Axtel S.A.B. de C.V

Residential and business IT and communication company in Mexico.

Launch date

1994

Employees

1001-5000 people

Market cap

Enterprise valuation

AUD2.0b (Public information from Sep 2024)

General Escobedo Nuevo León (HQ)

https://www.axtelcorp.mx/

https://twitter.com/axtel https://www.facebook.com/axtel https://www.linkedin.com/company/axtel/

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023
Revenues	627m	606m	558m	514m	4.6b
% growth	-	(3 %)	(8 %)	(8 %)	800 %
EBITDA	228m	190m	167m	183m	182m
% EBITDA margin	36 %	31 %	30 %	36 %	4 %
Profit	(<1m)	17.7m	(39.1m)	(1.9m)	15.4m
% profit margin	-	3 %	(7 %)	-	-

Date	Investors	Amount	Round
Dec 2005	N/A	N/A	IPO
Dec 2023*	International Finance Corporation	$60.0m	Post IPO Debt
Total Funding		-

Opanga Networks

Avantel, S. de R.L. de C.V.

ACQUISITION by Axtel S.A.B. de C.V Dec 2006

ACQUISITION by Axtel S.A.B. de C.V Jul 2016