BALANCE SHEET
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Total Assets |
2,657,151 |
3,483,555 |
3,886,687 |
5,152,642 |
5,182,731 |
5,399,045 |
5,324,260 |
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Equity |
698,628 |
804,830 |
858,666 |
937,100 |
1,001,296 |
1,349,022 |
1,364,571 |
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Gross Debt |
1,585,372 |
2,318,508 |
2,581,817 |
3,507,475 |
3,473,646 |
3,380,143 |
3,262,872 |
| Short Term |
587,581 |
491,036 |
370,819 |
566,049 |
662,169 |
697,911 |
597,389 |
| Long Term |
997,791 |
1,827,472 |
2,210,998 |
2,941,426 |
2,811,477 |
2,682,232 |
2,665,487 |
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Cashier |
505,084 |
737,820 |
482,020 |
619,247 |
724,846 |
896,968 |
758,737 |
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Net Debt |
1,080,228 |
1,580,688 |
2,099,797 |
2,888,228 |
2,748,800 |
2,483,175 |
2,504,139 |
INCOME STATEMENT
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Net Revenue |
1,694,800 |
2,087,850 |
2,620,081 |
3,456,636 |
3,874,770 |
966,625 |
1,006,926 |
| Gross Margin |
16.4% |
20.1% |
21.0% |
22.3% |
18.9% |
21.9% |
21.3% |
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Adjusted EBIT |
199,450 |
317,771 |
406,184 |
621,381 |
558,537 |
164,131 |
165,414 |
| Depreciation |
232,217 |
233,890 |
265,143 |
348,078 |
452,685 |
112,743 |
123,346 |
| Adjusted EBITDA |
431,667 |
551,661 |
671,327 |
969,459 |
1,011,222 |
276,874 |
288,760 |
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Net Profit |
81,800 |
151,895 |
88,453 |
124,796 |
119,348 |
45,081 |
41,436 |
| Net Margin |
4.8% |
7.3% |
3.4% |
3.6% |
3.1% |
4.7% |
4.1% |
CASH FLOW
| R$ thousand |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Capex |
432,449 |
901,090 |
986,026 |
1,050,651 |
806,978 |
261,616 |
271,398 |
FUNDAMENTALIST INDICATORS
| % |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| ROIC |
7.1% |
10.6% |
12.8% |
11.6% |
10.7% |
10.9% |
11.3% |
| ROE |
11.0% |
19.8% |
10.7% |
14.5% |
12.1% |
12.5% |
12.2% |
| R$ |
2020 |
2021 |
2022 |
2023 |
2024 |
1Q25 |
2Q25 |
| Earnings per share |
0.88 |
1.79 |
1.04 |
1.47 |
1.41 |
0.51 |
0.47 |
