CONSOLIDATED FINANCIAL STATEMENTS MARCH 2025
ENJOY S.A.
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT MARCH 31 2025, AND DECEMBER 31, 2024
EXPRESSED IN THOUSANDS OF CHILEAN PESOS (THCH$)
Assets | 03-31-2025 ThCh$ | 12-31-2024 ThCh$ |
Current assets | ||
Cash and cash equivalents | 4.256.848 | 12.245.151 |
Other financial assets, current | 2.436.514 | 4.659.043 |
Other financial assets, current | 854.781 | 3.846.237 |
Trade debtors and other accounts receivable, current | 4.534.196 | 15.375.077 |
Inventories | 743.406 | 2.866.486 |
Current tax assets | 1.636.171 | 2.239.581 |
Total -current assets | 482.143.796 | 41.231.575 |
Non-current assets | ||
Other financial assets, no current | - | 18.922 |
Other assets, non-current | 192.732.068 | 189.461.070 |
Trade debtors and other accounts receivable, no current | 21.070 | 3.567.927 |
Intangible assets other than goodwill | 23.838.210 | 250.391.412 |
Property, plant and equipment, net | 10.298.864 | 74.879.620 |
Assets for rights of use | 70.561.860 | 77.879.985 |
Non current tax assets | 1.898.426 | 2.682.489 |
Deferred tax assets | 11.737.952 | 55.902.404 |
Total non-current assets | 311.088.450 | 654.783.829 |
Total assets | 793.232.246 | 696.015.404 |
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT MARCH 31 2025, AND DECEMBER 31, 2024
EXPRESSED IN THOUSANDS OF CHILEAN PESOS (THCH$)
Equity and liabilities | 03-31-2025 ThCh$ | 12-31-2024 ThCh$ |
Current Liabilities | ||
Other current financial liabilities | 2.710.085 | 52.940.348 |
Liabilities for leases, current | 3.688.237 | 6.307.538 |
Trade payables and other payables | 44.502.196 | 132.782.645 |
Accounts payable to related parties, current | 330.838 | 3.885.480 |
Current tax liability | 140.406 | 4.802.698 |
Current provisions for employee benefits | 37.908 | 694.996 |
Other current liabilities | 228.250 | 1.962.688 |
Total non-current liabilities | 567.711.429 | 203.376.393 |
Non-current liabilities | ||
Other financial liabilities, non-current | 277.712.396 | 243.004.711 |
Liabilities for leases, no current | 72.721.564 | 60.682.635 |
Trade payables and other payables | 33.610.978 | 312.477.937 |
Accounts payable to related parties, no current | - | 19.118.499 |
Other long-term provisions | - | 17.784.915 |
Deferred tax liabilities | 719.689 | 1.923.757 |
Other current liabilities, non-current | - | 10 |
Total non-current liabilities 384.764.627 | 654.992.464 | |
Total liabilities | 952.476.056 | 858.368.857 |
Equity | ||
Issued capital | 466.769.811 | 466.769.811 |
Retained earnings | (604.615.020) | (601.132.558) |
Share premium | 16.540.527 | 16.540.527 |
Accumulated other comprehensive income | (35.847.840) | (35.422.569) |
Equity attributable to owners of the parent (157.152.522) | (153.244.789) | |
Non-controlling interests | (2.091.288) | (9.108.664) |
Equity | (159.243.810) | (162.353.453) |
Equity and liabilities | 793.232.246 | 696.015.404 |
STATEMENTS OF INCOME AND STATEMENTS OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED MARCH 31, 2025 AND 2024 EXPRESSED IN THOUSANDS OF CHILEAN PESOS (THCH$) EXCEPT EARNINGS PER SHARE PRESENTED IN PESOS
Income Statements | 03-31-2025 ThCh$ | 03-31-2024 ThCh$ |
Revenue | 14.713.883 | 24.371.256 |
Cost of sales | (10.941.105) | (16.343.814) |
Gross margin | 3.772.778 | 8.027.442 |
Administrative expenses | (3.236.735) | (5.401.988) |
Other gains (losses) | 130.935 | (14.118) |
Operating Margin | 666.978 | 2.611.336 |
Finance income | 5.867 | 4.773.893 |
Finance costs | (5.512.684) | (9.260.940) |
Foreign exchange gain/loss | 11.013.033 | (4.460.686) |
Indexation for designated assets/liabilities for inflation | (949.958) | (149.936) |
Income before tax | 5.223.236 | (6.486.333) |
Income tax (expense) benefit | 1.167.515 | (6.424.219) |
Net Income derived from continuous operations | 6.390.751 | (12.910.552) |
