MX: financial statements from SEC

Income statement

Metric	31/12/2025	31/12/2024
Revenue	179M	196M
Cost of revenue	147M	158M
Gross profit	31M	39M
Research and development	27M	25M
Selling, general and administrative	35M	38M
Operating expenses	67M	65M
Operating income	−36M	−26M
Pre-tax income	−32M	−36M
Income tax	−18M	−8M
Net income	−30M	−54M
Earnings per share	−0.82	−1.44
Earnings per share, diluted	−0.82	−1.44
Weighted average shares	36M	38M
Weighted average shares, diluted	36M	38M

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	95M	104M	108M	113M	133M	139M	121M	132M
Short-term investments	—	—	—	—	—	—	30M	30M
Receivables	24M	26M	31M	29M	28M	28M	29M	31M
Inventory	33M	34M	37M	38M	33M	31M	36M	35M
Current assets	170M	177M	197M	199M	215M	219M	242M	254M
Property, plant and equipment	95M	100M	95M	94M	80M	81M	92M	88M
Total assets	335M	352M	360M	371M	374M	379M	411M	413M
Current liabilities	72M	43M	46M	43M	48M	46M	50M	51M
Short-term debt	26M	0	—	—	—	—	—	—
Long-term debt	16M	45M	39M	37M	27M	27M	30M	29M
Total liabilities	103M	103M	104M	100M	105M	103M	112M	107M
Equity	233M	248M	255M	270M	269M	277M	300M	306M
Shares outstanding	36M	36M	36M	36M	37M	37M	37M	38M
Shares issued	58M	58M	58M	58M	58M	57M	57M	57M
Treasury shares	22M	22M	22M	22M	21M	21M	20M	19M

Metric	31/12/2025	31/12/2024
Operating cash flow	−24M	−6M
Depreciation and amortisation	13M	16M
Share-based compensation	2M	6M
Capital expenditure	30M	12M
Investing cash flow	−24M	−12M
Share buybacks	4M	13M
Financing cash flow	12M	17M