Valid Soluções (OTC: VSSPY)

$4.23+0.00%today

Brazilian ADR trading on the OTC, priced in US dollars.

Display currency

Market Cap, EPS and the financial totals below — switch between US dollars and BRL.

Market Cap: $248.99M
P/E (TTM): 6.9x
P/B: 1.0x
EPS (TTM): $0.61
Dividend Yield: 2.55%
52-Week Range: $3.85 – $4.23
Volume: 250
Previous Close: $4.23

TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.

Performance

Today

+0.00%

1 Week

+0.00%

1 Month

+0.00%

YTD

+9.87%

1 Year

+5.75%

5 Years

+148.82%

About Valid Soluções

US Ticker: VSSPY
B3 Ticker: VLID3
Exchange: OTC
Currency: USD
Sector: Industrials
Industry: Specialty Business Services
Headquarters: Sorocaba, SP, Brazil
Employees: —
CEO: Mr. Ilson Bressan
Founded: 1957

Valid Soluções S.A. provides digital payment solutions in Brazil, Argentina, the United States, Europe, the Middle East, Africa, Asia, and internationally.

It operates through three segments: Payments Method, Identification, and Mobile.

The Payments Method segment offers integrated products and solutions, such as chip and cards, magnetic stripes, gift cards, invoices, and bank statements, as well as solutions in radio frequency identification, contactless and cards, and mobile payments.

The Identification segment provides data capture, storage and administration, security prints, recognition, and digital printing, as well as digital government solutions.

Its solutions are used in the generation of computerized systems for the administration of databases, collection of biometric data, printing and personalization of official documents, identification, solutions for smart cities, traceable stamps, and digital certification services.

The Mobile segment offers services of issuing statements and technologies for use in cell phones; and digital mobility, such as NFC, TSM, and HCE solutions for mobile service providers.

It also develops technologies for use in cell phones, such as recharge and payment, and production of cards for telecommunications.

It serves state governments and public agencies, financial institutions, telecommunications companies, retailers, agriculture cooperatives, and independent professionals.

The company was formerly known as Valid Soluções e Serviços de Segurança em Meios de Pagamento e Identificação S.A. and changed its name to Valid Soluções S.A. in August 2018.

Valid Soluções S.A. was incorporated in 1957 and is headquartered in Sorocaba, Brazil.

www.valid.com

Financial Results

Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).

Financial Health

Margins, leverage and cash-flow quality derived from Valid Soluções's income statement, balance sheet and cash flow (absolute figures in USD).

ProfitabilityLeverageGrowth

Overall: Financially Strong

Net Margin: 11.2%
ROE: 13.2%
Rev Growth (YoY): -1.85%
Net Debt / EBITDA: 0.40×
Current Ratio: 2.30×
Interest Coverage: 2.61×
Free Cash Flow: 200.8M
Payout Ratio: —

Income — Margins & Efficiency

Metric	Last 12MQ3'25 – Q2'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022
Revenue	$391,215,916	+3.9%	$376,641,284	+7.2%	$351,469,593	-24.4%	$465,034,432	+30.8%	$355,644,136
Gross profit	$137,650,105	+8.5%	$126,861,510	+0.9%	$125,779,634	-25.9%	$169,649,705	+33.9%	$126,712,902
Operating income	$67,540,920	+13.8%	$59,363,975	-2.8%	$61,050,681	-34.0%	$92,543,606	+33.1%	$69,544,526
EBITDA	$105,569,791	+33.4%	$79,122,019	-20.7%	$99,777,109	-2.7%	$102,512,268	+29.6%	$79,123,302
Net profit	$43,637,119	-8.5%	$47,709,361	-22.6%	$61,657,521	+40.2%	$43,974,681	+849.3%	$4,632,139
Gross margin	35.2%	+1.5 p.p.	33.7%	-2.1 p.p.	35.8%	-0.7 p.p.	36.5%	+0.9 p.p.	35.6%
Operating margin	17.3%	+1.5 p.p.	15.8%	-1.6 p.p.	17.4%	-2.5 p.p.	19.9%	+0.3 p.p.	19.6%
EBITDA margin	27.0%	+6.0 p.p.	21.0%	-7.4 p.p.	28.4%	+6.3 p.p.	22.0%	-0.2 p.p.	22.2%
Net margin	11.2%	-1.5 p.p.	12.7%	-4.9 p.p.	17.5%	+8.1 p.p.	9.5%	+8.2 p.p.	1.3%
Revenue growth (YoY)	-1.8%	+3.2 p.p.	-5.0%	-1.3 p.p.	-3.7%	-23.7 p.p.	20.0%	—	—
Effective tax rate	10.9%	+25.6 p.p.	-14.7%	-27.6 p.p.	12.9%	-10.0 p.p.	22.9%	+6.8 p.p.	16.1%
Interest coverage	2.61×	-33.2%	3.91×	-41.2%	6.65×	+82.2%	3.65×	+110.3%	1.74×

