Estados financieros detallados de Nuwellis, Inc. (NUWE): 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
Nuwellis, Inc. registró ingresos de $8.3M en el último ejercicio fiscal, con un CAGR de 5 años del 2.1%.
Márgenes de los últimos 12 meses: margen bruto 69.7%, margen operativo -140.6%, margen neto -123.4%.
Al precio actual de $0.81, NUWE presenta beneficios negativos (P/E no significativo) y un ROE del -6.06%. La capitalización bursátil es de $0M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $1.3M | $3.6M | $5.0M | $5.5M | $7.4M | $7.9M | $8.5M | $8.9M | $8.7M | $8.3M |
| Coste de Ventas | $713000 | $2.8M | $3.7M | $2.7M | $3.4M | $3.4M | $3.8M | $3.9M | $2.9M | $3.1M |
| Beneficio Bruto | $576000 | $790000 | $1.3M | $2.9M | $4.1M | $4.5M | $4.8M | $5.0M | $5.8M | $5.1M |
| I+D | $8.1M | $1.5M | $3.1M | $4.7M | $3.7M | $5.0M | $4.3M | $5.4M | $3.2M | $2.7M |
| Generales y Administrativos | $8.1M | $10.2M | $15.3M | $16.3M | $17.4M | $19.0M | $17.6M | $17.2M | 0 | $13.5M |
| Gastos Operativos | $16.2M | $11.7M | $18.4M | $21.0M | $21.1M | $24.0M | $21.9M | $22.6M | $16.8M | $16.2M |
| Beneficio Operativo | -$15.7M | -$14.8M | -$17.0M | -$18.1M | -$17.0M | -$19.5M | -$17.2M | -$17.6M | -$11.0M | -$11.1M |
| EBITDA | -$14.6M | -$10.1M | -$16.8M | -$17.9M | -$16.7M | -$19.1M | -$4.9M | -$16.4M | -$10.5M | -$6.5M |
| Gastos por Intereses | $504000 | $2.5M | 0 | 0 | 0 | 0 | $9.2M | $3.5M | $5.6M | $10.6M |
| Beneficio Antes de Impuestos | -$15.8M | -$13.4M | -$17.0M | -$18.1M | -$15.8M | -$19.5M | -$14.5M | -$20.2M | -$11.2M | -$17.5M |
| Impuestos | -$54000 | $6000 | $6000 | $8000 | $9000 | $9000 | $9000 | $8000 | $5000 | $5000 |
| Beneficio Neto | -$15.8M | -$13.4M | -$17.0M | -$18.1M | -$15.8M | -$19.6M | -$14.5M | -$20.2M | -$11.2M | -$17.5M |
| BPA | $-184240000.00 | $-156123333.45 | $-149030000.00 | $-14408863.70 | $-709679.95 | $-350143.15 | $-102268.25 | $-12602.45 | $-280.00 | $-25.39 |
| BPA Diluido | $-184240000.00 | $-156123333.45 | $-149030000.00 | $-14408863.70 | $-709679.95 | $-350143.15 | $-102268.25 | $-12602.45 | $-280.00 | $-25.39 |
| Acciones en Circulación (Diluidas) | $0 | $0 | $0 | $1 | $22 | $56 | $142 | $1604 | $37921 | $197184 |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $2.2M | $2.4M | $2.4M | $2.0M |
| Beneficio Bruto | $1.4M | $1.7M | $1.7M | $1.5M |
| Beneficio Operativo | -$2.7M | -$2.4M | -$4.4M | -$3.2M |
| EBITDA | $511000 | -$2.1M | -$4.3M | -$1.5M |
| Beneficio Neto | $468000 | -$2.4M | -$4.3M | -$4.8M |
| BPA | $19.60 | $-52.50 | $-73.15 | $-26.64 |
| BPA Diluido | $19.60 | $-52.50 | $-73.15 | $-26.64 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $1.3M | $15.6M | $5.5M | $1.3M | $14.4M | $8.7M | $17.7M | $3.8M | $5.1M | $1.1M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | $15.5M | $569000 | 0 | 0 | 0 |
