BLX
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 6.35 | 5.44 | 6.38 | 10.25 |
| Price to Sales | 4.59 | 3.80 | 4.02 | 6.34 |
| Book Value Per Common Share | 36.35 | 32.95 | 29.44 | 27.37 |
| Price to Book | 0.98 | 0.75 | 0.55 | 0.61 |
| Price to Operating Cash Flow | -10.65 | 0.85 | -0.76 | -0.74 |
| Price to Free Cash Flow | -10.32 | 0.85 | -0.76 | -0.74 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 31.06 | 23.29 | 26.14 | 25.41 | 22.56 |
| Price to Sales | 20.68 | 16.65 | 17.35 | 21.97 | 15.41 |
| Book Value Per Common Share | 44.22 | 38.02 | 36.89 | 36.35 | 35.61 |
| Price to Book | 1.04 | 1.06 | 0.99 | 0.98 | 0.91 |
| Price to Operating Cash Flow | 5.55 | 1.71 | 6.88 | -2.46 | -4.91 |
| Price to Free Cash Flow | 5.54 | 1.72 | 6.89 | -2.46 | -4.88 |
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 23.08 | 79.13 | 56.79 | |
| Revenue YoY | 19.99 | 62.41 | 43.78 | |
| EBITDA YoY | ||||
| Net Profit YoY | 23.90 | 80.53 | 46.80 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -14.45 | 23.57 | 0.00 | -2.78 | |
| Revenue YoY | -8.07 | 15.51 | 30.86 | -23.22 | |
| EBITDA YoY | |||||
| Net Profit YoY | -14.36 | 24.07 | 0.47 | -2.84 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | ||||
| Quick Ratio | ||||
| Current Ratio | ||||
| Debt to Equity | 7.87 | 7.92 | 7.68 | 7.10 |
| Long-Term Debt to Equity |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | |||||
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 6.59 | 7.95 | 8.04 | 7.87 | 7.71 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 1.74 | 1.55 | 0.99 | 0.78 |
| ROE | 15.40 | 13.80 | 8.61 | 6.32 |
| Gross Margin | ||||
| Operating Margin | ||||
| EBITDA Margin | ||||
| Net Profit Margin | 72.29 | 70.01 | 62.98 | 61.68 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 0.44 | 0.51 | 0.42 | 0.43 | 0.46 |
| ROE | 3.34 | 4.53 | 3.77 | 3.85 | 4.05 |
| Gross Margin | |||||
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 66.40 | 71.28 | 66.37 | 86.44 | 68.30 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 35.35 | 21.83 | 39.27 | 61.52 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 41.70 | 36.00 | 44.24 | 35.37 | 34.37 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 11,858,673.00 | 10,743,792.00 | 9,283,910.00 | 8,038,111.00 |
| Cash and Short-Term Investments | 0 | 0 | 0 | 0 |
| Cash and Cash Equivalents | 1,963,838.00 | 2,047,452.00 | 1,241,586.00 | 1,253,052.00 |
| Short-Term Investments | 99,486.00 | 11,865.00 | 0 | 0 |
| Net Receivables | 122,234.00 | 115,529.00 | 71,677.00 | 24,709.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 25,498.00 | 18,992.00 | 17,707.00 | 18,289.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 3,663.00 | 2,605.00 | 2,104.00 | 1,595.00 |
| Long-Term Investments | 1,201,930.00 | 1,022,131.00 | 1,023,632.00 | 831,913.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 |
| Liabilities | 10,521,464.00 | 9,539,968.00 | 8,214,563.00 | 7,046,321.00 |
| Payables and Expenses | 124,727.00 | 121,356.00 | 86,629.00 | 24,128.00 |
| Account Payables | 92,921.00 | 97,236.00 | 69,817.00 | 14,862.00 |
| Current Accrued Liabilities | 31,806.00 | 24,120.00 | 16,812.00 | 9,266.00 |
| Short-Term Debt | 1,654,587.00 | 1,725,748.00 | 2,195,190.00 | 1,583,054.00 |
| Other Current Liabilities | 0 | 0 | 0 | 0 |
| Long-Term Debt | 2,716,961.00 | 2,642,947.00 | 2,238,066.00 | 1,738,857.00 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 |
| Equity | 1,337,209.00 | 1,203,824.00 | 1,069,347.00 | 991,790.00 |
| Shareholders Equity | 1,337,209.00 | 1,203,824.00 | 1,069,347.00 | 991,790.00 |
| Capital Stock | 279,980.00 | 279,980.00 | 279,980.00 | 279,980.00 |
| Share Premium | 124,970.00 | 122,046.00 | 120,498.00 | 120,043.00 |
| Retained Earnings | 792,005.00 | 673,281.00 | 543,612.00 | 487,885.00 |
| Treasury Shares | 105,601.00 | 110,174.00 | 114,097.00 | 115,799.00 |
| Accumulated Other Comprehensive Income | 245,855.00 | 238,691.00 | 239,354.00 | 219,681.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 4,371,548.00 | 4,368,695.00 | 4,433,256.00 | 3,321,911.00 |
