Estados financieros detallados de inTEST Corporation (INTT): 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
inTEST Corporation registró ingresos de $113.8M en el último ejercicio fiscal, con un CAGR de 5 años del 16.2%.
Márgenes de los últimos 12 meses: margen bruto 42.7%, margen operativo 1.7%, margen neto 1.2%. El flujo de caja libre creció a un CAGR del 17.0% en 5 años.
Al precio actual de $10.81, INTT cotiza a un P/E de 86.69 y un ROE del 1.50%. La capitalización bursátil es de $136M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $40.2M | $66.8M | $78.6M | $60.7M | $53.8M | $84.9M | $116.8M | $123.3M | $130.7M | $113.8M |
| Coste de Ventas | $19.8M | $32.1M | $39.2M | $31.4M | $29.7M | $43.7M | $63.4M | $66.3M | $75.3M | $64.9M |
| Beneficio Bruto | $20.4M | $34.7M | $39.4M | $29.2M | $24.1M | $41.2M | $53.4M | $57.0M | $55.4M | $48.9M |
| I+D | $3.7M | $4.3M | $4.9M | $5.0M | $5.1M | $5.5M | $7.5M | $7.6M | $8.5M | $9.4M |
| Generales y Administrativos | $12.6M | $19.8M | $22.4M | $21.7M | $19.0M | $26.9M | $35.2M | $38.9M | $43.5M | $39.0M |
| Gastos Operativos | $16.2M | $24.1M | $27.3M | $26.7M | $25.3M | $32.8M | $42.7M | $46.5M | $52.0M | $52.6M |
| Beneficio Operativo | $4.1M | $3.6M | $5.2M | -$644000 | -$1.2M | $8.5M | $10.7M | $10.4M | $3.4M | -$3.7M |
| EBITDA | $4.7M | $13.3M | $14.0M | $5.8M | $3.2M | $11.6M | $15.5M | $16.4M | $9.7M | $4.0M |
| Gastos por Intereses | 0 | 0 | $137000 | 0 | 0 | $89000 | $635000 | $679000 | $846000 | $450000 |
| Beneficio Antes de Impuestos | $4.2M | $3.8M | $5.0M | $2.6M | -$1.2M | $8.4M | $10.1M | $11.0M | $3.5M | -$3.2M |
| Impuestos | $1.5M | $2.9M | $2.0M | $282000 | -$336000 | $1.1M | $1.7M | $1.7M | $563000 | -$695000 |
| Beneficio Neto | $2.7M | $975000 | $3.0M | $2.3M | -$895000 | $7.3M | $8.5M | $9.3M | $2.9M | -$2.5M |
| BPA | $0.26 | $0.09 | $0.29 | $0.22 | $-0.09 | $0.70 | $0.79 | $0.82 | $0.24 | $-0.21 |
| BPA Diluido | $0.26 | $0.09 | $0.29 | $0.22 | $-0.09 | $0.68 | $0.78 | $0.79 | $0.24 | $-0.21 |
| Acciones en Circulación (Diluidas) | $10.3M | $10.3M | $10.4M | $10.4M | $10.3M | $10.7M | $10.9M | $11.8M | $12.2M | $12.2M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $26.2M | $32.8M | $33.9M | $35.3M |
| Beneficio Bruto | $11.0M | $14.9M | $14.6M | $14.3M |
| Beneficio Operativo | -$1.2M | $1.3M | $1.7M | $363000 |
| EBITDA | $26000 | $3.2M | $2.2M | $312000 |
| Beneficio Neto | -$938000 | $1.2M | $789000 | $474000 |
| BPA | $-0.08 | $0.10 | $0.06 | $0.04 |
| BPA Diluido | $-0.08 | $0.10 | $0.06 | $0.04 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $28.6M | $13.3M | $17.9M | $7.6M | $10.3M | $21.2M | $13.4M | $45.3M | $19.8M | $14.2M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $5.4M | $12.2M | $10.6M | $9.3M | $8.4M | $16.5M | $21.2M | $18.2M | $29.5M | $25.9M |