| Cuentas por Cobrar | $282000 | $545000 | $786000 | $799000 | $905000 | $750000 | $1.4M | $2.0M | $1.7M | $1.5M |
| Inventario | $677000 | $1.6M | $1.7M | $1.8M | $3.0M | $2.8M | $2.7M | $2.0M | $1.7M | $1.9M |
| Activos Corrientes | $2.4M | $17.9M | $8.1M | $4.0M | $18.5M | $28.1M | $22.8M | $8.2M | $8.9M | $5.2M |
| Inmovilizado Material | $540000 | $570000 | $536000 | $1.4M | $1.5M | $2.3M | $1.9M | $1.4M | $988000 | $661000 |
| Fondo de Comercio | $99000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $4.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $7.5M | $18.5M | $8.8M | $5.6M | $20.0M | $30.4M | $24.7M | $9.8M | $9.9M | $6.1M |
| Cuentas por Pagar | $2.0M | $862000 | $1.1M | $1.5M | $1.1M | $1.4M | $2.2M | $2.4M | $1.6M | $2.0M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $216000 | 0 | $261000 |
| Pasivos Corrientes | $3.3M | $2.1M | $2.8M | $3.4M | $3.6M | $3.3M | $4.7M | $3.2M | $2.6M | $3.0M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $5.7M | $2.2M | $2.8M | $3.6M | $3.7M | $4.5M | $12.3M | $6.6M | $3.3M | $3.5M |
| Reservas | -$169.0M | -$182.4M | -$199.4M | -$217.5M | -$233.3M | -$252.9M | -$267.4M | -$287.6M | -$298.8M | -$316.3M |
| Patrimonio Neto | $1.8M | $16.2M | $5.9M | $2.0M | $16.3M | $25.9M | $12.4M | $3.2M | $6.5M | $2.6M |
| Deuda Total | 0 | 0 | 0 | $447000 | $339000 | $1.2M | $984000 | $760000 | $545000 | $328000 |
| Deuda Neta | -$1.3M | -$15.6M | -$5.5M | -$832000 | -$14.1M | -$23.0M | -$17.3M | -$3.0M | -$4.5M | -$757000 |
| Capital Circulante | -$841000 | $15.8M | $5.3M | $684999 | $15.0M | $24.8M | $18.1M | $5.0M | $6.3M | $2.2M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $3.1M | $1.1M | $2.1M | $3.9M |
| Activos Totales | $8.0M | $6.1M | $7.2M | $9.1M |
| Pasivos Totales | $4.1M | $3.5M | $4.3M | $11.2M |
| Patrimonio Neto | $3.9M | $2.6M | $2.9M | -$2.1M |
| Deuda Total | $383000 | $328000 | $265000 | $200000 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$15.8M | -$13.4M | -$17.0M | -$18.1M | -$15.8M | -$19.6M | -$14.5M | -$20.2M | -$11.2M | -$17.5M |
| Amortizaciones | $697000 | $769000 | $232000 | $239000 | $376000 | $488000 | $372000 | $362000 | $310000 | $417000 |
| Compensación en Acciones | $949000 | $499000 | $2.1M | $1.5M | $1.3M | $1.3M | $862000 | $670000 | $478000 | $127000 |
| Cambio en Capital Circulante | -$2.0M | -$2.3M | $153000 | -$4000 | -$1.3M | -$104000 | $598000 | -$1.4M | -$305000 | -$253000 |
| Flujo de Caja Operativo | -$16.3M | -$11.9M | -$14.6M | -$16.4M | -$16.6M | -$17.8M | -$15.1M | -$17.9M | -$9.6M | -$10.8M |
| Inversiones (CapEx) | -$117000 | -$259000 | -$198000 | -$490000 | -$298000 | -$219000 | -$122000 | -$248000 | -$60000 | -$90000 |
| Adquisiciones | -$4.0M | 0 | 0 | 0 | 0 | 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 | -$16.4M | -$12.2M | -$14.8M | -$16.9M | -$16.9M | -$18.1M | -$15.3M | -$18.2M | -$9.7M | -$10.9M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$3.1M | -$3.0M | -$3.1M | -$3.2M |
