Localiza Rent a Car S.A.

São Paulo Stock Exchange RENT3.SA

Localiza Rent a Car S.A. Free Cash Flow for the year ending December 31, 2023: USD -2.06 B

Localiza Rent a Car S.A. Free Cash Flow is USD -2.06 B for the year ending December 31, 2023, a -17.77% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Localiza Rent a Car S.A. Free Cash Flow for the year ending December 31, 2022 was USD -1.75 B, a -189.44% change year over year.
Localiza Rent a Car S.A. Free Cash Flow for the year ending December 31, 2021 was USD -604.58 M, a -938.69% change year over year.
Localiza Rent a Car S.A. Free Cash Flow for the year ending December 31, 2020 was USD 72.09 M, a 109.78% change year over year.
Localiza Rent a Car S.A. Free Cash Flow for the year ending December 31, 2019 was USD -737.08 M, a -2,498.97% change year over year.

Key data

Date	Free Cash Flow	Operating Cash Flow	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities

São Paulo Stock Exchange: RENT3.SA

Localiza Rent a Car S.A.

CEO	Mr. Bruno Sebastian Lasansky
IPO Date	May 23, 2005
Location	Brazil
Headquarters	Avenida Bernardo Vasconcelos, 377
Employees	21,091
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Electric Vehicles (EVs) Ridesharing

Description

Localiza Rent a Car S.A. engages in car rental and franchising activities. The company is also involved in selling decommissioned cars; providing car parking services; and managing car-related claims for insurance companies. As of December 31, 2021, it operated a fleet of 273,233 cars, and 620 car rental agencies in Brazil and internationally. The company serves individuals, legal entities, and corporations. The company was founded in 1973 and is headquartered in Belo Horizonte, Brazil.

Key trends

Past 5 years