Demonstrações financeiras detalhadas de Information Services Group, Inc. (III): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Information Services Group, Inc. registou receitas de $244.7M no último exercício, com um CAGR de 5 anos de -0.4%. O lucro líquido atingiu $9.3M, com CAGR de 5 anos de 27.7%.
Margens dos últimos 12 meses: margem bruta 42.2%, margem operacional 8.4%, margem líquida 4.7%. O fluxo de caixa livre cresceu a CAGR de -10.2% em 5 anos.
Ao preço atual de $5.27, III negocia a um P/L de 22.49 e um ROE de 12.32%. A capitalização de mercado é de $252M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $216.5M | $269.6M | $275.8M | $265.8M | $249.1M | $277.8M | $286.3M | $291.1M | $247.6M | $244.7M |
| Custo da Receita | $132.4M | $156.6M | $159.9M | $153.2M | $149.9M | $168.5M | $169.7M | $178.9M | $150.3M | $143.9M |
| Lucro Bruto | $84.1M | $112.9M | $115.8M | $112.6M | $99.2M | $109.4M | $116.6M | $112.1M | $97.3M | $100.9M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $78.9M | $91.0M | $95.4M | $92.5M | $83.8M | $78.8M | $81.8M | $91.3M | $85.6M | $83.1M |
| Despesas Operacionais | $86.7M | $103.8M | $103.2M | $99.2M | $90.0M | $84.1M | $87.1M | $97.5M | $91.5M | $83.1M |
| Lucro Operacional | -$2.6M | $9.2M | $12.7M | $13.4M | $9.3M | $25.3M | $29.5M | $14.6M | $5.8M | $17.8M |
| EBITDA | $5.2M | $23.1M | $21.1M | $20.1M | $15.6M | $30.8M | $35.2M | $21.2M | $17.0M | $23.1M |
| Despesas com Juros | $2.7M | $6.8M | $6.7M | $6.3M | $3.6M | $2.3M | $3.2M | $6.2M | $5.8M | $4.1M |
| Lucro Antes de Impostos | -$5.3M | $2.1M | $6.1M | $7.1M | $5.9M | $23.1M | $26.7M | $8.8M | $5.2M | $14.5M |
| Imposto | $1.1M | $4.2M | $435000 | $3.8M | $3.1M | $7.6M | $7.0M | $2.6M | $2.4M | $5.2M |
| Lucro Líquido | -$6.5M | -$2.1M | $5.7M | $3.3M | $2.8M | $15.5M | $19.7M | $6.2M | $2.8M | $9.3M |
| LPA | $-0.18 | $-0.05 | $0.13 | $0.07 | $0.06 | $0.32 | $0.41 | $0.13 | $0.06 | $0.19 |
| LPA Diluído | $-0.18 | $-0.05 | $0.12 | $0.07 | $0.06 | $0.30 | $0.39 | $0.12 | $0.06 | $0.19 |
| Ações em Circulação (Diluídas) | $36.6M | $43.0M | $46.1M | $47.6M | $50.0M | $51.8M | $50.4M | $50.2M | $50.0M | $50.3M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $62.4M | $61.2M | $61.2M | $65.5M |
| Lucro Bruto | $26.3M | $22.9M | $25.3M | $30.9M |
| Lucro Operacional | $4.6M | $5.1M | $5.5M | $5.9M |
| EBITDA | $6.4M | $6.4M | $6.2M | $7.2M |
| Lucro Líquido | $3.1M | $2.6M | $2.7M | $3.3M |
| LPA | $0.06 | $0.05 | $0.06 | $0.07 |
| LPA Diluído | $0.06 | $0.05 | $0.05 | $0.07 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $34.5M | $28.4M | $18.6M | $18.2M | $43.7M | $47.5M | $30.6M | $22.6M | $23.1M | $28.7M |
| Investimentos de Curto Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contas a Receber | $64.7M | $70.8M | $75.9M | $77.1M | $67.5M | $64.3M | $80.2M | $82.1M | $58.8M | $59.4M |
| Estoque | $1.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $106.3M | $103.7M | $98.2M | $99.8M | $114.6M | $116.1M | $115.5M | $112.8M | $91.3M | $94.1M |
| Imobilizado | $4.8M | $5.2M | $6.6M | $12.6M | $10.9M | $10.6M | $12.7M | $13.9M | $11.6M | $10.8M |
