Delayed
Sao Paulo
11:22:48 2025-02-10 am EST
|
5-day change
|
1st Jan Change
|
3.180 BRL
|
+1.60%
|
|
-6.45%
|
+10.38%
|
 Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
25,642
|
28,901
|
30,899
|
30,898
|
28,847
|
26,915
|
28,437
|
30,037
|
Change
|
-
|
12.71%
|
6.91%
|
-0%
|
-6.64%
|
-6.7%
|
5.65%
|
5.63%
|
EBITDA
1 |
1,736
|
2,300
|
2,471
|
2,660
|
1,240
|
1,834
|
2,424
|
2,682
|
Change
|
-
|
32.49%
|
7.43%
|
7.65%
|
-53.38%
|
47.9%
|
32.18%
|
10.65%
|
EBIT
1 |
349
|
1,619
|
-343
|
1,161
|
-1,160
|
552.8
|
1,188
|
1,598
|
Change
|
-
|
363.9%
|
-
|
-
|
-
|
-
|
114.98%
|
34.48%
|
Interest Paid
1 |
-681
|
-1,135
|
-1,221
|
-1,618
|
-3,041
|
-2,015
|
-2,542
|
-2,284
|
Earnings before Tax (EBT)
1 |
-2,048
|
923
|
-1,560
|
-1,083
|
-4,201
|
-1,410
|
-1,657
|
-1,040
|
Change
|
-
|
-
|
-
|
-30.58%
|
287.9%
|
66.43%
|
-17.49%
|
37.26%
|
Net income
1 |
-1,433
|
1,004
|
-297
|
-342
|
-2,625
|
-866.9
|
-947.5
|
-540.3
|
Change
|
-
|
-
|
-
|
15.15%
|
667.54%
|
66.97%
|
-9.3%
|
42.97%
|
Announcement Date
|
3/25/20
|
3/2/21
|
3/9/22
|
3/9/23
|
3/25/24
|
-
|
-
|
-
|
 Fiscal Period: December |
2019 Q4
|
2020 Q1
|
2020 Q2
|
2020 Q3
|
2020 Q4
|
2021 Q1
|
2021 Q2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
---|
Net sales
1 |
7,600
|
6,339
|
5,280
|
7,812
|
9,470
|
7,547
|
7,876
|
7,349
|
8,127
|
7,399
|
7,646
|
7,008
|
8,845
|
7,354
|
7,489
|
6,590
|
7,414
|
6,347
|
6,479
|
6,399
|
7,750
|
6,463
|
6,880
|
6,789
|
Change
|
-
|
-16.59%
|
-16.71%
|
47.95%
|
21.22%
|
-20.31%
|
4.36%
|
-6.69%
|
10.59%
|
-8.96%
|
3.34%
|
-8.34%
|
26.21%
|
-16.86%
|
1.84%
|
-12%
|
12.5%
|
-14.39%
|
2.08%
|
-1.23%
|
21.12%
|
-16.61%
|
6.45%
|
-1.32%
|
EBITDA
1 |
605
|
621
|
314
|
627
|
709
|
584
|
485
|
669
|
734
|
758
|
690
|
475
|
737
|
675
|
469
|
122
|
163
|
255
|
452
|
387
|
598
|
-
|
-
|
-
|
Change
|
-
|
2.64%
|
-49.44%
|
99.68%
|
13.08%
|
-17.63%
|
-16.95%
|
37.94%
|
9.72%
|
3.27%
|
-8.97%
|
-31.16%
|
55.16%
|
-8.41%
|
-30.52%
|
-73.99%
|
33.61%
|
56.44%
|
77.25%
|
-14.38%
|
54.52%
|
-100%
|
-
|
-
|
EBIT
1 |
337
|
-
|
305
|
440
|
92
|
337
|
156
|
-1,173
|
337
|
386
|
446
|
68
|
261
|
274
|
-42
|
-660
|
-732
|
-16
|
85
|
166
|
392.8
|
194.8
|
