Estados financieros detallados de POET Technologies Inc. (POET): 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
POET Technologies Inc. registró ingresos de $1.1M en el último ejercicio fiscal, con un CAGR de 5 años del -22.7%.
Márgenes de los últimos 12 meses: margen bruto -68.0%, margen operativo -33.4%, margen neto -44.2%.
Al precio actual de $7.40, POET presenta beneficios negativos (P/E no significativo) y un ROE del -19.59%. La capitalización bursátil es de $977M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $1.9M | $2.8M | $3.9M | $3.9M | $3.9M | $209100 | $552748 | $465777 | $41427 | $1.1M |
| Coste de Ventas | $1.4M | $1.3M | $1.5M | $1.5M | $1.5M | 0 | 0 | 0 | 0 | 0 |
| Beneficio Bruto | $481909 | $1.5M | $2.4M | $2.4M | $2.4M | $209100 | $552748 | $465777 | $41427 | $1.1M |
| I+D | $2.9M | $5.4M | $8.7M | $2.1M | $6.6M | $8.2M | $10.7M | $10.1M | $11.3M | $18.1M |
| Generales y Administrativos | $9.7M | $8.6M | $9.1M | $6.5M | $7.3M | $8.0M | $8.2M | $8.9M | $10.2M | $13.5M |
| Gastos Operativos | $14.1M | $14.5M | $18.9M | $8.8M | $14.8M | $15.9M | $20.3M | $20.9M | $30.1M | $34.9M |
| Beneficio Operativo | -$13.7M | -$13.1M | -$16.6M | -$9.1M | -$18.2M | -$15.7M | -$19.7M | -$20.4M | -$30.1M | -$33.9M |
| EBITDA | -$12.1M | -$7.7M | -$7.8M | -$10.5M | -$14.7M | -$14.2M | -$19.7M | -$18.3M | -$54.6M | -$59.5M |
| Gastos por Intereses | 0 | 0 | 0 | $819911 | $937903 | $364619 | $49738 | $70182 | $102673 | $144046 |
| Beneficio Antes de Impuestos | -$13.4M | -$13.1M | -$16.6M | -$11.7M | -$18.2M | -$15.7M | -$21.0M | -$20.3M | -$56.7M | -$63.0M |
| Impuestos | -$207257 | -$297940 | -$297940 | -$292740 | $979052 | 0 | 0 | 0 | 0 | 0 |
| Beneficio Neto | -$13.2M | -$12.8M | -$16.3M | -$11.4M | -$19.1M | -$15.7M | -$21.0M | -$20.3M | -$56.7M | -$63.0M |
| BPA | $-0.60 | $-0.49 | $-0.58 | $-0.40 | $-0.66 | $-0.51 | $-0.57 | $-0.51 | $-0.94 | $-0.68 |
| BPA Diluido | $-0.60 | $-0.49 | $-0.58 | $-0.40 | $-0.66 | $-0.51 | $-0.57 | $-0.51 | $-0.94 | $-0.68 |
| Acciones en Circulación (Diluidas) | $22.0M | $26.0M | $28.2M | $28.8M | $29.2M | $34.5M | $36.7M | $40.1M | $60.2M | $93.2M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $298434 | $341202 | $503389 | $569925 |
| Beneficio Bruto | -$594270 | $341202 | -$454311 | -$457028 |
| Beneficio Operativo | -$9.6M | -$9.6M | -$17.9M | -$20.2M |
| EBITDA | -$8.4M | -$41.7M | -$11.3M | -$19.2M |
| Beneficio Neto | -$9.4M | -$42.7M | -$12.3M | -$11.3M |
| BPA | $-0.10 | $-0.46 | $-0.08 | $-0.07 |
| BPA Diluido | $-0.10 | $-0.46 | $-0.08 | $-0.07 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $14.4M | $5.0M | $2.6M | $1.4M | $6.9M | $14.9M | $9.2M | $3.0M | $37.1M | $40.0M |
| Inversiones a Corto | $589275 | 0 | 0 | 0 | 0 | $6.4M | 0 | 0 | $16.7M | $273.4M |
| Cuentas por Cobrar | $292849 | $613407 | $1.0M | $18.1M | 0 | $141568 | $191163 | $57200 | $7252 | $208888 |
