Estados financieros detallados de Geospace Technologies Corporation (GEOS): 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
Geospace Technologies Corporation registró ingresos de $110.8M en el último ejercicio fiscal, con un CAGR de 5 años del 4.8%.
Márgenes de los últimos 12 meses: margen bruto 8.0%, margen operativo -44.7%, margen neto -43.1%.
Al precio actual de $5.01, GEOS presenta beneficios negativos (P/E no significativo) y un ROE del -35.80%. La capitalización bursátil es de $65M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $62.1M | $73.7M | $75.7M | $95.8M | $87.8M | $94.9M | $89.3M | $124.5M | $135.6M | $110.8M |
| Coste de Ventas | $81.4M | $94.4M | $64.8M | $64.4M | $64.4M | $78.6M | $71.2M | $72.8M | $83.0M | $77.9M |
| Beneficio Bruto | -$19.4M | -$20.7M | $11.0M | $31.4M | $23.4M | $16.3M | $18.0M | $51.7M | $52.6M | $32.9M |
| I+D | $13.9M | $13.8M | $10.8M | $15.5M | $16.6M | $14.8M | $18.1M | $15.9M | $16.3M | $18.9M |
| Generales y Administrativos | $21.5M | $20.2M | $19.9M | $23.6M | $23.1M | $21.9M | $23.5M | $26.0M | $26.6M | $29.8M |
| Gastos Operativos | $36.1M | $33.6M | $31.7M | $30.4M | $41.5M | $33.2M | $41.2M | $40.4M | $45.5M | $44.2M |
| Beneficio Operativo | -$55.5M | -$54.3M | -$20.7M | $1.0M | -$18.0M | -$16.9M | -$23.1M | $11.3M | $7.1M | -$11.3M |
| EBITDA | -$35.4M | -$36.3M | -$5.0M | $21.7M | $7.1M | $7.3M | -$3.1M | $28.9M | $8.5M | $979000 |
| Gastos por Intereses | $26000 | $39000 | $336000 | $99000 | $38000 | 0 | $65000 | $134000 | $187000 | $169000 |
| Beneficio Antes de Impuestos | -$55.3M | -$54.1M | -$19.8M | $2.3M | -$16.6M | -$13.5M | -$22.7M | $12.6M | -$6.5M | -$9.3M |
| Impuestos | -$9.4M | $2.7M | -$580000 | $2.4M | $2.6M | $578000 | $173000 | $363000 | $114000 | $388000 |
| Beneficio Neto | -$46.0M | -$56.8M | -$19.2M | -$146000 | -$19.2M | -$14.1M | -$22.9M | $12.2M | -$6.6M | -$9.7M |
| BPA | $-3.52 | $-4.32 | $-1.45 | $-0.01 | $-1.42 | $-1.05 | $-1.76 | $0.93 | $-0.50 | $-0.76 |
| BPA Diluido | $-3.52 | $-4.32 | $-1.45 | $-0.01 | $-1.42 | $-1.05 | $-1.76 | $0.92 | $-0.50 | $-0.76 |
| Acciones en Circulación (Diluidas) | $13.0M | $13.1M | $13.3M | $13.4M | $13.5M | $13.4M | $13.0M | $13.2M | $13.2M | $12.8M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $30.7M | $25.6M | $19.7M | $15.8M |
| Beneficio Bruto | $3.5M | $2.7M | $694000 | $496000 |
| Beneficio Operativo | -$9.2M | -$10.2M | -$11.5M | -$10.1M |
| EBITDA | -$6.2M | -$7.1M | -$8.3M | -$7.0M |
| Beneficio Neto | -$9.1M | -$9.8M | -$11.0M | -$9.7M |
| BPA | $-0.71 | $-0.76 | $-0.86 | $-0.75 |
| BPA Diluido | $-0.71 | $-0.76 | $-0.86 | $-0.75 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $10.3M | $15.1M | $11.9M | $18.9M | $32.7M | $14.1M | $16.1M | $18.8M | $6.9M | $26.3M |
| Inversiones a Corto | $27.5M | $36.1M | $25.5M | 0 | 0 | $9.5M | $894000 | $14.9M | $30.2M | 0 |
| Cuentas por Cobrar | $30.2M | $12.8M | $18.6M | $27.4M | $13.8M | $18.2M | $20.9M | $21.4M | $21.9M | $28.3M |
| Inventario | $104.5M | $20.8M | $18.8M | $23.9M | $16.9M | $16.2M | $20.0M | $18.4M | $26.2M | $30.9M |
