MEXICO FUND INC (MXF)
The Mexico Fund, Inc. operates as a closed-ended equity mutual fund, under the management of Impulsora del Fondo México, S.C. Its core investment approach is centered on deploying capital primarily within Mexico's public stock exchanges. A key objective for the fund is to ensure its holdings are diversified across a wide array of economic sectors. This entity was founded on June 1, 1981, and is legally headquartered in Maryland, United States.
Industry: Asset Management
The Mexico Fund, Inc.
NYSE:MXFFinancial Services · Asset Management
+0.55%$20.29
AH Close$20.29+0.00%vs close
AH Close$20.29+0.00%vs close
Mkt Cap$292.58M
Float13.74M
O/S14.42M
Inst Own61.3%
SI0.1%
Div Yield6.90%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$16.59M
Net Income$76M
Total Assets$317.87M
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$317.52M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MXF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$317.87M
Liabilities$347K
Accounts Receivable$21K
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Revenue | $16.59M | $16.61M | $14.96M | $12.85M | $77.68M | $4.39M | $13.83M | -$25.23M | $1.31M | $7.52M | $6.77M | $7.62M | $6.97M | $6.79M |
| YoY Growth | -0.1% | 11.1% | 16.4% | -83.5% | 1671.5% | -68.3% | -154.8% | -2026.2% | -82.6% | 11.1% | -11.2% | 9.4% | 2.6% | - |
| Cost of Revenue | $3.22M | $3.59M | $3.49M | $2.94M | $3.07M | $2.51M | $2.98M | $3.49M | $3.4M | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $13.37M | -$5.77M | $11.46M | $9.91M | $74.61M | $1.88M | $10.85M | -$28.72M | -$2.09M | $7.52M | $6.77M | $7.62M | $6.97M | $6.79M |
| Gross Margin | 80.6% | -34.7% | 76.6% | 77.1% | 96.0% | 42.9% | 78.4% | 113.8% | -159.4% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $10 | -$8 | $0 | -$2 | -$0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.13M | $1.19M | $1.13M | $1.06M | $1.01M | $1.04M | $1.43M | $1.7M | $1.73M | $4.94M | $5.28M | $6.42M | $5.89M | $5.27M |
| Other | -$63M | $29K | $31.82M | $2.49M | $23K | $1.98M | -$8K | $23K | $23K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$61.87M | $1.22M | $32.95M | $3.55M | $1.03M | $3.02M | $1.42M | $1.72M | $1.75M | $23.37M | $64.24M | $12.38M | $26.69M | $71.98M |
| Operating Income (EBIT) | $75.24M | -$6.99M | $31.01M | $13.87M | $76.6M | -$34M | $12.41M | -$26.95M | -$443K | $2.58M | $1.48M | $1.2M | $1.08M | $1.52M |
| Operating Margin | 453.5% | -42.1% | 207.3% | 107.9% | 98.6% | -775.4% | 89.7% | 106.8% | -33.8% | 34.3% | 21.9% | 15.8% | 15.5% | 22.3% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $656K | $881K | $846K | $330K | $254K | $360K | $437K | $598K | $564K | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $758K | -$650K | $784K | $163K | $217K | -$74K | $0 | $3.49M | $3.4M | -$18.43M | -$58.95M | $18.8M | $32.58M | $77.25M |
| Income Before Tax (EBT) | $76M | -$6.99M | $31.79M | $14.03M | $76.6M | -$34.08M | $12.41M | -$26.95M | -$443K | -$15.86M | -$57.47M | $20M | $33.66M | $78.77M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$199K | -$18.43M | $0 | $0 | $0 | $0 |
| Net Income | $76M | -$6.99M | $31.79M | $14.03M | $76.6M | -$34.08M | $12.41M | -$26.95M | -$443K | -$15.86M | -$57.47M | $20M | $33.66M | $78.77M |
| Net Income Margin | 458.1% | -42.1% | 212.5% | 109.2% | 98.6% | -777.1% | 89.7% | 106.8% | -33.8% | -211.0% | -849.5% | 262.5% | 483.2% | 1160.5% |
| Supplementary Data | ||||||||||||||
| EPS | 5.26 | -0.47 | 2.08 | 0.94 | 5.11 | -2.27 | 0.83 | -1.80 | -0.03 | -1.06 | -3.82 | 1.32 | 2.39 | 5.89 |
| Diluted EPS | 5.26 | -0.47 | 2.08 | 0.94 | 5.11 | -2.27 | 0.83 | -1.80 | -0.03 | -1.06 | -3.82 | 1.32 | 2.39 | 5.89 |
| Weighted Average OS | 14.45M | 14.77M | 15.28M | 15.01M | 15.01M | 15.01M | 15.01M | 14.97M | 14.77M | 15.03M | 15.06M | 15.10M | 14.08M | 13.36M |
| EBITDA | $75.24M | -$6.99M | $31.79M | $13.87M | $76.39M | -$34M | $12.43M | -$26.43M | $0 | $2.58M | $1.48M | $1.2M | $1.08M | $0 |
| EBITDA Margin | 453.5% | -42.1% | 212.5% | 107.9% | 98.3% | -775.4% | 89.9% | 104.7% | - | 34.3% | 21.9% | 15.8% | 15.5% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $0 | $0 | -$1.95M | -$3.48M | $114K | -$6.27M | -$4.06M | -$4.68M | -$5.74M | $0 | $0 | $0 | $0 | $0 |
