Zenvia Inc. (ZENV) 10-Year Financial Performance & Capital Metrics

ZENV • • Industrial / General

TechnologyInfrastructure SoftwareCommunications & Network InfrastructureCommunications Platforms

AboutZenvia Inc. develops a cloud-based platform that enables organizations to integrate several communication capabilities in Brazil, Mexico, and Argentina. It offers communication channels for businesses to engage or interact with their customers, such as SMS, Voice, WhatsApp, Facebook Instagram, Webchat, Messenger, rich communication service (RCS), and video; and communication solutions comprising SaaS for communication between businesses and end-consumers, such as marketing campaigns, sales teams' management, customer service and engagement, and customer success. The company also provides Zenvia Chat, a customer service platform that manages different communication channels in a single environment; Zenvia Message, a campaign manager to trigger RCS, SMS, and WhatsApp messages; Sirena, a solution for sales teams to communicate with customers through WhatsApp; and SenseData, a solution that uses advanced techniques to integrate and analyze large volumes of customer data, creating a unique 360º view of the customers and generating insights. In addition, it offers Zenvia Flow, a visual flow builder that allows customers to create communication and/or automation flows; Jornadas solution for enterprise clients to communicate with their customers through various digital channels and generate data-rich documents; and ALTU, the conversational automation solution for larger companies to solve their customer needs with automated yet humanized service through artificial intelligence. The company's platform assists customers in various use cases comprising marketing campaigns, customer acquisition, customer onboarding, warnings, customer services, fraud control, cross-selling and customer retention, ticket resolution, consumer health, and others. Zenvia Inc. was incorporated in 2020 and is based in São Paulo, Brazil.Show more

Revenue $960M +18.8%
EBITDA $95M +23.6%
Net Income -$155M -153.5%
EPS (Diluted) -2.98 -104.1%
Gross Margin 30.72% -25.0%
EBITDA Margin 9.93% +4.0%
Operating Margin 0.34% +125.7%
Net Margin -16.12% -113.3%
ROE -18.63% -181.3%
ROIC 0.29% +134.9%
Debt/Equity 0.17 +64.9%
Interest Coverage 0.05 +117.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 22.1%
✓Trading at only 0.1x book value

✗Weaknesses

✗Weak momentum: RS Rating 7 (bottom 7%)
✗Shares diluted 24.3% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y22.07%

3Y16.16%

TTM24.8%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-4.41%

EPS CAGR

10Y-

5Y-

3Y-

TTM7.69%

ROCE

10Y Avg-1.79%

5Y Avg-7.67%

3Y Avg-7.22%

Latest0.3%

Peer Comparison

Communications Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ZENVZenvia Inc.	25.58M	0.89	-0.30	18.83%	-10.99%	-16.25%	100%	0.17
TCXTucows Inc.	276.49M	24.90	-2.49	6.76%	-25.02%
SANGSangoma Technologies Corporation	163.04M	4.92	-32.80	-4.28%	-3%	-2.76%	20.21%	0.22
BANDBandwidth Inc.	387.04M	13.55	-56.46	24.52%	-1.54%	-2.97%	18.06%	1.61
FIVNFive9, Inc.	1.49B	18.99	-111.71	14.44%	2.77%	4.03%	5.29%	1.98

