Moove Lubricants Holdings (MOOV)

Moove Lubricants Holdings was planning to go public, but the IPO was withdrawn on Aug 1, 2025.

IPO Price Range

$14.50 - $17.50

Shares Offered

25,000,000

Deal Size

$400.00M

Moove Lubricants Holdings Financials Overview

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

Millions BRL. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	9,995	10,074	8,886	6,037
Revenue Growth	-	13.37%	47.20%	-
Gross Profit	2,846	2,785	1,961	1,338
Operating Income	858.58	920.95	494.92	501.82
Net Income	561.77	265.69	413.89	287.89

Fiscal Year	Current	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	798.15	859.34	936.76	0
Total Debt	3,563	2,408	3,112	-
Net Cash (Debt)	-2,765	-1,549	-2,175	0
Net Cash Growth	-	-	-	-

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	806.36	1,008	700.03	59.72
Free Cash Flow	616.37	819.76	590.76	17.05
Free Cash Flow Growth	-	38.76%	3364.67%	-

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	28.48%	27.64%	22.06%	22.16%
Operating Margin	8.59%	9.14%	5.57%	8.31%
Pretax Margin	5.62%	5.97%	4.36%	7.22%
Profit Margin	5.62%	2.64%	4.66%	4.77%
FCF Margin	6.17%	8.14%	6.65%	0.28%