This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsClearSale（CLSA3）株式概要ClearSale S.A.は、その子会社を通じて、ブラジル国内および国際的な不正行為の防止と管理のための取引分析ソリューションとサービスを提供している。 詳細CLSA3 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性6/6配当金0/6リスク分析過去5年間で収益は年間16.9%減少しました。 すべてのリスクチェックを見るCLSA3 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueR$Current PriceR$10.51119.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-75m740m2016201920222025202620282031Revenue R$739.9mEarnings R$89.2mAdvancedSet Fair ValueView all narrativesFeatured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8570.1% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.3kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative78users have followed this narrativeRead narrativeClearSale S.A. 競合他社TOTVSSymbol: BOVESPA:TOTS3Market cap: R$20.4bLocaweb Serviços de InternetSymbol: BOVESPA:LWSA3Market cap: R$2.2bNeogrid ParticipaçõesSymbol: BOVESPA:NGRD3Market cap: R$297.7mXperiSymbol: NYSE:XPERMarket cap: US$387.6m価格と性能株価の高値、安値、推移の概要ClearSale過去の株価現在の株価R$10.5152週高値R$10.5652週安値R$5.04ベータ0.461ヶ月の変化1.25%3ヶ月変化7.24%1年変化104.87%3年間の変化73.15%5年間の変化n/aIPOからの変化-63.12%最新ニュースお知らせ • Apr 03+ 1 more updateSerasa S.A. completed the acquisition of ClearSale S.A. (BOVESPA:CLSA3) from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders.Serasa S.A. executed the Merger Agreement to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders on October 3, 2024. As part of consideration, a price per share of BRL 10.56 is paid towards common equity of ClearSale S.A. The cost to Serasa Experian, net of cash and other closing conditions, amounts to a total of up to BRL 1.905 million ($350 million). Under the terms of the agreement, ClearSale's shareholders will be presented with the option to choose between a cash-based offer or a combination of cash and Experian Brazilian Depositary Receipts (BDRs). Serasa Experian will establish a Level I Brazilian Depositary Receipts (BDR) programme prior to completion of the transaction in order to facilitate the issuance of the BDRs to those ClearSale shareholders who elect to receive Experian BDRs, bank-issued certificates representing shares in Experian on a one-for-one basis for trade on the Brazilian stock exchange. Clear Sale and Serasa agreed to implement a business combination of Clear Sale and Serasa by means of the stock-for-stock merger of all of Clear Sale’s shares into Serasa, which will result in: (i) each of Clear Sale’s shares being exchanged for one new mandatorily redeemable preferred share of Serasa, with no par value (“Serasa Redeemable Shares”), according to the alternative chosen by each shareholder for each of its Clear Sale’s shares, as provided in the Merger Agreement; (ii) Clear Sale becoming a wholly owned subsidiary of Serasa, and (iii) the the compulsory and automatic redemption of all Serasa Redeemable Shares, with the consequent and immediate cancellation of all Serasa Redeemable Shares. The Controlling Shareholders holds 131,839,195 common shares of Clear Sale, representing 70,15% of the total issued and outstanding common shares of ClearSale. In the event of termination of the Merger Agreement, Serasa shall be subject to a non-compensatory penalty in an amount corresponding to BRL 100 million to be paid in favor of Clear Sale and the breaching Controlling Shareholders shall be subject, to a non compensatory penalty in an amount corresponding to BRL100 million to be paid in favor of Serasa. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to Experian plc's existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform. The deal is to be funded from a combination of Experian's existing cash resources and by the issuance of Brazilian Depositary Receipts. The acquisition is subject to certain conditions including Company Corporate Approval and Serasa Corporate Approval, the Voting Shareholders approval, regulatory review by the Brazilian Administrative Council for Economic Defense (CADE) and, if approved, will result in the security company being delisted from the stock exchange. The transaction is expected to conclude in the first half of calendar year 2025. In the first full fiscal year of ownership, Experian plc expect the acquisition to add revenues for ongoing activities of BRL 490 million and Benchmark EBITDA of BRL 130 million. The company's founder, Pedro Chiamulera, who holds 35% of the shares, signed a five-year non-compete agreement worth BRL 100 million and in addition, provide consulting services for the integration of operations with Serasa Experian. Btg Pactual Investment Banking Ltda. and Banco Itaú BBA S.A. acted as financial advisor and Fabiano Milani and Luciana Stracieri of Stocche, Forbes, Padis, Filizzola, Clapis Advogados acted as legal advisor to ClearSale. Iain Fenn and Rupert Cheyne of Linklaters LLP acted as legal advisor to Experian PLC. Sérgio Machado, Leonardo Batista and João Pedro Pizarro of Lefosse Advogados acted as legal advisor to Serasa S.A. Serasa S.A. completed the acquisition of ClearSale S.A. (BOVESPA:CLSA3) from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders on April 1, 2025. All conditions have been satisfied.お知らせ • Apr 02ClearSale S.A.(BOVESPA:CLSA3) dropped from Brazil Small Cap IndexClearSale S.A. has been dropped from the Brazil Small Cap Index.Reported Earnings • Mar 25Full year 2024 earnings released: R$0.15 loss per share (vs R$0.15 loss in FY 2023)Full year 2024 results: R$0.15 loss per share (further deteriorated from R$0.15 loss in FY 2023). Revenue: R$474.6m (down 5.9% from FY 2023). Net loss: R$28.6m (loss widened 2.2% from FY 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 15ClearSale S.A. to Report Q4, 2024 Results on Mar 25, 2025ClearSale S.A. announced that they will report Q4, 2024 results on Mar 25, 2025Reported Earnings • Nov 12Third quarter 2024 earnings released: R$0.054 loss per share (vs R$0.074 loss in 3Q 2023)Third quarter 2024 results: R$0.054 loss per share (improved from R$0.074 loss in 3Q 2023). Revenue: R$114.4m (down 4.1% from 3Q 2023). Net loss: R$10.3m (loss narrowed 26% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Oct 06Experian plc (LSE:EXPN) agreed to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion.Experian plc (LSE:EXPN) agreed to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion on October 4, 2024. As part of consideration, a price per share of BRL 10.56 is paid towards common equity of ClearSale S.A. The cost to Experian, net of cash and other closing conditions, amounts to a total of up to BRL 1.905 million ($350 million). Under the terms of the agreement, ClearSale's shareholders will be presented with the option to choose between a cash-based offer or a combination of cash and Experian Brazilian Depositary Receipts (BDRs). Experian will establish a Level I Brazilian Depositary Receipts (BDR) programme prior to completion of the transaction in order to facilitate the issuance of the BDRs to those ClearSale shareholders who elect to receive Experian BDRs, bank-issued certificates representing shares in Experian on a one-for-one basis for trade on the Brazilian stock exchange. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to Experian plc's existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform. The deal is to be funded from a combination of Experian's existing cash resources and by the issuance of Brazilian Depositary Receipts. The acquisition is subject to certain conditions including regulatory review by the Brazilian Administrative Council for Economic Defense (CADE) and anticipate will conclude in the first half of calendar year 2025. In the first full fiscal year of ownership, Experian plc expect the acquisition to add revenues for ongoing activities of BRL 490 million and Benchmark EBITDA of BRL 130 million.