Company profile

Active

Corporacion Magma Ecuador S.a

RUC 1791888146001 · Quito, Pichincha

Registry data

RUC: 1791888146001
Legal name: CORPORACION MAGMA ECUADOR S.A
Trade name: MEDIFARMA
Company type: Stock corporation (S.A.)
Size segment (SCVS): Large · 2025
Incorporation date: June 26, 2003
Start of activities (SRI): June 26, 2003
Subscribed capital: $1,376,000
Economic activity: Wholesale of pharmaceutical products, including veterinary products
ISIC code: G4649.22
Last year with filed statements: 2025
Address: Naciones Unidas 1084, Amazonas, Iñaquito
Location: Quito, Pichincha
Region: Sierra
Phone: 022448094

Financial statements

Current ratio: 1.08
Debt ratio: 90.1%
Net margin: −1.5%
Return on equity (ROE): −14.4%
Revenue vs 2024: +13.1%

Revenue by year

$11.1 M

2003 2007 2011 2015 2019 2025

Net result by year

$11.8 k

−$2.1 M

−$164 k

2003 2007 2011 2015 2019 2025

Employees by year 2009 → 2025 · ×17.5

2009 2012 2015 2018 2021 2025

The income statement · 2025

Revenue $11,065,887
Cost of sales $7,264,075
Expenses $4,010,624
Net result −$163,747

Balance sheet structure · 2025

What it owns

Current assets $10,924,015 95%
Non-current assets $586,362 5%

How it is financed

Current liabilities $10,084,195 88%
Non-current liabilities $289,396 3%
Equity $1,136,786 10%

“Current” means within one year: what can be turned into cash, or what has to be paid, in that span.

Financial statements filed with the Superintendencia de Compañías, year by year
Year	Revenue	Net result	Assets	Equity	Employees
2025	$11,065,887	−$163,747	$11,510,377	$1,136,786	35
2024	$9,784,808	−$367,854	$9,680,406	$1,056,261	31
2023	$9,192,478	−$455,445	$7,899,309	$1,414,143	28
2022	$8,245,163	−$2,146,301	$5,692,948	$2,107,090	28
2021	$8,256,471	−$185,022	$7,517,982	$1,406,517	11
2020	$5,970,104	−$33,311	$7,890,614	−$12,161	16
2019	$5,788,611	−$144,009	$5,805,608	$332,499	11
2018	$4,823,334	−$375,407	$4,263,100	$551,610	18
2017	$3,079,915	−$1,102,103	$3,197,311	−$45,751	25
2016	$2,384,567	−$1,422,865	$2,548,097	$1,065,421	22
2015	$2,024,021	−$645,517	$4,485,999	$3,768,040	12
2014	$1,889,283	−$42,616	$4,607,209	$1,781,678	3
2013	$1,089,100	−$434,434	$1,856,606	$1,817,117	16
2012	$614,234	−$530,506	$1,154,031	$826,057	8
2011	$1,661,852	$11,821	$760,147	−$869,434	8
2010	$1,787,807	−$800,150	$3,002,152	−$545,255	11
2009	$1,783,266	−$576,031	$2,189,305	−$81,105	2
2008	$1,340,774	−$274,907	$2,236,112	$174,774	—
2007	$711,202	−$278,412	$721,621	$114,535	—
2006	$676,247	−$222,217	$621,893	−$432,083	—
2005	$238,435	−$407,558	$462,034	−$309,866	—
2004	$58,505	−$3,108	$484,585	$97,692	—
2003	$0	$0	$145,918	$800	—

In 2025 it recorded revenue of $11,065,887 and a net result of −$163,747, a margin of −1.5%.

Its 2025 revenue exceeds that of 97.7% of the 95,463 companies in the country that recorded sales that year. In Pichincha, it exceeds 97.7% of the 32,639 on record.

Within its activity (ISIC code G4649.22, 713 companies with sales), its revenue exceeds that of 93.1%; the trade’s typical margin was 1.5%.

Values in US dollars, as filed with the Superintendencia de Compañías, Ecuador’s corporate regulator.

Tax status (SRI)

updated September 3, 2026

RUC status: Active

Phantom taxpayer: No
Nonexistent transactions: No

Tax regime: General regime The set of rules under which it files its taxes
Required to keep accounting books: Yes
Withholding agent: Yes When paying third parties, it withholds taxes and remits them to the SRI
Special taxpayer: Yes Designated by the SRI for its size, with additional filing obligations
Start of activities: June 26, 2003

Establishments · 1 registered, 1 open

HEAD OFFICE Pichincha / Quito / Iñaquito / Av. Naciones Unidas 1084 y Av. Amazonas Open

Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.

Where it operates

It has 1 open establishment in Pichincha.

Cayambe · 0 companiesMejia · 0 companiesPedro Moncayo · 0 companiesPedro Vicente Maldonado · 0 companiesPuerto Quito · 0 companiesQuito · 1 companiesRuminahui · 0 companiesSan Miguel de los Bancos · 0 companies Point at or tap a canton to see its figure

Cantons of the province. Each canton links to its listing. Boundaries: geoBoundaries (CC BY 4.0).

Cantons with a presence

Quito head office 1 location

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated September 3, 2026. The location is the province and canton on record, not each site’s exact address.

Activity classification (ISIC)

Frequently asked questions

What is the RUC of Corporacion Magma Ecuador S.a?

The RUC (taxpayer registration number) of CORPORACION MAGMA ECUADOR S.A is 1791888146001, according to Ecuador’s public corporate registry.

Is Corporacion Magma Ecuador S.a active?

Yes. Its legal status in the registry is Activa.

What trade name does Corporacion Magma Ecuador S.a use?

It operates under the trade name MEDIFARMA, according to the SRI’s RUC registry.

What does Corporacion Magma Ecuador S.a do?

Its registered economic activity (ISIC G4649.22) is: Wholesale of pharmaceutical products, including veterinary products

Where is Corporacion Magma Ecuador S.a located?

Its registered address is in Quito, province of Pichincha, Ecuador.

When was Corporacion Magma Ecuador S.a incorporated?

It was incorporated on June 26, 2003, as a stock corporation (s.a.).

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Corporate information from official public records of Ecuador · where this data comes from