Inter & Co Reports Record Q1 2025 Earnings, 38 Million Clients

Inter & Co (INTR) reported strong financial results for the first quarter of 2025, with net income rising 57% year-over-year to R$287 million and revenues increasing over 30%. The company expanded its client base to approximately 38 million, highlighting robust user engagement and growth in its digital banking ecosystem, including new loan products and expansion into Argentina. Despite these positive operational metrics, analysts remain cautious, with a consensus 'Sell' rating and a $4.00 price target, reflecting concerns over liquidity challenges and moderate leverage. Meanwhile, Nvni Group Limited showed impressive revenue growth and improved EBITDA in 2024 driven by customer retention and AI investments, yet faces significant financial distress and an 'Underperform' rating due to ongoing losses and unfavorable valuation metrics. Both companies operate in their respective sectors—Inter & Co in digital financial services and Nvni in SaaS—demonstrating growth potential but facing different market and financial outlooks. Overall, Inter & Co's growth contrasts with Nvni Group's profitability struggles, illustrating varied investor sentiments and risk profiles in the Brazilian market.