| Short-Term Investments | $4.35M | $0 | $1.95M | $3.48M | $0 | $6.27M | $4.06M | $4.68M | $5.74M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $4.35M | $1.33M | $1.95M | $3.48M | $114K | $6.27M | $4.06M | $4.68M | $5.74M | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $21K | $17K | $2.18M | $2.46M | $1K | $508 | $8K | $1.6M | $208K | $287K | $214K | $199K | $1.27M | $1.42M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $7.34M | -$1.95M | -$3.51M | -$32K | -$6.29M | -$4.06M | $5.77M | $7.6M | $12.85M | $12.54M | $7.46M | $42.1M | $2.14M |
| Total Current Assets | $4.37M | $7.39M | $2.18M | $2.46M | $116K | $508 | $8K | $1.6M | $208K | $13.19M | $13.01M | $7.9M | $43.67M | $3.56M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $313.46M | $261.42M | $278.31M | $262.2M | $261.31M | $190.19M | $230.81M | $233.4M | $270.85M | $267.53M | $298.81M | $395.25M | $364.93M | $379.99M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $38K | $0 | $0 | $0 | $0 | $0 | $0 | -$233.4M | -$270.85M | -$445 | -$926 | -$483 | $259 | -$379.99M |
| Total Long-Term Assets | $313.5M | $261.42M | $278.31M | $262.2M | $261.31M | $190.19M | $230.81M | $233.4M | $270.85M | $267.53M | $298.81M | $395.24M | $364.93M | $379.99M |
| Other Assets | $0 | -$7.34M | $31K | $29K | $32K | $21K | $30K | $35K | $44K | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $317.87M | $261.48M | $280.52M | $264.69M | $261.46M | $190.21M | $230.85M | $235.04M | $271.1M | $280.71M | $311.82M | $403.14M | $408.6M | $383.55M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $0 | $962K | $0 | $2.46M | $1K | $0 | $216K | $1.48M | $257K | $1.19M | $0 | $0 | $9.43M | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$331K | -$239K | -$2.46M | -$1K | -$201K | -$376K | -$1.48M | -$257K | $0 | $0 | $0 | $0 | $591K |
| Total Current Liabilities | $229K | $962K | $239K | $321K | $321K | $273K | $216K | $1.48M | $257K | $1.7M | $599K | $615K | $10.08M | $591K |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $347K | $331K | $0 | $0 | $321K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $347K | $331K | $347K | $321K | $321K | $273K | $376K | $1.48M | $541K | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | -$321K | -$321K | -$273K | -$376K | -$989K | -$257K | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $347K | $1.29M | $347K | $321K | $321K | $273K | $216K | $1.97M | $541K | $1.7M | $599K | $615K | $10.08M | $591K |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $3.7M | $23.82M | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $0 |
| Common Stock | $14.42M | $14.77M | $14.77M | $15.01M | $15.01M | $15.01M | $15.01M | $15.01M | $15.03M | $15.03M | $15.06M | $15.1M | $14.08M | $13.36M |
| Retained Earnings | $40.05M | -$22.54M | -$3.7M | -$23.82M | -$28.49M | -$101.13M | -$65.16M | -$70.06M | -$39.87M | -$36.56M | -$16.92M | $73.15M | $97.61M | $103.71M |
| Comprehensive Income & Other | $40.05M | $0 | -$3.7M | -$23.82M | $0 | $0 | $0 | $0 | -$39.87M | $0 | $0 | -$0 | $0 | $0 |
| Other Stockholders' Equity | $263.05M | $267.95M | $269.1M | $273.19M | $274.63M | $276.06M | $280.63M | $288.12M | $295.4M | $300.55M | $313.03M | $314.28M | $286.82M | $265.89M |
| Total Equity | $317.52M | $260.18M | $280.17M | $264.37M | $261.14M | $189.94M | $230.47M | $233.07M | $270.56M | $279.02M | $311.17M | $402.53M | $398.52M | $382.96M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $317.87M | $261.48M | $280.52M | $264.69M | $261.46M | $190.21M | $230.69M | $235.04M | $271.1M | $280.71M | $311.77M | $403.14M | $408.6M | $383.55M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $0 | $0 | $1.95M | $3.48M | -$114K | $6.27M | $4.06M | $4.68M | $5.74M | $0 | $0 | $0 | $0 | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Operating Activities | ||||||||||||||
| Net Income | $0 | -$6.99M | $31.79M | $14K | $77K | -$34K | $12K | -$27K | -$443 | -$16K | -$57K | $20K | $34K | $78.77M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $0 | $6.99M | -$31.79M | -$14K | -$77K | $34K | -$12K | $27K | $443 | $16K | $57K | -$20K | -$34K | -$78.77M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $0 | $0 | $114K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $0 | $0 | $0 | $114K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |