Estados financieros detallados de Linkage Global Inc (LGCB): 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 71.7%, margen operativo -90.4%, margen neto -144.5%.
Al precio actual de $0.27, LGCB presenta beneficios negativos (P/E no significativo) y un ROE del -44.66%. La capitalización bursátil es de $3M.
Cuenta de Resultados (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $15.5M | $22.0M | $12.7M | $10.3M | $34181 |
| Coste de Ventas | $12.9M | $18.3M | $10.9M | $6.1M | $9690 |
| Beneficio Bruto | $2.5M | $3.7M | $1.9M | $4.2M | $24491 |
| I+D | $102880 | $628350 | $588108 | $302280 | $3924 |
| Generales y Administrativos | $1.6M | $1.9M | $2.0M | $3.9M | $7.7M |
| Gastos Operativos | $1.7M | $2.5M | $2.6M | $4.2M | $55401 |
| Beneficio Operativo | $881000 | $1.4M | -$696750 | -$76555 | -$30910 |
| EBITDA | $914371 | $1.3M | -$431748 | $235508 | -$28536 |
| Gastos por Intereses | $81877 | $79455 | $102360 | 0 | $16355 |
| Beneficio Antes de Impuestos | $853206 | $1.5M | -$716678 | $150344 | -$46700 |
| Impuestos | $101540 | $385958 | -$63950 | $589680 | $2700 |
| Beneficio Neto | $751666 | $1.1M | -$652728 | -$439336 | -$49400 |
| BPA | $0.00 | $0.00 | $-0.00 | $-0.00 | $-0.01 |
| BPA Diluido | $0.00 | $0.00 | $-0.00 | $-0.00 | $-0.01 |
| Acciones en Circulación (Diluidas) | $2.1M | $2.1M | $2.1M | $2.1M | $5.8M |
Cuenta de Resultados (Trimestral)
| Año | 2024-Q1 | 2024-Q3 | 2025-Q1 | 2025-Q3 |
|---|
| Ingresos | $32380 | $10.3M | $3.5M | $10930 |
| Beneficio Bruto | $4783 | $4.2M | $2.7M | $6692 |
| Beneficio Operativo | -$6174 | -$70380 | -$1.6M | -$20352 |
| EBITDA | -$6154 | $241672 | -$1.1M | -$19439 |
| Beneficio Neto | -$6060 | -$433275 | -$3.1M | -$29313 |
| BPA | $-0.00 | $-0.20 | $-0.01 | $-0.00 |
| BPA Diluido | $-0.00 | $-0.20 | $-0.01 | $-0.00 |
Balance (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $1.8M | $3.7M | $1.1M | $2.0M | $4974 |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $1.4M | $2.7M | $2.5M | $7.1M | $45211 |
| Inventario | $440803 | $3072 | $679732 | $66331 | $7535 |
| Activos Corrientes | $4.2M | $7.1M | $8.6M | $12.0M | $140321 |
| Inmovilizado Material | $3.1M | $685675 | $783587 | $739537 | $4253 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $2.2M | $1.1M | 0 | 0 | 0 |
| Activos Totales | $7.6M | $9.1M | $10.6M | $12.7M | $144575 |
| Cuentas por Pagar | $539260 | $518320 | $1.1M | $624723 | $355 |
| Deuda a Corto | $847205 | $4762 | $535226 | $1.4M | $18501 |
| Pasivos Corrientes | $2.4M | $3.7M | $4.7M | $4.4M | $27638 |
| Deuda a Largo | $3.4M | $2.7M | $2.0M | $839560 | $6322 |
| Pasivos Totales | $5.9M | $6.3M | $7.1M | $5.7M | $33960 |
| Reservas | $1.7M | $2.7M | $2.1M | $1.6M | -$38967 |
| Patrimonio Neto | $1.7M | $2.7M | $3.5M | $7.0M | $110614 |
| Deuda Total | $4.2M | $3.3M | $3.2M | $2.9M | $26612 |
| Deuda Neta | $2.5M | -$343348 | $2.1M | $938687 | $21638 |
| Capital Circulante | $1.8M | $3.4M | $3.9M | $7.6M | $112683 |
