Betterware de México, S.A.P.I. de C.V. (BWMX) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 253.31M | 1.11B | 10.51B | 574.8M | -42.9M | 540.12M | -18.15M | 917.56M | 384.22M | 732.09M | 315.94M | 1.32B | 682M | 910.52M | 408.42M | 38.95M | -91.87M | 277.31M | 243.17M | 434.62M |
| Operating CF Margin % | 7.22% | 29.24% | 311.2% | 16.13% | -1.23% | 14.29% | -0.55% | 27.07% | 10.67% | 21.52% | 10.12% | 40.95% | 20.89% | 28.12% | 12.88% | 1.2% | -4.92% | 12.71% | 10.3% | 16.75% |
| Operating CF Growth % | 690.5% | 105.93% | 57997.53% | -37.36% | -111.16% | -26.22% | -105.75% | -30.42% | -43.66% | -19.6% | -22.64% | 3285.93% | 842.34% | 228.34% | 67.95% | -91.04% | -118% | 235.7% | -73.46% | -20.4% |
| Net Income | 286.48M | 245.84M | 5.78B | 477.4M | 150.73M | 232.17M | -409.83M | 599.01M | 295.26M | 406.41M | 196.87M | 443.45M | 191.9M | 207.79M | 6.1M | 251.69M | 266.98M | 188.11M | 513.36M | 460.87M |
| Depreciation & Amortization | 92.37M | 94.96M | 1.75B | 197.95M | 101.36M | 101.07M | 2.14M | 190.82M | 94.66M | 97.52M | 91.31M | 186.3M | 93.74M | 149.98M | 96.43M | 90.07M | 21.62M | 23.93M | 22.06M | 20.99M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 8.89M | -8.89M | -8.89M | 7.89M | 0 | -3.7M | 489K | -3.02M | 0 | 0 | 9.01M | 0 | -31.34M | 24.73M |
| Deferred Taxes | -8.39M | 0 | 3.46B | 235.67M | 128.98M | 82.73M | -90.88M | 316.95M | 162.65M | 95.55M | 50.07M | 238.77M | 114.08M | -1.67M | 210.68M | 129.14M | 142.64M | 99.5M | 230.56M | 207.5M |
| Other Non-Cash Items | 113.6M | 313.84M | 1.71B | -10.42M | -136.99M | 188.42M | 635.98M | -182.12M | -74.14M | 18.07M | 81.22M | 195.06M | 113.16M | 82.86M | 35.72M | -34.79M | -50.87M | -160.27M | -370.52M | -238.66M |
| Working Capital Changes | -230.73M | 457.62M | -2.2B | -325.8M | -286.98M | -64.27M | -164.44M | 1.79M | -85.31M | 106.66M | -103.54M | 258.87M | 168.63M | 474.63M | 59.49M | -397.17M | -481.24M | 126.03M | -120.94M | -40.8M |
| Change in Receivables | -150.18M | 149.47M | -1.37B | 63.44M | -56.81M | 69.18M | 6.55M | -10.21M | -126.31M | 203.33M | -109.59M | -195.17M | -242.9M | 279.4M | -32.7M | 36.53M | 21.97M | 197.38M | -88M | 157.88M |
| Change in Inventory | -76M | 257.37M | 1.17B | 140.93M | -23.96M | -723K | -604.5M | -28.6M | 162.86M | 147.48M | -156.28M | 100.93M | 278.9M | 306.43M | 122.84M | 137.86M | -331.07M | -131.26M | 261.26M | -238.71M |
| Change in Payables | 295.79M | 36.17M | -1.49B | -362.08M | -171.83M | -246.94M | 612.16M | 196.12M | -139.91M | -233.08M | 133.96M | 425.37M | -7.8M | -109.43M | -108.01M | -418.45M | -192.73M | 21.07M | -354.62M | 79.98M |
| Cash from Investing | -16.88M | -52.4M | -213.22M | -14.52M | 3.13M | 2.7M | 71.96M | -88.67M | -17.9M | -69.25M | -9.87M | 13.78M | 9.3M | -16.93M | -74.19M | -4.67B | -44.83M | 19.41M | -52.93M | -86.07M |
| Capital Expenditures | -17.57M | -52.84M | -347.36M | -42.91M | -13.57M | -47.33M | -41.08M | -106.53M | -27.38M | -76.98M | -27.73M | -26.35M | -10.71M | -40.43M | -18.61M | -55.08M | -55.52M | -54.19M | -71.34M | -89.65M |
