Business Context and Reporting Period
Company: AMÉRICA MÓVIL, S.A.B. DE C.V. (AMX)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date of Filing: April 29, 2025
Reporting Period: This filing addresses the status of the fiscal year ended December 31, 2024, and the scheduled Annual Shareholders Meeting originally set for April 30, 2025.
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a notification regarding the status of the audit rather than a financial results report.
Material Changes and Audit Status
- Audit Delay: The independent registered public accounting firm, Mancera S.C. (a member of Ernst & Young Global Limited), requires additional time to complete the audit of the consolidated financial statements for the fiscal year ended December 31, 2024.
- Scope of Review: The delay is attributed to ongoing requests and reviews of information relating to certain business processes within the Company's Mexico fixed and wireless segments.
- Impact on Filings: The delay will postpone the filing of the Annual Report on Form 20-F for the fiscal year ended December 31, 2024.
- Impact on Meetings: The Annual Shareholders Meeting, originally scheduled for April 30, 2025, will be delayed.
Guidance, Outlook, and Management Commentary
Management Action: AMX is working closely with Mancera/EY to expedite the completion of audit procedures. The Company anticipates filing the Form 20-F as promptly as possible and will announce the new expected date for the Annual Shareholders Meeting in the upcoming days.
Regulatory Notification: The Company will file a notification of late filing with both the U.S. Securities and Exchange Commission (SEC) and the Mexican National Banking and Securities Commission (CNBV).
Forward-Looking Statements: The release contains forward-looking statements regarding performance and future events, subject to risks and uncertainties that could cause actual results to differ materially from expectations.
Investor Verification Checklist
- Verify the specific nature of the "business processes" under review in the Mexico fixed and wireless segments once disclosed in future filings.
- Monitor for the updated date of the Annual Shareholders Meeting and the subsequent filing of the Form 20-F.
- Review the late filing notification submitted to the SEC and CNBV for additional regulatory context.
- Assess potential impacts on the Company's stock price and liquidity due to the delay in releasing audited financial results.