Revenue by Segment

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Online Retailers			541.94M	637.06M	721.39M	603.11M	407.00M
Online Retailers Growth			-14.93%	-11.69%	19.61%	48.18%	31.92%
Total			541.94M	637.06M	721.39M	603.11M	407.00M
Total Growth			-14.93%	-11.69%	19.61%	48.18%	31.92%

Source: S&P Global Market Intelligence.