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$CI&T Inc. (CINT.US)$It was seriously excluded from the fall...

$CI&T Inc.(CINT.US)$It was seriously excluded from the fall 2022 inventory due to the decline in profitability in the last two quarters, and the stock price has fallen 50% so far.
The Brazilian company listed in 2021 is mainly in the software customization business. In fact, it is more appropriate to be divided into the IT service sector. The main market is America, and the current price is 4.25.
Since listing, revenue has been growing continuously for two years, with a growth rate of 51.5%, and operating profit for two years. However, the growth rate was lower than the revenue growth rate. In 2022, it only increased by 5.2%, and net profit shrank for two years due to a sharp increase in interest expenses.
In the first three quarters of 2023, revenue increased 8.6%, operating profit increased 24.6%, supported by lower expenses, profit before tax increased 18.4%, and net profit increased sharply by 42.3% to reach $136 million due to income tax fluctuations.
Currently, the price-earnings ratio is 23.5, and the price-earnings ratio is TTM18. If the annual net profit reaches 180 million reais (US$36 million), the price-earnings ratio will drop to 15.7. Considering that a significant portion of the increase in net profit is due to income tax fluctuations, it is possible to observe a few more quarters before making a judgment.
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