This is the millionaire amount that the owners of Club América registered in two months in the BMV

The company that owns Club América presented its first report to the BMV. (Photo: Infobae/@Jesús Áviles)

The Ollamani company, owner of Club América and the soccer businesses that belonged to Televisa, presented its income report for the first quarter of 2024 to the Mexican Stock Exchange (BMV), where it noted the profits that sports shows have represented. and other items.

In the financial report sent to the BMV, only the months of February and March are included, remembering that it was precisely on those dates when they began trading on the stock market. The reported income was 1,210 million pesos and a net profit of 133 million pesos.

Ollamani included in the soccer segment what is related to the promotion of sports shows and special events in Mexico, remembering that it is the owner of Club América and the Azteca Stadium, registering an income of 613.9 million pesos, granting 50.8% of consolidated sales of the company.

Most of the profit in this area came from advertising and sponsorships, in addition to box office sales and takeaways.

The income presented in the stock market report was 1,200 million pesos and a net profit of 133 million pesos. (America club)

The Games segment was included in the financial report, in which the operation of 18 “Play City” brand establishments was incorporated, with an estimated six thousand electronic game machines, recording revenues of 515 million pesos.

In its Editorials and Distributors segment, which includes its publications with topics related to health, beauty, fashion, travel and science, reporting income of 81.1 million pesos, a total of 6.7% of the company’s consolidated income. Driven mostly by circulation and advertising, and distribution of own titles.

The Mexican Stock Exchange (BMV) is the main securities market in Mexico. Founded in 1894, its headquarters are in Mexico City. This financial market plays a crucial role in the national and international economy, providing a platform for Mexican and international companies to raise capital through the issuance and sale of securities, such as stocks and bonds, to investors.

The BMV operates under the supervision of the National Banking and Securities Commission (CNBV), which ensures compliance with regulations and promotes the proper functioning of the market. Its main objective is to facilitate the investment process, offering a safe and regulated environment for trading securities. This allows companies to access financing to grow and expand their operations, while investors have the opportunity to participate in the capital of said companies, seeking to obtain returns on their investments.

Archive image. A ticker sticker displays data from the Mexican stock exchange outside its headquarters in Mexico City, Mexico. June 1, 2021. REUTERS/Toya Sardo Jordan

One of the important characteristics of the BMV is the Price and Quotation Index (IPC), which is the main market indicator and shows the performance of the shares of the most important companies listed on the stock exchange. This index is a key reference for both national and international investors seeking to understand the dynamics of the Mexican market.

Over the years, the Mexican Stock Exchange has implemented technological advances that have improved efficiency and security in securities trading, thus facilitating access to a greater number of market participants. Likewise, it has expanded its range of financial products, including debt instruments, derivatives, and others, adapting to the changing needs of the global financial market.

In summary, the BMV is a fundamental institution for financing the productive sector in Mexico, contributing to the country’s economic growth and offering investment opportunities both nationally and internationally.