B3 SA - Brasil Bolsa Balcao (BSP:B3SA3)
R$ 10.32 -0.14 (-1.34%) Market Cap: 56.57 Bil Enterprise Value: 55.17 Bil PE Ratio: 14.76 PB Ratio: 2.89 GF Score: 95/100

Q3 2021 B3 SA Brasil Bolsa Balcao Earnings Call Transcript

Nov 12, 2021 / 01:00PM GMT
Release Date Price: R$13.05 (-0.76%)
Operator

Good morning, ladies and gentlemen, and welcome to the audio conference call of B3's Earnings Results for the Third Quarter of 2021. (Operator Instructions) As a reminder, this conference is being recorded and broadcasted live via webcast. The replay will be available after the event is concluded.

I would now like to turn the conference over to

Marcela Bretas, Head of IR and Strategic Planning.

Marcela Bretas;o;IR
B3 S.A. - Brasil, Bolsa, BalcÃ

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Thank you. Good morning, everyone. Thanks for joining our call. This quarter was very important to B3. We had several important strategic advances over the last couple of months that I'd like to share with you. So in October, we announced the acquisition of 100% of Neoway. Neoway is one of the largest data and analytics and artificial intelligence companies in Brazil. For this acquisition, we are paying BRL 1.8 billion, and it's in line with our strategy to diversify revenues and look for companies that have attractive growth opportunities within what we consider to

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