Valid Soluções S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 529.3 million compared to BRL 447.5 million a year ago. Net income was BRL 59.4 million compared to net loss of BRL 18.1 million a year ago.

Basic earnings per share was BRL 0.7 compared to basic loss per share of BRL 0.2 a year ago.