Estados financieros detallados de Monroe Capital Corporation (MRCC): 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
Monroe Capital Corporation registró ingresos de $21.2M en el último ejercicio fiscal, con un CAGR de 5 años del -1.0%. El beneficio neto alcanzó $11.4M, con un CAGR a 5 años del 47.3%.
Márgenes de los últimos 12 meses: margen bruto 60.8%, margen operativo 51.7%, margen neto 53.8%. El flujo de caja libre creció a un CAGR del 37.3% en 5 años.
Al precio actual de $5.08, MRCC cotiza a un P/E de 12.02 y un ROE del 6.85%. La capitalización bursátil es de $110M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $34.8M | $23.8M | $9.8M | $42.0M | $22.3M | $54.0M | $19.4M | $27.0M | $35.2M | $21.2M |
| Coste de Ventas | $5.9M | $7.2M | $10.8M | $18.4M | $15.8M | $13.9M | $15.0M | $21.5M | $20.6M | $8.3M |
| Beneficio Bruto | $28.9M | $16.5M | -$970000 | $23.6M | $6.5M | $40.2M | $4.5M | $5.5M | $14.6M | $12.9M |
| I+D | 0 | 0 | $0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $3.2M | $3.6M | $3.6M | $3.7M | $3.5M | $3.6M | $3.3M | $3.0M | $3.1M | $3.3M |
| Gastos Operativos | $6.4M | -$9.5M | $4.0M | $4.4M | $4.5M | $7.4M | $5.9M | $4.3M | $4.4M | $1.9M |
| Beneficio Operativo | $22.5M | $26.0M | $31.9M | $19.2M | $2.0M | $32.7M | -$1.4M | $1.2M | $10.2M | $11.0M |
| EBITDA | $22.5M | $26.0M | 0 | $19.2M | $2.0M | $32.7M | -$1.4M | $1.2M | $10.2M | $11.8M |
| Gastos por Intereses | $5.9M | $7.2M | $10.9M | 0 | $15.8M | $13.9M | $15.0M | $21.5M | $21.9M | $15.9M |
| Beneficio Antes de Impuestos | $24.4M | $12.3M | $5.8M | $19.2M | $2.0M | $32.7M | -$1.4M | $1.2M | $10.2M | -$4.9M |
| Impuestos | 0 | $100000 | -$15.4M | $17000 | $370000 | $282000 | $1.4M | $806000 | $452000 | $223000 |
| Beneficio Neto | $24.4M | $12.2M | $5.8M | $19.2M | $1.6M | $32.5M | -$2.8M | $371000 | $9.7M | $11.4M |
| BPA | $1.68 | $0.65 | $0.29 | $0.94 | $0.08 | $1.51 | $-0.13 | $0.02 | $0.45 | $0.53 |
| BPA Diluido | $1.68 | $0.65 | $0.29 | $0.94 | $0.08 | $1.51 | $-0.13 | $0.02 | $0.45 | $0.53 |
| Acciones en Circulación (Diluidas) | $14.5M | $18.6M | $20.3M | $20.4M | $20.9M | $21.5M | $21.7M | $21.7M | $21.7M | $21.7M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 |
|---|
| Ingresos | $6.2M | $3.0M | $3.6M | -$5.8M |
| Beneficio Bruto | $1.9M | -$568000 | $102000 | $11.5M |
| Beneficio Operativo | $652000 | -$1.9M | -$1.1M | $772000 |
| EBITDA | $652000 | -$1.9M | -$1.1M | $13.8M |
| Beneficio Neto | $532000 | -$1.9M | -$1.1M | -$2.6M |
| BPA | $0.19 | $-0.09 | $-0.05 | $-0.12 |
| BPA Diluido | $0.19 | $-0.09 | $-0.05 | $-0.12 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $6.0M | $4.3M | $3.7M | $2.2M | $6.8M | $2.6M | $5.5M | $5.0M | $9.0M | $1.9M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $89.5M |
| Cuentas por Cobrar | $2.6M | $5.3M | $7.8M | $8.7M | $4.6M | $9.5M | $16.5M | $19.3M | $23.5M | $23.8M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | 0 | 0 | $11.5M | $10.9M | $11.4M | $12.1M | $21.9M | $24.3M | $32.6M | $25.7M |
