Megacable Holdings, S. A. B. de C. V.

Mexico Stock Exchange MEGACPO.MX

Megacable Holdings, S. A. B. de C. V. Gross Profit for the year ending December 31, 2023: USD 863.73 M

Megacable Holdings, S. A. B. de C. V. Gross Profit is USD 863.73 M for the year ending December 31, 2023, a 19.36% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Megacable Holdings, S. A. B. de C. V. Gross Profit for the year ending December 31, 2022 was USD 723.63 M, a 11.05% change year over year.
  • Megacable Holdings, S. A. B. de C. V. Gross Profit for the year ending December 31, 2021 was USD 651.64 M, a 5.64% change year over year.
  • Megacable Holdings, S. A. B. de C. V. Gross Profit for the year ending December 31, 2020 was USD 616.85 M, a -2.27% change year over year.
  • Megacable Holdings, S. A. B. de C. V. Gross Profit for the year ending December 31, 2019 was USD 631.18 M, a 5.85% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Mexico Stock Exchange: MEGACPO.MX

Megacable Holdings, S. A. B. de C. V.

CEO Lic. Enrique Yamuni Robles
IPO Date Nov. 8, 2007
Location Mexico
Headquarters Av. Lázaro Cárdenas 1694
Employees 29,057
Sector Communication Services
Industries
Description

Megacable Holdings, S. A. B. de C. V., together with its subsidiaries, engages in the installation, operation, and maintenance of cable television, internet, and telephone signal distribution systems. It operates through Cable, Internet, Telephony, Business, and Other segments. The company operates cable television systems in various states of Mexico; and offers high-speed Internet services to residential and commercial customers, as well as digital fixed telephony services to residential and commercial customers. It also produces and broadcasts TV programs, as well as offers distribution services from various points and channels, virtual private network, and other network services. The company provides video services to 3,412,627 subscribers; Internet services to 3,510,324 subscribers; and telephony services to 2,626,798 subscribers. It is also involved in the leasing of equipment and infrastructure for providing cable, internet, and telephone services; provision of technical, sales, and administrative staff services, as well as connectivity solutions; and operation of 'Video rola' channel. The company was founded in 1978 and is headquartered in Guadalajara, Mexico.

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StockViz Staff

January 15, 2025

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