Estados financieros detallados de None (SURG): 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
None registró ingresos de $57.0M en el último ejercicio fiscal, con un CAGR de 5 años del 0.9%.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $3.3M | $13.5M | $15.2M | $25.7M | $54.4M | $51.1M | $121.5M | $137.1M | $60.9M | $57.0M |
| Coste de Ventas | $2.8M | $8.1M | $8.6M | $22.6M | $51.9M | $44.9M | $108.1M | $101.5M | $75.2M | $67.6M |
| Beneficio Bruto | $535162 | $5.4M | $6.7M | $3.1M | $2.5M | $6.2M | $13.5M | $35.6M | -$14.3M | -$10.6M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $3.3M | $5.2M | $8.1M | $9.7M | $9.7M | $11.4M | $11.9M | $15.7M | $26.3M | $20.1M |
| Gastos Operativos | $3.3M | $5.2M | $8.2M | $10.9M | $12.6M | $12.2M | $12.8M | $16.8M | $27.5M | $23.5M |
| Beneficio Operativo | -$2.7M | $204285 | -$1.5M | -$7.8M | -$10.1M | -$6.0M | $633785 | $18.9M | -$41.8M | -$34.1M |
| EBITDA | -$2.5M | $211224 | -$1.2M | -$7.9M | -$5.4M | -$5.1M | $2.4M | $20.1M | -$41.2M | -$33.0M |
| Gastos por Intereses | $1.7M | $24021 | $140457 | $227016 | $4.0M | $7.5M | $2.0M | $595975 | $554200 | $2.0M |
| Beneficio Antes de Impuestos | -$4.6M | $2.8M | -$1.5M | -$8.4M | -$10.7M | -$13.5M | -$553228 | $18.4M | -$43.1M | -$36.1M |
| Impuestos | 0 | 0 | $82230 | 0 | 0 | 0 | 0 | -$2.3M | $2.9M | 0 |
| Beneficio Neto | -$4.6M | $2.8M | -$1.5M | -$8.4M | -$10.7M | -$13.5M | -$680763 | $20.6M | -$45.7M | -$36.1M |
| BPA | $-5.13 | $1.82 | $-0.94 | $-4.27 | $-5.02 | $-3.09 | $-0.05 | $1.45 | $-2.39 | $-1.80 |
| BPA Diluido | $-5.13 | $1.82 | $-0.94 | $-4.27 | $-5.02 | $-3.09 | $-0.05 | $1.38 | $-2.39 | $-1.80 |
| Acciones en Circulación (Diluidas) | $895926 | $1.5M | $1.6M | $1.9M | $2.1M | $4.4M | $12.4M | $14.9M | $19.1M | $20.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q2 | 2026-Q2 |
|---|
| Ingresos | $18.7M | $16.2M | $16.0M | $16.2M |
| Beneficio Bruto | -$2.6M | -$2.4M | -$7.7M | -$425170 |
| Beneficio Operativo | -$7.0M | -$12.8M | -$11.2M | -$5.1M |
| EBITDA | -$7.1M | -$12.5M | -$10.9M | -$5.1M |
| Beneficio Neto | -$7.5M | -$13.9M | -$12.1M | $1.3M |
| BPA | $-0.38 | $-0.68 | $-0.51 | $0.05 |
| BPA Diluido | $-0.38 | $-0.68 | $-0.51 | $0.05 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $63709 | $1.3M | $444612 | $346040 | $673995 | $6.3M | $7.0M | $14.6M | $11.8M | $1.7M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $126428 | $1.2M | $1.2M | $3.1M | $393120 | $3.2M | $9.2M | $9.5M | $3.0M | $4.0M |
| Inventario | 0 | $520165 | $10862 | -$172.63B | $178309 | $4.4M | $11.2M | $9.0M | $1.8M | $339570 |
| Activos Corrientes | $758837 | $3.0M | $3.1M | $3.6M | $1.3M | $13.9M | $27.6M | $33.4M | $17.9M | $7.0M |
