GetNinjas is a Brazilian company, located in São Paulo, which, in short, works with the management of largest online platform aimed at connecting service providers and customers throughout the territory national. The platform, then, offers diversified services, with more than 500 types of activities, from domestic services to renovations and repairs, as well as photography and designers. In this sense, the company is valued at around R$205 million at B3, and ended 2021 with more than R$290 million in a positive balance at the bank.
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In fact, the company's growth appears to be a deviation from the curve, as the crisis affected several businesses. Therefore, if on the one hand some companies faced the consequences arising from the crisis, others managed, in this period, an opportunity to capitalize.
GetNinjas ended last year with net revenue of BRL 62.4 million, a 49% growth compared to 2020. It is important to highlight that the company managed to grow without losing its gross margin. According to Eduardo L’Hotellier, founder and president of the company, “having public capital and being able to use stocks as currency is one of the opportunities that startups envision when choosing to list stocks on the B3. But this is something that only generates value when the business is well evaluated”.
As of December 2021, GetNinjas has registered more than 2 million active professionals on the platform, practically double the number of the previous year. According to L'Hotellier, the year 2020 basically served to prepare the company for a new level in the business world. “We don't invest more due to lack of opportunity, but due to lack of capital. Now, we are between three and four years ahead of what we would have been without the IPO”, reports the executive.
In addition, the company's president does not intend to make predictions for the company's future, and prefers to live in the now. He reports that before the IPO, the company had already reached a significant level, however, as the only alternative is to always grow and never regress, it became necessary to invest in technology and marketing. Finally, L’Hotellier emphasizes that the company always intends to grow responsibly, “perhaps at a slower pace, but with financial discipline”.
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