Estados financieros detallados de MetaVia Inc. (MTVA): 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 0.0%, margen operativo 0.0%, margen neto 0.0%.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Coste de Ventas | 0 | 0 | 0 | 0 | $67000 | $72000 | $28000 | $7000 | $24000 | $19000 |
| Beneficio Bruto | 0 | 0 | 0 | 0 | -$67000 | -$72000 | -$28000 | -$7000 | -$24000 | -$19000 |
| I+D | $8.7M | $22.7M | $13.9M | $17.5M | $21.9M | $6.5M | $2.8M | $9.2M | $21.5M | $6.8M |
| Generales y Administrativos | $6.0M | $10.4M | $1.6M | $2.7M | $7.8M | $8.8M | $8.6M | $6.7M | $7.3M | $6.9M |
| Gastos Operativos | $14.7M | $33.1M | $15.5M | $20.2M | $29.7M | $15.3M | $19.6M | $15.9M | $28.8M | $13.7M |
| Beneficio Operativo | -$14.7M | -$33.1M | -$15.5M | -$20.2M | -$29.7M | -$15.3M | -$19.6M | -$15.9M | -$28.8M | -$13.7M |
| EBITDA | -$14.7M | -$33.1M | -$15.5M | -$20.2M | -$29.7M | -$15.2M | -$11.8M | -$12.5M | -$27.6M | -$13.0M |
| Gastos por Intereses | 0 | $286000 | $40000 | $22000 | 0 | 0 | $2.2M | 0 | 0 | 0 |
| Beneficio Antes de Impuestos | -$14.6M | -$33.4M | -$15.5M | -$21.3M | -$29.7M | -$15.3M | -$14.0M | -$12.5M | -$27.6M | -$13.0M |
| Impuestos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Beneficio Neto | -$14.6M | -$33.4M | -$15.5M | -$21.3M | -$29.7M | -$15.3M | -$14.0M | -$12.5M | -$27.6M | -$13.0M |
| BPA | $-106454.37 | $-213180.00 | $-112860.00 | $-10771.20 | $-4831.20 | $-1742.40 | $-477.84 | $-27.06 | $-39.16 | $-7.35 |
| BPA Diluido | $-106454.37 | $-213180.00 | $-112860.00 | $-10771.20 | $-4831.20 | $-1742.40 | $-477.84 | $-27.06 | $-39.16 | $-7.35 |
| Acciones en Circulación (Diluidas) | $140 | $157 | $209 | $1979 | $6143 | $8767 | $29246 | $461009 | $705193 | $1.8M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | 0 | 0 | 0 | 0 |
| Beneficio Bruto | 0 | -$5000 | -$5000 | 0 |
| Beneficio Operativo | -$3.5M | -$2.0M | -$4.0M | -$5.4M |
| EBITDA | -$3.4M | -$1.9M | -$3.8M | -$5.4M |
| Beneficio Neto | -$3.4M | -$1.9M | -$3.8M | -$5.3M |
| BPA | $-1.54 | $-0.84 | $-0.79 | $-0.90 |
| BPA Diluido | $-1.54 | $-0.84 | $-0.79 | $-0.90 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $24.0M | $18.5M | $2.8M | $13.9M | $10.1M | $16.4M | $33.4M | $22.4M | $16.0M | $10.3M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $24.7M | $19.0M | $3.8M | $14.1M | $10.7M | $16.6M | $33.5M | $22.5M | $16.1M | $10.9M |
| Inmovilizado Material | 0 | 0 | $12000 | $350000 | $285000 | $215000 | $2000 | $248000 | $167000 | $227000 |
| 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 | $24.8M | $19.0M | $3.8M | $14.5M | $11.0M | $16.8M | $33.5M | $22.8M | $16.3M | $69.1M |
| Cuentas por Pagar | $2.0M | $4.0M | $170000 | $638000 | $2.6M | $830000 | $708000 | $821000 | $3.9M | $1.1M |
| Deuda a Corto | 0 | $1.4M | $9.4M | 0 | 0 | $26000 | 0 | 0 | 0 | $68000 |
| Pasivos Corrientes | $4.1M | $6.4M | $219000 | $2.1M | $3.7M | $2.2M | $11.8M | $6.0M | $8.3M | $5.6M |
| Deuda a Largo | 0 | $8.7M | $118000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $4.1M | $15.1M | $17.1M | $2.2M | $3.8M | $2.2M | $11.8M | $6.1M | $8.3M | $63.8M |
| Reservas | -$27.1M | -$60.5M | -$15.6M | -$36.9M | -$66.5M | -$81.8M | -$95.8M | -$108.3M | -$135.9M | -$148.8M |
| Patrimonio Neto | $20.6M | $3.9M | -$13.3M | $12.3M | $7.2M | $14.6M | $21.8M | $16.7M | $7.9M | $5.3M |
| Deuda Total | 0 | $10.0M | $9.6M | $116000 | $94000 | $71000 | 0 | $203000 | $136000 | $210000 |
| Deuda Neta | -$24.0M | -$8.4M | $6.7M | -$13.8M | -$10.0M | -$16.3M | -$33.4M | -$22.2M | -$15.9M | -$10.1M |
