H
3.02
-0.66%
Close of 9 Nov 2026, in BRL
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in BRL, from our data supplier.
Revenue
BRL 2.24bn
FY2016FY2025
Net income
−BRL 140.9m
FY2016FY2025
Free cash flow
BRL 385.3m
FY2016FY2025
Shareholders' equity
BRL 2.16bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 2.24bn | BRL 1.35bn | BRL 1.92bn | BRL 1.77bn | BRL 1.12bn | BRL 1.46bn | BRL 937.9m | BRL 1.26bn | BRL 790.6m | BRL 392.6m |
| Gross profit | BRL 908.1m | BRL 6.4m | BRL 681.9m | BRL 618.2m | BRL 234.6m | BRL 372.5m | BRL 312.2m | BRL 623.6m | BRL 338.6m | BRL 114.8m |
| Operating income | BRL 607.0m | −BRL 268.0m | BRL 341.0m | BRL 396.3m | BRL 90.3m | BRL 170.7m | BRL 256.7m | BRL 569.8m | BRL 226.1m | BRL 70.3m |
| Net income | −BRL 140.9m | −BRL 621.7m | BRL 17.6m | −BRL 8.2m | −BRL 339.1m | −BRL 105.5m | BRL 58.6m | BRL 162.1m | BRL 11.7m | −BRL 88.9m |
| Diluted earnings per share | -0.10 | -0.77 | 0.02 | -0.01 | -0.45 | -0.14 | 0.07 | 0.20 | 0.01 | -0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 6.49bn | BRL 7.17bn | BRL 6.25bn | BRL 6.36bn | BRL 6.52bn | BRL 5.71bn | BRL 4.72bn | BRL 4.77bn | BRL 3.69bn | BRL 3.56bn |
| Cash and short-term investments | BRL 1.11bn | BRL 1.05bn | BRL 813.9m | BRL 734.6m | BRL 659.0m | BRL 1.03bn | BRL 959.1m | BRL 1.09bn | BRL 189.1m | BRL 262.4m |
| Total liabilities | BRL 4.33bn | BRL 6.22bn | BRL 4.87bn | BRL 5.03bn | BRL 5.27bn | BRL 4.19bn | BRL 3.17bn | BRL 3.16bn | BRL 2.37bn | BRL 2.37bn |
| Debt | BRL 3.73bn | BRL 5.12bn | BRL 4.30bn | BRL 4.55bn | BRL 4.94bn | BRL 3.96bn | BRL 3.02bn | BRL 2.94bn | BRL 2.14bn | BRL 2.05bn |
| Shareholders' equity | BRL 2.16bn | BRL 948.1m | BRL 1.38bn | BRL 1.33bn | BRL 1.25bn | BRL 1.53bn | BRL 1.54bn | BRL 1.61bn | BRL 1.32bn | BRL 1.18bn |
| Shares outstanding | 1,360m | 810m | 810m | 760m | 760m | 760m | 810m | 810m | 810m | 657m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | BRL 702.0m | BRL 121.9m | BRL 441.6m | BRL 514.6m | BRL 47.7m | BRL 238.4m | BRL 126.7m | BRL 203.7m | BRL 261.8m | −BRL 32.2m |
| Capital spending | −BRL 316.7m | −BRL 311.6m | −BRL 274.0m | −BRL 281.0m | −BRL 534.1m | −BRL 302.6m | −BRL 99.2m | −BRL 130.1m | −BRL 201.0m | −BRL 352.5m |
| Free cash flow | BRL 385.3m | −BRL 189.8m | BRL 167.6m | BRL 233.6m | −BRL 486.3m | −BRL 64.2m | BRL 27.5m | BRL 73.6m | BRL 60.8m | −BRL 384.7m |
| Dividends paid | — | — | — | — | — | −BRL 2.0m | −BRL 135.9m | −BRL 135.9m | −BRL 135.9m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 664.1m | BRL 445.2m | BRL 486.2m | BRL 650.9m | BRL 622.4m | BRL 481.6m | BRL 60.8m | BRL 489.4m |
| Gross profit | BRL 301.9m | BRL 117.3m | BRL 135.9m | BRL 299.4m | BRL 284.3m | BRL 188.5m | −BRL 278.9m | BRL 138.9m |