| Inversiones (CapEx) | -$98000 | $12000 | -$30000 | -$9000 |
| Flujo de Caja Libre | -$3.2M | -$3.0M | -$3.1M | -$3.2M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $19000 | $24000 | $25000 | $22000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +175.6% | +40.7% | +10.3% | +35.0% | +6.5% | +7.9% | +3.8% | -1.4% | -5.4% |
| Crecimiento Beneficio Neto (anual) | | +15.3% | -27.3% | -6.4% | +12.6% | -23.5% | +25.7% | -39.1% | +44.8% | -56.9% |
| Crecimiento BPA (anual) | | +15.3% | +4.5% | +90.3% | +95.1% | +50.7% | +70.8% | +87.7% | +97.8% | +90.9% |
| Cambio en Acciones (anual) | | +0.0% | +33.3% | +1000.0% | +1675.0% | +150.6% | +154.0% | +1029.0% | +2264.8% | +420.0% |
| Crecimiento FCF (anual) | | +25.8% | -21.2% | -14.2% | -0.1% | -7.1% | +15.5% | -19.1% | +46.9% | -12.9% |
| Margen Bruto | 44.7% | 22.2% | 26.6% | 51.7% | 54.5% | 56.7% | 55.7% | 56.2% | 66.7% | 62.0% |
| Margen Operativo | -1215.1% | -416.9% | -340.9% | -328.5% | -228.8% | -246.5% | -201.0% | -198.9% | -125.7% | -134.3% |
| Margen EBITDA | -1136.2% | -284.0% | -336.2% | -324.2% | -223.8% | -240.6% | -57.3% | -184.5% | -120.5% | -79.2% |
| Margen Neto | -1225.1% | -376.6% | -340.8% | -328.7% | -212.8% | -246.9% | -170.0% | -228.0% | -127.7% | -211.9% |
| Margen FCF | -1273.0% | -342.8% | -295.3% | -305.9% | -226.7% | -228.0% | -178.8% | -205.2% | -110.4% | -131.8% |
| Tasa Impositiva Efectiva | 0.3% | -0.0% | -0.0% | -0.0% | -0.1% | -0.0% | -0.1% | -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 | $-191438333.33 | $-142088333.33 | $-129132500.00 | $-13408977.27 | $-756017.93 | $-323030.15 | $-107520.62 | $-11340.31 | $-254.50 | $-55.28 |
| 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) | $0 | $0 | $0 | $1 | $22 | $56 | $142 | $1604 | $37921 | $197184 |
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 | -605.75% |
| Rentabilidad sobre capital invertido | -238.32% |
| Rentabilidad sobre activos | -121.85% |
| Margen bruto | 69.69% |
| Margen operativo | -140.62% |
| Margen neto | -123.38% |
Salud financiera
| Deuda / Patrimonio | -0.10 |
| Ratio corriente | 1.97 |
| Piotroski F-Score | 2 |
| Altman Z-Score | -74.53 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -1813.35 | -47.88 | -7.08 | -9.22 | -50.53 | -16.75 | -5.39 | -2.37 | -5.83 | -2.40 |
| P/VC | 16298.44 | 39.46 | 20.31 | 83.96 | 49.04 | 12.64 | 6.34 | 14.93 | 9.48 | 4.58 |
| P/V | 22215.95 | 180.34 | 24.12 | 30.32 | 107.54 | 41.40 | 9.17 | 5.41 | 7.08 | 1.45 |
| Margen Bruto | 44.7% | 22.2% | 26.6% | 51.7% | 54.5% | 56.7% | 55.7% | 56.2% | 66.7% | 62.0% |
| Margen Operativo | -1215.1% | -416.9% | -340.9% | -328.5% | -228.8% | -246.5% | -201.0% | -198.9% | -125.7% | -134.3% |
| Margen Neto | -1225.1% | -376.6% | -340.8% | -328.7% | -212.8% | -246.9% | -170.0% | -228.0% | -127.7% | -211.9% |