お知らせ • 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 12
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. This is currently the only risk that has been identified for the company. New Risk • Oct 30
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 Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). 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). Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.27, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 17x in the Renewable Energy industry in Spain. Total loss to shareholders of 21% over the past year. New Risk • Aug 12
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: Minor Risks High level of debt (75% net debt to equity). Share price has been volatile over the past 3 months (6.2% average weekly change). 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). New Risk • Aug 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. New Risk • Jun 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Share price has been volatile over the past 3 months (5.2% average weekly change). Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.74, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 17x in the Renewable Energy industry in Spain. Total returns to shareholders of 3.0% over the past year. New Risk • May 20
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 45% 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. This is currently the only risk that has been identified for the company. Reported Earnings • May 04
First quarter 2025 earnings released: Mex$0.22 loss per share (vs Mex$0.31 loss in 1Q 2024) First quarter 2025 results: Mex$0.22 loss per share (improved from Mex$0.31 loss in 1Q 2024). Revenue: Mex$2.47b (up 213% from 1Q 2024). Net loss: Mex$39.5m (loss narrowed 26% from 1Q 2024). New Risk • Mar 19
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: Minor Risks High level of debt (48% net debt to equity). Share price has been volatile over the past 3 months (4.4% average weekly change). New Risk • Mar 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: Mex$1.17 (vs Mex$1.58 loss in FY 2023) Full year 2024 results: EPS: Mex$1.17 (up from Mex$1.58 loss in FY 2023). Revenue: Mex$5.05b (up 321% from FY 2023). Net income: Mex$210.5m (up Mex$481.5m from FY 2023). Profit margin: 4.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. New Risk • Feb 28
New major risk - Revenue and earnings growth Earnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. 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. Reported Earnings • Oct 27
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 1.2% growth forecast for the Renewable Energy industry in Spain. New Risk • Aug 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (4.4% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Reported Earnings • Jul 28
Second quarter 2024 earnings released: EPS: Mex$0.45 (vs Mex$0.15 loss in 2Q 2023) Second quarter 2024 results: EPS: Mex$0.45 (up from Mex$0.15 loss in 2Q 2023). Revenue: Mex$1.34b (up Mex$1.20b from 2Q 2023). Net income: Mex$76.8m (up Mex$101.0m from 2Q 2023). Profit margin: 5.7% (up from net loss in 2Q 2023). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Renewable Energy industry in Spain. お知らせ • 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 Reported Earnings • Apr 28
First quarter 2024 earnings released First quarter 2024 results: Revenue: Mex$788.5m (up 496% from 1Q 2023). Net loss: Mex$37.3m (loss widened 121% from 1Q 2023). Revenue is forecast to grow 41% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. お知らせ • 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 お知らせ • 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 Reported Earnings • Oct 30
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: Mex$157.2m (up 96% from 3Q 2022). Net loss: Mex$29.8m (loss narrowed 28% from 3Q 2022). お知らせ • 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). お知らせ • 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