最新情報をもっと見るRecent updatesお知らせ • Apr 03+ 1 more updateSerasa S.A. completed the acquisition of ClearSale S.A. (BOVESPA:CLSA3) from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders.Serasa S.A. executed the Merger Agreement to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders on October 3, 2024. As part of consideration, a price per share of BRL 10.56 is paid towards common equity of ClearSale S.A. The cost to Serasa Experian, net of cash and other closing conditions, amounts to a total of up to BRL 1.905 million ($350 million). Under the terms of the agreement, ClearSale's shareholders will be presented with the option to choose between a cash-based offer or a combination of cash and Experian Brazilian Depositary Receipts (BDRs). Serasa Experian will establish a Level I Brazilian Depositary Receipts (BDR) programme prior to completion of the transaction in order to facilitate the issuance of the BDRs to those ClearSale shareholders who elect to receive Experian BDRs, bank-issued certificates representing shares in Experian on a one-for-one basis for trade on the Brazilian stock exchange. Clear Sale and Serasa agreed to implement a business combination of Clear Sale and Serasa by means of the stock-for-stock merger of all of Clear Sale’s shares into Serasa, which will result in: (i) each of Clear Sale’s shares being exchanged for one new mandatorily redeemable preferred share of Serasa, with no par value (“Serasa Redeemable Shares”), according to the alternative chosen by each shareholder for each of its Clear Sale’s shares, as provided in the Merger Agreement; (ii) Clear Sale becoming a wholly owned subsidiary of Serasa, and (iii) the the compulsory and automatic redemption of all Serasa Redeemable Shares, with the consequent and immediate cancellation of all Serasa Redeemable Shares. The Controlling Shareholders holds 131,839,195 common shares of Clear Sale, representing 70,15% of the total issued and outstanding common shares of ClearSale. In the event of termination of the Merger Agreement, Serasa shall be subject to a non-compensatory penalty in an amount corresponding to BRL 100 million to be paid in favor of Clear Sale and the breaching Controlling Shareholders shall be subject, to a non compensatory penalty in an amount corresponding to BRL100 million to be paid in favor of Serasa. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to Experian plc's existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform. The deal is to be funded from a combination of Experian's existing cash resources and by the issuance of Brazilian Depositary Receipts. The acquisition is subject to certain conditions including Company Corporate Approval and Serasa Corporate Approval, the Voting Shareholders approval, regulatory review by the Brazilian Administrative Council for Economic Defense (CADE) and, if approved, will result in the security company being delisted from the stock exchange. The transaction is expected to conclude in the first half of calendar year 2025. In the first full fiscal year of ownership, Experian plc expect the acquisition to add revenues for ongoing activities of BRL 490 million and Benchmark EBITDA of BRL 130 million. The company's founder, Pedro Chiamulera, who holds 35% of the shares, signed a five-year non-compete agreement worth BRL 100 million and in addition, provide consulting services for the integration of operations with Serasa Experian. Btg Pactual Investment Banking Ltda. and Banco Itaú BBA S.A. acted as financial advisor and Fabiano Milani and Luciana Stracieri of Stocche, Forbes, Padis, Filizzola, Clapis Advogados acted as legal advisor to ClearSale. Iain Fenn and Rupert Cheyne of Linklaters LLP acted as legal advisor to Experian PLC. Sérgio Machado, Leonardo Batista and João Pedro Pizarro of Lefosse Advogados acted as legal advisor to Serasa S.A. Serasa S.A. completed the acquisition of ClearSale S.A. (BOVESPA:CLSA3) from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders on April 1, 2025. All conditions have been satisfied.お知らせ • Apr 02ClearSale S.A.(BOVESPA:CLSA3) dropped from Brazil Small Cap IndexClearSale S.A. has been dropped from the Brazil Small Cap Index.Reported Earnings • Mar 25Full year 2024 earnings released: R$0.15 loss per share (vs R$0.15 loss in FY 2023)Full year 2024 results: R$0.15 loss per share (further deteriorated from R$0.15 loss in FY 2023). Revenue: R$474.6m (down 5.9% from FY 2023). Net loss: R$28.6m (loss widened 2.2% from FY 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 15ClearSale S.A. to Report Q4, 2024 Results on Mar 25, 2025ClearSale S.A. announced that they will report Q4, 2024 results on Mar 25, 2025Reported Earnings • Nov 12Third quarter 2024 earnings released: R$0.054 loss per share (vs R$0.074 loss in 3Q 2023)Third quarter 2024 results: R$0.054 loss per share (improved from R$0.074 loss in 3Q 2023). Revenue: R$114.4m (down 4.1% from 3Q 2023). Net loss: R$10.3m (loss narrowed 26% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Oct 06Experian plc (LSE:EXPN) agreed to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion.Experian plc (LSE:EXPN) agreed to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion on October 4, 2024. As part of consideration, a price per share of BRL 10.56 is paid towards common equity of ClearSale S.A. The cost to Experian, net of cash and other closing conditions, amounts to a total of up to BRL 1.905 million ($350 million). Under the terms of the agreement, ClearSale's shareholders will be presented with the option to choose between a cash-based offer or a combination of cash and Experian Brazilian Depositary Receipts (BDRs). Experian will establish a Level I Brazilian Depositary Receipts (BDR) programme prior to completion of the transaction in order to facilitate the issuance of the BDRs to those ClearSale shareholders who elect to receive Experian BDRs, bank-issued certificates representing shares in Experian on a one-for-one basis for trade on the Brazilian stock exchange. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to Experian plc's existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform. The deal is to be funded from a combination of Experian's existing cash resources and by the issuance of Brazilian Depositary Receipts. The acquisition is subject to certain conditions including regulatory review by the Brazilian Administrative Council for Economic Defense (CADE) and anticipate will conclude in the first half of calendar year 2025. In the first full fiscal year of ownership, Experian plc expect the acquisition to add revenues for ongoing activities of BRL 490 million and Benchmark EBITDA of BRL 130 million.お知らせ • Sep 20ClearSale Announces Executive AppointmentsClearSale has announced Sarah Zilenovski as Chief Marketing Officer (CMO), Rodrigo Sanchez as Chief Sales Officer (CSO) and Leandro Bartolassi as Chief Operation Officer (COO). Bolstering its leadership structure and solidifying its market position, the promotion of these executives builds on the company's impressive trajectory this year. Sarah Zilenovski, who joined ClearSale in 2012 as a sales manager, has played a key role in developing global marketing strategies and contributing to the company’s international expansion. As CMO, she will lead product and institutional marketing teams and drive the public company’s growth objectives. Bringing over 15 years of industry experience, the last 4 spent with ClearSale, Rodrigo Sanchez will build on his role by shaping the company's sales strategies. In his new position, he will guide ClearSale toward a more agile structure designed to scale the brand through partnerships and alliances. Leandro Bartolassi will oversee the application fraud unit to drive the evolution of the company’s products and spearhead the launch of new solutions. His deep knowledge of fraud prevention in banks, fintechs and retail companies will serve as a foundation as he focuses on expanding into different markets.Reported Earnings • Aug 14Second quarter 2024 earnings released: R$0.057 loss per share (vs R$0.01 loss in 2Q 2023)Second quarter 2024 results: R$0.057 loss per share (further deteriorated from R$0.01 loss in 2Q 2023). Revenue: R$118.9m (down 6.1% from 2Q 2023). Net loss: R$10.8m (loss widened 476% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.