Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Nvni Group Ltd 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
FY2021
FY2023
FY2023
FY2024
Revenue
89.9
125
169
193
Cost of revenue
35.8
52.8
66.1
70.8
Gross profit
54
71.7
103
123
Research and development
0.05
0.01
Selling, general and administrative
56
53.3
93.2
57.7
General and administrative
1.76
1.77
7.46
17.5
Operating income
-31.4
-95.7
-189
16.5
Interest expense
43.1
33.6
62.3
Interest income
0.58
16.9
7.17
Pre-tax income
-73.9
-112
-244
-68.7
Income tax
3.84
1.78
3.56
9.5
Income from continuing operations
-77.7
114
248
78.2
Net income to minority interests
0.2
6.85
7.96
Net income
77.7
114
255
86.2
EPS, basic
-4.86
-6.48
-10.73
-2.58
EPS, diluted
-4.86
-6.48
-10.73
-2.58
Balance sheet
FY2021
FY2023
FY2023
FY2024
Cash and equivalents
10.9
8.02
11.4
18
Total current assets
20.3
62.2
68.3
Property, plant and equipment
2.93
3.99
4.48
Lease right-of-use assets
2.46
1.44
1.44
1.79
Goodwill
200
204
186
Intangible assets
139
137
134
Total assets
367
420
405
Short-term debt
1.14
4.96
Total current liabilities
332
371
417
Lease liabilities
0.61
0.78
1.12
Total liabilities
462
473
517
Retained earnings
-447
-530
Shareholders' equity
-98.8
-58
-120
Minority interests
3.85
4.33
8.87
Total equity
-36.8
-95
-53.6
-112
Total liabilities and equity
367
420
405
Cash flow statement
FY2021
FY2023
FY2023
FY2024
Net income
-77.7
-114
-248
-78.2
Cash from operations
-6.73
14.2
2.81
38.6
Capital expenditures
-1.09
-1.33
-3.57
-1.83
Cash from investing
-94.8
-4.32
-12.2
-16.1
Debt issued
73.7
8.75
18.6
9.06
Debt repaid
-11
-10.1
-9.45
-17.9
Stock issued
35.7
29.1
13.8
Cash from financing
111
-12.8
12.8
-15.9
Net change in cash
9.25
-2.89
3.38
6.64
Free cash flow
-7.81
12.9
-0.76
36.8
Income taxes paid
4.95
6.64
9.62
12.9
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Gross margin
63.4%
Gross profit / revenue.
Operating margin
8.5%
Operating income / revenue.
Pre-tax margin
-35.5%
Pre-tax income / revenue.
Net margin
44.6%
Net income / revenue.
FCF margin
19.0%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
20.0%
Cash from operations / revenue.
Return on assets (ROA)
20.9%
Net income / average total assets.
SG&A / revenue
29.9%
Selling, general and administrative expense / revenue.
Capex / revenue
0.9%
Capital expenditures / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
14.4%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
29.1%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
19.1%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
31.4%
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
-66.2%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
3.5%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
1,273.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-3.4%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.16x
Current assets / current liabilities.
Quick ratio
0.04x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.04x
(Cash + short-term investments) / current liabilities.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
4.7%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-R$2.58
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$2.58
Net income per basic share, as reported (split-adjusted).
What was Nvni Group Ltd's revenue in fiscal 2024?
Nvni Group Ltd reported revenue of R$193.3M for fiscal 2024, 14.4% higher than the year before.
Was Nvni Group Ltd profitable in fiscal 2024?
Yes. Net income was R$86.2M, a net margin of 44.6%.
How much free cash flow did Nvni Group Ltd generate in fiscal 2024?
Cash from operations of R$38.6M minus capital expenditures of R$1.8M left free cash flow of R$36.8M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.