Becle, S.A.B. de C.V (CUERVO.MX) Financial Statements
Price: $17.72
Market Cap: $63.64B
Avg Volume: 3.57M
Market Cap: $63.64B
Avg Volume: 3.57M
Country: MX
Industry: Beverages - Wineries & Distilleries
Sector: Consumer Defensive
Industry: Beverages - Wineries & Distilleries
Sector: Consumer Defensive
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Becle, S.A.B. de C.V.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $43.96B | $44.35B | $45.73B | $39.42B | $35.04B | $29.70B | $28.16B | $25.96B | $24.40B | $18.47B |
| Cost of Revenue | $20.45B | $21.87B | $20.64B | $18.15B | $16.79B | $14.04B | $11.97B | $9.84B | $9.94B | $7.22B |
| Gross Profit | $23.51B | $22.48B | $25.09B | $21.27B | $18.25B | $15.67B | $16.18B | $16.12B | $14.46B | $11.25B |
| Gross Profit Ratio | 53.48% | 50.68% | 54.86% | 54.00% | 52.08% | 52.74% | 57.47% | 62.11% | 59.27% | 60.90% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $4.81B | $4.25B | $2.29B | $2.07B | $1.97B | $1.75B | $1.82B | $1.66B | $1.44B | $1.08B |
| Selling and Marketing Expenses | $10.93B | $11.91B | $13.94B | $12.13B | $9.47B | $8.66B | $8.76B | $7.52B | $7.56B | $5.44B |
| Selling General and Administrative Expenses | $15.74B | $16.16B | $16.23B | $14.21B | $11.45B | $10.42B | $10.58B | $9.18B | $9.00B | $6.53B |
| Other Expenses | $8.00M | $77.79M | $34.50M | $54.92M | $91.59M | $159.79M | $-59.62M | $-598.28M | $-430.43M | $-423.49M |
| Operating Expenses | $15.75B | $16.24B | $16.23B | $14.21B | $11.45B | $10.42B | $10.58B | $9.18B | $9.00B | $6.53B |
| Cost and Expenses | $36.20B | $38.12B | $36.87B | $32.35B | $28.24B | $24.45B | $22.56B | $19.02B | $18.93B | $13.75B |
| Interest Income | $451.00M | $239.63M | $143.05M | $250.67M | $143.67M | $191.32M | $193.10M | $109.76M | $49.36M | $7.87M |
| Interest Expense | $1.35B | $1.10B | $849.53M | $698.71M | $544.81M | $528.55M | $431.56M | $485.49M | $394.20M | $136.47M |
| Depreciation and Amortization | $1.14B | $1.07B | $778.14M | $614.05M | $714.46M | $685.42M | $530.69M | $435.01M | $451.47M | $244.13M |
| EBITDA | $7.71B | $8.15B | $9.90B | $8.22B | $8.11B | $6.36B | $6.12B | $6.88B | $5.53B | $8.00B |
| EBITDA Ratio | 17.54% | 18.37% | 21.94% | 21.37% | 22.29% | 21.42% | 21.69% | 26.49% | 22.68% | 24.64% |
| Operating Income | $7.76B | $6.24B | $8.89B | $7.12B | $6.89B | $5.41B | $5.54B | $6.74B | $5.62B | $4.62B |
| Operating Income Ratio | 17.66% | 14.06% | 19.44% | 18.07% | 19.67% | 18.21% | 19.68% | 25.95% | 23.05% | 25.01% |
| Total Other Income Expenses Net | $-2.54B | $-50.33M | $-658.61M | $-213.60M | $-38.41M | $-262.77M | $-396.47M | $-780.32M | $-935.71M | $3.00B |
| Income Before Tax | $5.22B | $6.19B | $8.23B | $6.91B | $6.85B | $5.15B | $5.15B | $5.96B | $4.69B | $7.62B |
| Income Before Tax Ratio | 11.88% | 13.95% | 18.00% | 17.52% | 19.56% | 17.33% | 18.28% | 22.94% | 19.22% | 41.24% |
| Income Tax Expense | $1.26B | $1.45B | $2.35B | $1.87B | $1.70B | $1.43B | $1.11B | $757.75M | $1.54B | $2.31B |
