Estados financieros detallados de Streamex Corp. (STEX): 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
Márgenes de los últimos 12 meses: margen bruto -15.5%, margen operativo -675.7%, margen neto -3430.4%.
Al precio actual de $0.61, STEX presenta beneficios negativos (P/E no significativo) y un ROE del -464.77%. La capitalización bursátil es de $63M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | 0 | $441000 | $286000 | $18000 | $40000 | 0 |
| Coste de Ventas | $550000 | $199000 | $57000 | 0 | 0 | 0 |
| Beneficio Bruto | -$550000 | $242000 | $229000 | $18000 | $40000 | 0 |
| I+D | $13.3M | $5.6M | $5.8M | $5.1M | $832000 | $31000 |
| Generales y Administrativos | $40.5M | $27.9M | $21.4M | $23.1M | $11.6M | $67.5M |
| Gastos Operativos | $53.8M | $33.7M | $27.5M | $28.5M | $12.9M | $71.1M |
| Beneficio Operativo | -$54.3M | -$33.4M | -$27.3M | -$28.5M | -$12.9M | -$71.1M |
| EBITDA | -$58.6M | -$33.2M | -$27.0M | -$28.2M | -$12.4M | -$458.9M |
| Gastos por Intereses | 0 | 0 | 0 | 0 | $11000 | $1.6M |
| Beneficio Antes de Impuestos | -$59.1M | -$32.9M | -$27.3M | -$28.7M | -$10.3M | -$464.0M |
| Impuestos | 0 | 0 | 0 | 0 | 0 | -$1.2M |
| Beneficio Neto | -$52.2M | -$31.9M | -$27.1M | -$29.0M | -$10.3M | -$462.8M |
| BPA | $-18.72 | $-9.53 | $-6.33 | $-3.95 | $-0.75 | $-9.65 |
| BPA Diluido | $-18.72 | $-9.53 | $-6.33 | $-3.95 | $-0.75 | $-9.65 |
| Acciones en Circulación (Diluidas) | $2.8M | $3.4M | $4.3M | $7.4M | $14.0M | $48.0M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | 0 | 0 | 0 | $146000 |
| Beneficio Bruto | -$1.5M | $2.0M | -$1.5M | -$1.3M |
| Beneficio Operativo | -$6.1M | -$41.6M | -$35.7M | -$15.2M |
| EBITDA | -$14.9M | -$431.5M | -$34.3M | -$13.7M |
| Beneficio Neto | -$15.6M | -$424.0M | -$46.7M | -$14.6M |
| BPA | $-0.47 | $-8.84 | $-0.97 | $-0.08 |
| BPA Diluido | $-0.47 | $-8.84 | $-0.97 | $-0.08 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $28.3M | $11.7M | $357000 | $190000 | $142000 | $20.3M |
| Inversiones a Corto | 0 | 0 | $101000 | $103000 | $13000 | $9.7M |
| Cuentas por Cobrar | 0 | 0 | $9000 | $24000 | $109000 | $62000 |
| Inventario | $768000 | $1.9M | $336000 | 0 | 0 | 0 |
| Activos Corrientes | $29.3M | $13.9M | $1.1M | $528000 | $344000 | $71.9M |
| Inmovilizado Material | $595000 | $1.3M | $1.5M | $938000 | $185000 | $25000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | $71.0M |
| Activos Intangibles | $347000 | $327000 | $308000 | $289000 | $270000 | $44.6M |
| Activos Totales | $30.4M | $15.5M | $4.1M | $1.8M | $842000 | $187.5M |
| Cuentas por Pagar | 0 | 0 | 0 | 0 | 0 | 0 |
| Deuda a Corto | $313000 | 0 | 0 | 0 | 0 | $38.0M |
| Pasivos Corrientes | $5.1M | $2.6M | $3.3M | $4.6M | $2.3M | $42.8M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $5.1M | $3.0M | $3.7M | $4.7M | $2.3M | $54.2M |
| Reservas | -$157.0M | -$188.9M | -$216.0M | -$245.0M | -$255.3M | -$718.1M |
| Patrimonio Neto | $24.5M | $12.3M | $418000 | -$2.9M | -$1.4M | $133.2M |
| Deuda Total | $314000 | $656000 | $765000 | $452000 | $102000 | $38.0M |
| Deuda Neta | -$28.0M | -$11.0M | $307000 | $159000 | -$53000 | $8.0M |