お知らせ • Aug 14ClearSale Unveils Retail Fraud Prevention Tools in New Product PortfolioClearSale has announced a new portfolio of fraud prevention tools designed to meet the evolving needs of today's digital retail landscape. The newly launched suite, dubbed "Preventative Intel," introduces three powerful solutions: Instant Decision, Automatic Decision, and Complete Decision. These tools are available now, offering a comprehensive approach to fraud management that helps brands prevent, combat, and protect against fraudulent activities in an increasingly complex market. Developed to protect businesses from advancing fraud risks, ClearSale's new security tools integrate artificial intelligence with the world's largest in-house team to provide three tiers of decision-making, ranging from instant notifications to comprehensive analysis. These different levels strike a perfect balance between fast decision making and quality risk prevention. The new product portfolio includes: Instant Decision: Created for retailers selling digital goods, Instant Decision is a 100% outsourced solution that delivers decisions in real-time. With three layers of protection - AI model, fraud rules and ClearSale's global database - ecommerce businesses will know instantly if a fraud attempt has been made. Automatic Decision: Leveraging four layers of protections - enhanced AI models, fraud rules, ClearSale's global fraud database and external sources - Automatic Decisions identifies fraud in under one minute while still ensuring decisions and notifications are delivered with high accuracy. This completely outsourced solution is great for businesses selling physical goods with delivery or pickup an hour after purchase. Complete Decision: Complete Decision auto-approves valid orders, blocks fraud, and flags suspicious orders for analysis. Combining enhanced AI models, fraud rules and ClearSales's global fraud database, external sources and secondary review, this five-layer solution ensures the highest decision accuracy in fraud prevention and is great for merchants selling high-value goods that can be picked up or delivered 24 hours after purchase. These new solutions come at a time when recent data shows that consumers have growing concerns for protected online experiences, with 84% of consumers saying that an online store that doesn't protect them from fraud will lose their business. At the same time, it's a fine line for retailers to walk, wanting to meet positive experiences with security. While some businesses might want to prioritize a faster decision for better customer experiences, others, especially those with high-value transactions, might prefer a slower decision time with increased security. The new product portfolio allows ClearSale to meet ecommerces with solutions that match their needs.分析記事 • Jul 16Is ClearSale (BVMF:CLSA3) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Reported Earnings • May 15First quarter 2024 earnings released: R$0.046 loss per share (vs R$0.093 loss in 1Q 2023)First quarter 2024 results: R$0.046 loss per share (improved from R$0.093 loss in 1Q 2023). Revenue: R$111.6m (down 10% from 1Q 2023). Net loss: R$8.68m (loss narrowed 50% from 1Q 2023).New Risk • Apr 08New major risk - Revenue and earnings growthEarnings have declined by 33% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 33% per year over the past 5 years.分析記事 • Apr 02ClearSale S.A. (BVMF:CLSA3) Surges 46% Yet Its Low P/S Is No Reason For ExcitementThe ClearSale S.A. ( BVMF:CLSA3 ) share price has done very well over the last month, posting an excellent gain of 46...Reported Earnings • Mar 27Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: R$0.15 loss per share (improved from R$0.20 loss in FY 2022). Revenue: R$504.1m (down 1.1% from FY 2022). Net loss: R$28.0m (loss narrowed 24% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 40%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry.分析記事 • Mar 24Is ClearSale (BVMF:CLSA3) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 17ClearSale S.A. (BVMF:CLSA3) Surges 28% Yet Its Low P/S Is No Reason For ExcitementThose holding ClearSale S.A. ( BVMF:CLSA3 ) shares would be relieved that the share price has rebounded 28% in the last...New Risk • Feb 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Brazilian stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.分析記事 • Jan 03Take Care Before Diving Into The Deep End On ClearSale S.A. (BVMF:CLSA3)You may think that with a price-to-sales (or "P/S") ratio of 1.3x ClearSale S.A. ( BVMF:CLSA3 ) is a stock worth...お知らせ • Dec 29ClearSale S.A.(BOVESPA:CLSA3) dropped from Brazil Small Cap IndexClearSale S.A. has been dropped from Brazil Small Cap IndexReported Earnings • Nov 17Third quarter 2023 earnings released: R$0.073 loss per share (vs R$0.014 profit in 3Q 2022)Third quarter 2023 results: R$0.073 loss per share (down from R$0.014 profit in 3Q 2022). Revenue: R$119.3m (down 8.4% from 3Q 2022). Net loss: R$13.9m (down R$16.5m from profit in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.分析記事 • Sep 29Time To Worry? Analysts Just Downgraded Their ClearSale S.A. (BVMF:CLSA3) OutlookToday is shaping up negative for ClearSale S.A. ( BVMF:CLSA3 ) shareholders, with the analysts delivering a substantial...Reported Earnings • Aug 17Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: R$126.6m (up 2.8% from 2Q 2022). Net loss: R$1.87m (loss narrowed 66% from 2Q 2022). Revenue missed analyst estimates by 2.7%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry.お知らせ • Aug 02ClearSale Launches Brand Protection to Stop Phishing, Fake Accounts, and Counterfeit ProductsClearSale announced the launch of its new Brand Protection platform. Brand Protection by ClearSale uses AI and digital intelligence to continuously scan for and report brand impersonation attacks such as fake social profiles, ads, and websites; counterfeit products; and phishing attacks. Impersonation scams have created losses of more than $6 billion over the past five years, and in early 2022, 15% of all phishing emails impersonated brands, according to Abnormal Security. Because it’s so easy for scammers to create fake accounts on social, email, and marketplace platforms, impersonation is a vast and unending challenge for many high-profile retailers and brands. Brand impersonation attacks that go unchecked can damage a company’s reputation among good customers and drive customer churn. For example, phishing attacks that impersonate brands to steal customers’ credentials can lead to account takeover and CNP fraud against retailers. In ClearSale’s 2022 State of Consumer Attitudes on Ecommerce, Fraud & CX international survey, 83% of online consumers said they would boycott an ecommerce site after a fraud experience there. Such fraud attacks can also result in costly, reputation-damaging fines for noncompliance with data privacy regulations.Brand Protection by ClearSale scans the web and social media using brands’ names, logos, products, and other data to identify impostor websites and URLs, apps, social media profiles and pages, digital ads, marketplace profiles, and fake products. One retailer using the brand protection platform was able to detect more than 2,200 impostor social media profiles and had 99.9% of them taken down within 24 hours. Brand Protection by ClearSale sets itself apart from other brand impersonation solutions with its plug-and-play platform, unlimited user access, personalized in-platform support, and transparent pricing based on digital brand exposure, making it a solution of choice for both security and ecommerce teams.New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Brazilian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Price Target Changed • Jun 22Price target increased by 7.3% to R$16.25Up from R$15.15, the current price target is an average from 4 analysts. New target price is 124% above last closing price of R$7.27. Stock is up 74% over the past year. The company is forecast to post earnings per share of R$0.08 next year compared to a net loss per share of R$0.20 last year.