Skip to content
Baker Capital StrategiesMARKETS. FILINGS. PERSPECTIVE.
Powered by THEMA

BAKER CAPITAL STRATEGIES

Get the free weekly BCS email.

Selected company filings and market updates, delivered by email. Your first report will follow soon.

  • Your weekly BCS reportMarket updates and links to filings you can explore.
  • THEMA at launchWe’ll send directions for setting up your filing alerts when THEMA officially opens.

One signup for the weekly email and your free THEMA Basic account at launch.

Already registered or a CSW member?Log in to THEMA →

At least 8 characters. This also creates your free THEMA account for launch.

You’re signing up for the weekly BCS email and THEMA launch/setup updates. Unsubscribe using the link in any email. Privacy policy · Terms

BCS

Security

Murano Global Investments PLC Ordinary Shares · MRNO

MRNONASDAQCommon stockCurrentCIK 1988776Updated Oct 8, 2026

Company: Murano Global Investments Plc →

Name history
Murano Global Investments Ltd · through May 1, 2024

MRNO price & chart

Provider market data

Loading TradingView…

NASDAQ:MRNO on TradingView ↗

TradingView · Data may be delayed

About the company

We were formed primarily to develop and manage a portfolio of hotel and resort properties in Mexico City, Cancun, and Ensenada. We currently own (i) Operational Hotels in Mexico City and Cancun, (ii) Projects Under Completion in Cancun and (iii) Projects to be Developed in Cancun and Ensenada.

F-1 · 2025-06-23 · 0001140361-25-023345

Company description from the cited filing.

In the news

No coverage from other publishers is available.

Recent filings

  1. 6-K filing

    6-K · 2026-10-07 · 0001140361-26-038928

  2. 6-K filing

    6-K · 2026-10-07 · 0001140361-26-038926

  3. 6-K filing

    6-K · 2026-08-14 · 0001140361-26-033170

  4. 6-K filing

    6-K · 2026-08-04 · 0001140361-26-031281

  5. 6-K filing

    6-K · 2026-07-29 · 0001140361-26-030078

Show 5 more recent filings
  1. 6-K filing

    6-K · 2026-07-27 · 0001140361-26-029631

  2. 6-K filing

    6-K · 2026-07-22 · 0001140361-26-029276

  3. 6-K filing

    6-K · 2026-07-14 · 0001140361-26-028448

  4. 6-K filing

    6-K · 2026-06-04 · 0001140361-26-023998

  5. 20-F filing

    20-F · 2026-05-15 · 0001140361-26-021583

Financials

FY 2024 · MXN
Revenue729,953,807MXN · FY 2024
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

Net income— · FY 2024
Assets—MXN · FY 2024
Cash— · FY 2024
Operating income— · FY 2024
Diluted EPS-43.33USD per share · FY 2024
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

Some figures are unavailable for this reporting year.

Balance-sheet figures are unavailable pending verification.

cash flow · annual statements
Line itemFY 2024FY 2023FY 2022
Cash flows from operating activities:
Profit or LossMXN-3,567,965,578
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

57,792,921
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

244,377,300
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

Additional Financial Items
AdjustmentsForDecreaseIncreaseInTradeAccountReceivableMXN-47,682,402
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

-16,831,611
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

0
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

AdjustmentsForIncreaseDecreaseInTradeAccountPayableMXN266,769,413
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

275,492,241
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

25,276,683
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

AdjustmentsForUnrealisedForeignExchangeLossesGainsMXN1,568,211,759
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

-756,380,690
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

-281,250,941
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

InterestPaidClassifiedAsFinancingActivitiesMXN565,772,570
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

257,726,242
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

45,065,474
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesMXN53,910,165
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

19,175,084
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

586,399
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

PaymentsToAcquireOrRedeemEntitysSharesMXN4,636,061
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

——
ProceedsFromBorrowingsClassifiedAsFinancingActivitiesMXN8,964,217,491
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

2,116,176,076
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

2,237,181,037
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2024FY 2023FY 2022
Selling, General and Administrative ExpenseMXN1,382,530,244
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

