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NASDAQ · HOTELS & MOTELS · SMALL CAP

Murano Global Investments PLC MRNO

4 fiscal years on record · MXN · FY2024 reported · SEC filings only
MXN 730.0M
▲ 154.6% YoY
MXN -3.6B
▼ 6273.7% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The company currently owns operational hotels in Mexico City and Cancun. The Andaz Hotel, part of the Insurgentes 421 Hotel Complex in Mexico City, is operated by Hyatt and has 213 rooms. The Vivid Hotel, part of the GIC I Hotel within the GIC Complex in Cancun, is operated by Hyatt and has been operational since April 2024 with 400 rooms. Since its formation in 1999, Murano Group has sold 2,174 condominiums. On March 20, 2024, Murano PubCo completed a Business Combination, and on March 21, 2024 its ordinary shares and warrants commenced trading on Nasdaq under the symbols “MRNO” and “MRNOW.”

Written from the business description in Murano Global Investments Plc's annual report to the U.S. Securities and Exchange Commission, filed 15 May 2026. Every sentence was checked against that document before publication.

Growth

MXN 730.0M
Revenue, FY2024 · full 4-year series below
Revenue MXN B Net income MXN B
FY2024 · Revenue 0.7 · Net income -3.6
0.3B0.6B-1.5B-3.0B
20212024
Compound annual growth
+681.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−489 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Net -488.8%
-200%-400%
202120222024
ROE
FY2024 · ROE -54.7%
-20%-40%
202120222024
Three returns, three denominators.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.

Each MXN of equity lost 55 cents this year.

Cash & shareholders

MXN 4.6M
returned in FY2024 · dividends + net buybacks
Net buybacks MXN M Dividends MXN M
FY2024 · Dividends · · Net buybacks 4.6
2M4M
202220232024

MXN 4.6M in buybacks went back to shareholders in a year without profit.

Total assetsMXN 21.9B
CashMXN 970.4M
Gross debtMXN 11.2B
Net debtMXN 10.2B
Current ratio0.34×

Net debt stands at 196% of equity.

The 4-year record

4 fiscal years
Every figure from documents filed with the SEC · MXN
row low → row highnegative—not applicable◌not available in our data
MRNO, 4-year financial record
Metric 2024202320222021
Revenue MXN B0.70.30.00.0
Operating income MXN B◌◌◌◌
EBITDA MXN B◌◌◌◌
Income tax MXN B0.1−0.10.20.1
Net income MXN B−3.60.10.2−0.1
EPS, diluted $−43.33−8.1864.38◌
Dividend / sh MXN ◌◌◌◌
Payout % — not applicable: no dividend————
ROE %−54.70.73.9−2.5

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 3 failures in 13 reconciliationsAUDITED

Reconciled in 1 of the 4 fiscal years we could check. 30 checks were skipped: the balance sheet is not tagged before 2022. 15 checks were skipped: EPS is not tagged before 2022.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency3 failures
ActivityHotels & Motels
Listed onNASDAQ
Incorporated inoutside the United States — SEC code Y9
Fiscal year endsnot stated in the filings
SEC categoryemerging growth company
Data on record since2021

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