Income Statement Grupo Radio Centro, S.A.B. de C.V.

Stocks

RCENTRO A

MXP680051218

Broadcasting

End-of-day quote Mexican S.E. 2024-03-05			5-day change	1st Jan Change
4.000 ^MXN	-.--%		-.--%	-

07-31	Grupo Radio Centro, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
07-13	Grupo Radio Centro, S.A.B. de C.V. Auditor Raises 'Going Concern' Doubt	CI

3618163d10020da58.EAc_uvGfueBWtPuc7NLb_js5DGvlP0-YlkT30LVAS8I.XH9vwLaowYJj-rXu3LyPnAx9YAmoUwPW-CG9qNYBBfJnXm79o9XUlTL1sg

Published financial data: GRUPO RADIO CENTRO, S.A.B. DE C.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (MXN)	2022 (MXN)	2023 (MXN)	2024 (MXN)	2025 (MXN)
Revenues	699M	771M	703M	764M	638M
Other Revenues, Total	-	-	-	-	-
Total Revenues	699M	771M	703M	764M	638M
Cost of Goods Sold, Total	507M	509M	434M	532M	435M
Gross Profit	193M	261M	269M	233M	204M
Selling General & Admin Expenses, Total	882M	73.2M	388M	88.28M	150M
Depreciation & Amortization - (IS)	89M	83.32M	72.54M	47.05M	40.5M
Other Operating Expenses, Total	971M	157M	461M	135M	191M
Operating Income	-779M	105M	-191M	97.36M	13.14M
Interest Expense, Total	-164M	-167M	-197M	-207M	-153M
Interest And Investment Income	13.14M	5.86M	2.96M	1.64M	1.75M
Net Interest Expenses	-151M	-161M	-194M	-206M	-151M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-6.94M	-7.83M	-3.54M	-596K	-3.34M
Other Non Operating Income (Expenses)	-	-	2K	2K	-
EBT, Excl. Unusual Items	-936M	-63.62M	-388M	-109M	-141M
Restructuring Charges	-	-2.08M	-1.32M	-1.35M	-
Impairment of Goodwill	-	-34.08M	-	-	-
Insurance Settlements	-	694K	-	-	-
EBT, Incl. Unusual Items	-936M	-99.09M	-390M	-110M	-141M
Income Tax Expense	-35.97M	-11.56M	-121M	70.17M	31.12M
Earnings From Continuing Operations	-900M	-87.53M	-269M	-181M	-173M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-900M	-87.53M	-269M	-181M	-173M
Minority Interest	55K	-85K	-38K	-38K	-38K
Net Income - (IS)	-900M	-87.61M	-269M	-181M	-173M
Net Income to Common Incl Extra Items	-900M	-87.61M	-269M	-181M	-173M
Net Income to Common Excl. Extra Items	-900M	-87.61M	-269M	-181M	-173M
Per Share Items
Net EPS - Basic	-3.52	-0.34	-1.05	-0.71	-0.67
Basic EPS - Continuing Operations	-3.52	-0.34	-1.05	-0.71	-0.67
Basic Weighted Average Shares Outstanding	256M	256M	256M	256M	258M
Net EPS - Diluted	-3.52	-0.34	-1.05	-0.71	-0.67
Diluted EPS - Continuing Operations	-3.52	-0.34	-1.05	-0.71	-0.67
Diluted Weighted Average Shares Outstanding	256M	256M	256M	256M	258M
Normalized Basic EPS	-2.29	-0.16	-0.95	-0.27	-0.34
Normalized Diluted EPS	-2.29	-0.16	-0.95	-0.27	-0.34
American Depositary Receipts Ratio (ADR)	9	9	9	9	9
Supplemental Items
EBITDA	-760M	123M	-179M	104M	41.42M
EBITA	-779M	107M	-189M	97.84M	34.85M
EBIT	-779M	105M	-191M	97.36M	13.14M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	3.84	11.67	31.09	-63.6	-22
Current Domestic Taxes	58.43M	44.08M	-	-	7.03M
Total Current Taxes	58.43M	44.08M	3.05M	366K	7.03M
Deferred Domestic Taxes	-94.4M	-55.65M	-	-	24.09M
Total Deferred Taxes	-94.4M	-55.65M	-124M	69.81M	24.09M
Normalized Net Income	-585M	-39.85M	-243M	-68.15M	-88.45M
Interest on Long-Term Debt	5.99M	4.8M	3.36M	2.14M	1.13M
Non-Cash Pension Expense	1.1M	-62K	7.56M	465K	2.06M
Supplemental Operating Expense Items
Marketing Expenses	14.18M	37.31M	40.16M	35.15M	50.5M
Selling and Marketing Expenses	14.18M	37.31M	40.16M	35.15M	50.5M
General and Administrative Expenses	868M	35.89M	348M	53.12M	99.76M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	22.94M	18.58M	9.71M	14.77M	14.71M

Fiscal Period: December	2021 (MXN)	2022 (MXN)	2023 (MXN)	2024 (MXN)	2025 (MXN)
Assets
Cash And Equivalents	54.42M	69.94M	56.28M	26.64M	35.52M
Total Cash And Short Term Investments	54.42M	69.94M	56.28M	26.64M	35.52M
Accounts Receivable, Total	339M	361M	315M	327M	344M
Other Receivables	52.11M	20.26M	175M	211M	104M
Notes Receivable	413M	361M	394M	396M	411M
Total Receivables	804M	742M	885M	934M	859M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	13.46M	4.65M	8.36M	18.02M	9.09M
Total Current Assets	872M	817M	949M	979M	904M
Gross Property Plant And Equipment	642M	626M	610M	-	480M
Accumulated Depreciation	-518M	-532M	-541M	-	-396M
Net Property Plant And Equipment	124M	94.32M	69.68M	52.68M	83.72M
Long-term Investments	-	-	-	-	-
Goodwill	1.42B	1.39B	1.38B	1.38B	985M
Other Intangibles, Total	700M	642M	258M	256M	249M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	216M	264M	384M	311M	286M
Other Long-Term Assets, Total	43.67M	35.21M	25.63M	16.5M	16.75M
Total Assets	3.38B	3.25B	3.07B	3B	2.52B
Liabilities
Accounts Payable, Total	191M	203M	225M	397M	449M
Accrued Expenses, Total	178M	201M	361M	-10.4M	-
Short-term Borrowings	39.65M	-	-	10.06M	-
Current Portion of Long-Term Debt	149M	1.35B	1.31B	1.64B	-
Current Portion of Leases	15.5M	15.5M	15.5M	7.64M	-
Current Income Taxes Payable	52.09M	58.32M	57.83M	63.4M	63.11M
Unearned Revenue Current, Total	97.34M	114M	84.66M	69.75M	183M
Other Current Liabilities	2.25M	2.43M	3.06M	47.12M	-
Total Current Liabilities	724M	1.94B	2.06B	2.23B	695M
Long-Term Debt	1.29B	54.56M	44.56M	2.44M	514M
Long-Term Leases	42.61M	27.11M	11.39M	-	51.72M
Pension & Other Post Retirement Benefits	35.02M	34.27M	36.25M	32.2M	32.75M
Deferred Tax Liability Non Current	56.97M	49.67M	44.82M	46.16M	46.16M
Other Non Current Liabilities	2.2M	999K	1K	-	-
Total Liabilities	2.15B	2.11B	2.2B	2.31B	1.34B
Common Stock, Total	1.92B	1.92B	1.92B	1.92B	2.06B
Additional Paid In Capital	443M	443M	443M	443M	443M
Retained Earnings	-1.27B	-1.36B	-1.63B	-1.81B	-1.9B
Comprehensive Income and Other	132M	132M	132M	132M	586M
Total Common Equity	1.23B	1.14B	870M	690M	1.18B
Minority Interest	242K	327K	365K	403K	441K
Total Equity	1.23B	1.14B	871M	690M	1.18B
Total Liabilities And Equity	3.38B	3.25B	3.07B	3B	2.52B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	256M	256M	256M	256M	256M
ECS Total Common Shares Outstanding	256M	256M	256M	256M	256M
Book Value / Share	4.8	4.46	3.41	2.7	4.63
Tangible Book Value	-896M	-898M	-771M	-949M	-50.11M
Tangible Book Value Per Share	-3.5	-3.52	-3.02	-3.71	-0.2
Total Debt	1.54B	1.44B	1.39B	1.66B	566M
Net Debt	1.48B	1.37B	1.33B	1.63B	530M
Debt Equivalent of Unfunded Proj. Benefit Obligation	35.02M	34.27M	36.25M	32.2M	32.75M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	242K	327K	365K	403K	441K
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	4M	4M	4M	-	4M
Buildings, Total	96.5M	96.5M	96.5M	-	27.39M
Machinery, Total	466M	467M	466M	-	301M
Full Time Employees	463	442	362	274	357
Accumulated Allowance for Doubtful Accounts (Supple)	80.25M	108M	159M	176M	197M