Discontinued operations | (10.021.942) | (13.713.862) |
Net Income | (3.631.191) | (26.624.414) |
Net Income, attributable to: | ||
Net Income, attributable to owners of parent | (3.482.462) | (26.390.888) |
Net Income, attributable to non-controlling interests | (148.729) | (233.526) |
Net Income (3.631.191) | (26.624.414) | |
Earnings per share (basic and diluted) | (0,07) | (0,50) |
Statement of Comprehensive Income | 03-31-2025 ThCh$ | 03-31-2024 ThCh$ |
Net Income | (3.631.191) | (26.624.414) |
Items that may be reclassified subsequently to profit or loss: | ||
Gain (loss) due to translation differences in subsidiaries | (425.271) | 5.582.771 |
Total gain (loss) due to translation differences, before taxes | (425.271) | 5.582.771 |
Other comprehensive income, , before taxes | (425.271) | 5.582.771 |
Other comprehensive income for the year, net of income tax | (425.271) | 5.582.771 |
Comprehensive income | (4.056.462) | (21.041.643) |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of the company | (3.907.733) | (20.808.117) |
Comprehensive income attributable to non-controlling interests | (148.729) | (233.526) |
Comprehensive income | (4.056.462) | (21.041.643) |
CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE PERIOD ENDED MARCH 31, 2025 AND 2024 STATED IN THOUSANDS OF CHILEAN PESOS (THCH$)
Cash flow statements | 03-31-2025 ThCh$ | 03-31-2024 ThCh$ |
Cash flows from (used in) operating activities | ||
Collection from operating activities | ||
Receipts from the sale of goods and services | 17.509.521 | 15.894.120 |
Payments | ||
Payments to suppliers for goods and services | (9.080.333) | (10.699.728) |
Payments to and account of employees | (4.004.518) | (4.830.754) |
Other payments for operating activities | (4.534.468) | (5.697.855) |
Paid (reimbursed) income tax | 483.464 | 592.707 |
Cash flows from (used in) operating activities | 373.666 | (4.741.510) |
Cash flows from (used in) investing activities | ||
Cash flows from the sale of non-controlling interests | - | - |
Purchase of property, plant and equipment | (222.898) | (499.125) |
Interest received | 5.867 | 4.773.893 |
Cash flows from (used in) investing activities | (217.031) | 4.274.768 |
Cash flows from (used in) financing activities | ||
Proceeds from short - term loans received | - | 57 |
Repayments of loans received | - | - |
Payments of liabilities by lease | (504.098) | (705.871) |
Repayment of loans from related parties | - | - |
Interest paid | - | - |
Other cash inflows (outflows) | - | - |
Cash flows derived from (used in) financing activities | (504.098) | (705.814) |
Increase (decrease) in cash and cash equivalents | (347.463) | (1.172.556) |
Effects of exchange rate changes on the balance of cash held in foreign currencies | ||
Effects of exchange rate changes on the balance of cash held in foreign currencies | - | - |
Net increase (decrease) of cash and cash equivalents | (347.463) | (1.172.556) |
Cash and cash equivalents at the beginning of the year | 4.604.311 | 4.766.111 |
Cash and cash equivalents at the end of the year | 4.256.848 | 3.593.555 |
For the period ended, | ||
03-31-2025 | 03-31-2024 | |
(Ch$) | (Ch$) | |
(in million of Chilean Pesos ) | ||
Net income (loss) | (3.632) | (26.625) |
Income tax expense (benefit) | (1.168) | 6.424 |
(+) Net Finance costs | 5.507 | 4.487 |
(+) Depreciation expense | 339 | 908 |
(+) Amortization expense | 1.176 | 1.503 |
(+)(-) Foreign Exchange gain/loss | (11.013) | 4.461 |
(+)(-) Indexation for designated assets / liabilities for inflation | 951 | 150 |
(+) Other losses (-) other gains | (131) | 15 |
(+)(-) Gain (losses) of Discontinued operations | 10.022 | 13.713 |
EBITDA | 2.051 | 5.035 |
(+) Obsolescence loss on inventory | (8) | (17) |
(+) Provision for doubtful accounts | (7) | (36) |
Adjusted EBITDA | 2.036 | 4.982 |