Estados financieros detallados de 374Water Inc. (SCWO): 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
374Water Inc. registró ingresos de $215037 en el último ejercicio fiscal, con un CAGR de 5 años del 20.0%.
Márgenes de los últimos 12 meses: margen bruto -10.9%, margen operativo -98.3%, margen neto -97.5%.
Al precio actual de $3.19, SCWO presenta beneficios negativos (P/E no significativo) y un ROE del -311.90%. La capitalización bursátil es de $56M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $587613 | $852443 | $190094 | $24000 | $86570 | $48100 | $3.0M | $743952 | $445445 | $215037 |
| Coste de Ventas | 0 | 0 | 0 | 0 | $14241 | 0 | $2.7M | $1.9M | $1.4M | $2.6M |
| Beneficio Bruto | $587613 | $852443 | $190094 | $24000 | $72329 | $48100 | $336501 | -$1.1M | -$912707 | -$2.4M |
| I+D | $331038 | $210624 | $630742 | $218919 | $114559 | $1.8M | $1.1M | $1.5M | $2.1M | $2.5M |
| Generales y Administrativos | $318067 | $210491 | $239352 | $217510 | $323806 | $1.4M | $4.0M | $6.0M | $9.8M | $16.3M |
| Gastos Operativos | $649105 | $421115 | $870094 | $436429 | $83992 | $3.2M | $5.1M | $7.5M | $11.9M | $18.8M |
| Beneficio Operativo | -$61492 | $431328 | -$680000 | -$412429 | -$11663 | -$3.2M | -$4.8M | -$8.6M | -$12.8M | -$21.1M |
| EBITDA | -$29121 | $468580 | -$658416 | -$475973 | -$10752 | -$3.1M | -$4.6M | -$8.0M | -$12.6M | -$20.2M |
| Gastos por Intereses | $62270 | $27781 | $699 | $33309 | $135295 | 0 | 0 | 0 | 0 | $41211 |
| Beneficio Antes de Impuestos | -$123762 | $404353 | -$679078 | -$514916 | $40337 | -$3.2M | -$4.7M | -$8.1M | -$12.4M | -$21.0M |
| Impuestos | 0 | 0 | -$922 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Beneficio Neto | -$123762 | $404353 | -$679078 | -$514916 | $40337 | -$3.2M | -$4.7M | -$8.1M | -$12.4M | -$21.0M |
| BPA | $-0.04 | $0.10 | $-0.21 | $-0.17 | $0.01 | $-0.34 | $-0.37 | $-0.62 | $-0.92 | $-1.38 |
| BPA Diluido | $-0.04 | $0.10 | $-0.21 | $-0.17 | $0.01 | $-0.34 | $-0.37 | $-0.62 | $-0.92 | $-1.38 |
| Acciones en Circulación (Diluidas) | $3.2M | $3.2M | $3.2M | $3.2M | $3.0M | $9.4M | $12.7M | $13.0M | $13.4M | $15.2M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $760417 | -$1.7M | $551155 | $2.3M |
| Beneficio Bruto | $212632 | -$2.4M | -$2.4M | $2.0M |
| Beneficio Operativo | -$4.4M | -$8.4M | -$4.6M | -$1.6M |
| EBITDA | -$4.3M | -$7.9M | -$4.3M | -$2.6M |
| Beneficio Neto | -$4.3M | -$8.3M | -$4.6M | -$2.7M |
| BPA | $-0.30 | $-0.55 | $-0.26 | $-0.15 |
| BPA Diluido | $-0.30 | $-0.55 | $-0.26 | $-0.15 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $4786 | $1336 | $8482 | $20033 | $71799 | $11.1M | $4.0M | $10.4M | $10.7M | $3.2M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | $1.9M | 0 | 0 | 0 |
| Cuentas por Cobrar | $170539 | $369959 | $10000 | $6000 | $31330 | 0 | $918164 | $1.6M | $2.1M | $786580 |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | $1.7M | $2.3M | $1.7M | $1.5M |