| Inventario | $1.1M | $524582 | $436833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $17.1M | $8.0M | $6.9M | $20.3M | $7.5M | $21.8M | $9.6M | $3.2M | $55.5M | $314.5M |
| Inmovilizado Material | $9.4M | $8.3M | $9.3M | $3.4M | $3.7M | $3.4M | $5.3M | $5.1M | $13.5M | $13.3M |
| Fondo de Comercio | $7.7M | $7.7M | $7.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $1.3M | $1.3M | $1.3M | $452384 | $438677 | $528476 | $510705 | $502055 | $606708 | $556375 |
| Activos Totales | $35.5M | $25.2M | $25.1M | $24.1M | $11.6M | $27.2M | $15.4M | $8.8M | $69.7M | $328.6M |
| Cuentas por Pagar | $768066 | $504229 | $2.3M | $1.5M | $1.6M | $987498 | $2.7M | $1.4M | $5.3M | $1.2M |
| Deuda a Corto | 0 | 0 | 0 | $3.1M | $3.5M | $31660 | $29520 | $30200 | $6.5M | $5.8M |
| Pasivos Corrientes | $1.6M | $810593 | $3.0M | $5.0M | $5.4M | $1.9M | $3.8M | $3.5M | $48.3M | $143.8M |
| Deuda a Largo | 0 | 0 | 0 | 0 | $70310 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $3.3M | $2.1M | $4.0M | $5.0M | $5.8M | $2.2M | $3.9M | $3.8M | $49.0M | $144.8M |
| Reservas | -$104.1M | -$116.9M | -$133.2M | -$139.1M | -$157.3M | -$173.0M | -$194.0M | -$214.3M | -$271.0M | -$297.1M |
| Patrimonio Neto | $32.2M | $23.1M | $21.1M | $19.0M | $5.8M | $25.0M | $11.4M | $4.9M | $20.7M | $183.8M |
| Deuda Total | 0 | 0 | 0 | $3.3M | $4.1M | $391008 | $308783 | $542280 | $7.2M | $7.1M |
| Deuda Neta | -$15.0M | -$5.0M | -$2.6M | $1.9M | -$2.8M | -$20.9M | -$8.9M | -$2.5M | -$46.6M | -$306.3M |
| Capital Circulante | $15.5M | $7.1M | $3.8M | $15.2M | $2.1M | $19.9M | $5.8M | -$369115 | $7.1M | $170.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $13.5M | $40.0M | $16.5M | $432.5M |
| Activos Totales | $107.8M | $328.6M | $461.8M | $881.8M |
| Pasivos Totales | $41.4M | $144.8M | $13.1M | $34.3M |
| Patrimonio Neto | $66.4M | $183.8M | $448.6M | $847.5M |
| Deuda Total | $7.3M | $7.1M | $7.0M | $7.8M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$13.2M | -$12.8M | -$16.3M | -$11.4M | -$18.2M | -$15.7M | -$21.0M | -$20.3M | -$56.7M | -$63.0M |
| Amortizaciones | $1.5M | $2.3M | $2.6M | $243696 | $813102 | $1.1M | $1.3M | $1.9M | $1.9M | $3.3M |
| Compensación en Acciones | $4.1M | $3.2M | $4.0M | $2.9M | $3.6M | $4.5M | $4.4M | $4.2M | $5.5M | $6.1M |
| Cambio en Capital Circulante | -$2.0M | -$1.5M | $572050 | -$265210 | $210012 | $205249 | $1.4M | -$1.3M | -$1.6M | -$3.4M |
| Flujo de Caja Operativo | -$10.0M | -$9.2M | -$9.3M | -$9.4M | -$9.4M | -$11.2M | -$12.3M | -$15.4M | -$23.3M | -$31.1M |
| Inversiones (CapEx) | -$1.3M | -$1.0M | -$3.5M | -$511484 | -$1.6M | -$930882 | -$3.1M | -$1.2M | -$7.0M | -$2.3M |
| Adquisiciones | $18791 | 0 | 0 | 0 | $15.5M | 0 | 0 | 0 | $97833 | 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 | -$11.2M | -$10.2M | -$12.8M | -$9.9M | -$11.0M | -$12.2M | -$15.4M | -$16.7M | -$30.3M | -$33.4M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$2.8M | -$11.6M | -$8.8M | -$12.2M |
