Mexico · Delayed Price · Currency is MXN Megacable Holdings, S. A. B. de C. V. Earnings Call Transcripts
Fiscal Year 2026
-
Q2 saw 7% revenue growth and 11% higher net income year-over-year, with strong broadband and mobile subscriber gains. Margin was temporarily impacted by a one-time promotion, but efficiency and AI initiatives are expected to drive future margin expansion.
-
First quarter 2026 saw 9% revenue and EBITDA growth, with net income up 16% year-over-year. Broadband and mobile subscriber growth remained strong, CapEx declined, and a MXN 3.2 billion dividend was approved. Margin improvement and operational efficiency are key focuses for the year.
Fiscal Year 2025
-
Revenue and EBITDA grew 8% and 11% year-over-year, driven by mass market and fiber expansion, while CapEx intensity declined and cash flow strengthened. Leverage improved, and management expects further margin expansion and disciplined capital allocation, with dividends potentially rising if excess cash is not otherwise deployed.
-
Subscriber and revenue growth remained robust, driven by mass market expansion and fiber upgrades, while CapEx is set to decline as major projects wind down. Profitability and cash flow are improving, with a strong balance sheet and positive outlook for continued growth and margin expansion.
-
Mass market and fiber expansion drove double-digit EBITDA and net income growth, with strong subscriber additions and a 55% share price increase. CapEx and leverage remain controlled, and guidance calls for continued robust growth and margin expansion.
-
First quarter results showed 8% revenue growth and record EBITDA margin, driven by subscriber expansion and operational efficiencies. CapEx intensity declined, margins are expected to expand, and a high dividend was approved, while regulatory and competitive challenges persist.
Fiscal Year 2024
-
Record revenues and double-digit EBITDA growth were achieved in 2024, driven by network expansion, strong subscriber additions, and operational efficiencies. CapEx intensity declined, margins improved, and the company is transitioning to scalable, high-margin growth with a robust balance sheet.
-
Strong revenue and subscriber growth driven by network expansion, with EBITDA and margins stable in core operations. CapEx intensity is declining, free cash flow is rising, and management is considering capital returns as expansion matures.
-
Network expansion reached 80% completion, driving double-digit revenue and EBITDA growth, despite macroeconomic and competitive pressures. CapEx is set to decline, margins are expected to stabilize, and the company maintains strong cash flow and dividend payouts.