Estados financieros detallados de NEXGEL, Inc. (NXGL): 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
NEXGEL, Inc. registró ingresos de $11.4M en el último ejercicio fiscal, con un CAGR de 5 años del 76.1%.
Márgenes de los últimos 12 meses: margen bruto 35.1%, margen operativo -44.8%, margen neto -51.3%.
Al precio actual de $0.25, NXGL presenta beneficios negativos (P/E no significativo) y un ROE del -133.10%. La capitalización bursátil es de $2M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $2.2M | $2.0M | $2.2M | $717000 | $674000 | $1.6M | $2.0M | $4.1M | $8.7M | $11.4M |
| Coste de Ventas | $2.3M | $1.8M | $1.7M | $854000 | $965000 | $1.5M | $1.8M | $3.7M | $5.9M | $6.9M |
| Beneficio Bruto | -$114000 | $147000 | $514000 | -$137000 | -$291000 | $8000 | $256000 | $374000 | $2.7M | $4.5M |
| I+D | 0 | 0 | 0 | 0 | 0 | $31000 | $367000 | $103000 | $78000 | $2000 |
| Generales y Administrativos | $1.8M | $1.1M | $2.4M | 0 | $2.0M | $2.4M | $2.8M | $3.4M | $5.9M | $7.9M |
| Gastos Operativos | $1.8M | $1.1M | $2.4M | $1.8M | $2.0M | $2.6M | $3.6M | $3.9M | $6.3M | $7.9M |
| Beneficio Operativo | -$1.9M | -$969000 | -$1.9M | -$1.9M | -$2.3M | -$2.6M | -$3.3M | -$3.5M | -$3.6M | -$3.4M |
| EBITDA | -$1.5M | -$653000 | -$1.6M | -$1.9M | -$2.2M | -$2.2M | -$3.1M | -$2.7M | -$2.9M | -$2.1M |
| Gastos por Intereses | 0 | 0 | 0 | 0 | $10000 | $2.0M | $1.3M | $15000 | $81000 | $34000 |
| Beneficio Antes de Impuestos | -$1.8M | -$969000 | -$1.9M | -$1.9M | -$2.3M | -$4.3M | -$4.7M | -$3.2M | -$3.5M | -$2.9M |
| Impuestos | -$63000 | -$16000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Beneficio Neto | -$1.8M | -$953000 | -$1.9M | -$1.9M | -$2.3M | -$4.3M | -$4.7M | -$3.2M | -$3.3M | -$3.0M |
| BPA | $-0.32 | $-0.17 | $-0.34 | $-0.35 | $-0.41 | $-0.77 | $-0.85 | $-0.56 | $-0.50 | $-0.38 |
| BPA Diluido | $-0.32 | $-0.17 | $-0.34 | $-0.35 | $-0.41 | $-0.77 | $-0.85 | $-0.56 | $-0.50 | $-0.38 |
| Acciones en Circulación (Diluidas) | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.7M | $6.5M | $7.9M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $2.9M | $2.8M | $2.6M | $3.7M |
| Beneficio Bruto | $1.2M | $819000 | $1.1M | $1.1M |
| Beneficio Operativo | -$725000 | -$1.2M | -$958000 | -$2.5M |
| EBITDA | -$535000 | -$523000 | -$657000 | -$398000 |
| Beneficio Neto | -$653000 | -$970000 | -$927000 | -$3.6M |
| BPA | $-0.08 | $-0.12 | $-0.11 | $-0.40 |
| BPA Diluido | $-0.08 | $-0.12 | $-0.11 | $-0.40 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | 0 | 0 | 0 | $261000 | $32000 | $13.3M | $1.1M | $2.7M | $1.8M | $317000 |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | $5.5M | 0 | 0 | 0 |
| Cuentas por Cobrar | $74000 | $99000 | $34000 | $102000 | $73000 | $209000 | $222000 | $633000 | $933000 | $673000 |