Balance (Trimestral)
| Año | 2024-Q3 | 2025-Q1 | 2025-Q3 | 2026-Q1 |
|---|
| Caja y Equivalentes | $2.0M | $328081 | $4974 | $533405 |
| Activos Totales | $12.7M | $19.6M | $144575 | $21.8M |
| Pasivos Totales | $5.7M | $12.6M | $33960 | $5.5M |
| Patrimonio Neto | $7.0M | $6.9M | $110614 | $16.2M |
| Deuda Total | $2.9M | $9.4M | $26612 | $3.0M |
Flujo de Caja (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $6990 | $8560 | -$652728 | -$439336 | -$49400 |
| Amortizaciones | $310 | $655 | $263690 | $311362 | $1812 |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 |
| Cambio en Capital Circulante | $454011 | $120721 | -$3.4M | -$2.4M | -$20565 |
| Flujo de Caja Operativo | $1.2M | $1.2M | -$3.9M | -$1.6M | -$31408 |
| Inversiones (CapEx) | -$3.1M | -$481391 | -$12137 | -$5 | -$1151 |
| Adquisiciones | -$139393 | -$40098 | $1.7M | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$1.8M | $687537 | -$3.9M | -$1.6M | -$32560 |
Flujo de Caja (Trimestral)
| Año | 2023-Q1 | 2023-Q3 | 2025-Q1 | 2025-Q3 |
|---|
| Flujo de Caja Operativo | -$1.8M | -$2.1M | -$1.7M | -$20667 |
| Inversiones (CapEx) | -$12227 | $90 | $1.7M | -$1172 |
| Flujo de Caja Libre | -$1.8M | -$2.1M | 0 | -$21840 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +42.4% | -42.2% | -19.2% | -99.7% |
| Crecimiento Beneficio Neto (anual) | | +41.9% | -161.2% | +32.7% | +88.8% |
| Crecimiento BPA (anual) | | +21.2% | -155.0% | +36.4% | -507.1% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.0% | +169.5% |
| Crecimiento FCF (anual) | | +137.2% | -666.6% | +58.0% | +98.0% |
| Margen Bruto | 16.4% | 16.8% | 14.6% | 40.5% | 71.7% |
| Margen Operativo | 5.7% | 6.4% | -5.5% | -0.7% | -90.4% |
| Margen EBITDA | 5.9% | 5.9% | -3.4% | 2.3% | -83.5% |
| Margen Neto | 4.9% | 4.8% | -5.1% | -4.3% | -144.5% |
| Margen FCF | -12.0% | 3.1% | -30.6% | -15.9% | -95.3% |
| Tasa Impositiva Efectiva | 11.9% | 26.6% | 8.9% | 392.2% | -5.8% |
Datos por Acción (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.86 | $0.32 | $-1.81 | $-0.76 | $-0.01 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $2.1M | $2.1M | $2.1M | $2.1M | $5.8M |
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 | -44.66% |
| Rentabilidad sobre capital invertido | -22.82% |
| Rentabilidad sobre activos | -34.17% |
| Margen bruto | 71.65% |
| Margen operativo | -90.43% |
| Margen neto | -144.52% |
Salud financiera
| Deuda / Patrimonio | 0.24 |
| Ratio corriente | 5.08 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 202.76 |
Ratios Clave (10 años)
| Año | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 9454.55 | 7800.00 | -14181.82 | -2757.14 | -232.94 |
| P/VC | 38.87 | 24.53 | 19.18 | 1.18 | 103.71 |
| P/V | 4.34 | 3.05 | 5.27 | 0.81 | 335.60 |
| Margen Bruto | 16.4% | 16.8% | 14.6% | 40.5% | 71.7% |
| Margen Operativo | 5.7% | 6.4% | -5.5% | -0.7% | -90.4% |
| Margen Neto | 4.9% | 4.8% | -5.1% | -4.3% | -144.5% |