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[ B ] Webcast : 3 CONFERENCE CALL ( English ) 10:00 a.m. ( Brasília ) / 9:00 a.m. ( NYC ) Brazil : +55 ( 11 ) 3181-8565 +55 ( 11 ) 4210-1803 U.S. Toll Free : +1 ( 844 ) 204-8942 U.S. Dial - In : +1 ( 412 ) 717-9627 Password : B3 1.htm BRASIL BOLSA BALCÃO https://choruscall.com.br/b3/1q2 1Q21 Webcast : CONFERENCE CALL ( Portuguese ) 11:00 a.m. ( Brasília ) / 10:00 a.m. ( NYC ) Brazil : +55 ( 11 ) 3181-8565 +55 ( 11 ) 4210-1803 U.S. Toll Free : +1 ( 844 ) 204-8942 U.S. Dial - In : +1 ( 412 ) 717-9627 Password : B3 1.htm https://choruscall.com.br/b3/1t2 https://ri.b3.com.br B3 ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2021 São Paulo , May 6 , 2021 - B3 S.A. - Brasil , Bolsa , Balcão ( " B3 " or " Company " ; ticker B3SA3 ) reports today its first quarter ( 1Q21 ) earnings . Total revenues reached R $ 2,667.6 million , a 25.5 % increase over the same period of the previous year ( 1Q20 ) , while recurring EBITDA totaled R $ 1,946.3 million , up by 24.0 % year - over - year ( yoy ) . The Company's recurring net income¹ totaled R $ 1,336.1 million . MESSAGE FROM B3'S MANAGEMENT The first quarter of 2021 saw trading volumes on our main platforms continuing to grow , driven mainly by an attractive macroeconomic environment for capital markets development , with low inflation and interest rates , as well as higher volatility . The basic interest rate in Brazil was raised by 75bps twice in 2021 so far ( in March and May ) , reaching 3.50 % and reverting a downtrend observed since 2015 , while still remaining at well below its historical average . We believe that the current interest rate environment allows for the development of the local capital markets , as well as the resumption of normal lending activity in Brazil , once the economy begins to recover . In this context , equity funding remained intense in the quarter , with 15 IPOs and 7 follow - ons totaling R $ 32.8 billion . ADTV grew to R $ 36.8 billion in 1Q21 , 17 % above the average of 4Q20 . We highlight that in February 2021 B3 implemented the intermediate model of the new pricing policy for equities , as disclosed in December 2020 , which has the effect of lowering our fees in this segment , thus impacting our revenue lines from trading and depository . This initiative is in line with B3's strategy to share operational leverage with clients and aims to enable growth of volumes and in number of investors . In the first quarter of the year , the number of individuals holding depositary accounts with B3 rose close to 10 % , with the addition of more than 330,000 accounts . During this period of rising volumes , B3 continued to focus on operational excellence , ensuring the stability of our platforms at the highest levels of availability , thus strengthening our position as a robust and secure infrastructure for our customers and for the market . We are investing consistently to increase our capacity and continue to support the market's expansion . Likewise , our agenda of products and solutions developments progressed strongly with deliveries in all business segments , in line with our strategy of balancing improvements in existing services , launching new products and diversifying our businesses . The highlights were : on the listed segment ( i ) U.S. dollar casado contract ; OTC ( ii ) public distribution of LIG / LF and ( iii ) maintenance of expired assets ; in financing ( iv ) adjustments to Contran Resolution 807 ; in new verticals ( v ) improvements in insurance registration to grow the customer base and insurance modalities and ( vi ) launch of high - density racks for co - location in our data centers . In 1Q21 , B3 Social , a non - profit of which B3 is a founding member , continued to support non - government organizations in addressing the health and social emergencies associated with the pandemic , with R $ 15 million in approved donations . The high volumes traded in our platforms contributed to a solid financial performance in the first quarter . Revenues totaled R $ 2.6 billion and were up by 5 % from 4Q20 and 25 % from 1Q20 . Our operating leverage combined with discipline in expenses drove EBITDA's 24 % growth to R $ 1.9 billion . Income statement summary : ( In R $ millions ) Total revenues Net revenues Expenses Financial result Net income Adjusted expenses Recurring EBITDA EBITDA margin ( recurring ) Recurring net income ¹ See reconciliation on page 6 . 1Q21 2,667.6 2,396.7 ( 661.2 ) ( 43.8 ) 1,256.0 ( 291.7 ) 1,946.3 83.1 % 1,336.1 1Q20 2,125.2 1,905.2 ( 597.8 ) ( 112.2 ) 1,025.1 ( 273.8 ) 1,569.3 82.4 % 1,156.6 INFORMAÇÃO PÚBLICA - PUBLIC INFORMATION 1Q21 / 1Q20 ( % ) 25.5 % 25.8 % 10.6 % -60.9 % 22.5 % 6.5 % 24.0 % 76 bps 15.5 % 4Q20 2,537.7 2,280.3 ( 722.5 ) 63.5 1,097.3 ( 341.7 ) 1,728.9 78.7 % 1,159.6 1Q21 / 4Q20 ( % ) 5.1 % 5.1 % -8.5 % -169.1 % 14.5 % -14.7 % 12.6 % 442 bps 15.2 %