Business
GRUPO ELEKTRA CONCLUDES ALL ITS TAX LITIGATION WITH THE MEXICAN GOVERNMENT AND ANNOUNCES ITS 2025 RESULTS
As was made public a few weeks ago, Grupo Elektra, S.A.B. de C.V. (BMV: ELEKTRA*; Latibex: XEKT), the leading financial services and specialty retail company in Latin America and the largest provider of short-term non-bank loans in the USA, concluded all of its tax litigations and owes nothing to the Mexican government under no circumstances.
About this update from Grupo Elektra Sab De Cv
[{"type":"text","content":"—Announces revenue of Ps.58,859 million and EBITDA of Ps.7,816 million in the fourth quarter of 2025—","length":101,"tagName":"p","attribs":{}},{"type":"text","content":"—Continued dynamism in financial income; grows 9% to Ps.36,162 million in the period—","length":85,"tagName":"p","attribs":{}},{"type":"text","content":"MÉXICO CITY, Feb. 25, 2026 /PRNewswire/ -- As was made public a few weeks ago, Grupo Elektra, S.A.B. de C.V. (BMV: ELEKTRA*; Latibex: XEKT), the leading financial services and specialty retail company in Latin America and the largest provider of short-term non-bank loans in the USA, concluded all of its tax litigations and owes nothing to the Mexican government under no circumstances.","length":387,"tagName":"p"},{"type":"text","content":"As we have always done, we are fulfilling our payment obligations and, in doing so, we continue to uphold our commitment to the country. Grupo Elektra has always been and will always be an ally of the Mexican people.","length":216,"tagName":"p"},{"type":"text","content":"Despite disagreeing with the amount required by the tax authorities, the company made this decision to move forward and to focus its efforts on continuing to create prosperity and value for the millions of customers it serves. In this context, the company also released today its results for the fourth quarter of 2025 and for the full year 2025.","length":346,"tagName":"p"},{"type":"text","content":"Fourth quarter results","length":22,"tagName":"p"},{"type":"text","content":"Consolidated revenue was Ps.58,859 million, compared to Ps.57,790 million in the same quarter of the previous year. Operating costs and expenses were Ps.51,043 million from Ps.50,348 million in the same quarter of 2024.","length":224,"tagName":"p"},{"type":"text","content":"As a result, EBITDA was Ps.7,816 million, 5% higher compared to Ps.7,441 million a year ago. Operating profit was Ps.4,851 million from Ps.4,954 million in the same period of the previous year.","length":198,"tagName":"p"},{"type":"text","content":"The company reported a net loss of Ps.19,859 million compared to a loss of Ps.11,656 million a year ago.","length":109,"tagName":"p"},{"type":"text","content":"The net loss this quarter is due to income taxes of Ps.23,261 million, resulting from income tax provision related to the company's fiscal credit...