257.9
|
269.8
|
Change
|
-
|
-100%
|
-
|
44.26%
|
-79.09%
|
266.3%
|
-53.71%
|
-
|
-
|
14.54%
|
15.54%
|
-84.75%
|
283.82%
|
4.98%
|
-
|
1,471.43%
|
10.91%
|
-97.81%
|
-
|
95.29%
|
136.66%
|
-50.42%
|
32.39%
|
4.65%
|
Charge d'intérêts
1 |
-207
|
-318
|
-200
|
-237
|
-255
|
-284
|
-244
|
-
|
-
|
-428
|
-574
|
-601
|
-
|
-473
|
-800
|
-
|
-
|
-486
|
-42
|
-738
|
-760
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-1,239
|
19
|
105
|
780
|
21
|
-
|
-
|
-
|
-
|
-
|
-128
|
-
|
-
|
-
|
-842
|
-
|
-1,467
|
-502
|
43
|
-558
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
452.63%
|
642.86%
|
-97.31%
|
-100%
|
-
|
-
|
-
|
-
|
-
|
-100%
|
-
|
-
|
-
|
-100%
|
-
|
-65.78%
|
-
|
-
|
100%
|
-
|
-
|
-
|
Net income
1 |
-
|
13
|
65
|
590
|
336
|
180
|
132
|
-638
|
29
|
18
|
6
|
-203
|
-163
|
-297
|
-492
|
-836
|
-1,000
|
-261
|
37
|
-369
|
-339.5
|
-
|
-
|
-
|
Change
|
-
|
-
|
400%
|
807.69%
|
-43.05%
|
-46.43%
|
-26.67%
|
-
|
-
|
-37.93%
|
-66.67%
|
-
|
-19.7%
|
82.21%
|
65.66%
|
69.92%
|
19.62%
|
-73.9%
|
-
|
-
|
7.99%
|
100%
|
-
|
-
|
Announcement Date
|
3/25/20
|
5/13/20
|
8/12/20
|
11/12/20
|
3/2/21
|
5/12/21
|
8/11/21
|
11/10/21
|
3/9/22
|
5/9/22
|
8/11/22
|
11/10/22
|
3/9/23
|
5/4/23
|
8/10/23
|
11/8/23
|
3/25/24
|
5/8/24
|
8/7/24
|
11/14/24
|
-
|
-
|
-
|
-
|
 Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
9,635
|
10,559
|
13,747
|
13,521
|
11,634
|
6,435
|
4,774
|
5,486
|
Change
|
-
|
9.59%
|
30.19%
|
-1.64%
|
-13.96%
|
-44.69%
|
-25.81%
|
14.91%
|
Announcement Date
|
3/25/20
|
3/2/21
|
3/9/22
|
3/9/23
|
3/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
CAPEX
1 |
472
|
362
|
951
|
1,026
|
506
|
208
|
359
|
434
|
Change
|
-
|
-23.31%
|
162.71%
|
7.89%
|
-50.68%
|
-58.89%
|
72.6%
|
20.89%
|
Free Cash Flow (FCF)
1 |
-2,675
|
-4,583
|
206
|
2,053
|
3,518
|
390
|
1,756
|
1,784
|
Change
|
-
|
71.33%
|
-104.49%
|
896.6%
|
71.36%
|
-88.91%
|
350.26%
|
1.59%
|
Announcement Date
|
3/25/20
|
3/2/21
|
3/9/22
|
3/9/23
|
3/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Profitability
| | | | | | | | |
---|
EBITDA Margin (%)
|
6.77%
|
7.96%
|
8%
|
8.61%
|
4.3%
|
6.81%
|
8.52%
|
8.93%
|
EBIT Margin (%)
|
1.36%
|
5.6%
|
