MX_ALSEA 2025-09-30 Q3

Status: PARTIAL — incomplete — unset metrics listed below; Currency: MXN; Amounts unit: millions; Forms: ✓ ✓ —

Report published: Not stored for this period — set financial_report_date on the row (EDGAR filingDate, KASE change_date, or manual_catalog).

PDF (local): /home/ubuntu/projects/frontier/data/raw_pdfs/MX_ALSEA/2025-09-30_Q3_alsea_3T25.pdf

To recalculate statement detection and previews from the PDF, use this link The default link runs in the background: a status panel shows phase, elapsed time, rough ETA, CUDA vs CPU, and OOM hints, then loads the finished report. Heavy mode with refresh does this automatically so reverse proxies do not return 502. Add &sync=1 only for one long blocking request (not recommended). You can use ?refresh=1, ?recalc=1, ?nocache=1, or ?recompute=1 on the URL. (block in the browser until done: synchronous refresh)

Metric mapping (value → extracted evidence)

Metric values use dashboard units where applicable; evidence is the stored snippet from the PDF text layer or OCR used during extraction.

Metric	Value	Evidence / page extract
Revenue	21 029	Row: revenue (mln MXN, batch apply) · dashboard=21,029.000 mln — [DeepSeek] revenue (mln MXN, batch apply)
Operating profit	1 778	Row: operating_profit (mln MXN, batch apply) · dashboard=1,778.000 mln — [DeepSeek] operating_profit (mln MXN, batch apply)
D&A	1 364	Row: da (mln MXN, batch apply) · dashboard=1,364.000 mln — [DeepSeek] da (mln MXN, batch apply)
EBITDA	3 142	Row: computed as operating_profit + da · dashboard=3,142.000 mln — computed as operating_profit + da
Net profit	512	Row: net_profit (mln MXN, batch apply) · dashboard=512.000 mln — [DeepSeek] net_profit (mln MXN, batch apply)
Cash	—	—
Debt short	0	Row: debt_short (mln MXN, batch apply) · dashboard=0.000 mln — [DeepSeek] debt_short (mln MXN, batch apply)
Debt long	0	Row: debt_long (mln MXN, batch apply) · dashboard=0.000 mln — [DeepSeek] debt_long (mln MXN, batch apply)
Net debt	0	Components: short debt 0 + long debt 0 + other financial liab. 0 + NCI 0 − cash 0 = net debt 0.Row: net_debt (mln MXN, batch apply) · dashboard=0.000 mln — [DeepSeek] net_debt (mln MXN, batch apply)
Operating CF	—	—
Investing CF	—	—
Assets	—	—
Equity	—	—

Consistency checks · Warnings

✓	Net debt formula	net_debt 0 matches \|debt_short\|+\|debt_long\|+\|other\|+\|NCI\|−\|cash\| = 0.
✓	EBITDA = OP + D&A	EBITDA (3,142) ≈ OP (1,778) + D&A (1,364) = 3,142.
✓	Net profit vs operating profit	Net profit (512) sits within a plausible band vs operating profit (1,778).
⚠	Debt step-change vs prior period	Total interest-bearing debt fell 100% vs prior period (34,761 → 0). Financing cash flow not extracted — can't verify the move was real (could be an OCR miss of a major debt line).

Statement pages (discovery)

Statement previews & reconstructed tables

Form	Pages
P&L	4, 5, 6
BS	—
CF	—

Highlights Yellow row = matched stored evidence label; orange cell = exact number used for that metric (hover row for details). Revenue Operating profit D&A EBITDA Net profit cash debt_short debt_long Assets Equity Operating CF Investing CF

Green / amber / red bars on the label column mark subtotal rows where summed detail lines match the reported total (heuristic). The table under each reconstructed grid lists every check (Σ detail vs reported, status).

P&L

Tables and checks run on 2 of 3 PDF pages for this form (timeout budget). Raise REPORT_REVIEW_HEAVY_RECON_PAGES for more.

