Price Target Changed • Jun 02
Price target decreased by 7.4% to R$33.80 Down from R$36.50, the current price target is provided by 1 analyst. New target price is 18% above last closing price of R$28.65. Stock is up 11% over the past year. The company posted earnings per share of R$0.88 last year. New Risk • Mar 29
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Announcement • Mar 18
Log-In Logística Intermodal S.A., Annual General Meeting, Apr 16, 2026 Log-In Logística Intermodal S.A., Annual General Meeting, Apr 16, 2026. Location: exclusively by zoom platform, Brazil Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: R$0.88 (vs R$0.51 in FY 2024) Full year 2025 results: EPS: R$0.88 (up from R$0.51 in FY 2024). Revenue: R$3.08b (up 10% from FY 2024). Net income: R$93.7m (up 75% from FY 2024). Profit margin: 3.0% (up from 1.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, while revenues in the Global Shipping industry are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Price Target Changed • Dec 05
Price target increased by 11% to R$33.10 Up from R$29.90, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of R$34.64. Stock is up 73% over the past year. The company posted earnings per share of R$0.51 last year. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to R$39.22, the stock trades at a trailing P/E ratio of 34.2x. Average forward P/E is 9x in the Shipping industry in South America. Total returns to shareholders of 31% over the past three years. Reported Earnings • Nov 10
Third quarter 2025 earnings released: EPS: R$0.18 (vs R$0.12 loss in 3Q 2024) Third quarter 2025 results: EPS: R$0.18 (up from R$0.12 loss in 3Q 2024). Revenue: R$794.4m (up 12% from 3Q 2024). Net income: R$19.4m (up R$32.5m from 3Q 2024). Profit margin: 2.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the Global Shipping industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to R$31.50, the stock trades at a trailing P/E ratio of 37.3x. Average forward P/E is 10x in the Shipping industry globally. Total loss to shareholders of 15% over the past three years. Reported Earnings • Aug 12
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: R$739.2m (up 8.0% from 2Q 2024). Net income: R$25.1m (up 238% from 2Q 2024). Profit margin: 3.4% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.6% decline forecast for the Global Shipping industry. Reported Earnings • May 16
First quarter 2025 earnings released: EPS: R$0.25 (vs R$0.078 in 1Q 2024) First quarter 2025 results: EPS: R$0.25 (up from R$0.078 in 1Q 2024). Revenue: R$683.8m (up 10% from 1Q 2024). Net income: R$26.5m (up 219% from 1Q 2024). Profit margin: 3.9% (up from 1.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.8% decline forecast for the Global Shipping industry. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Price Target Changed • Apr 04
Price target decreased by 13% to R$34.90 Down from R$40.00, the current price target is provided by 1 analyst. New target price is 65% above last closing price of R$21.17. Stock is down 39% over the past year. The company posted earnings per share of R$0.51 last year. Announcement • Mar 19
Log-In Logística Intermodal S.A., Annual General Meeting, Apr 17, 2025 Log-In Logística Intermodal S.A., Annual General Meeting, Apr 17, 2025. New Risk • Mar 02
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. New Risk • Nov 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Brazilian stocks, typically moving 8.2% 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. Reported Earnings • Nov 10
Third quarter 2024 earnings released: R$0.10 loss per share (vs R$0.38 profit in 3Q 2023) Third quarter 2024 results: R$0.10 loss per share (down from R$0.38 profit in 3Q 2023). Revenue: R$707.3m (up 14% from 3Q 2023). Net loss: R$13.1m (down 132% from profit in 3Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, while revenues in the Global Shipping industry are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. New Risk • Oct 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Brazilian stocks, typically moving 6.7% 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Buy Or Sell Opportunity • Sep 16
Now 22% undervalued Over the last 90 days, the stock has risen 2.2% to R$35.50. The fair value is estimated to be R$45.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 6.7%. Buy Or Sell Opportunity • Aug 31
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.8% to R$35.01. The fair value is estimated to be R$45.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 6.7%. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: R$0.07 (vs R$0.16 in 2Q 2023) Second quarter 2024 results: EPS: R$0.07 (down from R$0.16 in 2Q 2023). Revenue: R$684.1m (up 23% from 2Q 2023). Net income: R$7.42m (down 56% from 2Q 2023). Profit margin: 1.1% (down from 3.1% in 2Q 2023). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Global Shipping industry. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Aug 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to R$35.08. The fair value is estimated to be R$45.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 6.7%. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: R$0.08 (vs R$0.37 in 1Q 2023) First quarter 2024 results: EPS: R$0.08. Revenue: R$619.4b (up R$618.8b from 1Q 2023). Net income: R$8.30b (up R$8.26b from 1Q 2023). Profit margin: 1.3% (down from 6.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 103% p.a. on average during the next 3 years, while revenues in the Global Shipping industry are expected to grow by 1.4%. Price Target Changed • Mar 20
