Nvni Group Limited (NVNIF) AI Stock Analysis
NVNIF AI stock analysis summary
AI ResearchNvni Group Limited is a Latin American B2B software-as-a-service provider headquartered in Brazil. While annual revenue expanded to $196.7M in FY2025, the company posted a net income of -$112.9M and experienced a 1-year share price decline of 99.1%. With shareholders' equity at -$149.2M and a current ratio of 0.15, liquidity and balance sheet pressures remain central.
- Market cap
- $488,819
- Revenue (TTM)
- $196.0M
- P/E
- —
- 1Y return
- -99.1% S&P 500 16.8%
- Avg. target
- —
Bull case
- Gross margins expanded each year, rising from 57.6% in FY2022 to 65.0% in FY2025.
- The company generated positive operating cash flow of $8.0M and positive free cash flow of $936,000 in FY2025.
- Analyst projections anticipate next fiscal year revenue to grow 10.3% to $217.0M.
Bear case
- Nvni has accumulated deep shareholder deficits, ending FY2025 with shareholders' equity of -$149.2M.
- The company's working capital position is constrained, reflected in a current ratio of 0.15 as of December 31, 2025.
- The stock experienced severe depreciation, falling 99.1% over the past year to close at $0.04.
What Nvni does
Nvni Group Limited, through its subsidiaries, operates in the business-to-business software as a service (SaaS) market across Brazil and Latin America. Headquartered in São Paulo, Brazil, the company provides software subscription and licensing services that enable clients to access applications across multiple devices simultaneously. Additionally, Nvni offers ongoing maintenance services such as technical support and technological evolution, alongside cloud computing, client, data analytics, and other enterprise software services. As of the latest reporting, the organization employs 477 people.
Growth and profitability
Nvni achieved a 3-year revenue compound annual growth rate of 16.5%, growing top-line sales from $124.5M in FY2022 to $169.0M in FY2023, $193.3M in FY2024, and $196.7M in FY2025. Gross margin expanded steadily from 57.6% in FY2022 to 65.0% in FY2025. However, operating margin swung from 18.0% in FY2024 to -13.8% in FY2025, contributing to a net loss of -$112.9M compared to -$86.2M in FY2024. For the latest quarter ended December 31, 2025, quarterly revenue fell 0.7% year-over-year, while TTM revenue stood at $196.0M with a net profit margin of -36.0%.
Balance sheet and cash flow
As of December 31, 2025, Nvni held $13.5M in cash and short-term investments against $28.6M in total debt, leading to net debt of $15.1M. The company faces a current ratio of 0.15 and negative shareholders' equity of -$149.2M on total assets of $347.7M. Operating cash flow stood at $8.0M in FY2025, which covered capital expenditures of $7.1M to yield free cash flow of $936,000.
Valuation and performance
At a closing price of $0.04, Nvni holds a market cap of $488,819 and an enterprise value of $22.7M. The stock trades at an EV/EBITDA multiple of 3.9x and an EV/revenue multiple of 0.6x, compared to a median EV/EBITDA of 16.6x and price-to-sales of 2.8x for US-listed Technology peers. Over the trailing 12 months, the stock fell 99.1%, significantly trailing the S&P 500 return of 16.8%.
What analysts expect
Wall Street coverage is limited to 1 Hold rating, with no Buy or Sell recommendations. For the current fiscal year ending December 31, 2026, consensus expectations project revenue of $196.8M and an EPS of -$0.44, representing an EPS growth estimate of 78.9%. Looking ahead to the next fiscal year, 1 analyst estimates revenue of $217.0M, indicating revenue growth of 10.3%, and an EPS of -$0.23.
Key risks and what to watch
- Total debt of $28.6M exceeds cash reserves of $13.5M, leaving net debt at $15.1M in a tight liquidity environment.
- Top-line momentum has stalled, with FY2025 revenue growth slowing to 1.8% and latest quarterly revenue declining 0.7% year-over-year.
- Operating margin deteriorated from 18.0% in FY2024 to -13.8% in FY2025, extending annual net losses to -$112.9M.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this NVNIF AI stock analysis
This page is an AI-written research summary of Nvni Group Limited (NVNIF). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: NVNIF income statement, NVNIF balance sheet, NVNIF key metrics, NVNIF analyst forecast, NVNIF chart. See the NVNIF stock overview for the latest quote and news.
NVNIF AI stock analysis FAQ
Does Nvni Group Limited pay a dividend?
Nvni Group Limited does not pay a dividend on its shares.
What was Nvni's revenue growth in FY2025?
Nvni reported FY2025 revenue of $196.7M, representing annual growth of 1.8%.
How much debt does Nvni Group have?
As of December 31, 2025, the company had $28.6M in total debt and $13.5M in cash, resulting in net debt of $15.1M.
What is the consensus analyst rating for NVNIF?
NVNIF has 1 Hold rating from analysts, with 0 Buy and 0 Sell ratings.