Fiscal Period: December	2021 (MXN)	2022 (MXN)	2023 (MXN)	2024 (MXN)	2025 (MXN)
Net Income	-900M	-87.61M	-269M	-181M	-173M
Depreciation & Amortization - CF	35.35M	32.22M	24.97M	23.5M	18.79M
Amortization of Goodwill and Intangible Assets - (CF)	198K	2.14M	2.62M	486K	21.7M
Depreciation & Amortization, Total	35.54M	34.35M	27.58M	23.99M	40.5M
Amortization of Deferred Charges, Total - (CF)	53.45M	48.97M	44.96M	23.06M	-
(Gain) Loss From Sale Of Asset	133M	7.08M	332M	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	691M	27M	11.4M	1.33M	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	116M	151M	74.46M	272M	183M
Change In Accounts Receivable	-35.25M	-38.95M	46.46M	-12.42M	-16.58M
Change In Accounts Payable	-67.94M	-18.76M	26.07M	221M	-4.88M
Change in Unearned Revenues	36.33M	16.81M	-29.49M	-14.91M	113M
Change In Income Taxes	25.34M	17.67M	21.96M	-213M	-115M
Change in Other Net Operating Assets	-2.32M	58.26M	-192M	-46.41M	-39.02M
Cash from Operations	85.02M	216M	93.99M	73.98M	-11.42M
Capital Expenditure	-10.88M	-2.22M	-150K	-6.16M	-3.22M
Sale of Property, Plant, and Equipment	-	-	-	-	45.76M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	148M	-1.48M	-	-13.44M	-1.72M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	77.7M	22.13M	2.96M	1.64M	1.75M
Cash from Investing	215M	18.43M	2.82M	-17.96M	42.58M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-244M	-54.67M	-57.29M	-73.69M	-20.78M
Total Debt Repaid	-244M	-54.67M	-57.29M	-73.69M	-20.78M
Other Financing Activities, Total	-156M	-164M	-53.12M	-11.97M	-1.5M
Cash from Financing	-399M	-219M	-110M	-85.66M	-22.28M
Foreign Exchange Rate Adjustments	1.55M	-42K	-50K	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-1K	-
Net Change in Cash	-97.51M	15.52M	-13.66M	-29.64M	8.88M
Supplemental Items
Cash Interest Paid	156M	164M	53.12M	11.97M	1.5M
Levered Free Cash Flow	-191M	170M	-164M	-121M	160M
Unlevered Free Cash Flow	-88.44M	275M	-41.2M	8.32M	256M
Change In Net Working Capital	-172M	-129M	-6M	79.98M	-212M
Net Debt Issued / Repaid	-244M	-54.67M	-57.29M	-73.69M	-20.78M

