Develop Global Limited (VTEXF)
OTCMKTS · Delayed Price · Currency is USD
2.750
+0.850 (44.74%)
At close: Nov 3, 2025

Develop Global Statistics

Total Valuation

Develop Global has a market cap or net worth of 1.29 billion. The enterprise value is 1.36 billion.

Market Cap1.29B
Enterprise Value 1.36B

Important Dates

The last earnings date was Tuesday, January 27, 2026.

Earnings Date Jan 27, 2026
Ex-Dividend Date n/a

Share Statistics

Current Share Class 329.44M
Shares Outstanding n/a
Shares Change (YoY) +15.46%
Shares Change (QoQ) +317.89%
Owned by Insiders (%) 20.23%
Owned by Institutions (%) 32.24%
Float 258.85M

Valuation Ratios

The trailing PE ratio is 27.17 and the forward PE ratio is 20.13.

PE Ratio 27.17
Forward PE 20.13
PS Ratio 8.43
PB Ratio 3.12
P/TBV Ratio 3.12
P/FCF Ratio n/a
P/OCF Ratio 155.80
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 68.89, with an EV/FCF ratio of -41.27.

EV / Earnings 28.73
EV / Sales 8.21
EV / EBITDA 68.89
EV / EBIT n/a
EV / FCF -41.27

Financial Position

The company has a current ratio of 2.63, with a Debt / Equity ratio of 0.26.

Current Ratio 2.63
Quick Ratio 2.34
Debt / Equity 0.26
Debt / EBITDA 5.83
Debt / FCF -3.22
Interest Coverage -0.34

Financial Efficiency

Return on equity (ROE) is 14.86% and return on invested capital (ROIC) is -0.10%.

Return on Equity (ROE) 14.86%
Return on Assets (ROA) -0.09%
Return on Invested Capital (ROIC) -0.10%
Return on Capital Employed (ROCE) -0.12%
Weighted Average Cost of Capital (WACC) 8.93%
Revenue Per Employee 353,114
Profits Per Employee 109,612
Employee Count 433
Asset Turnover 0.34
Inventory Turnover 3.74

Taxes

Income Tax -50.90M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +120.00% in the last 52 weeks. The beta is 0.96, so Develop Global's price volatility has been similar to the market average.

Beta (5Y) 0.96
52-Week Price Change +120.00%
50-Day Moving Average n/a
200-Day Moving Average n/a
Relative Strength Index (RSI) n/a
Average Volume (20 Days) 18,364

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, Develop Global had revenue of 152.90 million and earned 47.46 million in profits. Earnings per share was 0.09.

Revenue152.90M
Gross Profit 110.82M
Operating Income -642,284
Pretax Income -3.16M
Net Income 47.46M
EBITDA 8.18M
EBIT -642,284
Earnings Per Share (EPS) 0.09
Full Income Statement

Balance Sheet

The company has 38.44 million in cash and 106.32 million in debt, with a net cash position of -67.89 million.

Cash & Cash Equivalents 38.44M
Total Debt 106.32M
Net Cash -67.89M
Net Cash Per Share n/a
Equity (Book Value) 413.30M
Book Value Per Share 1.27
Working Capital 120.18M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 8.28 million and capital expenditures -41.32 million, giving a free cash flow of -33.04 million.

Operating Cash Flow 8.28M
Capital Expenditures -41.32M
Free Cash Flow -33.04M
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 72.48%, with operating and profit margins of -0.42% and 31.04%.

Gross Margin 72.48%
Operating Margin -0.42%
Pretax Margin -2.07%
Profit Margin 31.04%
EBITDA Margin 5.35%
EBIT Margin -0.42%
FCF Margin n/a

Dividends & Yields

Develop Global does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 0.21%
Buyback Yield -15.46%
Shareholder Yield -15.46%
Earnings Yield 3.68%
FCF Yield -2.56%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 17, 2018. It was a reverse split with a ratio of 0.0666666.

Last Split Date Aug 17, 2018
Split Type Reverse
Split Ratio 0.0666666

Scores

Develop Global has an Altman Z-Score of 1.87 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.87
Piotroski F-Score 5