Financials · BWMX

Betterware de Mexico S.A.P.I. de C.V. (BWMX) financials

For fiscal 2025 (ended Dec 31, 2025), Betterware de Mexico S.A.P.I. de C.V. reported MXN 14.24B of revenue and MXN 1.06B of net income. Figures are in MXN, the currency of its SEC filings.

Revenue, FY2025
MXN 14.24B
Revenue growth, YoY
+1.0%
Net income, FY2025
MXN 1.06B
Net income growth, YoY
+49.0%
Net margin
7.4%
EPS, diluted, FY2025
MXN 28.48
EPS growth, YoY
+49.0%
Cash
MXN 328.34M
Total debt
MXN 4.11B
Annual revenueMXN 14.24B
FY2017FY2025
Annual net incomeMXN 1.06B
FY2017FY2025
Annual free cash flowMXN 2.24B
FY2017FY2023

BWMX revenue and earnings growth

BWMX revenueFY2025MXN 14.24B

FY YoY
+1.0%
5Y CAGR
+14.4%

BWMX revenue was MXN 14.24B for fiscal 2025 (ended Dec 31, 2025), up 1.0% from fiscal 2024. Compound annual growth was +14.4% over 5 years. It rose in each of the last 8 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

BWMX net incomeFY2025MXN 1.06B

FY YoY
+49.0%
5Y CAGR
+25.7%

BWMX net income was MXN 1.06B for fiscal 2025 (ended Dec 31, 2025), up 49.0% from fiscal 2024. Compound annual growth was +25.7% over 5 years. It rose in 5 of the last 8 fiscal years.

BWMX EPSFY2025MXN 28.48

FY YoY
+49.0%

BWMX diluted EPS was MXN 28.48 for fiscal 2025 (ended Dec 31, 2025), up 49.0% from fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Jan 3, 2021
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
RevenueMXN 14.24BMXN 14.10BMXN 13.01BMXN 11.51BMXN 10.07BMXN 7.26BMXN 3.08BMXN 2.32BMXN 1.45B
Cost of revenueMXN 4.76BMXN 4.52BMXN 4.26BMXN 3.98BMXN 4.50BMXN 3.29BMXN 1.28BMXN 958.47MMXN 558.11M
Gross profitMXN 9.48BMXN 9.58BMXN 8.75BMXN 7.52BMXN 5.57BMXN 3.97BMXN 1.80BMXN 1.36BMXN 891.60M
Selling, general and adminMXN 2.45BMXN 2.70BMXN 2.37BMXN 2.20BMXN 1.25BMXN 664.68MMXN 319.13MMXN 249.15MMXN 204.56M
Interest expenseMXN 541.04MMXN 639.71MMXN 827.81MMXN 543.32MMXN 75.82MMXN 80.25MMXN 85.43MMXN 86.34MMXN 118.20M
Pre-tax incomeMXN 1.72BMXN 1.18BMXN 1.42BMXN 1.39BMXN 2.56BMXN 881.13MMXN 704.83MMXN 449.45MMXN 304.63M
Income taxMXN 660.98MMXN 469.26MMXN 380.02MMXN 516.92MMXN 814.56MMXN 542.77MMXN 232.69MMXN 150.18MMXN 96.95M
Net incomeMXN 1.06BMXN 711.73MMXN 1.04BMXN 872.56MMXN 1.75BMXN 338.36MMXN 472.14MMXN 299.27MMXN 207.67M
EPS, basicMXN 28.48MXN 19.11MXN 27.90MXN 23.42MXN 47.38MXN 9.93MXN 15.63MXN 9.91-
EPS, dilutedMXN 28.48MXN 19.11MXN 27.89MXN 23.41MXN 46.91MXN 9.84MXN 15.63MXN 9.91-
Diluted shares37,24437,24437,26537,27737,33734.4M30.2M30.2M30,200