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	276.38M	354.04M	429.7M	612.32M	756.72M	807.58M	959.68M
Revenue Growth %	-	0.28%	0.21%	0.42%	0.24%	0.07%	0.19%
Cost of Goods Sold+	186.08M	260.79M	325.87M	431.42M	467.8M	477.04M	664.91M
COGS % of Revenue	0.67%	0.74%	0.76%	0.7%	0.62%	0.59%	0.69%
Gross Profit+	90.3M	93.25M	103.83M	180.91M	288.91M	330.54M	294.77M
Gross Margin %	0.33%	0.26%	0.24%	0.3%	0.38%	0.41%	0.31%
Gross Profit Growth %	-	0.03%	0.11%	0.74%	0.6%	0.14%	-0.11%
Operating Expenses+	60.05M	73.5M	125.94M	227.41M	577.9M	341.25M	291.5M
OpEx % of Revenue	0.22%	0.21%	0.29%	0.37%	0.76%	0.42%	0.3%
Selling, General & Admin	53.92M	66.89M	105.26M	209.82M	228.21M	202.34M	190.31M
SG&A % of Revenue	0.2%	0.19%	0.24%	0.34%	0.3%	0.25%	0.2%
Research & Development	3.93M	9.83M	15.64M	46.31M	64.07M	52.78M	47.04M
R&D % of Revenue	0.01%	0.03%	0.04%	0.08%	0.08%	0.07%	0.05%
Other Operating Expenses	2.19M	-3.22M	5.04M	-28.73M	285.62M	86.13M	54.14M
Operating Income+	30.25M	19.75M	-22.11M	-46.5M	-288.99M	-10.71M	3.27M
Operating Margin %	0.11%	0.06%	-0.05%	-0.08%	-0.38%	-0.01%	0%
Operating Income Growth %	-	-0.35%	-2.12%	-1.1%	-5.21%	0.96%	1.31%
EBITDA+	44.76M	38.55M	5.18M	-5.37M	-214M	77.1M	95.29M
EBITDA Margin %	0.16%	0.11%	0.01%	-0.01%	-0.28%	0.1%	0.1%
EBITDA Growth %	-	-0.14%	-0.87%	-2.04%	-38.86%	1.36%	0.24%
D&A (Non-Cash Add-back)	14.51M	18.8M	27.29M	41.13M	74.99M	87.81M	92.02M
EBIT	32.27M	21.85M	-23.92M	-48.02M	-278.55M	-15.57M	-61.13M
Net Interest Income+	-1.67M	-1.5M	-1.32M	-5.21M	-36.6M	-24.44M	-61.91M
Interest Income	37.2K	3.17M	240.98K	12.24M	17.66M	14.75M	5M
Interest Expense	1.71M	4.67M	1.56M	17.45M	54.26M	39.19M	66.91M
Other Income/Expense	-3.91M	-2.57M	-7.36M	-18.97M	-43.82M	-44.05M	-131.31M
Pretax Income+	26.34M	17.18M	-29.47M	-65.47M	-332.81M	-54.76M	-128.03M
Pretax Margin %	0.1%	0.05%	-0.07%	-0.11%	-0.44%	-0.07%	-0.13%
Income Tax+	6.48M	3.33M	-8.04M	-20.82M	-89.79M	6.01M	26.62M
Effective Tax Rate %	0.75%	0.81%	0.73%	0.68%	0.73%	1.11%	1.21%
Net Income+	19.86M	13.84M	-21.43M	-44.65M	-243.03M	-61M	-154.66M
Net Margin %	0.07%	0.04%	-0.05%	-0.07%	-0.32%	-0.08%	-0.16%
Net Income Growth %	-	-0.3%	-2.55%	-1.08%	-4.44%	0.75%	-1.54%
Net Income (Continuing)	19.86M	13.84M	-21.43M	-44.65M	-243.03M	-60.77M	-154.66M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	-96K	137K	0
EPS (Diluted)+	0.51	0.35	-0.55	-1.37	-5.84	-1.46	-2.98
EPS Growth %	-	-0.31%	-2.57%	-1.49%	-3.26%	0.75%	-1.04%
EPS (Basic)	0.51	0.35	-0.55	-1.37	-5.84	-1.46	-2.98
Diluted Shares Outstanding	39.29M	39.29M	39.29M	32.62M	41.6M	41.74M	51.87M
Basic Shares Outstanding	39.29M	39.29M	39.29M	32.61M	41.59M	41.74M	51.87M
Dividend Payout Ratio	0.12%	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	104.28M	79.09M	154.69M	766.06M	313.18M	250.33M	318.99M
Cash & Short-Term Investments	50.68M	12.34M	59.98M	582.23M	108.4M	63.74M	116.88M
Cash Only	50.68M	12.34M	59.98M	582.23M	100.24M	63.74M	116.88M
Short-Term Investments	0	0	0	0	8.16M	0	0
Accounts Receivable	51.2M	62.14M	86.01M	142.41M	156.01M	176.84M	190.76M
Days Sales Outstanding	67.62	64.06	73.06	84.89	75.25	79.93	72.55
Inventory	0	1.16M	2.52M	20.99M	6.37M	0	0
Days Inventory Outstanding	-	1.62	2.82	17.76	4.97	-	-
Other Current Assets	2.33M	2.29M	3.67M	-489K	36.03M	4.18M	6.19M
Total Non-Current Assets+	168.08M	169.89M	298.17M	1.08B	1.49B	1.46B	1.42B
Property, Plant & Equipment	9.2M	17.5M	12.49M	15.73M	19.59M	14.41M	17.85M
Fixed Asset Turnover	30.05x	20.24x	34.39x	38.92x	38.63x	56.03x	53.77x
Goodwill	78.78M	78.78M	163.39M	813.91M	923.44M	923.44M	923.44M
Intangible Assets	75.39M	70.33M	118.08M	236.44M	453.79M	423.89M	394.66M
Long-Term Investments	4.71M	3.29M	2.23M	7M	0	1.11M	1.76M
Other Non-Current Assets	0	0	1.58M	2.42M	2.35M	6.41M	11.31M
Total Assets+	272.36M	248.98M	452.85M	1.84B	1.8B	1.71B	1.74B
Asset Turnover	1.01x	1.42x	0.95x	0.33x	0.42x	0.47x	0.55x
Asset Growth %	-	-0.09%	0.82%	3.07%	-0.02%	-0.05%	0.02%
Total Current Liabilities+	73.72M	74.78M	226.44M	429.88M	476.34M	607.37M	674.76M
Accounts Payable	40.2M	39.22M	100.04M	144.42M	264.73M	354M	445.8M
Days Payables Outstanding	78.86	54.89	112.05	122.19	206.55	270.86	244.72
Short-Term Debt	12.85M	17.7M	56.2M	64.42M	89.54M	36.19M	81.14M
Deferred Revenue (Current)	0	0	1000K	1000K	1000K	0	1000K
Other Current Liabilities	15.24M	8.42M	39.68M	179.87M	66.84M	153.85M	112.32M
Current Ratio	1.41x	1.06x	0.68x	1.78x	0.66x	0.41x	0.47x
Quick Ratio	1.41x	1.04x	0.67x	1.73x	0.64x	0.41x	0.47x
Cash Conversion Cycle	-	10.79	-36.17	-19.54	-126.33	-	-
Total Non-Current Liabilities+	50.15M	74.87M	111.07M	210.76M	374.55M	215.24M	297.38M
Long-Term Debt	33.67M	45.65M	42.78M	143.72M	77.29M	51.6M	45.72M
Capital Lease Obligations	1.71M	4.6M	1.65M	2.04M	2.82M	752K	1.31M
Deferred Tax Liabilities	0	0	0	0	1.97M	1.72M	804K
Other Non-Current Liabilities	14.78M	24.61M	65.29M	63.34M	292.46M	161.16M	249.55M
Total Liabilities	123.87M	149.65M	337.51M	640.65M	850.88M	822.62M	972.14M
Total Debt+	48.23M	70.64M	101.73M	212.4M	171.65M	90.6M	129.68M
Net Debt	-2.45M	58.3M	41.75M	-369.83M	71.41M	26.86M	12.79M
Debt / Equity	0.32x	0.71x	0.88x	0.18x	0.18x	0.10x	0.17x
Debt / EBITDA	1.08x	1.83x	19.64x	-	-	1.18x	1.36x
Net Debt / EBITDA	-0.05x	1.51x	8.06x	-	-	0.35x	0.13x
Interest Coverage	17.73x	4.23x	-14.13x	-2.67x	-5.33x	-0.27x	0.05x
Total Equity+	148.49M	99.34M	115.35M	1.2B	953.24M	888.95M	771.41M
Equity Growth %	-	-0.33%	0.16%	9.43%	-0.21%	-0.07%	-0.13%
Book Value per Share	3.78	2.53	2.94	36.89	22.92	21.30	14.87
Total Shareholders' Equity	148.49M	99.34M	115.35M	1.2B	953.34M	888.81M	771.41M
Common Stock	93.88M	93.88M	130.29M	957.52M	957.52M	957.52M	1.01B
Retained Earnings	54.61M	5.45M	-21.43M	-15.56M	-258.59M	-319.59M	-474.25M
Treasury Stock	0	0	0	0	0	0	0
Accumulated OCI	0	5.45M	6.49M	261.24M	254.4M	250.59M	235.75M
Minority Interest	0	0	0	0	-96K	137K	0

