Estados financieros detallados de MicroCloud Hologram Inc. (HOLO): 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
MicroCloud Hologram Inc. registró ingresos de $392.7M en el último ejercicio fiscal, con un CAGR de 5 años del 12.7%.
Márgenes de los últimos 12 meses: margen bruto 21.4%, margen operativo 0.6%, margen neto 5.8%.
Al precio actual de $1.58, HOLO cotiza a un P/E de 0.29 y un ROE del -1.90%. La capitalización bursátil es de $21M.
Cuenta de Resultados (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $75.6M | $216.1M | $358.6M | $487.9M | $203.5M | $290.3M | $392.7M |
| Coste de Ventas | $2.0M | $82.4M | $108.6M | $264.7M | $129.3M | $224.9M | $310.8M |
| Beneficio Bruto | $73.7M | $133.7M | $250.0M | $223.3M | $74.3M | $65.4M | $81.9M |
| I+D | $57.8M | $86.0M | $145.3M | $331.3M | $78.7M | $174.4M | $55.4M |
| Generales y Administrativos | $6.1M | $15.0M | $25.3M | $31.8M | $72.0M | $26.8M | $21.9M |
| Gastos Operativos | $63.9M | $101.5M | $171.2M | $361.6M | $151.2M | $203.6M | $79.4M |
| Beneficio Operativo | $9.7M | $32.2M | $78.8M | -$138.3M | -$76.9M | -$138.2M | $2.5M |
| EBITDA | $10.5M | $34.8M | $85.5M | -$134.3M | -$70.1M | -$136.3M | $4.2M |
| Gastos por Intereses | $570087 | $312400 | 0 | 0 | 0 | 0 | 0 |
| Beneficio Antes de Impuestos | $10.3M | $32.1M | $80.4M | -$137.3M | -$85.7M | -$61.7M | -$48.8M |
| Impuestos | 0 | $312216 | -$794803 | -$826140 | -$4.1M | $2.5M | 0 |
| Beneficio Neto | $10.3M | $31.8M | $81.2M | -$136.8M | -$81.4M | -$63.3M | -$51.3M |
| BPA | $15.54 | $48.23 | $123.10 | $-1362.63 | $-750.97 | $-43.47 | $-3.92 |
| BPA Diluido | $15.54 | $48.23 | $123.10 | $-1362.63 | $-750.97 | $-43.47 | $-3.92 |
| Acciones en Circulación (Diluidas) | $6.6M | $6.6M | $6.6M | $1.0M | $1.1M | $1.5M | $13.2M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 |
|---|
| Ingresos | $79.8M | $79.8M | $122.0M | $403.7M |
| Beneficio Bruto | $17.9M | $17.9M | $25.1M | $85.9M |
| Beneficio Operativo | $334675 | $334675 | $967497 | $2.6M |
| EBITDA | $392933 | $392933 | $1.0M | -$50.1M |
| Beneficio Neto | $118.9M | $118.9M | -$145.3M | -$52.7M |
| BPA | $23.37 | $23.37 | $-6.83 | $-4.00 |
| BPA Diluido | $22.12 | $22.12 | $-6.83 | $-4.00 |
Balance (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $998891 | $30.7M | $48.0M | $151.1M | $126.0M | $851.5M | $1.84B |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | $725.7M | $899.7M |
| Cuentas por Cobrar | $1.2M | $93.1M | $68.3M | $80.4M | $9.8M | $23.5M | $27.3M |
| Inventario | $1.1M | $4.9M | $1.9M | $1.8M | $1.4M | $765683 | $117811 |
| Activos Corrientes | $10.6M | $142.3M | $132.2M | $239.5M | $152.1M | $1.61B | $2.78B |
| Inmovilizado Material | $737978 | $815745 | $294242 | $5.7M | $4.6M | $2.9M | $1.7M |
| Fondo de Comercio | 0 | $21.2M | $21.2M | $21.2M | 0 | 0 | 0 |
| Activos Intangibles | $16490 | $28.1M | $21.8M | $15.4M | 0 | 0 | 0 |
| Activos Totales | $11.5M | $193.0M | $177.4M | $282.1M | $160.6M | $1.61B | $2.78B |
| Cuentas por Pagar | $2.0M | $53.1M | $47.0M | $61.2M | $1.3M | $13.4M | $20.9M |
| Deuda a Corto | 0 | $210546 | $370 | $410000 | $2.9M | $5.3M | $48.9M |
| Pasivos Corrientes | $12.3M | $125.3M | $63.1M | $81.1M | $17.2M | $30.9M | $82.8M |
| Deuda a Largo | 0 | $33.8M | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $12.3M | $161.9M | $65.1M | $85.2M | $19.4M | $31.9M | $82.8M |
| Reservas | -$30.7M | -$4.7M | $73.8M | -$65.5M | -$146.9M | -$209.7M | -$266.2M |
| Patrimonio Neto | -$717829 | $31.1M | $112.3M | $196.6M | $141.1M | $1.58B | $2.69B |
| Deuda Total | 0 | $34.0M | $370 | $4.6M | $6.0M | $7.8M | $50.1M |
