Valid Soluções S.A.

Valid Soluções S.A.

VSSPY
Valid Soluções S.A.US flagOther OTC
4.23
USD
- -
- -
331.44MMarket Cap
Valid Soluções S.A.
VSSPY
(Other OTC)

Recent

price

4.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
13.15
14.37
14.46
18.92
21.06
25.24
26.24
22.68
24.24
28.09
27.72
20.67
23.61
28.18
27.14
26.23
25.58
Revenue per Share
1.38
1.84
1.66
1.48
1.79
2.05
1.34
0.4
1.4
0.76
-2.89
0.76
0.31
2.67
4.76
3.32
3.1
Basic EPS, GAAP
1.29
1.37
1.85
0.57
1.63
1.96
1.91
0.51
1.75
1.88
2.23
1.14
5.69
7.47
4.49
3.98
3.12
Free Cash Flow per Basic Share
0.13
0.2
1.44
0.55
0.54
0.47
0.37
0.36
0.15
- -
- -
- -
- -
- -
0.31
- -
- -
Dividend per Share
4.52
5.92
5.8
8.33
9.12
11.42
11.28
13.03
12.64
12.65
10.04
12.83
12.84
12.78
12.78
13
13.73
Book Value per Share
4.95
5.5
5.71
5.83
6.06
5.38
5.54
5.37
5.04
4.83
3.47
5.27
7.62
8.43
13.95
11.8
11.75
Tangible Book Value per Share
58
61
62
62
62
65
66
69
72
71
70
78
80
80
80
79
79
Basic Weighted Avg Shares
757
874
897
1,175
1,296
1,637
1,724
1,574
1,734
2,008
1,939
1,616
1,879
2,256
2,171
2,063
2,009
Sales/Revenue/Turnover
18.18
17.63
18.03
11.17
14.27
11.49
8.54
8.23
8.96
8.37
2.22
14.26
19.55
19.9
17.37
15.76
16.41
Operating Margin (%)
31
27
33
51
64
88
112
113
117
135
152
153
144
121
103
119
120
Depreciation Expense
80
112
103
92
110
133
88
28
100
54
-202
60
24
213
381
261
244
Net Income, GAAP
28.45
23.1
31.67
23.7
26.36
26.65
1.21
56.91
20.85
23.03
- -
9.9
16.12
22.9
12.9
- -
47.69
Effective Tax Rate (%)
10.51
12.8
11.47
7.81
8.5
8.13
5.12
1.76
5.77
2.7
-10.44
3.69
1.3
9.46
17.54
12.67
12.13
Profit Margin (%)
193
229
148
363
315
434
358
411
497
450
214
472
610
716
1,013
940
815
Working Capital
108
136
264
393
358
583
475
550
617
670
551
820
585
538
483
618
561
LT Debt
455
503
512
543
591
1,078
992
991
1,088
1,117
1,113
1,307
1,273
1,331
1,822
1,721
1,724
Total Equity
15.86
16.82
13.24
10.55
13.24
9.41
7.96
3.09
6.57
6.43
- -
8.2
12.85
16.26
14.5
- -
- -
Return on Invested Capital (%)
24.17
25.44
17.41
14.05
14.17
14.58
10.14
3.4
10.98
5.51
- -
9.23
7.81
16
26.33
- -
32.12
Return on Capital (%)
30.58
36.07
28.56
20.9
20.42
20.44
11.92
3.37
11.06
6
-25.2
7
2.42
20.86
37.26
25.55
20.63
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
78
167
180
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
78
78
78
Market Capitalization
1,684
1,663
1,728

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,452
1,600
1,432
Cash, Cash Equivalents & STI
532
739
646
Accounts Receivable, Net
448
452
402
Inventories
228
228
208
Total Current Liabilities
463
660
617
Payables & Accruals
- -
- -
- -
ST Debt
78
167
180
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.47%
10.15%
-5.55%
Free Cash Flow
54.84%
69.04%
-12.78%
Net Income, GAAP
27.03%
126%
-31.41%
Sales/Revenue/Turnover
3%
2.18%
-5.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
484
518
580
589
2,171
2025
501
490
540
531
2,063
2026
447
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.8
0.99
1.13
0.79
4.76
2025
0.93
0.69
0.62
1.08
3.32
2026
0.71
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.02
-0.02
0.31
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Valid Soluções S.A. (VSSPY) operates as a leading provider of secure identification, payment, and connectivity solutions for the digital society, primarily in Brazil with operations spanning more than 15 countries including the United States, Argentina, Spain, South Africa, Mexico, and others. Founded in 1957 and headquartered in São Paulo, Brazil, the company delivers integrated products and services across three core verticals: ID & Digital Government, Banking & Payments, and Trusted Connectivity; these encompass chip and magnetic stripe payment cards, gift cards, check printing, invoices, bank statements, radio frequency identification and contactless cards, mobile payment solutions; secure identification systems including data capture, biometric recognition, fingerprints, official documents such as driver's licenses and national IDs, smart city platforms, traceable stamps, and digital certification services like e-CPF, e-CNPJ, NF-e, and SSL; as well as mobile connectivity offerings featuring SIM card issuance, NFC, TSM, HCE technologies for digital mobility, IoT solutions, and subscription management for telecom providers. Valid serves over 1,200 clients worldwide, handling secure transactions for nearly 1 billion connected devices annually, and ranks as Brazil's largest document issuer and the fifth-largest global SIM card issuer with approximately 6,000 employees. Recent developments include consistent growth in new businesses at 30% year-over-year as of third-quarter 2025, with these segments representing 15% of revenue; completion of a R$150 million financing with FINEP at TR + 3% cost over a 13-year term, with 40% disbursed; strategic acquisitions such as Fundamenture to bolster global chip production capabilities across five continents and VMark in the United States for card and data solutions; and ongoing expansions in digital government projects like biometric recognition and digital IDs in partnership with Brazilian state governments including Paraná, Piauí, and Espírito Santo.

Company News

APIChat
  • Valid Soluções S.A. (VSSPY) Q1 2026 Earnings Call Transcript

  • Valid Soluções S.A. (VSSPY) Q4 2025 Earnings Call Transcript