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CI&T Inc (symbol: CINT) is a global leader in digital solutions, specializing in the strategic execution of complex digital innovation and growth initiatives. The company collaborates with some of the world’s most renowned brands, including Coca-Cola, Google, Johnson & Johnson, and Motorola. CI&T stands out by boldly tackling complexity and expertly managing the risks associated with digital integration. Unlike other digital agencies or traditional systems integrators, CI&T offers a comprehensive range of skills that seamlessly integrate with multiple service partners.
The company's core services encompass strategy, design, and software engineering, with a focus on enabling digital transformation for enterprises. CI&T specializes in developing customizable software solutions that leverage advanced technologies such as Machine Learning, Artificial Intelligence (AI), Analytics, Cloud, and Mobility. These solutions empower individuals and help organizations bridge the gap from their current state to their desired digital future.
CI&T generates the majority of its revenue from North America and Europe, with significant contributions from the Asia-Pacific and Japan regions. Recent achievements include successful partnerships and the delivery of innovative projects that have significantly enhanced the digital capabilities of its clients.
In addition to its core services, CI&T is actively involved in several current projects that aim to drive further innovation and growth. These projects align with the company's commitment to staying at the forefront of technological advancements and meeting the evolving needs of its clients.
- Strategy: CI&T provides strategic guidance to help companies navigate their digital transformation journeys.
- Design: The company excels in designing user-centric digital experiences that drive engagement and satisfaction.
- Software Engineering: CI&T develops robust, scalable, and secure software solutions tailored to meet specific business needs.
- Partnerships: CI&T collaborates with leading global brands to deliver cutting-edge digital solutions.
- Financial Condition: The company maintains a strong financial position, with consistent revenue growth driven by its innovative services and solutions.
CI&T Inc (NYSE: CINT) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the U.S. Securities and Exchange Commission (SEC). The report is available for public access on the SEC's website and CI&T's investor relations page. Shareholders can request a hard copy of the complete audited financial statements free of charge by contacting CI&T's Investor Relations. As a global digital specialist, CI&T has a 28-year history of providing digital transformation for over 100 large enterprises and has been recognized as a Leader in Modern Application Development Services by Forrester.
CI&T (NYSE: CINT) reported significant financial results for 4Q22 and the full year 2022, highlighting a net revenue increase of 33.9% in 4Q22, totaling R$611.8 million, and a full-year net revenue growth of 51.5%, amounting to R$2,187.7 million. The company achieved an adjusted net profit of R$54.5 million in 4Q22, reflecting a 4.3% increase year-over-year. Full-year adjusted net profit reached R$213.6 million, up 30.2% from 2021. Despite strong revenue growth, 4Q22 net profit fell to R$30.1 million from R$43.8 million in 4Q21, amid rising SG&A expenses and financial costs. Looking ahead, CI&T expects 20% revenue growth in Q1 2023.
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