BVMF:AFLT3 Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	49.16	86	67.31	72.06	120.32
Revenue Growth (YoY)	-42.83%	27.77%	-6.59%	-40.11%	234.87%
Selling, General & Admin	3.24	2.87	3.04	4.12	1.27
Depreciation & Amortization	0.09	0.14	0.15	0.11	0.06
Provision for Bad Debts	0.15	-0.11	0.19	0.02	-0.01
Other Operating Expenses	13.22	39.47	33.8	29.49	15.76
Total Operating Expenses	16.7	42.37	37.18	33.74	17.09
Operating Income	32.46	43.63	30.12	38.32	103.23
Interest Expense	-1.6	-0.11	-0.01	-0.03	-0.04
Interest Income	2.99	1.75	1.45	2.93	0.98
Net Interest Expense	1.39	1.64	1.43	2.91	0.94
Currency Exchange Gain (Loss)	3.47	-0.71	-	-	-
Other Non-Operating Income (Expenses)	-5.95	0.14	0.19	-0.02	0.02
EBT Excluding Unusual Items	31.37	44.7	31.74	41.21	104.19
Legal Settlements	-0.02	-0.01	0.09	-0.06	-0.02
Pretax Income	31.35	44.69	31.83	41.15	104.16
Income Tax Expense	7.52	10.66	3.12	3.66	4.36
Net Income	23.83	34.03	28.71	37.49	99.81
Net Income to Common	23.83	34.03	28.71	37.49	99.81
Net Income Growth	-29.97%	18.52%	-23.41%	-62.44%	433.48%
Shares Outstanding (Basic)	63	63	63	63	63
Shares Outstanding (Diluted)	63	63	63	63	63
EPS (Basic)	0.38	0.54	0.46	0.59	1.58
EPS (Diluted)	0.38	0.54	0.46	0.59	1.58
EPS Growth	-29.97%	18.52%	-23.41%	-62.44%	433.48%
Free Cash Flow	46.98	9.98	19.23	18.79	26.28
Free Cash Flow Per Share	0.74	0.16	0.30	0.30	0.42
Dividend Per Share	0.142	0.214	0.114	0.150	0.430
Dividend Growth	-33.52%	88.11%	-24.14%	-65.12%	35.63%
Profit Margin	48.47%	39.57%	42.66%	52.03%	82.95%
Free Cash Flow Margin	95.57%	11.61%	28.57%	26.08%	21.84%
EBITDA	32.61	43.82	30.32	38.5	103.31
EBITDA Margin	66.33%	50.95%	45.05%	53.42%	85.86%
D&A For EBITDA	0.15	0.19	0.2	0.17	0.08
EBIT	32.46	43.63	30.12	38.32	103.23
EBIT Margin	66.02%	50.73%	44.76%	53.18%	85.80%
Effective Tax Rate	23.98%	23.86%	9.80%	8.89%	4.18%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.