Movida Participações S.A. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was BRL 2,686 million compared to BRL 2,779.7 million a year ago. Revenue was BRL 2,493.4 million compared to BRL 2,626.6 million a year ago.

Net loss was BRL 104.5 million compared to net income of BRL 17.8 million a year ago.