Betterware de MéxicoP.I. de Reports Third Quarter 2022 Earnings

Betterware de MéxicoP.I. de (NASDAQ:BWMX) Third Quarter 2022 Results

Key Financial Results

• Revenue: Mex$3.16b (up 34% from 3Q 2021).
• Net income: Mex$6.51m (down 99% from 3Q 2021).
• Profit margin: 0.2% (down from 22% in 3Q 2021).
  • The decrease in margin was driven by higher expenses.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Betterware de MéxicoP.I. de Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Online Retail industry in the US.

Performance of the American Online Retail industry.

The company's shares are down 9.2% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Betterware de MéxicoP.I. de (1 is a bit concerning!) that you should be aware of.

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