Price target decreased by 8.5% to R$40.00 Down from R$43.70, the current price target is provided by 1 analyst. New target price is 6.0% above last closing price of R$37.75. Stock is up 0.8% over the past year. The company posted earnings per share of R$0.57 last year. New Risk • Mar 08
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (2.6% net profit margin). Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: R$0.57 (vs R$3.87 in FY 2022) Full year 2023 results: EPS: R$0.57 (down from R$3.87 in FY 2022). Revenue: R$2.34b (up 13% from FY 2022). Net income: R$60.1m (down 85% from FY 2022). Profit margin: 2.6% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, while revenues in the Global Shipping industry are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 36% per year. Announcement • Feb 22
Log-In Logística Intermodal S.A. to Report Q4, 2023 Results on Mar 06, 2024 Log-In Logística Intermodal S.A. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024 Announcement • Dec 30
Log-In Logística Intermodal S.A.(BOVESPA:LOGN3) dropped from Brazil Small Cap Index Log-In Logística Intermodal S.A. has been dropped from Brazil Small Cap Index . New Risk • Nov 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to R$33.46, the stock trades at a trailing P/E ratio of 9.3x. Average forward P/E is 9x in the Shipping industry in South America. Total returns to shareholders of 111% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to R$46.11, the stock trades at a trailing P/E ratio of 12.8x. Average forward P/E is 8x in the Shipping industry in South America. Total returns to shareholders of 156% over the past three years. Price Target Changed • Sep 01
Price target increased by 9.0% to R$41.90 Up from R$38.45, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R$40.10. Stock is down 2.9% over the past year. The company posted earnings per share of R$3.87 last year. New Risk • Aug 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: R$0.16 (vs R$0.21 in 2Q 2022) Second quarter 2023 results: EPS: R$0.16 (down from R$0.21 in 2Q 2022). Revenue: R$554.6m (down 9.0% from 2Q 2022). Net income: R$17.0m (down 22% from 2Q 2022). Profit margin: 3.1% (down from 3.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.7% decline forecast for the Global Shipping industry. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: R$0.37 (vs R$0.58 in 1Q 2022) First quarter 2023 results: EPS: R$0.37 (down from R$0.58 in 1Q 2022). Revenue: R$559.7m (up 44% from 1Q 2022). Net income: R$38.4m (down 36% from 1Q 2022). Profit margin: 6.9% (down from 16% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.0% decline forecast for the Global Shipping industry. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to R$43.01, the stock trades at a trailing P/E ratio of 11.1x. Average forward P/E is 7x in the Shipping industry in South America. Total returns to shareholders of 258% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$31.99 per share. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to R$36.53, the stock trades at a trailing P/E ratio of 27.6x. Average forward P/E is 6x in the Shipping industry in South America. Total returns to shareholders of 223% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$45.09 per share. Buying Opportunity • Feb 23
Now 27% undervalued Over the last 90 days, the stock is up 3.4%. The fair value is estimated to be R$43.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 79%. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 16% share price gain to R$34.19, the stock trades at a trailing P/E ratio of 25.8x. Average forward P/E is 5x in the Shipping industry in South America. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$57.05 per share. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Soren Toft was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: R$0.34 (vs R$0.58 in 3Q 2021) Third quarter 2022 results: EPS: R$0.34 (down from R$0.58 in 3Q 2021). Revenue: R$521.9m (up 45% from 3Q 2021). Net income: R$36.0m (down 40% from 3Q 2021). Profit margin: 6.9% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Global Shipping industry. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 17
Price target increased to R$35.96 Up from R$32.80, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R$37.66. The company posted earnings per share of R$0.93 last year. Reported Earnings • Aug 13
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: R$609.2m (up 73% from 2Q 2021). Net income: R$22.0m (down 42% from 2Q 2021). Profit margin: 3.6% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 20%, compared to a 4.0% growth forecast for the industry in Brazil. 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 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
