Ci&t Inc · NYSE:CINT
Ci&t — Q3 2024 Earnings Presentation
21 slides from Ci&t's earnings presentation, Nov 14, 2024
Slide 1: CI&T Earnings Call 3Q24
CI&T EARNINGS CALL 32 investors .ciandt.com
Slide 2: Today's CI&T presenters
Hello, We are your CI&T presenters today: Cesar Bruno Stanley Eduardo Gon Guicardi Rodrigues Galvão Founder & CEO Founder & NAE Partner, CFO IR Director President
Slide 3: Q&A Session
Q&A SESSION Submit your question via email to investors@ciandt.com investors.ciandt.com
Slide 4: Safe Harbor and Non-IFRS Measures
SAFE HARBOR AND NON-IFRS MEASURES FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact that may
Slide 5: Agenda
Agenda 01 02 03 04 05 Highlights Business Our Results Q&A Cases People Driven
Slide 6: CI&T Culture Tenets
CI&T CULTURE TENETS We shape the future Excellence is our We master the with our clients standard infinite game Our partnerships forge new paths Excellence is the foundation of We quickly learn, adapt, and reinvent, and create what’s next. everything we do. thriving in perpetual innovation. Collabora
Slide 7: 3Q24 Financial Highlights
Net Revenue in 3Q24 R$622.2M 3Q24 +17.6% growth Financial year-over-year Highlights Adjusted EBITDA Margin (1) Cash Generated 19.5% R$ 295M from operating activities in 9M24 . (1) Adjusted EBITDA Margin is a non-IFRS financial measure. See disclosure regarding Non-IFRS measures.
Slide 8: Click to know more
Click to know more Click to know more Click to know more
Slide 9: Global Talent Network
GLOBAL TALENT NETWORK 520 6,755 CI&Ters 10.5% CI&Ters welcomed in Attrition ¹ the quarter People platform for growth Recognized for Certified for having 25% of “Good Employability ¹ Attrition: Employee voluntary attrition excluding employees the Board of Directors Practices for Disabled with less th
Slide 10: +10k Applications Talents
+10k 500 Applications Talents
Slide 11: Key Numbers
KEY NUMBERS 1M+ Lines of Code 80%+ Revenue using Flow 75%+ of CI&T using Flow 6.5k+ users 2k+ agents Award from Valor as one of the most innovative companies in Brazil
Slide 12: Results driven
CI&I Results driven
Slide 13: 3Q24 Results Sustainable Growth
3Q24 RESULTS SUSTAINABLE GROWTH Net Revenue R$ Million Net Revenue Growth at +17.6% Constant Currency (1) +10.0% +9.0% 622.2 3Q24 x 3Q23 565.7 529.1 3Q23 2Q24 3Q24 (1) Net revenue growth at constant currency is a non-IFRS financial measure. See disclosure regarding non-IFRS measures.
Slide 14: 9M24 Net Revenue Distribution
9M24 NET REVENUE DISTRIBUTION NET REVENUE BY GEOGRAPHY NET REVENUE BY INDUSTRY TOP CLIENT’S NET REVENUE SHARE % OF TOTAL % OF TOTAL % OF TOTAL APAC TOP OTHERS CLIENT 4% 10% 7% LIFE SCIENCES FINANCIAL 9% SERVICES 28% LATAM NORTH OTHER CLIENTS 41% AMERICA TECHNOLOGY AND 44% TELECOMMUNICATIONS 59% 11%
Slide 15: Consistently Nurturing Large Clients' Relationships
CONSISTENTLY NURTURING LARGE CLIENTS' RELATIONSHIPS Number of Multi-Million Accounts Revenue contribution in the last 12 months
Slide 16: 3Q24 Results: Adj. EBITDA & Margin
3Q24 RESULTS Adj. EBITDA & Adj. EBITDA Margin(1) R$ Million; % 19.5% Adj. EBITDA margin 18.5% +24.2% 121.4 97.8 3Q23 3Q24 (1) Adjusted EBITDA and Adjusted EBITDA Margin are non-IFRS financial measures. We calculate Adjusted EBITDA for the periods presented as Net Profit, plus net finance costs, income
Slide 17: 3Q24 Results: Adj. Net Income & Margin
3Q24 RESULTS Adj. Net Income & Adj. Net Income Margin(1) R$ Million; % Adj. Net Income Margin 9.1% 8.0% +32.9% 56.5 42.5 3Q23 3Q24 (1) Adjusted Net Profit and Adjusted Net Profit Margin are non-IFRS financial measures. We calculated Adjusted Net Profit, excluding components unrelated to the direct manag
Slide 18: 9M24 Results: Cash Generated from Operating Activities
9M24 RESULTS Cash Generated from Operating Activities R$ Million +15.9% 294.9 93.8% 254.5 Operating Cash Flow /Adjusted EBITDA (1) 9M23 9M24 (1) Adjusted Ebitda is a non-IFRS financial measure. See disclosure regarding Non-IFRS measures.
Slide 19: Business Outlook
NET REVENUE NET REVENUE GROWTH (Y-O-Y) Business For the 4Q24, For the full-year of 2024, Outlook In the range of: in the range of: R$620M to +0.5% to +2.0% R$655M at constant currency On a reported basis (Avg. FX rate of 5.55 BRL/USD in 4Q24) Adjusted EBITDA margin (1) in the range of: 18% to 19% No
Slide 20: Guidance Reaffirms a V-Shape Recovery and Sequential Growth in 2024
GUIDANCE REAFFIRMS A V-SHAPE RECOVERY AND SEQUENTIAL GROWTH IN 2024 2023 AND 2024 QUARTERLY RESULTS Net Revenue R$ Million QUARTER-OVER-QUARTER GROWTH ACTUAL RESULTS 4Q24 GUIDANCE, MIDPOINT OF THE RANGE Notes: These estimates are forward-looking statement. See Safe Harbor regarding Forward-looking S
Slide 21: Thank You
THANK YOU. ciandt.com