INDUSTRIAS BACHOCO Reports FY2022 Q4 Earnings Results for December 31 2022

March 19, 2023

Earnings Overview

On February 9 2023, INDUSTRIAS BACHOCO ($NYSE:IBA) announced its Q4 2022 earnings results for the period ending on December 31 2022, showing total revenue of MXN 79.5 million, a substantial decrease of 87.7% compared to the same period in the previous year. Despite this, net income increased 11.2% year over year to MXN 23633.8 million.

Price History

The stock opened at $52.1 and closed at $51.9, representing a slight increase of 0.2% from the previous day’s closing price of 51.8. Investors reacted positively to the report, pushing the share price up slightly. The company has been able to generate steady profits over the years, and its fourth quarter results reflect this trend.

Overall, INDUSTRIAS BACHOCO’s results for the fourth quarter of FY2022 are positive and show that the company is continuing to perform well despite the current market conditions. Investors reacted positively to the results, pushing the stock price up slightly. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Industrias Bachoco. More…

    Total Revenues Net Income Net Margin
    98.89k 6.15k 6.2%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Industrias Bachoco. More…

    Operations Investing Financing
    5.8k -4.21k -2.25k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Industrias Bachoco. More…

    Total Assets Total Liabilities Book Value Per Share
    72.24k 19.19k 1.05k
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Industrias Bachoco are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    17.1% 28.4% 8.5%
    FCF Margin ROE ROA
    1.2% 10.0% 7.3%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    This rating reflects the company’s ability to continuously generate profits, while maintaining a sound balance sheet with sufficient liquidity and a healthy debt-to-equity ratio. However, our analysis has detected two risk warnings in the income and balance sheets. To get more detailed insights into the risk factors, become a registered user and access our comprehensive financial analysis report. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The company’s primary competitors are Atlantic Sapphire ASA, BAB Inc, and Summer Infant Inc.

    – Atlantic Sapphire ASA ($OTCPK:AASZF)

    Sapphire Offshore ASA, together with its subsidiaries, provides offshore oil and gas services worldwide. The company operates through three segments: Drilling, Construction, and Well Services. It offers drilling services, including turnkey projects, well management, and operations and maintenance; construction services, such as project management, engineering, procurement, and construction; and well services comprising well intervention, workover, and decommissioning services. The company was formerly known as Stavanger Drilling ASA and changed its name to Sapphire Offshore ASA in February 2014. Sapphire Offshore ASA was founded in 1965 and is headquartered in Stavanger, Norway.

    – BAB Inc ($OTCPK:BABB)

    BAB Inc is a publicly traded company with a market cap of 6.24M as of 2022. The company has a Return on Equity of 11.16%. BAB Inc is a provider of online travel services. The company offers a range of travel-related products and services, including air tickets, hotel reservations, car rentals, and vacation packages.


    INDUSTRIAS BACHOCO reported its FY2022 Q4 earnings results as of December 31 2022 on February 9 2023, revealing a decrease in total revenue of 87.7% year over year. Despite this, net income rose 11.2% compared to the previous year. For investors, this indicates that the company is still able to maintain profitable operations despite significant revenue losses.

    It also appears that INDUSTRIAS BACHOCO may be shifting its focus from revenue to profit, as evidenced by the improved net income figures. Investors should continue to monitor the company’s performance and movements for opportunities to enter or exit positions as necessary.

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