| Net Debt | 2,388,478.00 | 2,304,536.00 | 3,174,925.00 | 2,051,126.00 |
| Common Shares Outstanding | 36,790.82 | 36,539.86 | 36,324.56 | 36,231.15 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 284,779.00 | 237,335.00 | 146,136.00 | 101,642.00 |
| Interest Income | 785,032.00 | 679,260.00 | 332,621.00 | 140,883.00 |
| Interest Expense | 525,821.00 | 446,077.00 | 184,610.00 | 54,101.00 |
| Non-Interest Expense | 75,343.00 | 68,083.00 | 51,381.00 | 35,454.00 |
| Selling, General and Administrative Expenses | 67,750.00 | 60,762.00 | 45,424.00 | 30,189.00 |
| EBT | 205,873.00 | 166,158.00 | 92,040.00 | 62,697.00 |
| Income Tax | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | 205,873.00 | 166,158.00 | 92,040.00 | 62,697.00 |
| Net Income | 205,873.00 | 166,158.00 | 92,040.00 | 62,697.00 |
| Deprecation and Amortization | 3,563.00 | 3,094.00 | 2,715.00 | 3,491.00 |
| EPS | 0.01 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.01 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 36,740.00 | 36,481.00 | 36,304.00 | 38,796.00 |
| Average Shares Outstanding Diluted | 36,740.00 | 36,481.00 | 36,304.00 | 38,796.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -122,659.00 | 1,062,114.00 | -769,653.00 | -871,714.00 |
| Operating Net Income | 205,873.00 | 166,158.00 | 92,040.00 | 62,697.00 |
| Deprecation and Amortization | 3,563.00 | 3,094.00 | 2,715.00 | 3,491.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 7,497.00 | 5,471.00 | 2,157.00 | 1,908.00 |
| Change in Working Capital | -304,859.00 | 820,950.00 | -894,006.00 | -954,833.00 |
| Other Operating Activities | -34,733.00 | 66,441.00 | 27,441.00 | 15,023.00 |
| Investing Cash Flow | -180,020.00 | -12,767.00 | -166,659.00 | -446,082.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -1,813.00 | -761.00 | -1,651.00 | -453.00 |
| Net Purchase/Sale of Investments Net | -176,085.00 | -10,671.00 | -213,619.00 | -445,276.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | -2,122.00 | -1,335.00 | 48,611.00 | -353.00 |
| Financing Cash Flow | 135,542.00 | -253,215.00 | 916,247.00 | 1,682,789.00 |
| Net Issuance/Repayment of Debt | 305,643.00 | -226,646.00 | 1,079,388.00 | 1,364,603.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | -60,079.00 |
| Dividends Paid | -72,778.00 | -36,268.00 | -36,141.00 | -38,570.00 |
| Other Financing Activities | 0 | 9,699.00 | -127,000.00 | 416,835.00 |
| Net Change in Cash | -167,137.00 | 796,132.00 | -20,065.00 | 364,993.00 |
| Cash at Beginning of Period | 1,987,068.00 | 1,190,936.00 | 1,211,001.00 | 846,008.00 |
| Cash at End of Period | 1,819,931.00 | 1,987,068.00 | 1,190,936.00 | 1,211,001.00 |
| Free Cash Flow | -126,594.00 | 1,060,018.00 | -772,374.00 | -872,520.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 12,497,802.00 | 12,674,207.00 | 12,394,857.00 | 11,858,673.00 | 11,412,143.00 |
| Cash and Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Cash and Cash Equivalents | 1,959,783.00 | 1,972,581.00 | 1,873,678.00 | 1,963,838.00 | 1,709,503.00 |
| Short-Term Investments | 91,821.00 | 99,060.00 | 128,687.00 | 99,486.00 | 101,219.00 |
| Net Receivables | 108,412.00 | 105,239.00 | 126,995.00 | 122,234.00 | 123,739.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 24,787.00 | 28,766.00 | 26,430.00 | 25,498.00 | 19,931.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 3,663.00 | 0 |
| Long-Term Investments | 1,426,520.00 | 1,377,813.00 | 1,276,167.00 | 1,201,930.00 | 1,213,329.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 10,851,329.00 | 11,258,727.00 | 11,024,186.00 | 10,521,464.00 | 10,102,323.00 |
| Payables and Expenses | 111,507.00 | 125,188.00 | 117,122.00 | 124,727.00 | 125,572.00 |
| Account Payables | 91,297.00 | 95,469.00 | 89,369.00 | 92,921.00 | 97,809.00 |
| Current Accrued Liabilities | 20,210.00 | 29,719.00 | 27,753.00 | 31,806.00 | 27,763.00 |