First quarter 2022 earnings released First quarter 2022 results: Revenue: R$388.4m (up 31% from 1Q 2021). Net income: R$60.3m (up R$81.6m from 1Q 2021). Profit margin: 16% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 6.4% growth forecast for the industry in Brazil. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 30
Now 21% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be R$33.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 53%. Price Target Changed • Apr 27
Price target increased to R$32.80 Up from R$22.13, the current price target is provided by 1 analyst. New target price is 25% above last closing price of R$26.18. The company posted earnings per share of R$0.93 last year. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Martin Susemihl was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 23
Now 21% undervalued Over the last 90 days, the stock is up 27%. The fair value is estimated to be R$33.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 53%. Price Target Changed • Apr 21
Price target increased to R$32.80 Up from R$21.93, the current price target is provided by 1 analyst. New target price is 20% above last closing price of R$27.35. The company posted earnings per share of R$0.93 last year. Reported Earnings • Mar 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: R$0.93 (up from R$0.13 in FY 2020). Revenue: R$1.40b (up 24% from FY 2020). Net income: R$97.5m (up R$84.5m from FY 2020). Profit margin: 7.0% (up from 1.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.3%, compared to a 17% growth forecast for the industry in Brazil. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to R$20.55, the stock trades at a trailing P/E ratio of 10.2x. Average forward P/E is 5x in the Shipping industry in South America. Total returns to shareholders of 158% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$37.68 per share. Announcement • Dec 15
Log-In Logística Intermodal S.A. (BOVESPA:LOGN3) ) agreed to acquire Tecmar Transportes Ltda for approximately BRL 103 million. Log-In Logística Intermodal S.A. (BOVESPA:LOGN3) agreed to acquire Tecmar Transportes Ltda for approximately BRL 103 million on December 13, 2021. The transaction is subject to approval from shareholders and antitrust body. Reported Earnings • Nov 14
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: R$359.5m (up 21% from 3Q 2020). Net income: R$60.2m (up R$51.2m from 3Q 2020). Profit margin: 17% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improved over the past week After last week's 34% share price gain to R$20.00, the stock trades at a trailing P/E ratio of 13.2x. Average forward P/E is 7x in the Shipping industry in South America. Total returns to shareholders of 396% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$33.46 per share. Price Target Changed • Sep 04
Price target decreased to R$22.97 Down from R$25.03, the current price target is an average from 3 analysts. New target price is 51% above last closing price of R$15.19. Stock is down 21% over the past year. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to R$16.00, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 8x in the Shipping industry in South America. Total returns to shareholders of 361% over the past three years. Reported Earnings • May 14
First quarter 2021 earnings released The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: R$296.7m (up 9.4% from 1Q 2020). Net loss: R$21.3m (loss narrowed 81% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 91% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS R$0.13 (vs R$0.27 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: R$1.13b (up 7.0% from FY 2019). Net income: R$13.0m (up 17% from FY 2019). Profit margin: 1.2% (up from 1.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Mar 12
Revenue misses expectations Revenue missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the Shipping industry in Brazil. Is New 90 Day High Low • Feb 27
New 90-day low: R$14.41 The company is down 7.0% from its price of R$15.50 on 27 November 2020. The Brazilian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R$22.94 per share. Announcement • Feb 23
Log-In Logística Intermodal S.A. to Report Q4, 2020 Results on Mar 09, 2021 Log-In Logística Intermodal S.A. announced that they will report Q4, 2020 results After-Market on Mar 09, 2021 Price Target Changed • Feb 07
Price target raised to R$25.40 Up from R$22.75, the current price target is an average from 2 analysts. The new target price is 62% above the current share price of R$15.66. As of last close, the stock is down 31% over the past year. Price Target Changed • Dec 24
Price target lowered to R$22.75 Down from R$25.95, the current price target is an average from 2 analysts. The new target price is 42% above the current share price of R$16.06. As of last close, the stock is down 24% over the past year. Analyst Estimate Surprise Post Earnings • Nov 16
Revenue beats expectations Revenue exceeded analyst estimates by 7.6%. Over the next year, revenue is forecast to grow 14%, compared to a 5.0% growth forecast for the Shipping industry in Brazil. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS R$0.09 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: R$298.4m (up 7.2% from 3Q 2019). Net income: R$9.04m (up R$26.2m from 3Q 2019). Profit margin: 3.0% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.