Fernando Campos
Investor Relations, B3
Replay available
B3 Sa Brasil Unsp/Adr (BOLSY) Q1 2025 Earnings Call
B3 Sa Brasil Unsp/Adr (OTC: BOLSY) Q1 2025 earnings conference call, held 2025-05-09. Replay captured from the company's public earnings webcast.
Hosted by
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:04.440 Hello, I'm Fernando Campos from B3's investor relations team, and welcome to another 00:00:04.440 -- 00:00:09.571 earnings event, where André Milanese, B3's CFO, and I will analyze the results 00:00:09.571 -- 00:00:14.682 of the first quarter of 2025. André will start by providing an overview of the quarter. 00:00:14.682 -- 00:00:16.366 Thanks, Fernando. 00:00:16.366 -- 00:00:21.593 Well, we had another positive quarter with an 8% increase in gross 00:00:21.593 -- 00:00:25.838 revenues when comparing to the first quarter of last year. 00:00:25.838 -- 00:00:30.964 This is a result of our business model that allows the company to grow in different 00:00:30.964 -- 00:00:36.031 scenarios. In this context, it is worth highlighting the performances of the 00:00:36.031 -- 00:00:40.937 derivatives and fixed income segments, which benefit from higher interest rates and the 00:00:40.937 -- 00:00:44.902 high volatility that we had during the first quarter of the year. 00:00:44.902 -- 00:00:50.287 which more than offset the still challenging environment for equities. 00:00:50.287 -- 00:00:55.491 Our net income reached R$1.1 billion in the quarter, and our earnings per 00:00:55.491 -- 00:00:57.933 share were R$0.21 00:00:57.933 -- 00:01:02.257 per share, which represented an increase of 25% 00:01:02.257 -- 00:01:07.862 when compared to the first Q of 24, which reflects also 00:01:07.862 -- 00:01:13.126 the more intense activity that the company has been having on its 00:01:13.126 -- 00:01:19.034 buyback programs. Fernando will now talk a little bit more about the operational performance 00:01:19.034 -- 00:01:24.482 that explains this dynamic that I just commented on revenues. 00:01:24.482 -- 00:01:30.091 Just remembering that this was the first...