| Activos Corrientes | $231953 | $413989 | $29348 | $37493 | $103129 | $11.3M | $8.7M | $14.9M | $14.9M | $5.9M |
| Inmovilizado Material | $22484 | $8222 | $633 | $1314 | $403 | $959 | $143079 | $230971 | $3.3M | $4.4M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $108736 | $86552 | $74178 | 0 | $275 | $1.1M | $1.1M | $988029 | $1.0M | $943224 |
| Activos Totales | $363173 | $508763 | $104160 | $37493 | $103807 | $12.4M | $9.9M | $16.1M | $19.2M | $11.4M |
| Cuentas por Pagar | $79073 | $95310 | $39136 | $101131 | $76249 | $62981 | $1.4M | $447015 | $906394 | $1.3M |
| Deuda a Corto | $425000 | $150000 | 0 | 0 | $291598 | 0 | 0 | 0 | 0 | $638270 |
| Pasivos Corrientes | $504073 | $245310 | $39136 | $101131 | $92557 | $86371 | $1.7M | $1.4M | $3.1M | $4.2M |
| Deuda a Largo | 0 | 0 | 0 | $306254 | $224387 | 0 | 0 | 0 | 0 | $34879 |
| Pasivos Totales | $504073 | $245310 | $39136 | $407385 | $92557 | $86371 | $1.7M | $1.4M | $3.7M | $4.7M |
| Reservas | -$11.8M | -$11.4M | -$12.1M | -$12.6M | $4593 | -$3.2M | -$7.8M | -$16.0M | -$28.4M | -$49.9M |
| Patrimonio Neto | -$140900 | $263453 | $65024 | -$369892 | $11250 | $12.3M | $8.3M | $14.7M | $15.5M | $6.7M |
| Deuda Total | $425000 | $150000 | 0 | $306254 | $515985 | 0 | 0 | 0 | $652696 | $1.2M |
| Deuda Neta | $420214 | $148664 | -$8482 | $286221 | $444186 | -$11.1M | -$6.0M | -$10.4M | -$10.0M | -$2.0M |
| Capital Circulante | -$272120 | $168679 | -$9788 | -$63638 | $10572 | $11.3M | $7.1M | $13.5M | $11.8M | $1.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $933328 | $3.2M | $447453 | $1.8M |
| Activos Totales | $11.4M | $11.4M | $11.0M | $13.0M |
| Pasivos Totales | $4.9M | $4.7M | $7.3M | $10.0M |
| Patrimonio Neto | $6.5M | $6.7M | $3.7M | $3.0M |
| Deuda Total | $1.4M | $1.2M | $1.7M | $4.1M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$123762 | $404353 | -$679078 | -$514916 | $40337 | -$3.2M | -$4.7M | -$8.1M | -$12.4M | -$21.0M |
| Amortizaciones | $32371 | $36446 | $19963 | $5633 | $911 | $46050 | $67573 | $85816 | $226039 | $752026 |
| Compensación en Acciones | $207815 | 0 | $480649 | $80000 | $328 | $204217 | $610741 | $925181 | $1.2M | $3.5M |
| Cambio en Capital Circulante | $17446 | -$169249 | $335612 | $65402 | $16854 | -$326442 | -$937015 | -$2.0M | -$44310 | $1.9M |
| Flujo de Caja Operativo | $146754 | $271550 | $157146 | -$287449 | $64759 | -$1.8M | -$4.9M | -$9.0M | -$10.6M | -$14.3M |
| Inversiones (CapEx) | 0 | 0 | 0 | 0 | 0 | -$1190 | -$196859 | -$111715 | -$653544 | -$1.9M |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | $113760 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -$649980 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $146754 | $271550 | $157146 | -$287449 | $64759 | -$1.8M | -$5.1M | -$9.1M | -$11.2M | -$16.2M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$2.6M | -$4.1M | -$2.5M | $210965 |
