New Risk • May 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 3.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (1.5% net profit margin). Board Change • May 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio Higuera was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Apr 16
Cox Energy, S.A.B. de C.V., Annual General Meeting, Apr 30, 2026 Cox Energy, S.A.B. de C.V., Annual General Meeting, Apr 30, 2026. Location: avenida juan salvador agraz 97, piso 3, oficina 3b, santa fe cuajimalpa, ciudad de mexico., Mexico New Risk • Mar 13
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 73% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk High level of debt (73% net debt to equity). Board Change • Mar 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio Higuera was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jan 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio Higuera was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Oct 31
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Shares are highly illiquid. Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: Mex$0.60 (vs Mex$0.90 in 3Q 2024) Third quarter 2025 results: EPS: Mex$0.60 (down from Mex$0.90 in 3Q 2024). Revenue: Mex$2.65b (up 59% from 3Q 2024). Net income: Mex$110.4m (down 32% from 3Q 2024). Profit margin: 4.2% (down from 9.7% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Oct 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio Higuera was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio Higuera was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Aug 13
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 75% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks High level of debt (75% net debt to equity). Large one-off items impacting financial results. Reported Earnings • Aug 03
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: Mex$2.62b (up 95% from 2Q 2024). Net income: Mex$59.2m (down 23% from 2Q 2024). Profit margin: 2.3% (down from 5.7% in 2Q 2024). Board Change • Jun 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio Higuera was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Mar 20
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk High level of debt (48% net debt to equity). Board Change • Mar 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Feb 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Proprietary Director Jimena Gonzalez Cossio was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Breakeven Date Change • Jan 30
Forecast to breakeven in 2025 The analyst covering Cox Energy América. de expects the company to break even for the first time. New forecast suggests the company will make a profit of Mex$311.0m in 2025. Average annual earnings growth of 52% is required to achieve expected profit on schedule. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: Mex$0.90 (vs Mex$0.18 loss in 3Q 2023) Third quarter 2024 results: EPS: Mex$0.90 (up from Mex$0.18 loss in 3Q 2023). Revenue: Mex$1.67b (up Mex$1.51b from 3Q 2023). Net income: Mex$162.3m (up Mex$192.1m from 3Q 2023). Profit margin: 9.7% (up from net loss in 3Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Renewable Energy industry in South America. Breakeven Date Change • Sep 02
Forecast to breakeven in 2024 The analyst covering Cox Energy América. de expects the company to break even for the first time. New forecast suggests the company will make a profit of Mex$101.0m in 2024. Earnings growth of 62% is required to achieve expected profit on schedule. Annuncio • Jul 10
Cox Energy América, S.A.B. de C.V. to Report Q2, 2024 Results on Jul 25, 2024 Cox Energy América, S.A.B. de C.V. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024 Annuncio • Apr 11
Cox Energy América, S.A.B. de C.V. to Report Q1, 2024 Results on Apr 25, 2024 Cox Energy América, S.A.B. de C.V. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024 Annuncio • Feb 15
Cox Energy América, S.A.B. de C.V. to Report Q4, 2023 Results on Feb 27, 2024 Cox Energy América, S.A.B. de C.V. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024 Annuncio • Oct 11
