H 
1.45
-1.36%
Close of 6 Nov 2026, in BRL
At a glance
Figures in BRL, from our data supplier.
Revenue
BRL 1.13bn
FY2016FY2025
Net income
BRL 11.3m
FY2016FY2025
Free cash flow
BRL 6.8m
FY2016FY2025
Shareholders' equity
BRL 1.45bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 1.13bn | BRL 1.27bn | BRL 1.28bn | BRL 906.4m | BRL 948.0m | BRL 973.8m | BRL 1.29bn | BRL 633.6m | BRL 518.1m | BRL 902.0m |
| Gross profit | BRL 343.8m | BRL 426.1m | BRL 378.7m | BRL 252.9m | BRL 250.8m | BRL 192.1m | BRL 151.4m | −BRL 71.2m | −BRL 30.6m | BRL 96.6m |
| Operating income | BRL 138.8m | BRL 217.3m | BRL 227.4m | BRL 147.3m | BRL 150.7m | BRL 111.3m | BRL 14.6m | −BRL 255.2m | −BRL 245.1m | −BRL 47.4m |
| Net income | BRL 11.3m | BRL 56.5m | BRL 50.8m | BRL 51.1m | BRL 101.0m | BRL 26.5m | −BRL 104.2m | −BRL 340.9m | −BRL 309.1m | −BRL 103.2m |
| Diluted earnings per share | 0.08 | 0.43 | 0.38 | 0.38 | 0.76 | 0.20 | -0.78 | -3.77 | -3.96 | -1.61 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 6.57bn | BRL 6.70bn | BRL 6.08bn | BRL 5.20bn | BRL 4.31bn | BRL 4.35bn | BRL 4.63bn | BRL 4.14bn | BRL 4.97bn | BRL 5.36bn |
| Cash and short-term investments | BRL 250.2m | BRL 480.8m | BRL 277.9m | BRL 335.5m | BRL 376.0m | BRL 449.5m | BRL 581.0m | BRL 220.9m | BRL 351.0m | BRL 268.9m |
| Total liabilities | BRL 3.78bn | BRL 3.99bn | BRL 3.71bn | BRL 3.07bn | BRL 2.49bn | BRL 2.68bn | BRL 3.02bn | BRL 2.99bn | BRL 3.17bn | BRL 3.48bn |
| Debt | BRL 1.86bn | BRL 1.99bn | BRL 1.92bn | BRL 1.84bn | BRL 1.37bn | BRL 1.51bn | BRL 1.54bn | BRL 1.85bn | BRL 2.05bn | BRL 2.17bn |
| Shareholders' equity | BRL 1.45bn | BRL 1.45bn | BRL 1.41bn | BRL 1.37bn | BRL 1.33bn | BRL 1.26bn | BRL 1.25bn | BRL 823.3m | BRL 1.37bn | BRL 1.40bn |
| Shares outstanding | 133m | 133m | 133m | 133m | 133m | 133m | 133m | 90m | 78m | 64m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | BRL 30.7m | BRL 526.9m | BRL 98.5m | −BRL 571.0m | BRL 207.0m | −BRL 69.7m | BRL 127.0m | BRL 203.0m | BRL 8.1m | −BRL 224.5m |
| Capital spending | −BRL 24.0m | −BRL 13.5m | −BRL 13.4m | −BRL 24.4m | −BRL 43.3m | −BRL 23.2m | −BRL 13.0m | −BRL 10.6m | −BRL 4.3m | −BRL 6.5m |
| Free cash flow | BRL 6.8m | BRL 513.4m | BRL 85.2m | −BRL 595.4m | BRL 163.8m | −BRL 92.9m | BRL 114.0m | BRL 192.4m | BRL 3.8m | −BRL 231.1m |
| Dividends paid | −BRL 18.7m | −BRL 12.1m | −BRL 12.1m | −BRL 24.0m | −BRL 6.3m | −BRL 6.3m | −BRL 6.3m | −BRL 6.3m | — | −BRL 16.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 212.7m | BRL 346.6m | BRL 311.0m | BRL 232.6m | BRL 285.6m | BRL 299.2m | BRL 305.9m | BRL 346.6m |
| Gross profit | BRL 64.0m | BRL 98.5m | BRL 92.3m | BRL 70.7m | BRL 91.4m | BRL 94.3m | BRL 117.9m | BRL 111.8m |
| Operating income | BRL 25.0m | BRL 53.7m | BRL 40.8m | BRL 22.4m | BRL 22.8m | BRL 55.2m | BRL 82.4m | BRL 44.8m |
| Net income | BRL 583,000 | BRL 1.9m | BRL 1.6m | BRL 465,000 | BRL 1.6m | BRL 7.6m | BRL 31.8m | BRL 9.2m |
| Diluted earnings per share | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.06 | 0.24 | 0.07 |
| Cash from operations | −BRL 93.0m | BRL 34.0m | BRL 13.0m | −BRL 7.0m | −BRL 31.0m | BRL 55.0m | BRL 696.0m | −BRL 27.0m |
| Capital spending | −BRL 7.0m | −BRL 3.0m | −BRL 3.0m | −BRL 6.0m | −BRL 12.0m | −BRL 1.0m | −BRL 3.0m | −BRL 3.0m |
| Free cash flow | −BRL 100.0m | BRL 31.0m | BRL 10.0m | −BRL 13.0m | −BRL 43.0m | BRL 54.0m | BRL 693.0m | −BRL 30.0m |
| Total assets | BRL 6.74bn | BRL 6.66bn | BRL 6.57bn | BRL 6.58bn | BRL 6.46bn | BRL 6.38bn | BRL 6.70bn | BRL 6.42bn |
| Cash and short-term investments | BRL 238.5m | BRL 288.2m | BRL 250.2m | BRL 326.3m | BRL 210.4m | BRL 226.0m | BRL 480.8m | BRL 230.5m |
| Debt | BRL 2.01bn | BRL 1.96bn | BRL 1.86bn | BRL 1.86bn | BRL 1.74bn | BRL 1.72bn | BRL 1.99bn | BRL 2.00bn |
| Shareholders' equity | BRL 1.45bn | BRL 1.45bn | BRL 1.45bn | BRL 1.46bn | BRL 1.46bn | BRL 1.46bn | BRL 1.45bn | BRL 1.43bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.6% | 3.0% | -1.5% |
| Operating income | -2.0% | 4.5% | -1.1% |
| Net income | -39.6% | -15.7% | -16.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 32.1% | 30.6% | 28.4% | 20.5% |
| Operating margin | 14.8% | 16.0% | 15.3% | 5.5% |
| Net margin | 2.8% | 3.7% | 4.6% | -4.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 29.5 | 3.2 | 9.2 | 5.3 | 6.2 | 61.2 | -29.0 | -2.0 | -2.5 | -4.6 |
| Price to sales | 0.3 | 0.1 | 0.4 | 0.3 | 0.7 | 1.7 | 2.3 | 1.1 | 1.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 27 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.001 | 0.233 | 0.091 | 0.091 | 0.181 | 0.047 | 0.325 | 1.981 |
- 5-to-1 reverse split · 13 Aug 2020
- 13-for-10 split · 22 Apr 2013
- 3-for-1 split · 23 Apr 2012
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.