| Net Income | $3.95B | $4.72B | $5.86B | $5.02B | $5.15B | $3.71B | $4.02B | $5.19B | $3.15B | $5.31B |
| Net Income Ratio | 8.99% | 10.63% | 12.81% | 12.73% | 14.69% | 12.50% | 14.29% | 20.01% | 12.90% | 28.73% |
| EPS | $1.10 | $1.31 | $1.63 | $1.40 | $1.43 | $1.04 | $1.12 | $1.48 | $0.88 | $1.48 |
| EPS Diluted | $1.10 | $1.31 | $1.63 | $1.40 | $1.43 | $1.04 | $1.12 | $1.48 | $0.88 | $1.48 |
| Weighted Average Shares Outstanding | 3.59B | 3.59B | 3.59B | 3.59B | 3.59B | 3.59B | 3.58B | 3.51B | 3.58B | 3.58B |
| Weighted Average Shares Outstanding Diluted | 3.59B | 3.59B | 3.59B | 3.59B | 3.59B | 3.59B | 3.59B | 3.51B | 3.58B | 3.58B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $10.69B | $6.37B | $4.52B | $12.79B | $7.65B | $9.63B | $12.03B | $20.00B | $5.13B | $4.14B |
| Short Term Investments | $33.00M | $29.56M | $- | $-6.30B | $303.74M | $-2.97B | $-287.65M | $-102.86M | $- | $- |
| Cash and Short Term Investments | $10.72B | $6.40B | $4.52B | $12.79B | $7.95B | $9.63B | $12.03B | $20.00B | $5.13B | $4.14B |
| Net Receivables | $- | $13.82B | $14.17B | $11.26B | $11.19B | $10.82B | $10.23B | $8.50B | $7.97B | $6.13B |
| Inventory | $15.90B | $16.94B | $19.55B | $13.03B | $11.49B | $10.35B | $8.16B | $7.42B | $5.94B | $4.35B |
| Other Current Assets | $15.19B | $14.76B | $1.24B | $1.08B | $1.00B | $850.90M | $777.22M | $9.18B | $683.56M | $440.42M |
| Total Current Assets | $41.81B | $38.09B | $39.48B | $38.16B | $31.63B | $31.65B | $31.23B | $36.60B | $19.73B | $15.07B |
| Property Plant Equipment Net | $20.10B | $28.40B | $16.75B | $14.23B | $12.52B | $8.99B | $5.51B | $5.28B | $4.64B | $4.00B |
| Goodwill | $6.63B | $5.54B | $6.02B | $6.99B | $6.89B | $6.25B | $6.35B | $6.27B | $5.99B | $5.51B |
| Intangible Assets | $20.00B | $16.92B | $18.85B | $20.63B | $15.45B | $14.23B | $14.66B | $11.36B | $11.77B | $10.40B |
| Goodwill and Intangible Assets | $26.63B | $22.45B | $24.87B | $27.62B | $22.34B | $20.48B | $21.02B | $17.64B | $17.76B | $15.91B |
| Long Term Investments | $1.44B | $972.59M | $577.93M | $6.95B | $1.28B | $3.24B | $599.04M | $192.87M | $66.36M | $-706.36M |
| Tax Assets | $4.86B | $2.43B | $2.09B | $1.93B | $2.36B | $1.31B | $1.45B | $944.38M | $1.03B | $706.36M |
| Other Non-Current Assets | $18.41B | $6.88B | $14.10B | $6.65B | $11.46B | $5.05B | $6.91B | $4.28B | $2.46B | $3.66B |
| Total Non-Current Assets | $71.44B | $61.13B | $58.38B | $57.38B | $49.95B | $39.07B | $35.48B | $28.34B | $25.96B | $23.57B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $113.24B | $99.22B | $97.87B | $95.54B | $81.58B | $70.72B | $66.71B | $64.93B | $45.69B | $38.64B |
| Account Payables | $5.48B | $4.49B | $8.44B | $4.59B | $3.06B | $2.18B | $2.59B | $2.11B | $2.41B | $1.78B |
| Short Term Debt | $3.76B | $795.46M | $719.62M | $890.22M | $666.10M | $491.71M | $48.18M | $48.31M | $53.14M | $45.71M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $2.41B | $2.15B | $1.74B | $1.46B |
| Other Current Liabilities | $6.59B | $6.52B | $6.34B | $6.67B | $4.98B | $4.01B | $2.45B | $803.58M | $256.56M | $766.65M |