| Inmovilizado Material | $14432 | $157444 | $34990 | $505432 | $605448 | $687116 | $1.1M | $749710 | $1.2M | $716927 |
| Fondo de Comercio | $866782 | $866782 | $866782 | $866782 | $866782 | $866782 | $1.7M | $1.7M | $3.3M | 0 |
| Activos Intangibles | $217195 | $101921 | $65269 | $4.8M | $4.1M | $3.4M | $3.2M | $2.7M | $1.5M | $819153 |
| Activos Totales | $2.4M | $3.1M | $4.1M | $10.0M | $7.3M | $19.5M | $34.0M | $41.9M | $24.0M | $8.5M |
| Cuentas por Pagar | $775624 | $160367 | $3.3M | $4.6M | $7.3M | $7.4M | $5.8M | $6.4M | $3.9M | $10.2M |
| Deuda a Corto | $1.8M | $779241 | $582500 | $1.6M | $5.8M | $1.7M | $2.7M | $4.6M | $1.7M | $7.6M |
| Pasivos Corrientes | $4.1M | $2.5M | $4.8M | $7.1M | $15.3M | $10.0M | $23.5M | $12.7M | $6.1M | $18.2M |
| Deuda a Largo | $112401 | 0 | $680000 | $6.6M | $1.7M | $5.5M | $5.0M | $460523 | $2.3M | $5.6M |
| Pasivos Totales | $4.2M | $2.5M | $6.1M | $14.7M | $18.1M | $15.9M | $28.9M | $13.5M | $8.7M | $23.9M |
| Reservas | -$6.0M | -$617240 | -$2.4M | -$10.9M | -$21.6M | -$35.1M | -$35.8M | -$15.2M | -$60.9M | -$97.0M |
| Patrimonio Neto | -$1.8M | -$617240 | -$2.0M | -$4.7M | -$10.7M | $3.6M | $5.0M | $28.2M | $15.3M | -$15.4M |
| Deuda Total | $2.0M | $779241 | $1.3M | $8.5M | $7.7M | $7.7M | $8.1M | $5.4M | $4.6M | $13.6M |
| Deuda Neta | $1.9M | -$494919 | $817888 | $8.2M | $7.0M | $1.4M | $1.1M | -$9.2M | -$7.2M | $11.9M |
| Capital Circulante | -$3.3M | $502953 | -$1.7M | -$3.5M | -$14.1M | $3.9M | $4.1M | $20.7M | $11.8M | -$11.2M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q2 | 2026-Q2 |
|---|
| Caja y Equivalentes | $2.7M | $1.7M | $2.4M | $2.4M |
| Activos Totales | $14.5M | $8.5M | $9.5M | $9.2M |
| Pasivos Totales | $20.9M | $23.9M | $33.4M | $30.0M |
| Patrimonio Neto | -$6.4M | -$15.4M | -$23.8M | -$20.7M |
| Deuda Total | $12.4M | $13.6M | $15.5M | $17.9M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$4.6M | -$2.0M | -$1.5M | -$8.4M | -$10.7M | -$13.5M | -$553228 | $20.6M | -$45.9M | -$36.1M |
| Amortizaciones | $433118 | $119262 | $149642 | $282930 | $1.4M | $917468 | $988700 | $1.1M | $1.3M | $1.1M |
| Compensación en Acciones | 0 | 0 | $157907 | $329574 | $182968 | $3575 | $140676 | $566710 | $8.4M | $939990 |
| Cambio en Capital Circulante | $248722 | -$236628 | $197365 | -$152182 | $3.9M | -$2.7M | $178754 | -$13.9M | $13.2M | $6.1M |
| Flujo de Caja Operativo | -$641877 | -$604109 | -$1.0M | -$6.5M | -$4.3M | -$15.3M | $793272 | $10.3M | -$21.3M | -$21.3M |
| Inversiones (CapEx) | -$3000 | -$147000 | -$331803 | -$227630 | -$6605 | -$51408 | -$698582 | -$281304 | -$518189 | -$18590 |
