The b 3 (B3SA3) reported net recurring net income of R$1.2 billion, which is a 6% increase over the same period in 2020, according to data released Thursday (17).
Looking at non-recurring items, profit was R$1 billion, down slightly by 0.5% from the year-over-year comparison.
According to the company, the result was affected by an annual impairment test, which recorded a decrease of R$ 4.1 million related to the position of derivative exposure (CED).
Net revenue decreased by 4.4% compared to the previous year, to R$2.1 billion, due to lower revenues from “listed” (-5.5%) and “finance infrastructure” (-12, 7%).
In the “Equity and Equity” category, which accounted for 45.5% of total B3 revenue in the quarter, there was a decrease of 4.4%, while in “Balcão”, which accounted for 12.3% of total revenue, the company grew by 8.8%.
However, the most notable event was “Technology, Data and Services”, whose revenue grew by 21.5% to R$371.7 million.
Recurring Ebitda (EBITDA) totaled R$1.6 billion, 4.3% lower than the last three months of 2020. Ebitda’s recurring margin decreased to 75.9%.
In the equities segment, ADTV contracts totaled R$31.5 billion, remaining stable compared to the fourth quarter of 2020. In the listed derivatives segment, ADV totaled 4.3 million contracts, also in line with the result one year before.
B3 ended the quarter with total assets of R$52.5 billion, up 13.4% from December 2020.
In terms of liabilities, total debt on B3 was R$14.3 billion at the end of the quarter (77% long-term and 23% short-term), which is double the Ebitda recurring rate over the past 12 months.
Shareholders’ equity at the end of December amounted to R$22.4 billion, consisting mainly of a capital of R$12.5 billion and a capital reserve of R$8.3 billion.
