Valid (B3: VLID3) financial statements
The consolidated income statement, balance sheet and cash flow statement of Valid for its last 10 fiscal years, as filed with the regulator, in millions of Brazilian reais. At the end of fiscal 2025 it had BRL 3,147m in total assets and BRL 1,707m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 2,063m | BRL 2,171m | BRL 2,256m | BRL 1,879m | BRL 2,198m | BRL 1,939m | BRL 2,008m | BRL 1,734m | BRL 1,574m | BRL 1,724m |
| Cost of sales | BRL 1,368m | BRL 1,394m | BRL 1,433m | BRL 1,210m | BRL 1,682m | BRL 1,596m | BRL 1,567m | BRL 1,311m | BRL 1,221m | BRL 1,277m |
| Gross profit | BRL 694.7m | BRL 777.1m | BRL 822.8m | BRL 669.6m | BRL 515.5m | BRL 342.8m | BRL 441.2m | BRL 423.3m | BRL 353.5m | BRL 446.7m |
| Operating profit | BRL 297.9m | BRL 478.2m | BRL 391.8m | BRL 302.7m | BRL 135.8m | −BRL 109.4m | BRL 130.4m | BRL 152.6m | BRL 93.7m | BRL 113.2m |
| Profit before tax | BRL 234.3m | BRL 435.9m | BRL 273.2m | BRL 116.1m | BRL 67.5m | −BRL 194.5m | BRL 69.8m | BRL 126.4m | BRL 64.4m | BRL 67.4m |
| Income tax | −BRL 34.4m | BRL 56.2m | BRL 62.5m | BRL 18.7m | BRL 9.6m | BRL 7.1m | BRL 16.1m | BRL 26.4m | BRL 36.7m | BRL 0.8m |
| Net profit | BRL 261.3m | BRL 380.9m | BRL 213.3m | BRL 24.5m | BRL 59.7m | −BRL 202.5m | BRL 54.3m | BRL 100.0m | BRL 27.7m | BRL 88.3m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 3,147m | BRL 2,944m | BRL 2,546m | BRL 2,663m | BRL 3,098m | BRL 2,869m | BRL 2,518m | BRL 2,247m | BRL 2,060m | BRL 2,075m |
| Current assets | BRL 1,600m | BRL 1,553m | BRL 1,267m | BRL 1,312m | BRL 1,327m | BRL 1,305m | BRL 1,082m | BRL 962.4m | BRL 859.5m | BRL 902.6m |
| Cash | BRL 699.2m | BRL 569.5m | BRL 422.0m | BRL 365.2m | BRL 390.0m | BRL 486.5m | BRL 318.5m | BRL 311.6m | BRL 296.9m | BRL 394.8m |
| Total liabilities | BRL 1,426m | BRL 1,122m | BRL 1,214m | BRL 1,391m | BRL 1,791m | BRL 1,756m | BRL 1,401m | BRL 1,159m | BRL 1,069m | BRL 1,083m |
| Current liabilities | BRL 660.4m | BRL 539.4m | BRL 551.2m | BRL 702.2m | BRL 854.3m | BRL 1,091m | BRL 631.8m | BRL 465.8m | BRL 448.1m | BRL 544.1m |
| Equity | BRL 1,707m | BRL 1,795m | BRL 1,298m | BRL 1,235m | BRL 1,259m | BRL 1,063m | BRL 1,099m | BRL 1,072m | BRL 979.0m | BRL 980.7m |
| Equity including minorities | BRL 1,721m | BRL 1,822m | BRL 1,331m | BRL 1,273m | BRL 1,307m | BRL 1,113m | BRL 1,117m | BRL 1,088m | BRL 990.7m | BRL 992.2m |
| Minority interests | BRL 14.0m | BRL 27.4m | BRL 32.8m | BRL 37.3m | BRL 47.7m | BRL 49.8m | BRL 18.2m | BRL 16.5m | BRL 11.7m | BRL 11.4m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 440.7m | BRL 438.2m | BRL 649.1m | BRL 544.2m | BRL 201.0m | BRL 284.5m | BRL 249.4m | BRL 200.7m | BRL 81.9m | BRL 223.1m |
| Investing cash flow | −BRL 179.4m | BRL 38.7m | −BRL 120.2m | −BRL 83.1m | −BRL 228.2m | −BRL 203.9m | −BRL 118.5m | −BRL 61.8m | −BRL 94.0m | −BRL 30.4m |
| Financing cash flow | −BRL 82.5m | −BRL 390.4m | −BRL 348.6m | −BRL 486.0m | −BRL 84.6m | BRL 62.7m | −BRL 131.6m | −BRL 145.8m | −BRL 92.5m | −BRL 24.6m |
| Dividends paid | −BRL 137.7m | −BRL 131.3m | −BRL 97.7m | −BRL 23.6m | −BRL 2.0m | −BRL 44.3m | −BRL 42.3m | −BRL 31.1m | −BRL 38.1m | −BRL 61.6m |
Where each figure comes from
From the annual financial statements (DFP) that Valid files with the CVM, the Brazilian securities regulator. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Valid page.
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Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.