Caixa Econômica Federal released its consolidated results for the fourth quarter of 2023, highlighting the accounting net profit of R$11.7 billion in 2023, 20% higher than 2022.
While the accounting net profit in the period was R$4 billion, an increase of 82.7% compared to the year 2022.
Recurring net profit reached R$10.6 billion in 2023, an increase of 15.5% compared to 2022, with R$2.9 billion in the last quarter of the year, an increase of 40.5% compared to same time in 2022.
The financial margin in the last three months reached R$17.5 billion, an increase of 17.1% compared to 4Q22. See below the main highlights of 2023.
CAIXA lotteries raise R$23.4 billion
CAIXA Lotteries reached a revenue of R$23.4 billion in 2023, an increase of 0.9% compared to the previous year.
So, this value reflects Brazilians’ confidence in lottery games, which offer the possibility of significant winnings and contribute to important social programs.
Thus, among the highlights is the total net prize pool of R$7.9 billion distributed to bettors.
Additionally, R$9.2 billion was allocated to Federal Government social programs, representing 39.2% of the total collected, an increase of 1.9% compared to 2022.
Therefore, these resources are fundamental for areas such as:
- Social Security
- Sport
- Cultura
- Public security
- Education
- Health
Sport sponsorship
With regard to sport, CAIXA plays a fundamental role, being the paying agent for Bolsa Atleta, an individual sponsorship program for Brazilian athletes.
In 2023, it renewed sponsorship contracts with the Brazilian Paralympic Committee (CPB) and the Brazilian Athletics Confederation (CBAt).
In addition, it signed partnerships with the National Basketball League and the Women’s Basketball League, reinforcing its commitment to the development of national sport.
But investment in sports is not limited to just sponsoring events and athletes. CAIXA also invests in social inclusion and the development of new talents.
In 2023, athletes sponsored by Loterias CAIXA won titles and medals in important competitions, such as
- World Artistic Gymnastics Championship
- Pan American and Parapan American Games
It is worth highlighting women’s gymnastics, which achieved its best historical campaign with six medals at the World Artistic Gymnastics Championships.
Caixa supports the creation of Real Digital (DREX)
Another relevant point is CAIXA’s support for the creation of Real Digital (DREX), the new Brazilian digital currency. Through a pilot project in partnership with ELO and Microsoft, CAIXA is conducting privacy tests to validate market solutions.
This aims to improve financial services, lower costs and democratize access to financial transactions.
Therefore, with the arrival of DREX and the use of technologies such as blockchain and tokenization, greater agility in financial transactions is expected. This will positively impact several sectors, especially real estate financing.