| Capital Circulante | $20.6M | $12.6M | $3.6M | $12.0M | $7.0M | $14.4M | $21.7M | $16.6M | $7.8M | $5.2M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $14.3M | $10.3M | $13.7M | $12.6M |
| Activos Totales | $14.8M | $69.1M | $14.4M | $13.3M |
| Pasivos Totales | $8.4M | $63.8M | $5.3M | $6.4M |
| Patrimonio Neto | $6.3M | $5.3M | $9.1M | $6.8M |
| Deuda Total | $79000 | $210000 | $194000 | $177000 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$14.6M | -$33.4M | -$15.5M | -$21.3M | -$29.7M | -$15.3M | -$14.0M | -$12.5M | -$27.6M | -$13.0M |
| Amortizaciones | 0 | 0 | 0 | $17000 | $46000 | $48000 | $20000 | $6000 | $20000 | $19000 |
| Compensación en Acciones | $1.7M | $5.3M | 0 | $118000 | $699000 | $662000 | $854000 | $222000 | $538000 | $411000 |
| Cambio en Capital Circulante | $1.9M | $1.1M | -$778000 | $744000 | $809000 | -$584000 | -$1.2M | $4.4M | $2.6M | -$2.9M |
| Flujo de Caja Operativo | -$11.0M | -$26.9M | -$14.5M | -$7.0M | -$10.8M | -$15.1M | -$11.7M | -$10.8M | -$24.7M | -$15.7M |
| Inversiones (CapEx) | 0 | 0 | -$3000 | -$214000 | -$4000 | -$3000 | 0 | -$50000 | -$8000 | -$2000 |
| Adquisiciones | 0 | 0 | 0 | $1.5M | $180000 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$11.0M | -$26.9M | -$14.5M | -$7.3M | -$10.8M | -$15.1M | -$11.7M | -$10.8M | -$24.7M | -$15.7M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$3.0M | -$4.9M | -$4.3M | -$3.8M |
| Inversiones (CapEx) | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$3.0M | -$4.9M | -$4.3M | -$3.8M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $97000 | $71000 | $100000 | $130000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Beneficio Neto (anual) | | -129.1% | +53.5% | -37.2% | -39.3% | +48.5% | +8.6% | +10.7% | -121.3% | +53.0% |
| Crecimiento BPA (anual) | | -100.3% | +47.1% | +90.5% | +55.1% | +63.9% | +72.6% | +94.3% | -44.7% | +81.2% |
| Cambio en Acciones (anual) | | +12.1% | +33.1% | +846.9% | +210.4% | +42.7% | +233.6% | +1476.3% | +53.0% | +150.4% |
| Crecimiento FCF (anual) | | -143.6% | +46.3% | +49.8% | -48.5% | -40.6% | +22.6% | +7.4% | -127.8% | +36.5% |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-78878.57 | $-171343.95 | $-69157.89 | $-3664.98 | $-1752.89 | $-1726.59 | $-400.47 | $-23.53 | $-35.05 | $-8.89 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $140 | $157 | $209 | $1979 | $6143 | $8767 | $29246 | $461009 | $705193 | $1.8M |
Qué mirar en Biotech
La mayoría de biotechs pequeñas pierden dinero. Analizarlas con P/E no tiene sentido — mira caja y pipeline.
- Cash Runway — Meses de caja al ritmo de gasto actual. <18 meses = riesgo de dilución urgente
- Cash burn anual — Ritmo al que queman caja operativa. Comparar con posición de caja para proyectar runway
- Total Debt — Biotech sin ingresos + deuda = receta para bancarrota
- I+D / Capitalización — Cuánto invierten en pipeline vs lo que vale la empresa — indicador de intensidad investigadora
- Market cap / Cash — Si cotiza cerca de su caja, el mercado le da ~0 valor al pipeline — puede ser oportunidad o trampa
Rentabilidad
| Margen bruto | 0.00% |
| Margen operativo | 0.00% |
| Margen neto | 0.00% |
Salud financiera
| Deuda / Patrimonio | 0.03 |
| Ratio corriente | 2.06 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.02 | -0.06 | -1.03 | -0.57 | -1.15 |
| P/VC | 0.00 | 0.00 | -0.00 | 0.00 | 0.02 | 0.02 | 0.04 | 0.77 | 1.99 | 2.79 |
| P/V | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Margen Bruto | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Margen Operativo | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Margen Neto | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |