Feb 26 • 21:04 UTC 🇲🇽 Mexico El Financiero (ES)

Impact of debt payment to the SAT on Elektra's results

Grupo Elektra reported a net loss of 19.859 billion pesos in Q4 2025 due to tax debt payments to the Mexican government.

Grupo Elektra disclosed a substantial net loss of 19,859 million pesos for the fourth quarter of 2025, a decline directly attributed to payments of tax debts to the Mexican government. This financial strain came despite a reported resilience in operations, with consolidated quarterly revenues reaching 58,859 million pesos, marking a 2% increase compared to the previous year. The company's report indicated that the tax provision fully covered the tax credits required by authorities, thus concluding all ongoing tax litigations with the government.

The financial sector showed strong performance over the year, registering a notable growth of 12%, which was the primary driving force behind the company’s revenues. However, the retail business experienced a downturn, declining by 1% over the same twelve-month period. The EBITDA margin remained steady at 13% both for the quarter and at the year-end, indicating some stability even amidst challenges.

Despite the significant net loss tied to a tax provision of 23,261 million pesos, Elektra is taking steps to stabilize its position by resolving tax disputes with authorities. This strategic resolution could pave the way for improved financial handling in the future, allowing the company to focus on operational growth and possibly recover from the setbacks associated with tax liabilities. The overall impact underscores the critical relationship between corporate financial health and governmental fiscal policies in Mexico.

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