Record Net Revenue Growth in Q4 2024
CI&T reported a record net revenue of R$656.5 million for Q4 2024, representing a 25.6% increase compared to Q4 2023. At constant currency, net revenue grew 14.7% year-over-year.
Strong Performance from Top Clients
Revenue from the top 10 clients increased by 40% in Q4 2024 versus the same period in 2023, driven by the adoption of the CI&T FLOW AI-powered platform.
Adjusted EBITDA Margin Surpassing Industry Average
CI&T achieved an adjusted EBITDA margin of 19.5% in Q4 2024, surpassing industry averages, and an adjusted net profit of R$78 million, reflecting a 41.3% year-over-year increase.
Robust Cash Generation and Financial Efficiency
For 2024, CI&T reported cash generation from operating activities totaling R$467 million, a 12.7% increase from the previous year, with a free cash flow conversion to adjusted net income ratio of 131%.
Recognition and Strategic Initiatives
CI&T was recognized by Forrester Research as a leader in modern application development services and is focusing on AI-driven solutions, talent development, and client-centric approaches.