Equifax do Brasil S.A.

CIK:0001956746|SEC Filings

Consolidated Statements of Comprehensive Profit or Loss - BRL (R$) R$ in Thousands	7 Months Ended	12 Months Ended
	Aug. 07, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Income Statements, Captions [Line Items]
Net revenue from services		R$ 320,376
Cost of services rendered		(147,359)
Gross profit (loss)		173,017
Operating expenses
Selling expenses		(30,595)
General and administrative expenses		(75,709)	R$ (3,353)	R$ (2,988)
Other income, net		31,221	14,550	5,048
Fair value gains (losses) on equity investments at FVPL		40,460	66,709	(352,077)
Operating profit (loss)		138,394	77,906	(350,017)
Financial income		33,606	398	73
Financial expenses		(34,472)	(889)	(1)
Finance income (expense), net		(866)	(491)	72
Share of net loss of joint venture accounted for using the equity method		(6,378)
Profit (loss) before income tax and social contribution		131,150	77,415	(349,945)
Income tax and social contribution
Income tax benefit (expense)		86,683	(25,387)	119,981
Profit for the period/year		217,833	52,028	(229,964)
Profit attributable to:
Total comprehensive profit (loss) for period		R$ 217,833	R$ 52,028	R$ (229,964)
Earnings per share
Basic earnings (loss) per share		R$ 22.77	R$ 2.36	R$ (8.78)
Diluted earnings (loss) per share		R$ 22.77	R$ 2.36	R$ (8.78)
Boa Vista Servicos S A [member]
Condensed Income Statements, Captions [Line Items]
Net revenue from services	R$ 494,615		R$ 872,293	R$ 751,282
Cost of services rendered	(228,167)		(369,293)	(368,952)
Gross profit (loss)	266,448		503,000	382,330
Operating expenses
Selling expenses	(51,945)		(69,116)	(60,329)
General and administrative expenses	(164,213)		(218,302)	(206,574)
Other income, net	36,072		0	0
Operating profit (loss)	86,362		215,582	115,427
Financial income	102,741		154,894	136,958
Financial expenses	(19,006)		(32,269)	(16,229)
Finance income (expense), net	83,735		122,625	120,729
Share of net loss of joint venture accounted for using the equity method	(3,010)		0	0
Profit (loss) before income tax and social contribution	167,087		338,207	236,156
Income tax and social contribution
Income tax benefit (expense)	(59,064)		(40,457)	(60,959)
Profit for the period/year	108,023		297,750	175,197
Profit attributable to:
Owners of the Company	108,023		297,750	175,197
Other comprehensive income	0		0	0
Total comprehensive profit (loss) for period	108,023		297,750	175,197
Total comprehensive income attributable to:
Owners of the Company	R$ 108,023		R$ 297,750	R$ 175,197
Earnings per share
Basic earnings (loss) per share	R$ 0.2037		R$ 0.5607	R$ 0.332
Diluted earnings (loss) per share	R$ 0.2023		R$ 0.5565	R$ 0.329

Consolidated Statements of Cash Flows - BRL (R$)
R$ in Thousands

7 Months Ended

12 Months Ended

Aug. 07, 2023

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Operating activities

Profit (loss)

R$ 217,833

R$ 52,028

R$ (229,964)

Adjustments to reconcile profit (loss) with the net cash generated by (used in) operating activities:

Deferred tax

(122,748)

22,681

(119,706)

Depreciation and amortization

74,391

(Gains) losses on equity investments

(37,983)

(66,709)

352,078

Non-cash management services

(92)

Non-cash finance costs

3,455

877

Changes in operating assets:

Trade receivable

9,484

Current tax assets

13,654

Dividends receivable and other current assets

16,867

(8,184)

(3,524)

Other tax assets

(3,503)

Long-term prepaid expenses and other noncurrent assets

(24,073)

116

Changes in operating liabilities:

Trade payables and other current liabilities

(16,911)

1,841

821

4,044

145

(476)

Cash generated by (used in) operating activities

134,418

2,698

(644)

Investing activities

Acquisitions of property and equipment

(1,990)

Acquisitions of intangible assets

(110,793)

Payments for business combinations, net of cash acquired

(1,317,120)

