Estados financieros detallados de NanoVibronix, Inc. (NAOV): 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
NanoVibronix, Inc. registró ingresos de $2.6M en el último ejercicio fiscal, con un CAGR de 5 años del 32.6%.
Márgenes de los últimos 12 meses: margen bruto -26.1%, margen operativo -13.6%, margen neto -12.6%.
Al precio actual de $1.90, NAOV presenta beneficios negativos (P/E no significativo) y un ROE del -54.29%. La capitalización bursátil es de $2M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $229000 | $239000 | $318000 | $530000 | $623000 | $1.7M | $752000 | $2.3M | $2.6M | $2.6M |
| Coste de Ventas | $88000 | $88000 | $158000 | $249000 | $409000 | $925000 | $585000 | $746000 | $1.1M | $2.4M |
| Beneficio Bruto | $141000 | $151000 | $160000 | $281000 | $214000 | $770000 | $167000 | $1.5M | $1.5M | $153000 |
| I+D | $584000 | $693000 | $614000 | $514000 | $171000 | $293000 | $283000 | $185000 | $909000 | $1.8M |
| Generales y Administrativos | $1.9M | $2.5M | $3.8M | $4.9M | $4.8M | $6.2M | $4.9M | $4.8M | $4.2M | $10.1M |
| Gastos Operativos | $2.5M | $3.2M | $4.5M | $5.4M | $4.9M | $6.5M | $5.2M | $5.0M | $5.1M | $20.6M |
| Beneficio Operativo | -$2.3M | -$3.1M | -$4.3M | -$5.2M | -$4.7M | -$5.7M | -$5.0M | -$3.4M | -$3.6M | -$22.9M |
| EBITDA | -$2.7M | -$3.6M | -$4.3M | -$5.7M | -$4.2M | -$14.2M | -$5.4M | -$3.5M | -$3.7M | $897000 |
| Gastos por Intereses | $15000 | $1.2M | $22000 | $62000 | $147000 | $48000 | $347000 | $246000 | $135000 | 0 |
| Beneficio Antes de Impuestos | -$2.7M | -$4.9M | -$4.3M | -$5.8M | -$4.3M | -$14.2M | -$5.4M | -$3.7M | -$3.7M | -$18.5M |
| Impuestos | $117000 | $38000 | -$127000 | -$17000 | $15000 | $32000 | $35000 | $29000 | $19000 | -$307000 |
| Beneficio Neto | -$2.8M | -$5.0M | -$4.2M | -$5.8M | -$4.3M | -$14.3M | -$5.4M | -$3.7M | -$3.7M | -$18.2M |
| BPA | $-123.70 | $-200.00 | $-128.80 | $-167.00 | $-84.00 | $-113.50 | $-38.40 | $-21.20 | $-13.73 | $-28.93 |
| BPA Diluido | $-123.70 | $-200.00 | $-128.80 | $-167.00 | $-84.00 | $-113.50 | $-38.40 | $-21.20 | $-13.73 | $-28.93 |
| Acciones en Circulación (Diluidas) | $22892 | $24820 | $32242 | $34696 | $51490 | $125814 | $141967 | $175010 | $269848 | $628534 |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $722000 | $312000 | $653000 | $239000 |
| Beneficio Bruto | $189000 | -$370000 | -$55000 | -$266000 |
| Beneficio Operativo | -$2.2M | -$14.8M | -$3.7M | -$5.5M |
| EBITDA | $855000 | $5.9M | $217000 | -$5.5M |
| Beneficio Neto | $510000 | -$16.0M | -$3.8M | -$4.9M |
| BPA | $-1.12 | $-22.80 | $-1.16 | $-1.98 |
| BPA Diluido | $-1.12 | $-22.80 | $-1.16 | $-1.98 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $106000 | $4.4M | $896000 | $1.3M | $7.1M | $7.7M | $2.7M | $3.3M | $752000 | $4.2M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $14000 | $35000 | $144000 | $130000 | $93000 | $200000 | $109000 | $425000 | $268000 | $391000 |
| Inventario | $67000 | $76000 | $144000 | $121000 | $145000 | $175000 | $2.2M | $2.7M | $2.2M | $2.3M |
| Activos Corrientes | $221000 | $4.5M | $1.2M | $1.8M | $8.0M | $8.3M | $5.6M | $6.5M | $3.3M | $7.3M |
