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BWMX · NYSE · United States · Retail-Catalog & Mail-Order Houses
In shortBETTERWARE DE MEXICO, S.A.P.I. DE C.V is profitable, generates cash and carries heavy debt, with revenue growing (+8.4% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 5.0% | 40/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 54.1% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.95× | 13/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 4.14× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 12.7% | 71/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.53× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 53.5% | 0/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | 11.9% | 83/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
3 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
MXN millions; negative values in parentheses.
| Fiscal year | FY21 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 7,260 | 10,068 | 11,508 | 13,010 | 14,101 |
| Cost of revenue | 3,280 | 4,498 | 3,984 | 4,261 | 4,520 |
| Gross profit | 3,957 | 5,570 | 7,524 | 8,749 | 9,581 |
| Interest expense | 80 | 76 | 543 | 828 | 640 |
| Pre-tax income | 824 | 2,562 | 1,387 | 1,417 | 1,181 |
| Income tax | 526 | 815 | 517 | 380 | 469 |
| Net income | 298 | 1,752 | 873 | 1,039 | 712 |
| Diluted EPS | MXN8.68 | MXN46.91 | MXN23.41 | MXN27.89 | – |
| Diluted shares (millions) | 34 | 0 | 0 | 0 | 0 |
3 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 29, 2025