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Trevisa Investimentos S.A.

Trevisa Investimentos S.A.

LUXM4.SA
Trevisa Investimentos S.A.BR flagB3 S.A.
3.34
BRL
- -
- -
77.43MMarket 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
1.44
1.53
1.79
3.37
2.46
3.12
2.72
2.52
3.16
3.31
3.17
3.28
3.8
3.77
Basic EPS, GAAP
0.1
0.1
0.2
0.32
0.09
0.15
0.31
0.19
0.35
0.27
0.44
0.89
0.55
0.49
Free Cash Flow per Basic Share
0.12
-0.19
-0.28
-0.01
0.3
0.4
0.44
-0.12
0.06
0.17
0.2
-0.04
0.21
0.34
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.63
1.68
1.84
1.08
1.08
1.08
1.08
1.08
1.08
1.08
1.44
1.44
2.17
2.21
Tangible Book Value per Share
2.03
2.07
2.22
3.57
2.42
2.52
2.43
2.21
2.34
2.55
2.89
3.68
3.97
4.14
Basic Weighted Avg Shares
42
42
42
28
42
42
42
42
42
42
42
42
42
42
Sales/Revenue/Turnover
60
64
74
93
102
130
113
105
131
138
132
136
158
157
Operating Margin (%)
12.1
11.7
13.25
12.8
13.14
13.75
15.86
10.78
18.79
15.15
18.18
18.88
18.4
15.82
Depreciation Expense
9
9
10
15
17
15
15
16
16
15
13
16
19
19
Net Income, GAAP
4
4
8
9
4
6
13
8
14
11
18
37
23
21
Effective Tax Rate (%)
24.53
29.41
17
31.97
53.78
45.02
38.69
34.94
32.96
44.39
32.31
- -
28.5
32.08
Profit Margin (%)
7.07
6.41
11.36
9.64
3.8
4.8
11.46
7.65
10.96
8.16
14.04
27.21
14.44
13.1
Working Capital
-1
-4
-8
-11
-9
-1
23
18
-1
-1
-3
-1
24
22
LT Debt
24
29
45
44
40
37
31
21
10
4
2
5
17
16
Total Equity
84
86
93
99
101
105
101
93
98
106
120
153
171
172
Return on Invested Capital (%)
4.86
4.41
6.11
5.43
4.06
6.49
7.52
5.55
13.51
9.52
12.85
- -
11.66
9.05
Return on Capital (%)
6.18
5.21
8.88
9.96
5.82
8.5
16.68
11.76
22.56
19.88
31.11
- -
27.24
22.93
Return on Common Equity (%)
6.34
5.92
11.57
16.91
10.36
13.85
28.84
17.78
31.97
24.95
35.22
61.89
30.43
26.35

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
2
3
LT Borrowings
17
17
16
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
42
42
Market Capitalization
121
151
170

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
47
54
50
Cash, Cash Equivalents & STI
23
29
28
Accounts Receivable, Net
12
13
11
Inventories
- -
- -
1
Total Current Liabilities
24
30
27
Payables & Accruals
- -
- -
- -
ST Debt
2
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.7%
13.23%
11.38%
Free Cash Flow
-433.05%
-132.81%
-592.51%
Net Income, GAAP
26.47%
36.96%
-38.54%
Sales/Revenue/Turnover
8.69%
9.1%
15.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
34
31
33
39
136
2025
34
38
43
43
158
2026
33
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.06
0.07
- -
0.89
2025
0.19
0.08
0.17
- -
0.55
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Jorge Lindemann
Sector
Industrials
Industry
Marine Shipping
Address
Av. Padre Cacique, 320 Porto Alegre RS Brazil 90810-240
IPO Date
Dec 28, 2007
Website
trevisa.com.br
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Business
Trevisa Investimentos S.A. Trevisa Investimentos S.A. (LUXM4.SA) operates as a holding company focused on inland water transportation, forestry management, and commercial real estate leasing in Brazil. Through its primary subsidiary Navegação Aliança Ltda., the company provides bulk and general cargo transportation services via waterways, including cellulose, fertilizers, soybean meals, wheat, corn, clinker, mineral coal, wooden logs, grains, wood chips, and containerized general cargo; it operates a fleet of approximately 26-27 vessels with a total capacity of around 71,430 tons and maintains a shipyard in Taquari. Subsidiary Trevo Florestal Ltda. engages in regional reforestation with pine and eucalyptus forests in Rio Grande do Sul, biomass production from forest residues, and land investments, while affiliate Trevisa Operadora Portuária Ltda. supports port operations; the company also leases commercial rooms, vessels, and event auditoriums primarily serving agricultural, industrial, and logistics sectors in Brazil. Founded in 1930 and headquartered at Avenida Padre Cacique 320, 6th floor, Porto Alegre, Brazil, Trevisa Investimentos generates the majority of its revenue from navigation activities, which accounted for over 91% of consolidated net sales in recent periods, with total 2024 revenue at approximately R$136-144 million and operations centered in southern Brazil including ports and terminals for key commodities. Recent developments include reporting full-year 2024 earnings results in March 2025, maintaining stable revenue near R$136 million with a slight decline of 0.1% year-over-year amid strong net income growth of 100.8% to R$37 million, and ongoing fleet management with historical renewals such as six vessels in 2015 and expanded contracts for cellulose transport tied to regional mill expansions; the company continues emphasis on reducing seasonality through diversified cargo like clinker and cellulose since 2013 while supporting board activities including appointments noted in 2025.