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MARKETS / NASDAQ / MRNO
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
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
0.25B0.50B-2.00B2021202220232024
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%
1000%2000%3000%-2000%-4000%-6000%2021202220232024
ROE

Not available in our data for this period.

Cash & shareholders
MXN 4.6M
returned in FY2024 · dividends + net buybacks
Net buybacks MXN M Dividends MXN M
FY2024 · Dividends — · Net buybacks 4.6
2M4M202220232024

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×

Not available: we don't have the shareholders' equity figure for this period.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · MXN
row low → row highnegative
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 %····
ROE %····

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

Provenance
Company facts, as filed
How we verify · 3 failures in 13 reconciliationsAUDITED

Reconciled in 1 of 19 fiscal years. 63 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente3 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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