Estados financieros detallados de Oddity Tech Ltd. (ODD): 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
Oddity Tech Ltd. registró ingresos de $809.8M en el último ejercicio fiscal, con un CAGR de 5 años del 48.9%. El beneficio neto alcanzó $110.7M, con un CAGR a 5 años del 56.7%.
Márgenes de los últimos 12 meses: margen bruto 70.0%, margen operativo -1.1%, margen neto 2.2%. El flujo de caja libre creció a un CAGR del 33.5% en 5 años.
Al precio actual de $18.14, ODD cotiza a un P/E de 72.16 y un ROE del 4.60%. La capitalización bursátil es de $1.0B.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $110.6M | $222.6M | $324.5M | $508.7M | $647.0M | $809.8M |
| Coste de Ventas | $32.8M | $69.4M | $106.5M | $150.5M | $178.7M | $221.1M |
| Beneficio Bruto | $77.8M | $153.2M | $218.1M | $358.2M | $468.3M | $588.7M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $61.2M | $133.7M | $190.4M | $283.9M | $352.7M | $469.9M |
| Gastos Operativos | $61.2M | $133.7M | $190.4M | $283.9M | $352.7M | $469.9M |
| Beneficio Operativo | $16.7M | $19.5M | $27.7M | $74.3M | $115.6M | $118.8M |
| EBITDA | $20.9M | $23.5M | $33.3M | $87.2M | $137.8M | $146.4M |
| Gastos por Intereses | $1.2M | $877000 | 0 | 0 | $76000 | 0 |
| Beneficio Antes de Impuestos | $15.4M | $18.6M | $28.9M | $78.6M | $127.9M | $135.7M |
| Impuestos | $3.7M | $4.7M | $7.2M | $20.1M | $26.4M | $25.0M |
| Beneficio Neto | $11.7M | $13.9M | $21.7M | $58.5M | $101.5M | $110.7M |
| BPA | $0.06 | $0.08 | $0.11 | $1.03 | $1.78 | $1.95 |
| BPA Diluido | $0.06 | $0.08 | $0.11 | $1.00 | $1.66 | $1.80 |
| Acciones en Circulación (Diluidas) | $56.5M | $56.5M | $56.5M | $58.7M | $61.8M | $61.6M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $147.9M | $152.7M | $197.9M | $180.5M |
| Beneficio Bruto | $105.9M | $107.6M | $138.0M | $123.9M |
| Beneficio Operativo | $17.4M | $1.7M | -$25.5M | -$1.3M |
| EBITDA | $26.2M | $10.0M | -$15.9M | $2.0M |
| Beneficio Neto | $17.7M | $5.9M | -$21.4M | $12.9M |
| BPA | $0.31 | $0.10 | $-0.38 | $0.27 |
| BPA Diluido | $0.28 | $0.10 | $-0.38 | $0.24 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $39.8M | $28.8M | $41.0M | $36.5M | $50.3M | $402.2M |
| Inversiones a Corto | 0 | 0 | $18.0M | $79.1M | $49.9M | $11.2M |
| Cuentas por Cobrar | $8.8M | $5.1M | $7.6M | $9.9M | $9.2M | $16.9M |
| Inventario | $15.7M | $51.5M | $70.2M | $84.1M | $99.8M | $135.2M |
| Activos Corrientes | $64.3M | $92.7M | $145.9M | $223.8M | $223.4M | $601.8M |
| Inmovilizado Material | $9.9M | $9.7M | $22.7M | $22.8M | $33.4M | $33.2M |
| Fondo de Comercio | $306000 | $16.2M | $16.2M | $64.9M | $64.9M | $64.9M |
| Activos Intangibles | $5.4M | $21.7M | $26.8M | $36.0M | $36.5M | $43.6M |
| Activos Totales | $81.8M | $143.0M | $216.4M | $404.9M | $438.9M | $1.14B |
| Cuentas por Pagar | $15.9M | $37.0M | $44.8M | $56.2M | $79.1M | $76.0M |
| Deuda a Corto | $4.2M | $4.4M | $3.9M | 0 | 0 | 0 |
| Pasivos Corrientes | $26.5M | $55.6M | $90.4M | $109.3M | $124.8M | $114.8M |
| Deuda a Largo | $1.3M | $919000 | 0 | 0 | 0 | $584.4M |
| Pasivos Totales | $29.4M | $74.3M | $117.7M | $121.8M | $156.6M | $741.3M |
| Reservas | $7.6M | $21.5M | $43.2M | $101.8M | $203.3M | $314.0M |
| Patrimonio Neto | $52.3M | $68.6M | $98.7M | $283.1M | $282.3M | $396.5M |
| Deuda Total | $5.5M | $5.3M | $15.9M | $12.5M | $22.7M | $607.8M |
| Deuda Neta | -$34.3M | -$23.5M | -$25.1M | -$103.1M | -$77.5M | $194.5M |
| Capital Circulante | $37.8M | $37.1M | $55.5M | $114.5M | $98.6M | $487.0M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $592.0M | $402.2M | $278.6M | $167.3M |
