MasMovil Ibercom, S.A. Analysis of the financial statements of an expanding company

Abstract

The aim of the present study is to perform an analysis of the group Más Móvil Ibercom S.A along with its consolidated annual accounts.This telecommunications company emerged in 1997. With more than 20 years of experience in the sector, it offers fixed, mobile and broadband internet services to individuals, companies and other operators and it has become the fourth operator in the Spanish territory. For this analysis we will focus our attention on the most important economic movements carried out by the entity during the periods 2013, 2014, 2015 and 2016 in order to understand its evolution over time and to glimpse the achievement of being the first company to be listed in the MAB (acronyn in Spanish for Alternative Stock Market) and then in the Continuous Market. For this purpose, the company's annual accounts and various financial indicators are used, which will allow us to reach a conclusion about the company's situation for the period under analysis.