お知らせ • May 18ClearSale Names Eduardo Mônaco as New CEOClearSale has just announced its placement of a new CEO. Eduardo Mônaco, previously in the position of President-Director, will replace Bernardo Lustosa, who held the CEO position for the past five years. The change comes as part of a planned succession process, marking an evolutionary stage of development for the company. Lustosa will continue his involvement with ClearSale as shareholder and advisor. After nearly four years leading the company as COO with a focus on the Analytics IT, Products, Open Innovation, Customer Success, and Data teams, Mônaco assumed the position of President-Director at the end of last year. He boasts a strong track record, having spearheaded many successful strategic projects and operational development. Mônaco began his career at some of the Brazilian retailers and ecommerce companies, structuring departments and heading up projects that delivered operational excellence and elevated customer experiences. In this new role, he will lead the next stage of ClearSale’s evolution with a focus on nurturing innovation, risk mapping, and leveraging opportunities. Elected as one of Brazil's top 100 super CEOs, Bernardo Lustosa started as a partner at ClearSale in 2008 and assumed the CEO position in 2018. Lustosa's leadership brought about a leap in capacity, organization, and scalability. In 2021, Lustosa contributed to the successful IPO of ClearSale on B3. With the transition between executives, Lustosa now holds the position of shareholder and advisor.Price Target Changed • May 17Price target increased by 20% to R$18.53Up from R$15.50, the current price target is an average from 3 analysts. New target price is 211% above last closing price of R$5.95. Stock is up 45% over the past year. The company is forecast to post earnings per share of R$0.21 next year compared to a net loss per share of R$0.20 last year.Reported Earnings • May 17First quarter 2023 earnings released: R$0.093 loss per share (vs R$0.22 loss in 1Q 2022)First quarter 2023 results: R$0.093 loss per share (improved from R$0.22 loss in 1Q 2022). Revenue: R$124.6m (up 18% from 1Q 2022). Net loss: R$17.4m (loss narrowed 56% from 1Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry.Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: R$0.20 loss per share (improved from R$0.44 loss in FY 2021). Revenue: R$509.6m (up 11% from FY 2021). Net loss: R$37.1m (loss narrowed 50% from FY 2021). Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry.分析記事 • Dec 15ClearSale S.A. (BVMF:CLSA3) Analysts Just Slashed Next Year's Revenue Estimates By 15%The latest analyst coverage could presage a bad day for ClearSale S.A. ( BVMF:CLSA3 ), with the analysts making...Price Target Changed • Dec 13Price target decreased to R$15.50Down from R$21.00, the current price target is an average from 4 analysts. New target price is 199% above last closing price of R$5.18. Stock is down 33% over the past year. The company is forecast to post earnings per share of R$0.08 next year compared to a net loss per share of R$0.44 last year.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: R$0.014 (vs R$0.26 loss in 3Q 2021)Third quarter 2022 results: EPS: R$0.014 (up from R$0.26 loss in 3Q 2021). Revenue: R$130.2m (up 12% from 3Q 2021). Net income: R$2.56m (up R$47.8m from 3Q 2021). Profit margin: 2.0% (up from net loss in 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.Reported Earnings • Aug 17Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: R$0.03 loss per share (down from R$0.008 profit in 2Q 2021). Revenue: R$123.1m (up 9.7% from 2Q 2021). Net loss: R$5.55m (down R$6.84m from profit in 2Q 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 57%, compared to a 19% growth forecast for the Software industry in Brazil.Reported Earnings • May 19First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: R$0.21 loss per share (down from R$0.089 profit in 1Q 2021). Revenue: R$105.4m (up 7.6% from 1Q 2021). Net loss: R$39.3m (down 385% from profit in 1Q 2021). Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 52%, compared to a 20% growth forecast for the industry in Brazil.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Chairman & President Pedro Chiamulera was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Apr 07ClearSale Appoints Jeff Mayorga as Enterprise Account ExecutiveClearSale announced that seasoned technology and retail veteran Jeff Mayorga has joined the team as Enterprise Account Executive. Jeff will help to expand ClearSale’s footprint in the international market with enterprise ecommerce merchants and foster deeper client relationships as the company continues its growth trajectory since its successful IPO last summer. Jeff’s background in enterprise account management in technology is extensive. He spent nearly 10 years at Oracle NetSuite, seven of which were focused on the retail space. Jeff has also spent time supporting enterprise accounts at industry leaders like Salesforce, Marketo, and Signifyd. With a drive to help retailers fend off fraud and a curiosity that inspires his love of learning new technologies, Jeff joined ClearSale because of its position as a best-in-breed solution and its potential within the US and international markets.Reported Earnings • Mar 29Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: R$0.44 loss per share (down from R$0.20 profit in FY 2020). Revenue: R$457.5m (up 32% from FY 2020). Net loss: R$74.5m (down 345% from profit in FY 2020). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 37%, compared to a 47% growth forecast for the industry in Brazil.お知らせ • Jan 20ClearSale S.A. (BOVESPA:CLSA3) acquired Beta Learning Consultoria e Desenvolvimento de Software LTDA for $11.5 Million.ClearSale S.A. (BOVESPA:CLSA3) acquired Beta Learning Consultoria e Desenvolvimento de Software LTDA for $11.5 Million on January 19, 2022. ClearSale S.A. (BOVESPA:CLSA3) completed the acquisition of Beta Learning Consultoria e Desenvolvimento de Software LTDA on January 19, 2022.Reported Earnings • Nov 20Third quarter 2021 earnings released: R$0.29 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: R$116.2m (flat on 3Q 2020). Net loss: R$45.2m (flat on 3Q 2020).株主還元CLSA3BR SoftwareBR 市場7D0.5%3.2%-1.5%1Y104.9%-8.7%20.3%株主還元を見る業界別リターン: CLSA3過去 1 年間で-8.7 % の収益を上げたBR Software業界を上回りました。リターン対市場: CLSA3過去 1 年間で20.3 % の収益を上げたBR市場を上回りました。価格変動Is CLSA3's price volatile compared to industry and market?CLSA3 volatilityCLSA3 Average Weekly Movement0.6%Software Industry Average Movement7.8%Market Average Movement5.0%10% most volatile stocks in BR Market8.3%10% least volatile stocks in BR Market1.7%安定した株価: CLSA3 、 BR市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: CLSA3の 週次ボラティリティ は、過去 1 年間で8%から1%に減少しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト2000n/aEduardo Ferraz de Monacobr.clear.saleClearSale S.A.は、その子会社を通じて、ブラジルをはじめ世界各国で不正防止と管理のための取引分析ソリューションとサービスを提供している。同社は、カードを提示しない取引の認証、本人認証とデジタル・オンボーディング、消費者のデジタル行動に基づく信用リスク評価ソリューション、脅威インテリジェンス・サービスを提供している。電子商取引、金融市場、ダイレクト・セールス、電気通信、保険などの分野にサービスを提供している。クリアセール社は2000年に設立され、ブラジルのバルエリに本社を置いている。もっと見るClearSale S.A. 基礎のまとめClearSale の収益と売上を時価総額と比較するとどうか。CLSA3 基礎統計学時価総額R$1.98b収益（TTM）-R$28.61m売上高(TTM)R$474.58m4.2xP/Sレシオ-69.0xPER（株価収益率CLSA3 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CLSA3 損益計算書（TTM）収益R$474.58m売上原価R$312.47m売上総利益R$162.11mその他の費用R$190.72m収益-R$28.61m直近の収益報告Dec 31, 2024次回決算日該当なし一株当たり利益（EPS）-0.15グロス・マージン34.16%純利益率-6.03%有利子負債／自己資本比率0.2%CLSA3 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/04/03 20:00終値2025/04/01 00:00収益2024/12/31年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ClearSale S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Flavio YoshidaBofA Global ResearchEnrico TrottaItau BBA
