P 
10.20
-1.45%
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 3.16bn
FY2016FY2025
Net income
BRL 638.4m
FY2016FY2025
Free cash flow
−BRL 134.9m
FY2016FY2025
Shareholders' equity
BRL 4.33bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 3.16bn | BRL 3.26bn | BRL 2.81bn | BRL 2.98bn | BRL 1.04bn | BRL 787.8m | BRL 339.9m | BRL 299.7m | BRL 194.3m | BRL 180.6m |
| Gross profit | BRL 1.02bn | BRL 1.19bn | BRL 897.7m | BRL 1.44bn | BRL 372.8m | BRL 277.2m | BRL 86.6m | BRL 112.3m | BRL 32.8m | BRL 9.4m |
| Operating income | BRL 781.4m | BRL 948.2m | BRL 710.3m | BRL 1.33bn | BRL 309.9m | BRL 231.8m | BRL 68.2m | BRL 89.6m | BRL 13.0m | −BRL 17.2m |
| Net income | BRL 638.4m | BRL 437.5m | BRL 708.9m | BRL 1.15bn | BRL 176.9m | −BRL 81.8m | BRL 63.7m | BRL 72.9m | BRL 9.1m | −BRL 12.4m |
| Diluted earnings per share | 2.18 | 1.49 | 2.42 | 3.93 | 0.71 | -0.34 | 0.27 | 0.30 | 0.19 | -0.26 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 8.67bn | BRL 7.44bn | BRL 6.83bn | BRL 6.59bn | BRL 4.72bn | BRL 2.08bn | BRL 1.86bn | BRL 505.9m | BRL 445.8m | BRL 448.4m |
| Cash and short-term investments | BRL 1.63bn | BRL 1.06bn | BRL 507.4m | BRL 1.61bn | BRL 802.8m | BRL 97.3m | BRL 56.3m | BRL 20.0m | BRL 21.0m | BRL 16.5m |
| Total liabilities | BRL 4.34bn | BRL 3.20bn | BRL 2.31bn | BRL 2.77bn | BRL 2.84bn | BRL 1.10bn | BRL 902.1m | BRL 84.3m | BRL 66.0m | BRL 63.3m |
| Debt | BRL 3.13bn | BRL 1.81bn | BRL 946.4m | BRL 683.1m | BRL 754.2m | BRL 916.9m | BRL 771.2m | BRL 6.8m | BRL 1.5m | BRL 421,000 |
| Shareholders' equity | BRL 4.33bn | BRL 4.24bn | BRL 4.52bn | BRL 3.81bn | BRL 1.87bn | BRL 980.2m | BRL 961.8m | BRL 421.6m | BRL 379.8m | BRL 385.0m |
| Shares outstanding | 293m | 293m | 293m | 293m | 248m | 243m | 238m | 243m | 48m | 48m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | BRL 1.50bn | BRL 2.22bn | BRL 1.39bn | BRL 1.51bn | BRL 638.9m | BRL 456.1m | BRL 139.6m | BRL 151.8m | BRL 56.9m | BRL 72.0m |
| Capital spending | −BRL 1.64bn | −BRL 1.19bn | −BRL 1.37bn | −BRL 1.23bn | −BRL 832.3m | −BRL 227.6m | −BRL 1.33bn | −BRL 113.1m | −BRL 38.9m | −BRL 36.9m |
| Free cash flow | −BRL 134.9m | BRL 1.03bn | BRL 25.4m | BRL 278.5m | −BRL 193.4m | BRL 228.5m | −BRL 1.19bn | BRL 38.6m | BRL 18.0m | BRL 35.1m |
| Dividends paid | −BRL 238.2m | −BRL 776.0m | −BRL 281.9m | −BRL 205.3m | — | — | — | −BRL 35.0m | −BRL 16.0m | −BRL 32.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 807.9m | BRL 684.5m | BRL 704.2m | BRL 786.4m | BRL 806.3m | BRL 860.8m | BRL 843.4m | BRL 850.2m |
| Gross profit | BRL 291.7m | BRL 216.6m | BRL 214.2m | BRL 234.2m | BRL 253.2m | BRL 319.9m | BRL 313.2m | BRL 285.3m |
| Operating income | BRL 238.8m | BRL 154.7m | BRL 134.1m | BRL 157.6m | BRL 243.1m | BRL 321.1m | BRL 243.2m | BRL 236.4m |
