| BRL billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 270.2 | 362.5 | 384.0 | 363.8 | 417.0 | 471.1 | +13.0% | |
| Cost of revenue | 225.0 | 294.0 | 322.9 | 324.2 | 354.2 | 410.8 | +16.0% | |
| Gross profit | 45.2 | 68.5 | 61.0 | 39.6 | 62.8 | 60.3 | −3.9% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 24.0 | 29.8 | 34.9 | 34.0 | 37.0 | 37.8 | +2.1% | |
| Selling & marketing | 14.5 | 18.4 | 23.1 | 22.9 | 26.1 | 0.0 | −100.0% | |
| Operating expenses | 24.8 | 35.1 | 35.7 | 34.3 | 39.0 | 37.7 | −3.4% | |
| Operating income | 20.4 | 33.4 | 25.3 | 5.3 | 23.8 | 22.6 | −4.8% | |
| Interest expense | 3.8 | 1.0 | 1.3 | 1.7 | 1.6 | 9.2 | +457.5% | |
| Interest income | 0.0 | 0.1 | 0.3 | 0.3 | 0.5 | 2.3 | +407.5% | |
| Other income / expense | (12.2) | (5.1) | (6.5) | (6.7) | (8.9) | (8.2) | +8.0% | |
| Pre-tax income | 8.3 | 28.2 | 18.8 | (1.4) | 14.8 | 14.4 | −2.8% | |
| Income tax | 3.6 | 6.9 | 2.2 | (0.7) | 4.1 | 2.2 | −47.2% | |
| Net income | 4.6 | 21.2 | 15.9 | (1.1) | 9.6 | 11.1 | +15.4% | |
| 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) | 1.73 | 8.58 | 7.09 | (0.48) | 0.80 | 10.41 | +1201.3% | |
| EPS, diluted (per share) | 1.73 | 8.58 | 7.09 | (0.48) | 0.80 | 10.41 | +1201.3% | |
| EBITDA | 27.7 | 43.0 | 36.0 | 14.7 | 35.4 | 36.2 | +2.3% | |
| Depreciation & amortization | 6.4 | 9.3 | 10.1 | 8.8 | 9.7 | 12.6 | +30.2% | |
| Weighted average shares (shares) | 2,655,095,000 | 2,479,191,000 | 2,254,345,000 | 2,218,116,000 | 2,218,116,000 | 1,068,509,000 | −51.8% | |
| Weighted average diluted shares (shares) | 2,655,094,000 | 2,479,191,000 | 2,254,345,000 | 2,218,116,000 | 2,218,116,000 | 1,068,509,000 | −51.8% | |
| Gross margin | 16.7% | 18.9% | 15.9% | 10.9% | 15.1% | 12.8% | −2.3 pts | |
| Operating margin | 7.6% | 9.2% | 6.6% | 1.5% | 5.7% | 4.8% | −0.9 pts | |
| Net margin | 1.7% | 5.9% | 4.1% | −0.3% | 2.3% | 2.4% | +0.0 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.
