Overview
- Consolidated revenue rose 9.1% year over year and operating income increased 4.3%, with EBITDA reaching 30,843 million pesos.
- Net income fell 36.8% to 5,838 million pesos due to exchange losses, higher interest expense and lower financial income.
- Management will wait roughly one year before applying for a full banking license and will invest $20–30 million over the next year to validate data-driven lending, with further detail expected in early 2026.
- Spin reached 15.3 million total users after adding about 800,000 in the quarter, including 9.9 million active wallet users and 27.7 million loyalty actives, as monthly transactions rose 38.7% to 84.1 million.
- The store base expanded by 198 OXXO locations in Q3 to 25,378 across Proximidad Américas, while the incoming CEO mapped a multiyear plan to keep annual CapEx in Mexico above $1 billion focused on food, café and niche formats.