Megacable stock draws attention after fresh half-year growth
Published on 08/31/2026 at 12:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Megacable (MXP606941013) is in view after a 2026 half-year update showed revenue of MXN 15.0 billion, net income of MXN 1.06 billion, and second-quarter sales of MXN 10.97 billion. The same update said second-quarter revenue rose 23.33% year over year, a clear step up in the growth rate.
Half-year numbers
According to a report dated August 31, 2026, first-half revenue reached MXN 20.25 billion, up 7.32% from the prior year, while net income climbed 25.85% to MXN 1.06 billion. The report also said quarterly revenue of MXN 10.97 billion was the first single-quarter figure above MXN 10 billion, which gives the print a visible scale marker.
The same release said overseas revenue reached MXN 9.97 billion and accounted for 49.26% of sales, while domestic business was softer because one large automotive client reduced purchases. Excluding that client, revenue from other customers still grew 68.32%, which shows the split between one account and the broader business mix.
Balance sheet angle
The company also said total assets rose 62.87% to MXN 48.33 billion and shareholders' equity increased 63.83% to MXN 27.89 billion after its Hong Kong listing on March 10, 2026. It issued 40.25 million H shares at HK$28.86 each, a financing and expansion step that now sits behind the stronger balance sheet.
A first. The key question for investors is whether the MXN 10.97 billion quarterly run rate can hold while overseas revenue stays close to half of sales.
Business model
Megacable's core business combines broadband, television, and telephony, with recent demand also tied to smart modules, edge computing products, and 5G fixed wireless broadband. The current mix matters because the report tied growth to those higher-value areas rather than to one narrow line.
That breadth helps explain why second-quarter revenue improved 23.33% year over year even as one domestic client pulled back. For investors, the most useful comparison is between the MXN 20.25 billion first-half revenue base and the MXN 48.33 billion asset base built after the March financing.
Trading setup
Megacable trades in Mexico, and the latest reported fundamentals point to a business that is growing faster in the second quarter than in the first half. The figure stack from August 31, 2026, is straightforward: MXN 20.25 billion in first-half revenue, MXN 1.06 billion in net income, and MXN 10.97 billion in quarterly sales, with sales up 23.33% year over year.
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Fact box
Company: Megacable
ISIN: MXP606941013
Ticker: MEGACPO
Exchange: BMV
Sector / Industry: Communication Services / Telecom Services
Index membership: not stated in the cited sources
