CI&T Inc. (CINT)

CI&T Inc. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,368	2,233	2,188	1,444	956.52
Revenue Growth (YoY)	6.02%	2.09%	51.46%	51.00%	41.26%
Cost of Revenue	1,556	1,488	1,425	935.73	600.87
Gross Profit	811.7	745.72	762.49	508.65	355.65
Selling, General & Admin	499.11	464.14	479.79	241.34	146.25
Research & Development	-	-	-	0	3.46
Other Operating Expenses	-2.91	-5.45	8.46	0.31	-2.5
Operating Expenses	510.81	460.25	488.57	242.15	147.41
Operating Income	300.9	285.48	273.92	266.5	208.24
Interest Expense	-146.13	-83.54	-73.84	-29.73	-10.3
Interest & Investment Income	81.69	9.53	9.96	4.42	2.8
Currency Exchange Gain (Loss)	-	-8.18	4.57	-2.94	8.06
Other Non Operating Income (Expenses)	-	6	-14.34	-5.99	-16
EBT Excluding Unusual Items	236.46	209.3	200.27	232.27	192.79
Asset Writedown	-	-	-	-21.9	-
Pretax Income	236.46	209.3	200.27	210.37	192.79
Income Tax Expense	75.3	76.72	104.56	84.42	65.14
Earnings From Continuing Operations	161.16	132.57	95.71	125.96	127.65
Net Income	161.16	132.57	95.71	125.96	127.65
Net Income to Common	161.16	132.57	95.71	125.96	127.65
Net Income Growth	21.56%	38.52%	-24.01%	-1.33%	125.80%
Shares Outstanding (Basic)	135	136	133	122	120
Shares Outstanding (Diluted)	137	139	135	125	123
Shares Change (YoY)	-1.47%	3.25%	7.69%	1.52%	0.80%
EPS (Basic)	1.19	0.97	0.72	1.03	1.06
EPS (Diluted)	1.18	0.95	0.71	1.01	1.04
EPS Growth	24.21%	33.80%	-29.70%	-2.89%	125.06%
Free Cash Flow	317	271.13	16.75	102.47	79.58
Free Cash Flow Per Share	2.31	1.95	0.12	0.82	0.65
Gross Margin	34.28%	33.39%	34.85%	35.22%	37.18%
Operating Margin	12.71%	12.78%	12.52%	18.45%	21.77%
Profit Margin	6.81%	5.94%	4.38%	8.72%	13.35%
Free Cash Flow Margin	13.39%	12.14%	0.77%	7.09%	8.32%
EBITDA	391.33	351.73	338.33	314.86	238.13
EBITDA Margin	16.53%	15.75%	15.47%	21.80%	24.89%
D&A For EBITDA	90.43	66.25	64.41	48.35	29.88
EBIT	300.9	285.48	273.92	266.5	208.24
EBIT Margin	12.71%	12.78%	12.52%	18.45%	21.77%
Effective Tax Rate	31.85%	36.66%	52.21%	40.13%	33.79%

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q