Méliuz Reports Third Quarter 2023 Earnings

Méliuz (BVMF:CASH3) Third Quarter 2023 Results

Key Financial Results

• Revenue: R$70.4m (down 28% from 3Q 2022).
• Net income: R$9.45m (up from R$336.0k loss in 3Q 2022).
• Profit margin: 13% (up from net loss in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Méliuz Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Interactive Media and Services industry.

Performance of the market in Brazil.

The company's shares are down 6.0% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Méliuz's balance sheet and an in-depth analysis of the company's financial position.

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