-1.11%
|
3.76%
|
-4.02%
|
2.05%
|
4.18%
|
5.32%
|
EBT Margin (%)
|
-7.99%
|
3.19%
|
-5.05%
|
-3.51%
|
-14.56%
|
-5.24%
|
-5.83%
|
-3.46%
|
Net margin (%)
|
-5.59%
|
3.47%
|
-0.96%
|
-1.11%
|
-9.1%
|
-3.22%
|
-3.33%
|
-1.8%
|
FCF margin (%)
|
-10.43%
|
-15.86%
|
0.67%
|
6.64%
|
12.2%
|
1.45%
|
6.18%
|
5.94%
|
FCF / Net Income (%)
|
186.67%
|
-456.47%
|
-69.36%
|
-600.29%
|
-134.02%
|
-44.99%
|
-185.32%
|
-330.16%
|
Profitability
| | | | | | | | |
---|
ROA
|
-1.95%
|
3.49%
|
1.57%
|
-0.96%
|
-
|
-
|
-
|
-
|
ROE
|
-37.17%
|
30.62%
|
-5.11%
|
-6.26%
|
-60.08%
|
-27.43%
|
-29.85%
|
-8.7%
|
Financial Health
| | | | | | | | |
---|
Leverage (Debt/EBITDA)
|
5.55x
|
4.59x
|
5.56x
|
5.08x
|
9.38x
|
3.51x
|
1.97x
|
2.05x
|
Debt / Free cash flow
|
-3.6x
|
-2.3x
|
66.73x
|
6.59x
|
3.31x
|
16.5x
|
2.72x
|
3.08x
|
Capital Intensity
| | | | | | | | |
---|
CAPEX / Current Assets (%)
|
1.84%
|
1.25%
|
3.08%
|
3.32%
|
1.75%
|
0.77%
|
1.26%
|
1.44%
|
CAPEX / EBITDA (%)
|
27.19%
|
15.74%
|
38.49%
|
38.57%
|
40.81%
|
11.34%
|
14.81%
|
16.18%
|
CAPEX / FCF (%)
|
-17.64%
|
-7.9%
|
461.65%
|
49.98%
|
14.38%
|
53.33%
|
20.44%
|
24.33%
|
Items per share
| | | | | | | | |
---|
Cash flow per share
1 |
-42.36
|
-70.25
|
17.52
|
48.71
|
55.32
|
-4.18
|
-2.25
|
-
|
Change
|
-
|
65.86%
|
-124.94%
|
178.02%
|
13.58%
|
-107.56%
|
-46.17%
|
-
|
Dividend per Share
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
1 |
11.15
|
93.58
|
88.25
|
83.58
|
36.41
|
26.92
|
16.62
|
11.22
|
Change
|
-
|
739.45%
|
-5.69%
|
-5.29%
|
-56.44%
|
-26.07%
|
-38.26%
|
-32.52%
|
EPS
1 |
-27.64
|
17.18
|
-4.648
|
-5.405
|
-36.09
|
-9.292
|
-12.55
|
-8.403
|
Change
|
-
|
-162.14%
|
-127.06%
|
16.28%
|
567.76%
|
-74.25%
|
35.08%
|
-33.05%
|
Nbr of stocks (in thousands)
|
51,974
|
63,882
|
63,925
|
63,217
|
94,363
|
95,071
|
95,071
|
95,071
|
Announcement Date
|
3/25/20
|
3/2/21
|
3/9/22
|
3/9/23
|
3/25/24
|
-
|
-
|
-
|
| 2024 * | 2025 * |
---|
P/E ratio |
-0.34x |
-0.25x |
---|
PBR |
0.12x |
0.19x |
---|
EV / Sales |
0.25x |
0.18x |
---|
Yield |
-
|
-
|
---|
Mean consensus UNDERPERFORM Last Close Price 3.130BRL Average target price 4.719BRL Spread / Average Target +50.76% Consensus
|