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	39.55M	26.45M	46.14M	-97.26M	108.45M	162.55M	107.77M
Operating CF Margin %	0.14%	0.07%	0.11%	-0.16%	0.14%	0.2%	0.11%
Operating CF Growth %	-	-0.33%	0.74%	-3.11%	2.12%	0.5%	-0.34%
Net Income	19.86M	13.84M	-21.43M	-44.65M	-243.03M	-60.77M	-154.66M
Depreciation & Amortization	14.51M	18.8M	27.29M	41.13M	74.99M	87.81M	92.02M
Stock-Based Compensation	0	0	0	1.07M	2.95M	2.55M	5.3M
Deferred Taxes	6.48M	3.33M	-417K	-17.93M	-85.64M	10.05M	7.8M
Other Non-Cash Items	10.06M	15.41M	24.25M	-23.68M	288.64M	83.83M	45.5M
Working Capital Changes	-11.36M	-24.93M	16.45M	-53.21M	70.54M	39.08M	111.81M
Change in Receivables	-4.82M	-14.54M	-26.31M	-45.65M	-69K	-45.22M	-39.85M
Change in Inventory	0	0	0	0	0	0	0
Change in Payables	-12.36M	-9.49M	52.11M	35.96M	107.02M	82.72M	99.84M
Cash from Investing+	-10.92M	-9.93M	-61.59M	-351.05M	-349.78M	-53.9M	-62.62M
Capital Expenditures	-2.81M	-5.11M	-4.75M	-5.95M	-7.2M	-3M	-4.32M
CapEx % of Revenue	0.01%	0.01%	0.01%	0.01%	0.01%	0%	0%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	-8.12M	-4.38M	-12.56M	-13.47M	-42.49M	-59.06M	-58.29M
Cash from Financing+	-6.62M	-54.86M	62.05M	935.03M	-215.84M	-143.77M	9.11M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	-2.31M	-67.72M	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	0	0	36.41M	-142.1M	-172.89M	-64.06M	-78.23M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	31.85M	16.96M	28.83M	-116.67M	58.76M	106.89M	49.28M
FCF Margin %	0.12%	0.05%	0.07%	-0.19%	0.08%	0.13%	0.05%
FCF Growth %	-	-0.47%	0.7%	-5.05%	1.5%	0.82%	-0.54%
FCF per Share	0.81	0.43	0.73	-3.58	1.41	2.56	0.95
FCF Conversion (FCF/Net Income)	1.99x	1.91x	-2.15x	2.18x	-0.45x	-2.66x	-0.70x
Interest Paid	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.38%	11.17%	-19.97%	-6.77%	-22.54%	-6.62%	-18.63%
Return on Invested Capital (ROIC)	15.53%	9.76%	-10.54%	-7.04%	-23.33%	-0.83%	0.29%
Gross Margin	32.67%	26.34%	24.16%	29.54%	38.18%	40.93%	30.72%
Net Margin	7.19%	3.91%	-4.99%	-7.29%	-32.12%	-7.55%	-16.12%
Debt / Equity	0.32x	0.71x	0.88x	0.18x	0.18x	0.10x	0.17x
Interest Coverage	17.73x	4.23x	-14.13x	-2.67x	-5.33x	-0.27x	0.05x
FCF Conversion	1.99x	1.91x	-2.15x	2.18x	-0.45x	-2.66x	-0.70x
Revenue Growth	-	28.1%	21.37%	42.5%	23.58%	6.72%	18.83%

