v3.26.1
Operating Expenses and other Revenues
12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Operating Expenses and other Revenues

 

17.Operating Expenses and other Revenues

 

(a)Commissions, banking fees and other revenues from services
     
   For the Year Ended December 31,
  2025 2024 2023
Banking fees 133,376 97,526 67,203  
Brokerage commissions 716,800 405,045 110,444  
Other revenue commissions 18,359 23,276 18,314  
IT development services - 1,080 1,311  
Total 868,535 526,927 197,272 

 

 

(b)Selling, General and Administrative Expenses

 

     
   For the Year Ended December 31,
  2025 2024 2023
Advertising expenses  (28,133)  (45,908)  (23,509) 
Communication expenses  (27,925)  (27,409)  (24,944) 
Financial system service expenses  (434,464)  (387,418)  (273,859) 
Maintenance expenses  (35,805)  (36,779)  (31,063) 
Promotion expenses  (5,995)  (9,024)  (10,863) 
Data processing (rental and maintenance expenses)  (165,178)  (126,856)  (89,782) 
Technical services expenses  (329,622)  (310,713)  (243,170) 
Travel expenses  (10,857)  (12,901)  (6,653) 
Administrative expenses  (12,854)  (9,406)  (7,735) 
Legal expenses   (192,360)  (233,763)  (138,415) 
Other general and administrative expenses  (67,571)  (25,660)  (25,699) 
Total selling, general and administrative expenses (1,310,764) (1,225,837)  (875,692) 

 

(c)Personnel Expenses

 

     
   For the Year Ended December 31,
  2025 2024 2023
Compensation Expenses (243,867) (217,036) (232,593) 
Benefits (140,145) (119,451) (103,750) 
Other personal expenses (4,482) - - 
Social security costs (136,180) (112,378) (102,406) 
Total Personnel Expenses (524,674) (448,865) (438,749) 

 

(d)Tax Expenses

 

 

     
   For the Year Ended December 31,
  2025 2024 2023
Tax on Services (ISS) (12,559) (5,457) (3,895) 
Social Integration Program (PIS) (62,139) (53,367) (33,953) 
Tax for Social Security Financing (Cofins) (336,111) (288,745) (187,586) 
Other tax expenses (92,995) (82,400) (50,613) 
Total Tax Expenses (503,804) (429,969) (276,047)