| Short-Term Debt | 1,061,685.00 | 1,240,945.00 | 1,235,992.00 | 1,654,587.00 | 777,189.00 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 2,353,991.00 | 2,557,121.00 | 2,787,160.00 | 2,716,961.00 | 2,810,083.00 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 1,646,473.00 | 1,415,480.00 | 1,370,671.00 | 1,337,209.00 | 1,309,820.00 |
| Shareholders Equity | 1,646,473.00 | 1,415,480.00 | 1,370,671.00 | 1,337,209.00 | 1,309,820.00 |
| Capital Stock | 279,980.00 | 279,980.00 | 279,980.00 | 279,980.00 | 279,980.00 |
| Share Premium | 122,994.00 | 120,854.00 | 120,213.00 | 124,970.00 | 122,472.00 |
| Retained Earnings | 891,325.00 | 861,430.00 | 820,542.00 | 792,005.00 | 763,460.00 |
| Treasury Shares | 97,581.00 | 97,578.00 | 98,978.00 | 105,601.00 | 105,672.00 |
| Accumulated Other Comprehensive Income | 251,779.00 | 250,794.00 | 248,914.00 | 245,855.00 | 249,580.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 3,415,676.00 | 3,798,066.00 | 4,023,152.00 | 4,371,548.00 | 3,587,272.00 |
| Net Debt | 1,437,516.00 | 1,806,772.00 | 2,130,481.00 | 2,388,478.00 | 1,861,902.00 |
| Common Shares Outstanding | 37,231.00 | 37,231.00 | 37,154.00 | 36,790.82 | 36,786.98 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 82,777.00 | 90,042.00 | 77,949.00 | 59,568.00 | 77,583.00 |
| Interest Income | 193,680.00 | 194,431.00 | 189,420.00 | 197,405.00 | 198,682.00 |
| Interest Expense | 126,253.00 | 126,692.00 | 124,164.00 | 130,468.00 | 132,052.00 |
| Non-Interest Expense | 20,275.00 | 19,770.00 | 19,982.00 | 13,591.00 | 20,149.00 |
| Selling, General and Administrative Expenses | 13,196.00 | 12,384.00 | 13,938.00 | 30,142.00 | 14,177.00 |
| EBT | 54,968.00 | 64,184.00 | 51,732.00 | 51,490.00 | 52,993.00 |
| Income Tax | 0 | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | 54,968.00 | 64,184.00 | 51,732.00 | 51,490.00 | 52,993.00 |
| Net Income | 54,968.00 | 64,184.00 | 51,732.00 | 51,490.00 | 52,993.00 |
| Deprecation and Amortization | 1,052.00 | 1,069.00 | 1,019.00 | 1,011.00 | 893.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 37,231.00 | 37,203.00 | 36,941.00 | 36,790.00 | 36,787.00 |
| Average Shares Outstanding Diluted | 37,231.00 | 37,203.00 | 36,941.00 | 36,790.00 | 36,787.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 308,556.00 | 874,827.00 | 196,569.00 | -531,269.00 | -243,254.00 |
| Operating Net Income | 54,968.00 | 64,184.00 | 51,732.00 | 51,490.00 | 52,993.00 |
| Deprecation and Amortization | 1,052.00 | 1,069.00 | 1,019.00 | 1,011.00 | 893.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 2,137.00 | 2,041.00 | 1,866.00 | 2,569.00 | 1,737.00 |
| Change in Working Capital | 230,582.00 | 672,565.00 | 143,158.00 | -587,428.00 | -254,576.00 |
| Other Operating Activities | 19,817.00 | 134,968.00 | -1,206.00 | 1,089.00 | -44,301.00 |
| Investing Cash Flow | -45,321.00 | -95,765.00 | -71,438.00 | 10,636.00 | -66,044.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 980.00 | -925.00 | -223.00 | -788.00 | -818.00 |
| Net Purchase/Sale of Investments Net | -45,506.00 | -94,463.00 | -71,127.00 | 12,312.00 | -64,467.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -795.00 | -377.00 | -88.00 | -888.00 | -759.00 |
| Financing Cash Flow | -289,039.00 | -642,210.00 | -170,982.00 | 732,145.00 | 116,583.00 |
| Net Issuance/Repayment of Debt | -406,736.00 | -357,421.00 | -393,470.00 | 883,780.00 | 91,264.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -22,920.00 | -23,103.00 | -22,885.00 | -18,210.00 | -18,215.00 |
| Other Financing Activities | 140,617.00 | -261,686.00 | 245,373.00 | -133,425.00 | 43,534.00 |
| Net Change in Cash | -25,804.00 | 136,852.00 | -45,851.00 | 211,512.00 | -192,715.00 |
| Cash at Beginning of Period | 1,910,932.00 | 1,774,080.00 | 1,819,931.00 | 1,608,419.00 | 1,801,134.00 |
| Cash at End of Period | 1,885,128.00 | 1,910,932.00 | 1,774,080.00 | 1,819,931.00 | 1,608,419.00 |
| Free Cash Flow | 308,741.00 | 873,525.00 | 196,258.00 | -532,945.00 | -244,831.00 |