.4M | -$4.9M | -$14.8M | -$10.2M | -$15.3M | -$26.1M | -$15.5M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $14.2M | $13.5M | $13.1M | $5.3M |
| Activos Totales | $151.1M | $154.6M | $154.6M | $147.7M |
| Pasivos Totales | $49.5M | $52.5M | $53.5M | $49.6M |
| Patrimonio Neto | $86.3M | $87.9M | $87.0M | $84.3M |
| Deuda Total | $10.8M | $14.8M | $14.6M | $14.4M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$10.8M | -$23.7M | -$33.8M | -$17.9M | $519000 | $3.7M | -$2.7M | -$5.8M | -$5.4M | -$4.5M |
| Amortizaciones | $3.7M | $4.9M | $7.0M | $9.6M | $12.0M | $13.1M | $15.9M | $17.0M | $18.6M | $10.4M |
| Compensación en Acciones | $674000 | $1.8M | $1.6M | $1.8M | $2.3M | $1.7M | $1.8M | $1.1M | $1.3M | $1.7M |
| Cambio en Capital Circulante | $368000 | -$3.8M | $3.8M | $3.8M | $2.9M | $4.3M | -$3.3M | $356000 | $1.6M | $964000 |
| Flujo de Caja Operativo | -$15.4M | -$20.8M | -$21.4M | -$2.6M | $11.7M | $20.9M | $11.5M | $5.9M | $6.9M | $5.7M |
| Inversiones (CapEx) | -$6.6M | -$13.0M | -$18.9M | -$18.7M | -$13.3M | -$17.3M | -$18.3M | -$5.3M | -$5.0M | -$6.1M |
| Adquisiciones | $162.1M | 0 | 0 | -$1.6M | $13.2M | -$6.5M | -$847000 | -$8000 | 0 | -$4.0M |
| Recompra de Acciones | -$76.2M | 0 | 0 | 0 | 0 | 0 | 0 | -$169000 | 0 | 0 |
| Dividendos Pagados | -$1.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$22.0M | -$33.8M | -$40.2M | -$21.3M | -$1.7M | $3.5M | -$6.7M | $596000 | $1.9M | -$377000 |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $326000 | $1.8M | $1.5M | -$5.4M |
| Inversiones (CapEx) | -$1.9M | -$1.7M | -$1.6M | $1.6M |
| Flujo de Caja Libre | -$1.6M | $76000 | -$131000 | -$3.8M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $360000 | $470000 | $346000 | -$346000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +64.0% | +55.0% | +23.1% | +23.8% | +19.1% | +3.1% | -2.0% | +12.4% | +9.5% |
| Crecimiento Beneficio Neto (anual) | | -126.7% | -45.2% | +46.3% | +102.9% | +618.9% | -204.3% | -49.1% | +9.8% | +14.1% |
| Crecimiento BPA (anual) | | -135.1% | -27.3% | +49.0% | +102.7% | +593.4% | -178.9% | -80.0% | +18.5% | +18.2% |
| Cambio en Acciones (anual) | | -23.6% | +13.8% | +5.2% | +6.3% | +2.7% | +4.4% | +3.8% | +8.5% | +7.1% |
| Crecimiento FCF (anual) | | -53.8% | -19.1% | +47.1% | +92.1% | +310.4% | -291.0% | +108.8% | +225.7% | -119.4% |
| Margen Bruto | 83.5% | 86.1% | 87.0% | 86.8% | 87.1% | 86.8% | 86.7% | 85.5% | 86.1% | 87.1% |
| Margen Operativo | -96.1% | -88.9% | -82.3% | -31.9% | -6.9% | 2.5% | -0.3% | -5.7% | -6.6% | -5.2% |
| Margen EBITDA | -74.7% | -71.5% | -67.1% | -14.1% | 11.1% | 19.0% | 16.0% | 14.9% | 14.6% | 13.5% |
| Margen Neto | 504.8% | -82.3% | -77.1% | -33.6% | 0.8% | 4.7% | -4.7% | -7.2% | -5.8% | -4.5% |
| Margen FCF | -127.4% | -119.5% | -91.8% | -39.4% | -2.5% | 4.4% | -8.2% | 0.7% | 2.1% | -0.4% |
| Tasa Impositiva Efectiva | 36.3% | 3.8% | 5.4% | -0.3% | 25.8% | -116.9% | -6.7% | -1.1% | 0.6% | -3.8% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-1.11 | $-2.23 | $-2.33 | $-1.17 | $-0.09 | $0.18 | $-0.33 | $0.03 | $0.08 | $-0.02 |
| Dividendo por Acción | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $19.9M | $15.2M | $17.3M | $18.2M | $18.9M | $19.3M | $20.7M | $21.5M | $23.3M | $25.0M |
Qué mirar en empresas de Communication Services
- 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 | -6.90% |
| Rentabilidad sobre capital invertido | -5.78% |
| Rentabilidad sobre activos | -4.04% |
| Margen bruto | 84.42% |
| Margen operativo | -6.66% |
| Margen neto | -6.08% |
Salud financiera
| Deuda / Patrimonio | 0.17 |
| Ratio corriente | 0.41 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 0.59 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 1.97 | -8.05 | -5.29 | -7.99 | 360.58 | 45.11 | -15.87 | -10.00 | -20.41 | -20.17 |
| P/VC | 1.76 | 2.47 | 2.19 | 2.11 | 2.52 | 1.83 | 0.58 | 0.68 | 1.30 | 1.03 |
| P/V | 9.96 | 6.64 | 4.08 | 2.69 | 2.80 | 2.08 | 0.60 | 0.72 | 1.16 | 0.92 |
| Margen Bruto | 83.5% | 86.1% | 87.0% | 86.8% | 87.1% | 86.8% | 86.7% | 85.5% | 86.1% | 87.1% |
| Margen Operativo | -96.1% | -88.9% | -82.3% | -31.9% | -6.9% | 2.5% | -0.3% | -5.7% | -6.6% | -5.2% |
| Margen Neto | 504.8% | -82.3% | -77.1% | -33.6% | 0.8% | 4.7% | -4.7% | -7.2% | -5.8% | -4.5% |