Revenue by Geography

	2021	2022	2023	2024
BRAZIL	531.57M	687.69M	718.3M	802.37M
BRAZIL Growth	-	29.37%	4.45%	11.70%
UNITED STATES	31.7M	14.34M	35.01M	94.21M
UNITED STATES Growth	-	-54.78%	144.23%	169.06%
ARGENTINA	5.88M	11.23M	11.77M	13.09M
ARGENTINA Growth	-	91.17%	4.81%	11.21%
MEXICO	11.04M	14.4M	12.74M	12.37M
MEXICO Growth	-	30.49%	-11.52%	-2.90%
Others Countries	21.89M	14.64M	14.65M	11.04M
Others Countries Growth	-	-33.13%	0.10%	-24.69%
NETHERLANDS	-	-	-	7.68M
NETHERLANDS Growth	-	-	-	-
MALTA	-	-	-	4.7M
MALTA Growth	-	-	-	-
PERU	-	4.46M	5.4M	4.56M
PERU Growth	-	-	21.06%	-15.53%
COLOMBIA	-	5.54M	5.3M	3.95M
COLOMBIA Growth	-	-	-4.26%	-25.62%
SWITZERLAND	8.12M	631K	182K	3.51M
SWITZERLAND Growth	-	-92.23%	-71.16%	1829.12%
CHILE	-	3.78M	4.21M	2.2M
CHILE Growth	-	-	11.35%	-47.77%
SOUTH AFRICA	2.13M	-	-	-
SOUTH AFRICA Growth	-	-	-	-

Frequently Asked Questions

Growth & Financials

Zenvia Inc. (ZENV) reported $1.10B in revenue for fiscal year 2024. This represents a 297% increase from $276.4M in 2018.

