Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Investing

Brazil’s B3 reports7% revenue growth in Q4 despite macroeconomic volatility

admin by admin
February 22, 2025
in Investing
0
Brazil’s B3 reports7% revenue growth in Q4 despite macroeconomic volatility
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

B3 reported a recurring net profit of R$1.2 billion ($208 million) for the fourth quarter of 2024, reflecting a 13.6% increase compared to the same quarter in 2023 but a 2% decline from the previous quarter.

Total revenue came in at R$2.67 billion, marking a 7.0% year-over-year rise but a 1.6% drop from the previous quarter.

Recurring EBITDA reached R$1.60 billion, up 9.5% from the prior year but down 6.4% sequentially.

B3 earnings deep-dive

B3 said in the statement:

In another quarter marked by a volatile macroeconomic scenario, B3’s diversified business model proved to be effective.”

In the listed derivatives segment, the average daily volume (ADV) totaled 6.1 million contracts, remaining in line with the same period last year.

A key highlight was the continued growth in Bitcoin Futures, which closed the quarter with an ADV of 206,000 contracts, contributing R$42.8 million in revenue.

In the OTC segment, the issuance of fixed-income instruments rose 13.8% year-over-year, while the outstanding balance increased 23.9%.

This growth was primarily driven by a 16.2% rise in corporate debt issuance, reflecting the expansion of the local debt market.

In Treasury Direct, investor participation continued to rise, with the number of investors increasing 15.5% YoY, while the outstanding balance grew 13.0% compared to the previous year.

The cash equities market saw a strong performance, with the average daily traded volume (ADTV) reaching R$25.6 billion, marking a 5.5% year-over-year increase.

Within this segment, ETFs grew by 39.1%, BDRs surged by 91.5%, and Listed Funds increased by 43.1%, highlighting the success of B3’s efforts to strengthen its core business through the continuous launch of new products.

In the Infrastructure for Financing Unit, revenue would have grown by 11.7% if excluding the Desenrola program.

This increase was primarily driven by a 14.9% rise in the number of financed vehicles, reflecting strong demand in the segment.

Meanwhile, revenue from the Technology, Data, and Services segment saw a 9.7% increase.

This growth was supported by a 7.0% rise in users of the OTC platform and a 4.7% increase in revenues from Data and Analytics.

B3 performance on key metrics

In the quarter, B3 invested R$111.0 million, primarily in technological upgrades across all business segments.

These investments focused on capacity expansion, security enhancements, and the development of new functionalities and products to strengthen the company’s infrastructure and service offerings.

At the end of 4Q24, B3’s gross debt stood at R$13.4 billion, with 84% classified as long-term and 16% as short-term. This debt level corresponds to 2.0 times the company’s recurring EBITDA over the last 12 months.

Total expenses for the quarter amounted to R$908.2 million, reflecting a 15.3% decline.

This decrease was mainly attributed to the completion of the amortization of intangible assets recognized during the Cetip merger.

Excluding this effect, expenses would have increased by 0.8%, remaining in line with 4Q23.

The post Brazil’s B3 reports7% revenue growth in Q4 despite macroeconomic volatility appeared first on Invezz

Previous Post

Japan’s passport ranks No. 2 globally, yet only 17.5% of citizens have one

Next Post

Why Coca-Cola says DEI is essential for business success

admin

admin

Next Post
Why Coca-Cola says DEI is essential for business success

Why Coca-Cola says DEI is essential for business success

Trending News

Ripple Joins TRM Labs’ Beacon Network to Fight Crypto Crime

Ripple Joins TRM Labs’ Beacon Network to Fight Crypto Crime

August 20, 2025
Gap turnaround: here’s what Richard Dickson has achieved in 1.5 years

Gap turnaround: here’s what Richard Dickson has achieved in 1.5 years

March 7, 2025
Europe markets open: Stoxx 600 gains 0.5%; UK May retail sales fall sharply

Europe markets open: Stoxx 600 gains 0.5%; UK May retail sales fall sharply

June 20, 2025
Subscribe to Insightful Word


    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025
    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    August 28, 2025
    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    August 28, 2025

    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025

    Latest News

    • Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in
    • SentinelOne stock price forecast ahead of earnings: buy or sell?
    • Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.