Featured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8570.1% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.3kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative78users have followed this narrativeRead narrative
お知らせ • Apr 03+ 1 more updateSerasa S.A. completed the acquisition of ClearSale S.A. (BOVESPA:CLSA3) from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders.Serasa S.A. executed the Merger Agreement to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders on October 3, 2024. As part of consideration, a price per share of BRL 10.56 is paid towards common equity of ClearSale S.A. The cost to Serasa Experian, net of cash and other closing conditions, amounts to a total of up to BRL 1.905 million ($350 million). Under the terms of the agreement, ClearSale's shareholders will be presented with the option to choose between a cash-based offer or a combination of cash and Experian Brazilian Depositary Receipts (BDRs). Serasa Experian will establish a Level I Brazilian Depositary Receipts (BDR) programme prior to completion of the transaction in order to facilitate the issuance of the BDRs to those ClearSale shareholders who elect to receive Experian BDRs, bank-issued certificates representing shares in Experian on a one-for-one basis for trade on the Brazilian stock exchange. Clear Sale and Serasa agreed to implement a business combination of Clear Sale and Serasa by means of the stock-for-stock merger of all of Clear Sale’s shares into Serasa, which will result in: (i) each of Clear Sale’s shares being exchanged for one new mandatorily redeemable preferred share of Serasa, with no par value (“Serasa Redeemable Shares”), according to the alternative chosen by each shareholder for each of its Clear Sale’s shares, as provided in the Merger Agreement; (ii) Clear Sale becoming a wholly owned subsidiary of Serasa, and (iii) the the compulsory and automatic redemption of all Serasa Redeemable Shares, with the consequent and immediate cancellation of all Serasa Redeemable Shares. The Controlling Shareholders holds 131,839,195 common shares of Clear Sale, representing 70,15% of the total issued and outstanding common shares of ClearSale. In the event of termination of the Merger Agreement, Serasa shall be subject to a non-compensatory penalty in an amount corresponding to BRL 100 million to be paid in favor of Clear Sale and the breaching Controlling Shareholders shall be subject, to a non compensatory penalty in an amount corresponding to BRL100 million to be paid in favor of Serasa. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to Experian plc's existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform. The deal is to be funded from a combination of Experian's existing cash resources and by the issuance of Brazilian Depositary Receipts. The acquisition is subject to certain conditions including Company Corporate Approval and Serasa Corporate Approval, the Voting Shareholders approval, regulatory review by the Brazilian Administrative Council for Economic Defense (CADE) and, if approved, will result in the security company being delisted from the stock exchange. The transaction is expected to conclude in the first half of calendar year 2025. In the first full fiscal year of ownership, Experian plc expect the acquisition to add revenues for ongoing activities of BRL 490 million and Benchmark EBITDA of BRL 130 million. The company's founder, Pedro Chiamulera, who holds 35% of the shares, signed a five-year non-compete agreement worth BRL 100 million and in addition, provide consulting services for the integration of operations with Serasa Experian. Btg Pactual Investment Banking Ltda. and Banco Itaú BBA S.A. acted as financial advisor and Fabiano Milani and Luciana Stracieri of Stocche, Forbes, Padis, Filizzola, Clapis Advogados acted as legal advisor to ClearSale. Iain Fenn and Rupert Cheyne of Linklaters LLP acted as legal advisor to Experian PLC. Sérgio Machado, Leonardo Batista and João Pedro Pizarro of Lefosse Advogados acted as legal advisor to Serasa S.A. Serasa S.A. completed the acquisition of ClearSale S.A. (BOVESPA:CLSA3) from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders on April 1, 2025. All conditions have been satisfied.
お知らせ • Apr 02ClearSale S.A.(BOVESPA:CLSA3) dropped from Brazil Small Cap IndexClearSale S.A. has been dropped from the Brazil Small Cap Index.
Reported Earnings • Mar 25Full year 2024 earnings released: R$0.15 loss per share (vs R$0.15 loss in FY 2023)Full year 2024 results: R$0.15 loss per share (further deteriorated from R$0.15 loss in FY 2023). Revenue: R$474.6m (down 5.9% from FY 2023). Net loss: R$28.6m (loss widened 2.2% from FY 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 15ClearSale S.A. to Report Q4, 2024 Results on Mar 25, 2025ClearSale S.A. announced that they will report Q4, 2024 results on Mar 25, 2025
Reported Earnings • Nov 12Third quarter 2024 earnings released: R$0.054 loss per share (vs R$0.074 loss in 3Q 2023)Third quarter 2024 results: R$0.054 loss per share (improved from R$0.074 loss in 3Q 2023). Revenue: R$114.4m (down 4.1% from 3Q 2023). Net loss: R$10.3m (loss narrowed 26% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Oct 06Experian plc (LSE:EXPN) agreed to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion.Experian plc (LSE:EXPN) agreed to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion on October 4, 2024. As part of consideration, a price per share of BRL 10.56 is paid towards common equity of ClearSale S.A. The cost to Experian, net of cash and other closing conditions, amounts to a total of up to BRL 1.905 million ($350 million). Under the terms of the agreement, ClearSale's shareholders will be presented with the option to choose between a cash-based offer or a combination of cash and Experian Brazilian Depositary Receipts (BDRs). Experian will establish a Level I Brazilian Depositary Receipts (BDR) programme prior to completion of the transaction in order to facilitate the issuance of the BDRs to those ClearSale shareholders who elect to receive Experian BDRs, bank-issued certificates representing shares in Experian on a one-for-one basis for trade on the Brazilian stock exchange. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to Experian plc's existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform. The deal is to be funded from a combination of Experian's existing cash resources and by the issuance of Brazilian Depositary Receipts. The acquisition is subject to certain conditions including regulatory review by the Brazilian Administrative Council for Economic Defense (CADE) and anticipate will conclude in the first half of calendar year 2025. In the first full fiscal year of ownership, Experian plc expect the acquisition to add revenues for ongoing activities of BRL 490 million and Benchmark EBITDA of BRL 130 million.