| Total Current Liabilities | $15.84B | $11.81B | $15.50B | $12.16B | $8.71B | $6.69B | $5.09B | $5.10B | $4.46B | $4.05B |
| Long Term Debt | $25.25B | $26.25B | $19.92B | $20.34B | $11.75B | $11.05B | $9.75B | $9.66B | $10.21B | $8.39B |
| Deferred Revenue Non-Current | $- | $- | $- | $140.31M | $126.41M | $117.92M | $-10.67B | $124.75M | $117.76M | $97.02M |
| Deferred Tax Liabilities Non-Current | $4.94B | $3.17B | $3.58B | $3.77B | $5.74B | $4.09B | $3.57B | $2.82B | $2.76B | $2.36B |
| Other Non-Current Liabilities | $416.00M | $358.31M | $446.69M | $692.86M | $508.40M | $190.82M | $435.16M | $118.64M | $95.06M | $1.00K |
| Total Non-Current Liabilities | $30.61B | $29.78B | $23.94B | $24.94B | $18.13B | $15.45B | $13.75B | $12.84B | $13.18B | $10.94B |
| Other Liabilities | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $46.45B | $41.59B | $39.44B | $37.10B | $26.84B | $22.13B | $18.84B | $17.95B | $17.64B | $14.99B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $11.28B | $11.28B | $11.28B | $11.28B | $11.51B | $28.05B | $28.05B | $6.35B | $11.05B |
| Retained Earnings | $- | $29.50B | $26.55B | $22.09B | $18.62B | $11.88B | $14.59B | $12.75B | $12.12B | $9.05B |
| Accumulated Other Comprehensive Income Loss | $- | $- | $5.98B | $10.49B | $10.28B | $9.76B | $5.17B | $6.14B | $5.85B | $3.55B |
| Other Total Stockholders Equity | $66.72B | $16.72B | $14.49B | $14.49B | $14.49B | $15.36B | $16.43B | $- | $9.69B | $475.88M |
| Total Stockholders Equity | $66.72B | $57.50B | $58.31B | $58.35B | $54.67B | $48.52B | $47.81B | $46.93B | $28.02B | $23.65B |
| Total Equity | $66.80B | $57.64B | $58.42B | $58.44B | $54.75B | $48.59B | $47.87B | $46.99B | $28.05B | $23.65B |
| Total Liabilities and Stockholders Equity | $113.24B | $99.22B | $97.87B | $95.54B | $81.58B | $70.72B | $66.71B | $64.93B | $45.69B | $38.64B |
| Minority Interest | $72.00M | $135.43M | $117.44M | $92.78M | $78.64M | $72.62M | $66.79M | $54.08M | $29.97M | $- |
| Total Liabilities and Total Equity | $113.24B | $99.22B | $97.87B | $95.54B | $81.58B | $70.72B | $66.71B | $64.93B | $45.69B | $38.64B |
| Total Investments | $1.47B | $1.00B | $577.93M | $648.35M | $1.58B | $267.13M | $311.40M | $90.01M | $66.36M | $-706.36M |
| Total Debt | $29.02B | $27.05B | $20.64B | $21.23B | $12.42B | $11.54B | $9.79B | $9.78B | $10.21B | $8.49B |
| Net Debt | $18.33B | $20.68B | $16.12B | $8.43B | $4.77B | $1.91B | $-2.23B | $-10.22B | $5.08B | $4.35B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $5.22B | $4.72B | $8.23B | $6.91B | $6.85B | $5.15B | $5.15B | $5.96B | $4.69B | $7.62B |
| Depreciation and Amortization | $1.14B | $819.25M | $953.39M | $816.97M | $714.46M | $685.42M | $530.69M | $435.01M | $451.47M | $244.13M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $3.71B | $-2.99B | $-7.83B | $-177.57M | $-3.13B | $-3.43B | $-4.73B | $-2.22B | $-2.98B | $-1.51B |
| Accounts Receivables | $922.00M | $1.22B | $-2.76B | $-634.01M | $-470.42M | $-1.11B | $-1.88B | $-356.58M | $-2.00B | $-1.01B |