Zenvia Inc. (ZENV) grew revenue by 18.8% over the past year. This is strong growth.

Zenvia Inc. (ZENV) reported a net loss of $120.6M for fiscal year 2024.

Dividend & Returns

Zenvia Inc. (ZENV) has a return on equity (ROE) of -18.6%. Negative ROE indicates the company is unprofitable.

Zenvia Inc. (ZENV) generated $70.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Zenvia Inc. (ZENV) 10-Year Financial Performance & Capital Metrics

ZENV • • Industrial / General

TechnologyInfrastructure SoftwareCommunications & Network InfrastructureCommunications Platforms

Revenue $960M +18.8%
EBITDA $95M +23.6%
Net Income -$155M -153.5%
EPS (Diluted) -2.98 -104.1%
Gross Margin 30.72% -25.0%
EBITDA Margin 9.93% +4.0%
Operating Margin 0.34% +125.7%
Net Margin -16.12% -113.3%
ROE -18.63% -181.3%
ROIC 0.29% +134.9%
Debt/Equity 0.17 +64.9%
Interest Coverage 0.05 +117.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 22.1%
✓Trading at only 0.1x book value

✗Weaknesses

✗Weak momentum: RS Rating 7 (bottom 7%)
✗Shares diluted 24.3% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y22.07%

3Y16.16%

TTM24.8%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-4.41%

EPS CAGR

10Y-

5Y-

3Y-

TTM7.69%

ROCE

10Y Avg-1.79%

5Y Avg-7.67%

3Y Avg-7.22%

Latest0.3%

Peer Comparison

Communications Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ZENVZenvia Inc.	25.58M	0.89	-0.30	18.83%	-10.99%	-16.25%	100%	0.17
TCXTucows Inc.	276.49M	24.90	-2.49	6.76%	-25.02%
SANGSangoma Technologies Corporation	163.04M	4.92	-32.80	-4.28%	-3%	-2.76%	20.21%	0.22
BANDBandwidth Inc.	387.04M	13.55	-56.46	24.52%	-1.54%	-2.97%	18.06%	1.61
FIVNFive9, Inc.	1.49B	18.99	-111.71	14.44%	2.77%	4.03%	5.29%	1.98

