Subsequent events (Details) $ in Thousands, $ in Thousands |
1 Months Ended | |||||||||
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Mar. 13, 2020
MXN ($)
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Mar. 13, 2020
USD ($)
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Mar. 10, 2020
shares
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Jan. 30, 2020 |
Apr. 13, 2020
MXN ($)
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Mar. 27, 2020
MXN ($)
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Mar. 25, 2020
MXN ($)
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Mar. 13, 2020
USD ($)
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Jan. 10, 2020
MXN ($)
|
Dec. 31, 2019
shares
|
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Subsequent events (Textual) | ||||||||||
Stock issued | shares | 34,451,020 | |||||||||
Stock outstanding | shares | 34,451,020 | |||||||||
Non-adjusting events after reporting period [Member] | ||||||||||
Subsequent events (Textual) | ||||||||||
Dividends payment from retained earnings | $ 70,000 | |||||||||
Equity interest | $ 42,739 | |||||||||
Interest rate of the secured line of credit related, description | The Group renegotiated the interest rate of the secured line of credit with Banamex, which changed from TIIE rate plus 317 basis points to TIIE rate plus 260 basis points. In addition, withdrawals from this line of credit were extended to August 2020, and are payable on a quarterly basis from September 2020 up to December 18, 2025. | |||||||||
Issuance of shares under initial public offering | shares | 2,040,000 | |||||||||
Ownership interest percentage, description | Betterware's original shareholders maintained an ownership of 87.7% of the total outstanding shares, DD3's shareholders obtained a 6.4% ownership interest and investors under the Nasdaq listing a 5.9% ownership interest. | |||||||||
Withdrawal of secured line of credit | $ 100,000 | $ 74,000 | ||||||||
Prepayment to line of credit | $ 258,750 | |||||||||
Cash obtained | $ 498,445 | |||||||||
Net cash proceeds | $ 181,734 | |||||||||
Non-adjusting events after reporting period [Member] | USD [Member] | ||||||||||
Subsequent events (Textual) | ||||||||||
Cash obtained | $ 22,767 | |||||||||
Net cash proceeds | $ 7,519 |
X | ||||||||||
- Definition Dividends payment from retained earnings. No definition available.
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- References No definition available.
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- Definition Interest rate of the secured line of credit description. No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- Definition The fair value, at acquisition date, of cash transferred as consideration in a business combination. [Refer: Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash inflow from the issuing of subordinated liabilities. [Refer: Subordinated liabilities] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Details
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- Details
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