| Inversiones (CapEx) | -$404762 | $780400 | -$2.4M | -$3.0M |
| Flujo de Caja Libre | -$3.2M | -$10.9M | -$11.2M | -$15.2M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | $2.2M | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +50.1% | +39.2% | +0.0% | +0.0% | -94.6% | +164.3% | -15.7% | -91.1% | +2494.6% |
| Crecimiento Beneficio Neto (anual) | | +3.2% | -27.5% | +29.9% | -67.5% | +18.2% | -34.3% | +3.7% | -179.7% | -11.1% |
| Crecimiento BPA (anual) | | +18.3% | -18.4% | +31.0% | -65.0% | +22.7% | -11.8% | +10.5% | -84.3% | +27.7% |
| Cambio en Acciones (anual) | | +18.0% | +8.6% | +2.2% | +1.2% | +18.4% | +6.4% | +9.1% | +50.2% | +54.6% |
| Crecimiento FCF (anual) | | +9.3% | -25.8% | +22.8% | -11.2% | -10.5% | -26.6% | -8.1% | -81.8% | -10.3% |
| Margen Bruto | 25.9% | 51.9% | 62.0% | 62.0% | 62.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Margen Operativo | -736.7% | -468.7% | -427.5% | -235.1% | -467.3% | -7493.6% | -3565.9% | -4381.3% | -72572.6% | -3150.5% |
| Margen EBITDA | -649.0% | -276.5% | -201.8% | -270.8% | -376.9% | -6792.9% | -3562.9% | -3923.6% | -131732.8% | -5535.9% |
| Margen Neto | -710.3% | -458.0% | -419.8% | -294.1% | -492.5% | -7493.6% | -3805.8% | -4351.3% | -136857.2% | -5857.8% |
| Margen FCF | -603.9% | -364.8% | -329.8% | -254.8% | -283.2% | -5817.4% | -2786.1% | -3575.6% | -73068.3% | -3106.3% |
| Tasa Impositiva Efectiva | 1.5% | 2.3% | 1.8% | 2.5% | -5.4% | -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 | $-0.51 | $-0.39 | $-0.45 | $-0.34 | $-0.38 | $-0.35 | $-0.42 | $-0.42 | $-0.50 | $-0.36 |
| 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) | $22.0M | $26.0M | $28.1M | $28.8M | $29.2M | $34.5M | $36.7M | $40.1M | $60.2M | $93.2M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -19.59% |
| Rentabilidad sobre capital invertido | -6.69% |
| Rentabilidad sobre activos | -8.59% |
| Margen bruto | -67.98% |
| Margen operativo | -3340.80% |
| Margen neto | -4420.65% |
Salud financiera
| Deuda / Patrimonio | 0.01 |
| Ratio corriente | 24.46 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -4.00 | -3.47 | -3.45 | -7.00 | -9.85 | -13.92 | -5.30 | -1.83 | -6.33 | -9.31 |
| P/VC | 1.64 | 1.91 | 2.66 | 4.24 | 32.61 | 9.82 | 9.69 | 7.61 | 17.33 | 3.21 |
| P/V | 28.37 | 15.81 | 14.44 | 20.76 | 48.76 | 1173.00 | 200.73 | 80.53 | 8653.04 | 548.61 |
| Margen Bruto | 25.9% | 51.9% | 62.0% | 62.0% | 62.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Margen Operativo | -736.7% | -468.7% | -427.5% | -235.1% | -467.3% | -7493.6% | -3565.9% | -4381.3% | -72572.6% | -3150.5% |
| Margen Neto | -710.3% | -458.0% | -419.8% | -294.1% | -492.5% | -7493.6% | -3805.8% | -4351.3% | -136857.2% | -5857.8% |