Estados financieros detallados de Hyperscale Data, Inc. (GPUS): 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
Hyperscale Data, Inc. registró ingresos de $102.1M en el último ejercicio fiscal, con un CAGR de 5 años del 33.7%.
Márgenes de los últimos 12 meses: margen bruto 26.1%, margen operativo -55.7%, margen neto -71.0%.
Al precio actual de $0.18, GPUS presenta beneficios negativos (P/E no significativo) y un ROE del -95.34%. La capitalización bursátil es de $17M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $7.6M | $10.2M | $27.2M | $22.4M | $23.9M | $52.4M | $117.6M | $156.4M | $106.7M | $102.1M |
| Coste de Ventas | $4.9M | $6.3M | $21.8M | $19.3M | $16.4M | $23.9M | $67.0M | $125.4M | $82.4M | $80.5M |
| Beneficio Bruto | $2.7M | $3.8M | $5.4M | $3.1M | $7.5M | $28.5M | $50.7M | $31.1M | $24.2M | $21.6M |
| I+D | $709000 | $1.1M | $1.4M | $1.9M | $1.8M | $2.0M | $2.8M | $7.2M | $11.0M | $4.8M |
| Generales y Administrativos | $3.2M | $8.7M | $22.9M | $16.9M | $13.7M | $44.5M | $89.7M | $99.9M | $49.3M | $68.4M |
| Gastos Operativos | $3.9M | $9.8M | $25.0M | $27.8M | $13.5M | $46.9M | $190.2M | $184.8M | $81.2M | $73.2M |
| Beneficio Operativo | -$1.2M | -$6.0M | -$19.6M | -$24.7M | -$6.0M | -$18.4M | -$139.5M | -$153.7M | -$57.0M | -$51.6M |
| EBITDA | -$1.1M | -$5.7M | -$14.0M | -$18.4M | -$19.9M | -$17.6M | -$134.7M | -$173.1M | -$18.1M | -$28.4M |
| Gastos por Intereses | 0 | $5.0M | $16.2M | $7.3M | $9.6M | $1.9M | $37.3M | $44.3M | $19.7M | $15.6M |
| Beneficio Antes de Impuestos | -$1.1M | -$11.0M | -$33.1M | -$30.8M | -$30.1M | -$22.9M | -$188.4M | -$240.3M | -$61.7M | -$65.3M |
| Impuestos | -$20000 | -$78393 | -$76599 | -$108293 | -$24000 | $130000 | -$4.5M | $337000 | $56000 | $253000 |
| Beneficio Neto | -$1.1M | -$10.6M | -$32.2M | -$32.9M | -$29.4M | -$23.3M | -$181.8M | -$231.0M | -$56.2M | -$66.4M |
| BPA | $-561000.00 | $-1061623.10 | $-1239764.66 | $-37232.35 | $-11490.25 | $-1156.40 | $-4472.05 | $-1089.75 | $-259.50 | $-4.15 |
| BPA Diluido | $-561000.00 | $-1061623.10 | $-1239764.66 | $-37232.35 | $-11490.25 | $-1156.40 | $-2109.25 | $-1089.75 | $-259.50 | $-4.15 |
| Acciones en Circulación (Diluidas) | $2 | $10 | $26 | $884 | $2560 | $20106 | $86200 | $212000 | $216577 | $18.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $24.3M | $26.9M | $44.1M | $34.8M |
| Beneficio Bruto | $6.3M | $3.9M | $15.1M | $8.8M |
| Beneficio Operativo | -$14.1M | -$21.1M | -$13.9M | -$23.5M |
| EBITDA | -$5.1M | -$23.0M | -$16.6M | -$18.6M |
| Beneficio Neto | -$13.0M | -$30.1M | -$29.9M | -$19.4M |
| BPA | $-1.95 | $-0.50 | $-0.43 | $-0.23 |
| BPA Diluido | $-1.95 | $-0.50 | $-0.43 | $-0.23 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $996000 | $1.5M | $902329 | $483383 | $18.7M | $15.9M | $7.9M | $6.1M | $4.5M | $13.1M |
| Inversiones a Corto | 0 | $1.8M | $178597 | $639647 | $2.6M | $43.2M | $9.1M | $4.0M | $20.8M | 0 |
| Cuentas por Cobrar | $1.4M | $2.1M | $7.2M | $5.9M | $6.7M | $8.7M | $27.3M | $8.0M | $7.5M | $14.7M |
| Inventario | $1.1M | $2.0M | $3.3M | $2.5M | $3.4M | $5.5M | $22.0M | $1.8M | $1.8M | $4.8M |