| Ágio | $85.9M | $85.6M | $85.4M | $85.3M | $91.0M | $90.8M | $95.0M | $97.2M | $87.3M | $89.4M |
| Ativos Intangíveis | $35.1M | $25.7M | $20.6M | $16.6M | $15.1M | $12.4M | $14.4M | $12.6M | $3.6M | $3.3M |
| Ativos Totais | $235.1M | $224.8M | $214.7M | $218.8M | $239.5M | $236.8M | $243.0M | $247.3M | $204.5M | $211.0M |
| Contas a Pagar | $9.7M | $7.2M | $8.5M | $8.9M | $11.2M | $16.2M | $15.9M | $11.3M | $9.2M | $10.1M |
| Dívida de Curto Prazo | $5.5M | $15.5M | $8.2M | $11.0M | $4.3M | $4.3M | $4.3M | 0 | 0 | $2.3M |
| Passivos Circulantes | $52.4M | $53.1M | $40.6M | $41.3M | $50.7M | $56.8M | $51.2M | $46.3M | $38.4M | $40.2M |
| Dívida de Longo Prazo | $116.5M | $98.8M | $89.2M | $74.8M | $73.6M | $69.5M | $74.4M | $79.2M | $59.2M | $59.2M |
| Passivos Totais | $178.1M | $161.2M | $136.1M | $129.1M | $140.4M | $138.4M | $142.6M | $145.3M | $108.2M | $116.3M |
| Reservas | -$155.7M | -$157.8M | -$150.1M | -$146.8M | -$144.0M | -$128.5M | -$108.7M | -$102.7M | -$99.9M | -$90.5M |
| Patrimônio Líquido | $57.0M | $63.5M | $78.6M | $89.7M | $99.1M | $98.4M | $100.4M | $102.1M | $96.3M | $94.7M |
| Dívida Total | $122.0M | $114.3M | $97.5M | $93.8M | $84.7M | $79.8M | $86.0M | $87.1M | $64.9M | $70.5M |
| Dívida Líquida | $87.5M | $85.9M | $78.8M | $75.7M | $41.0M | $32.3M | $55.4M | $64.4M | $41.8M | $41.9M |
| Capital de Giro | $53.9M | $50.6M | $57.5M | $58.5M | $64.0M | $59.3M | $64.3M | $66.6M | $52.9M | $53.9M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $28.7M | $28.7M | $22.7M | $23.7M |
| Ativos Totais | $213.3M | $211.0M | $202.8M | $204.6M |
| Passivos Totais | $118.6M | $116.3M | $108.6M | $108.8M |
| Patrimônio Líquido | $94.7M | $94.7M | $94.2M | $95.8M |
| Dívida Total | $68.5M | $70.5M | $67.8M | $67.5M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | -$6.4M | -$2.1M | $5.7M | $3.3M | $2.8M | $15.5M | $19.7M | $6.2M | $2.8M | $9.3M |
| Depreciação e Amortização | $7.9M | $12.7M | $7.8M | $7.3M | $6.8M | $5.7M | $5.7M | $6.9M | $6.1M | $4.5M |
| Compensação em Ações | $7.0M | $7.4M | $9.9M | $9.6M | $8.9M | $6.5M | $7.5M | $9.1M | $8.0M | $7.8M |
| Variação Capital de Giro | $3.8M | -$7.6M | -$4.9M | $31000 | $21.5M | $7.9M | -$22.2M | -$9.4M | $10.7M | $6.5M |
| Fluxo de Caixa Operacional | $10.7M | $11.4M | $19.1M | $20.4M | $44.0M | $41.9M | $11.1M | $12.3M | $19.9M | $29.0M |
| CapEx | -$2.4M | -$3.2M | -$4.0M | -$1.9M | -$1.2M | -$2.3M | -$3.4M | -$3.4M | -$2.8M | -$4.0M |
| Aquisições | -$55.2M | -$889000 | 0 | 0 | -$2.3M | 0 | -$3.5M | -$1.0M | 0 | -$1.6M |
| Recompra de Ações | -$11.6M | -$2.9M | -$3.1M | -$6.5M | -$7.2M | -$23.4M | -$16.1M | -$6.2M | -$7.7M | -$9.3M |
| Dividendos Pagos | 0 | 0 | 0 | 0 | 0 | -$4.4M | -$7.5M | -$8.7M | -$9.4M | -$9.2M |
| Fluxo de Caixa Livre | $8.3M | $8.3M | $15.1M | $18.5M | $42.8M | $39.6M | $7.7M | $8.8M | $17.0M | $25.0M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $11.1M | $5.1M | -$672000 | -$830000 |
| CapEx | -$1.6M | -$1.7M | -$841000 | $841000 |
| Fluxo de Caixa Livre | $9.5M | $3.4M | -$1.5M | $11000 |
| Dividendos Pagos | -$2.4M | -$2.2M | -$2.2M | -$2.3M |
