Estados financieros detallados de Corvex, Inc. (MOVE): 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 -424.9%, margen operativo -35.8%, margen neto -42.2%.
Al precio actual de $10.92, MOVE presenta beneficios negativos (P/E no significativo) y un ROE del 5.26%. La capitalización bursátil es de $8M.
Cuenta de Resultados (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | 0 | 0 | 0 | 0 | 0 | 0 | $1.0M | $433000 |
| Coste de Ventas | $3000 | $11000 | 0 | 0 | $134000 | $158000 | $3.0M | $2.3M |
| Beneficio Bruto | -$3000 | -$11000 | 0 | 0 | -$134000 | -$158000 | -$2.0M | -$1.8M |
| I+D | $2.9M | $6.5M | $8.4M | $13.4M | $19.0M | $16.7M | $11.2M | $5.7M |
| Generales y Administrativos | $604000 | $2.0M | $2.7M | $6.5M | $11.5M | $12.8M | $11.0M | $7.9M |
| Gastos Operativos | $3.5M | $8.5M | $11.1M | $19.8M | $30.3M | $29.5M | $22.2M | $13.7M |
| Beneficio Operativo | -$3.5M | -$8.5M | -$11.1M | -$19.8M | -$30.5M | -$29.7M | -$24.2M | -$15.5M |
| EBITDA | -$3.5M | -$8.4M | -$12.0M | -$20.8M | -$30.2M | -$29.1M | -$23.6M | -$15.2M |
| Gastos por Intereses | 0 | 0 | $1.0M | $883000 | $133000 | 0 | 0 | $3.0M |
| Beneficio Antes de Impuestos | -$3.5M | -$8.4M | -$13.0M | -$21.8M | -$30.3M | -$29.3M | -$23.7M | -$18.3M |
| Impuestos | 0 | 0 | 0 | $809000 | -$133000 | 0 | 0 | 0 |
| Beneficio Neto | -$3.5M | -$8.4M | -$14.0M | -$22.6M | -$30.2M | -$29.3M | -$23.7M | -$18.3M |
| BPA | $-0.11 | $-0.26 | $-0.44 | $-0.69 | $-0.91 | $-0.63 | $-0.39 | $-0.27 |
| BPA Diluido | $-0.11 | $-0.26 | $-0.44 | $-0.69 | $-0.91 | $-0.63 | $-0.39 | $-0.27 |
| Acciones en Circulación (Diluidas) | $32.1M | $32.1M | $32.1M | $32.8M | $33.0M | $46.2M | $60.2M | $84.1M |
Balance (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $3.2M | $4.3M | $5.7M | $17.7M | $10.8M | $6.1M | $7.9M | $2.8M |
| Inversiones a Corto | 0 | 0 | 0 | $15.9M | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | 0 | 0 | $500000 | $166000 | 0 | $450000 | $52000 | $107000 |
| Inventario | 0 | 0 | 0 | -$166000 | 0 | $1.1M | $2.0M | $1.8M |
| Activos Corrientes | $3.2M | $4.5M | $6.9M | $35.1M | $11.6M | $8.5M | $10.4M | $5.0M |
| Inmovilizado Material | $49000 | $51000 | $38000 | $529000 | $443000 | $589000 | $213000 | $516000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $3.4M | $4.9M | $7.1M | $36.3M | $13.2M | $9.4M | $11.3M | $5.6M |
| Cuentas por Pagar | $7000 | $15000 | $246000 | $311000 | $557000 | $3.1M | $2.0M | $3.5M |
| Deuda a Corto | 0 | 0 | $248000 | 0 | 0 | 0 | 0 | $4.4M |
| Pasivos Corrientes | $370000 | $858000 | $1.2M | $3.2M | $5.0M | $5.9M | $3.4M | $8.8M |
| Deuda a Largo | 0 | 0 | $11.4M | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $391000 | $890000 | $15.1M | $3.5M | $5.3M | $6.0M | $4.0M | $9.1M |
| Reservas | -$5.6M | -$19.9M | -$40.9M | -$64.8M | -$95.1M | -$124.4M | -$148.1M | -$166.4M |
| Patrimonio Neto | $3.0M | $4.0M | -$8.1M | $32.7M | $7.9M | $3.4M | $7.4M | -$3.5M |
| Deuda Total | 0 | 0 | $11.7M | 0 | $426000 | $217000 | $186000 | $4.9M |