| Activos Corrientes | $3.8M | $8.8M | $12.3M | $11.1M | $34.4M | $109.6M | $196.3M | $62.4M | $58.4M | $129.7M |
| Inmovilizado Material | $570000 | $1.2M | $9.3M | $6.0M | $6.4M | $179.3M | $155.2M | $115.1M | $148.1M | $148.6M |
| Fondo de Comercio | 0 | $3.7M | $8.5M | $8.1M | $9.6M | $10.1M | $27.9M | $6.1M | $295000 | $10.3M |
| Activos Intangibles | 0 | $2.9M | $4.4M | $3.2M | $4.4M | $4.0M | $34.8M | $5.8M | $1.8M | $13.7M |
| Activos Totales | $5.5M | $30.5M | $49.4M | $42.8M | $75.6M | $490.3M | $561.5M | $299.2M | $220.8M | $313.7M |
| Cuentas por Pagar | $1.2M | $4.3M | $13.1M | $14.3M | $7.0M | $6.9M | $20.0M | $32.6M | $25.2M | $19.1M |
| Deuda a Corto | $250000 | $1.3M | $13.6M | $8.6M | $4.3M | $39.6M | $41.3M | $27.0M | $115.5M | $90.5M |
| Pasivos Corrientes | $1.9M | $11.0M | $30.7M | $30.2M | $21.9M | $81.9M | $225.3M | $204.8M | $215.5M | $170.4M |
| Deuda a Largo | $34000 | $701240 | $625718 | $902561 | $774000 | $55.5M | $41.3M | $27.6M | $904000 | $8.9M |
| Pasivos Totales | $1.9M | $11.7M | $31.4M | $35.8M | $26.5M | $145.1M | $337.5M | $240.3M | $218.7M | $187.8M |
| Reservas | -$12.2M | -$23.4M | -$55.7M | -$88.7M | -$122.3M | -$145.6M | -$329.1M | -$567.5M | -$629.0M | -$734.6M |
| Patrimonio Neto | $3.6M | $18.0M | $18.0M | $6.9M | $48.3M | $226.8M | $206.5M | $44.7M | $8.6M | $119.8M |
| Deuda Total | $284000 | $2.0M | $14.2M | $13.7M | $9.5M | $100.4M | $91.4M | $61.1M | $120.3M | $106.4M |
| Deuda Neta | -$712000 | -$1.3M | $13.1M | $12.6M | -$11.8M | $41.3M | $74.4M | $51.1M | $95.0M | $93.3M |
| Capital Circulante | $2.0M | -$2.2M | -$18.4M | -$19.2M | $12.5M | $27.7M | -$29.0M | -$142.4M | -$157.1M | -$40.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $47.7M | $13.1M | $10.5M | $65.1M |
| Activos Totales | $242.4M | $313.7M | $319.6M | $365.0M |
| Pasivos Totales | $184.7M | $187.8M | $216.7M | $243.5M |
| Patrimonio Neto | $55.9M | $119.8M | $97.0M | $115.2M |
| Deuda Total | $98.6M | $106.4M | $113.5M | $141.0M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$1.1M | -$10.9M | -$33.0M | -$32.9M | -$29.4M | -$23.0M | -$189.8M | -$240.9M | -$61.8M | -$65.5M |
| Amortizaciones | $161000 | $254006 | $2.9M | $5.2M | $588000 | $3.5M | $16.4M | $29.9M | $26.2M | $21.3M |
| Compensación en Acciones | $543000 | $1.8M | $4.7M | $1.6M | $1.1M | $7.8M | $7.2M | $10.9M | $3.3M | $709000 |
| Cambio en Capital Circulante | -$72000 | $702644 | $4.8M | $1.7M | -$2.4M | -$39.7M | $101.0M | $62.0M | $10.8M | -$19.8M |
| Flujo de Caja Operativo | -$358000 | -$4.1M | -$10.4M | -$10.2M | -$11.2M | -$61.7M | $26.5M | -$5.4M | -$19.4M | -$60.2M |
| Inversiones (CapEx) | -$85000 | -$452779 | -$8.9M | -$189302 | -$582000 | -$152.0M | -$99.3M | -$8.7M | -$4.8M | -$24.5M |
| Adquisiciones | 0 | -$266679 | -$4.6M | 0 | -$3.6M | -$165000 | -$14.9M | -$7.4M | 0 | $5.2M |
| Recompra de Acciones | 0 | 0 | -$57747 | 0 | 0 | -$13.2M | -$16.1M | -$1.3M | 0 | 0 |
| Dividendos Pagados | 0 | -$35494 | 0 | -$15938 | -$18000 | -$18000 | -$393000 | -$1.4M | -$5.3M | -$8.6M |