| Compensação em Ações | $1.8M | $1.7M | $1.8M | $2.2M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +24.5% | +2.3% | -3.6% | -6.3% | +11.5% | +3.0% | +1.7% | -14.9% | -1.2% |
| Crescimento Lucro Líquido (anual) | | +67.3% | +366.5% | -41.1% | -17.5% | +463.7% | +27.0% | -68.8% | -53.9% | +229.0% |
| Crescimento LPA (anual) | | +72.2% | +360.0% | -45.2% | -15.7% | +433.3% | +28.1% | -68.3% | -53.8% | +216.7% |
| Variação de Ações (anual) | | +17.5% | +7.1% | +3.4% | +4.9% | +3.6% | -2.6% | -0.5% | -0.3% | +0.6% |
| Crescimento FCF (anual) | | -0.3% | +82.8% | +22.4% | +131.1% | -7.4% | -80.5% | +14.5% | +92.7% | +46.7% |
| Margem Bruta | 38.9% | 41.9% | 42.0% | 42.4% | 39.8% | 39.4% | 40.7% | 38.5% | 39.3% | 41.2% |
| Margem Operacional | -1.2% | 3.4% | 4.6% | 5.0% | 3.7% | 9.1% | 10.3% | 5.0% | 2.3% | 7.3% |
| Margem EBITDA | 2.4% | 8.6% | 7.6% | 7.6% | 6.3% | 11.1% | 12.3% | 7.3% | 6.8% | 9.5% |
| Margem Líquida | -3.0% | -0.8% | 2.1% | 1.3% | 1.1% | 5.6% | 6.9% | 2.1% | 1.1% | 3.8% |
| Margem FCF | 3.8% | 3.1% | 5.5% | 7.0% | 17.2% | 14.3% | 2.7% | 3.0% | 6.9% | 10.2% |
| Taxa Efetiva de Imposto | -19.8% | 199.9% | 7.1% | 53.2% | 53.1% | 32.8% | 26.1% | 29.8% | 45.7% | 35.7% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $0.23 | $0.19 | $0.33 | $0.39 | $0.86 | $0.77 | $0.15 | $0.18 | $0.34 | $0.50 |
| Dividendo por Ação | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.15 | $0.17 | $0.19 | $0.18 |
| Ações em Circulação (Básicas) | $36.1M | $42.6M | $44.7M | $46.9M | $47.7M | $48.6M | $48.2M | $48.6M | $48.8M | $48.2M |
O que olhar em Industriais
Aeroespacial, defesa, maquinaria, transporte. Semi-cíclicos. Chave: backlog, margens operacionais e conversão de FCF.
- Crescimento receita 5 anos — Sem crescimento, não há criação de valor a longo prazo
- Margem operacional — O melhor indicador de disciplina operacional em industriais
- ROIC — Industriais de qualidade têm ROIC >15% — os outros destroem capital
- Conversão FCF — FCF / Net Income — em industriais bom >85%
- Dívida líquida / EBITDA — Industriais cíclicos com dívida alta sofrem muito em recessão
- Capex / Receita — Manter a maquinaria. <4% = possível subinvestimento (deterioração futura)
- Altman Z-Score — Modelo de falência (NYU 1968) — combina liquidez, alavancagem e rentabilidade. Chave em cíclicas
Rentabilidade
| Retorno sobre patrimônio | 12.32% |
| Retorno sobre capital investido | 7.89% |
| Retorno sobre ativos | 5.71% |
| Margem bruta | 42.15% |
| Margem operacional | 8.43% |
| Margem líquida | 4.67% |
Saúde financeira
| Dívida / Patrimônio | 0.70 |
| Liquidez corrente | 2.81 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | -20.22 | -83.40 | 32.62 | 35.53 | 54.67 | 23.81 | 11.22 | 36.23 | 55.67 | 30.42 |
| P/VP | 2.31 | 2.80 | 2.41 | 1.32 | 1.58 | 3.77 | 2.21 | 2.24 | 1.69 | 2.94 |
| P/V | 0.61 | 0.66 | 0.69 | 0.45 | 0.63 | 1.33 | 0.77 | 0.79 | 0.66 | 1.14 |
| Margem Bruta | 38.9% | 41.9% | 42.0% | 42.4% | 39.8% | 39.4% | 40.7% | 38.5% | 39.3% | 41.2% |
| Margem Operacional | -1.2% | 3.4% | 4.6% | 5.0% | 3.7% | 9.1% | 10.3% | 5.0% | 2.3% | 7.3% |
| Margem Líquida | -3.0% | -0.8% | 2.1% | 1.3% | 1.1% | 5.6% | 6.9% | 2.1% | 1.1% | 3.8% |