Also trades as: VSSPY (OTC) · $vol 0M

R$17.85 ($3.41)

+0.60 (+3.48%)

Weekly Expected Move ±3.2%

R$16 R$17 R$17 R$18 R$19

SAO · Industrials · Specialty Business Services · Tech Score Sell · Power 39 · R$1.4B mcap · 75M float · 0.329% daily turnover

Revenue

$2.1B -5.0% ▼

5Y CAGR: +1.2%

Gross Profit

$695M -10.6% ▼

5Y CAGR: +15.2%

Operating Income

$302M -20.0% ▼

5Y CAGR: +47.6%

Net Income

$261M -31.4% ▼

EPS (Diluted)

$3.32 -30.3% ▼

EBITDA

$415M -32.7% ▼

5Y CAGR: +63.9%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.6B	$1.9B	$2.3B	$2.2B	$2.1B
YoY Growth	-16.6%	+16.3%	+20.0%	-3.7%	-5.0%
Cost of Revenue	$1.1B	$1.2B	$1.4B	$1.4B	$1.4B
Gross Profit	$491M	$670M	$823M	$777M	$695M
Gross Margin	30.4%	35.6%	36.5%	35.8%	33.7%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$263M	$292M	$360M	$385M	$371M
Operating Expenses	$281M	$310M	$374M	$385M	$393M
Operating Income	$210M	$360M	$440M	$377M	$302M
Operating Margin	13.0%	19.1%	19.5%	17.4%	14.6%
Interest Expense	$156M	$177M	$121M	$136M	$111M
Income Before Tax	$97M	$116M	$273M	$436M	$234M
Tax Expense	$10M	$19M	$63M	$56M	-$34M
Net Income	$60M	$24M	$213M	$381M	$261M
Net Margin	3.7%	1.3%	9.5%	17.5%	12.7%
EPS (Diluted)	$0.76	$0.31	$2.67	$4.76	$3.32
EBITDA	$406M	$417M	$515M	$616M	$415M
Shares Outstanding	78M	80M	80M	80M	79M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$580M	$589M	$501M	$490M	$540M	$531M	$447M	$506M
Cost of Revenue	$369M	$391M	$332M	$332M	$360M	$343M	$274M	$335M
Gross Profit	$210M	$198M	$168M	$158M	$180M	$188M	$173M	$171M
Gross Margin	36.3%	33.6%	33.6%	32.3%	33.3%	35.4%	38.7%	33.8%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$102M	$114M	$87M	$95M	$93M	$97M	$84M	$88M
Operating Expenses	$103M	$114M	$90M	$102M	$114M	$98M	$57M	$96M
Operating Income	$107M	$78M	$78M	$56M	$66M	$90M	$116M	$76M
Operating Margin	18.5%	13.2%	15.6%	11.4%	12.2%	17.0%	25.9%	14.9%
Interest Expense	$38M	$18M	$29M	$76M	$57M	$19M	$34M	$58M
Income Before Tax	$111M	$67M	$86M	$33M	$58M	$57M	$88M	$59M
Tax Expense	$19M	$5M	$13M	-$22M	$6M	-$31M	$32M	$21M
Net Income	$90M	$63M	$73M	$54M	$49M	$85M	$56M	$36M
Net Margin	15.6%	10.7%	14.7%	11.0%	9.1%	16.0%	12.5%	7.1%
EPS (Diluted)	$1.13	$0.79	$0.93	$0.69	$0.62	$1.08	$0.71	$0.46
EBITDA	$324M	$143M	$130M	$138M	$147M	$121M	$141M	$148M
Shares Outstanding	80M	80M	79M	79M	79M	78M	78M	78M

VLID3.SA SAO