| Inventario | $158000 | $93000 | $101000 | $113000 | $233000 | $291000 | $502000 | $1.3M | $1.8M | $2.1M |
| Activos Corrientes | $257000 | $199000 | $361000 | $513000 | $363000 | $13.9M | $7.5M | $5.1M | $5.1M | $4.3M |
| Inmovilizado Material | $831000 | $522000 | $200000 | $1.2M | $1.4M | $2.6M | $2.5M | $3.4M | $3.8M | $4.0M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | $311000 | $311000 | $311000 | $1.1M | $1.1M | $1.1M |
| Activos Intangibles | 0 | 0 | 0 | 0 | $47000 | $33000 | $20000 | $326000 | $807000 | $681000 |
| Activos Totales | $1.3M | $894000 | $739000 | $1.9M | $2.3M | $17.0M | $10.4M | $10.0M | $11.0M | $10.5M |
| Cuentas por Pagar | $147000 | $63000 | $157000 | $510000 | $658000 | $254000 | $265000 | $1.2M | $1.3M | $1.3M |
| Deuda a Corto | 0 | 0 | 0 | 0 | $216000 | $2.0M | $15000 | $325000 | $97000 | $99000 |
| Pasivos Corrientes | $384000 | $210000 | $407000 | $800000 | $1.3M | $2.9M | $859000 | $2.5M | $2.5M | $3.0M |
| Deuda a Largo | 0 | 0 | 0 | 0 | $256000 | $266000 | $268000 | $513000 | $588000 | $489000 |
| Pasivos Totales | $467000 | $269000 | $458000 | $1.5M | $2.2M | $4.9M | $2.7M | $4.8M | $4.9M | $5.6M |
| Reservas | 0 | 0 | 0 | -$238000 | -$2.5M | -$6.8M | -$11.6M | -$14.7M | -$18.0M | -$21.0M |
| Patrimonio Neto | $794000 | $625000 | $281000 | $380000 | $71000 | $12.1M | $7.6M | $4.7M | $5.8M | $4.5M |
| Deuda Total | 0 | 0 | 0 | $917000 | $1.3M | $4.3M | $2.1M | $2.8M | $2.8M | $3.1M |
| Deuda Neta | 0 | 0 | 0 | $656000 | $1.2M | -$9.1M | -$4.5M | $98000 | $1.0M | $2.8M |
| Capital Circulante | -$127000 | -$11000 | -$46000 | -$287000 | -$969000 | $11.0M | $6.6M | $2.5M | $2.6M | $1.4M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $938000 | $317000 | $208000 | $492000 |
| Activos Totales | $11.6M | $10.5M | $11.6M | $26.4M |
| Pasivos Totales | $6.0M | $5.6M | $7.1M | $21.0M |
| Patrimonio Neto | $5.2M | $4.5M | $4.0M | $4.9M |
| Deuda Total | $3.2M | $3.1M | $4.3M | $7.5M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$1.8M | -$953000 | -$1.9M | -$1.9M | -$2.3M | -$4.3M | -$4.7M | -$3.2M | -$3.3M | -$2.9M |
| Amortizaciones | $324000 | $316000 | $322000 | $67000 | $50000 | $113000 | $301000 | $443000 | $478000 | $740000 |
| Compensación en Acciones | $12000 | $7000 | $206000 | $4000 | $232000 | $285000 | $298000 | $217000 | $367000 | $654000 |
| Cambio en Capital Circulante | $195000 | -$123000 | $36000 | $39000 | $177000 | -$593000 | -$234000 | -$421000 | -$1.2M | $468000 |
| Flujo de Caja Operativo | -$1.3M | -$777000 | -$1.5M | -$1.8M | -$1.8M | -$2.8M | -$3.0M | -$3.2M | -$3.9M | -$1.3M |
| Inversiones (CapEx) | 0 | -$7000 | 0 | 0 | -$312000 | -$269000 | -$96000 | -$696000 | -$443000 | -$68000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | $96000 | -$547000 | -$400000 | 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 | -$1.3M | -$784000 | -$1.5M | -$1.8M | -$2.1M | -$3.0M | -$3.1M | -$3.9M | -$4.3M | -$1.4M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$785000 | $281000 | -$504000 | -$2.2M |
