Azevedo & Travassos 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	268.15	151.82	429.82	384.47	76.86	25.54
Revenue Growth (YoY)	41.35%	-64.68%	11.79%	400.20%	201.00%	1356.70%
Cost of Revenue	245.99	149.27	387.72	374.18	53.13	23.91
Gross Profit	22.17	2.55	42.1	10.29	23.74	1.63
Selling, General & Admin	119.05	121.64	138.91	129.11	26.11	6.8
Other Operating Expenses	7.71	14.56	24.36	8.68	-23.59	14.79
Operating Expenses	306.03	136.2	163.27	137.79	2.52	21.6
Operating Income	-283.86	-133.65	-121.17	-127.51	21.22	-19.97
Interest Expense	-173.09	-83.36	-37.94	-26.28	-3.82	-16.76
Interest & Investment Income	2.28	2.38	0.4	1.45	0.02	0.02
Earnings From Equity Investments	-	-	-	-0.04	-5.22	-
Other Non Operating Income (Expenses)	-0.88	-2.06	-1.8	-	0.01	-
EBT Excluding Unusual Items	-455.55	-216.69	-160.5	-152.38	12.21	-36.71
Gain (Loss) on Sale of Assets	-13.41	-66.03	1.67	-	207.61	-
Legal Settlements	-192.72	-70.62	-2.79	-	-	-
Other Unusual Items	6.07	6.07	32.1	-	-	-
Pretax Income	-659.61	-347.28	-129.51	-152.38	219.81	-36.71
Income Tax Expense	62.7	-80.79	-78.71	-72.41	29.68	0.16
Earnings From Continuing Operations	-722.31	-266.49	-50.81	-79.97	190.14	-36.87
Net Income	-722.31	-266.49	-50.81	-79.97	190.14	-36.87
Net Income to Common	-722.31	-266.49	-50.81	-79.97	190.14	-36.87
Shares Outstanding (Basic)	593	198	169	77	54	20
Shares Outstanding (Diluted)	593	198	169	77	54	20
Shares Change (YoY)	200.00%	16.67%	120.23%	41.22%	175.00%	266.67%
EPS (Basic)	-1.22	-1.35	-0.30	-1.04	3.49	-1.86
EPS (Diluted)	-1.22	-1.35	-0.30	-1.04	3.49	-1.86
Free Cash Flow	-521.67	-115.57	-90.57	-92.54	-128.55	10.12
Free Cash Flow Per Share	-0.88	-0.58	-0.54	-1.20	-2.36	0.51
Gross Margin	8.27%	1.68%	9.79%	2.67%	30.88%	6.38%
Operating Margin	-105.86%	-88.03%	-28.19%	-33.16%	27.60%	-78.19%
Profit Margin	-269.37%	-175.53%	-11.82%	-20.80%	247.37%	-144.38%
Free Cash Flow Margin	-194.54%	-76.12%	-21.07%	-24.07%	-167.25%	39.63%
EBITDA	-64.83	-94.88	-84.66	-88.62	21.9	-18.44
EBITDA Margin	-24.18%	-62.50%	-19.70%	-23.05%	28.49%	-72.20%
D&A For EBITDA	219.03	38.77	36.51	38.89	0.68	1.53
EBIT	-283.86	-133.65	-121.17	-127.51	21.22	-19.97
EBIT Margin	-105.86%	-88.03%	-28.19%	-33.16%	27.60%	-78.19%
Effective Tax Rate	-	-	-	-	13.50%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.