608,080,534
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

250,632,714
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

Total RevenueMXN729,953,807
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

286,651,914
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

6,431,022
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

Additional Financial Items
AdministrativeExpenseMXN17,540,773
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

16,148,254
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

1,784,617
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

ApplicableTaxRatenumber0.3
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

0.3
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

0.3
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

BasicEarningsLossPerShareUSD per share-43.33
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

——
CurrentTaxExpenseIncomeMXN3,924,599
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

3,025,179
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

3,406,827
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

DeferredTaxExpenseIncomeMXN68,751,097
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

-55,155,403
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

227,302,580
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

DeferredTaxExpenseIncomeRecognisedInProfitOrLossMXN-68,751,097
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

55,155,403
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

-227,302,580
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

DepreciationAndAmortisationExpenseMXN319,768,815
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

135,498,890
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

1,808,833
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

DepreciationRightofuseAssetsMXN48,236,212
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

6,783,691
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

540,642
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

DilutedEarningsLossPerShareUSD per share-43.33
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

——
DonationsAndSubsidiesExpenseMXN7,842,770
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

7,676,660
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

1,000,000
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

EmployeeBenefitsExpenseMXN325,521,012
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

158,777,211
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

53,944,188
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsedMXN0
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

1,506,962
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

319,498
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

IncomeTaxExpenseContinuingOperationsMXN72,675,696
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

-52,130,224
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

230,709,407
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

InterestExpenseMXN797,018,177
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

303,746,643
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

86,485,683
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

InterestExpenseOnLeaseLiabilitiesMXN21,298,127
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

3,282,685
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

49,704
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

OtherFinanceCostMXN107,481,760
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

62,238,994
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

45,073,847
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

OtherIncomeMXN190,235,287
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

25,560,552
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

33,514,903
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

ProfitLossBeforeTaxMXN-3,495,289,882
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

5,662,697
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

475,086,707
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

RevenueFromInterestMXN34,942,822
Source

20-F · 2025-05-15 · 0001140361-25-019335

2024-01-01 to 2024-12-31

8,845,532
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2023-01-01 to 2023-12-31

555,638
Source

20-F/A · 2024-12-31 · 0001140361-24-050650

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-288232

F-1 · 2025-06-23 · 0001140361-25-023345

Terms from the governing filing for this registration; not a claim that the offering is open today.

Underwriters: Shawn Matthews, Others

Filing attachments

ef20060687_ex4-33.htm · 20-F · 2026-05-15

Exhibit 4.33 EXECUTION VERSION DATED MARCH, 10 2026 OPERADORA HOTELERA G.I., S.A. DE C.V. AND MURANO PV, S.A. DE C.V. AND MURANO GLOBAL INVESTMENTS PLC AND ELIAS SACAL CABABIE AND CERTAIN ENTITIES AS THE ORIGINAL CONSENTING NOTEHOLDERS LOCK-UP AGREEMENT RELATING TO THE 11.000% SENIOR SECURED NOTES DUE 2031 [Signature page to the Lock-Up Agreement] 2 TABLE OF CONTENTS Page 1. DEFINITIONS AND INTERPRETATION 3 2. CONSENTING NO…

20-F · 2026-05-15 · 0001140361-26-021583

Read attachment ↗
ef20060687_ex4-34.htm · 20-F · 2026-05-15

Exhibit 4.34 EXHIBIT A TERM SHEET This term sheet (this “Term Sheet”) sets out key terms agreed between Murano Global Investments PLC and its applicable subsidiaries (together, “Murano”) and an ad hoc group of holders (the “Ad Hoc Group”) in respect of a liability management or restructuring transaction (the “Transaction”) in relation to the 11.000% Senior Notes due 2031 (the “Existing Notes”) issued by Cibanco, S.A., Institución de Banca Múltiple, in its capacity as Trustee (Fiduciario), un…