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	276.38M	354.04M	429.7M	612.32M	756.72M	807.58M	959.68M
Revenue Growth %	-	0.28%	0.21%	0.42%	0.24%	0.07%	0.19%
Cost of Goods Sold+	186.08M	260.79M	325.87M	431.42M	467.8M	477.04M	664.91M
COGS % of Revenue	0.67%	0.74%	0.76%	0.7%	0.62%	0.59%	0.69%
Gross Profit+	90.3M	93.25M	103.83M	180.91M	288.91M	330.54M	294.77M
Gross Margin %	0.33%	0.26%	0.24%	0.3%	0.38%	0.41%	0.31%
Gross Profit Growth %	-	0.03%	0.11%	0.74%	0.6%	0.14%	-0.11%
Operating Expenses+	60.05M	73.5M	125.94M	227.41M	577.9M	341.25M	291.5M
OpEx % of Revenue	0.22%	0.21%	0.29%	0.37%	0.76%	0.42%	0.3%
Selling, General & Admin	53.92M	66.89M	105.26M	209.82M	228.21M	202.34M	190.31M
SG&A % of Revenue	0.2%	0.19%	0.24%	0.34%	0.3%	0.25%	0.2%
Research & Development	3.93M	9.83M	15.64M	46.31M	64.07M	52.78M	47.04M
R&D % of Revenue	0.01%	0.03%	0.04%	0.08%	0.08%	0.07%	0.05%
Other Operating Expenses	2.19M	-3.22M	5.04M	-28.73M	285.62M	86.13M	54.14M
Operating Income+	30.25M	19.75M	-22.11M	-46.5M	-288.99M	-10.71M	3.27M
Operating Margin %	0.11%	0.06%	-0.05%	-0.08%	-0.38%	-0.01%	0%
Operating Income Growth %	-	-0.35%	-2.12%	-1.1%	-5.21%	0.96%	1.31%
EBITDA+	44.76M	38.55M	5.18M	-5.37M	-214M	77.1M	95.29M
EBITDA Margin %	0.16%	0.11%	0.01%	-0.01%	-0.28%	0.1%	0.1%
EBITDA Growth %	-	-0.14%	-0.87%	-2.04%	-38.86%	1.36%	0.24%
D&A (Non-Cash Add-back)	14.51M	18.8M	27.29M	41.13M	74.99M	87.81M	92.02M
EBIT	32.27M	21.85M	-23.92M	-48.02M	-278.55M	-15.57M	-61.13M
Net Interest Income+	-1.67M	-1.5M	-1.32M	-5.21M	-36.6M	-24.44M	-61.91M
Interest Income	37.2K	3.17M	240.98K	12.24M	17.66M	14.75M	5M
Interest Expense	1.71M	4.67M	1.56M	17.45M	54.26M	39.19M	66.91M
Other Income/Expense	-3.91M	-2.57M	-7.36M	-18.97M	-43.82M	-44.05M	-131.31M
Pretax Income+	26.34M	17.18M	-29.47M	-65.47M	-332.81M	-54.76M	-128.03M
Pretax Margin %	0.1%	0.05%	-0.07%	-0.11%	-0.44%	-0.07%	-0.13%
Income Tax+	6.48M	3.33M	-8.04M	-20.82M	-89.79M	6.01M	26.62M
Effective Tax Rate %	0.75%	0.81%	0.73%	0.68%	0.73%	1.11%	1.21%
Net Income+	19.86M	13.84M	-21.43M	-44.65M	-243.03M	-61M	-154.66M
Net Margin %	0.07%	0.04%	-0.05%	-0.07%	-0.32%	-0.08%	-0.16%
Net Income Growth %	-	-0.3%	-2.55%	-1.08%	-4.44%	0.75%	-1.54%
Net Income (Continuing)	19.86M	13.84M	-21.43M	-44.65M	-243.03M	-60.77M	-154.66M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	-96K	137K	0
EPS (Diluted)+	0.51	0.35	-0.55	-1.37	-5.84	-1.46	-2.98
EPS Growth %	-	-0.31%	-2.57%	-1.49%	-3.26%	0.75%	-1.04%
EPS (Basic)	0.51	0.35	-0.55	-1.37	-5.84	-1.46	-2.98
Diluted Shares Outstanding	39.29M	39.29M	39.29M	32.62M	41.6M	41.74M	51.87M
Basic Shares Outstanding	39.29M	39.29M	39.29M	32.61M	41.59M	41.74M	51.87M
Dividend Payout Ratio	0.12%	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	104.28M	79.09M	154.69M	766.06M	313.18M	250.33M	318.99M
Cash & Short-Term Investments	50.68M	12.34M	59.98M	582.23M	108.4M	63.74M	116.88M
Cash Only	50.68M	12.34M	59.98M	582.23M	100.24M	63.74M	116.88M
Short-Term Investments	0	0	0	0	8.16M	0	0
Accounts Receivable	51.2M	62.14M	86.01M	142.41M	156.01M	176.84M	190.76M
Days Sales Outstanding	67.62	64.06	73.06	84.89	75.25	79.93	72.55
Inventory	0	1.16M	2.52M	20.99M	6.37M	0	0
Days Inventory Outstanding	-	1.62	2.82	17.76	4.97	-	-
Other Current Assets	2.33M	2.29M	3.67M	-489K	36.03M	4.18M	6.19M
Total Non-Current Assets+	168.08M	169.89M	298.17M	1.08B	1.49B	1.46B	1.42B
Property, Plant & Equipment	9.2M	17.5M	12.49M	15.73M	19.59M	14.41M	17.85M
Fixed Asset Turnover	30.05x	20.24x	34.39x	38.92x	38.63x	56.03x	53.77x
Goodwill	78.78M	78.78M	163.39M	813.91M	923.44M	923.44M	923.44M
Intangible Assets	75.39M	70.33M	118.08M	236.44M	453.79M	423.89M	394.66M
Long-Term Investments	4.71M	3.29M	2.23M	7M	0	1.11M	1.76M
Other Non-Current Assets	0	0	1.58M	2.42M	2.35M	6.41M	11.31M
Total Assets+	272.36M	248.98M	452.85M	1.84B	1.8B	1.71B	1.74B
Asset Turnover	1.01x	1.42x	0.95x	0.33x	0.42x	0.47x	0.55x
Asset Growth %	-	-0.09%	0.82%	3.07%	-0.02%	-0.05%	0.02%
Total Current Liabilities+	73.72M	74.78M	226.44M	429.88M	476.34M	607.37M	674.76M
Accounts Payable	40.2M	39.22M	100.04M	144.42M	264.73M	354M	445.8M
Days Payables Outstanding	78.86	54.89	112.05	122.19	206.55	270.86	244.72
Short-Term Debt	12.85M	17.7M	56.2M	64.42M	89.54M	36.19M	81.14M
Deferred Revenue (Current)	0	0	1000K	1000K	1000K	0	1000K
Other Current Liabilities	15.24M	8.42M	39.68M	179.87M	66.84M	153.85M	112.32M
Current Ratio	1.41x	1.06x	0.68x	1.78x	0.66x	0.41x	0.47x
Quick Ratio	1.41x	1.04x	0.67x	1.73x	0.64x	0.41x	0.47x
Cash Conversion Cycle	-	10.79	-36.17	-19.54	-126.33	-	-
Total Non-Current Liabilities+	50.15M	74.87M	111.07M	210.76M	374.55M	215.24M	297.38M
Long-Term Debt	33.67M	45.65M	42.78M	143.72M	77.29M	51.6M	45.72M
Capital Lease Obligations	1.71M	4.6M	1.65M	2.04M	2.82M	752K	1.31M
Deferred Tax Liabilities	0	0	0	0	1.97M	1.72M	804K
Other Non-Current Liabilities	14.78M	24.61M	65.29M	63.34M	292.46M	161.16M	249.55M
Total Liabilities	123.87M	149.65M	337.51M	640.65M	850.88M	822.62M	972.14M
Total Debt+	48.23M	70.64M	101.73M	212.4M	171.65M	90.6M	129.68M
Net Debt	-2.45M	58.3M	41.75M	-369.83M	71.41M	26.86M	12.79M
Debt / Equity	0.32x	0.71x	0.88x	0.18x	0.18x	0.10x	0.17x
Debt / EBITDA	1.08x	1.83x	19.64x	-	-	1.18x	1.36x
Net Debt / EBITDA	-0.05x	1.51x	8.06x	-	-	0.35x	0.13x
Interest Coverage	17.73x	4.23x	-14.13x	-2.67x	-5.33x	-0.27x	0.05x
Total Equity+	148.49M	99.34M	115.35M	1.2B	953.24M	888.95M	771.41M
Equity Growth %	-	-0.33%	0.16%	9.43%	-0.21%	-0.07%	-0.13%
Book Value per Share	3.78	2.53	2.94	36.89	22.92	21.30	14.87
Total Shareholders' Equity	148.49M	99.34M	115.35M	1.2B	953.34M	888.81M	771.41M
Common Stock	93.88M	93.88M	130.29M	957.52M	957.52M	957.52M	1.01B
Retained Earnings	54.61M	5.45M	-21.43M	-15.56M	-258.59M	-319.59M	-474.25M
Treasury Stock	0	0	0	0	0	0	0
Accumulated OCI	0	5.45M	6.49M	261.24M	254.4M	250.59M	235.75M
Minority Interest	0	0	0	0	-96K	137K	0

