Estados financieros detallados de MoneyHero Limited Class A Ordinary Shares (MNY): 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 31.6%, margen operativo -12.2%, margen neto -12.5%.
Al precio actual de $0.79, MNY presenta beneficios negativos (P/E no significativo) y un ROE del -24.36%. La capitalización bursátil es de $35M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | 0 | $61.9M | $68.1M | $80.7M | $79.5M | $73.4M |
| Coste de Ventas | 0 | $29.9M | $33.9M | $43.9M | $50.2M | $37.3M |
| Beneficio Bruto | 0 | $32.0M | -$38871 | $36.7M | $29.3M | $36.1M |
| I+D | 0 | $5.1M | $6.6M | 0 | $7.4M | 0 |
| Generales y Administrativos | $238199 | $53.2M | $64.6M | $124.9M | $61.3M | $43.9M |
| Gastos Operativos | $238199 | $61.2M | $40.9M | $66.8M | $64.7M | $47.0M |
| Beneficio Operativo | -$238200 | -$29.2M | -$41.0M | -$30.0M | -$40.2M | -$10.8M |
| EBITDA | -$90.2M | -$25.4M | -$37.1M | -$146.3M | -$33.6M | -$4.1M |
| Gastos por Intereses | 0 | $1.7M | $7.8M | $19.0M | $25472 | $53629 |
| Beneficio Antes de Impuestos | -$90.4M | -$31.0M | -$49.7M | -$172.5M | -$37.7M | -$5.1M |
| Impuestos | 0 | -$38173 | -$251779 | $62983 | $109000 | $40405 |
| Beneficio Neto | -$90.4M | -$30.9M | -$49.4M | -$172.6M | -$37.8M | -$5.2M |
| BPA | $-1.22 | $-0.42 | $-1.33 | $-5.13 | $-0.90 | $-0.12 |
| BPA Diluido | $-1.22 | $-0.42 | $-1.33 | $-5.13 | $-0.90 | $-0.12 |
| Acciones en Circulación (Diluidas) | $74.4M | $74.4M | $37.2M | $33.7M | $41.9M | $42.8M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $21.1M | $20.0M | $16.5M | $15.8M |
| Beneficio Bruto | $4.6M | $10.5M | -$139000 | $8.2M |
| Beneficio Operativo | -$1.9M | -$1.4M | -$3.3M | -$2.4M |
| EBITDA | -$2.7M | $569059 | -$3.0M | -$1.2M |
| Beneficio Neto | -$3.5M | $528025 | -$6.7M | -$1.2M |
| BPA | $-0.10 | $0.01 | $-0.15 | $-0.03 |
| BPA Diluido | $-0.10 | $0.01 | $-0.15 | $-0.03 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $1.5M | $156127 | $24.1M | $68.6M | $42.5M | $12.3M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | $185000 | $19.1M |
| Cuentas por Cobrar | 0 | $24.0M | $24.4M | $33.3M | $25.4M | $36.7M |
| Inventario | 0 | 0 | -$3.3M | 0 | 0 | $974788 |
| Activos Corrientes | $1.9M | $712794 | $48.6M | $106.9M | $77.2M | $74.3M |
| Inmovilizado Material | 0 | 0 | $1.1M | $780210 | $959000 | $1.1M |
| Fondo de Comercio | 0 | $4.3M | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | $1.7M | $14.4M | $7.3M | $1.0M | $625859 |
| Activos Totales | $597.1M | $596.2M | $64.3M | $115.0M | $79.8M | $76.6M |
| Cuentas por Pagar | 0 | $16.2M | $16.7M | $23.8M | $29.1M | $34.3M |
| Deuda a Corto | $300000 | $800000 | 0 | 0 | $442000 | $702287 |
| Pasivos Corrientes | $1.3M | $3.9M | $39.0M | $35.7M | $31.0M | $36.8M |
| Deuda a Largo | 0 | 0 | $8.7M | 0 | 0 | 0 |
| Pasivos Totales | $135.3M | $45.3M | $48.4M | $36.0M | $31.5M | $37.2M |
| Reservas | -$133.2M | -$44.2M | -$165.8M | -$338.4M | -$376.2M | 0 |
| Patrimonio Neto | $461.8M | $550.8M | $15.8M | $79.1M | $48.2M | $39.4M |
| Deuda Total | $300000 | $800000 | $9.5M | $606061 | $736000 | $941964 |