| Inventario | $3.7M | $5.0M | $6.5M | $7.2M | $7.5M | $12.9M | $22.6M | $20.1M | $26.8M | $31.6M |
| Activos Corrientes | $38.0M | $31.0M | $35.6M | $24.9M | $27.0M | $52.1M | $60.1M | $85.8M | $78.8M | $78.6M |
| Inmovilizado Material | $944000 | $1.5M | $2.7M | $7.3M | $8.7M | $8.6M | $8.9M | $8.2M | $15.2M | $13.9M |
| Fondo de Comercio | $1.7M | $13.7M | $13.7M | $13.7M | $13.7M | $21.4M | $21.6M | $21.7M | $30.7M | $32.4M |
| Activos Intangibles | $875000 | $16.0M | $14.9M | $13.7M | $12.4M | $21.6M | $18.6M | $16.6M | $26.4M | $24.9M |
| Activos Totales | $42.8M | $62.5M | $67.2M | $59.7M | $62.0M | $103.9M | $110.1M | $134.8M | $152.3M | $151.3M |
| Cuentas por Pagar | $1.4M | $2.0M | $1.8M | $2.0M | $2.4M | $4.3M | $7.4M | $5.5M | $8.0M | $11.2M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | $4.1M | $4.1M | $4.1M | $7.5M | $6.1M |
| Pasivos Corrientes | $5.1M | $14.4M | $21.4M | $8.4M | $8.9M | $25.1M | $26.9M | $24.3M | $31.9M | $35.8M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | $16.0M | $12.0M | $7.9M | $7.5M | $1.4M |
| Pasivos Totales | $5.1M | $23.2M | $24.3M | $14.9M | $17.3M | $49.1M | $45.1M | $38.5M | $52.5M | $47.7M |
| Reservas | $11.7M | $12.6M | $15.7M | $18.0M | $17.1M | $24.4M | $32.9M | $42.2M | $45.1M | $42.6M |
| Patrimonio Neto | $37.8M | $39.3M | $42.9M | $44.8M | $44.8M | $54.8M | $65.0M | $96.3M | $99.8M | $103.6M |
| Deuda Total | 0 | 0 | 0 | $5.1M | $7.3M | $26.7M | $22.5M | $17.5M | $26.0M | $17.0M |
| Deuda Neta | -$28.6M | -$13.3M | -$17.9M | -$2.5M | -$3.0M | $5.5M | $9.1M | -$27.8M | $6.2M | $2.8M |
| Capital Circulante | $33.0M | $16.6M | $14.2M | $16.5M | $18.1M | $27.0M | $33.2M | $61.5M | $46.9M | $42.9M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $21.1M | $14.2M | $12.9M | $22.1M |
| Activos Totales | $148.3M | $151.3M | $150.8M | $149.1M |
| Pasivos Totales | $46.4M | $47.7M | $46.3M | $41.4M |
| Patrimonio Neto | $101.9M | $103.6M | $104.5M | $107.7M |
| Deuda Total | $18.8M | $17.0M | $17.5M | $14.8M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $2.7M | $975000 | $3.0M | $2.3M | -$895000 | $7.3M | $8.5M | $9.3M | $2.9M | -$2.5M |
| Amortizaciones | $599000 | $1.8M | $1.9M | $3.2M | $3.2M | $3.1M | $4.7M | $4.7M | $5.4M | $6.8M |
| Compensación en Acciones | $269000 | $344000 | $653000 | $884000 | $671000 | $1.4M | $1.8M | $2.0M | $1.9M | $1.6M |
| Cambio en Capital Circulante | $256000 | -$1.5M | -$572000 | -$2.8M | -$547000 | -$987000 | -$15.7M | $838000 | -$5.8M | $2.0M |
| Flujo de Caja Operativo | $4.3M | $7.2M | $11.0M | -$8.4M | $3.2M | $10.8M | -$1.4M | $16.2M | $3.8M | $7.3M |
| Inversiones (CapEx) | -$339000 | -$745000 | -$2.2M | -$620000 | -$658000 | -$994000 | -$1.4M | -$1.3M | -$1.3M | -$1.6M |
| Adquisiciones | 0 | -$22.0M | -$4.1M | 0 | 0 | -$20.4M | -$179000 | 0 | -$18.7M | 0 |