| CapEx % of Revenue | 0.5% | 1.39% | 10.29% | 1.2% | 0.39% | 1.25% | 1.23% | 3.14% | 0.76% | 2.26% | 0.89% | 0.82% | 0.33% | 1.25% | 0.59% | 1.7% | 2.97% | 2.48% | 3.02% | 3.46% |
| Acquisitions | 689.34K | 441.95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.15M | -69.21M | -4.63B | -1.02M | 26.15M | -2M | 4.68M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 134.14M | 28.39M | 16.7M | 50.03M | 113.04M | 17.87M | 9.48M | 7.74M | 17.87M | 40.13M | 20.01M | 24.65M | 13.63M | 9.49M | 11.71M | 47.45M | 20.41M | -1.1M |
| Cash from Financing | -253.32M | -1.08B | -11.37B | -465.06M | 87.28M | -562.64M | -36.12M | -955.38M | -490.88M | -609.18M | -538.88M | -1.42B | -797.66M | -679.03M | -438.36M | 4.5B | -326.87M | -395.01M | 563.16M | -393.88M |
| Debt Issued (Net) | -3.56M | -818.09M | -4.76B | 256.18M | 502.43M | -207.53M | -21.24M | -156.73M | -58.07M | -286.28M | -185.65M | -786.02M | -482.14M | -460.03M | -47.16M | 5.03B | 97.91M | -9.23M | 934.16M | -29.52M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -57K | 0 | 0 | -25.26M | 0 | 0 | 0 |
| Dividends Paid | -203.25M | -209.36M | -3.68B | -449.13M | -249.51M | -249.51M | 0 | -499.03M | -249.51M | -199.61M | -199.61M | -249.51M | -99.81M | -50M | -199.61M | -350M | -350M | -350M | -350M | -350M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -57K | 0 | 0 | -25.26M | 0 | 0 | 0 |
| Other Financing | -46.5M | -53.02M | -2.93B | -272.12M | -165.63M | -105.59M | -14.88M | -299.62M | -183.29M | -123.28M | -153.62M | -383.77M | -215.72M | -168.44M | -191.59M | -182.03M | -49.51M | -35.78M | -21M | -14.36M |
| Net Change in Cash | -1.22M | -15.21M | -1.07B | 95.23M | 47.52M | -19.82M | -106.87M | -126.48M | -124.55M | 53.66M | -232.8M | -86.77M | -106.36M | 214.56M | -104.14M | -135.9M | -463.57M | -98.28M | 753.4M | -45.33M |
| Free Cash Flow | 235.75M | 1.06B | 10.16B | 531.9M | -56.47M | 492.79M | -59.24M | 811.03M | 356.84M | 655.1M | 288.21M | 1.29B | 671.29M | 870.09M | 389.8M | -16.13M | -147.39M | 223.13M | 171.83M | 344.97M |
| FCF Margin % | 6.72% | 27.85% | 300.91% | 14.93% | -1.61% | 13.04% | -1.78% | 23.93% | 9.91% | 19.26% | 9.23% | 40.14% | 20.57% | 26.87% | 12.29% | -0.5% | -7.89% | 10.23% | 7.28% | 13.3% |
| FCF Growth % | 517.46% | 114.98% | 17256.13% | -34.42% | -115.83% | -24.78% | -120.55% | -37.25% | -46.84% | -24.71% | -26.06% | 8110.43% | 555.45% | 289.95% | 126.85% | -104.68% | -145.5% | 228.89% | -76.95% | -12.6% |
| FCF per Share | 6.32 | 28.39 | 272.34 | 14.25 | -1.51 | 13.21 | -1.59 | 21.78 | 9.58 | 17.58 | 7.72 | 34.63 | 17.99 | 23.32 | 10.45 | -0.43 | -3.95 | 5.98 | 4.60 | 9.43 |
| FCF Conversion (FCF/Net Income) | 0.90x | 4.15x | 33.45x | 1.76x | -0.28x | 2.32x | 0.16x | 3.05x | 1.31x | 1.80x | 1.60x | 5.10x | 3.63x | 2.63x | 7.86x | 0.13x | -0.34x | 1.47x | 0.47x | 0.94x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |