CI&T Inc
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2024 · Filed Mar 28, 2025
Contents
FORWARD-LOOKING STATEMENTS
This annual report includes statements that constitute estimates and forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or Securities Act, and Section 21E of the Securities Exchange Act, as amended, or Exchange Act. The words “believe,” “will,” “may,” “may have,” “would,” “estimate,” “continues,” “anticipates,” “intends,” “plans,” “expects,” “budget,” “scheduled,” “forecasts” and similar words are intended to identify estimates and forward-looking statements. Estimates and forward-looking statements refer only to the date when they were made, and we do not undertake any obligation to update or revise any estimate or forward-looking statement due to new information, future events or otherwise, except as required by law. Estimates and forward-looking statements involve risks and uncertainties and do not guarantee future performance, as actual results or developments may differ substantially from the expectations described in the forward-looking statements.
| - | global economic conditions including supply chain disruptions, market volatility (volatility in the global banking sector), inflation and measures to control inflations (e.g., high interest rates), lack of liquidity in the capital and financial markets, and labor challenges, among other factors; |
| - | our ability to retain existing clients and attract new clients, including our ability to increase revenue from existing clients and diversify our revenue concentration; |
| - | our ability to maintain favorable pricing, productivity levels and utilization rates; |
| - | our ability to adapt to technological change and innovate solutions for our clients; |
| - | our ability to effectively manage our international operations, including our exposure to foreign currency exchange rate fluctuations; |
| - | the impact of the ongoing war in Ukraine and economic sanctions imposed by Western economies over Russia, as well as the conflicts in the Middle East, and their impact on global economy, which are highly uncertain and are difficult to predict; |
| - | the effects of increased competition as well as innovations by new and existing competitors in our market; |
| - | our ability to sustain our revenue growth rate in the future; |
| - | our ability to successfully identify acquisition targets, consummate acquisitions and successfully integrate acquired businesses and personnel, such as relating to our recent acquisitions; |
| - | our expectations of future operating results of financial performance; |
| - | our ability to attract and retain highly-skilled IT professionals at cost-effective rates; |
| - | our ability to retain continued services of our senior development team or other key employees, |
| - | our plans for growth and future operations, including our ability to manage our growth; |
| - | uncertainty concerning the current economic, political, and social environment in Latin America, specifically in Brazil, including changes in laws and regulations and in the interpretation thereof, and impacts of legal decisions by the Brazilian Federal Supreme Court (Supremo Tribunal Federal, or STF); |
| - | changes and uncertainty related to U.S. trade policy and regulations, including increased tariffs, in regions in which we operate; and |
| - | the impact of pandemics, epidemics or disease outbreaks (such as the COVID-19 pandemic) and measures taken in response thereto. |
Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results and developments may be substantially different from the expectations described in the forward-looking statements for a number of reasons, many of which are not under our control, among them the activities of our competition, the future global economic situation, exchange rates, and operational and financial risks. The unexpected occurrence of one or more of the abovementioned events may significantly change the results of our operations on which we have based our estimates and forward-looking statements.
In light of the risks and uncertainties described above, the events referred to in the estimates and forward-looking statements included in this report may or may not occur, and our business performance and results of operation may differ materially from those expressed in our estimates and forward-looking statements, due to factors that include but are not limited to those mentioned above.
These forward-looking statements are made as of the date of this annual report, and we assume no obligation to update them or revise them to reflect new events or circumstances. There can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.