| Inversiones (CapEx) | -$8000 | $28000 | -$9000 | -$76000 |
| Flujo de Caja Libre | -$793000 | $309000 | -$513000 | -$2.3M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $205000 | $156000 | $143000 | $119000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -7.4% | +11.1% | -67.6% | -6.0% | +130.1% | +32.0% | +99.7% | +112.5% | +31.5% |
| Crecimiento Beneficio Neto (anual) | | +46.3% | -98.1% | -1.9% | -17.7% | -90.4% | -10.1% | +33.5% | -3.9% | +8.6% |
| Crecimiento BPA (anual) | | +46.9% | -100.0% | -2.9% | -17.1% | -87.8% | -10.4% | +34.1% | +10.7% | +24.0% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.0% | +0.0% | +0.1% | +0.0% | +1.7% | +14.8% | +20.6% |
| Crecimiento FCF (anual) | | +40.5% | -96.9% | -17.5% | -16.5% | -43.0% | -2.2% | -27.3% | -9.6% | +68.0% |
| Margen Bruto | -5.3% | 7.4% | 23.2% | -19.1% | -43.2% | 0.5% | 12.5% | 9.1% | 31.6% | 39.5% |
| Margen Operativo | -86.6% | -48.6% | -85.3% | -268.3% | -335.3% | -165.7% | -163.5% | -85.0% | -40.9% | -29.3% |
| Margen EBITDA | -71.6% | -32.8% | -70.8% | -259.0% | -327.0% | -140.2% | -151.8% | -66.8% | -33.4% | -18.6% |
| Margen Neto | -82.5% | -47.8% | -85.3% | -268.2% | -335.9% | -277.9% | -231.7% | -77.2% | -37.8% | -26.3% |
| Margen FCF | -61.2% | -39.4% | -69.8% | -253.0% | -313.5% | -194.8% | -150.8% | -96.2% | -49.6% | -12.1% |
| Tasa Impositiva Efectiva | 3.4% | 1.7% | -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 | $-0.24 | $-0.14 | $-0.28 | $-0.33 | $-0.38 | $-0.54 | $-0.55 | $-0.69 | $-0.66 | $-0.18 |
| 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) | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.7M | $6.5M | $7.9M |
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 | -133.10% |
| Rentabilidad sobre capital invertido | -41.80% |
| Rentabilidad sobre activos | -23.39% |
| Margen bruto | 35.07% |
| Margen operativo | -44.77% |
| Margen neto | -51.26% |
Salud financiera
| Deuda / Patrimonio | 1.51 |
| Ratio corriente | 0.43 |
| Piotroski F-Score | 5 |
| Altman Z-Score | -1.25 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -11.00 | -20.71 | -10.35 | -10.06 | -8.59 | -3.39 | -1.47 | -3.80 | -8.92 | -4.24 |
| P/VC | 24.67 | 31.34 | 69.71 | 51.55 | 275.90 | 1.20 | 0.91 | 2.57 | 5.05 | 2.84 |
| P/V | 9.10 | 9.83 | 8.85 | 27.32 | 29.06 | 9.38 | 3.40 | 2.95 | 3.34 | 1.11 |
| Margen Bruto | -5.3% | 7.4% | 23.2% | -19.1% | -43.2% | 0.5% | 12.5% | 9.1% | 31.6% | 39.5% |
| Margen Operativo | -86.6% | -48.6% | -85.3% | -268.3% | -335.3% | -165.7% | -163.5% | -85.0% | -40.9% | -29.3% |
| Margen Neto | -82.5% | -47.8% | -85.3% | -268.2% | -335.9% | -277.9% | -231.7% | -77.2% | -37.8% | -26.3% |