20-F · 2026-05-15 · 0001140361-26-021583

Read attachment ↗
ef20060687_ex4-35.htm · 20-F · 2026-05-15

Exhibit 4.35 EXECUTION COPY HOTEL MANAGEMENT AGREEMENT FOR MONDRIAN CANCÚN BETWEEN OPERADORA HOTELERA G I, S.A. DE C.V. (AS OWNER) AND ENNISMORE MÉXICO, S. DE R.L. DE C.V. (AS MANAGER) AND BANCO MULTIVA, S.A., GRUPO FINANCIERO MULTIVA, DIVISIÓN FIDUCIARIA (AS SUCCESSOR OF CIBANCO S.A., INSTITUCIÓN DE BANCA MÚLTIPLE), ACTING AS TRUSTEE UNDER THE GUARANTEE AND ADMINISTRATION TRUST CIB/3001 NAMED “FIDEICOMISO MURANO 2000” (AS GUARANTOR) INDEX Recitals …

20-F · 2026-05-15 · 0001140361-26-021583

Read attachment ↗
ef20060687_ex4-36.htm · 20-F · 2026-05-15

Exhibit 4.36 EXECUTION COPY BRAND LICENSE AND MARKETING AGREEMENT FOR MONDRIAN CANCÚN RESIDENCES BETWEEN OPERADORA HOTELERA G I, S.A. DE C.V. (AS LICENSEE) AND ENNISMORE HOLDINGS US INC. (AS LICENSOR) CONTENTS 1. Grant of License and Use 6 2. IP Protection 7 3. Sales and Marketing …

20-F · 2026-05-15 · 0001140361-26-021583

Read attachment ↗
ef20060687_ex4-37.htm · 20-F · 2026-05-15

Exhibit 4.37 GABRIEL BENJAMIN DIAZ SOTO NOTARY PUBLIC NO. 131 OF MEXICO CITY NOTARIAL PROTOCOL. BOOK ONE THOUSAND FOUR HUNDRED FIFTEEN SIXTY-FOUR THOUSAND ONE HUNDRED SIXTY-THREE MEXICO CITY, on the sixteenth of July, two thousand twenty-five. GABRIEL BENJAMIN DIAZ SOTO, head of Notary Public No. 131 of Mexico City, hereby certifies: THE TRUST SUBSTITUTION AGREEMENT (hereinafter the “TRUST SUBSTITUTION AGREEMENT” or the “AGREEMENT”) in the Irrevocable Trust for Administration, Guarantee,…

20-F · 2026-05-15 · 0001140361-26-021583

Read attachment ↗
ef20060687_ex4-38.htm · 20-F · 2026-05-15

Exhibit 4.38 CERTIFIED TRANSLATION I, the undersigned, hereby certify that I am competent to translate from Spanish into English, and that the following is a true and accurate translation of the document presented to me in the Spanish language. PAGE 1 LIC. GABRIEL BENJAMÍN DÍAZ SOTO NOTARY PUBLIC OFFICE NO. 131 OF MEXICO CITY Av. Santa Catarina No. 238, Col. San Ángel Inn, Borough of Álvaro Obregón Tel.: 55 50 83 29, 55 50 84 74 Fax: 55 50 88 53 Email: notaria131df@gmail.com “HYATT OF M…

20-F · 2026-05-15 · 0001140361-26-021583

Read attachment ↗

Privacy choices

BCS measures page use with Google Analytics using regional consent settings. You can change your preference here. Charts and market data remain available.

Essential functions — always available. Security, navigation, registration and remembering these choices.

Audience analytics

Analytics cookies are off by default for visitors Google identifies in the EEA, UK or Switzerland until allowed. Limited measurement without analytics cookies may still occur under those regional defaults.

TradingView charts, quotes and the economic calendar load automatically as page content. TradingView receives network and browser information and may collect its own usage analytics. This choice controls BCS’s Google Analytics only.

Google advertising is not enabled. Direct sponsor links do not load advertising trackers on BCS.

Turning analytics off stops future Google Analytics activity here. It does not erase information already received by the provider. Read the privacy policy.