| Activos Corrientes | $174.3M | $86.4M | $76.7M | $71.2M | $64.9M | $60.0M | $60.0M | $75.8M | $89.4M | $88.5M |
| Inmovilizado Material | $75.7M | $53.9M | $73.2M | $93.5M | $84.2M | $70.1M | $55.8M | $46.3M | $21.5M | $32.3M |
| Fondo de Comercio | 0 | 0 | $4.3M | $5.0M | $4.3M | $5.1M | $736000 | $736000 | $736000 | $1.3M |
| Activos Intangibles | 0 | 0 | $8.0M | $10.1M | $8.3M | $7.2M | $5.6M | $4.8M | $1.6M | $5.2M |
| Activos Totales | $254.8M | $205.7M | $199.1M | $202.0M | $186.8M | $163.9M | $135.1M | $153.0M | $152.2M | $153.0M |
| Cuentas por Pagar | $2.1M | $2.6M | $4.1M | $4.1M | $1.6M | $6.4M | $5.6M | $6.7M | $8.0M | $10.4M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $10.3M | $10.5M | $14.7M | $13.2M | $10.3M | $15.2M | $12.6M | $19.8M | $17.2M | $24.4M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $10.3M | $10.5M | $22.5M | $23.2M | $25.9M | $21.5M | $13.4M | $20.3M | $17.6M | $27.5M |
| Reservas | $182.3M | $125.5M | $106.0M | $105.8M | $86.6M | $72.5M | $49.7M | $61.9M | $55.3M | $45.6M |
| Patrimonio Neto | $244.5M | $195.2M | $176.6M | $178.8M | $161.0M | $142.5M | $121.6M | $132.7M | $134.6M | $125.5M |
| Deuda Total | 0 | 0 | 0 | 0 | 0 | $1.2M | $1.0M | $769000 | $512000 | $974000 |
| Deuda Neta | -$37.8M | -$51.2M | -$37.4M | -$18.9M | -$32.7M | -$22.3M | -$16.0M | -$33.0M | -$36.6M | -$25.4M |
| Capital Circulante | $164.1M | $75.9M | $61.9M | $58.0M | $54.6M | $44.8M | $47.3M | $56.0M | $72.2M | $64.1M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $26.3M | $10.6M | $13.4M | $2.8M |
| Activos Totales | $153.0M | $144.6M | $136.7M | $125.1M |
| Pasivos Totales | $27.5M | $28.7M | $31.6M | $29.4M |
| Patrimonio Neto | $125.5M | $115.9M | $105.1M | $95.7M |
| Deuda Total | $974000 | $873000 | $769000 | $663000 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$46.0M | -$56.8M | -$19.2M | -$146000 | -$19.2M | -$14.1M | -$22.9M | $12.2M | -$6.6M | -$9.7M |
| Amortizaciones | $19.9M | $17.8M | $14.4M | $19.3M | $23.7M | $20.8M | $19.6M | $16.2M | $14.8M | $6.4M |
| Compensación en Acciones | $5.2M | $5.7M | $2.3M | $2.3M | $2.3M | $2.0M | $1.7M | $1.4M | $1.3M | $1.5M |
| Cambio en Capital Circulante | $2.8M | $26.0M | -$6.9M | -$11.1M | -$2.5M | -$6.7M | -$675000 | -$10.8M | -$4.8M | -$6.0M |
| Flujo de Caja Operativo | -$1.7M | $10.1M | -$10.4M | $5.6M | $18.1M | -$7.2M | -$10.0M | $15.6M | -$9.1M | -$22.2M |
| Inversiones (CapEx) | -$2.4M | -$1.6M | -$8.2M | -$36.0M | -$8.4M | -$5.3M | -$6.0M | -$13.9M | -$3.9M | -$8.0M |
| Adquisiciones | $1.6M | $4.9M | -$4.4M | -$1.8M | $4.4M | -$1.3M | $11.6M | $9.9M | $30.7M | -$1.8M |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | -$6.8M | -$695000 | 0 | -$6.4M | -$615000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$4.1M | $8.5M | -$18.6M | -$30.4M | $9.7M | -$12.5M | -$16.0M | $1.7M | -$12.9M | -$30.2M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$4.1M | -$15.1M | -$1.6M | -$10.7M |
| Inversiones (CapEx) | -$2.1M | -$2.5M | -$572000 | -$306000 |