| Activos Totales | $1.11B | $1.14B | $1.05B | $935.1M |
| Pasivos Totales | $728.5M | $741.3M | $750.9M | $691.9M |
| Patrimonio Neto | $380.7M | $396.5M | $298.9M | $243.3M |
| Deuda Total | $607.3M | $607.8M | $609.0M | $559.2M |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $11.7M | $13.9M | $21.7M | $58.5M | $101.5M | $110.7M |
| Amortizaciones | $4.3M | $4.0M | $4.4M | $8.6M | $9.8M | $12.6M |
| Compensación en Acciones | $99000 | $2.1M | $6.7M | $24.1M | $25.0M | $33.9M |
| Cambio en Capital Circulante | $6.5M | -$10.3M | $7.1M | -$2.0M | $7.0M | -$64.0M |
| Flujo de Caja Operativo | $23.0M | $9.9M | $39.0M | $87.5M | $137.8M | $87.6M |
| Inversiones (CapEx) | -$3.3M | -$6.7M | -$7.8M | -$5.6M | -$8.0M | -$3.9M |
| Adquisiciones | 0 | -$11.8M | 0 | -$23.2M | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | -$147.6M | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $19.8M | $3.1M | $31.3M | $81.8M | $129.8M | $83.6M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$8.8M | -$5.0M | -$20.2M | $14.3M |
| Inversiones (CapEx) | -$5.4M | -$6.0M | -$5.1M | -$701000 |
| Flujo de Caja Libre | -$14.3M | -$10.9M | -$25.3M | $13.6M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $8.9M | $8.2M | $8.1M | $9.8M |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +101.2% | +45.8% | +56.7% | +27.2% | +25.2% |
| Crecimiento Beneficio Neto (anual) | | +18.8% | +56.1% | +169.4% | +73.4% | +9.1% |
| Crecimiento BPA (anual) | | +26.6% | +44.4% | +836.4% | +72.8% | +9.6% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +3.8% | +5.2% | -0.2% |
| Crecimiento FCF (anual) | | -84.2% | +901.7% | +161.9% | +58.6% | -35.5% |
| Margen Bruto | 70.3% | 68.8% | 67.2% | 70.4% | 72.4% | 72.7% |
| Margen Operativo | 15.1% | 8.8% | 8.5% | 14.6% | 17.9% | 14.7% |
| Margen EBITDA | 18.9% | 10.6% | 10.3% | 17.1% | 21.3% | 18.1% |
| Margen Neto | 10.6% | 6.3% | 6.7% | 11.5% | 15.7% | 13.7% |
| Margen FCF | 17.9% | 1.4% | 9.6% | 16.1% | 20.1% | 10.3% |
| Tasa Impositiva Efectiva | 24.0% | 25.3% | 24.8% | 25.5% | 20.7% | 18.4% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.35 | $0.06 | $0.55 | $1.39 | $2.10 | $1.36 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $56.5M | $56.5M | $56.5M | $56.9M | $57.4M | $56.9M |
Qué mirar en empresas de Consumer Defensive
- Margen bruto (estable 5a) (Estable ≥35%) — Pricing power de marca — Coca-Cola no pierde margen ni en crisis.
- ROE / ROIC estables (ROE ≥15% estable) — Defensivas tienen ROE alto consistente — los 'stalwarts' de Lynch.
- FCF / Beneficio Neto (≥90%) — Conversión de beneficios a caja — los mejores superan 95%.
- Crecimiento del dividendo 10a (≥6%/año) — Los Dividend Aristocrats suben 25+ años — señal de moat.
- Payout Ratio (<75%) — >80% = dividendo en riesgo. <60% cómodo.
- Deuda Neta / EBITDA (<2,5x) — Una defensiva con mucha deuda pierde su esencia.
Rentabilidad
| Rentabilidad sobre capital | 4.60% |
| Rentabilidad sobre capital invertido | -0.55% |
| Rentabilidad sobre activos | 1.62% |
| Margen bruto | 70.01% |
| Margen operativo | -1.14% |
| Margen neto | 2.23% |
Salud financiera
| Deuda / Patrimonio | 2.30 |
| Ratio corriente | 3.45 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 3.81 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 789.53 | 623.75 | 432.09 | 45.17 | 23.61 | 20.61 |
| P/VC | 51.34 | 39.15 | 27.23 | 9.35 | 8.54 | 5.77 |
| P/V | 24.29 | 12.08 | 8.28 | 5.20 | 3.72 | 2.82 |
| Margen Bruto | 70.3% | 68.8% | 67.2% | 70.4% | 72.4% | 72.7% |
| Margen Operativo | 15.1% | 8.8% | 8.5% | 14.6% | 17.9% | 14.7% |
| Margen Neto | 10.6% | 6.3% | 6.7% | 11.5% | 15.7% | 13.7% |