Stocks INTR Financial statements
Financial statementsInter & Co, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Inter & Co, Inc. files with the SEC in its annual reports.
In BRL millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
| FY2019 | FY2021 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|
| Revenue | 712 | 1,012 | 2,222 | 3,563 | 4,753 | 6,400 |
| Cost of revenue | 100 | 129 | 136 | 143 | ||
| Gross profit | 2,122 | 3,433 | 4,617 | 6,257 | ||
| General and administrative | 386 | 641 | 1,164 | 1,494 | 1,461 | 1,769 |
| Pre-tax income | 0.68 | -7.02 | -231 | -179 | 440 | 1,206 |
| Income tax | -29.7 | -37.7 | -176 | -164 | 87.6 | 233 |
| Net income to minority interests | 2.69 | 12.8 | 17.6 | -2.99 | 49.9 | 65.7 |
| Net income | 27.7 | 17.9 | -72.7 | -11.1 | 302 | 907 |
| EPS, basic | 0.00 | 0.00 | -0.01 | -0.03 | 0.75 | 2.08 |
| EPS, diluted | 0.00 | 0.00 | -0.01 | -0.03 | 0.75 | 2.07 |
Balance sheet
| FY2019 | FY2021 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|
| Cash and equivalents | 3,115 | 2,155 | 500 | 1,332 | 4,259 | 1,108 |
| Property, plant and equipment | 91.9 | 138 | 163 | 188 | 168 | 370 |
| Total assets | 19,922 | 36,626 | 46,343 | 60,352 | 76,458 | |
| Total liabilities | 16,597 | 28,177 | 39,254 | 52,755 | 67,386 | |
| Total debt | 27.4 | 25.1 | 36.4 | 107 | 129 | |
| Shareholders' equity | 3,276 | 2,656 | 6,992 | 7,472 | 8,895 | |
| Minority interests | 48.6 | 5,794 | 96.7 | 125 | 177 | |
| Total equity | 2,162 | 3,324 | 8,450 | 7,089 | 7,597 | 9,072 |
| Total liabilities and equity | 19,922 | 36,626 | 46,343 | 60,352 | 76,458 |
Cash flow statement
| FY2019 | FY2021 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|
| Net income | 30.4 | 30.7 | -55.1 | -14.1 | 352 | 973 |
| Depreciation and amortization | 17.5 | 43.7 | 94.3 | 164 | 160 | 209 |
| Cash from operations | 792 | 2,981 | 91.6 | 2,103 | 7,544 | 3,759 |
| Capital expenditures | -11.4 | -17.3 | -32.2 | -27.7 | -17.9 | -82 |
| Cash from investing | -446 | -5,049 | -7,176 | -50.8 | -4,666 | -7,728 |
| Stock issued | 1,220 | 1,149 | 0 | 0 | ||
| Share buybacks | -153 | -29.3 | 0 | -16.4 | -19 | |
| Dividends paid | -43.6 | -37.9 | -19.7 | -75.9 | -23.6 | -82.1 |
| Cash from financing | 1,222 | 1,107 | 5,430 | -1,221 | -38.7 | 683 |
| Exchange rate effect | 0.4 | 1.01 | -0.03 | -0.22 | 88.7 | 134 |
| Free cash flow | 780 | 2,964 | 59.4 | 2,076 | 7,526 | 3,677 |
| Income taxes paid | 5.63 | -14.2 | 49 | 138 | 263 | 442 |
Key metrics
Profitability
| Metric | Value | How it is calculated |
|---|---|---|
| Gross margin | 97.8% | Gross profit / revenue. |
| Pre-tax margin | 18.8% | Pre-tax income / revenue. |
| Net margin | 14.2% | Net income / revenue. |
| FCF margin | 57.5% | Free cash flow (cash from operations - capital expenditures) / revenue. |
| Operating cash flow margin | 58.7% | Cash from operations / revenue. |
| Effective tax rate | 19.3% | Income tax / pre-tax income, when pre-tax income is positive. |
| Return on equity (ROE) | 11.1% | Net income / average shareholders' equity (opening and closing). Not shown when equity is negative. |
| Return on assets (ROA) | 1.3% | Net income / average total assets. |
| Capex / revenue | 1.3% | Capital expenditures / revenue. |
| D&A / revenue | 3.3% | Depreciation and amortization / revenue. |
Growth
| Metric | Value | How it is calculated |
|---|---|---|
| Revenue growth, 1y | 34.7% | Revenue vs the same period a year earlier. Only from a positive base. |
