AMX

#243
America Movil, S.A.B. de C.V. American Depositary Shares
23.1 9 USD
-0.01%
Market Price
Sektor: Kommunikationsdienste
Basis: USD
Gewinnwährung: USD
Tagesspanne
23.10
23.22
Jahresspanne
19.38
28.45
Tagesänderung
-1.32%
Monatliche Änderung
-7.24%
6 month change
-10.46%
Jahresänderung
+17.24%
Vorheriger Schlusskurs
23.5 0
Open
23.1 2
Tief
23.1 0
Hoch
23.2 2
Volumen
901
Vollständige Grafik anzeigen

Financials

Übersicht Finanzbericht Statistik Dividenden Documents

2026

Current report, Q3 FY2026
AMERICA MOVIL SAB DE CV current report, Q3 FY2026
6-K
Current report, Q3 FY2026
AMERICA MOVIL SAB DE CV current report, Q3 FY2026
6-K
Current report, Q2 FY2026
AMERICA MOVIL SAB DE CV current report, Q2 FY2026
6-K
Current report, Q2 FY2026
AMERICA MOVIL SAB DE CV current report, Q2 FY2026
6-K
Current report, Q2 FY2026
AMERICA MOVIL SAB DE CV current report, Q2 FY2026
6-K
Current report, Q2 FY2026
AMERICA MOVIL SAB DE CV current report, Q2 FY2026
6-K
Current report, Q1 FY2026
AMERICA MOVIL SAB DE CV current report, Q1 FY2026
6-K
Current report, Q1 FY2026
AMERICA MOVIL SAB DE CV current report, Q1 FY2026
6-K
Current report, Q1 FY2026
AMERICA MOVIL SAB DE CV current report, Q1 FY2026
6-K

2025

Annual report, Q4 FY2025
AMERICA MOVIL SAB DE CV annual report, Q4 FY2025
20-F

AMERICA MOVIL SAB DE CV current report, Q2 FY2004

Full document

Business Context and Reporting Period

Company: America Movil S.A. de C.V.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: Second Quarter 2004 (ended June 30, 2004) and First Half 2004.
Business Overview: America Movil is a leading telecommunications operator in Latin America and the U.S., operating primarily through subsidiaries such as Telcel (Mexico), Telecom Americas/Claro (Brazil), CTI (Argentina), and Comcel (Colombia). The company reported strong subscriber growth, surpassing 50 million wireless subscribers and 52.3 million total lines (fixed and wireless) by the end of June 2004.

Key Financial Metrics

Revenue:

  • Q2 2004: 30.6 billion pesos (up 9.4% QoQ, 48.7% YoY).
  • H1 2004: 58.5 billion pesos (up 52.0% YoY).

Profitability:

  • EBITDA (Q2 2004): 10.3 billion pesos (up 4.8% QoQ, 29.6% YoY); Margin: 33.6% (down from 38.6% in Q1).
  • EBIT (Q2 2004): 6.1 billion pesos (up 41.4% YoY); Margin: 19.9%.
  • Net Income (Q2 2004): 3.1 billion pesos (down 35.6% YoY due to FX losses); EPS: 0.24 pesos.
  • Net Income (H1 2004): 7.3 billion pesos (down 7.4% YoY); EPS: 0.58 pesos.

Cash Flow and Capital Allocation:

  • Returned 7.6 billion pesos to shareholders via share buybacks and dividends.
  • Acquired ownership interests (Megatel, Enitel, CTI) for a net aggregate of 0.7 billion pesos.
  • Issued 1.75 billion pesos in medium-term notes.

Debt and Liquidity:

  • Net Debt Reduction: Reduced by 2.2 billion pesos in the quarter (excluding reclassifications). Including reclassifications, net debt fell by 4.5 billion pesos in H1 to 35.4 billion pesos.
  • Cash & Securities: 15.8 billion pesos as of June 2004 (up 54.4% from Dec 2003).
  • Short-Term Debt: 5.7 billion pesos (down 53.4% from Dec 2003).

Material Changes vs. Prior Period

Subscriber Growth: Added 3.5 million wireless subscribers in Q2, accelerating growth in Brazil (1.2M adds), Mexico (1.1M adds), Argentina (401k adds), and Central America (272k adds). Total wireless base reached 50.3 million.

Margin Compression: EBITDA margins declined sequentially (from 38.6% to 33.6%) primarily due to high subscriber acquisition costs associated with rapid growth in Brazil, Argentina, and Central America. Brazil and Argentina reported EBITDA losses in Q2 due to greenfield expansion and aggressive marketing.

Foreign Exchange Impact: Comprehensive financing costs turned into a net expense of 1.4 billion pesos in Q2 (vs. income of 1.2 billion pesos in Q2 2003) due to depreciation of the Mexican peso and Brazilian real against the U.S. dollar. This significantly impacted Net Income despite strong operating performance.

Acquisitions: Completed acquisition of 100% of Megatel (Honduras) and 100% of CTI (Argentina). Agreed to acquire controlling interest in Enitel (Nicaragua).

Guidance, Outlook, and Risks

Management Commentary: Management highlighted that strong subscriber growth is driving revenue but temporarily pressuring EBITDA margins due to acquisition costs. They noted that cost-control policies are effective outside of acquisition expenses. The GSM platform expansion in Mexico is proceeding as planned.

Risks and Contingencies:

  • Currency Fluctuation: Significant exposure to FX losses as local currencies (MXN, BRL) depreciate against the USD, impacting consolidated net income.
  • Greenfield Operations: New operations in Brazil (Bahia/Sergipe, Parana/Santa Catarina) are generating higher-than-anticipated losses due to rapid subscriber uptake and network development costs.
  • Forward-Looking Statements: Future results depend on economic conditions, industry trends, and successful execution of capital expenditure plans.

Investor Verification Checklist

  • FX Sensitivity: Verify the specific impact of currency devaluation on future earnings, as Q2 net income was heavily impacted by a 1.2 billion peso FX loss.
  • Margin Recovery Timeline: Assess management's timeline for EBITDA margin recovery in Brazil and Argentina as subscriber acquisition costs stabilize.
  • Debt Structure: Confirm the details of the 1.75 billion peso medium-term note issuance and its effect on long-term leverage ratios.
  • Acquisition Integration: Monitor the integration progress and financial contribution of newly acquired assets (Megatel, Enitel, CTI).
  • Regulatory Environment: Review regulatory changes in key markets (especially Brazil's SMP regime) that may affect pricing and competition.

Nachrichten