Oct 25, 2024 / 04:00PM GMT
Enrique Robles - Megacable Holdings SAB de CV - Chief Executive Officer, Director
(audio in progress) significant revenue growth with an investment that has already been made.
And finally, regarding our financial profile, as we near the completion, the completion of the expansion plan, our capex to revenue ratio significantly increased from 41 occurred as of September last year to approximately 32% in the first nine months of 2024.
As we continue to consistently increase revenue and IDA cash flow generation will improve in the coming periods.
We will maintain this opinion or capital allocation with no large scale projects planned for the coming years and financial position that will lead us to cash generation in the near terms.
Our solid financial position is reinforced by the recent reaffirmation of our AAA credit ratings from hr ratings in line with the reaffirmation granted by fixed ratings in May.
Regarding results, we are recording one of the best quarters ever in terms of subscriber growth. A confirmation that the site that is like the deceleration
Q3 2024 Megacable Holdings SAB de CV Earnings Call Transcript
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