Sale of equity investment

33,787

Net cash (used in) investing activities

(1,396,116)

Financing activities

Capital increase

2,497,252

280

Return of capital to common shareholders

(1,075,000)

Dividends paid

(2,910)

Net cash generated by (used in) financing activities

1,422,252

(2,630)

Increase (decrease) in cash and cash equivalents

160,554

2,698

(3,274)

Cash and cash equivalents at beginning of year

R$ 3,541

3,541

843

4,117

Cash and cash equivalents at end of year

164,095

3,541

843

Boa Vista Servicos S A [member]

Operating activities

Profit (loss)

108,023

297,750

175,197

Adjustments to reconcile profit (loss) with the net cash generated by (used in) operating activities:

Depreciation and amortization

115,345

195,583

188,236

Financial expense on loans, borrowings and debentures

702

4,942

8,097

Transaction costs on loans and debentures

1,010

1,504

Unwinding of the time value of money

12,033

1,218

470

Expected credit losses on accounts receivable

3,477

815

1,507

Provisions for civil, labor and tax losses

16,581

11,550

21,011

Accrued interest and fines related to provision for contingencies

4,094

1,487

Loss on disposal of property and equipment

1,490

6,436

4,404

Impairment losses on non-financial assets

23,360

Labor obligations – Business combination

30,829

33,151

Share of net loss of joint venture accounted for using the equity method

3,010

Gain on loss of control of subsidiary

(36,072)

Write - off of leases

(7,541)

(38)

Change in fair value of contingent consideration

20,676

(79,538)

Others

(183)

(1,204)

360

Expenses with restricted shares plan

1,404

1,006

2,681

Income tax and social contribution - current and deferred

59,064

40,457

60,959

Changes in operating assets:

Current tax assets

(3,374)

(41,749)

(7,257)

Accounts receivable

8,748

(16,578)

(6,655)

Judicial deposits

(1,405)

(10,859)

Related parties

(1,243)

260

(276)

Prepaid expenses

(2,892)

(4,112)

1,253

Indemnification asset

(13,333)

478

Other assets

3,888

(3,261)

1,221

Changes in operating liabilities:

Accounts payable to suppliers

2,136

14,429

(9,451)

Labor obligations, vacation and social charges

(78,396)

36,625

(1,191)

Taxes payable

(37,110)

20,970

(7,323)

Related parties

145

6,104

(242)

Advances from customers

3,229

(2,366)

847

Other accounts payable

13,236

(1,197)

(225)

Provisions

(9,044)

(7,205)

(4,843)

Cash generated by operating activities

169,479

599,160

408,706

Income tax and social contribution paid

(13,470)

(81,918)

(47,478)

Cash generated by (used in) operating activities

156,009

517,242

361,228

Investing activities

Acquisitions of property and equipment

(5,413)

(1,293)

(2,683)

Acquisitions of intangible assets

(143,448)

(260,179)

(202,533)

Cash effect on loss of control of subsidiary

(15,904)

(113,655)

Payments for business combinations

(84,780)

(8,000)

Net cash (used in) investing activities

(249,545)

(261,472)

(326,871)

Financing activities

Capital increase

48,488

Proceeds from funding of loans, borrowings, leases and debentures

2,625

4,213

Payment of loans, borrowings, leases and debentures

(2,377)

(73,659)

(102,580)

Interest paid on loans, borrowings and debentures

(4,624)

(4,294)

Costs paid on loans, borrowings and debentures

(68)

(161)

Share issuance costs

(1,018)

Dividends and interest on net equity paid

(120,900)

(38,169)

(15,008)

Treasury shares

(4,498)

(9,657)

Net cash generated by (used in) financing activities

(127,775)

(123,552)

(70,360)

Increase (decrease) in cash and cash equivalents

(221,311)

132,218

(36,003)

Cash and cash equivalents at beginning of year

1,382,268

Cash and cash equivalents at end of year

1,174,989

1,382,268

Cash and cash equivalents at beginning of year

^[1]

1,396,300

R$ 1,396,300

1,264,082

1,300,085

Cash and cash equivalents at end of year

^[1]