| Inmovilizado Material | $11000 | $6000 | $8000 | $4000 | $35000 | $54000 | $88000 | $12000 | $125000 | $246000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $29.1M |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $4.4M |
| Activos Totales | $494000 | $4.9M | $1.6M | $2.0M | $8.2M | $8.6M | $5.9M | $6.7M | $3.6M | $41.1M |
| Cuentas por Pagar | $82000 | $168000 | $193000 | $129000 | $144000 | $87000 | $66000 | $138000 | $47000 | 0 |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $89000 |
| Pasivos Corrientes | $565000 | $797000 | $640000 | $409000 | $2.9M | $1.9M | $2.3M | $2.5M | $2.7M | $6.7M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $28000 |
| Pasivos Totales | $3.0M | $1.2M | $1.1M | $688000 | $5.8M | $2.3M | $2.6M | $2.7M | $3.0M | $7.6M |
| Reservas | -$22.6M | -$28.4M | -$32.5M | -$38.3M | -$42.7M | -$56.9M | -$62.4M | -$66.1M | -$69.8M | -$90.5M |
| Patrimonio Neto | -$2.5M | $3.6M | $463000 | $1.3M | $2.4M | $6.3M | $3.2M | $4.0M | $627000 | $33.5M |
| Deuda Total | 0 | 0 | 0 | 0 | $31000 | $49000 | $81000 | $5000 | $116000 | $117000 |
| Deuda Neta | -$106000 | -$4.4M | -$896000 | -$1.3M | -$7.1M | -$7.7M | -$2.6M | -$3.3M | -$636000 | -$4.1M |
| Capital Circulante | -$344000 | $3.7M | $586000 | $1.4M | $5.1M | $6.4M | $3.3M | $4.0M | $609000 | $611000 |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $7.0M | $4.2M | $2.2M | $1.1M |
| Activos Totales | $54.4M | $41.1M | $39.9M | $38.4M |
| Pasivos Totales | $11.9M | $7.6M | $7.9M | $7.6M |
| Patrimonio Neto | $42.5M | $33.5M | $32.0M | $30.8M |
| Deuda Total | $3.2M | $117000 | $130000 | $230000 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$2.8M | -$5.0M | -$4.2M | -$5.8M | -$4.3M | -$14.3M | -$5.4M | -$3.7M | -$3.7M | -$18.2M |
| Amortizaciones | $7000 | $5000 | $6000 | $4000 | $2000 | $2000 | $1000 | $1000 | $1000 | $897000 |
| Compensación en Acciones | $508000 | $800000 | $889000 | $1.8M | $376000 | $382000 | $354000 | $293000 | $356000 | 0 |
| Cambio en Capital Circulante | $400000 | $232000 | -$291000 | -$447000 | $445000 | -$494000 | -$2.3M | -$322000 | $731000 | 0 |
| Flujo de Caja Operativo | -$1.5M | -$2.2M | -$3.5M | -$3.9M | -$3.4M | -$4.4M | -$7.0M | -$3.6M | -$2.5M | -$9.4M |
| Inversiones (CapEx) | -$8000 | 0 | -$8000 | 0 | -$2000 | -$3000 | -$3000 | -$1000 | -$3000 | -$60000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | $383000 | 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 | -$1.5M | -$2.2M | -$3.6M | -$3.9M | -$3.4M | -$4.4M | -$7.0M | -$3.6M | -$2.5M | -$9.4M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$2.0M | -$2.7M | -$4.3M | -$2.7M |
| Inversiones (CapEx) | -$28000 | -$23000 | -$17000 | -$27000 |
| Flujo de Caja Libre | -$2.0M | -$2.7M | -$4.3M | -$2.7M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | 0 | 0 | $2.0M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +4.4% | +33.1% | +66.7% | +17.5% | +172.1% | -55.6% | +203.6% | +12.0% | -0.2% |
| Crecimiento Beneficio Neto (anual) | | -75.4% | +16.3% | -39.5% | +25.3% | -230.1% | +61.9% | +31.9% | +0.2% | -390.8% |
