B3 Sa - Brasil, Bolsa, Balcao · BMFBOVESPA:B3SA3

B3 Sa - Brasil, Bolsa, Balcao — B3 Sa - Brasil, Bolsa, Balcao — Q3 2023 Earnings Presentation

17 slides from B3 Sa - Brasil, Bolsa, Balcao's earnings presentation, Nov 10, 2023

  1. Slide 1: 3Q23 Earnings Presentation

    3Q23 Earnings Presentation Investor Relations

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation may contain certain statements that express the management’s expectations, beliefs and assumptions about future events or results. Such statements are not historical fact, being based on currently available competitive, financial and economic data, and on

  3. Slide 3: Highlights: Operational Performance

    Highlights Operational Performance 3Q23 3Q23 / 3Q22 3Q23 / 2Q23 Listed - Equities ADTV (R$ millions) 23,773 -9.1% -11.6% Equities Average Fee (bps) 3.348 -0.058 bps 0.047 bps ADV (thousands of contracts) 3,283 -1.8% 5.6% Stock Indices Average RPC (R$) 0.958 4.5% -2.2% ADV (thousands of contracts) 5,

  4. Slide 4: Highlights: Financial Performance

    Highlights Financial Performance (R$ million) 3Q23 3Q23 / 3Q22 3Q23 / 2Q23 Total Revenues 2,490.1 -0.8% 0.5% Listed 1,489.4 -8.1% -2.3% OTC 376.2 14.4% 3.0% Infrastructure for financing 118.2 7.3% 4.9% Technology, data and services 495.3 10.8% 4.7% Reversal of provisions 10.9 290.5% 484.4% Net Reven

  5. Slide 5: Listed Equities (1/2)

    LISTED EQUITIES | 36% of total revenues Listed Equities (1/2) Results 3Q23 Revenue distribution (R$ million) HIGHLIGHTS 3Q23 / 3Q22: Reduction of trading and post-trading revenue reflects lower 3Q23 (R$ million) Δ 3Q22 Δ 2Q23 trading volumes and lower margin 902 -10% -3% Turnover closed at 134%, bel

  6. Slide 6: Listed Equities (2/2)

    LISTED EQUITIES Listed Equities (2/2) Results 3Q23 Average Outstanding Position in the Equities Depository HIGHLIGHTS 3Q23 / 3Q22: (R$ billion) Increase of 3% of the position outstanding in the equities depository, due to the higher companies’ market cap 2,876 2,792 2,694 1,101 (38%) 1,035 (37%) 1,0

  7. Slide 7: Interest Rates, FX and Commodities

    LISTED DERIVATIVES | 24% of total revenues Interest Rates, FX and Commodities Results 3Q23 Revenue distribution (R$ million) HIGHLIGHTS 3Q23 / 3Q22: 5% decrease in segment revenues, mainly reflecting the FX derivatives 3Q23 (R$ million) Δ 3Q22 Δ 2Q23 performance, partially offset by Interest Rate in

  8. Slide 8: OTC

    OTC | 15% of total revenues OTC Results 3Q23 Revenue distribution (R$ million) HIGHLIGHTS 3Q23 / 3Q22: 3Q23 (R$ million) Δ 3Q22 Δ 2Q23 Fixed income instruments 376 +14% +3% Increase of 13% in revenue: i) Growth of 3% in the issuances of bank funding instruments and 376 7% in the average outstanding

  9. Slide 9: Infrastructure for Financing

    INFRASTRUCTURE FOR FINANCING | 5% of total revenues Infrastructure for Financing Results 3Q23 Revenue distribution (R$ million) HIGHLIGHTS 3Q23 / 3Q22: The number of vehicles sold increased by 3%, while the number of 3Q23 (R$ million) Δ 3Q22 Δ 2Q23 financed vehicles grew by 10%, with a 19% increase

  10. Slide 10: Technology, Data and Services

    TECHNOLOGY, DATA AND SERVICES | 20% of total revenues Technology, Data and Services Results 3Q23 Revenue distribution (R$ million) HIGHLIGHTS 3Q23 / 3Q22: Increase of 11% in segment revenue, explained by: 3Q23 (R$ million) Δ 3Q22 Δ 2Q23 506 +11% +5% i) Growth of 9% in the average number of customers

  11. Slide 11: Adjusted Expenses (R$ million)

    Adjusted Expenses1 (R$ million) Adjusted personnel² Data processing Third-party services Others³ (+8.8%): annual adjustment of (+10.6%): consolidation of (-18.0%): non-recurring (-4.0%) salaries and medical Neurotech and increased use consultancy expenses in 3Q22 assistance, and consolidation of clo

  12. Slide 12: Financial Leverage and Debt Schedule

    Financial Leverage and Debt Schedule Debt Amortization Schedule (R$ billion) Financial Highlights 11.6 Cash and Financial Investments (R$ million) 8.6 3.1 6,494 1,091 5,403 16,978 10,485 3Q23 5,940 954 4,985 16,515 10,575 2Q23 Short-term Long-term Total Debt Cetip Lux Loan Bond Debentures 7,788 1,18

  13. Slide 13: Financial Highlights: Cash Generation and Destination

    Financial Highlights Cash Destination – 9M23 (R$ million) Cash Generation (R$ million) R$ million 9M23 9M22 4,955 Adj. net cash from operating activities¹ 5,987 5,179 4,195 (760) Net cash from investment activities² 15 (38) Net cash from financing activities before (1,047) (2,836) distributions³ (1,

  14. Slide 14: Appendix

    Appendix

  15. Slide 15: Financial Statements: Adjusted Expenses

    Financial Statements Adjusted Expenses (In R$ millions) 3Q23 3Q22 3Q23/3Q22 (%) 2Q23 3Q23/2Q23 (%) Expenses (902.2) (844.0) 6.9% (859.0) 5.0% (+) Depreciation and amortization 281.6 256.1 10.0% 268.9 4.7% (+) Long-term stock-based compensation 41.6 28.9 44.2% 35.6 16.9% (+) Provisions (recurring and

  16. Slide 16: Financial Statements: Recurring EBITDA and Net Income

    Financial Statements Recurring EBITDA (In R$ millions) 3Q23 3Q22 3Q23/3Q22 (%) 2Q23 3Q23/2Q23 (%) EBITDA 1,627.6 1,669.9 -2.5% 1,640.2 -0.8% (-) Other non-recurring expenses (10.9) - - - (11.4) (+) M&A expenses 1.0 1.8 -42.7% 3.2 -67.2% Recurring EBITDA 1,617.7 1,671.7 -3.2% 1,632.0 -0.9% Recurring

  17. Slide 17: TKS!

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