| BRL billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30.1 | 47.9 | 44.4 | 45.4 | 43.7 | 43.9 | +0.5% | |
| Cost of revenue | 19.1 | 25.8 | 31.1 | 34.1 | 32.0 | 32.0 | +0.2% | |
| Gross profit | 10.9 | 22.1 | 13.3 | 11.3 | 11.7 | 11.9 | +1.5% | |
| Research & development | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | +45.2% | |
| Selling, general & administrative | 2.5 | 3.0 | 3.3 | 4.5 | 6.4 | 6.1 | −4.5% | |
| Selling & marketing | 2.0 | 2.4 | 2.6 | 3.7 | 5.5 | 5.0 | −7.7% | |
| Operating expenses | 3.3 | 3.6 | 4.5 | 6.1 | 7.7 | 7.2 | −6.3% | |
| Operating income | 7.6 | 18.5 | 8.9 | 5.2 | 4.0 | 4.7 | +16.5% | |
| Interest expense | 0.5 | 2.3 | 3.1 | 4.2 | 4.6 | 4.6 | −0.5% | |
| Interest income | 0.0 | 0.3 | 0.8 | 0.1 | 1.0 | 1.0 | −1.6% | |
| Other income / expense | (2.7) | 0.1 | (4.7) | (4.2) | (5.5) | (6.3) | −13.8% | |
| Pre-tax income | 4.9 | 18.6 | 4.1 | 1.0 | (1.5) | (1.6) | −6.7% | |
| Income tax | 0.6 | 5.0 | 2.0 | 0.6 | (0.0) | (0.2) | −3152.6% | |
| Net income | 3.8 | 12.3 | 1.6 | (0.3) | (2.6) | (2.0) | +24.3% | |
| 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) | 2.75 | 8.91 | 1.17 | (0.24) | (1.16) | (1.48) | −27.6% | |
| EPS, diluted (per share) | 2.75 | 8.91 | 1.17 | (0.24) | (1.16) | (1.48) | −27.6% | |
| EBITDA | 9.7 | 23.1 | 10.1 | 8.6 | 6.8 | 7.0 | +2.3% | |
| Depreciation & amortization | 2.5 | 2.2 | 2.9 | 3.4 | 3.8 | 4.1 | +7.5% | |
| Weighted average shares (shares) | 1,380,114,547 | 1,376,362,149 | 1,327,028,614 | 1,326,095,925 | 1,326,094,000 | 1,326,094,000 | +0.0% | |
| Weighted average diluted shares (shares) | 1,380,114,547 | 1,376,362,149 | 1,327,028,614 | 1,326,093,947 | 1,326,094,000 | 1,326,094,000 | +0.0% | |
| Gross margin | 36.4% | 46.1% | 30.0% | 24.9% | 26.8% | 27.0% | +0.3 pts | |
| Operating margin | 25.4% | 38.5% | 20.0% | 11.4% | 9.1% | 10.6% | +1.5 pts | |
| Net margin | 12.6% | 25.6% | 3.5% | −0.7% | −5.9% | −4.5% | +1.5 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.