Fiscal Period: December	2021 (MXN)	2022 (MXN)	2023 (MXN)	2024 (MXN)	2025 (MXN)
Profitability
Return on Assets	-12.05	1.98	-3.79	2.01	0.3
Return on Total Capital	-14.35	2.45	-4.94	2.56	0.4
Return On Equity %	-53.71	-7.4	-26.73	-23.13	-18.41
Return on Common Equity	-53.72	-7.41	-26.75	-23.15	-18.42
Margin Analysis
Gross Profit Margin %	27.53	33.93	38.31	30.44	31.94
SG&A Margin	126.14	9.5	55.2	11.55	23.54
EBITDA Margin %	-108.62	15.98	-25.41	13.66	6.49
EBITA Margin %	-111.31	13.9	-26.83	12.8	5.46
EBIT Margin %	-111.34	13.62	-27.2	12.74	2.06
Income From Continuing Operations Margin %	-128.72	-11.36	-38.19	-23.62	-27.03
Net Income Margin %	-128.71	-11.37	-38.2	-23.62	-27.04
Net Avail. For Common Margin %	-128.71	-11.37	-38.2	-23.62	-27.04
Normalized Net Income Margin	-83.65	-5.17	-34.52	-8.92	-13.85
Levered Free Cash Flow Margin	-27.27	22.11	-23.33	-15.87	25.05
Unlevered Free Cash Flow Margin	-12.64	35.63	-5.86	1.09	40.03
Asset Turnover
Asset Turnover	0.17	0.23	0.22	0.25	0.23
Fixed Assets Turnover	5.26	7.05	8.58	12.49	9.36
Receivables Turnover (Average Receivables)	2.18	2.2	2.08	2.38	1.9
Short Term Liquidity
Current Ratio	1.2	0.42	0.46	0.44	1.3
Quick Ratio	0.61	0.23	0.27	0.25	0.7
Operating Cash Flow to Current Liabilities	0.12	0.11	0.05	0.03	-0.02
Days Sales Outstanding (Average Receivables)	167.51	165.74	175.43	153.73	191.83
Average Days Payable Outstanding	166.53	141.29	179.91	215.71	355.69
Long Term Solvency
Total Debt/Equity	125.25	126.81	159.25	240.69	47.76
Total Debt / Total Capital	55.6	55.91	61.43	70.65	32.32
LT Debt/Equity	108.62	7.17	6.43	0.35	47.76
Long-Term Debt / Total Capital	48.22	3.16	2.48	0.1	32.32
Total Liabilities / Total Assets	63.68	64.93	71.64	76.97	53.07
EBIT / Interest Expense	-4.76	0.63	-0.97	0.47	0.09
EBITDA / Interest Expense	-4.54	0.84	-0.83	0.59	0.35
(EBITDA - Capex) / Interest Expense	-4.61	0.82	-0.83	0.56	0.33
Total Debt / EBITDA	-2.07	10.37	-8.47	13.69	10.55
Net Debt / EBITDA	-1.99	9.87	-8.12	13.47	9.89
Total Debt / (EBITDA - Capex)	-2.04	10.54	-8.46	14.42	11.22
Net Debt / (EBITDA - Capex)	-1.97	10.03	-8.12	14.19	10.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-30.31	10.19	-8.73	8.66	-16.47
Gross Profit, 1 Yr. Growth %	-60.28	35.83	3.05	-13.65	-29.46
EBITDA, 1 Yr. Growth %	-349.42	-277.02	-245.14	-158.44	-67.51
EBITA, 1 Yr. Growth %	-372.28	-221.23	-276.19	-151.85	-71.26
EBIT, 1 Yr. Growth %	-377.08	-218.55	-282.27	-150.88	-86.5
Earnings From Cont. Operations, 1 Yr. Growth %	5.95K	-90.28	206.91	-32.81	-4.39
Net Income, 1 Yr. Growth %	5.95K	-90.27	206.65	-32.8	-4.39
Normalized Net Income, 1 Yr. Growth %	-1.62K	-74.08	509.39	-71.94	29.78
Diluted EPS Before Extra, 1 Yr. Growth %	5.95K	-90.27	206.65	-32.8	-5.25
Accounts Receivable, 1 Yr. Growth %	11.62	6.7	-12.86	3.95	5.07
Net Property, Plant and Equip., 1 Yr. Growth %	-12.39	-24.13	-26.12	-24.4	58.92
Total Assets, 1 Yr. Growth %	-28.19	-3.84	-5.5	-2.36	-16.2
Tangible Book Value, 1 Yr. Growth %	-14.7	0.32	-14.2	23.07	-94.72
Common Equity, 1 Yr. Growth %	-42.29	-7.15	-23.59	-20.74	71.72
Cash From Operations, 1 Yr. Growth %	-140.57	153.63	-56.41	-21.29	-115.44
Capital Expenditures, 1 Yr. Growth %	-20.26	-79.54	-93.26	4K	-47.73
Levered Free Cash Flow, 1 Yr. Growth %	-143.18	-29.16	-196.26	-60.48	-231.87
Unlevered Free Cash Flow, 1 Yr. Growth %	-115.73	-19.93	-115	-104.52	2.97K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-16.35	-12.37	0.28	-0.41	-4.73