| Deuda Neta | -$998891 | $3.3M | -$48.0M | -$146.5M | -$120.0M | -$1.57B | -$2.69B |
| Capital Circulante | -$1.6M | $17.0M | $69.0M | $158.3M | $134.9M | $1.58B | $2.70B |
Balance (Trimestral)
| Año | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q2 |
|---|
| Caja y Equivalentes | $1.60B | $1.84B | $1.84B | $752.1M |
| Activos Totales | $2.95B | $2.78B | $2.78B | $2.58B |
| Pasivos Totales | $81.5M | $82.8M | $82.8M | $74.5M |
| Patrimonio Neto | $2.87B | $2.69B | $2.69B | $2.49B |
| Deuda Total | $57.9M | $50.0M | $50.0M | $45.1M |
Flujo de Caja (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $10.3M | $31.8M | $81.2M | -$136.5M | -$81.6M | -$64.2M | -$50.2M |
| Amortizaciones | $807457 | $2.5M | $6.7M | $8.4M | $7.2M | $2.0M | $1.7M |
| Compensación en Acciones | 0 | 0 | 0 | 0 | $32.2M | $952556 | 0 |
| Cambio en Capital Circulante | $4.1M | -$48.9M | $15.6M | -$5.9M | -$4.0M | -$1.2M | $2.6M |
| Flujo de Caja Operativo | $9.7M | -$14.2M | $103.0M | -$134.7M | -$27.7M | -$98.6M | $56.4M |
| Inversiones (CapEx) | -$30690 | -$12832 | -$135676 | -$1.8M | -$774615 | -$11927 | -$99894 |
| Adquisiciones | 0 | $1.2M | -$50.0M | 0 | -$600000 | 0 | $745102 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $9.7M | -$14.2M | $103.0M | -$136.5M | -$28.5M | -$98.6M | $56.3M |
Flujo de Caja (Trimestral)
| Año | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 |
|---|
| Flujo de Caja Operativo | $11.5M | $11.5M | $16.7M | $7.9M |
| Inversiones (CapEx) | -$14847 | -$14847 | -$35100 | -$13985 |
| Flujo de Caja Libre | $11.5M | $11.5M | $16.6M | $7.9M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +185.8% | +66.0% | +36.0% | -58.3% | +42.6% | +35.3% |
| Crecimiento Beneficio Neto (anual) | | +210.3% | +155.2% | -268.3% | +40.5% | +22.2% | +19.0% |
| Crecimiento BPA (anual) | | +210.4% | +155.2% | -1206.9% | +44.9% | +94.2% | +91.0% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | -84.8% | +8.0% | +34.4% | +804.5% |
| Crecimiento FCF (anual) | | -246.7% | +823.0% | -232.5% | +79.1% | -245.9% | +157.1% |
| Margen Bruto | 97.4% | 61.9% | 69.7% | 45.8% | 36.5% | 22.5% | 20.9% |
| Margen Operativo | 12.9% | 14.9% | 22.0% | -28.4% | -37.8% | -47.6% | 0.6% |
| Margen EBITDA | 13.9% | 16.1% | 23.8% | -27.5% | -34.4% | -46.9% | 1.1% |
| Margen Neto | 13.6% | 14.7% | 22.7% | -28.0% | -40.0% | -21.8% | -13.1% |
| Margen FCF | 12.8% | -6.6% | 28.7% | -28.0% | -14.0% | -34.0% | 14.3% |
| Tasa Impositiva Efectiva | 0.0% | 1.0% | -1.0% | 0.6% | 4.8% | -4.1% | -0.0% |
Datos por Acción (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $1.47 | $-2.16 | $15.61 | $-135.99 | $-26.31 | $-67.70 | $4.27 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $6.6M | $6.6M | $6.6M | $1.0M | $1.1M | $1.5M | $13.2M |
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 | -1.90% |
| Rentabilidad sobre capital invertido | 0.09% |
| Rentabilidad sobre activos | -1.84% |
| Margen bruto | 21.40% |
| Margen operativo | 0.62% |
| Margen neto | 5.82% |
Salud financiera
| Deuda / Patrimonio | 0.02 |
| Ratio corriente | 33.54 |
Ratios Clave (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 34907.06 | 10541.74 | 4111.58 | -91.92 | -27.07 | -33.11 | -4.71 |
| P/VC | -4987549.10 | 107943.65 | 29746.33 | 639.37 | 156.10 | 1.32 | 0.09 |
| P/V | 47345.38 | 15528.51 | 9314.09 | 257.62 | 108.22 | 7.22 | 0.62 |
| Margen Bruto | 97.4% | 61.9% | 69.7% | 45.8% | 36.5% | 22.5% | 20.9% |
| Margen Operativo | 12.9% | 14.9% | 22.0% | -28.4% | -37.8% | -47.6% | 0.6% |
| Margen Neto | 13.6% | 14.7% | 22.7% | -28.0% | -40.0% | -21.8% | -13.1% |