Cox Energy América, S.A.B. de C.V. to Report Q3, 2023 Results on Oct 26, 2023 Cox Energy América, S.A.B. de C.V. announced that they will report Q3, 2023 results After-Market on Oct 26, 2023 Reported Earnings • Jul 30
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: Mex$146.7m (up 11% from 2Q 2022). Net loss: Mex$24.2m (loss narrowed 73% from 2Q 2022). Annuncio • Jul 14
Cox Energy América, S.A.B. de C.V. to Report Q2, 2023 Results on Jul 27, 2023 Cox Energy América, S.A.B. de C.V. announced that they will report Q2, 2023 results After-Market on Jul 27, 2023 Price Target Changed • Jun 03
Price target decreased by 18% to Mex$41.00 Down from Mex$50.15, the current price target is provided by 1 analyst. New target price is 86% above last closing price of Mex$22.00. Stock is down 15% over the past year. The company posted a net loss per share of Mex$1.18 last year. Price Target Changed • Apr 12
Price target decreased by 18% to Mex$41.00 Down from Mex$50.15, the current price target is provided by 1 analyst. New target price is 116% above last closing price of Mex$18.99. Stock is down 28% over the past year. The company posted a net loss per share of Mex$1.18 last year. Reported Earnings • Mar 04
Full year 2022 earnings released: Mex$1.18 loss per share (vs Mex$2.61 loss in FY 2021) Full year 2022 results: Mex$1.18 loss per share (improved from Mex$2.61 loss in FY 2021). Revenue: Mex$427.0m (up Mex$403.4m from FY 2021). Net loss: Mex$193.8m (loss narrowed 55% from FY 2021). Reported Earnings • Feb 22
Third quarter 2022 earnings released: Mex$0.25 loss per share (vs Mex$0.05 loss in 3Q 2021) Third quarter 2022 results: Mex$0.25 loss per share (further deteriorated from Mex$0.05 loss in 3Q 2021). Revenue: Mex$80.4m (up Mex$73.0m from 3Q 2021). Net loss: Mex$41.6m (loss widened 440% from 3Q 2021). Annuncio • Feb 14
Cox Energy América, S.A.B. de C.V. to Report Q4, 2022 Results on Feb 27, 2023 Cox Energy América, S.A.B. de C.V. announced that they will report Q4, 2022 results at 3:00 PM, Central Standard Time on Feb 27, 2023 Annuncio • Oct 11
Cox Energy América, S.A.B. de C.V. to Report Q3, 2022 Results on Oct 28, 2022 Cox Energy América, S.A.B. de C.V. announced that they will report Q3, 2022 results on Oct 28, 2022 Annuncio • Jul 13
Cox Energy América, S.A.B. de C.V. to Report Q2, 2022 Results on Jul 27, 2022 Cox Energy América, S.A.B. de C.V. announced that they will report Q2, 2022 results After-Market on Jul 27, 2022 Annuncio • Apr 14
Cox Energy América, S.A.B de C.V. to Report Q1, 2022 Results on Apr 27, 2022 Cox Energy América, S.A.B de C.V. announced that they will report Q1, 2022 results After-Market on Apr 27, 2022 Price Target Changed • Apr 04
Price target decreased to Mex$61.50 Down from Mex$67.65, the current price target is provided by 1 analyst. New target price is 132% above last closing price of Mex$26.55. Stock is down 13% over the past year. The company posted a net loss per share of Mex$2.68 last year. Annuncio • Feb 03
Cox Energy América, S.A.B de C.V. to Report Q4, 2021 Results on Feb 28, 2022 Cox Energy América, S.A.B de C.V. announced that they will report Q4, 2021 results After-Market on Feb 28, 2022 Price Target Changed • Feb 01
Price target decreased to Mex$61.50 Down from Mex$67.65, the current price target is provided by 1 analyst. New target price is 120% above last closing price of Mex$27.90. Stock is down 15% over the past year. The company posted a net loss per share of Mex$0.63 last year. Price Target Changed • Jan 11
Price target decreased to Mex$61.50 Down from Mex$67.65, the current price target is provided by 1 analyst. New target price is 120% above last closing price of Mex$28.00. Stock is down 17% over the past year. The company posted a net loss per share of Mex$0.63 last year. Reported Earnings • Nov 02
Third quarter 2021 earnings released: Mex$0.05 loss per share (vs Mex$0.088 loss in 3Q 2020) Third quarter 2021 results: Net loss: Mex$8.12m (loss narrowed 43% from 3Q 2020). Reported Earnings • Aug 02
Second quarter 2021 earnings released: Mex$0.083 loss per share (vs Mex$0.11 loss in 2Q 2020) Second quarter 2021 results: Net loss: Mex$13.6m (loss narrowed 18% from 2Q 2020).