Gross Profit, 2 Yr. CAGR %	5.76	-26.55	18.31	-5.67	-13.01
EBITDA, 2 Yr. CAGR %	150.48	-36.42	60.29	-7.9	-51.86
EBITA, 2 Yr. CAGR %	138.91	-38.8	46.15	-4.42	-57.03
EBIT, 2 Yr. CAGR %	103.32	-38.88	46.99	-3.7	-73.79
Earnings From Cont. Operations, 2 Yr. CAGR %	70.53	142.44	-45.37	43.61	-19.85
Net Income, 2 Yr. CAGR %	4.05	142.57	-45.37	43.55	-19.85
Normalized Net Income, 2 Yr. CAGR %	55.26	1.66	25.68	30.78	-39.65
Diluted EPS Before Extra, 2 Yr. CAGR %	70.54	142.57	-45.37	43.55	-20.2
Accounts Receivable, 2 Yr. CAGR %	0.66	9.13	-3.58	-4.83	4.5
Net Property, Plant and Equip., 2 Yr. CAGR %	-16.76	-18.47	-25.13	-25.26	9.61
Total Assets, 2 Yr. CAGR %	-18.73	-16.9	-4.67	-3.95	-9.3
Tangible Book Value, 2 Yr. CAGR %	-18.17	-7.5	-7.22	2.76	-74.51
Common Equity, 2 Yr. CAGR %	-23.57	-26.8	-15.77	-22.18	16.66
Cash From Operations, 2 Yr. CAGR %	21.14	1.44	5.14	-41.43	-65.14
Capital Expenditures, 2 Yr. CAGR %	-40.81	-59.61	-88.26	66.35	363.18
Levered Free Cash Flow, 2 Yr. CAGR %	25.96	-37.89	-17.42	-15.64	-27.81
Unlevered Free Cash Flow, 2 Yr. CAGR %	39.38	-30.12	-65.34	-82.6	17.84
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-15.01	-8.3	-11.17	3	-6.08
Gross Profit, 3 Yr. CAGR %	-32.01	14.96	-17.77	6.52	-7.96
EBITDA, 3 Yr. CAGR %	23.79	0.56	-16.28	14.51	-30.45
EBITA, 3 Yr. CAGR %	26.51	-7.74	-12.93	3.46	-31.22
EBIT, 3 Yr. CAGR %	33.66	-17.71	-12.03	3.21	-49.97
Earnings From Cont. Operations, 3 Yr. CAGR %	68.94	-34.37	162.27	-41.47	25.39
Net Income, 3 Yr. CAGR %	147.57	-52.77	162.29	-41.47	25.36
Normalized Net Income, 3 Yr. CAGR %	69.42	-45.24	84.68	-23.75	30.44
Diluted EPS Before Extra, 3 Yr. CAGR %	68.94	-34.34	162.29	-41.47	24.99
Accounts Receivable, 3 Yr. CAGR %	-4.02	2.63	1.24	-1.13	-1.64
Net Property, Plant and Equip., 3 Yr. CAGR %	-36.44	-19.29	-21.1	-24.89	-3.9
Total Assets, 3 Yr. CAGR %	-18.89	-14.04	-13.26	-3.91	-8.05
Tangible Book Value, 3 Yr. CAGR %	227.41	-12.42	-9.79	1.94	-61.79
Common Equity, 3 Yr. CAGR %	-27.03	-18.45	-25.74	-17.46	1.32
Cash From Operations, 3 Yr. CAGR %	-43.58	54.97	-23.45	-4.53	-62.45
Capital Expenditures, 3 Yr. CAGR %	74.25	-58.46	-77.76	-17.28	13.09
Levered Free Cash Flow, 3 Yr. CAGR %	16.18	12.33	-28.12	-20.41	-2.09
Unlevered Free Cash Flow, 3 Yr. CAGR %	-31.97	82.03	-58.16	-71.05	-2.36
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-14.6	-7.99	-9.2	-5.23	-8.65
Gross Profit, 5 Yr. CAGR %	-22.11	-15.27	-15.15	6.22	-15.9
EBITDA, 5 Yr. CAGR %	8.59	-22.36	-14.9	-2.92	-32.9
EBITA, 5 Yr. CAGR %	9.93	-23.83	-13.27	-6.43	-34.36
EBIT, 5 Yr. CAGR %	9.93	-21.35	-10.12	-12.37	-45.8
Earnings From Cont. Operations, 5 Yr. CAGR %	35.62	-5.72	7.55	-10.23	63.23
Net Income, 5 Yr. CAGR %	35.62	-9.24	35.27	-26.32	63.24
Normalized Net Income, 5 Yr. CAGR %	47.04	-10.3	15.08	-22.43	18.06
Diluted EPS Before Extra, 5 Yr. CAGR %	35.62	-5.7	7.55	-10.22	62.95
Accounts Receivable, 5 Yr. CAGR %	-6.44	0.24	-3.84	-0.42	2.54
Net Property, Plant and Equip., 5 Yr. CAGR %	-3.57	-31.26	-32.14	-21.73	-10.01
Total Assets, 5 Yr. CAGR %	-8.16	-12.48	-13.48	-10.14	-11.7
Tangible Book Value, 5 Yr. CAGR %	61	120.91	97.71	-6.64	-45.58
Common Equity, 5 Yr. CAGR %	-16.31	-18.3	-22.72	-19.96	-11.03
Cash From Operations, 5 Yr. CAGR %	-11.61	-17.89	-27.63	5.01	-44.12
Capital Expenditures, 5 Yr. CAGR %	9.5	24.33	-40.76	-27.65	-25.09
Levered Free Cash Flow, 5 Yr. CAGR %	4.52	10.18	6.17	0.18	-18.39
Unlevered Free Cash Flow, 5 Yr. CAGR %	-19.78	36.32	-31.88	-28.82	-14.59