M 
3.09
+2.66%
Close of 6 Nov 2026, in BRL
At a glance
Figures in BRL, from our data supplier.
Revenue
BRL 1.05bn
FY2016FY2025
Net income
BRL 53.8m
FY2016FY2025
Free cash flow
BRL 11.3m
FY2016FY2025
Shareholders' equity
BRL 1.00bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 1.05bn | BRL 1.18bn | BRL 926.4m | BRL 758.6m | BRL 574.0m | BRL 411.3m | BRL 311.9m | BRL 150.2m | BRL 54.8m | BRL 59.0m |
| Gross profit | BRL 262.4m | BRL 281.0m | BRL 184.1m | BRL 221.4m | BRL 195.7m | BRL 139.8m | BRL 99.2m | BRL 53.1m | BRL 16.2m | BRL 17.4m |
| Research and development | — | — | BRL 0 | BRL 0 | BRL 0 | BRL 0 | BRL 0 | BRL 0 | BRL 0 | BRL 0 |
| Operating income | BRL 74.9m | BRL 97.9m | BRL 42.3m | BRL 48.4m | BRL 46.3m | BRL 38.0m | BRL 43.9m | BRL 23.8m | −BRL 2.4m | BRL 4.1m |
| Net income | BRL 53.8m | BRL 49.2m | BRL 90.4m | BRL 34.8m | BRL 24.3m | BRL 48.3m | BRL 31.9m | BRL 15.6m | −BRL 5.4m | BRL 441,000 |
| Diluted earnings per share | 0.51 | 0.47 | 0.85 | 0.33 | 0.23 | 0.46 | 0.30 | 0.15 | -0.05 | 0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 2.38bn | BRL 2.20bn | BRL 2.17bn | BRL 2.06bn | BRL 1.59bn | BRL 1.32bn | BRL 396.0m | BRL 271.3m | BRL 114.3m | BRL 120.2m |
| Cash and short-term investments | BRL 206.9m | BRL 236.7m | BRL 181.7m | BRL 197.8m | BRL 225.2m | BRL 737.5m | BRL 33.4m | BRL 21.1m | BRL 6.8m | BRL 11.5m |
| Total liabilities | BRL 1.33bn | BRL 1.16bn | BRL 1.14bn | BRL 1.06bn | BRL 590.2m | BRL 313.8m | BRL 332.7m | BRL 231.0m | BRL 83.8m | BRL 82.3m |
| Debt | BRL 682.9m | BRL 634.6m | BRL 664.9m | BRL 509.0m | BRL 111.3m | BRL 52.6m | BRL 122.0m | BRL 114.4m | BRL 26.4m | BRL 37.7m |
| Shareholders' equity | BRL 1.00bn | BRL 997.9m | BRL 990.4m | BRL 994.5m | BRL 987.8m | BRL 1.01bn | BRL 63.3m | BRL 39.7m | BRL 30.2m | BRL 36.1m |
| Shares outstanding | 106m | 106m | 106m | 106m | 106m | 106m | 106m | 106m | 106m | 106m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | BRL 35.2m | −BRL 29.0m | −BRL 75.3m | −BRL 346.4m | −BRL 514.0m | −BRL 73.8m | −BRL 57.7m | −BRL 66.0m | BRL 8.2m | BRL 30.2m |
| Capital spending | −BRL 23.9m | −BRL 961,000 | −BRL 15.4m | −BRL 24.5m | −BRL 9.3m | −BRL 12.4m | −BRL 2.5m | −BRL 1.7m | −BRL 2.6m | −BRL 3.5m |
| Free cash flow | BRL 11.3m | −BRL 30.0m | −BRL 90.7m | −BRL 371.0m | −BRL 523.3m | −BRL 86.2m | −BRL 60.2m | −BRL 67.6m | BRL 5.6m | BRL 26.8m |
| Dividends paid | −BRL 54.0m | −BRL 26.7m | −BRL 80.3m | −BRL 34.6m | −BRL 59.7m | −BRL 59.7m | −BRL 12.1m | −BRL 8.6m | −BRL 5.9m | −BRL 4.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 270.9m | BRL 285.1m | BRL 315.5m | BRL 243.2m | BRL 256.9m | BRL 239.3m | BRL 351.9m | BRL 292.3m |
| Gross profit | BRL 86.6m | BRL 78.9m | BRL 78.0m | BRL 62.4m | BRL 65.4m | BRL 63.5m | BRL 87.8m | BRL 71.1m |
| Operating income | BRL 36.5m | BRL 30.6m | BRL 21.2m | BRL 16.3m | BRL 22.1m | BRL 17.6m | BRL 38.7m | BRL 20.2m |
| Net income | BRL 15.1m | BRL 18.4m | BRL 23.5m | BRL 8.7m | BRL 10.4m | BRL 11.2m | BRL 18.7m | BRL 17.1m |
| Diluted earnings per share | 0.14 | 0.17 | 0.22 | 0.08 | 0.10 | 0.11 | 0.18 | 0.16 |
| Cash from operations | −BRL 3.0m | BRL 46.0m | BRL 65.0m | BRL 45.0m | −BRL 2.0m | −BRL 71.0m | −BRL 102.0m | −BRL 36.0m |
| Capital spending | −BRL 2.0m | −BRL 5.0m | −BRL 16.0m | −BRL 7.0m | −BRL 2.0m | −BRL 71.0m | — | — |
| Free cash flow | −BRL 5.0m | BRL 41.0m | BRL 49.0m | BRL 38.0m | −BRL 4.0m | −BRL 142.0m | — | — |
| Total assets | BRL 2.41bn | BRL 2.36bn | BRL 2.38bn | BRL 2.25bn | BRL 2.31bn | BRL 2.22bn | BRL 2.20bn | BRL 2.10bn |
| Cash and short-term investments | BRL 130.7m | BRL 181.4m | BRL 206.9m | BRL 103.9m | BRL 182.6m | BRL 148.7m | BRL 236.7m | BRL 221.7m |
| Debt | BRL 723.5m | BRL 669.8m | BRL 686.5m | BRL 618.3m | BRL 673.7m | BRL 632.6m | BRL 634.6m | BRL 646.7m |
| Shareholders' equity | BRL 1.03bn | BRL 1.02bn | BRL 1.00bn | BRL 989.2m | BRL 992.5m | BRL 997.2m | BRL 997.9m | BRL 994.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.4% | 21.3% | — |
| Operating income | 15.7% | 14.5% | — |
| Net income | 15.6% | 2.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.3% | 24.2% | 26.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 7.0 | 6.2 | 7.2 | 11.0 | 36.4 | 37.2 |
| Price to sales | 0.4 | 0.3 | 0.7 | 0.5 | 1.5 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 2 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.113 | 0.454 | 0.394 | 0.759 | 0.327 | 0.552 |
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.