NYSE$BWMX

Betterware De Mexico Sapi De · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Betterware de México reported Q1 2025 net revenue of MXN 3.50B with net income of MXN 151M and EPS of MXN 4.06.

Consolidated net revenue was MXN 3.50 billion for the quarter ended March 31, 2025, down 2.9% year over year amid weaker consumption in Mexico. Net income was MXN 151 million; EPS was MXN 4.06. EBITDA margin compressed on peso depreciation and imported product costs.

  • Q1 net revenue MXN 3.50B (-2.9% YoY).
  • Net income MXN 151M; EPS MXN 4.06.
  • Mexico associate base and volumes pressured by macro.
  • Latin America expansion and Jafra US recovery are strategic priorities.

Headline financials

Total Revenue

Mex$3.5B

Previous: Mex$212M+1550.5%
EPS (adj)

Mex$4.06

Previous: Mex$0.47+763.8%
Net Income

Mex$151M

Previous: Mex$17.3M+774.6%

Revenue & EPS history

Betterware · Revenue · Quarterly

Mex$3.5B

Q1 2025+1,550.5%vs Q1 2024
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Betterware · Mex$3.15B total across 3 segments · Q3 2025

  • Jafra Mexico
    Mex$1.75B
  • Betterware Mexico
    Mex$1.39B
  • Jafra US
    Mex$12.7M

Forward guidance

Management cites cautious near-term Mexico consumption while advancing Latin America expansion and Jafra US platform investments.

Tailwinds

  • Flexible direct-selling model can adapt quickly when demand recovers.
  • International rollout in Guatemala and Ecuador adds growth optionality.

Headwinds

  • Peso weakness raises imported product costs and pressured Q1 margins.
  • Associate counts and activity levels declined amid weak consumer confidence.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.8%

Avg return

Earnings day

-0.8%

Avg return

5 days after

-2.1%

Avg return

30 days after

43%

12 / 28 earnings

Positive

+25.5%

Q1 2020

Best reaction

-38.4%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-8.6%+0.6%+0.8%
Q3 2025+2.3%+9.4%+7.2%
Q2 2025+14.5%+25.7%+33.0%
Q1 2025-3.3%-3.8%-17.4%
Q4 2024-2.7%-2.7%-0.6%
Q3 2024+4.4%+4.6%-0.5%
Q2 2024-3.7%-6.2%-8.8%
Q1 2024-13.5%-15.3%-13.7%
Q4 2023+8.8%+19.9%+39.1%
Q3 2023-38.4%-27.8%-14.3%
Q2 2023+1.5%+7.6%+14.4%
Q1 2023+9.5%+2.7%+6.0%
Q4 2022+5.4%+12.1%+15.1%
Q3 2022-12.5%-13.1%-17.1%
Q2 2022+1.5%+3.3%-15.9%
Q1 2022-5.4%-5.0%-23.0%
Q4 2021-33.9%-30.0%-14.3%
Q3 2021-15.4%-17.9%-26.8%
Q2 2021-8.9%-12.1%-12.2%
Q1 2021-4.6%-8.2%-10.0%
Q4 2020+9.0%+2.3%-9.1%
Q3 2020+16.8%+17.1%+2.1%
Q2 2020+1.7%+3.4%-7.1%
Q4 2019-1.5%+6.2%-3.7%
Q1 2020+25.5%+4.1%+15.5%
Q3 2019+0.0%+0.2%+0.3%
Q2 2019+0.0%+0.5%+0.5%
Q1 2019+0.0%+0.1%+1.2%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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