#Mexico #Mexico City #Financial Services #EBITDA #Grupo Elektra

Grupo Elektra Reports Strong Q2 Results Amidst Market Changes

MÉXICO CITY, July 28, 2025 — Grupo Elektra, S.A.B. de C.V. (BMV: ELEKTRA* Latibex: XEKT), the leading specialty retailer and financial services company in Latin America, has recently shared its financial performance for the second quarter of 2025. In these results, Grupo Elektra highlighted a consolidated revenue of Ps.50,864 million, reflecting an increase from Ps.48,183 million during the same period last year, showcasing a commendable 6% growth.

Financial Metrics: A Closer Look

The company recorded a robust EBITDA of Ps.6,129 million, slightly lower than the Ps.6,326 million reported in Q2 of 2024, marking a decrease of about 3%. In spite of this dip in EBITDA, the operating income also faced a decline, landing at Ps.3,714 million compared to last year's Ps.3,996 million, demonstrating a 7% drop. However, it's essential to note that Grupo Elektra posted a substantial net income of Ps.2,696 million, a significant recovery from a loss of Ps.644 million in the previous year.

Revenue Breakdown

The growth in revenue was substantially driven by performance in both financial and commercial sectors. Financial business revenue hit Ps.31,544 million, with commercial business revenue at Ps.19,320 million, showcasing a consistent upward trajectory. Comparatively, financial revenues in the previous year were at Ps.29,242 million, while commercial revenues were recorded at Ps.18,941 million, further affirming the company's expansion in these markets.

Operating Costs and Operational Insights

Operating expenses totaled Ps.44,736 million, up from Ps.41,857 million in the same quarter last year. This uptick can be attributed to increased operational costs, including a rise in sales, administrative, and promotional expenditures amounting to Ps.22,056 million, compared to Ps.18,934 million last year. The company's conservative approach towards cost management remains a focal point in its operational strategy.

Future Perspectives

Looking ahead, Grupo Elektra’s leadership remains optimistic. The company recognizes the need to adapt to changing market conditions, especially amidst fluctuations in consumer patterns and broader economic factors. The management emphasizes its commitment to maintaining operational efficiency while also investing in growth opportunities across its diverse portfolio of services, ensuring that it meets the evolving needs of its customer base.

In related news, the company continues to navigate the competitive landscape of financial services, with a notable position as the largest non-bank provider of cash advance services in the United States. This distinction underscores Grupo Elektra's pivotal role in the market and its unwavering commitment to expanding its reach across Latin America.

Conclusion

To sum up, Grupo Elektra's Q2 2025 results reflect a company that, despite facing a few operational hurdles, demonstrates resilience and potential for growth. With robust revenue increases and a turnaround in net income, the organization is well-positioned to capitalize on its strengths in both the retail and financial sectors while remaining adaptable to market changes.