| Inventory | $1.81B | $-1.46B | $-8.90B | $-3.18B | $-3.71B | $-3.64B | $-2.86B | $-2.10B | $-1.56B | $-966.40M |
| Accounts Payables | $- | $-3.77B | $3.91B | $1.35B | $738.87M | $-370.72M | $284.12M | $-355.90M | $631.92M | $817.29M |
| Other Working Capital | $982.00M | $1.03B | $-77.34M | $2.29B | $312.96M | $1.70B | $-1.87B | $-115.10M | $-1.42B | $-541.25M |
| Other Non Cash Items | $948.00M | $-2.27B | $-3.10B | $-3.21B | $-696.71M | $-33.42M | $-1.13B | $-1.75B | $1.28B | $-4.13B |
| Net Cash Provided by Operating Activities | $11.02B | $274.36M | $-1.74B | $4.34B | $3.75B | $2.37B | $-179.22M | $2.42B | $3.44B | $2.22B |
| Investments in Property Plant and Equipment | $-2.21B | $-3.12B | $-3.92B | $-5.25B | $-3.64B | $-2.23B | $-999.99M | $-1.07B | $-1.03B | $-584.72M |
| Acquisitions Net | $-155.00M | $-584.00M | $-7.63M | $-475.97M | $-1.59B | $265.94M | $-4.45B | $-220.74M | $-66.36M | $-6.25B |
| Purchases of Investments | $- | $- | $- | $-475.97M | $- | $-265.94M | $-230.83M | $-31.17M | $-66.36M | $-90.91M |
| Sales Maturities of Investments | $- | $- | $- | $475.97M | $- | $265.94M | $- | $- | $- | $57.76M |
| Other Investing Activities | $451.00M | $-96.64M | $143.05M | $69.09M | $159.32M | $203.33M | $200.88M | $132.19M | $-25.96M | $98.79M |
| Net Cash Used for Investing Activities | $-1.91B | $-3.80B | $-3.79B | $-5.66B | $-5.07B | $-1.76B | $-5.25B | $-1.15B | $-1.13B | $-6.77B |
| Debt Repayment | $-2.30B | $8.77B | $- | $8.38B | $- | $- | $- | $- | $- | $6.59B |
| Common Stock Issued | $- | $- | $- | $- | $114.98M | $155.28M | $- | $18.00B | $1.21B | $57.76M |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $-230.70M | $-1.95B | $- | $- |
| Dividends Paid | $-1.50B | $-1.76B | $-1.51B | $-1.55B | $-543.53M | $-1.96B | $-1.82B | $-2.60B | $- | $-2.06B |
| Other Financing Activities | $-2.12B | $-1.08B | $-1.32B | $-852.76M | $-889.84M | $-802.48M | $-431.69M | $-380.38M | $-331.76M | $57.76M |
| Net Cash Used Provided by Financing Activities | $-5.91B | $5.92B | $-2.83B | $5.98B | $-1.32B | $-2.61B | $-2.48B | $13.07B | $-1.33B | $4.45B |
| Effect of Forex Changes on Cash | $1.12B | $-553.00M | $68.87M | $478.48M | $647.37M | $-401.50M | $-62.49M | $527.85M | $- | $78.75M |
| Net Change in Cash | $4.32B | $1.85B | $-8.27B | $5.14B | $-1.98B | $-2.40B | $-7.97B | $14.87B | $988.75M | $-18.48M |
| Cash at End of Period | $10.69B | $6.37B | $4.52B | $12.79B | $7.65B | $9.63B | $12.03B | $20.00B | $5.13B | $4.14B |
| Cash at Beginning of Period | $6.37B | $4.52B | $12.79B | $7.65B | $9.63B | $12.03B | $20.00B | $5.13B | $4.14B | $4.16B |
| Operating Cash Flow | $11.02B | $274.36M | $-1.74B | $4.34B | $3.75B | $2.37B | $-179.22M | $2.42B | $3.44B | $2.22B |
| Capital Expenditure | $-2.21B | $-3.21B | $-3.92B | $-5.25B | $-3.64B | $-2.23B | $-999.99M | $-1.07B | $-1.03B | $-584.72M |
| Free Cash Flow | $8.81B | $-2.94B | $-5.67B | $-911.16M | $109.73M | $141.90M | $-1.18B | $1.36B | $2.41B | $1.64B |