お知らせ • Apr 03+ 1 more updateSerasa S.A. completed the acquisition of ClearSale S.A. (BOVESPA:CLSA3) from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders.Serasa S.A. executed the Merger Agreement to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders on October 3, 2024. As part of consideration, a price per share of BRL 10.56 is paid towards common equity of ClearSale S.A. The cost to Serasa Experian, net of cash and other closing conditions, amounts to a total of up to BRL 1.905 million ($350 million). Under the terms of the agreement, ClearSale's shareholders will be presented with the option to choose between a cash-based offer or a combination of cash and Experian Brazilian Depositary Receipts (BDRs). Serasa Experian will establish a Level I Brazilian Depositary Receipts (BDR) programme prior to completion of the transaction in order to facilitate the issuance of the BDRs to those ClearSale shareholders who elect to receive Experian BDRs, bank-issued certificates representing shares in Experian on a one-for-one basis for trade on the Brazilian stock exchange. Clear Sale and Serasa agreed to implement a business combination of Clear Sale and Serasa by means of the stock-for-stock merger of all of Clear Sale’s shares into Serasa, which will result in: (i) each of Clear Sale’s shares being exchanged for one new mandatorily redeemable preferred share of Serasa, with no par value (“Serasa Redeemable Shares”), according to the alternative chosen by each shareholder for each of its Clear Sale’s shares, as provided in the Merger Agreement; (ii) Clear Sale becoming a wholly owned subsidiary of Serasa, and (iii) the the compulsory and automatic redemption of all Serasa Redeemable Shares, with the consequent and immediate cancellation of all Serasa Redeemable Shares. The Controlling Shareholders holds 131,839,195 common shares of Clear Sale, representing 70,15% of the total issued and outstanding common shares of ClearSale. In the event of termination of the Merger Agreement, Serasa shall be subject to a non-compensatory penalty in an amount corresponding to BRL 100 million to be paid in favor of Clear Sale and the breaching Controlling Shareholders shall be subject, to a non compensatory penalty in an amount corresponding to BRL100 million to be paid in favor of Serasa. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to Experian plc's existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform. The deal is to be funded from a combination of Experian's existing cash resources and by the issuance of Brazilian Depositary Receipts. The acquisition is subject to certain conditions including Company Corporate Approval and Serasa Corporate Approval, the Voting Shareholders approval, regulatory review by the Brazilian Administrative Council for Economic Defense (CADE) and, if approved, will result in the security company being delisted from the stock exchange. The transaction is expected to conclude in the first half of calendar year 2025. In the first full fiscal year of ownership, Experian plc expect the acquisition to add revenues for ongoing activities of BRL 490 million and Benchmark EBITDA of BRL 130 million. The company's founder, Pedro Chiamulera, who holds 35% of the shares, signed a five-year non-compete agreement worth BRL 100 million and in addition, provide consulting services for the integration of operations with Serasa Experian. Btg Pactual Investment Banking Ltda. and Banco Itaú BBA S.A. acted as financial advisor and Fabiano Milani and Luciana Stracieri of Stocche, Forbes, Padis, Filizzola, Clapis Advogados acted as legal advisor to ClearSale. Iain Fenn and Rupert Cheyne of Linklaters LLP acted as legal advisor to Experian PLC. Sérgio Machado, Leonardo Batista and João Pedro Pizarro of Lefosse Advogados acted as legal advisor to Serasa S.A. Serasa S.A. completed the acquisition of ClearSale S.A. (BOVESPA:CLSA3) from Pedro Chiamulera, Verônica Allende Serra, Innova Global Tech Fundo de Investimento em Participações Multiestratégia, a fund managed by Modal Asset Management Ltda, Innova Capital S.A., Bernardo Carvalho Lustosa and other shareholders on April 1, 2025. All conditions have been satisfied.
お知らせ • Apr 02ClearSale S.A.(BOVESPA:CLSA3) dropped from Brazil Small Cap IndexClearSale S.A. has been dropped from the Brazil Small Cap Index.
Reported Earnings • Mar 25Full year 2024 earnings released: R$0.15 loss per share (vs R$0.15 loss in FY 2023)Full year 2024 results: R$0.15 loss per share (further deteriorated from R$0.15 loss in FY 2023). Revenue: R$474.6m (down 5.9% from FY 2023). Net loss: R$28.6m (loss widened 2.2% from FY 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 15ClearSale S.A. to Report Q4, 2024 Results on Mar 25, 2025ClearSale S.A. announced that they will report Q4, 2024 results on Mar 25, 2025
Reported Earnings • Nov 12Third quarter 2024 earnings released: R$0.054 loss per share (vs R$0.074 loss in 3Q 2023)Third quarter 2024 results: R$0.054 loss per share (improved from R$0.074 loss in 3Q 2023). Revenue: R$114.4m (down 4.1% from 3Q 2023). Net loss: R$10.3m (loss narrowed 26% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Oct 06Experian plc (LSE:EXPN) agreed to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion.Experian plc (LSE:EXPN) agreed to acquire ClearSale S.A. (BOVESPA:CLSA3) for approximately BRL 1.9 billion on October 4, 2024. As part of consideration, a price per share of BRL 10.56 is paid towards common equity of ClearSale S.A. The cost to Experian, net of cash and other closing conditions, amounts to a total of up to BRL 1.905 million ($350 million). Under the terms of the agreement, ClearSale's shareholders will be presented with the option to choose between a cash-based offer or a combination of cash and Experian Brazilian Depositary Receipts (BDRs). Experian will establish a Level I Brazilian Depositary Receipts (BDR) programme prior to completion of the transaction in order to facilitate the issuance of the BDRs to those ClearSale shareholders who elect to receive Experian BDRs, bank-issued certificates representing shares in Experian on a one-for-one basis for trade on the Brazilian stock exchange. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to Experian plc's existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform. The deal is to be funded from a combination of Experian's existing cash resources and by the issuance of Brazilian Depositary Receipts. The acquisition is subject to certain conditions including regulatory review by the Brazilian Administrative Council for Economic Defense (CADE) and anticipate will conclude in the first half of calendar year 2025. In the first full fiscal year of ownership, Experian plc expect the acquisition to add revenues for ongoing activities of BRL 490 million and Benchmark EBITDA of BRL 130 million.
