Financial performance
The year ended 2016 saw strong financial performance. Net revenue rose by 10% over 2015. Total investment in the year, was R$ 60 million, of which approximately 14% was allocated to Research & Development. Our statement of financial position for 2016 has been audited by KPMG Auditores Independentes.
| Net revenue | |
|---|---|
| 2015 | 486,763,000.00 |
| 2016 | 551,264,000.00 |
| Change | 10% |
Financial assistance received from government G4-EC4
Our R&D department received innovation tax incentives and grants totaling R$ 3.86 million in 2016. We have also received tax incentives through Lei do Bem, including funding from FINEP (Financiadora de Estudos e Projetos), a government agency.
| 2014 | 2015 | 2016 | |
|---|---|---|---|
| Tax incentives and tax credits | 1,005,954 | 1,041,832 | 2,051,172 |
| Subsidies | 0 | 0 | 0 |
| Investment, research and development and other relevant grants | - | 8,477,649.44 | 1,814,496.46 |
| Total amount | 1,005,953.84 | 9,519,481.71 | 3,865,668.46 |
| 2014 | 2015 | 2016 |
|---|---|---|
| 16 | 20 | 24 |
Patents
2014: NQ PURCELL
2015: NQ ACQUASYS
2016: NQ SOLIDSYS and ACQUASYS Imobiliária
Projects monetized:
2014: NQ SYSTEM 6000, NQ SOLVE
2015: NQ SOLVE, NQ SYSTEM 1000 and NQ SYSTEM 3000
2016: NQ PRISMA SYSTEM + 2000, NQ PRISMA SYSTEM 2000, NQ PRISMA SYSTEM+ 2100 and NQ SYSTEM+ 4000
Customer satisfaction survey
In 2016, Nitro Quimica conducted its first customer satisfaction survey using the NPS Net Promoter Score (NPS), a methodology used by leading organizations in Brazil and globally. Customers answer the question: "On a scale of 0 to 10, how likely are you to recommend our company?”. Based on the scores given, a calculation is made to rate customers’ perception of the company. Nitro Quimica obtained an NPS score of 41 in the survey (on a scale of -100 to 100). This denotes that our customers recognize the value created by our products and services and see us as strategic partners for their business.