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	39.55M	26.45M	46.14M	-97.26M	108.45M	162.55M	107.77M
Operating CF Margin %	0.14%	0.07%	0.11%	-0.16%	0.14%	0.2%	0.11%
Operating CF Growth %	-	-0.33%	0.74%	-3.11%	2.12%	0.5%	-0.34%
Net Income	19.86M	13.84M	-21.43M	-44.65M	-243.03M	-60.77M	-154.66M
Depreciation & Amortization	14.51M	18.8M	27.29M	41.13M	74.99M	87.81M	92.02M
Stock-Based Compensation	0	0	0	1.07M	2.95M	2.55M	5.3M
Deferred Taxes	6.48M	3.33M	-417K	-17.93M	-85.64M	10.05M	7.8M
Other Non-Cash Items	10.06M	15.41M	24.25M	-23.68M	288.64M	83.83M	45.5M
Working Capital Changes	-11.36M	-24.93M	16.45M	-53.21M	70.54M	39.08M	111.81M
Change in Receivables	-4.82M	-14.54M	-26.31M	-45.65M	-69K	-45.22M	-39.85M
Change in Inventory	0	0	0	0	0	0	0
Change in Payables	-12.36M	-9.49M	52.11M	35.96M	107.02M	82.72M	99.84M
Cash from Investing+	-10.92M	-9.93M	-61.59M	-351.05M	-349.78M	-53.9M	-62.62M
Capital Expenditures	-2.81M	-5.11M	-4.75M	-5.95M	-7.2M	-3M	-4.32M
CapEx % of Revenue	0.01%	0.01%	0.01%	0.01%	0.01%	0%	0%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	-8.12M	-4.38M	-12.56M	-13.47M	-42.49M	-59.06M	-58.29M
Cash from Financing+	-6.62M	-54.86M	62.05M	935.03M	-215.84M	-143.77M	9.11M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	-2.31M	-67.72M	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	0	0	36.41M	-142.1M	-172.89M	-64.06M	-78.23M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	31.85M	16.96M	28.83M	-116.67M	58.76M	106.89M	49.28M
FCF Margin %	0.12%	0.05%	0.07%	-0.19%	0.08%	0.13%	0.05%
FCF Growth %	-	-0.47%	0.7%	-5.05%	1.5%	0.82%	-0.54%
FCF per Share	0.81	0.43	0.73	-3.58	1.41	2.56	0.95
FCF Conversion (FCF/Net Income)	1.99x	1.91x	-2.15x	2.18x	-0.45x	-2.66x	-0.70x
Interest Paid	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.38%	11.17%	-19.97%	-6.77%	-22.54%	-6.62%	-18.63%
Return on Invested Capital (ROIC)	15.53%	9.76%	-10.54%	-7.04%	-23.33%	-0.83%	0.29%
Gross Margin	32.67%	26.34%	24.16%	29.54%	38.18%	40.93%	30.72%
Net Margin	7.19%	3.91%	-4.99%	-7.29%	-32.12%	-7.55%	-16.12%
Debt / Equity	0.32x	0.71x	0.88x	0.18x	0.18x	0.10x	0.17x
Interest Coverage	17.73x	4.23x	-14.13x	-2.67x	-5.33x	-0.27x	0.05x
FCF Conversion	1.99x	1.91x	-2.15x	2.18x	-0.45x	-2.66x	-0.70x
Revenue Growth	-	28.1%	21.37%	42.5%	23.58%	6.72%	18.83%

