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Added to YB: 2026-06-17

Pitch date: 2026-06-14

CASH3.SA [neutral]

Méliuz S.A.

Author Info

Quipus Capital is an investment knowledge repository, i.e. a growing compendium of information about companies and industries, from the perspective of a long-only, long-term, operator-mindset investor. I look at hundreds of global companies, read a lot, and build expert networks. I condense all that information in Quipus and send it to you, ideally not more than once or twice a month. Sign up for the newsletter.

Company Info

Méliuz S.A., together with its subsidiaries, operate a virtual portal for the placement and dissemination of brands, products, services, and other advertising and publicity materials.

Market Cap

BRL 472.2M

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

4.14

P/E

-6.35

EV/Sales

0.81

Sector

Interactive Media and Services

Category

value

Show full summary:
Brazilian microcap deep value - Meliuz - $CASH3 - R$420 million

CASH3.SA (holding update): Brazilian cashback app, R$420M mcap. R$100M EBITDA, R$91M cash, ~R$200M BTC (604 coins), no debt. Restructured post-2020 bubble IPO, now profitable w/ strong opex leverage. Risks: consumer cycle, must find new bank partner by mid-2027 (Votorantim exit), BTC vol, Picodi dispute.

Read full article (4 min)