| Net income | BRL 202.7m | BRL 123.8m | BRL 50.7m | BRL 121.9m | BRL 238.1m | BRL 227.5m | BRL 32.4m | BRL 158.8m |
| Diluted earnings per share | 0.69 | 0.42 | 0.17 | 0.42 | 0.81 | 0.78 | 0.11 | 0.54 |
| Cash from operations | BRL 263.0m | BRL 279.0m | BRL 289.0m | BRL 387.0m | BRL 322.0m | BRL 505.0m | BRL 607.0m | BRL 521.0m |
| Capital spending | −BRL 189.0m | −BRL 199.0m | −BRL 309.0m | −BRL 608.0m | −BRL 422.0m | −BRL 297.0m | −BRL 464.0m | −BRL 253.0m |
| Free cash flow | BRL 74.0m | BRL 80.0m | −BRL 20.0m | −BRL 221.0m | −BRL 100.0m | BRL 208.0m | BRL 143.0m | BRL 268.0m |
| Total assets | BRL 9.03bn | BRL 9.07bn | BRL 8.67bn | BRL 7.90bn | BRL 7.20bn | BRL 7.45bn | BRL 7.44bn | BRL 7.71bn |
| Cash and short-term investments | BRL 1.62bn | BRL 1.66bn | BRL 1.63bn | BRL 933.7m | BRL 651.5m | BRL 1.02bn | BRL 1.06bn | BRL 1.50bn |
| Debt | BRL 81.0m | BRL 3.20bn | BRL 3.13bn | BRL 2.43bn | BRL 1.85bn | BRL 1.87bn | BRL 1.81bn | BRL 1.75bn |
| Shareholders' equity | BRL 4.43bn | BRL 4.20bn | BRL 4.33bn | BRL 4.56bn | BRL 4.44bn | BRL 4.46bn | BRL 4.24bn | BRL 4.57bn |
Financial ratios
Data as of 23 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 32.3% | 36.5% | 31.9% | 48.4% | 35.8% | 35.2% |
| Operating margin | 24.7% | 18.5% | 29.2% | 44.7% | 30.0% | -2.2% |
| Net margin | 20.2% | 13.4% | 25.2% | 38.8% | 17.0% | -10.4% |
| Return on equity | 14.7% | 10.3% | 15.7% | 30.3% | 9.5% | -8.3% |
| Return on assets | 7.4% | 5.9% | 10.4% | 17.5% | 3.8% | -3.9% |
| Free cash flow yield | 87.6% | 94.9% | 76.8% | 76.1% | 48.4% | 23.0% |
| Revenue growth | -3.3% | 16.0% | -5.4% | 186.0% | 32.1% | 131.8% |
| Earnings growth | 45.9% | -38.3% | -38.5% | 552.0% | -316.4% | -228.4% |
| Current ratio | 3.48x | 2.14x | 1.08x | 1.53x | 0.83x | 0.91x |
| Debt to equity | 0.72x | 0.43x | 0.21x | 0.18x | 0.40x | 0.93x |
| Equity ratio | 50.0% | 56.9% | 66.2% | 57.9% | 39.7% | 47.1% |
| Interest coverage | 2.50x | 2.51x | 7.55x | 12.16x | 3.80x | -0.17x |
| Buybacks as a share of market value | -0.0% | 0.1% | 0.1% | -18.1% | -2.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.0% | 32.0% | 29.9% |
| Operating income | -16.2% | 27.5% | 37.1% |
| Net income | -17.9% | — | 37.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 34.5% | 37.3% | 37.1% | 36.0% |
| Operating margin | 26.9% | 30.9% | 30.7% | 29.4% |
| Net margin | 16.8% | 24.1% | 21.6% | 20.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 4.8 | 10.9 | 9.0 | 8.4 | 26.3 |
| Price to sales | 1.0 | 1.5 | 2.3 | 3.3 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 18 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 0.681 | 1.924 | 2.751 | 0.99 | 0.778 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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