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Balance Sheet — Health & Leverage

Metric	Last 12MQ3'25 – Q2'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022
Net debt	$42,392,989	+171.8%	$15,594,390	+223.9%	$4,814,581	-91.9%	$59,363,531	-37.5%	$94,991,863
Net Debt / Equity	0.13×	+155.9%	0.05×	+201.9%	0.02×	-92.5%	0.22×	-45.4%	0.41×
Net Debt / EBITDA	0.40×	+103.7%	0.20×	+308.5%	0.05×	-91.7%	0.58×	-51.8%	1.20×
Debt / Equity	0.41×	-9.8%	0.46×	+37.7%	0.33×	-38.9%	0.55×	-22.1%	0.70×
Current ratio	2.30×	-5.2%	2.42×	-15.8%	2.88×	+25.2%	2.30×	+23.1%	1.87×
Return on equity (ROE)	13.2%	-2.1 p.p.	15.3%	-5.9 p.p.	21.2%	+4.8 p.p.	16.4%	+14.4 p.p.	2.0%
Return on assets (ROA)	7.6%	-0.7 p.p.	8.3%	-4.6 p.p.	12.9%	+4.6 p.p.	8.4%	+7.5 p.p.	0.9%
Book value / share	$4.23	+6.5%	$3.97	+6.0%	$3.75	+12.2%	$3.34	+14.1%	$2.93

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Net Debt & Leverage

Free Cash Flow

Margins

Dividend Payout Ratio

Capex ÷ Revenue

Cash Conversion (operating cash flow ÷ net income)

Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.

Valuation & Dividends

P/E Ratio History

Dividend History

This year (YTD) $0.04/share · yield 0.84%

Dividends and yield from Yahoo Finance (per ADR share, in US dollars). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.

Listings

Valid Soluções trades on 2 exchanges. Prices on this page are the OTC ADR (VSSPY).

Exchange	Ticker	Currency
OTCpriced here	VSSPY	USD
B3 (São Paulo)	VLID3	BRL

Frequently Asked Questions

Why hold Valid Soluções VSSPY ADR instead of local B3 VLID3 shares?

Buying directly on Brazil’s B3 exchange means opening a local brokerage account, converting currency and dealing with Brazilian tax paperwork. ADRs remove that friction: they settle in dollars, follow US market hours, and report in formats foreign investors already understand.

The trade-off is that an ADR’s price reflects two moving parts: (1) the underlying share price, quoted in reais on the B3, and (2) the USD/BRL exchange rate. Because of that second part, a rising company can still deliver a flat, or even negative, dollar return if the real weakens against the dollar. The same applies to ETFs: funds such as EWZ, EWZS and FLBR bundle dozens of these companies into a single ticker for instant diversification, but their dollar value still moves with the real.

Where is Valid Soluções listed?

Valid Soluções trades on 2 exchanges. The line quoted on this page is OTC in the United States (VSSPY, US dollars). It also trades on B3 (São Paulo) in Brazil (VLID3, Brazilian reais).

On how many exchanges does Valid Soluções trade?

2. OTC — VSSPY (USD) · B3 (São Paulo) — VLID3 (BRL). Prices shown on this page are the OTC line, VSSPY.

What is Valid Soluções' primary listing?

Valid Soluções' primary listing is on the B3 in Brazil, where the shares trade as VLID3 in reais — the company's home market. The OTC line quoted on this page is an ADR over those same shares: it gives you the asset in US dollars, on US market hours, without opening a Brazilian brokerage account or trading in reais.

What is the difference between VSSPY and VLID3?

They are the same company and, economically, the same asset. VLID3 is the original Brazilian share, listed on the B3 and quoted in reais. VSSPY is an American Depositary Receipt over that share, listed on the OTC and quoted in US dollars — a wrapper whose purpose is to give foreign investors access to the Brazilian asset without opening an account in Brazil. The VSSPY price therefore tracks two things: VLID3 in reais, and the USD/BRL exchange rate.

How can I buy Valid Soluções stock in the United States?

Valid Soluções is listed on the OTC under VSSPY, priced in US dollars. Any US brokerage offering over-the-counter securities can trade it, with no foreign-account paperwork and no currency conversion.

As of Fri, Aug 14, 17:00 BRT · Market closed

Financial data last updated: August 11, 2026

← All stocks & ETFs