お知らせ • Sep 20ClearSale Announces Executive AppointmentsClearSale has announced Sarah Zilenovski as Chief Marketing Officer (CMO), Rodrigo Sanchez as Chief Sales Officer (CSO) and Leandro Bartolassi as Chief Operation Officer (COO). Bolstering its leadership structure and solidifying its market position, the promotion of these executives builds on the company's impressive trajectory this year. Sarah Zilenovski, who joined ClearSale in 2012 as a sales manager, has played a key role in developing global marketing strategies and contributing to the company’s international expansion. As CMO, she will lead product and institutional marketing teams and drive the public company’s growth objectives. Bringing over 15 years of industry experience, the last 4 spent with ClearSale, Rodrigo Sanchez will build on his role by shaping the company's sales strategies. In his new position, he will guide ClearSale toward a more agile structure designed to scale the brand through partnerships and alliances. Leandro Bartolassi will oversee the application fraud unit to drive the evolution of the company’s products and spearhead the launch of new solutions. His deep knowledge of fraud prevention in banks, fintechs and retail companies will serve as a foundation as he focuses on expanding into different markets.
Reported Earnings • Aug 14Second quarter 2024 earnings released: R$0.057 loss per share (vs R$0.01 loss in 2Q 2023)Second quarter 2024 results: R$0.057 loss per share (further deteriorated from R$0.01 loss in 2Q 2023). Revenue: R$118.9m (down 6.1% from 2Q 2023). Net loss: R$10.8m (loss widened 476% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
お知らせ • Aug 14ClearSale Unveils Retail Fraud Prevention Tools in New Product PortfolioClearSale has announced a new portfolio of fraud prevention tools designed to meet the evolving needs of today's digital retail landscape. The newly launched suite, dubbed "Preventative Intel," introduces three powerful solutions: Instant Decision, Automatic Decision, and Complete Decision. These tools are available now, offering a comprehensive approach to fraud management that helps brands prevent, combat, and protect against fraudulent activities in an increasingly complex market. Developed to protect businesses from advancing fraud risks, ClearSale's new security tools integrate artificial intelligence with the world's largest in-house team to provide three tiers of decision-making, ranging from instant notifications to comprehensive analysis. These different levels strike a perfect balance between fast decision making and quality risk prevention. The new product portfolio includes: Instant Decision: Created for retailers selling digital goods, Instant Decision is a 100% outsourced solution that delivers decisions in real-time. With three layers of protection - AI model, fraud rules and ClearSale's global database - ecommerce businesses will know instantly if a fraud attempt has been made. Automatic Decision: Leveraging four layers of protections - enhanced AI models, fraud rules, ClearSale's global fraud database and external sources - Automatic Decisions identifies fraud in under one minute while still ensuring decisions and notifications are delivered with high accuracy. This completely outsourced solution is great for businesses selling physical goods with delivery or pickup an hour after purchase. Complete Decision: Complete Decision auto-approves valid orders, blocks fraud, and flags suspicious orders for analysis. Combining enhanced AI models, fraud rules and ClearSales's global fraud database, external sources and secondary review, this five-layer solution ensures the highest decision accuracy in fraud prevention and is great for merchants selling high-value goods that can be picked up or delivered 24 hours after purchase. These new solutions come at a time when recent data shows that consumers have growing concerns for protected online experiences, with 84% of consumers saying that an online store that doesn't protect them from fraud will lose their business. At the same time, it's a fine line for retailers to walk, wanting to meet positive experiences with security. While some businesses might want to prioritize a faster decision for better customer experiences, others, especially those with high-value transactions, might prefer a slower decision time with increased security. The new product portfolio allows ClearSale to meet ecommerces with solutions that match their needs.
分析記事 • Jul 16Is ClearSale (BVMF:CLSA3) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Reported Earnings • May 15First quarter 2024 earnings released: R$0.046 loss per share (vs R$0.093 loss in 1Q 2023)First quarter 2024 results: R$0.046 loss per share (improved from R$0.093 loss in 1Q 2023). Revenue: R$111.6m (down 10% from 1Q 2023). Net loss: R$8.68m (loss narrowed 50% from 1Q 2023).
New Risk • Apr 08New major risk - Revenue and earnings growthEarnings have declined by 33% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 33% per year over the past 5 years.
分析記事 • Apr 02ClearSale S.A. (BVMF:CLSA3) Surges 46% Yet Its Low P/S Is No Reason For ExcitementThe ClearSale S.A. ( BVMF:CLSA3 ) share price has done very well over the last month, posting an excellent gain of 46...
Reported Earnings • Mar 27Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: R$0.15 loss per share (improved from R$0.20 loss in FY 2022). Revenue: R$504.1m (down 1.1% from FY 2022). Net loss: R$28.0m (loss narrowed 24% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 40%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry.
分析記事 • Mar 24Is ClearSale (BVMF:CLSA3) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 17ClearSale S.A. (BVMF:CLSA3) Surges 28% Yet Its Low P/S Is No Reason For ExcitementThose holding ClearSale S.A. ( BVMF:CLSA3 ) shares would be relieved that the share price has rebounded 28% in the last...
New Risk • Feb 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Brazilian stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
分析記事 • Jan 03Take Care Before Diving Into The Deep End On ClearSale S.A. (BVMF:CLSA3)You may think that with a price-to-sales (or "P/S") ratio of 1.3x ClearSale S.A. ( BVMF:CLSA3 ) is a stock worth...
お知らせ • Dec 29ClearSale S.A.(BOVESPA:CLSA3) dropped from Brazil Small Cap IndexClearSale S.A. has been dropped from Brazil Small Cap Index
Reported Earnings • Nov 17Third quarter 2023 earnings released: R$0.073 loss per share (vs R$0.014 profit in 3Q 2022)Third quarter 2023 results: R$0.073 loss per share (down from R$0.014 profit in 3Q 2022). Revenue: R$119.3m (down 8.4% from 3Q 2022). Net loss: R$13.9m (down R$16.5m from profit in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.
分析記事 • Sep 29Time To Worry? Analysts Just Downgraded Their ClearSale S.A. (BVMF:CLSA3) OutlookToday is shaping up negative for ClearSale S.A. ( BVMF:CLSA3 ) shareholders, with the analysts delivering a substantial...
Reported Earnings • Aug 17Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: R$126.6m (up 2.8% from 2Q 2022). Net loss: R$1.87m (loss narrowed 66% from 2Q 2022). Revenue missed analyst estimates by 2.7%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry.
