| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | BRL 77.42B | +3.5% |
| Gross Profit | BRL 7.97B | −13.4% |
| EBITDA | BRL 7.42B | −30.1% |
| Net Income | BRL 1.39B | −69.6% |
| Diluted EPS | — | — |
| Free Cash Flow | BRL 1.31B | −76.7% |
| DPS (FY2025) | — |
| Trailing yield | — |
| Payout ratio | 92.7% |
| Growth streak | — |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | — | — | reported |
| FY20242024-12-31 | — | — | reported |
| FY20232023-12-31 | — | — | reported |
| FY20222022-12-31 | — | — | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 23.71% | 35.65% | 31.72% | 25.07% | 22.71% | 20.06% | 8% | 25% | |
| Operating Margin | 10.46% | 23.52% | 19.04% | 13.60% | 10.01% | 4.83% | 8% | 43% | |
| EBITDA Margin | 15.49% | 26.49% | 22.11% | 17.57% | 14.19% | 9.59% | 8% | 41% | |
| NOPAT Margin | 7.15% | 18.05% | 13.78% | 10.97% | 8.42% | 2.71% | 8% | 33% | |
| Net Margin | 4.76% | 17.33% | 12.25% | 9.76% | 6.10% | 1.79% | 8% | 39% | |
| FCF Margin | 9.58% | 10.62% | 7.36% | 7.72% | 7.49% | 1.69% | 8% | 37% | |
| FCFF Margin | 11.57% | 11.85% | 8.57% | 9.18% | 9.19% | 3.19% | 8% | 16% | |
| FCFE Margin | 5.63% | 5.58% | 6.35% | 6.34% | 8.36% | 3.27% | 8% | 36% | |
| OCF Margin | 12.90% | 14.00% | 11.96% | 14.49% | 15.21% | 10.32% | 8% | 52% | |
| Gross Profitability | 9.40% | 28.20% | 25.41% | 15.13% | 10.60% | 9.75% | 25% | 17% | |
| Capex Intensity | 3.32% | 3.38% | 4.60% | 6.78% | 7.72% | 8.63% | 92% | 87% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 6 ratios | |||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 8 ratios | |||||||||
| ▸Capital allocation · 5 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 2.5% vs reported ROE 2.5%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | BRL 49.66B | BRL 89.40B | BRL 93.23B | BRL 76.85B | BRL 74.82B | BRL 77.42B |
| YoY % | +80.0% | +4.3% | -17.6% | -2.6% | +3.5% | |
| Cost of Revenue | BRL 37.88B | BRL 57.53B | BRL 63.66B | BRL 57.58B | BRL 57.82B | BRL 61.89B |
| YoY % | +51.9% | +10.7% | -9.5% | +0.4% | +7.0% | |
| Gross Profit | BRL 5.93B | BRL 20.82B | BRL 18.75B | BRL 11.33B | BRL 9.20B | BRL 7.97B |
| YoY % | +251.0% | -9.9% | -39.6% | -18.8% | -13.4% | |
| Selling & Marketing Expense | BRL 513.0M | BRL 715.8M | BRL 733.0M | BRL 716.2M | BRL 762.6M | BRL 782.4M |
| YoY % | +39.6% | +2.4% | -2.3% | +6.5% | +2.6% | |
| SG&A Expense | BRL 1.53B | BRL 2.11B | BRL 2.19B | BRL 2.21B | BRL 2.17B | BRL 2.12B |
| YoY % | +37.6% | +3.9% | +0.9% | -1.9% | -2.1% | |
| Operating Income | BRL 5.19B | BRL 21.02B | BRL 17.75B | BRL 10.45B | BRL 7.49B | BRL 3.74B |
| YoY % | +304.7% | -15.6% | -41.1% | -28.4% | -50.1% | |
| Interest Expense | BRL 1.45B | BRL 1.43B | BRL 1.56B | BRL 1.40B | BRL 1.51B | BRL 2.07B |
| YoY % | -1.1% | +9.1% | -10.6% | +8.0% | +37.5% | |
| Interest & Investment Income | BRL 194.1M | BRL 249.0M | BRL 606.4M | BRL 903.0M | BRL 726.2M | BRL 693.6M |
| YoY % | +28.3% | +143.5% | +48.9% | -19.6% | -4.5% | |
| Equity Method Income | BRL 0 | -BRL 162.9M | BRL 1.15B | BRL 827.6M | BRL 464.5M | BRL 95.6M |
| YoY % | -28.1% | -43.9% | -79.4% | |||
| Pretax Income | BRL 3.50B | BRL 20.27B | BRL 15.86B | BRL 9.35B | BRL 5.46B | BRL 2.52B |
| YoY % | +479.9% | -21.8% | -41.1% | -41.5% | -53.8% | |
| Income Tax | BRL 1.11B | BRL 4.71B | BRL 4.38B | BRL 1.81B | BRL 864.7M | BRL 1.11B |
| YoY % | +325.6% | -7.1% | -58.7% | -52.2% | +27.9% | |
| Net Income (incl. NCI) | BRL 2.39B | BRL 15.56B | BRL 11.48B | BRL 7.54B | BRL 4.60B | BRL 1.42B |
| YoY % | +551.5% | -26.2% | -34.3% | -39.0% | -69.2% | |
| Minority Interest (P&L) | BRL 22.3M | BRL 64.8M | BRL 54.0M | BRL 35.4M | BRL 32.7M | BRL 31.4M |
| YoY % | +190.8% | -16.6% | -34.5% | -7.5% | -4.1% | |
| Net Income | BRL 2.37B | BRL 15.49B | BRL 11.43B | BRL 7.50B | BRL 4.57B | BRL 1.39B |
| YoY % | +554.9% | -26.3% | -34.3% | -39.1% | -69.6% | |
| EPS (Basic) | BRL 1.39 | BRL 9.09 | — | — | — | — |
| YoY % | +554.0% | |||||
| EPS (Diluted) | BRL 1.38 | BRL 9.04 | BRL 6.50 | — | — | — |
| YoY % | +555.1% | -28.1% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| FY20212021-12-31 | — | — | reported |
| FY20202020-12-31 | — | — | reported |
