Betterware DE Mexico, S.a.p.i. DE C.v balance sheet
At the end of fiscal 2025, Betterware DE Mexico, S.a.p.i. DE C.v had total assets of $533m, total liabilities of $457m and shareholders' equity of $75.6m. It held $18.2m in cash against $228m of debt: net debt of $210m.
Balance sheet
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 12 | 9 | 11 | 33 | 57 | 42 | 33 | 14 | 18 |
| Receivables | — | — | — | — | 0 | 0 | — | 6 | 4 |
| Inventory | — | 15 | 18 | 65 | 63 | 109 | 120 | 120 | 111 |
| Total current assets | — | 37 | 47 | 143 | 163 | 223 | 236 | 218 | 219 |
| Goodwill | 18 | 18 | 18 | 18 | 18 | 82 | 95 | 77 | 89 |
| Total assets | — | 74 | 95 | 219 | 253 | 581 | 656 | 501 | 533 |
| Total current liabilities | — | 37 | 47 | 144 | 119 | 160 | 227 | 228 | 238 |
| Short-term debt | — | 9 | 16 | 5 | 3 | 12 | 30 | 55 | 57 |
| Long-term debt | — | 29 | 28 | 26 | 72 | 304 | 274 | 176 | 171 |
| Total debt | 0 | 38 | 44 | 32 | 75 | 327 | 334 | 231 | 228 |
| Total liabilities | — | 70 | 80 | 175 | 194 | 525 | 570 | 445 | 457 |
| Shareholders' equity | 9 | 4 | 47 | 44 | 58 | 56 | 87 | 56 | 76 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | −32 | — | — | — | — | — | — |
| Net debt (negative = net cash) | −12 | 29 | 32 | −1 | 18 | 285 | 301 | 217 | 210 |
| Shares outstanding | — | — | — | 37m | 37m | 37m | 37m | 37m | 37m |
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