| Crecimiento BPA (anual) | | -61.7% | +35.6% | -29.7% | +49.7% | -35.1% | +66.2% | +44.8% | +35.2% | -110.7% |
| Cambio en Acciones (anual) | | +8.4% | +29.9% | +7.6% | +48.4% | +144.3% | +12.8% | +23.3% | +54.2% | +132.9% |
| Crecimiento FCF (anual) | | -41.6% | -63.1% | -8.9% | +12.4% | -28.8% | -61.1% | +48.8% | +30.1% | -274.4% |
| Margen Bruto | 61.6% | 63.2% | 50.3% | 53.0% | 34.3% | 45.4% | 22.2% | 67.3% | 59.0% | 6.0% |
| Margen Operativo | -1011.4% | -1293.3% | -1353.1% | -971.9% | -757.5% | -335.3% | -666.5% | -150.5% | -140.0% | -896.6% |
| Margen EBITDA | -1175.5% | -1520.9% | -1344.3% | -1084.0% | -668.1% | -840.6% | -719.7% | -155.3% | -144.1% | 35.1% |
| Margen Neto | -1236.2% | -2077.4% | -1306.3% | -1093.2% | -694.4% | -842.6% | -724.5% | -162.5% | -144.8% | -712.3% |
| Margen FCF | -672.9% | -913.0% | -1118.9% | -730.9% | -544.6% | -257.8% | -935.9% | -157.8% | -98.5% | -369.4% |
| Tasa Impositiva Efectiva | -4.3% | -0.8% | 3.0% | 0.3% | -0.3% | -0.2% | -0.6% | -0.8% | -0.5% | 1.7% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-67.32 | $-87.91 | $-110.35 | $-111.66 | $-65.90 | $-34.73 | $-49.57 | $-20.59 | $-9.33 | $-15.01 |
| 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) | $22892 | $24820 | $32242 | $34696 | $51490 | $125814 | $141967 | $175010 | $269848 | $628534 |
Qué mirar en Salud / Farma
El pipeline de I+D es el activo invisible. Patentes que caducan = ingresos que evaporan. Mira innovación y flujo de caja.
- I+D / Ingresos — Indica inversión en pipeline futuro. Farma seria reinvierte 15-20%
- Crecimiento EPS 5y — Tras caducidad de patentes, ¿siguen creciendo?
- Margen bruto — Farma de marca >70%. Genéricos mucho más bajo — define el tipo de negocio
- FCF / Net Income — Calidad del beneficio — farma grande debería convertir >90%
- ROIC — Capital reinvertido con eficiencia — clave en farma por ciclos de I+D largos
- Deuda neta / EBITDA — Adquisiciones de farma generan mucha deuda — ojo al post-M&A
- P/E vs historial 10y propio — La mejor comparación es con su propia historia, no con competidores
Rentabilidad
| Rentabilidad sobre capital | -54.29% |
| Rentabilidad sobre capital invertido | -65.14% |
| Rentabilidad sobre activos | -44.22% |
| Margen bruto | -26.06% |
| Margen operativo | -1362.72% |
| Margen neto | -1259.55% |
Salud financiera
| Deuda / Patrimonio | 0.01 |
| Ratio corriente | 0.66 |
| Piotroski F-Score | 2 |
| Altman Z-Score | -4.72 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -106.00 | -51.48 | -61.85 | -37.54 | -20.01 | -20.16 | -14.44 | -5.97 | -4.73 | -0.14 |
| P/VC | -120.11 | 70.32 | 554.77 | 161.38 | 36.15 | 45.60 | 24.34 | 5.55 | 27.93 | 0.08 |
| P/V | 1310.76 | 1069.25 | 807.73 | 410.46 | 138.93 | 169.83 | 104.66 | 9.70 | 6.85 | 0.99 |
| Margen Bruto | 61.6% | 63.2% | 50.3% | 53.0% | 34.3% | 45.4% | 22.2% | 67.3% | 59.0% | 6.0% |
| Margen Operativo | -1011.4% | -1293.3% | -1353.1% | -971.9% | -757.5% | -335.3% | -666.5% | -150.5% | -140.0% | -896.6% |
| Margen Neto | -1236.2% | -2077.4% | -1306.3% | -1093.2% | -694.4% | -842.6% | -724.5% | -162.5% | -144.8% | -712.3% |