Telecomunicacoes Brasileiras SA

Telecomunicacoes Brasileiras SA

31.37
BRL
+1.82
(+6.16%)
1.53EPS
6.04P/E
1.06BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.32
11
3.38
3.64
1.47
3.94
4.1
3.91
4.21
5.12
6.13
6.1
6.66
6.08
Basic EPS, GAAP
-10.94
-8.81
-17.69
-17.61
-4.89
-4.44
-4.77
-1.56
-1.9
-1.95
-1.47
-0.77
1.51
1.71
Free Cash Flow per Basic Share
-25.34
-62.64
-37.01
-42.42
-0.91
-9.62
-6.11
1.3
1.15
0.49
0.21
1.79
0.71
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
8.85
0.14
-16.6
-37.95
11.65
7.32
33.04
22.79
20.99
19.26
16.5
17.16
17.18
16.58
Tangible Book Value per Share
7.79
-1.18
-18.14
-39.37
11.27
6.92
32.63
22.38
20.53
18.96
16.24
16.93
16.92
16.35
Basic Weighted Avg Shares
13
13
13
15
50
51
50
68
68
68
68
68
74
90
Sales/Revenue/Turnover
31
147
45
56
73
200
204
267
286
348
417
414
491
545
Operating Margin (%)
-245.29
-52.4
-414.65
-341.3
-332.36
-94.34
-59.66
-27.04
-33.07
-14.88
-17.43
2.96
45.78
39.58
Depreciation Expense
3
65
65
49
61
127
191
215
254
242
254
270
274
261
Net Income, GAAP
-146
-117
-236
-271
-244
-225
-238
-106
-163
-168
-127
-67
141
138
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
22.98
- -
Profit Margin (%)
-472.42
-80.05
-522.56
-483.25
-332.66
-112.62
-116.29
-39.81
-57.07
-48.43
-30.55
-16.07
28.62
25.25
Working Capital
287
11
101
316
134
154
945
1,016
1,133
1,207
1,327
1,461
1,943
2,226
LT Debt
- -
103
244
246
212
256
240
214
156
102
54
4
15
14
Total Equity
117
2
-219
-500
590
370
1,647
1,553
1,431
1,663
1,426
1,482
1,752
1,691
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
10.67
13.37
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
21.19
25.75
Return on Common Equity (%)
-76.89
-198.19
- -
- -
- -
-46.83
-23.55
-6.64
-8.62
-8.57
-6.49
-3.6
6.9
9.48

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
5
5
LT Borrowings
- -
- -
- -
LT Finance Leases
15
15
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
102
102
102
Market Capitalization
1,083
1,392
1,056

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,310
2,407
2,458
Cash, Cash Equivalents & STI
1,521
1,561
1,639
Accounts Receivable, Net
448
512
481
Inventories
- -
- -
- -
Total Current Liabilities
367
377
232
Payables & Accruals
- -
- -
- -
ST Debt
5
5
5
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.86%
3.25%
18.22%
Free Cash Flow
131.78%
113.96%
-57.14%
Net Income, GAAP
-37.88%
-65.28%
-311.06%
Sales/Revenue/Turnover
32.7%
13.31%
18.51%
Total Cash Common Dividend
- -
- -
-303.73%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
79
100
104
- -
414
2025
114
110
106
161
491
2026
135
143
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.96
-0.88
-0.92
- -
-0.77
2025
-0.13
-0.68
-0.36
2.19
1.51
2026
-0.72
0.35
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Tatiana Rubia Melo Miranda
Full Time Employees
485
Sector
Communications
Industry
Major telecommunications
Address
Edifício Capital Financial Center Brasilia DF Brazil 70610-440
IPO Date
Jan 24, 2011
Business
Telecomunicações Brasileiras S.A. - Telebras (Telebras) operates as a Brazilian state-controlled telecommunications provider, specializing in multimedia communication services and infrastructure solutions. Founded in 1972 and headquartered in Brasília, the company delivers core products and services including Telebras SAT, a high-capacity satellite broadband service; IP Telebras, providing dedicated internet connections to schools, universities, hospitals, and public institutions; L3VPN-MPLS for virtual private networks; Point-to-Point (P2P) data transmission circuits at national, metropolitan, and regional levels; Wifi Brasil tailored for government contracts with the Ministry of Communications; Point-to-Point TX (clear channel) for high-capacity backbone infrastructure; and SD-WAN Telebras for software-defined private networks; as well as leasing of satellite capacity, optical cables, routers, and satellite infrastructure. Telebras maintains a nationwide fiber optic backbone network spanning approximately 22,480 km with up to 1.6 Tbps capacity, primarily deployed on power lines and gas pipelines, serving federal public administration, states, municipalities, non-profits, and private telecom operators across Brazil. In recent developments, Telebras reported net revenue of BRL 414 million for 2024, reflecting a slight decline of 0.6% from 2023 amid ongoing investments in digital infrastructure, with quarterly gross revenue reaching BRL 144.9 million in 4Q24, up 18.9% year-over-year, and cash reserves strengthening to BRL 339 million by September 2025. The company formed a strategic alliance with Telco Systems in early 2025 to enhance Brazil's digital transformation through advanced edge connectivity and managed services. Additionally, Telebras unveiled a new brand identity in 2025, aligning with consistent revenue growth and improved cash flow to support expanded broadband access under national policies like the National Broadband Program (PNBL).