Meliuz SA

Meliuz maintains a strong liquidity position, with a current ratio of 6.89 and cash and equivalents of BRL 69.25 million, which is significantly higher than the industry median. The company's liquidity_fpt score is high, indicating robust short-term financial flexibility.

Profitability metrics show a return on equity (ROE) of 2.53% and a return on assets (ROA) of 2.08%, both below the industry median for Online Services. The company's net income of BRL 20.23 million and operating income of BRL 2.93 million suggest moderate profitability, but the low debt-to-equity ratio of 0.0 indicates a conservative capital structure.

Geographically, Meliuz is concentrated in Brazil, with no disclosed international revenue segments. The company's revenue is primarily derived from its digital financial services, with no material diversification across product lines or geographic regions.

The company's growth trajectory is positive, with a price-to-earnings ratio of 23.84 and a price-to-revenue ratio of 5.02, suggesting market optimism. Analysts have set a mean price target of BRL 7.15, indicating a potential upside of 67.6% from the current market price of BRL 4.26.

Risk factors for Meliuz include regulatory changes in the Brazilian financial sector and potential competition from fintech entrants. The company has a low dilution risk, with no immediate filing-based flags detected, and a low liquidity risk due to its strong cash position.

Recent events include the company's continued expansion in digital credit offerings and the maintenance of a conservative capital structure. No material adverse events were disclosed in the latest filings, and the company remains focused on its core digital financial services.

Analysts project 67.1% upside to a mean price target of BRL 7.15, signaling strong market confidence in future performance.

Operating income surged 177.4% year-over-year to BRL 19.5 million, demonstrating a decisive turnaround in operational profitability.

The company maintains a zero debt-to-equity ratio, placing it above the 75th percentile for financial safety within its peer group.

Revenue grew 26.1% year-over-year to BRL 460.2 million, reflecting robust top-line expansion in the latest fiscal period.

Return on equity of 2.53% falls below the Online Services cohort median of 3.51%, suggesting inefficient capital utilization.

Operating margin of 3.56% remains below the cohort median of 3.72%, highlighting persistent pressure on core operational efficiency.

Return on invested capital is merely 0.37%, indicating minimal value creation relative to the capital employed in the business.

Cash conversion ratio of 0.73 is below the cohort median of 1.06, revealing weaker ability to convert earnings into cash.

Revenue BRL 138.3M, +32,1% YoY; Operating income −154,8% YoY.

• ▍Revenue BRL 138.3M, +32,1% YoY
• ▍Operating income −154,8% YoY
• ▍Net income −256,2% YoY
• ▍Free cash flow −250,3% YoY
• ▍Net margin -24.3%

Revenue BRL 123.7M, +37,0% YoY; Operating income +396,7% YoY.

• ▍Revenue BRL 123.7M, +37,0% YoY
• ▍Operating income +396,7% YoY
• ▍Net income +61,3% YoY
• ▍Free cash flow +1 033,2% YoY
• ▍Net margin 12.4%

Revenue BRL 97.8M, +11,6% YoY; Operating income +110,6% YoY.

• ▍Revenue BRL 97.8M, +11,6% YoY
• ▍Operating income +110,6% YoY
• ▍Net income +112,4% YoY
• ▍Free cash flow −399,6% YoY
• ▍Net margin 7.5%

Revenue BRL 100.4M, +21,8% YoY; Operating income +282,6% YoY.

• ▍Revenue BRL 100.4M, +21,8% YoY
• ▍Operating income +282,6% YoY
• ▍Net income −49,0% YoY
• ▍Free cash flow −167,6% YoY
• ▍Net margin 10.3%

Revenue BRL 104.7M; Operating income BRL 37.1M.

• ▍Revenue BRL 104.7M
• ▍Operating income BRL 37.1M
• ▍Net margin 20.6%

Revenue BRL 90.3M; Operating income BRL 4.3M.

• ▍Revenue BRL 90.3M
• ▍Operating income BRL 4.3M
• ▍Net margin 10.5%

Revenue BRL 87.6M; Operating income -BRL 69.5M.

• ▍Revenue BRL 87.6M
• ▍Operating income -BRL 69.5M
• ▍Net margin -67.6%

Revenue BRL 82.4M; Operating income BRL 2.9M.

• ▍Revenue BRL 82.4M
• ▍Operating income BRL 2.9M
• ▍Net margin 24.6%

Revenue BRL 460.2M, +26,1% YoY; Operating income +177,4% YoY.

• ▍Revenue BRL 460.2M, +26,1% YoY
• ▍Operating income +177,4% YoY
• ▍Net income +92,2% YoY
• ▍Free cash flow −1 303,6% YoY
• ▍Net margin -0.1%

Revenue BRL 365.0M, +11,8% YoY; Operating income +64,6% YoY.

• ▍Revenue BRL 365.0M, +11,8% YoY
• ▍Operating income +64,6% YoY
• ▍Net income +57,1% YoY
• ▍Free cash flow −16,9% YoY
• ▍Net margin -2.2%

Revenue BRL 326.6M, −11,3% YoY; Operating income +49,8% YoY.

• ▍Revenue BRL 326.6M, −11,3% YoY
• ▍Operating income +49,8% YoY
• ▍Net income +67,2% YoY
• ▍Free cash flow +55,5% YoY
• ▍Net margin -5.7%

Revenue BRL 368.1M, +39,7% YoY; Operating income −108,6% YoY.

• ▍Revenue BRL 368.1M, +39,7% YoY
• ▍Operating income −108,6% YoY
• ▍Net income −49,7% YoY
• ▍Free cash flow −1,8% YoY
• ▍Net margin -15.4%