| Inversiones (CapEx) | -$456969 | -$539418 | -$345949 | -$907491 |
| Flujo de Caja Libre | -$3.0M | -$4.7M | -$2.9M | -$696526 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $814017 | $1.5M | $1.3M | $609921 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +45.1% | -77.7% | -87.4% | +260.7% | -44.4% | +6169.3% | -75.3% | -40.1% | -51.7% |
| Crecimiento Beneficio Neto (anual) | | +426.7% | -267.9% | +24.2% | +107.8% | -7945.4% | -48.2% | -72.8% | -53.4% | -68.7% |
| Crecimiento BPA (anual) | | +356.4% | -314.0% | +19.2% | +103.5% | -5766.7% | -8.8% | -67.6% | -48.4% | -50.0% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.0% | -6.2% | +215.5% | +34.7% | +2.9% | +3.2% | +13.2% |
| Crecimiento FCF (anual) | | +85.0% | -42.1% | -282.9% | +122.5% | -2944.6% | -179.3% | -77.8% | -22.9% | -44.3% |
| Margen Bruto | 100.0% | 100.0% | 100.0% | 100.0% | 83.5% | 100.0% | 11.2% | -149.0% | -204.9% | -1093.5% |
| Margen Operativo | -10.5% | 50.6% | -357.7% | -1718.5% | -13.5% | -6582.1% | -157.7% | -1161.8% | -2874.3% | -9834.2% |
| Margen EBITDA | -5.0% | 55.0% | -346.4% | -1983.2% | -12.4% | -6483.5% | -153.3% | -1077.7% | -2828.5% | -9385.3% |
| Margen Neto | -21.1% | 47.4% | -357.2% | -2145.5% | 46.6% | -6579.2% | -155.5% | -1089.3% | -2791.4% | -9754.2% |
| Margen FCF | 25.0% | 31.9% | 82.7% | -1197.7% | 74.8% | -3829.8% | -170.6% | -1229.5% | -2524.1% | -7544.9% |
| Tasa Impositiva Efectiva | -0.0% | 0.0% | 0.1% | -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 | $0.05 | $0.09 | $0.05 | $-0.09 | $0.02 | $-0.20 | $-0.41 | $-0.70 | $-0.84 | $-1.07 |
| 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) | $3.2M | $3.2M | $3.2M | $3.2M | $3.0M | $9.4M | $12.7M | $13.0M | $13.4M | $15.2M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | -311.90% |
| Rentabilidad sobre capital invertido | -265.02% |
| Rentabilidad sobre activos | -183.91% |
| Margen bruto | -1093.48% |
| Margen operativo | -9834.15% |
| Margen neto | -9754.16% |
Salud financiera
| Deuda / Patrimonio | 0.18 |
| Ratio corriente | 1.40 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -33.33 | 12.00 | -2.34 | -5.20 | 1400.00 | -83.82 | -77.30 | -22.90 | -7.42 | -1.48 |
| P/VC | -29.29 | 14.46 | 24.41 | -7.73 | 2224.49 | 21.73 | 43.88 | 12.55 | 5.94 | 4.62 |
| P/V | 7.02 | 4.47 | 8.35 | 119.06 | 289.08 | 5569.82 | 120.11 | 248.84 | 206.22 | 144.49 |
| Margen Bruto | 100.0% | 100.0% | 100.0% | 100.0% | 83.5% | 100.0% | 11.2% | -149.0% | -204.9% | -1093.5% |
| Margen Operativo | -10.5% | 50.6% | -357.7% | -1718.5% | -13.5% | -6582.1% | -157.7% | -1161.8% | -2874.3% | -9834.2% |
| Margen Neto | -21.1% | 47.4% | -357.2% | -2145.5% | 46.6% | -6579.2% | -155.5% | -1089.3% | -2791.4% | -9754.2% |