| Inmovilizado Material | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $424.5M | $507.4M | $579.8M | $655.1M | $585.1M | $590.5M | $565.0M | $513.2M | $490.7M | $373.0M |
| Cuentas por Pagar | $2.9M | $3.6M | $5.0M | $5.3M | $5.1M | $5.9M | $6.3M | $5.2M | $5.0M | $4.0M |
| Deuda a Corto | $177.9M | $221.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $183.7M | $228.7M | $7.5M | $5.3M | $5.1M | $5.9M | $6.3M | $5.2M | $5.0M | $15.7M |
| Deuda a Largo | 0 | 0 | $313.8M | $396.2M | $343.5M | $332.2M | $330.1M | $300.9M | $292.0M | $190.8M |
| Pasivos Totales | $183.7M | $228.7M | $321.1M | $405.7M | $350.7M | $341.0M | $340.0M | $309.5M | $298.9M | $206.5M |
| Reservas | $7.0M | -$7.5M | -$30.2M | -$39.5M | -$60.5M | -$49.2M | -$73.7M | -$94.4M | -$106.0M | -$131.1M |
| Patrimonio Neto | $240.8M | $278.7M | $258.8M | $249.4M | $234.4M | $249.5M | $225.0M | $203.7M | $191.8M | $166.5M |
| Deuda Total | $177.9M | $221.9M | $313.8M | $396.2M | $343.5M | $332.2M | $330.1M | $300.9M | $292.0M | $190.8M |
| Deuda Neta | $171.9M | $217.6M | $310.0M | $394.0M | $336.7M | $329.5M | $324.7M | $295.9M | $282.9M | $188.8M |
| Capital Circulante | -$183.7M | -$228.7M | $4.0M | $5.6M | $6.3M | $6.2M | $15.6M | $19.1M | $27.6M | $10.0M |
Balance (Trimestral)
| Año | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 |
|---|
| Caja y Equivalentes | $6.5M | $2.4M | $3.5M | $1.9M |
| Activos Totales | $461.5M | $394.6M | $389.0M | $373.0M |
| Pasivos Totales | $274.6M | $215.0M | $215.9M | $206.5M |
| Patrimonio Neto | $186.9M | $179.6M | $173.0M | $166.5M |
| Deuda Total | $269.1M | $208.6M | $211.2M | $190.8M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $24.4M | $12.2M | $5.8M | $19.2M | $1.6M | $32.5M | -$2.8M | $371000 | $9.7M | $11.4M |
| Amortizaciones | -$2.9M | -$818000 | -$853000 | 0 | 0 | 0 | 0 | 0 | 0 | $834000 |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cambio en Capital Circulante | -$5.3M | -$1.8M | -$1.9M | $1.4M | $1.2M | -$2.5M | -$6.1M | -$4.1M | -$6.8M | -$2.8M |
| Flujo de Caja Operativo | -$51.9M | -$69.6M | -$55.1M | $25.3M | $23.7M | $12.5M | $10.5M | $10.0M | $8.6M | $115.9M |
| Inversiones (CapEx) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | -$20.6M | -$26.5M | -$28.2M | -$28.6M | -$23.1M | -$21.5M | -$21.7M | -$21.7M | -$21.7M | -$20.1M |
| Flujo de Caja Libre | -$51.9M | -$69.6M | -$55.1M | $25.3M | $23.7M | $12.5M | $10.5M | $10.0M | $8.6M | $115.9M |
Flujo de Caja (Trimestral)
| Año | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 |
|---|
| Flujo de Caja Operativo | $500000 | $2.7M | -$1.9M | $23.2M |
| Inversiones (CapEx) | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $500000 | $2.7M | -$1.9M | $23.2M |
| Dividendos Pagados | -$5.4M | -$5.4M | -$5.4M | -$3.9M |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -31.7% | -58.8% | +328.3% | -46.8% | +142.1% | -64.0% | +38.9% | +30.3% | -39.7% |