| Adquisiciones | 0 | 0 | $243768 | $210348 | 0 | -$325316 | -$800000 | 0 | -$2.5M | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | -$500000 | 0 | 0 | 0 | -$631967 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$644877 | -$751109 | -$1.3M | -$6.8M | -$4.3M | -$15.3M | $94690 | $10.0M | -$21.8M | -$21.3M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$4.6M | -$3.6M | -$4.6M | -$2.6M |
| Inversiones (CapEx) | -$4 | -$3 | 0 | $2.6M |
| Flujo de Caja Libre | -$4.6M | -$3.6M | -$4.6M | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $215887 | $2.1M | $7787 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +308.3% | +13.3% | +68.9% | +111.3% | -6.2% | +138.0% | +12.8% | -55.6% | -6.4% |
| Crecimiento Beneficio Neto (anual) | | +160.2% | -155.7% | -448.1% | -26.9% | -26.2% | +95.0% | +3128.6% | -321.8% | +21.1% |
| Crecimiento BPA (anual) | | +135.5% | -151.6% | -354.3% | -17.6% | +38.4% | +98.2% | +2741.2% | -264.8% | +24.7% |
| Cambio en Acciones (anual) | | +70.1% | +7.1% | +17.9% | +11.0% | +105.3% | +182.9% | +20.4% | +28.1% | +5.1% |
| Crecimiento FCF (anual) | | -16.5% | -79.4% | -401.8% | +35.9% | -254.0% | +100.6% | +10467.2% | -318.2% | +2.4% |
| Margen Bruto | 16.2% | 39.9% | 43.8% | 12.1% | 4.5% | 12.1% | 11.1% | 26.0% | -23.5% | -18.6% |
| Margen Operativo | -82.9% | 1.5% | -10.1% | -30.2% | -18.6% | -11.7% | 0.5% | 13.8% | -68.6% | -59.9% |
| Margen EBITDA | -76.0% | 1.6% | -7.7% | -30.8% | -9.9% | -10.0% | 2.0% | 14.6% | -67.7% | -57.9% |
| Margen Neto | -139.5% | 20.6% | -10.1% | -32.8% | -19.7% | -26.5% | -0.6% | 15.0% | -75.1% | -63.3% |
| Margen FCF | -19.6% | -5.6% | -8.8% | -26.3% | -8.0% | -30.0% | 0.1% | 7.3% | -35.9% | -37.4% |
| Tasa Impositiva Efectiva | -0.0% | 0.0% | -5.6% | -0.0% | -0.0% | -0.0% | -0.0% | -12.3% | -6.7% | -0.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.72 | $-0.49 | $-0.83 | $-3.51 | $-2.03 | $-3.50 | $0.01 | $0.67 | $-1.14 | $-1.06 |
| 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) | $895926 | $1.5M | $1.6M | $1.9M | $2.1M | $4.4M | $12.4M | $14.3M | $19.1M | $20.1M |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -11.60 | 32.69 | -20.21 | -3.51 | -1.17 | -0.65 | -119.49 | 4.45 | -0.74 | -0.93 |
| P/VC | -29.37 | -146.88 | -15.59 | -6.14 | -1.17 | 2.49 | 16.29 | 3.26 | 2.22 | -2.18 |
| P/V | 16.17 | 6.74 | 2.03 | 1.12 | 0.23 | 0.17 | 0.67 | 0.67 | 0.56 | 0.59 |
| Margen Bruto | 16.2% | 39.9% | 43.8% | 12.1% | 4.5% | 12.1% | 11.1% | 26.0% | -23.5% | -18.6% |
| Margen Operativo | -82.9% | 1.5% | -10.1% | -30.2% | -18.6% | -11.7% | 0.5% | 13.8% | -68.6% | -59.9% |
| Margen Neto | -139.5% | 20.6% | -10.1% | -32.8% | -19.7% | -26.5% | -0.6% | 15.0% | -75.1% | -63.3% |