Revenue by Geography

	2021	2022	2023	2024
BRAZIL	531.57M	687.69M	718.3M	802.37M
BRAZIL Growth	-	29.37%	4.45%	11.70%
UNITED STATES	31.7M	14.34M	35.01M	94.21M
UNITED STATES Growth	-	-54.78%	144.23%	169.06%
ARGENTINA	5.88M	11.23M	11.77M	13.09M
ARGENTINA Growth	-	91.17%	4.81%	11.21%
MEXICO	11.04M	14.4M	12.74M	12.37M
MEXICO Growth	-	30.49%	-11.52%	-2.90%
Others Countries	21.89M	14.64M	14.65M	11.04M
Others Countries Growth	-	-33.13%	0.10%	-24.69%
NETHERLANDS	-	-	-	7.68M
NETHERLANDS Growth	-	-	-	-
MALTA	-	-	-	4.7M
MALTA Growth	-	-	-	-
PERU	-	4.46M	5.4M	4.56M
PERU Growth	-	-	21.06%	-15.53%
COLOMBIA	-	5.54M	5.3M	3.95M
COLOMBIA Growth	-	-	-4.26%	-25.62%
SWITZERLAND	8.12M	631K	182K	3.51M
SWITZERLAND Growth	-	-92.23%	-71.16%	1829.12%
CHILE	-	3.78M	4.21M	2.2M
CHILE Growth	-	-	11.35%	-47.77%
SOUTH AFRICA	2.13M	-	-	-
SOUTH AFRICA Growth	-	-	-	-

Frequently Asked Questions

Growth & Financials

Zenvia Inc. (ZENV) reported $1.10B in revenue for fiscal year 2024. This represents a 297% increase from $276.4M in 2018.

Zenvia Inc. (ZENV) grew revenue by 18.8% over the past year. This is strong growth.

Zenvia Inc. (ZENV) reported a net loss of $120.6M for fiscal year 2024.

Dividend & Returns

Zenvia Inc. (ZENV) has a return on equity (ROE) of -18.6%. Negative ROE indicates the company is unprofitable.

Zenvia Inc. (ZENV) generated $70.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.