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

Grupo Elektra's Third Quarter 2025 Financial Performance

Grupo Elektra, a prominent financial services company and specialty retailer operating across Latin America and the United States, has released its financial results for the third quarter of 2025, showcasing a positive trajectory in both revenue and net income compared to the previous year.

Quarterly Results Overview

The company's consolidated revenue for the third quarter reached Ps.53,864 million, an impressive increase from Ps.50,761 million reported in the same period last year. This surge in revenue illustrates Grupo Elektra's robust market position and efficient operational strategies.

However, this growth came with an uptick in consolidated costs, which climbed to Ps.25,637 million from Ps.24,538 million in 2024. Sales, administrative, and promotional expenses also rose, tallying Ps.21,305 million, up from Ps.19,358 million in the previous year, marking a 10% increase.

EBITDA for the quarter stood at Ps.6,922 million, slightly higher than Ps.6,865 million year-over-year, indicating stable operational profitability. A significant highlight was the Ps.155 million gain in foreign exchange, a notable improvement from the Ps.491 million loss experienced a year earlier, reflecting a favorable shift in currency dynamics and a net liability monetary position.

Balanced Financial Results

Grupo Elektra also reported other financial results that improved positively by Ps.3,965 million, contrasting markedly with a loss observed in the prior year, underscoring the company's enhanced financial stability in the current quarter. Nonetheless, the tax provision saw an increase of Ps.1,299 million, aligning with the boosted earnings.

The net income reported was Ps.2,274 million, a substantial recovery from the net loss of Ps.574 million recorded in the same period last year. This demonstrates the company’s successful turnaround strategies and operational efficiencies over the past year.

Balance Sheet Insights

On the balance sheet side, Grupo Elektra's consolidated gross loan portfolio exhibited growth, reaching Ps.212,366 million, up from Ps.189,537 million previously. The consolidated non-performing loan ratio rose modestly to 5.2% from 4.2%, indicating the need for continual monitoring of loan quality within their portfolio.

Moreover, total deposits rose significantly to Ps.248,125 million, reflecting strong customer trust and engagement with their banking services, as compared to Ps.227,495 million last year.

Company Profile and Future Outlook

Grupo Elektra is highly regarded as Latin America's leading financial services and specialty retail entity and serves as the largest non-bank cash advance provider in the United States. With over 6,000 points of contact spanning Mexico, the United States, Guatemala, Honduras, and Panama, Grupo Elektra showcases extensive geographical reach and market penetration.

Founded by Ricardo B. Salinas, Grupo Salinas, the umbrella group for Grupo Elektra, emphasizes dynamic growth and innovation across its operations. The company's vision is not only to generate economic value but also to foster improvements in community well-being and mitigate environmental impacts from its operations. For investors, Grupo Elektra continues to show promise, buoyed by its commitment to enhancing shareholder value and operational growth.

In conclusion, the positive financial results for Grupo Elektra in Q3 2025 affirm the effectiveness of their strategic initiatives and position them favorably within the competitive landscape of Latin American financial services.