| Revenue CAGR, 3y | 42.3% | Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Revenue CAGR, 5y | 55.1% | Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Gross profit growth, 1y | 35.5% | Gross profit vs the same period a year earlier. Only from a positive base. |
| Gross profit CAGR, 3y | 43.4% | Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Net income growth, 1y | 200.0% | Net income vs the same period a year earlier. Only from a positive base. |
| Net income CAGR, 5y | 101.0% | Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| EPS growth, 1y | 176.0% | EPS vs the same period a year earlier. Only from a positive base. |
| EPS CAGR, 5y | 258.4% | Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Operating cash flow growth, 1y | -50.2% | Operating cash flow vs the same period a year earlier. Only from a positive base. |
| Operating cash flow CAGR, 3y | 244.9% | Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow CAGR, 5y | 36.6% | Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Free cash flow growth, 1y | -51.1% | Free cash flow vs the same period a year earlier. Only from a positive base. |
| Free cash flow CAGR, 3y | 295.6% | Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Free cash flow CAGR, 5y | 36.4% | Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Book value growth, 1y | 19.0% | Book value vs the same period a year earlier. Only from a positive base. |
| Book value CAGR, 3y | 49.6% | Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Total assets growth, 1y | 26.7% | Total assets vs the same period a year earlier. Only from a positive base. |
| Total assets CAGR, 3y | 27.8% | Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
Balance sheet health
| Metric | Value | How it is calculated |
|---|---|---|
| Debt / equity | 0.01x | Total debt / shareholders' equity. Not shown when equity is negative. |
| Debt / assets | 0.2% | Total debt / total assets. |
| Liabilities / assets | 88.1% | Total liabilities / total assets. |
| Net debt | -R$979.5M | Total debt - cash - short-term investments. Negative means more cash than debt. |
| Tangible book value | R$8.90B | Shareholders' equity - goodwill - intangible assets. |
Efficiency
| Metric | Value | How it is calculated |
|---|---|---|
| Asset turnover | 0.09x | Revenue / average total assets. |
| Fixed asset turnover | 23.8x | Revenue / average property, plant and equipment. |
| FCF conversion | 405.4% | Free cash flow / net income, when net income is positive. |
| Capex / operating cash flow | 2.2% | Capital expenditures / cash from operations, when that is positive. |
Per share
| Metric | Value | How it is calculated |
|---|---|---|
| EPS, diluted | R$2.07 | Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS. |
| EPS, basic | R$2.08 | Net income per basic share, as reported (split-adjusted). |
| Payout ratio | 9.0% | Dividends paid / net income, when net income is positive. |
| Dividends / FCF | 2.2% | Dividends paid / free cash flow, when free cash flow is positive. |
| Buybacks / FCF | 0.5% | Share buybacks / free cash flow, when free cash flow is positive. |
What was Inter & Co, Inc.'s revenue in fiscal 2024?
Inter & Co, Inc. reported revenue of R$6.40B for fiscal 2024, 34.7% higher than the year before.
Was Inter & Co, Inc. profitable in fiscal 2024?
Yes. Net income was R$907.1M, a net margin of 14.2%.
How much free cash flow did Inter & Co, Inc. generate in fiscal 2024?
Cash from operations of R$3.76B minus capital expenditures of R$82.0M left free cash flow of R$3.68B.