Financial Statements — FMX
Balance Sheet
(in billions MXN)| Metric | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 6.71 | 9.77 | 83.44 | 4.75 | 107.62 | 65.56 |
| Inventory | 3.24 | 3.45 | 62.22 | 50.90 | 44.03 | 2.17 |
| Total Current Assets | 16.41 | 356.16 | 226.45 | 230.72 | 201.27 | 172.58 |
| Goodwill | -- | -- | -- | -- | -- | 0.00 |
| Total Non-current Assets | 509.23 | 26.61 | 572.37 | 506.78 | 483.58 | 464.96 |
| Total Assets | 40.83 | 805.86 | 40.97 | 35.95 | 34.43 | 33.80 |
| Total Current Liabilities | 9.73 | 182.38 | 176.92 | 136.72 | 118.41 | 136.53 |
| Total Non-current Liabilities | 267.48 | 14.50 | 284.09 | 265.66 | 259.25 | 9.29 |
| Total Liabilities | 470.41 | 25.30 | 23.65 | 19.61 | 377.66 | 311.79 |
| Retained Earnings | 14.69 | 304.65 | 12.88 | 238.31 | 217.43 | 229.79 |
| Total Stockholder Equity | 381.13 | 378.37 | 337.80 | 335.12 | 307.19 | 325.75 |
Income Statement
(in billions MXN)| Metric | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 781.59 | 702.69 | 34.53 | 27.12 | 492.97 | 26.87 |
| Cost of Revenue* | 460.07 | 423.19 | (217.14) | 16.70 | 303.31 | (164.61) |
| Gross Profit | 321.51 | 279.51 | 251.67 | 10.42 | 189.65 | 191.48 |
| Interest Expense | 20.00 | 0.88 | 0.84 | 16.94 | 17.52 | 14.13 |
| Pretax Income | 65.67 | 89.65 | -- | -- | -- | -- |
| Tax Provision | 27.39 | 27.29 | 0.74 | 14.28 | 14.82 | 10.48 |
| Net Income | 40.24 | 4.54 | 1.78 | 37.68 | 3.76 | 28.05 |
* Derived from reported values