v3.26.1
Consolidated and combined statements of cash flows
 12 Months Ended
Dec. 31, 2025
MXN ($)
Dec. 31, 2024
MXN ($)
Dec. 31, 2023
MXN ($)
Cash flows from operating activities:      
(Loss) profit before income taxes $ (285,279,802) $ (3,495,289,882) $ 5,662,697
Adjustments for:      
Depreciation of property, construction in process and equipment 237,651,011 271,532,601 128,715,199
Depreciation of right of use assets 50,645,994 48,236,212 6,783,691
Disposals of furniture 0 0 6,656,723
Gain in sale of equipment 0 (157,032,407) 0
Amortization of costs to obtain loans and commissions 30,289,106 66,392,459 8,106,066
Listing expense 0 917,366,970 0
Valuation of financial derivative instruments 0 43,348,480 75,868,263
Valuation of warrants (63,526,324) 51,946,426 0
Gain in valuation of crypto assets (1,040,259) 0 0
(Gain) loss on revaluation of investment property (75,000,000) (239,508,510) 86,598,436
Interest expense 1,414,534,298 775,720,050 300,463,958
Interest expense from lease liabilities 20,287,396 21,298,127 3,282,685
Interest income (14,403,106) (34,942,822) (8,845,532)
Net foreign exchange gain (loss) unrealized (1,388,706,418) 1,568,211,759 (756,380,690)
Cash flows from operations (74,548,104) (162,720,537) (143,088,504)
Changes in:      
Increase in receivable VAT (48,919,026) (125,714,792) (13,310,332)
Increase in trade receivable (17,182,551) (47,682,402) (16,831,611)
Decrease (increase) in other receivables 6,846,123 (8,805,027) (2,935,229)
Decrease (increase) in prepayments 26,487,024 (22,716,089) 24,307,603
(Increase) decrease in inventory (4,310,861) (10,047,780) 496,924
Increase in guarantee deposits (3,896,328) (1,838,093) (21,480,806)
Increase in trade payables and advance from customers 218,797,466 266,769,413 275,492,241
(Decrease) increase in other liabilities (4,388,433) 23,807,107 62,504,425
Increase in employee benefits 3,049,145 1,425,354 2,149,082
(Decrease) increase in employees' statutory profit sharing (683,730) 359,805 101,082
Income taxes paid (8,405,027) (7,645,321) (2,198,538)
Net cash flows from (used in) operating activities 92,845,698 (94,808,362) 165,206,337
Cash flows used in investing activities      
Interest received and cash settlement of derivatives 14,403,106 108,518,069 2,081,201
Disposal of property, construction in process and equipment 11 0 157,032,407
Loans collected from (granted to) related parties 0 143,549,146 (136,784,815)
Investment in crypto assets (41,931,431) 0 0
Disposal of Crypto assets 42,971,690 0 0
Acquisition of property, construction in process and equipment (282,638,596) (1,331,832,547) (1,719,930,815)
Net cash flows used in investing activities (267,195,220) (1,079,765,332) (1,697,602,022)
Cash flows from financing activities:      
Capital increase 25,969,485 0 0
Additional paid in capital - warrants exercised 14,659,828 0 0
Withdrawals for future net assets increase 0 0 (55,939,020)
Impact of corporate restructuring 0 2,240,280 0
Impact of business combination 0 635,515 0
Treasury shares 0 (4,636,061) 0
Proceeds from loans 558,796,971 8,964,217,491 2,116,176,076
Loan payments to third parties (359,425,897) (6,019,515,831) (272,136,923)
Loans received from related parties 123,407,734 417,288,465 60,581,457
Loan payments to related parties (110,390,827) (476,238,335) (96,693,781)
Costs to obtain loans and commissions 0 (265,689,972) (37,075,869)
Payments of leasing liabilities (45,439,894) (53,910,165) (19,175,084)
Interest paid (729,903,221) (565,772,570) (257,726,242)
Net cash flows (used in) from financing activities (522,325,821) 1,998,618,817 1,438,010,614
Net (decrease) increase in cash and cash equivalents and restricted cash (696,675,343) 824,045,123 (94,385,071)
Cash and cash equivalents and restricted cash at the beginning of the year 970,414,857 146,369,734 240,754,805
Cash and cash equivalents and restricted cash at the end of the year $ 273,739,514 $ 970,414,857 $ 146,369,734