お知らせ • Aug 02ClearSale Launches Brand Protection to Stop Phishing, Fake Accounts, and Counterfeit ProductsClearSale announced the launch of its new Brand Protection platform. Brand Protection by ClearSale uses AI and digital intelligence to continuously scan for and report brand impersonation attacks such as fake social profiles, ads, and websites; counterfeit products; and phishing attacks. Impersonation scams have created losses of more than $6 billion over the past five years, and in early 2022, 15% of all phishing emails impersonated brands, according to Abnormal Security. Because it’s so easy for scammers to create fake accounts on social, email, and marketplace platforms, impersonation is a vast and unending challenge for many high-profile retailers and brands. Brand impersonation attacks that go unchecked can damage a company’s reputation among good customers and drive customer churn. For example, phishing attacks that impersonate brands to steal customers’ credentials can lead to account takeover and CNP fraud against retailers. In ClearSale’s 2022 State of Consumer Attitudes on Ecommerce, Fraud & CX international survey, 83% of online consumers said they would boycott an ecommerce site after a fraud experience there. Such fraud attacks can also result in costly, reputation-damaging fines for noncompliance with data privacy regulations.Brand Protection by ClearSale scans the web and social media using brands’ names, logos, products, and other data to identify impostor websites and URLs, apps, social media profiles and pages, digital ads, marketplace profiles, and fake products. One retailer using the brand protection platform was able to detect more than 2,200 impostor social media profiles and had 99.9% of them taken down within 24 hours. Brand Protection by ClearSale sets itself apart from other brand impersonation solutions with its plug-and-play platform, unlimited user access, personalized in-platform support, and transparent pricing based on digital brand exposure, making it a solution of choice for both security and ecommerce teams.
New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Brazilian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Price Target Changed • Jun 22Price target increased by 7.3% to R$16.25Up from R$15.15, the current price target is an average from 4 analysts. New target price is 124% above last closing price of R$7.27. Stock is up 74% over the past year. The company is forecast to post earnings per share of R$0.08 next year compared to a net loss per share of R$0.20 last year.
お知らせ • May 18ClearSale Names Eduardo Mônaco as New CEOClearSale has just announced its placement of a new CEO. Eduardo Mônaco, previously in the position of President-Director, will replace Bernardo Lustosa, who held the CEO position for the past five years. The change comes as part of a planned succession process, marking an evolutionary stage of development for the company. Lustosa will continue his involvement with ClearSale as shareholder and advisor. After nearly four years leading the company as COO with a focus on the Analytics IT, Products, Open Innovation, Customer Success, and Data teams, Mônaco assumed the position of President-Director at the end of last year. He boasts a strong track record, having spearheaded many successful strategic projects and operational development. Mônaco began his career at some of the Brazilian retailers and ecommerce companies, structuring departments and heading up projects that delivered operational excellence and elevated customer experiences. In this new role, he will lead the next stage of ClearSale’s evolution with a focus on nurturing innovation, risk mapping, and leveraging opportunities. Elected as one of Brazil's top 100 super CEOs, Bernardo Lustosa started as a partner at ClearSale in 2008 and assumed the CEO position in 2018. Lustosa's leadership brought about a leap in capacity, organization, and scalability. In 2021, Lustosa contributed to the successful IPO of ClearSale on B3. With the transition between executives, Lustosa now holds the position of shareholder and advisor.
Price Target Changed • May 17Price target increased by 20% to R$18.53Up from R$15.50, the current price target is an average from 3 analysts. New target price is 211% above last closing price of R$5.95. Stock is up 45% over the past year. The company is forecast to post earnings per share of R$0.21 next year compared to a net loss per share of R$0.20 last year.
Reported Earnings • May 17First quarter 2023 earnings released: R$0.093 loss per share (vs R$0.22 loss in 1Q 2022)First quarter 2023 results: R$0.093 loss per share (improved from R$0.22 loss in 1Q 2022). Revenue: R$124.6m (up 18% from 1Q 2022). Net loss: R$17.4m (loss narrowed 56% from 1Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry.
Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: R$0.20 loss per share (improved from R$0.44 loss in FY 2021). Revenue: R$509.6m (up 11% from FY 2021). Net loss: R$37.1m (loss narrowed 50% from FY 2021). Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry.
分析記事 • Dec 15ClearSale S.A. (BVMF:CLSA3) Analysts Just Slashed Next Year's Revenue Estimates By 15%The latest analyst coverage could presage a bad day for ClearSale S.A. ( BVMF:CLSA3 ), with the analysts making...
Price Target Changed • Dec 13Price target decreased to R$15.50Down from R$21.00, the current price target is an average from 4 analysts. New target price is 199% above last closing price of R$5.18. Stock is down 33% over the past year. The company is forecast to post earnings per share of R$0.08 next year compared to a net loss per share of R$0.44 last year.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: R$0.014 (vs R$0.26 loss in 3Q 2021)Third quarter 2022 results: EPS: R$0.014 (up from R$0.26 loss in 3Q 2021). Revenue: R$130.2m (up 12% from 3Q 2021). Net income: R$2.56m (up R$47.8m from 3Q 2021). Profit margin: 2.0% (up from net loss in 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.
Reported Earnings • Aug 17Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: R$0.03 loss per share (down from R$0.008 profit in 2Q 2021). Revenue: R$123.1m (up 9.7% from 2Q 2021). Net loss: R$5.55m (down R$6.84m from profit in 2Q 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 57%, compared to a 19% growth forecast for the Software industry in Brazil.
Reported Earnings • May 19First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: R$0.21 loss per share (down from R$0.089 profit in 1Q 2021). Revenue: R$105.4m (up 7.6% from 1Q 2021). Net loss: R$39.3m (down 385% from profit in 1Q 2021). Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 52%, compared to a 20% growth forecast for the industry in Brazil.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Chairman & President Pedro Chiamulera was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Apr 07ClearSale Appoints Jeff Mayorga as Enterprise Account ExecutiveClearSale announced that seasoned technology and retail veteran Jeff Mayorga has joined the team as Enterprise Account Executive. Jeff will help to expand ClearSale’s footprint in the international market with enterprise ecommerce merchants and foster deeper client relationships as the company continues its growth trajectory since its successful IPO last summer. Jeff’s background in enterprise account management in technology is extensive. He spent nearly 10 years at Oracle NetSuite, seven of which were focused on the retail space. Jeff has also spent time supporting enterprise accounts at industry leaders like Salesforce, Marketo, and Signifyd. With a drive to help retailers fend off fraud and a curiosity that inspires his love of learning new technologies, Jeff joined ClearSale because of its position as a best-in-breed solution and its potential within the US and international markets.
Reported Earnings • Mar 29Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: R$0.44 loss per share (down from R$0.20 profit in FY 2020). Revenue: R$457.5m (up 32% from FY 2020). Net loss: R$74.5m (down 345% from profit in FY 2020). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 37%, compared to a 47% growth forecast for the industry in Brazil.
お知らせ • Jan 20ClearSale S.A. (BOVESPA:CLSA3) acquired Beta Learning Consultoria e Desenvolvimento de Software LTDA for $11.5 Million.ClearSale S.A. (BOVESPA:CLSA3) acquired Beta Learning Consultoria e Desenvolvimento de Software LTDA for $11.5 Million on January 19, 2022. ClearSale S.A. (BOVESPA:CLSA3) completed the acquisition of Beta Learning Consultoria e Desenvolvimento de Software LTDA on January 19, 2022.
Reported Earnings • Nov 20Third quarter 2021 earnings released: R$0.29 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: R$116.2m (flat on 3Q 2020). Net loss: R$45.2m (flat on 3Q 2020).
