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Financial statements

Vinci Compass Investments Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Vinci Compass Investments 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

FY2018FY2020FY2020FY2021FY2022FY2023FY2024
Operating income81.4183216242179202189
Interest expense12.512.513.113.119.154.6112
Interest income8.7221.210.128.511212286.9
Pre-tax income77.7192213258272269162
Income tax2136.543.449.252.449.946
Net income to minority interests0.074.26-1.050-0.02-1.15-2.23
Net income56.6151170209219221118
EBITDA87.5189220246184212206
EPS, basic6.5217.4119.603.773.894.022.14
EPS, diluted6.5217.4119.603.773.843.852.08

Balance sheet

FY2018FY2020FY2020FY2021FY2022FY2023FY2024
Cash and equivalents11.73.983.4103137660223
Total current assets1571561,5271,4581,9562,061
Property, plant and equipment19.316.41514.31212.659.1
Lease right-of-use assets88.490.569.370.158.3102
Goodwill162555
Intangible assets3.832.721.441.161892151,058
Total assets3123291,6471,7672,3003,585
Total current liabilities103210164156235352
Lease liabilities85.286.463.262.148.486.2
Total liabilities1973092323919191,643
Retained earnings91.4070.281.311130.7
Shareholders' equity10819.21,4151,3731,3791,942
Minority interests6.580.020.043.011.86-0.37
Total equity68.111519.21,4151,3761,3811,942
Total liabilities and equity3123291,6471,7672,3003,585

Cash flow statement

FY2018FY2020FY2020FY2021FY2022FY2023FY2024
Net income56.7156169209219219116
Depreciation and amortization6.0764.643.924.9910.117.6
Cash from operations73.3132195289118129210
Capital expenditures-0.97-1.74-2.02-3.09-6.48-36.7-19.3
Cash from investing-17-39.875.3-1,320132223-232
Debt repaid-8.89-17.8
Share buybacks00-50.8-63.4-62.8-90.3
Dividends paid-45.9-76.2-176-256-211-190-203
Cash from financing-53.3-100-1941,048-216175-429
Exchange rate effect0.470.122.462.38-0.22-3.5114.6
Net change in cash3-7.9477.116.734.2527-452
Free cash flow72.313119328611192.5190
Income taxes paid-16.325.930.257.253.554.953.7

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

MetricValueHow it is calculated
Effective tax rate28.4%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)7.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)4.0%Net income / average total assets.
Return on invested capital (ROIC)11.1%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Operating income growth, 1y-6.6%Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y-8.0%Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y0.6%Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y-2.8%EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y-5.7%Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y1.7%Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y-46.4%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y-17.3%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y-4.8%Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y-46.0%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y-18.0%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y-34.6%Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y62.3%Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y-10.1%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, 5y9.7%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, 1y105.9%Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y-12.6%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, 5y7.8%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, 1y40.9%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y11.1%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y78.2%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y55.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y29.6%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y63.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio5.86xCurrent assets / current liabilities.
Quick ratio0.64x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.64x(Cash + short-term investments) / current liabilities.
Liabilities / assets45.8%Total liabilities / total assets.
Interest coverage1.68xOperating income / interest expense.
Working capitalR$1.71BCurrent assets - current liabilities.
Goodwill and intangibles / assets45.0%(Goodwill + intangible assets) / total assets.
Tangible book valueR$329.3MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
FCF conversion161.1%Free cash flow / net income, when net income is positive.
Capex / operating cash flow9.2%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, dilutedR$2.08Net 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, basicR$2.14Net income per basic share, as reported (split-adjusted).
Payout ratio171.9%Dividends paid / net income, when net income is positive.
Dividends / FCF106.7%Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF47.4%Share buybacks / free cash flow, when free cash flow is positive.
Was Vinci Compass Investments Ltd. profitable in fiscal 2024?

Yes. Net income was R$118.2M, a net margin of -.

How much free cash flow did Vinci Compass Investments Ltd. generate in fiscal 2024?

Cash from operations of R$209.8M minus capital expenditures of R$19.3M left free cash flow of R$190.5M.

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.

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