R$ 1,174,989

R$ 1,396,300

R$ 1,264,082

[1]	Includes R$0 and R$14,032 as of August 7, 2023 and December 31, 2022, respectively, of cash and cash equivalents classified as assets held for sale (see Note 13)

Consolidated Statements of Financial Position - BRL (R$) R$ in Thousands	Dec. 31, 2023	Aug. 07, 2023	Dec. 31, 2022
Non-current assets
Trade receivables, net	R$ 5,120
Judicial deposits	28,097
Other tax assets	139
Deferred tax asset - income tax and social contribution	34,129
Interest in joint venture	184,011
Property and equipment	15,030
Intangible assets	3,429,925
Financial assets at FVPL			R$ 386,950
Prepaid expenses	180		1,120
Total non-current assets	3,696,631		388,070
Current assets
Cash and cash equivalents	164,095		3,541
Trade receivables, net	129,312
Prepaid expenses	12,060		13
Trade receivable - related parties	1,776
Income tax and social contributions	62,922
Other tax assets	690
Dividends receivable and other current assets	11,098		12,480
Total current assets	381,953		16,034
Total assets	4,078,584		404,104
Non-current liabilities
Lease liability	3,523
Trade payables - related parties	188,377
Labor obligations	7,069		0
Payables for business combinations	4,604
Taxes payable	52,366		5,350
Provisions	23,009
Borrowings	10,173		6,718
Deferred tax liabilities	405,622		120,691
Other noncurrent liabilities	2		2
Total non-current liabilities	694,745		132,761
Current liabilities
Trade payable to suppliers	55,949
Lease liability	4,133
Labor obligations	46,941		34
Trade payables - related parties	17,376
Payables for business combinations	4,074
Advances from customers	1,472
Income tax and social contribution	4,942
Provisions	685		2,435
Taxes payable	9,709
Other liabilities	6,447		1,953
Total current liabilities	151,728		4,422
Total liabilities	846,473		137,183
Net assets	3,232,111		266,921
Equity [abstract]
Share capital	2,749,351		26,441
Other capital reserves	24,552		105
Legal reserve	13,487
Profit retention	444,721		240,375
Total equity	3,232,111		266,921
Total liabilities and equity	R$ 4,078,584		404,104
Boa Vista Servicos S A [member]
Non-current assets
Trade receivables, net		R$ 6,030	8,358
Judicial deposits		28,755	27,350
Indemnification asset		14,128	795
Other tax assets		253	411
Deferred tax asset - income tax and social contribution		30,626	46,019
Interest in joint venture		179,260	0
Property and equipment		15,488	14,879
Intangible assets		844,635	813,219
Total non-current assets		1,119,175	911,031
Current assets
Cash and cash equivalents		1,174,989	1,382,268
Trade receivables, net		123,093	132,989
Prepaid expenses		18,179	15,287
Trade receivable - related parties		1,245	2
Income tax and social contributions		58,354	55,536
Other tax assets		19,310	15,936
Other assets		2,228	5,958
Assets held for sale		0	179,589
Total current assets		1,397,398	1,787,565
Total assets		2,516,573	2,698,596
Non-current liabilities
Lease liability		4,438	6,571
Labor obligations		0	0
Payables for business combinations		4,195	3,313
Taxes payable		45,431	40,254
Provisions		21,631	14,074
Total non-current liabilities		75,695	64,212
Current liabilities
Trade payable to suppliers		53,130	50,994
Lease liability		3,712	3,254
Labor obligations, vacation and social charges		56,842	131,901
Labor obligations		56,842	131,901
Trade payables - related parties		145	0
Payables for business combinations		7,538	78,246
Advances from customers		3,229	0
Income tax and social contribution		9,706	0
Taxes payable		5,381	24,355
Dividends and interest on net equity		0	120,900
Other accounts payable		3,483	2,942
Liabilities held for sale		0	22,568
Total current liabilities		143,166	435,160
Total liabilities		218,861	499,372
Equity [abstract]
Share capital		1,715,269	1,715,269
Capital reserves		159,593	169,128
Profit reserves		314,827	314,827
Profit retention		108,023
Total equity		2,297,712	2,199,224
Total liabilities and equity		R$ 2,516,573	R$ 2,698,596