São Paulo Turismo 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	673.41	726.36	609.51	302.3	173.74	213.57
Revenue Growth (YoY)	-5.77%	19.17%	101.63%	73.99%	-18.65%	85.97%
Cost of Revenue	549.45	550.39	428.32	165.99	126.76	158.18
Gross Profit	123.96	175.98	181.19	136.31	46.99	55.39
Selling, General & Admin	53.19	47.51	46.18	107.2	82.73	58.66
Other Operating Expenses	-5.41	-19	10.86	-53.94	6.72	7.82
Operating Expenses	49.63	30.23	58.49	54.18	90.12	67.21
Operating Income	74.33	145.74	122.7	82.12	-43.13	-11.83
Interest Expense	-	-	-1.54	-0.51	-0.08	-0.04
Interest & Investment Income	26.03	7.39	3.54	1.64	0.3	0.39
Other Non Operating Income (Expenses)	-10.9	-10.9	-12.71	-14.73	-31.72	-12.19
EBT Excluding Unusual Items	89.46	142.23	111.98	68.52	-74.62	-23.67
Asset Writedown	-	-	-	-	-	-0.26
Pretax Income	89.46	142.23	111.98	68.52	-74.62	-23.93
Income Tax Expense	6.95	-8	26.05	3.78	-	-
Earnings From Continuing Operations	82.51	150.24	85.93	64.73	-74.62	-23.93
Net Income	82.51	150.24	85.93	64.73	-74.62	-23.93
Net Income to Common	82.51	150.24	85.93	64.73	-74.62	-23.93
Net Income Growth	-42.34%	74.84%	32.74%	-	-	-
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	-	0.05%	0.02%	-0.08%	0.37%	13.25%
EPS (Basic)	9.66	17.58	10.06	7.58	-8.73	-2.81
EPS (Diluted)	9.66	17.58	10.06	7.58	-8.73	-2.81
EPS Growth	-42.34%	74.75%	32.72%	-	-	-
Free Cash Flow	6.44	33.07	12.14	24.44	-27.99	23.64
Free Cash Flow Per Share	0.75	3.87	1.42	2.86	-3.27	2.78
Gross Margin	18.41%	24.23%	29.73%	45.09%	27.04%	25.93%
Operating Margin	11.04%	20.06%	20.13%	27.17%	-24.82%	-5.54%
Profit Margin	12.25%	20.68%	14.10%	21.41%	-42.95%	-11.20%
Free Cash Flow Margin	0.96%	4.55%	1.99%	8.08%	-16.11%	11.07%
EBITDA	78.41	151.65	129.64	88.81	-35.12	-4.99
EBITDA Margin	11.64%	20.88%	21.27%	29.38%	-20.21%	-2.34%
D&A For EBITDA	4.08	5.91	6.94	6.69	8.01	6.84
EBIT	74.33	145.74	122.7	82.12	-43.13	-11.83
EBIT Margin	11.04%	20.06%	20.13%	27.17%	-24.82%	-5.54%
Effective Tax Rate	7.77%	-	23.26%	5.52%	-	-
Advertising Expenses	-	0.09	0.01	0.11	0.28	0.15

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