KOF Q1 2023 Earnings Report — Coca-Cola FEMSA, S.A.B. de C.V. Revenue & Financial Results | Market Cap Arena

Coca-Cola FEMSA, S.A.B. de C.V.KOF

Q1 2023 Earnings

Reported March 30, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2023	Q4 2022	Q1 2022	QoQ Change	YoY Change
Revenue	$177M	—	—	—	—
Op. Income	$24M	—	—	—	—
Gross Margin	44.4%	—	—	—	—
Net Margin	6.8%	—	—	—	—
EPS (Diluted)	$1.07	—	—	—	—
Free Cash Flow	$280M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$177M
Cost of Revenue	$98M
GROSS PROFIT	$78M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$177M
SG&A Expenses	$55M
Other Expenses	$0
Operating Expenses	$55M
Cost & Expenses	$153M
OPERATING INCOME	$24M
Interest Income	$60M
Interest Expense	$110M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$19M
Income Tax Expense	$6M
Net Income from Continuing Ops	$234M
Net Income from Discontinued Ops	$0
Other Adjustments	-$1
NET INCOME	$12M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$225M
D&A	$9M
EBIT	$25M
EBITDA	$33M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$177M
Cost of Revenue	$98M
GROSS PROFIT	$78M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$177M
SG&A Expenses	$55M
Other Expenses	$0
Operating Expenses	$55M
Cost & Expenses	$153M
OPERATING INCOME	$24M
Interest Income	$60M
Interest Expense	$110M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$19M
Income Tax Expense	$6M
Net Income from Continuing Ops	$234M
Net Income from Discontinued Ops	$0
Other Adjustments	-$1
NET INCOME	$12M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$225M
D&A	$9M
EBIT	$25M
EBITDA	$33M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$210M
Depreciation & Amortization	$150M
Stock-Based Compensation	$0
Deferred Income Tax	-$29M
Other Non-Cash Items	$8.1B
Change in Working Capital	-$24M
OPERATING CASH FLOW	$466M
Capital Expenditure	-$186M
Acquisitions (Net)	$2M
Purchases of Investments	-$12M
Sales/Maturities of Investments	$0
Other Investing Activities	-$3.9B
NET CASH FROM INVESTING	-$4.1B
Net Debt Issuance	-$28M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$1.1B
NET CASH FROM FINANCING	-$1.1B
FREE CASH FLOW	$280M
Net Change in Cash	$3.8B

Balance Sheet

Item	Amount
Cash & Equivalents	$2.4B
Short-Term Investments	$0
Net Receivables	$648M
Inventory	$796M
Other Current Assets	$704M
TOTAL CURRENT ASSETS	$4.5B
PP&E (Net)	$4.1B
Goodwill	$1.2B
Intangible Assets	$4.6B
Long-Term Investments	$523M
Tax Assets	$0
Other Non-Current Assets	$798M
TOTAL NON-CURRENT ASSETS	$11.3B
TOTAL ASSETS	$15.8B
Account Payables	$1.4B
Short-Term Debt	$454M
Deferred Revenue	$0
Other Current Liabilities	$2.1B
TOTAL CURRENT LIABILITIES	$4.0B
Long-Term Debt	$4.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$731M
TOTAL NON-CURRENT LIABILITIES	$4.9B
TOTAL LIABILITIES	$8.9B
Common Stock	$54M
Additional Paid-In Capital	$2.6B
Retained Earnings	$4.6B
Treasury Stock	$0
Accum. Other Comp. Income	-$714M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.6B
Minority Interest	$370M
TOTAL EQUITY	$7.0B
TOTAL LIABILITIES & EQUITY	$15.8B
Total Debt	$4.7B
Net Debt	$2.2B