| Flujo de Caja Libre | -$443000 | -$4.6M | -$19.3M | -$10.4M | -$11.8M | -$213.7M | -$72.8M | -$14.1M | -$24.2M | -$84.7M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$17.5M | -$37.7M | -$1.6M | -$8.6M |
| Inversiones (CapEx) | -$2.8M | -$14.3M | -$10.6M | -$6.7M |
| Flujo de Caja Libre | -$20.3M | -$52.0M | -$12.1M | -$15.3M |
| Dividendos Pagados | -$2.2M | -$2.2M | -$2.5M | -$2.3M |
| Compensación en Acciones | 0 | $530000 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +33.9% | +166.9% | -17.6% | +6.7% | +119.5% | +124.5% | +33.0% | -31.8% | -4.3% |
| Crecimiento Beneficio Neto (anual) | | -846.2% | -203.6% | -2.1% | +10.6% | +21.0% | -682.0% | -27.1% | +75.7% | -18.1% |
| Crecimiento BPA (anual) | | -89.2% | -16.8% | +97.0% | +69.1% | +89.9% | -286.7% | +75.6% | +76.2% | +98.4% |
| Cambio en Acciones (anual) | | +400.0% | +160.0% | +3300.0% | +189.6% | +685.4% | +328.7% | +145.9% | +2.2% | +8276.6% |
| Crecimiento FCF (anual) | | -931.5% | -323.4% | +46.4% | -13.4% | -1716.9% | +65.9% | +80.6% | -72.0% | -249.4% |
| Margen Bruto | 35.6% | 37.8% | 19.8% | 13.7% | 31.5% | 54.5% | 43.1% | 19.9% | 22.7% | 21.1% |
| Margen Operativo | -16.0% | -58.8% | -72.2% | -110.4% | -25.3% | -35.0% | -118.6% | -98.3% | -53.4% | -50.6% |
| Margen EBITDA | -13.9% | -56.3% | -51.4% | -82.1% | -83.2% | -33.5% | -114.5% | -110.7% | -16.9% | -27.8% |
| Margen Neto | -14.8% | -104.3% | -118.7% | -147.2% | -123.2% | -44.4% | -154.6% | -147.7% | -52.7% | -65.0% |
| Margen FCF | -5.8% | -44.9% | -71.2% | -46.4% | -49.3% | -407.8% | -61.9% | -9.0% | -22.7% | -82.9% |
| Tasa Impositiva Efectiva | 1.8% | 0.7% | 0.2% | 0.4% | 0.1% | -0.6% | 2.4% | -0.1% | -0.1% | -0.4% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-221500.00 | $-456934.30 | $-744036.96 | $-11730.61 | $-4593.75 | $-10626.88 | $-844.73 | $-66.48 | $-111.92 | $-4.67 |
| Dividendo por Acción | $0.00 | $3549.40 | $0.00 | $18.03 | $7.03 | $0.90 | $4.56 | $6.49 | $24.37 | $0.47 |
| Acciones en Circulación (Básicas) | $2 | $10 | $26 | $884 | $2560 | $20106 | $40656 | $212000 | $216577 | $18.1M |
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 | -95.34% |
| Rentabilidad sobre capital invertido | -27.37% |
| Rentabilidad sobre activos | -25.33% |
| Margen bruto | 26.14% |
| Margen operativo | -55.67% |
| Margen neto | -71.03% |
Salud financiera
| Deuda / Patrimonio | 1.22 |
| Ratio corriente | 0.57 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -793.27 | -2240.30 | -56.18 | -28.51 | -337.65 | -917.80 | -24.43 | -0.36 | -0.09 | -0.22 |
| P/VC | 250.08 | 1320.75 | 100.47 | 135.18 | 205.59 | 94.07 | 21.51 | 1.88 | 0.61 | 0.14 |
| P/V | 117.17 | 2337.56 | 66.69 | 41.96 | 416.07 | 407.24 | 37.76 | 0.54 | 0.05 | 0.16 |
| Margen Bruto | 35.6% | 37.8% | 19.8% | 13.7% | 31.5% | 54.5% | 43.1% | 19.9% | 22.7% | 21.1% |
| Margen Operativo | -16.0% | -58.8% | -72.2% | -110.4% | -25.3% | -35.0% | -118.6% | -98.3% | -53.4% | -50.6% |
| Margen Neto | -14.8% | -104.3% | -118.7% | -147.2% | -123.2% | -44.4% | -154.6% | -147.7% | -52.7% | -65.0% |