| Deuda Neta | -$3.2M | -$4.3M | $6.0M | -$33.6M | -$10.3M | -$5.9M | -$7.7M | $2.1M |
| Capital Circulante | $2.8M | $3.7M | $5.7M | $31.8M | $6.7M | $2.6M | $6.9M | -$3.8M |
Flujo de Caja (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$3.5M | -$8.4M | -$13.0M | -$21.8M | -$30.3M | -$29.3M | -$23.7M | -$18.3M |
| Amortizaciones | $3000 | $11000 | $13000 | $74000 | $147000 | $158000 | $166000 | $149000 |
| Compensación en Acciones | $25091 | $90000 | $713000 | $1.9M | $3.1M | $3.0M | $3.2M | $2.9M |
| Cambio en Capital Circulante | $189000 | $124000 | -$725000 | $1.3M | $2.0M | -$269000 | -$2.5M | $207000 |
| Flujo de Caja Operativo | -$3.3M | -$8.2M | -$10.7M | -$16.2M | -$24.9M | -$26.2M | -$22.5M | -$11.3M |
| Inversiones (CapEx) | -$52000 | -$13000 | 0 | -$565000 | -$105000 | -$64000 | -$8000 | 0 |
| Adquisiciones | 0 | 0 | 0 | $16134 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$3.3M | -$8.2M | -$10.7M | -$16.7M | -$25.0M | -$26.2M | -$22.5M | -$11.3M |
Crecimiento y Márgenes (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | | | | | | | -57.3% |
| Crecimiento Beneficio Neto (anual) | | -142.0% | -66.3% | -60.9% | -33.7% | +3.0% | +19.0% | +22.9% |
| Crecimiento BPA (anual) | | -136.4% | -69.2% | -56.8% | -31.9% | +30.8% | +38.1% | +30.8% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +2.0% | +0.8% | +39.9% | +30.4% | +39.6% |
| Crecimiento FCF (anual) | | -147.6% | -29.4% | -57.0% | -49.3% | -4.9% | +14.1% | +50.0% |
| Margen Bruto | | | | | | | -196.8% | -424.9% |
| Margen Operativo | | | | | | | -2391.1% | -3580.4% |
| Margen EBITDA | | | | | | | -2325.9% | -3503.7% |
| Margen Neto | | | | | | | -2342.3% | -4222.9% |
| Margen FCF | | | | | | | -2225.2% | -2602.3% |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | -0.0% | -3.7% | 0.4% | -0.0% | -0.0% | -0.0% |
Datos por Acción (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.10 | $-0.26 | $-0.33 | $-0.51 | $-0.76 | $-0.57 | $-0.37 | $-0.13 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $32.1M | $32.1M | $32.1M | $32.8M | $33.0M | $46.2M | $60.2M | $84.1M |
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 | 526.34% |
| Rentabilidad sobre capital invertido | -1085.64% |
| Rentabilidad sobre activos | -326.52% |
| Margen bruto | -424.94% |
| Margen operativo | -3580.37% |
| Margen neto | -4222.86% |
Salud financiera
| Deuda / Patrimonio | -1.41 |
| Ratio corriente | 0.57 |
Ratios Clave (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -9000.00 | -3807.69 | -2250.00 | -826.09 | -214.29 | -186.03 | -138.46 | -30.78 |
| P/VC | 10551.81 | 7956.76 | -3944.82 | 570.73 | 813.65 | 1569.76 | 442.23 | -201.10 |
| P/V | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3210.86 | 1613.48 |
| Margen Bruto | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -196.8% | -424.9% |
| Margen Operativo | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -2391.1% | -3580.4% |
| Margen Neto | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -2342.3% | -4222.9% |