| BRL billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 1.3 | 2.3 | 4.3 | 4.8 | 13.6 | 8.3 | −39.2% | |
| Depreciation & amortization | 2.0 | 2.3 | 2.5 | 2.8 | 2.7 | 2.2 | −19.1% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (1.1) | (1.2) | (2.1) | (2.7) | (1.1) | (0.1) | +90.7% | |
| Operating cash flow | 5.0 | 3.9 | 4.0 | 4.9 | 7.4 | 8.2 | +10.9% | |
| Capital expenditure | (0.0) | (0.1) | (0.1) | (0.1) | (0.1) | (0.3) | −184.2% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (6.8) | (2.7) | (2.9) | (4.9) | (10.0) | (15.4) | −54.5% | |
| Dividends paid | 0.0 | (0.3) | 0.0 | 0.0 | 0.0 | (2.3) | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.5) | — | |
| Debt issued / repaid | 1.5 | 0.0 | 1.3 | 0.6 | 4.6 | 13.8 | +197.6% | |
| Financing cash flow | (0.1) | (0.9) | 0.1 | (1.0) | 3.4 | 10.1 | +196.3% | |
| Free cash flow | 4.9 | 3.9 | 3.9 | 4.7 | 7.3 | 7.9 | +8.5% | |
| Net change in cash | (1.9) | 0.3 | 1.1 | (1.0) | 0.8 | 3.1 | +272.6% |
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.