| Recompra de Acciones | -$978000 | -$62000 | 0 | -$1.1M | -$74000 | 0 | -$10000 | 0 | -$1.0M | -$17000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $3.9M | $6.5M | $8.7M | -$9.0M | $2.6M | $9.8M | -$2.8M | $14.9M | $2.5M | $5.7M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $3.5M | -$1.0M | -$3.3M | $6.3M |
| Inversiones (CapEx) | -$407000 | -$534000 | -$644000 | -$405000 |
| Flujo de Caja Libre | $3.1M | -$1.6M | -$4.0M | $5.9M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $354000 | $398000 | $291000 | $843000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +66.1% | +17.6% | -22.8% | -11.3% | +57.7% | +37.6% | +5.5% | +6.0% | -12.9% |
| Crecimiento Beneficio Neto (anual) | | -63.3% | +211.5% | -23.5% | -138.5% | +913.7% | +16.2% | +10.4% | -69.1% | -187.4% |
| Crecimiento BPA (anual) | | -65.4% | +222.2% | -24.1% | -139.7% | +901.8% | +12.9% | +3.8% | -70.7% | -187.5% |
| Cambio en Acciones (anual) | | +0.1% | +0.4% | +0.1% | -1.3% | +4.6% | +1.2% | +8.4% | +3.9% | -0.3% |
| Crecimiento FCF (anual) | | +64.5% | +34.6% | -203.2% | +128.7% | +280.2% | -128.0% | +641.5% | -83.3% | +127.6% |
| Margen Bruto | 50.7% | 51.9% | 50.2% | 48.2% | 44.8% | 48.6% | 45.7% | 46.2% | 42.4% | 43.0% |
| Margen Operativo | 10.3% | 5.4% | 6.6% | -1.1% | -2.3% | 10.0% | 9.2% | 8.5% | 2.6% | -3.3% |
| Margen EBITDA | 11.8% | 19.9% | 17.8% | 9.6% | 6.0% | 13.7% | 13.3% | 13.3% | 7.5% | 3.5% |
| Margen Neto | 6.6% | 1.5% | 3.9% | 3.8% | -1.7% | 8.6% | 7.2% | 7.6% | 2.2% | -2.2% |
| Margen FCF | 9.8% | 9.7% | 11.1% | -14.9% | 4.8% | 11.6% | -2.4% | 12.1% | 1.9% | 5.0% |
| Tasa Impositiva Efectiva | 36.8% | 74.6% | 39.8% | 10.8% | 27.3% | 13.3% | 16.6% | 15.4% | 16.3% | 21.6% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.38 | $0.63 | $0.84 | $-0.87 | $0.25 | $0.92 | $-0.25 | $1.27 | $0.20 | $0.47 |
| 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) | $10.3M | $10.3M | $10.3M | $10.4M | $10.3M | $10.5M | $10.7M | $11.5M | $12.2M | $12.2M |
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 | 1.50% |
| Rentabilidad sobre capital invertido | 1.72% |
| Rentabilidad sobre activos | 1.05% |
| Margen bruto | 42.74% |
| Margen operativo | 1.67% |
| Margen neto | 1.22% |
Salud financiera
| Deuda / Patrimonio | 0.14 |
| Ratio corriente | 2.49 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 17.69 | 96.11 | 21.14 | 27.05 | -74.34 | 18.17 | 13.04 | 16.59 | 35.79 | -35.57 |
| P/VC | 1.26 | 2.26 | 1.48 | 1.38 | 1.49 | 2.43 | 1.69 | 1.62 | 1.05 | 0.88 |
| P/V | 1.18 | 1.33 | 0.81 | 1.02 | 1.24 | 1.57 | 0.94 | 1.26 | 0.80 | 0.80 |
| Margen Bruto | 50.7% | 51.9% | 50.2% | 48.2% | 44.8% | 48.6% | 45.7% | 46.2% | 42.4% | 43.0% |
| Margen Operativo | 10.3% | 5.4% | 6.6% | -1.1% | -2.3% | 10.0% | 9.2% | 8.5% | 2.6% | -3.3% |
| Margen Neto | 6.6% | 1.5% | 3.9% | 3.8% | -1.7% | 8.6% | 7.2% | 7.6% | 2.2% | -2.2% |