| Operating income | BRL 229.0m | BRL 50.6m | BRL 39.6m | BRL 218.1m | BRL 223.2m | BRL 125.8m | −BRL 396.1m | BRL 41.5m |
| Net income | BRL 100.4m | −BRL 34.2m | −BRL 361.4m | BRL 116.3m | BRL 81.0m | BRL 23.2m | −BRL 446.0m | −BRL 48.6m |
| Diluted earnings per share | 0.07 | -0.03 | -0.27 | 0.09 | 0.06 | 0.02 | -0.55 | -0.06 |
| Cash from operations | BRL 484.0m | −BRL 92.0m | −BRL 134.0m | BRL 414.0m | BRL 426.0m | −BRL 5.0m | −BRL 60.0m | BRL 43.0m |
| Capital spending | −BRL 35.0m | −BRL 39.0m | −BRL 87.0m | −BRL 52.0m | −BRL 78.0m | −BRL 97.0m | −BRL 154.0m | −BRL 66.0m |
| Free cash flow | BRL 449.0m | −BRL 131.0m | −BRL 221.0m | BRL 362.0m | BRL 348.0m | −BRL 102.0m | −BRL 214.0m | −BRL 23.0m |
| Total assets | BRL 5.92bn | BRL 6.19bn | BRL 6.49bn | BRL 6.90bn | BRL 6.88bn | BRL 6.26bn | BRL 7.17bn | BRL 6.51bn |
| Cash and short-term investments | BRL 747.6m | BRL 918.6m | BRL 1.11bn | BRL 1.13bn | BRL 1.10bn | BRL 397.2m | BRL 1.05bn | BRL 758.4m |
| Debt | BRL 60.9m | BRL 3.49bn | BRL 3.73bn | BRL 3.70bn | BRL 3.74bn | BRL 3.85bn | BRL 5.10bn | BRL 4.62bn |
| Shareholders' equity | BRL 2.09bn | BRL 2.01bn | BRL 2.16bn | BRL 2.27bn | BRL 2.20bn | BRL 949.9m | BRL 948.1m | BRL 1.32bn |
Financial ratios
Data as of 15 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 40.5% | 0.5% | 35.4% | 35.0% | 21.0% | 25.5% |
| Operating margin | 27.1% | -16.6% | 19.1% | 17.1% | 11.2% | 11.0% |
| Net margin | -6.3% | -46.0% | 0.9% | -0.5% | -30.4% | -7.2% |
| Return on equity | -6.5% | -65.6% | 1.3% | -0.6% | -27.2% | -6.9% |
| Return on assets | -2.2% | -8.7% | 0.3% | -0.1% | -5.2% | -1.8% |
| Free cash flow yield | 18.4% | 13.2% | 21.8% | 25.8% | 18.8% | 17.5% |
| Revenue growth | 65.7% | -29.7% | 8.8% | 58.5% | -23.7% | 55.9% |
| Earnings growth | -77.3% | -3632.6% | -315.6% | -97.6% | 221.3% | -280.1% |
| Current ratio | 2.97x | 0.71x | 1.78x | 1.86x | 2.04x | 3.20x |
| Debt to equity | 1.62x | 5.12x | 2.94x | 3.23x | 3.77x | 2.45x |
| Equity ratio | 33.3% | 13.2% | 22.1% | 20.9% | 19.1% | 26.7% |
| Interest coverage | 1.68x | -0.65x | 1.22x | 0.85x | 0.29x | 0.75x |
| Buybacks as a share of market value | -68.0% | 0.0% | -6.5% | 0.0% | 0.0% | 6.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.2% | 8.9% | 27.6% |
| Operating income | 15.3% | 28.9% | — |
| Net income | 158.4% | 6.0% | 8.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 25.4% | 30.4% | 28.6% | 31.3% |
| Operating margin | 9.4% | 14.8% | 13.6% | 18.1% |
| Net margin | -21.2% | -10.3% | -12.1% | -8.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -36.0 | -3.4 | 170.2 | -197.7 | -7.3 | -46.7 |
| Price to sales | 2.3 | 1.6 | 1.6 | 0.9 | 2.2 | 3.4 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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