CI&T Inc (CINT) Bundle
A Brief History of CI&T Inc (CINT)
Founding and Early Years
Founding and Early Years
CI&T Inc, founded in 1995 in Campinas, Brazil, began as a software development company. Initially, it focused on providing IT services, catering primarily to clients in the financial sector.
Expansion and Growth
By 2000, CI&T had expanded its operations internationally, establishing a presence in the United States. The company focused on partnering with leading organizations to provide technology solutions.
Initial Public Offering (IPO)
On July 14, 2021, CI&T went public on the NASDAQ under the ticker symbol CINT, raising approximately $120 million through its IPO. The offer price was set at $16 per share.
| Year | Event | Financial Impact |
|---|---|---|
| 1995 | Founding of CI&T | N/A |
| 2000 | International Expansion | N/A |
| 2021 | IPO on NASDAQ | $120 million raised |
Recent Developments
As of 2022, CI&T reported a revenue of $230 million, marking an increase of 30% from the previous year. The company continued to invest in talent acquisition and innovation in digital transformation services.
Client Portfolio
CI&T has partnered with several notable clients, including:
- Johnson & Johnson
- Global Payments
- Levi Strauss & Co.
- Walmart
- Teladoc Health
Market Position
As of October 2023, CI&T’s market capitalization stands at approximately $1.5 billion. The company is recognized as a leader in digital solutions, particularly in agile software development and cloud services.
Employee Growth
From 2021 to 2023, CI&T's workforce expanded from 2,500 employees to over 3,500, reflecting its growth in demand for digital transformation services.
Financial Performance Overview
| Year | Revenue ($ million) | Net Income ($ million) | Employee Count |
|---|---|---|---|
| 2020 | 177 | 20 | 2,500 |
| 2021 | 176 | 21 | 2,600 |
| 2022 | 230 | 30 | 3,000 |
| 2023 | 270 | 35 | 3,500 |
Strategic Initiatives
CI&T aims to enhance its technological capabilities through partnerships with artificial intelligence and machine learning firms. The company allocated approximately $15 million for R&D in 2022.
Global Presence
CI&T operates in multiple countries, including:
- Brazil
- United States
- Canada
- United Kingdom
- Australia
Conclusion of Significant Milestones
| Year | Milestone | Details |
|---|---|---|
| 1995 | Company Founding | Started in Campinas, Brazil |
| 2021 | Public Listing | IPO on NASDAQ |
| 2023 | Employee Milestone | 3,500 employees reached |
A Who Owns CI&T Inc (CINT)
Shareholder Composition
As of the latest filing on August 9, 2023, the ownership structure of CI&T Inc (CINT) is as follows:
| Shareholder Type | Percentage Owned | Number of Shares |
|---|---|---|
| Institutional Investors | 65.8% | 16,450,000 |
| Insiders | 10.2% | 2,550,000 |
| Retail Investors | 24.0% | 5,950,000 |
Top Institutional Shareholders
Below is a table summarizing the top institutional shareholders of CI&T Inc:
| Institution | Percentage Owned | Number of Shares |
|---|---|---|
| BlackRock, Inc. | 12.3% | 3,050,000 |
| The Vanguard Group, Inc. | 9.8% | 2,400,000 |
| Goldman Sachs Asset Management | 7.5% | 1,850,000 |
| J.P. Morgan Asset Management | 5.5% | 1,350,000 |
| State Street Corporation | 4.7% | 1,150,000 |
Insider Ownership
The insider ownership of CI&T Inc is significant, with key executives holding the following shares:
| Name | Position | Shares Owned |
|---|---|---|
| Flavio P. G. P. Oliveira | CEO | 1,200,000 |
| Fernando A. M. A. G. Franco | CFO | 800,000 |
| Sabrina C. de Oliveira | COO | 550,000 |
Recent Stock Performance
As of October 1, 2023, the stock details for CI&T Inc (CINT) are:
| Date | Opening Price | Closing Price | Volume |
|---|---|---|---|
| October 1, 2023 | $28.65 | $29.00 | 250,000 |
| September 30, 2023 | $28.50 | $28.65 | 300,000 |
| September 29, 2023 | $28.75 | $28.50 | 200,000 |
Market Capitalization
The market capitalization of CI&T Inc as of October 1, 2023:
| Metric | Value |
|---|---|
| Market Capitalization | $725 million |
| Shares Outstanding | 25,000,000 |
| Current Share Price | $29.00 |
Recent Financial Performance
For the fiscal year 2022, CI&T Inc reported the following financial metrics:
| Metric | Amount |
|---|---|
| Total Revenue | $200 million |
| Net Income | $30 million |
| EBITDA | $45 million |
CI&T Inc (CINT) Mission Statement
Overview
CI&T Inc. (CINT) is a global provider of technology services that aims to empower businesses through digital transformation. The company's mission statement encapsulates its commitment to driving innovation and delivering measurable results for clients across various industries.
Mission Statement
The core mission of CI&T is “To empower companies to achieve their highest potential through technology”. This reflects the firm’s focus on leveraging technology to create tailored solutions that meet client needs.
Values and Guiding Principles
CI&T adheres to specific values that guide its operations and strategy:
- Innovation: Driving progress through creative solutions.
- Collaboration: Working in partnership with clients to achieve shared goals.
- Meritocracy: Fostering a culture where talent and contributions are recognized.
- Sustainability: Committing to responsible business practices.
Market Position and Financial Performance
As of 2023, CI&T's financial performance has showcased significant growth. The following table highlights key financial metrics:
| Year | Revenue (in million USD) | Net Income (in million USD) | Total Assets (in million USD) | Market Capitalization (in billion USD) |
|---|---|---|---|---|
| 2020 | 190 | 20 | 150 | 1.2 |
| 2021 | 220 | 25 | 180 | 1.5 |
| 2022 | 270 | 35 | 220 | 1.8 |
| 2023 | 310 | 40 | 250 | 2.1 |
Client Focus and Industry Engagement
CI&T operates in multiple sectors, including finance, healthcare, and retail. The company's client base includes notable names such as:
- Banco Bradesco
- Whirlpool
- Fiat Chrysler Automobiles
- Johnson & Johnson
Commitment to Partnerships
CI&T emphasizes strategic partnerships to enhance its service offerings. Notable strategic alliances include:
- Collaboration with AWS for cloud solutions
- Partnership with Microsoft for technology integration
- Alliance with Salesforce for customer relationship management
Global Presence
With a workforce of approximately 3,500 employees, CI&T has a global footprint as illustrated in the table below:
| Region | Offices | Employees |
|---|---|---|
| North America | 5 | 1,200 |
| South America | 10 | 1,800 |
| Europe | 3 | 500 |
| Asia | 2 | 1,000 |
Future Goals
CI&T is focused on expanding its digital solutions portfolio while enhancing its capabilities in data analytics and artificial intelligence. The company aims to reach a revenue of USD 500 million by 2025 through strategic investments and market expansion.
How CI&T Inc (CINT) Works
Company Overview
Company Overview
CI&T Inc (CINT), a global provider of technology and business transformation services, specializes in digital solutions for clients across various sectors.
As of Q3 2023, CI&T reported a revenue of $400 million, reflecting a year-over-year growth rate of 20%.
Business Model
CI&T operates on a model that integrates consulting, design, and engineering to drive digital transformation.
- Consulting Services
- Engineering Solutions
- Product Development
- Data Analytics
Market Segments
The company primarily focuses on the following sectors:
- Financial Services
- Retail
- Healthcare
- Telecommunications
In 2022, the segmentation revealed:
| Sector | Revenue (2022) | Percentage of Total Revenue |
|---|---|---|
| Financial Services | $150 million | 37.5% |
| Retail | $100 million | 25% |
| Healthcare | $75 million | 18.75% |
| Telecommunications | $50 million | 12.5% |
| Other | $25 million | 6.25% |
Global Presence
CI&T operates in multiple countries:
- Brazil
- United States
- Canada
- United Kingdom
- Japan
In FY 2022, the geographic revenue distribution was:
| Region | Revenue (2022) | Percentage of Total Revenue |
|---|---|---|
| Brazil | $200 million | 50% |
| North America | $150 million | 37.5% |
| Europe | $30 million | 7.5% |
| Asia | $20 million | 5% |
Financial Performance
For the fiscal year ending December 2022:
- Net Income: $50 million
- Gross Margin: 29%
- Operating Margin: 12%
- EBITDA Margin: 18%
Technology and Innovation
CI&T invests heavily in technology:
- Annual R&D Investment: $15 million
- Number of Patents: 35
- Partnerships with Tech Firms: 15
Workforce
As of Q3 2023, CI&T employs approximately 3,500 professionals globally.
Employee demographics include:
| Role | Number of Employees | Percentage of Total Workforce |
|---|---|---|
| Developers | 1,800 | 51.43% |
| Consultants | 900 | 25.71% |
| Designers | 400 | 11.43% |
| Sales & Marketing | 300 | 8.57% |
| HR & Admin | 100 | 2.86% |
Client Portfolio
CI&T's client roster includes major brands such as:
- AB InBev
- Johnson & Johnson
- American Express
- Walmart
In 2022, the client distribution revealed a diversified portfolio:
| Client Type | Number of Clients | Revenue Contribution (%) |
|---|---|---|
| Enterprise Clients | 50 | 70% |
| SMEs | 100 | 30% |
Future Outlook
For FY 2024, CI&T projects a revenue target of $480 million, driven by increased demand in digital transformation services.
The anticipated growth rate is expected to be around 20% - 25%.
How CI&T Inc (CINT) Makes Money
Revenue Streams
CI&T Inc primarily generates revenue through various service offerings that include:
- Digital Transformation Services
- Consulting Services
- Software Development
- Data Analytics and AI Solutions
- Cloud Services
Financial Performance
In the fiscal year 2022, CI&T reported total revenues of approximately $308 million. In the third quarter of 2023, the company achieved revenue of $87 million, demonstrating a year-over-year growth of 18%.
Geographic Breakdown
CI&T operates primarily in the following regions:
| Region | 2022 Revenue Contribution | Percentage of Total Revenue |
|---|---|---|
| North America | $120 million | 39% |
| South America | $90 million | 29% |
| Europe | $70 million | 23% |
| Asia | $28 million | 9% |
Client Segments
CI&T serves a diverse range of industries. The major client segments are:
- Financial Services
- Retail
- Consumer Goods
- Healthcare
- Technology
Cost Structure
CI&T's cost structure primarily consists of:
- Personnel Expenses
- Operational Costs
- Technology Investments
In Q3 2023, the gross margin was approximately 37%.
Market Trends and Growth Opportunities
CI&T is positioned to benefit from current market trends, including:
- Increased demand for cloud-based solutions
- Growing investments in digital transformation
- Expansion of AI and machine learning applications
Competitive Landscape
CI&T faces competition from various firms, including:
- Accenture
- Capgemini
- Tata Consultancy Services
- ThoughtWorks
Stock Performance
As of October 2023, CI&T's stock is trading around $21.50. The company has a market capitalization of approximately $1.1 billion.
Recent Acquisitions
CI&T has pursued strategic acquisitions to enhance its capabilities and market presence. The company acquired W3.Inc in 2022, which added approximately $15 million in annual revenues.
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