Metric	Value
Revenue	21 029
Operating profit	1 778
EBITDA	3 142
Net profit	512
D&A	1 364

P&L — PDF page 4

No Camelot table — OCR (v8) below.

GPU v8 OCR — page 4 (24 rows). Blank amount cells are normal for section headers and line-wrapped captions; 0 from OCR on those rows is not a reported financial zero. Amounts follow the PDF header (often thousands of currency).

#	Joined label	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8
0	3T 2025 Alsea
1	REPORTE
2	TRIMESTRAL
3	Las ventas netas del tercer trimestre del 2025 aumentaron 5.7% S21,029 millones de pesos,
4	impulsadas por la resiliencia de nuestras marcas frente a un entorno macroeconomico desafiante y
5	la continua implementacion de estrategias comerciales principalmente en Mexico, Espana
6	Colombia: Excluyendo el efecto del tipo de cambio, las ventas netas aumentaron un 6.7%.
7	A nivel regional; las ventas en Mexico crecieron 7.5%, en Europa incrementaron 3.8% en moneda local,
8	con un aumento de 8.2% en pesos mexicanos, mientras que en Sudamerica cayeron 4.7%. En ventas
9	mismas tiendas, el segmento de Comida Rapida mostro un solido crecimiento de 4.6%, Restaurantes
10	de Servicio Completo tuvo un incremento de 4.0% y el segmento de Cafeterias logro un aumento de
11	3.9%.
12	RESULTADOS POR SEGMENTO DEL TERCER TRIMESTRE DE2025
13	MEXICO
14	Alsea Mexico	3	3			3	3724
15	Numero de unidades	2502	2389	113	4.7	2502	2389	113
16	Ventas Mismas Tiendas	3.2	4.9			3.2	4.9
17	Ventas	11476	10679	797	7.5	11476	10679	797
18	Costos	4009	3612	397	11	4009	3612	397
19	Gastos de operacion	4870	4472	399	8.9	4142	3814	328
20	EBITDA Ajustado*	2597	2596	1	0	3325	3254	71
21	Margen EBITDA Ajustado*	22.6			0	29
22	Depreciacion y Amortizacion	620	633	-13	-2	830	1364	-533
23	Utilidad de operacion	1550	1454	96	6.6	2064	1380	684

P&L — PDF page 5

No Camelot table — OCR (v8) below.

GPU v8 OCR — page 5 (19 rows). Blank amount cells are normal for section headers and line-wrapped captions; 0 from OCR on those rows is not a reported financial zero. Amounts follow the PDF header (often thousands of currency).

#	Joined label	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
0	3T 2025 Alsea
1	REPORTE
2	TRIMESTRAL
3	EBITDA ajustado PRE-IFRS 16 Mexico
4	El EBITDA ajustado pre-IFRS16 de Alsea Mexico represento el 66.7% del EBITDA Ajustado consolidado
5	en el tercer trimestre, mostrando el mismo nivel que el periodo del ano anterior; pero resultando en
6	una contraccion de 1.7 puntos porcentuales en el margen EBITDA_ Esto se debio principalmente al
7	incremento en los costos de algunos insumos dolarizados derivado de la depreciacion del peso
8	mexicano y a una ligera presion por una menor palanca operativa
9	EUROPA
10	Numero de unidades	1517	1508	0.6	1517	1508	0.6
11	Ventas Mismas Tiendas	2.3	-2.5		2.3	-2.5
12	Ventas	6457	5968	490	6457	5968	490
13	Costos	1818	1659	159	1818	1659	159
14	Gastos de operacion	3745	3468	278	3183	2967	216
15	EBITDA Ajustado*	894	841	52	1456	1342	114
16	Margen EBITDA Ajustado*	13.8	14.1	30	22.6	22.5	10
17	Depreciacion y Amortizacion	362	323	39	1269	414	855
18	Utilidad de operacion	145	139	6	-203	563	-766

MX_ALSEA 2025-09-30 Q3 — report review

Metric mapping (value → extracted evidence)

Consistency checks · Warnings

Statement pages (discovery)

Statement previews & reconstructed tables

P&L

Formulas used