Alupar Investimento 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
Operating Revenue	2,226	1,746	1,496	1,360	2,049
Other Revenue	2,171	2,256	1,815	2,474	3,185
Revenue	4,398	4,002	3,311	3,834	5,234
Revenue Growth (YoY)	9.89%	20.86%	-13.63%	-26.76%	-14.76%
Selling, General & Admin	214.12	178.57	184.67	149.06	132.25
Other Operating Expenses	1,370	1,080	810.19	824.66	1,327
Total Operating Expenses	1,585	1,258	994.85	973.72	1,459
Operating Income	2,813	2,744	2,317	2,860	3,775
Interest Expense	-1,325	-1,222	-1,166	-1,181	-884.72
Interest Income	391.09	297.14	262.32	225.53	70.96
Net Interest Expense	-934.21	-925.26	-903.9	-955.31	-813.77
Income (Loss) on Equity Investments	301.19	149	41.17	5.97	5.26
Currency Exchange Gain (Loss)	94.05	-15.82	32.66	-7.54	-96.23
Other Non-Operating Income (Expenses)	-31.68	-10.04	-6.2	-3.28	-5.55
EBT Excluding Unusual Items	2,243	1,942	1,480	1,900	2,864
Pretax Income	2,243	1,942	1,480	1,900	2,864
Income Tax Expense	509.49	81.61	329.28	235.96	741.65
Earnings From Continuing Ops.	1,733	1,860	1,151	1,664	2,123
Minority Interest in Earnings	-517.63	-773.82	-456.92	-745.41	-1,007
Net Income	1,216	1,086	694.06	918.47	1,115
Net Income to Common	1,216	1,086	694.06	918.47	1,115
Net Income Growth	11.92%	56.48%	-24.43%	-17.66%	18.40%
Shares Outstanding (Basic)	326	326	326	330	330
Shares Outstanding (Diluted)	326	326	326	330	330
Shares Change (YoY)	0.10%	-	-1.21%	-	-
EPS (Basic)	3.73	3.34	2.13	2.79	3.38
EPS (Diluted)	3.73	3.34	2.13	2.79	3.38
EPS Growth	11.81%	56.48%	-23.51%	-17.66%	18.40%
Free Cash Flow	1,927	2,180	2,016	1,475	840.4
Free Cash Flow Per Share	5.91	6.69	6.19	4.47	2.55
Dividend Per Share	0.750	0.836	1.054	1.280	1.093
Dividend Growth	-10.33%	-20.64%	-17.67%	17.06%	46.44%
Profit Margin	27.64%	27.14%	20.96%	23.96%	21.31%
Free Cash Flow Margin	43.82%	54.46%	60.89%	38.48%	16.06%
EBITDA	2,993	2,914	2,464	3,003	3,907
EBITDA Margin	68.05%	72.82%	74.41%	78.33%	74.64%
D&A For EBITDA	179.54	170.64	147.4	142.84	131.89
EBIT	2,813	2,744	2,317	2,860	3,775
EBIT Margin	63.97%	68.55%	69.96%	74.60%	72.12%
Effective Tax Rate	22.72%	4.20%	22.24%	12.42%	25.89%
Revenue as Reported	4,398	4,002	3,311	3,834	5,234

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