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Jan 3, 2021
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Cash and equivalentsMXN 328.34MMXN 296.56MMXN 549.73MMXN 815.64MMXN 1.18BMXN 649.82MMXN 213.70MMXN 177.38MMXN 230.85M
ReceivablesMXN 78.86MMXN 121.08M-MXN 61.0KMXN 24.0K----
InventoryMXN 2.00BMXN 2.51BMXN 2.03BMXN 2.12BMXN 1.29BMXN 1.28BMXN 345.55MMXN 302.21M-
Current assetsMXN 3.94BMXN 4.54BMXN 3.99BMXN 4.36BMXN 3.35BMXN 2.85BMXN 880.71MMXN 729.85M-
GoodwillMXN 1.60BMXN 1.60BMXN 1.60BMXN 1.60BMXN 371.07MMXN 348.44MMXN 348.44MMXN 348.44MMXN 348.44M
Total assetsMXN 9.59BMXN 10.45BMXN 11.09BMXN 11.33BMXN 5.19BMXN 4.36BMXN 1.79BMXN 1.46B-
Current liabilitiesMXN 4.29BMXN 4.76BMXN 3.83BMXN 3.12BMXN 2.45BMXN 2.87BMXN 878.36MMXN 734.44M-
Short-term debtMXN 1.02BMXN 1.16BMXN 508.73MMXN 230.42M-----
Long-term debtMXN 3.08BMXN 3.67BMXN 4.62BMXN 5.92BMXN 1.48BMXN 523.97MMXN 529.64MMXN 562.79M-
Total debtMXN 4.11BMXN 4.82BMXN 5.13BMXN 6.15BMXN 1.48BMXN 523.97MMXN 529.64MMXN 562.79M-
Total liabilitiesMXN 8.23BMXN 9.29BMXN 9.63BMXN 10.24BMXN 3.99BMXN 3.48BMXN 1.52BMXN 1.38B-
Shareholders' equityMXN 1.36BMXN 1.16BMXN 1.46BMXN 1.10BMXN 1.20BMXN 881.98MMXN 274.48MMXN 80.26MMXN 178.78M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Jan 3, 2021
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Operating cash flowMXN 2.24BMXN 1.80BMXN 2.37BMXN 1.41BMXN 1.47BMXN 1.82BMXN 605.45MMXN 338.21MMXN 372.69M
Capital expenditures--MXN 131.07MMXN 4.70BMXN 401.74MMXN 617.69MMXN 182.63MMXN 21.27MMXN 33.67M
Free cash flow--MXN 2.24B-MXN 3.29BMXN 1.06BMXN 1.20BMXN 422.82MMXN 316.95MMXN 339.02M
Investing cash flowMXN 35.32M-MXN 466.0K-MXN 65.33M-MXN 4.83B-MXN 320.38M-MXN 631.40M-MXN 175.60MMXN 13.55M-MXN 31.51M
Financing cash flow-MXN 2.24B-MXN 2.05B-MXN 2.57BMXN 3.06B-MXN 619.84M-MXN 754.73M-MXN 393.54M-MXN 405.24M-MXN 316.51M
Dividends paidMXN 850.00MMXN 998.05MMXN 648.74MMXN 949.61MMXN 1.40BMXN 830.00MMXN 342.95MMXN 235.12M-
Stock-based compensation--MXN 4.19MMXN 5.99M-MXN 32.91M---
Depreciation and amortizationMXN 389.54MMXN 392.19MMXN 382.12MMXN 287.70MMXN 82.12MMXN 43.69MMXN 38.39MMXN 25.96MMXN 24.21M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Jan 3, 2021
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Revenue growth, YoY1.0%8.4%13.1%14.3%38.7%135.4%33.1%59.8%-
Net income growth, YoY49.0%-31.5%19.1%-50.2%417.7%-28.3%57.8%44.1%-
EPS growth, YoY49.0%-31.5%19.1%-50.1%--37.0%57.7%--
Gross margin66.6%67.9%67.2%65.4%55.3%54.7%58.5%58.6%61.5%
Net margin7.4%5.0%8.0%7.6%17.4%4.7%15.3%12.9%14.3%
Free cash flow margin--17.2%-28.6%10.6%16.6%13.7%13.7%23.4%
Return on equity77.9%61.1%71.0%79.5%145.9%38.4%172.0%372.9%116.2%
Return on assets11.1%6.8%9.4%7.7%33.8%7.8%26.4%20.5%-
Current ratio0.920.951.041.391.370.991.000.99-
Debt to equity3.024.143.505.601.240.591.937.01-

Source: XBRL data Betterware de Mexico S.A.P.I. de C.V. files with the SEC, latest filing dated Apr 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

BWMX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BWMXMXN 14.24B+1.0%MXN 1.06B7.4%$655.5M
AMZN$797.46B+15.4%$134.78B16.9%$2.93T
CPNG$36.16B+7.4%-$1.36B-3.8%$29.27B
CDW$24.52B+10.9%$1.10B4.5%$21.14B
W$13.21B+7.9%-$160.00M-1.2%$15.40B
CHWY$13.07B+5.9%$273.70M2.1%$9.19B
VIPSCN¥105.92B-2.3%CN¥7.24B6.8%$6.50B
NSIT$9.02B+9.0%$181.69M2.0%$4.86B
PTRN$3.26B+42.1%$117.51M3.6%$3.50B

BWMX FAQ

8 questions
  • What is BWMX revenue?
    Betterware de Mexico S.A.P.I. de C.V. (BWMX) reported MXN 14.24B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 1.0% from the year before.
  • Is BWMX profitable?
    Yes. Betterware de Mexico S.A.P.I. de C.V. earned MXN 1.06B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 7.4%.
  • How much cash and debt does BWMX have?
    Betterware de Mexico S.A.P.I. de C.V. reported MXN 328.34M in cash and cash equivalents and MXN 4.11B of debt on its most recent balance sheet in SEC filings.
  • How fast is BWMX revenue growing?
    Betterware de Mexico S.A.P.I. de C.V.'s revenue changed +1.0% in fiscal 2025, to MXN 14.24B. Its compound annual growth rate was +14.4% over 5 years.
  • What is BWMX gross margin?
    Betterware de Mexico S.A.P.I. de C.V.'s gross profit was MXN 9.48B on MXN 14.24B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 66.6%.
  • What is BWMX earnings per share?
    Diluted earnings per share were MXN 28.48 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did BWMX last report financial results?
    The latest statements here come from Betterware de Mexico S.A.P.I. de C.V.'s 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.
  • Where does this BWMX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Betterware de Mexico S.A.P.I. de C.V. files with the SEC. It is provided for information only and is not investment advice.