A Brazilian utility with a 125-year history and a system of dams, reservoirs, and canals that helps manage water levels in the São Paulo metro area. It has just been taken private, and its latest financial year swung to a loss. Full nameEmpresa Metropolitana de Águas e Energia S.A. TickersEMAE4 (B3, São Paulo) HeadquartersSão Paulo, SP, Brazil SectorUtilities Employees321 Market valueR$ 1.36 billion (US$ 268 million) Yearly salesR$ 477 million (US$ 94 million) — year to 2025 Net profit−R$ 133 million (US$ −26 million) — loss Net margin−26.2% (our calculation) …
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