Armac Locação, Logística e Serviços S.A. (BVMF: ARML3)

BVMF: ARML3 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,691	1,361	951.75	389.75	111.29	61.37
Revenue Growth (YoY)	36.21%	43.00%	144.19%	250.20%	81.34%	43.61%
Cost of Revenue	972.2	734.14	504.13	201.9	61.04	34.48
Gross Profit	719.27	626.83	447.62	187.85	50.25	26.89
Selling, General & Admin	138.56	149.84	112.24	40.95	10.43	4.29
Other Operating Expenses	1.05	1.38	0.3	2.02	-	-
Operating Expenses	171.52	171.74	127.31	47.2	10.43	4.29
Operating Income	547.75	455.09	320.31	140.65	39.82	22.61
Interest Expense	-367.79	-338.18	-268.04	-63.34	-16.2	-7.81
Interest & Investment Income	99.27	96.21	126.76	28.41	0.86	0.3
Other Non Operating Income (Expenses)	-14.51	-14.29	-11.04	-4.92	-	-
EBT Excluding Unusual Items	264.72	198.84	167.99	100.8	24.48	15.09
Other Unusual Items	-	-	-	-11.21	-	-
Pretax Income	264.72	198.84	167.99	89.59	24.48	15.09
Income Tax Expense	54.62	35.55	19.4	31.53	6.95	5.92
Net Income	206.2	163.28	148.59	58.06	17.53	9.16
Net Income to Common	206.2	163.28	148.59	58.06	17.53	9.16
Net Income Growth	22.52%	9.89%	155.91%	231.17%	91.32%	45.02%
Shares Outstanding (Basic)	346	346	345	346	233	55
Shares Outstanding (Diluted)	346	346	346	346	233	55
Shares Change (YoY)	-0.20%	-0.05%	0.05%	48.37%	322.14%	0.01%
EPS (Basic)	0.60	0.47	0.43	0.17	0.08	0.17
EPS (Diluted)	0.59	0.47	0.43	0.17	0.08	0.17
EPS Growth	21.25%	9.30%	156.06%	123.21%	-54.68%	45.01%
Free Cash Flow	49.7	125.88	-693.61	-592.59	-74.98	23.63
Free Cash Flow Per Share	0.14	0.36	-2.00	-1.71	-0.32	0.43
Dividend Per Share	0.066	0.237	0.218	0.137	-	-
Dividend Growth	-77.24%	8.83%	58.51%	-	-	-
Gross Margin	42.52%	46.06%	47.03%	48.20%	45.15%	43.82%
Operating Margin	32.38%	33.44%	33.66%	36.09%	35.78%	36.83%
Profit Margin	12.19%	12.00%	15.61%	14.90%	15.75%	14.93%
Free Cash Flow Margin	2.94%	9.25%	-72.88%	-152.04%	-67.37%	38.51%
EBITDA	695.6	623.47	443.52	188.87	55.95	29.61
EBITDA Margin	41.12%	45.81%	46.60%	48.46%	50.27%	48.24%
D&A For EBITDA	147.85	168.39	123.21	48.22	16.13	7
EBIT	547.75	455.09	320.31	140.65	39.82	22.61
EBIT Margin	32.38%	33.44%	33.66%	36.09%	35.78%	36.83%
Effective Tax Rate	20.63%	17.88%	11.55%	35.19%	28.38%	39.26%

Source: S&P Capital IQ. Standard template. Financial Sources.