BVMF:AALR3 Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,240	1,217	1,180	1,085	1,137	928.79
Revenue Growth (YoY)	2.92%	3.17%	8.72%	-4.54%	22.37%	-13.43%
Cost of Revenue	907.04	861.34	814.78	759.26	780.53	763.47
Gross Profit	332.6	355.66	364.8	325.75	356.04	165.32
Selling, General & Admin	246.32	248.6	325.08	338.41	261.93	172.16
Other Operating Expenses	-31.05	-5.95	6.98	30.45	11.89	14.55
Operating Expenses	215.27	242.65	332.06	368.86	273.82	186.71
Operating Income	117.34	113.01	32.75	-43.12	82.22	-21.38
Interest Expense	-124.89	-208.46	-238.37	-201.2	-85.72	-55.56
Interest & Investment Income	-	-	-	-	-	4.13
Earnings From Equity Investments	-	-	6.16	11.08	5.95	12.26
Currency Exchange Gain (Loss)	-	-	-	-	-	-86.66
Other Non Operating Income (Expenses)	-36.53	-	-	-	-	74.15
Pretax Income	-44.08	-95.45	-199.47	-233.23	2.46	-73.07
Income Tax Expense	26.57	21.79	19.09	-13.99	0.47	19.36
Earnings From Continuing Operations	-70.65	-117.24	-218.56	-219.24	1.99	-92.43
Minority Interest in Earnings	-9.84	-11.88	-9.32	-8.57	-7.61	-4.99
Net Income	-80.49	-129.12	-227.88	-227.81	-5.63	-97.42
Net Income to Common	-80.49	-129.12	-227.88	-227.81	-5.63	-97.42
Shares Outstanding (Basic)	144	118	118	118	117	118
Shares Outstanding (Diluted)	144	118	118	118	117	118
Shares Change (YoY)	21.60%	-	0.43%	0.52%	-0.72%	0.03%
EPS (Basic)	-0.56	-1.09	-1.93	-1.93	-0.05	-0.83
EPS (Diluted)	-0.56	-1.09	-1.93	-1.93	-0.05	-0.83
Free Cash Flow	-84.03	-140.41	10.78	74.29	48.64	51.16
Free Cash Flow Per Share	-0.58	-1.19	0.09	0.63	0.41	0.43
Gross Margin	26.83%	29.22%	30.93%	30.02%	31.33%	17.80%
Operating Margin	9.46%	9.29%	2.78%	-3.97%	7.23%	-2.30%
Profit Margin	-6.49%	-10.61%	-19.32%	-21.00%	-0.50%	-10.49%
Free Cash Flow Margin	-6.78%	-11.54%	0.91%	6.85%	4.28%	5.51%
EBITDA	152.69	164.9	71.52	74.62	201.83	47.9
EBITDA Margin	12.32%	13.55%	6.06%	6.88%	17.76%	5.16%
D&A For EBITDA	35.36	51.89	38.77	117.74	119.6	69.28
EBIT	117.34	113.01	32.75	-43.12	82.22	-21.38
EBIT Margin	9.46%	9.29%	2.78%	-3.97%	7.23%	-2.30%
Effective Tax Rate	-	-	-	-	19.05%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.