)
Betterware (BWMX) investor relations material
Betterware Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 1.2% year-over-year revenue growth in Q4 and full year 2025, demonstrating resilience amid macroeconomic volatility and soft consumption trends.
EBITDA margin remained strong at 19% for Q4 and 18.7% for the year, though impacted by Q1 contraction, FX effects, and temporary gross margin impacts.
Free cash flow surged, with over 83% of EBITDA converted to cash and year-over-year increases driven by inventory optimization.
Strategic pillars advanced: leadership in Mexico, regional expansion, new brands/categories, digital transformation, and financial discipline.
Completion of the Tupperware Latam acquisition for $250 million is expected in Q2 2026, anticipated to be accretive and expand presence in Brazil.
Financial highlights
Q4 and full-year 2025 net revenue grew 1.2% year-over-year; Q4 EBITDA margin at 19%, full-year at 18.7%.
Free cash flow increased 24.6% for the year, with 83% EBITDA conversion.
Net debt to EBITDA improved to 1.56x at year-end 2025.
24 consecutive quarters of dividend payments, with a 32% dividend-to-EBITDA ratio.
Q4 net income increased 10.9% YoY to Ps. 249.9 million; FY net income up 46.5% to Ps. 1,042.8 million.
Outlook and guidance
FY 2026 revenue guidance: 4%-8% growth, with EBITDA margin expected at least 19%.
Guidance excludes Tupperware Latam acquisition, which will be updated post-closing.
Anticipate normalized cash flow generation, with growth driven by top-line and profitability.
Strategic pillars for 2025–2030 include consolidating Mexico leadership, regional expansion, new brands, digital transformation, and financial discipline.
Next Betterware earnings date
Next Betterware earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)