| Crecimiento Beneficio Neto (anual) | | -50.1% | -51.9% | +228.6% | -91.4% | +1872.0% | -108.6% | +113.3% | +2515.6% | +17.5% |
| Crecimiento BPA (anual) | | -61.3% | -55.4% | +224.1% | -91.6% | +1818.7% | -108.6% | +113.2% | +2531.6% | +17.8% |
| Cambio en Acciones (anual) | | +28.0% | +9.2% | +0.5% | +2.3% | +2.5% | +1.0% | +0.0% | +0.0% | +0.0% |
| Crecimiento FCF (anual) | | -34.1% | +20.8% | +145.8% | -6.1% | -47.4% | -16.0% | -5.0% | -14.1% | +1254.4% |
| Margen Bruto | 83.1% | 69.6% | -9.9% | 56.2% | 29.2% | 74.3% | 23.1% | 20.2% | 41.5% | 60.8% |
| Margen Operativo | 64.7% | 109.3% | 325.4% | 45.8% | 9.0% | 60.6% | -7.1% | 4.4% | 28.9% | 51.7% |
| Margen EBITDA | 64.7% | 109.3% | 0.0% | 45.8% | 9.0% | 60.6% | -7.1% | 4.4% | 28.9% | 55.6% |
| Margen Neto | 70.0% | 51.1% | 59.7% | 45.8% | 7.4% | 60.1% | -14.3% | 1.4% | 27.6% | 53.8% |
| Margen FCF | -149.0% | -292.5% | -562.2% | 60.2% | 106.3% | 23.1% | 53.9% | 36.9% | 24.3% | 546.4% |
| Tasa Impositiva Efectiva | 0.0% | 0.8% | -262.5% | 0.1% | 18.4% | 0.9% | -101.7% | 68.5% | 4.5% | -4.6% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-3.57 | $-3.74 | $-2.71 | $1.24 | $1.13 | $0.58 | $0.48 | $0.46 | $0.39 | $5.35 |
| Dividendo por Acción | $1.41 | $1.42 | $1.39 | $1.40 | $1.10 | $1.00 | $1.00 | $1.00 | $1.00 | $0.93 |
| Acciones en Circulación (Básicas) | $14.5M | $18.6M | $20.3M | $20.4M | $20.9M | $21.5M | $21.7M | $21.7M | $21.7M | $21.7M |
Qué mirar en Servicios Financieros
Asset managers, brokers, fintech, bolsas. No son bancos — mira AUM, comisiones y calidad del FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — Los buenos asset managers tienen márgenes >30% por escalabilidad
- ROE — Servicios financieros de calidad tienen ROE >15% consistente
- FCF / Net Income — Calidad del beneficio — >90% esperado en negocios ligeros en capital
- Debt / Equity — Fintech y brokers con D/E alto son bombas de relojería en crisis
- P/E vs 5y propio — Asset managers tienen múltiplos estables en rangos conocidos
- Dividend yield + buybacks — Estos negocios devuelven mucho capital — mirar yield total (div + recompras)
Rentabilidad
| Rentabilidad sobre capital | 6.85% |
| Rentabilidad sobre capital invertido | 3.07% |
| Rentabilidad sobre activos | 3.06% |
| Margen bruto | 60.84% |
| Margen operativo | 51.72% |
| Margen neto | 53.78% |
Salud financiera
| Deuda / Patrimonio | 1.15 |
| Ratio corriente | 1.64 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 9.15 | 21.15 | 33.10 | 11.55 | 102.03 | 7.43 | -65.69 | 413.45 | 18.89 | 12.02 |
| P/VC | 0.93 | 0.92 | 0.75 | 0.89 | 0.72 | 0.96 | 0.82 | 0.75 | 0.96 | 0.83 |
| P/V | 6.43 | 10.77 | 19.92 | 5.29 | 7.53 | 4.46 | 9.52 | 5.67 | 5.23 | 6.51 |
| Margen Bruto | 83.1% | 69.6% | -9.9% | 56.2% | 29.2% | 74.3% | 23.1% | 20.2% | 41.5% | 60.8% |
| Margen Operativo | 64.7% | 109.3% | 325.4% | 45.8% | 9.0% | 60.6% | -7.1% | 4.4% | 28.9% | 51.7% |
| Margen Neto | 70.0% | 51.1% | 59.7% | 45.8% | 7.4% | 60.1% | -14.3% | 1.4% | 27.6% | 53.8% |