Estados financieros detallados de IP Strategy Holdings, Inc. (IPST): 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
Márgenes de los últimos 12 meses: margen bruto 58.3%, margen operativo -7.1%, margen neto -18.8%.
Al precio actual de $2.67, IPST presenta beneficios negativos (P/E no significativo) y un ROE del -146.98%. La capitalización bursátil es de $1M.
Cuenta de Resultados (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $8.3M | $8.3M | $8.0M | $8.4M | $10.1M |
| Coste de Ventas | $6.0M | $6.1M | $5.8M | $6.3M | $5.5M |
| Beneficio Bruto | $2.2M | $2.2M | $2.2M | $2.1M | $4.7M |
| I+D | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $9.3M | $12.8M | $10.0M | $13.8M | $17.9M |
| Gastos Operativos | $10.2M | $14.0M | $13.4M | $17.0M | $17.0M |
| Beneficio Operativo | -$7.9M | -$11.8M | -$11.3M | -$14.9M | -$12.4M |
| EBITDA | -$3.3M | -$7.8M | -$32.3M | $5.0M | -$134.6M |
| Gastos por Intereses | $2.7M | $2.6M | $2.5M | $2.5M | $1.6M |
| Beneficio Antes de Impuestos | -$7.2M | -$12.3M | -$36.8M | $719608 | -$137.7M |
| Impuestos | $9030 | $8101 | $7000 | $9150 | -$8490 |
| Beneficio Neto | -$7.2M | -$12.3M | -$36.8M | $710458 | -$137.7M |
| BPA | $-622.22 | $-1057.40 | $-3171.67 | $4.76 | $-320.63 |
| BPA Diluido | $-622.22 | $-1057.40 | $-3171.67 | $-1059.26 | $-320.63 |
| Acciones en Circulación (Diluidas) | $232040 | $232040 | $232040 | $263680 | $430997 |
Balance (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $205278 | $223034 | $76878 | $453162 | $245282 |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $224471 | $494714 | $721932 | $638890 | $347763 |
| Inventario | $4.3M | $3.6M | $2.8M | $2.5M | $1.6M |
| Activos Corrientes | $5.7M | $5.4M | $5.3M | $3.9M | $2.7M |
| Inmovilizado Material | $8.2M | $11.5M | $10.1M | $8.8M | $3.4M |
| Fondo de Comercio | 0 | 0 | 0 | $589870 | 0 |
| Activos Intangibles | 0 | 0 | 0 | $421151 | $91.7M |
| Activos Totales | $24.9M | $28.0M | $26.3M | $28.0M | $108.8M |
| Cuentas por Pagar | $1.8M | $3.2M | $5.2M | $5.0M | $2.0M |
| Deuda a Corto | $3.0M | $13.9M | $50.6M | $3.8M | $2.4M |
| Pasivos Corrientes | $8.0M | $21.9M | $62.8M | $13.8M | $8.9M |
| Deuda a Largo | $11.2M | $8.0M | $1.5M | $9.5M | $220842 |
| Pasivos Totales | $19.7M | $34.6M | $69.7M | $27.2M | $10.5M |
| Reservas | -$25.8M | -$38.0M | -$74.8M | -$74.1M | -$211.8M |
| Patrimonio Neto | $5.2M | -$6.6M | -$43.4M | $791767 | $98.2M |
| Deuda Total | $14.3M | $26.7M | $56.4M | $17.2M | $4.7M |
| Deuda Neta | $14.1M | $26.4M | $56.3M | $16.7M | $4.5M |
| Capital Circulante | -$2.3M | -$16.4M | -$57.6M | -$9.9M | -$6.1M |
Flujo de Caja (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$7.2M | -$12.3M | -$36.8M | $710458 | -$137.7M |
| Amortizaciones | $1.2M | $1.9M | $1.9M | $1.8M | $1.5M |
| Compensación en Acciones | $73217 | $86659 | $18594 | $4.9M | $125000 |
| Cambio en Capital Circulante | $231550 | $2.0M | $2.9M | -$1.0M | -$8.2M |
| Flujo de Caja Operativo | -$7.7M | -$9.3M | -$8.5M | -$11.2M | -$15.3M |
| Inversiones (CapEx) | -$1.2M | -$639383 | -$26512 | -$106421 | -$74754 |
| Adquisiciones | 0 | 0 | 0 | $5090 | 0 |
| Recompra de Acciones | 0 | -$12960 | -$11340 | -$3690 | -$2000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$8.9M | -$9.9M | -$8.5M | -$11.3M | -$15.4M |
Crecimiento y Márgenes (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +0.3% | -4.1% | +5.4% | +20.4% |
| Crecimiento Beneficio Neto (anual) | | -69.9% | -199.9% | +101.9% | -19484.0% |
| Crecimiento BPA (anual) | | -69.9% | -199.9% | +100.2% | -6835.9% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +13.6% | +63.5% |
| Crecimiento FCF (anual) | | -11.9% | +14.4% | -33.1% | -36.0% |
| Margen Bruto | 27.0% | 26.6% | 27.0% | 25.3% | 46.1% |
| Margen Operativo | -95.7% | -142.3% | -141.3% | -177.6% | -122.1% |
| Margen EBITDA | -39.8% | -93.4% | -405.7% | 60.1% | -1330.1% |
| Margen Neto | -87.1% | -147.6% | -461.6% | 8.5% | -1360.9% |
| Margen FCF | -107.1% | -119.6% | -106.7% | -134.7% | -152.2% |
| Tasa Impositiva Efectiva | -0.1% | -0.1% | -0.0% | 1.3% | 0.0% |
Datos por Acción (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-38.26 | $-42.82 | $-36.66 | $-42.94 | $-35.74 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $232040 | $232040 | $232040 | $263680 | $430997 |
Qué mirar en empresas de Consumer Defensive
- Margen bruto (estable 5a) (Estable ≥35%) — Pricing power de marca — Coca-Cola no pierde margen ni en crisis.
- ROE / ROIC estables (ROE ≥15% estable) — Defensivas tienen ROE alto consistente — los 'stalwarts' de Lynch.
- FCF / Beneficio Neto (≥90%) — Conversión de beneficios a caja — los mejores superan 95%.
- Crecimiento del dividendo 10a (≥6%/año) — Los Dividend Aristocrats suben 25+ años — señal de moat.
- Payout Ratio (<75%) — >80% = dividendo en riesgo. <60% cómodo.
- Deuda Neta / EBITDA (<2,5x) — Una defensiva con mucha deuda pierde su esencia.
Rentabilidad
| Rentabilidad sobre capital | -146.98% |
| Rentabilidad sobre capital invertido | -206.12% |
| Rentabilidad sobre activos | -470.95% |
| Margen bruto | 58.27% |
| Margen operativo | -710.72% |
| Margen neto | -1875.55% |
Salud financiera
| Deuda / Patrimonio | 0.14 |
| Ratio corriente | 0.43 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 12.23 |
Ratios Clave (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -2.19 | -1.29 | -0.43 | 144.54 | -0.10 |
| P/VC | 60.57 | -47.59 | -7.27 | 229.12 | 0.14 |
| P/V | 38.08 | 37.98 | 39.59 | 21.59 | 1.33 |
| Margen Bruto | 27.0% | 26.6% | 27.0% | 25.3% | 46.1% |
| Margen Operativo | -95.7% | -142.3% | -141.3% | -177.6% | -122.1% |
| Margen Neto | -87.1% | -147.6% | -461.6% | 8.5% | -1360.9% |