| Flujo de Caja Libre | -$6.2M | -$17.6M | -$2.2M | -$11.0M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $305000 | $419000 | 0 | $255000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +18.8% | +2.7% | +26.5% | -8.3% | +8.0% | -5.9% | +39.5% | +8.9% | -18.3% |
| Crecimiento Beneficio Neto (anual) | | -23.5% | +66.2% | +99.2% | -13079.5% | +27.0% | -62.6% | +153.4% | -153.9% | -47.8% |
| Crecimiento BPA (anual) | | -22.7% | +66.4% | +99.2% | -12927.5% | +26.1% | -67.6% | +152.8% | -153.8% | -52.0% |
| Cambio en Acciones (anual) | | +0.7% | +0.9% | +1.0% | +1.0% | -1.2% | -2.8% | +1.7% | -0.5% | -2.7% |
| Crecimiento FCF (anual) | | +308.1% | -320.3% | -63.0% | +132.0% | -228.4% | -28.2% | +110.5% | -873.0% | -133.4% |
| Margen Bruto | -31.2% | -28.1% | 14.5% | 32.8% | 26.7% | 17.2% | 20.2% | 41.5% | 38.8% | 29.7% |
| Margen Operativo | -89.4% | -73.7% | -27.4% | 1.1% | -20.5% | -17.8% | -25.9% | 9.1% | 5.2% | -10.2% |
| Margen EBITDA | -57.0% | -49.2% | -6.7% | 22.7% | 8.1% | 7.7% | -3.4% | 23.2% | 6.3% | 0.9% |
| Margen Neto | -74.1% | -77.0% | -25.4% | -0.2% | -21.9% | -14.8% | -25.6% | 9.8% | -4.9% | -8.8% |
| Margen FCF | -6.5% | 11.5% | -24.6% | -31.7% | 11.1% | -13.2% | -17.9% | 1.3% | -9.5% | -27.3% |
| Tasa Impositiva Efectiva | 16.9% | -5.0% | 2.9% | 106.4% | -16.0% | -4.3% | -0.8% | 2.9% | -1.8% | -4.2% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.31 | $0.64 | $-1.41 | $-2.27 | $0.72 | $-0.93 | $-1.23 | $0.13 | $-0.98 | $-2.36 |
| 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) | $13.0M | $13.1M | $13.2M | $13.4M | $13.5M | $13.4M | $13.0M | $13.1M | $13.2M | $12.8M |
Qué mirar en empresas de Energy
- FCF yield (>8%) — Caja generada / capitalización. En energía el FCF importa más que el EPS.
- ROIC medio 5a (≥10%) — Incluir años buenos y malos para filtrar las realmente disciplinadas.
- FCF positivo en 8 de los últimos 10 años (≥8/10) — Nombres disciplinados (XOM, CVX, EOG) sobreviven los crashes de 2014-16 y 2020.
- Cobertura del dividendo (FCF / div) (≥1,2x) — Dividendo cubierto por FCF, no por deuda. <1x = recorte probable.
- Deuda Neta / EBITDA (<2x en pico) — Mirarlo con EBITDA en valle, no en pico.
- Capex / Ingresos (10-20% saludable) — Energía necesita reinversión agresiva para mantener reservas.
Rentabilidad
| Rentabilidad sobre capital | -35.80% |
| Rentabilidad sobre capital invertido | -42.18% |
| Rentabilidad sobre activos | -31.63% |
| Margen bruto | 8.00% |
| Margen operativo | -44.70% |
| Margen neto | -43.10% |
Salud financiera
| Deuda / Patrimonio | 0.01 |
| Ratio corriente | 2.44 |
| Piotroski F-Score | 1 |
| Altman Z-Score | 6.69 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -5.53 | -4.12 | -9.38 | -1410.09 | -4.35 | -9.10 | -2.51 | 13.92 | -20.68 | -24.95 |
| P/VC | 1.04 | 1.20 | 1.02 | 1.15 | 0.52 | 0.90 | 0.47 | 1.28 | 1.01 | 1.93 |
| P/V | 4.09 | 3.17 | 2.38 | 2.15 | 0.95 | 1.34 | 0.64 | 1.37 | 1.00 | 2.19 |
| Margen Bruto | -31.2% | -28.1% | 14.5% | 32.8% | 26.7% | 17.2% | 20.2% | 41.5% | 38.8% | 29.7% |
| Margen Operativo | -89.4% | -73.7% | -27.4% | 1.1% | -20.5% | -17.8% | -25.9% | 9.1% | 5.2% | -10.2% |
| Margen Neto | -74.1% | -77.0% | -25.4% | -0.2% | -21.9% | -14.8% | -25.6% | 9.8% | -4.9% | -8.8% |