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About Cabling Installation & Maintenance:

Bringing practical business and technical intelligence to today's structured cabling professionals.

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on:

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Inter&Co, Inc Reports Fourth Quarter and Full Year 2022 Financial Results

BELO HORIZONTE-MG, Brazil, March 13, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (NASDAQ: INTR | B3:INBR32), the holding company of Inter Group, which offers the premier Super App providing financial and digital commerce services to more than 25 million customers, today reported financial results for its fourth quarter ended December 31, 2022 and full year 2022. The full earnings release has been made available on the Company’s Investor Relations website at ri.bancointer.com.br.

João Vitor Menin, CEO of Inter&Co. stated:

“2022 was an incredible year for us at Inter&Co., with several accomplishments that have propelled us forward and positioned us for greater success, including reaching a record-breaking 8.3 million net new clients, taking our total to 25 million clients.

We are excited to build on the momentum of the past year and continue to execute on our strategy to leverage on the advantages we have created in our world-class Super App to build our client base and funding, grow engagement and monetization.

In addition, we will continue to reprice our credit portfolio, ensuring an efficient use of our regulatory capital. We are also working thoroughly to optimize our credit models, minimize risk and streamline capital consumption.

Overall, we're confident that our key focus areas will position us for continued success in 2023 and beyond. We're grateful for the trust our clients have placed in us and will continue to dedicate ourselves to providing excellent service and creating value for all our stakeholders.”

2022 Highlights:

  • Client Growth: We added 8.3 million net new clients during the year, reaching a total of 25 million.
  • Penetration: Two-thirds of our clients have three or more of our products.
  • Innovation: We launched several new products in 2022, including Dr. Inter, Global Account and e-commerce for companies.
  • Volumes: We delivered strong transaction volume growth of 85% YoY, reaching R$578 billion.
  • Gross Loan Portfolio: Our portfolio grew to R$25 billion, increasing 40% YoY. We continue our relentless focus on improving our credit models.
  • Funding: We continued to grow deposits significantly, reaching R$ 30 billion, or a 37% YoY increase.
  • Net Fees: Net Fee revenues grew 87% YoY, reaching R$1.2 billion.
  • Total Gross Revenues: We delivered another strong year reaching R$ 6 billion, up 90% YoY. Our revenues continue to be highly diversified, with fees comprising 34% of net revenues.
  • Net Income: Reached net income of R$ 29 million in 4Q2022.

Conference Call
Inter&Co will discuss its 4Q22 and Full Year 2022 financial results on March 14th, 2023 at 10:00 am ET (11:00 am Brazilian Time). The webcast details are available on the Company’s Investor Relations website at ri.bancointer.com.br.

About Inter&Co
Inter&Co is the holding company of Inter Group and indirectly holds all of Banco Inter’s shares.
Inter is the premier SuperApp providing financial and digital commerce services to more than 25 million customers. We offer a complete range of solutions, including banking, investments, credit, insurance and cross-border services, in addition to a marketplace that brings together the best retailers in Brazil and the United States. 

Contacts:
Grayling
Lucia Domville / Masha Toulokhonova

M +1 646. 824.2856/ +1 650.690.5952 
lucia.domville@grayling.com / masha.toulokhonova@grayling.com


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