| Deuda Neta | -$1.2M | $643873 | -$14.5M | -$68.0M | -$42.0M | -$30.4M |
| Capital Circulante | $682736 | -$3.2M | $9.6M | $71.2M | $46.1M | $37.5M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $27.9M | $12.3M | $28.2M | $28.2M |
| Activos Totales | $75.9M | $76.6M | $71.6M | $68.0M |
| Pasivos Totales | $37.5M | $37.2M | $36.8M | $33.5M |
| Patrimonio Neto | $38.4M | $39.4M | $34.8M | $34.5M |
| Deuda Total | $1.1M | $941964 | $756000 | $558000 |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$90.4M | -$31.0M | -$49.4M | -$172.6M | -$37.7M | -$5.2M |
| Amortizaciones | 0 | $3.9M | $4.8M | $7.2M | $4.0M | $1.0M |
| Compensación en Acciones | 0 | $9.4M | $15.3M | $67.0M | $3.2M | 0 |
| Cambio en Capital Circulante | $200644 | -$6.5M | $1.8M | -$3.7M | -$781426 | -$3.4M |
| Flujo de Caja Operativo | -$32555 | -$14.4M | -$14.6M | -$17.0M | -$24.9M | -$10.2M |
| Inversiones (CapEx) | -$5 | -$5.4M | -$5.0M | -$2.2M | -$1.7M | -$122640 |
| Adquisiciones | 0 | 0 | $9002 | 0 | 0 | $5109 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$32555 | -$19.8M | -$19.6M | -$19.3M | -$26.6M | -$10.4M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | 0 | 0 | 0 | 0 |
| Inversiones (CapEx) | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $71000 | 0 | $327000 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | | +10.1% | +18.4% | -1.4% | -7.7% |
| Crecimiento Beneficio Neto (anual) | | +65.8% | -59.8% | -249.1% | +78.1% | +86.3% |
| Crecimiento BPA (anual) | | +65.6% | -216.7% | -285.7% | +82.5% | +86.7% |
| Cambio en Acciones (anual) | | +0.0% | -49.9% | -9.5% | +24.4% | +2.2% |
| Crecimiento FCF (anual) | | -60822.2% | +1.2% | +1.7% | -38.2% | +61.0% |
| Margen Bruto | | 51.7% | -0.1% | 45.5% | 36.8% | 49.2% |
| Margen Operativo | | -47.2% | -60.1% | -37.2% | -50.5% | -14.7% |
| Margen EBITDA | | -41.0% | -54.5% | -181.4% | -42.3% | -5.5% |
| Margen Neto | | -50.0% | -72.6% | -214.0% | -47.5% | -7.1% |
| Margen FCF | | -32.0% | -28.8% | -23.9% | -33.5% | -14.1% |
| Tasa Impositiva Efectiva | -0.0% | 0.1% | 0.5% | -0.0% | -0.3% | -0.8% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.00 | $-0.27 | $-0.53 | $-0.57 | $-0.64 | $-0.24 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $74.4M | $74.4M | $37.2M | $33.7M | $41.9M | $42.8M |
Qué mirar en empresas de Communication Services
- 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 | -24.36% |
| Rentabilidad sobre capital invertido | -25.92% |
| Rentabilidad sobre activos | -13.24% |
| Margen bruto | 31.60% |
| Margen operativo | -12.25% |
| Margen neto | -12.53% |
Salud financiera
| Deuda / Patrimonio | 0.02 |
| Ratio corriente | 1.90 |
| Piotroski F-Score | 2 |
| Altman Z-Score | 1.95 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -5.43 | -15.79 | -4.98 | -0.34 | -1.24 | -10.50 |
| P/VC | 1.07 | 0.90 | 15.60 | 0.73 | 0.97 | 1.37 |
| P/V | 0.00 | 7.97 | 3.62 | 0.72 | 0.59 | 0.73 |
| Margen Bruto | 0.0% | 51.7% | -0.1% | 45.5% | 36.8% | 49.2% |
| Margen Operativo | 0.0% | -47.2% | -60.1% | -37.2% | -50.5% | -14.7% |
| Margen Neto | 0.0% | -50.0% | -72.6% | -214.0% | -47.5% | -7.1% |