Investor Relations

Analyst Coverage

CONSENSUS

2024 2025
Net Revenue (R$ million) 8,662 9,490
Gross income (R$ million) 2,333 2,833
Gross Margin (%) 27% 30%
EBITDA (R$ million) 1,041 1,699
EBITDA Margin (%) 12% 18%
Net Income (R$ million) 251 918
Net Margin (%) 3% 10%
ROE (%) 4% 10%

ANALYSTS COVERAGE

INSTITUTION ANALYST TARGET PRICE RECOMENDATION
BB Banco de Investimento S.A. Felipe Mesquita 14.00 Buy
BofA Global Research Aline Caldeira 15.00 Buy
Bradesco BBI Bruno Mendonça 15.00 Buy
BTG Pactual Gustavo Cambauva 17.00 Buy
Citi André Mazini 8.00 Neutral
Itaú BBA Daniel Gasparete 10.00 Buy
JP Morgan Marcelo Motta 10.00 Neutral
Goldman Sachs Jorel Guilloty 11.00 Neutral
Morgan Stanley Alejandra Obregon 9.00 Neutral
Safra Luiz Pecanha 11.00 Buy
Santander Fanny Oreng 12.50 Buy
UBS Victor Tapia 8.00 Neutral
XP Ygor Altero 17.00 Buy