| BRL billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 192.0 | 224.8 | 210.7 | 228.4 | 263.8 | 270.6 | +2.6% | |
| Cash & short-term investments | 570.1 | 517.4 | 577.2 | 615.4 | 637.4 | 427.1 | −33.0% | |
| Receivables | 56.9 | 66.3 | 78.4 | 96.5 | 100.2 | 4.4 | −95.6% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 631.4 | 588.9 | 661.9 | 719.7 | 746.2 | 204.3 | −72.6% | |
| Property, plant & equipment | 11.8 | 12.0 | 11.6 | 12.5 | 13.3 | 12.6 | −4.8% | |
| Goodwill & intangibles | 17.3 | 21.1 | 23.1 | 23.4 | 24.0 | 24.1 | +0.4% | |
| Long-term investments | 1,281.5 | 1,375.6 | 1,551.8 | 1,711.5 | 1,992.0 | 2,092.7 | +5.1% | |
| Total assets | 2,019.3 | 2,069.2 | 2,321.1 | 2,543.1 | 2,854.5 | 3,076.5 | +7.8% | |
| Payables | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 387.6 | 378.9 | 451.6 | 549.8 | 624.0 | 585.8 | −6.1% | |
| Total current liabilities | 1,216.8 | 1,241.6 | 1,341.4 | 1,517.2 | 1,697.9 | 585.8 | −65.5% | |
| Long-term debt | 180.2 | 189.9 | 265.9 | 261.5 | 278.0 | 423.6 | +52.4% | |
| Total debt | 578.0 | 574.1 | 721.4 | 814.6 | 905.6 | 1,012.6 | +11.8% | |
| Net debt | 386.0 | 349.2 | 510.7 | 586.2 | 641.9 | 742.0 | +15.6% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 1,864.7 | 1,904.7 | 2,144.0 | 2,344.1 | 2,633.2 | 2,861.6 | +8.7% | |
| Total equity | 143.0 | 152.9 | 167.7 | 190.2 | 211.1 | 204.4 | −3.2% | |
| Retained earnings | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in BRL; the shares trade in USD.
