| BRL billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 9.9 | 16.6 | 12.0 | 16.0 | 23.3 | 14.4 | −38.2% | |
| Cash & short-term investments | 13.7 | 19.3 | 13.5 | 17.6 | 24.2 | 15.1 | −37.8% | |
| Receivables | 4.5 | 4.4 | 5.2 | 5.4 | 4.6 | 4.2 | −8.8% | |
| Inventory | 4.8 | 10.9 | 11.3 | 9.6 | 10.4 | 10.5 | +0.1% | |
| Total current assets | 23.4 | 35.0 | 30.6 | 33.1 | 39.8 | 30.3 | −23.8% | |
| Property, plant & equipment | 19.7 | 21.5 | 26.4 | 27.9 | 30.4 | 33.9 | +11.4% | |
| Goodwill & intangibles | 7.3 | 7.7 | 10.8 | 10.5 | 10.4 | 11.0 | +5.4% | |
| Long-term investments | 3.8 | 4.2 | 5.4 | 5.4 | 6.0 | 12.0 | +101.8% | |
| Total assets | 63.0 | 79.4 | 85.4 | 91.5 | 103.9 | 100.5 | −3.3% | |
| Payables | 5.4 | 10.9 | 12.3 | 11.9 | 9.9 | 7.2 | −27.9% | |
| Short-term debt | 4.1 | 4.9 | 5.1 | 7.3 | 8.2 | 10.7 | +30.6% | |
| Total current liabilities | 14.7 | 24.5 | 22.5 | 25.0 | 25.1 | 28.1 | +11.7% | |
| Long-term debt | 31.1 | 27.0 | 35.7 | 37.2 | 48.1 | 42.5 | −11.7% | |
| Total debt | 35.8 | 32.6 | 41.6 | 45.3 | 57.1 | 54.0 | −5.4% | |
| Net debt | 25.9 | 15.9 | 29.6 | 29.2 | 33.8 | 39.6 | +17.1% | |
| Deferred revenue | 1.1 | 2.1 | 1.1 | 2.1 | 3.6 | 4.3 | +19.1% | |
| Total liabilities | 51.8 | 56.0 | 63.5 | 71.8 | 88.4 | 84.8 | −4.1% | |
| Total equity | 9.9 | 20.3 | 19.5 | 17.5 | 12.3 | 12.9 | +4.9% | |
| Retained earnings | 5.9 | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | — |
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.
