| BRL millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 348.7 | 493.4 | 502.3 | 564.8 | 665.1 | 958.2 | +44.1% | |
| Cost of revenue | 74.4 | 154.0 | 143.5 | 70.9 | 211.6 | 56.4 | −73.3% | |
| Gross profit | 274.4 | 339.4 | 358.7 | 493.9 | 453.5 | 901.8 | +98.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 29.3 | 46.4 | 61.0 | 149.9 | 154.8 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 58.7 | 97.0 | 180.0 | 291.8 | 264.7 | 528.9 | +99.8% | |
| Operating income | 215.6 | 242.5 | 178.7 | 202.2 | 188.8 | 372.9 | +97.5% | |
| Interest expense | 12.4 | 12.6 | 15.2 | 33.5 | 70.2 | 100.0 | +42.5% | |
| Interest income | 0.0 | 0.2 | 0.4 | 5.3 | 19.8 | 1.0 | −94.8% | |
| Other income / expense | (3.0) | 15.4 | 93.1 | 67.2 | (26.9) | (116.0) | −331.9% | |
| Pre-tax income | 212.6 | 257.8 | 271.8 | 269.4 | 162.0 | 256.9 | +58.6% | |
| Income tax | 43.4 | 49.2 | 52.4 | 49.9 | 46.0 | 41.9 | −8.9% | |
| Net income | 170.2 | 208.6 | 219.4 | 220.6 | 118.2 | 213.3 | +80.5% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | — | |
| EPS, basic (per share) | 19.60 | 3.77 | 3.89 | 4.02 | 2.14 | 3.34 | +56.1% | |
| EPS, diluted (per share) | 19.60 | 3.77 | 3.84 | 3.98 | 2.08 | 3.12 | +50.0% | |
| EBITDA | 238.2 | 284.1 | 302.8 | 322.7 | 260.8 | 413.3 | +58.5% | |
| Depreciation & amortization | 13.2 | 13.7 | 15.8 | 19.8 | 28.7 | 56.4 | +96.7% | |
| Weighted average shares (shares) | 55,515,574 | 55,387,859 | 55,080,736 | 54,903,764 | 56,827,911 | 63,397,750 | +11.6% | |
| Weighted average diluted shares (shares) | 55,515,574 | 55,387,859 | 55,335,544 | 55,405,572 | 56,923,626 | 67,755,077 | +19.0% | |
| Gross margin | 78.7% | 68.8% | 71.4% | 87.5% | 68.2% | 94.1% | +25.9 pts | |
| Operating margin | 61.8% | 49.1% | 35.6% | 35.8% | 28.4% | 38.9% | +10.5 pts | |
| Net margin | 48.8% | 42.3% | 43.7% | 39.1% | 17.8% | 22.3% | +4.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in BRL; the shares trade in USD.
