| BRL billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 2.4 | 3.8 | 3.4 | 3.9 | 5.0 | 5.4 | +9.3% | |
| Depreciation & amortization | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | +14.6% | |
| Stock-based compensation | 0.2 | 0.6 | 0.6 | 0.4 | 0.4 | 0.4 | −6.1% | |
| Change in working capital | (0.9) | (8.5) | (2.2) | 3.6 | 4.2 | 6.8 | +62.4% | |
| Operating cash flow | 1.5 | (4.0) | 1.8 | 8.1 | 11.2 | 12.0 | +7.7% | |
| Capital expenditure | (0.3) | (0.4) | (0.1) | (0.2) | (0.3) | (0.2) | +36.6% | |
| Acquisitions | (0.3) | (0.8) | (0.2) | 0.7 | (1.4) | (0.3) | +77.0% | |
| Investing cash flow | (0.6) | (1.2) | (0.4) | 0.5 | (1.7) | (0.7) | +57.1% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | (3.5) | (2.0) | (0.5) | +75.7% | |
| Share buybacks | 0.0 | 0.0 | (1.8) | (0.9) | (1.4) | (1.9) | −40.4% | |
| Debt issued / repaid | (0.6) | 5.5 | 1.6 | 0.1 | (2.4) | (2.5) | −5.8% | |
| Financing cash flow | 0.8 | 6.6 | (0.2) | (4.4) | (5.8) | (4.9) | +14.8% | |
| Free cash flow | 1.2 | (4.4) | 1.7 | 7.9 | 10.8 | 11.8 | +9.1% | |
| Net change in cash | 1.8 | 1.1 | 1.2 | 4.2 | 3.7 | 6.3 | +70.6% |
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.
