| BRL billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.6 | 13.0 | 14.2 | 14.8 | 19.9 | 18.2 | −8.2% | |
| Cost of revenue | 3.0 | 4.0 | 4.4 | 4.8 | 6.4 | 6.0 | −7.2% | |
| Gross profit | 5.6 | 8.9 | 9.7 | 10.0 | 13.5 | 12.3 | −8.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 3.0 | 4.8 | 5.7 | 5.4 | 6.9 | 6.4 | −7.1% | |
| Operating income | 2.6 | 4.2 | 4.0 | 4.5 | 6.6 | 5.9 | −10.3% | |
| Interest expense | 0.1 | 0.1 | 0.4 | 0.6 | 0.9 | 0.6 | −31.4% | |
| Interest income | 3.2 | 6.1 | 7.7 | 8.2 | 11.1 | 10.2 | −7.5% | |
| Other income / expense | (0.2) | (0.2) | (0.5) | (0.7) | (0.9) | (0.6) | +34.7% | |
| Pre-tax income | 2.4 | 4.0 | 3.6 | 3.9 | 5.7 | 5.3 | −6.6% | |
| Income tax | 0.3 | 0.2 | (0.1) | 0.0 | 0.5 | 0.3 | −49.3% | |
| Net income | 2.1 | 3.7 | 3.7 | 3.8 | 5.2 | 5.1 | −2.1% | |
| 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 | +188.7% | |
| EPS, basic (per share) | 3.76 | 6.42 | 6.44 | 7.16 | 8.23 | 9.80 | +19.1% | |
| EPS, diluted (per share) | 3.71 | 6.26 | 6.25 | 7.16 | 8.23 | 9.72 | +18.1% | |
| EBITDA | 2.6 | 4.3 | 4.2 | 4.7 | 6.9 | 6.3 | −9.6% | |
| Depreciation & amortization | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | −2.0% | |
| Weighted average shares (shares) | 552,291,000 | 559,004,000 | 555,429,000 | 544,212,000 | 548,316,000 | 527,318,000 | −3.8% | |
| Weighted average diluted shares (shares) | 559,108,000 | 573,499,000 | 573,006,000 | 544,212,000 | 548,319,000 | 531,923,000 | −3.0% | |
| Gross margin | 65.6% | 68.8% | 68.7% | 67.4% | 67.7% | 67.4% | −0.3 pts | |
| Operating margin | 30.1% | 32.0% | 28.6% | 30.7% | 33.2% | 32.4% | −0.8 pts | |
| Net margin | 24.3% | 28.8% | 26.1% | 25.9% | 26.1% | 27.8% | +1.7 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.
