BVMF:ARML3 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	1,888	1,766	1,361	951.75	389.75
Revenue Growth (YoY)	6.90%	29.76%	43.00%	144.19%	250.20%
Cost of Revenue	1,247	1,051	734.14	504.13	201.9
Gross Profit	641.2	714.62	626.83	447.62	187.85
Selling, General & Admin	207.24	161.12	149.85	112.24	40.95
Other Operating Expenses	-15.02	4.77	1.38	0.3	2.02
Operating Expenses	218.71	191.57	171.74	127.31	47.2
Operating Income	422.49	523.05	455.09	320.31	140.65
Interest Expense	-431.85	-404.09	-347.48	-268.04	-63.34
Interest & Investment Income	82.8	111.74	96.21	126.76	28.41
Other Non Operating Income (Expenses)	-26.81	-4.85	-4.98	-11.04	-4.92
EBT Excluding Unusual Items	46.63	225.84	198.84	167.99	100.8
Other Unusual Items	-	-	-	-	-11.21
Pretax Income	46.63	225.84	198.84	167.99	89.59
Income Tax Expense	-27.15	50.2	35.55	19.4	31.53
Earnings From Continuing Operations	73.77	175.64	163.28	148.59	58.06
Minority Interest in Earnings	-6.69	-5.44	-	-	-
Net Income	67.08	170.2	163.28	148.59	58.06
Net Income to Common	67.08	170.2	163.28	148.59	58.06
Net Income Growth	-60.59%	4.23%	9.89%	155.91%	231.17%
Shares Outstanding (Basic)	346	346	346	345	346
Shares Outstanding (Diluted)	346	346	346	346	346
Shares Change (YoY)	0.11%	0.04%	-0.05%	0.05%	48.37%
EPS (Basic)	0.19	0.49	0.47	0.43	0.17
EPS (Diluted)	0.19	0.49	0.47	0.43	0.17
EPS Growth	-61.22%	4.25%	9.30%	156.06%	123.21%
Dividend Per Share	0.618	0.314	0.171	0.218	0.137
Dividend Growth	96.52%	84.07%	-21.49%	58.51%	-
Gross Margin	33.97%	40.47%	46.06%	47.03%	48.20%
Operating Margin	22.38%	29.62%	33.44%	33.66%	36.09%
Profit Margin	3.55%	9.64%	12.00%	15.61%	14.90%
EBITDA	644.45	711.01	623.47	443.52	188.87
EBITDA Margin	34.14%	40.26%	45.81%	46.60%	48.46%
D&A For EBITDA	221.96	187.96	168.39	123.21	48.22
EBIT	422.49	523.05	455.09	320.31	140.65
EBIT Margin	22.38%	29.62%	33.44%	33.66%	36.09%
Effective Tax Rate	-	22.23%	17.88%	11.55%	35.19%

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