| BRL billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74.1 | 109.7 | 143.6 | 126.0 | 133.5 | 142.4 | +6.6% | |
| Cost of revenue | 70.1 | 104.8 | 136.3 | 116.7 | 124.9 | 133.0 | +6.5% | |
| Gross profit | 4.0 | 4.9 | 7.4 | 9.3 | 8.6 | 9.4 | +8.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 2.6 | 3.4 | 3.7 | 4.3 | 4.4 | 4.8 | +9.1% | |
| Selling & marketing | 1.6 | 1.9 | 2.1 | 2.3 | 2.5 | 2.5 | +0.7% | |
| Operating expenses | 2.5 | 3.1 | 4.0 | 4.8 | 3.5 | 4.5 | +27.2% | |
| Operating income | 1.5 | 1.8 | 3.3 | 4.6 | 5.1 | 4.9 | −4.3% | |
| Interest expense | 0.1 | 0.8 | 1.6 | 1.6 | 1.4 | 2.4 | +75.8% | |
| Interest income | 0.0 | 0.4 | 0.6 | 0.6 | 0.7 | 1.5 | +106.2% | |
| Other income / expense | (0.6) | (0.8) | (1.5) | (1.0) | (1.1) | (1.0) | +1.9% | |
| Pre-tax income | 1.0 | 1.0 | 1.9 | 3.6 | 4.0 | 3.8 | −5.0% | |
| Income tax | 0.3 | 0.2 | 0.3 | 1.1 | 1.5 | 1.1 | −28.4% | |
| Net income | 0.9 | 0.9 | 1.8 | 2.4 | 2.4 | 2.5 | +3.9% | |
| Discontinued operations | 0.3 | 0.1 | 0.3 | 0.0 | 0.0 | (0.2) | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.82 | 0.78 | 1.65 | 2.21 | 2.14 | 2.25 | +5.1% | |
| EPS, diluted (per share) | 0.82 | 0.78 | 1.64 | 2.21 | 2.11 | 2.19 | +3.8% | |
| EBITDA | 2.6 | 2.8 | 4.5 | 6.4 | 5.1 | 7.8 | +54.2% | |
| Depreciation & amortization | 0.8 | 0.9 | 1.0 | 1.2 | 1.2 | 1.6 | +30.8% | |
| Weighted average shares (shares) | 1,087,050,000 | 1,090,500,000 | 1,091,990,000 | 1,104,930,077 | 1,117,610,000 | 1,071,727,000 | −4.1% | |
| Weighted average diluted shares (shares) | 1,093,478,000 | 1,096,962,000 | 1,098,692,000 | 1,104,942,000 | 1,117,595,000 | 1,095,126,000 | −2.0% | |
| Gross margin | 5.4% | 4.5% | 5.1% | 7.4% | 6.5% | 6.6% | +0.1 pts | |
| Operating margin | 2.1% | 1.6% | 2.3% | 3.6% | 3.8% | 3.4% | −0.4 pts | |
| Net margin | 1.2% | 0.8% | 1.3% | 1.9% | 1.8% | 1.7% | −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.
