CI&T Inc(US:CINT)2023-08-18 12:24Financial Performance Highlights - CI&T achieved a Net Revenue Growth of 9% in 2Q23 compared to 2Q22, both on a reported and constant currency basis[18] - The Adjusted EBITDA Margin was 20% in 2Q23, compared to 191% in 2Q22[51] - Adjusted Net Profit Margin increased to 11% in 2Q23, up from 10% in 2Q22[36] - For 6M23, Net Revenue reached R$1,1818 million[57] - Adjusted EBITDA for 6M23 was R$2307 million, resulting in a 195% margin[77, 90] - Adjusted Net Profit for 6M23 was R$1303 million[79] Client and Revenue Metrics - The Average Net Revenue Retention Rate over the last 5 years is 123%[8] - The Net Revenue Retention Rate in 2022 was 126%[76] - North America accounts for 46% of the total Net Revenue[73] - LATAM accounts for 40% of the total Net Revenue[73] - The Technology and Telecommunications industry contributes 19% to the Net Revenue[73]