Terms and Conditions

Navigation and query in this website are subject to the Terms and Conditions below:

Guarantees, Responsibilities and Damages

1. Brasil Brokers does not guarantee that the content, tools and materials contained, used and offered in this website are up-to-date or complete and is not liable for damages caused by errors in content or faulty equipment.

2. Brasil Brokers is not liable, expressly or tacitly, for the improper use of information, tools or materials made available and/or of the equipment used by this website, for whatever purpose, by any user, who is entirely liable for harm done to their own rights or of third parties, whether or not caused by improper use.

3. Under no circumstances will Brasil Brokers, its directors or employees be held liable for any direct or indirect, special, incidental or consequential losses or expenses arising out of the connection with this website or use of part of it or incapacity of use by any party, or with regard to any shortcoming in performance, error, omission, interruption, defect or delay in operation or transmission, computer virus or breakdown of the line or system, even if Brasil Brokers or its representatives have been advised of the possibility of such damages, losses or expenses.

4. The adequate installation of all the Internet resources is, without exception, the entire responsibility of the user of the website.

5. Brasil Brokers is not responsible for the content of other websites (a) whose addresses are available on the pages of this website or (b) which have the address of this website. Brasil Brokers does not guarantee indemnification for any damage caused by the websites referred to in this item.

6. With regard to the exchange of messages between the user and Brasil Brokers through the Internet, please consult our Privacy Policy.

7. Before making an investment decision, potential investors should carefully analyze all the information available in this website, including the Risk Factors, considering their own financial situation and investment goals.

Confidentiality of User Information

Brasil Brokers reserves the right to improve the performance of this website based on the analysis and consolidation of information and suggestions collected and from the users of the website. For further details about usage of information collected in this website, please consult our Privacy Policy.

Copyright and Intellectual Property

Except where specified otherwise, all the content of the pages in this website like information, materials, tools, paging, graphs and designs belong to Brasil Brokers or to third parties that have legally granted the right to use them.

Comments on EBITDA

EBITDA is a non-accounting measure prepared by Brasil Brokers’ management, calculated in accordance with the provisions of CVM Circular no. 01/2006, which consists of the operating income plus net financial result, depreciation and amortization. EBITDA is not recognized by the BR GAAP, does not have a standardized meaning and may not be compared to similar measures of other companies.

Brasil Brokers uses EBITDA to measure its operating performance. EBITDA should not be considered in isolation or as an alternative to net income (expense) or operating revenues, as an indicator of the Company’s operating performance or cash flow, or as an indicator of liquidity or of its capacity to honor debt.

Note: By accessing this website and its pages, the user automatically accepts all the Terms and Conditions here. Therefore, if you do not agree with all the above-mentioned Terms and Conditions, please stop navigation immediately.