| Capital Circulante | $24.2M | $11.3M | -$2.1M | -$4.1M | -$1.9M | $29.1M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $11.0M | $20.3M | $6.9M | $5.6M |
| Activos Totales | $130.5M | $187.5M | $173.3M | $159.6M |
| Pasivos Totales | $137.3M | $54.2M | $14.0M | $12.4M |
| Patrimonio Neto | -$6.9M | $133.2M | $159.0M | $145.7M |
| Deuda Total | 0 | $38.0M | 0 | $800000 |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$52.2M | -$32.9M | -$27.3M | -$28.7M | -$10.3M | -$462.8M |
| Amortizaciones | $550000 | $198000 | $293000 | $361000 | $188000 | $3.5M |
| Compensación en Acciones | 0 | $9.5M | $4.4M | $8.0M | $7.0M | $57.1M |
| Cambio en Capital Circulante | $2.4M | -$3.5M | $464000 | $769000 | $363000 | $67000 |
| Flujo de Caja Operativo | -$26.6M | -$26.4M | -$21.7M | -$17.3M | -$4.8M | -$10.4M |
| Inversiones (CapEx) | -$87000 | -$542000 | -$168000 | -$186000 | 0 | 0 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | $366000 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$26.7M | -$26.9M | -$21.9M | -$17.5M | -$4.8M | -$10.4M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$5.0M | -$3.0M | -$10.2M | -$11.7M |
| Inversiones (CapEx) | 0 | 0 | -$14.2M | -$150000 |
| Flujo de Caja Libre | -$5.0M | -$3.0M | -$24.4M | -$11.9M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | $55.0M | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | | -35.1% | -93.7% | +122.2% | -100.0% |
| Crecimiento Beneficio Neto (anual) | | +38.9% | +15.2% | -7.4% | +64.4% | -4379.9% |
| Crecimiento BPA (anual) | | +49.1% | +33.6% | +37.6% | +81.0% | -1186.7% |
| Cambio en Acciones (anual) | | +20.1% | +28.5% | +70.7% | +91.0% | +241.6% |
| Crecimiento FCF (anual) | | -0.9% | +18.8% | +20.0% | +72.8% | -119.4% |
| Margen Bruto | | 54.9% | 80.1% | 100.0% | 100.0% | |
| Margen Operativo | | -7576.2% | -9533.2% | -158400.0% | -32155.0% | |
| Margen EBITDA | | -7531.3% | -9430.8% | -156394.4% | -31052.5% | |
| Margen Neto | | -7237.4% | -9458.7% | -161338.9% | -25825.0% | |
| Margen FCF | | -6109.1% | -7647.9% | -97216.7% | -11895.0% | |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | 0.3% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-9.56 | $-8.04 | $-5.08 | $-2.38 | $-0.34 | $-0.22 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $2.8M | $3.4M | $4.3M | $7.4M | $14.0M | $48.0M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | -464.77% |
| Rentabilidad sobre capital invertido | -62.15% |
| Rentabilidad sobre activos | -313.84% |
| Margen bruto | -1550.00% |
| Margen operativo | -67569.86% |
| Margen neto | -343038.36% |
Salud financiera
| Deuda / Patrimonio | 0.01 |
| Ratio corriente | 20.21 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -0.33 | -0.66 | -0.99 | -1.59 | -8.36 | -0.31 |
| P/VC | 0.71 | 1.70 | 64.61 | -15.82 | -61.18 | 1.09 |
| P/V | 0.00 | 47.65 | 94.43 | 2560.87 | 2201.04 | 0.00 |
| Margen Bruto | 0.0% | 54.9% | 80.1% | 100.0% | 100.0% | 0.0% |
| Margen Operativo | 0.0% | -7576.2% | -9533.2% | -158400.0% | -32155.0% | 0.0% |
| Margen Neto | 0.0% | -7237.4% | -9458.7% | -161338.9% | -25825.0% | 0.0% |