Business
JSL S A : Earnings Release 4Q24
JSL S A : Earnings Release
About this update from Jsl S.a.
[{"type":"text","content":"São Paulo, March 24, 2025 - JSL S.A. (B3: JSLG3) (\"JSL\") announces its results for 4Q24.\n 2024 RESULTS REFLECT SCALE TRANSFORMATION AND CONSOLIDATION OF THE\n NEW LEVELS OF MARGINS AND PROFITABILITY\n • Gross revenue reached R$10.7 billion in 2024, up 20% over the previous year (organic growth of 16%); stable growth pace even at the current scale level - above IPO´s plan\n o Asset-light operations reach 54% of the revenue, growing 18% Y/Y, showing a greater focus on asset-light projects\n • Adjusted EBITDA stood at R$ 1.7 billion for the year, up 16% compared to 2023, with a solid 19.4% margin, supported by the maturity of implemented projects and a strong focus on efficiency.\n • Adjusted Net Income of R$190.1 million in 2024, with potential for net margin expansion following our deleveraging strategy.• New contracts reached R$ 886 million in 4Q24, with an average term of 49 months, contributing an average of R$ 18 million in monthly revenue, which supports organic growth. For the year, total new contracts amounted to R$ 5.4 billion.\n • Free cash flow after growth of R$ 521.1 million in 2024 - even with a total capex of R$1.1 billion that will still contribute to cash generation\n • TIME magazine included JSL in its ranking of the \"World's Best Companies for Sustainable Growth,\" recognizing the company's balance between financial performance and environmental practices.\n Financial Highlights Summary\n 4Q24\n 4Q23\n ▲ AY/ Y\n (R$ million)\n 3Q24\n ▲ Q/ Q\n 2024\n 2023\n ▲ Y / Y\n Gross Revenue\n 2,937.5\n 2,555.1\n 15.0%\n 2,706.6\n 70.8\n 2,284.4\n 2,777.4\n 5.8%\n 10,686.0\n 8,929.8\n 19.7%\n Gross Revenue from Services Gross Revenue from Asset Sales\n 2,856.3\n 2,462.2\n 81.3\n 92.9\n 16.0% -12.6%\n 5.5% 14.8%\n 10,382.8\n 8,645.1 20.1%\n 303.2\n 284.7 6.5%\n Net Revenue\n 2,491.0\n 2,161.4\n 15.2%\n 2,352.3\n 5.9%\n 9,056.3\n 7,574.6\n 19.6%\n Net Revenue from Services\n 2,411.3\n 2,071.5\n 16.4%\n 5.6%\n 8,762.4\n 7,299.0\n 20.0%\n Net Revenue from Asset Sales\n 79.6\n 89.9\n -11.4%\n 67.9\n 17.3%\n 293.9\n 275.7\n 6.6%\n EBIT\n 266.4\n 287.3\n -7.3%\n 292.1\n -8.8%\n 1,210.5\n 1,281.4\n -5.5%\n Margin (% NR from Services)\n 11.0%\n 13.9%\n -2.8 p.p.\n 12.8%\n -1.7 p.p.\n 13.8%\n 17.6%\n -3.7 p.p.\n Net Income\n 22.7\n 72.9\n -68.8%\n 43.8\n -48.2%\n 207.3\n 351.7\n -41.1%\n Margin (% NR)\n 0.9%\n 3.4%\n -2.5 p.p.\n ...