Grupo Simec SAB de CV ADR (SIM) financial statements

Basic Materials · Steel · Market cap $4.4B

Grupo Simec SAB de CV ADR reported revenue of 33.7B MXN in fiscal 2024, up 2.6% a year over 8 years.

Net income was 10.5B MXN.

Free cash flow was 3.4B MXN, and the company returned 126M MXN in net buybacks.

The diluted share count fell 5% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions (MXN).

-200204060201620172018201920202021202220232024RevenueFree cash flow
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Income statement

Fiscal years, in MXN, from Grupo Simec SAB de CV ADR's 10-K filings with the SEC.

Fiscal year201620172018201920202021202220232024
Revenue27.5B MXN28.7B MXN35.7B MXN34.2B MXN35.9B MXN55.6B MXN54.2B MXN41.1B MXN33.7B MXN
Cost of revenue22.8B MXN24.0B MXN30.6B MXN30.1B MXN29.2B MXN40.0B MXN39.7B MXN31.1B MXN26.0B MXN
Gross profit4.7B MXN4.7B MXN5.1B MXN4.1B MXN6.7B MXN15.7B MXN14.5B MXN10.0B MXN7.6B MXN
Selling, general and admin1.3B MXN1.2B MXN1.1B MXN1.6B MXN2.0B MXN42.0B MXN42.1B MXN33.4B MXN28.6B MXN
Interest expense40M MXN54M MXN17M MXN55M MXN54M MXN87M MXN56M MXN154M MXN4M MXN
Pre-tax income5.3B MXN3.0B MXN4.2B MXN1.6B MXN4.9B MXN13.8B MXN11.2B MXN6.0B MXN12.5B MXN
Income tax936M MXN1.1B MXN752M MXN3.3B MXN2.1B MXN4.4B MXN3.3B MXN1.7B MXN—
Net income2.9B MXN1.9B MXN3.7B MXN1.6B MXN-2.8B MXN9.4B MXN7.9B MXN4.3B MXN10.5B MXN
EPS (diluted)———-3.52 MXN6.04 MXN20.41 MXN17.00 MXN9.28 MXN22.71 MXN
Diluted shares487M494M490M0M0M463M462M462M461M
Gross margin17.2%16.4%14.3%12.0%18.6%28.1%26.7%24.4%22.7%
Net margin10.6%6.6%10.2%4.8%-7.8%17.0%14.5%10.4%31.2%

Balance sheet

Fiscal years, in MXN, from Grupo Simec SAB de CV ADR's 10-K filings with the SEC.

Fiscal year201620172018201920202021202220232024
Cash and short-term investments7.5B MXN7.3B MXN7.0B MXN7.4B MXN7.7B MXN15.1B MXN21.5B MXN23.6B MXN29.2B MXN
Receivables—3.9B MXN4.8B MXN4.2B MXN5.1B MXN443M MXN564M MXN5.7B MXN4.5B MXN
Inventory—8.3B MXN10.1B MXN8.2B MXN9.1B MXN11.7B MXN12.8B MXN10.2B MXN11.2B MXN
Total current assets—22.9B MXN26.1B MXN22.4B MXN24.4B MXN35.8B MXN43.5B MXN41.7B MXN46.5B MXN
Property, plant and equipment14.5B MXN15.7B MXN17.0B MXN16.7B MXN16.0B MXN16.0B MXN16.8B MXN18.0B MXN19.6B MXN
Total assets41.9B MXN46.0B MXN48.9B MXN44.0B MXN45.5B MXN57.3B MXN67.6B MXN66.8B MXN73.3B MXN
Total current liabilities—7.5B MXN9.0B MXN7.3B MXN8.4B MXN11.1B MXN15.2B MXN13.0B MXN10.2B MXN
Long-term debt2.4B MXN3.0B MXN———————
Total liabilities8.6B MXN11.7B MXN13.3B MXN11.4B MXN12.5B MXN15.5B MXN19.6B MXN17.0B MXN14.1B MXN
Shareholders' equity33.2B MXN34.4B MXN35.8B MXN32.6B MXN33.0B MXN41.8B MXN48.0B MXN49.8B MXN59.2B MXN
Net debt-4.2B MXN-3.2B MXN-7.0B MXN-7.4B MXN-7.7B MXN-15.1B MXN-21.5B MXN-23.6B MXN-29.2B MXN

Cash flow

Fiscal years, in MXN, from Grupo Simec SAB de CV ADR's 10-K filings with the SEC.

Fiscal year201620172018201920202021202220232024
Operating cash flow5.7B MXN3.2B MXN3.2B MXN1.0B MXN3.6B MXN8.4B MXN8.9B MXN4.3B MXN5.5B MXN
Capital spending3.1B MXN3.0B MXN2.0B MXN1.3B MXN951M MXN1.1B MXN1.7B MXN2.5B MXN2.1B MXN
Free cash flow2.6B MXN145M MXN1.2B MXN-229M MXN2.7B MXN7.3B MXN7.3B MXN1.8B MXN3.4B MXN
Dividends paid————2.0B MXN————
Share buybacks (net)938M MXN-279M MXN-1.6B MXN-156M MXN-42M MXN-74M MXN-90M MXN-89M MXN-126M MXN
Free cash flow margin9.5%0.5%3.4%-0.7%7.5%13.2%13.4%4.3%10.2%
Dividends per share————4,293.58 MXN————
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Questions

What was Grupo Simec SAB de CV ADR's revenue in 2024?

33.7B MXN in fiscal 2024, from its 10-K filing.

How much free cash flow does Grupo Simec SAB de CV ADR generate?

3.4B MXN in fiscal 2024 (operating cash flow minus capital spending).

From Grupo Simec SAB de CV ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.