Azevedo & Travassos 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	349.43	151.82	429.82	384.47	76.86
Revenue Growth (YoY)	130.16%	-64.68%	11.79%	400.20%	201.00%
Cost of Revenue	292.21	149.27	387.72	374.18	53.13
Gross Profit	57.22	2.55	42.1	10.29	23.74
Selling, General & Admin	286.15	121.64	138.91	129.11	26.11
Other Operating Expenses	-137.86	14.56	-6.63	8.68	-23.59
Operating Expenses	148.29	136.2	132.28	137.79	2.52
Operating Income	-91.08	-133.65	-90.18	-127.51	21.22
Interest Expense	-140.98	-83.36	-40.49	-26.28	-3.82
Interest & Investment Income	0.01	0.12	1.16	1.45	0.02
Earnings From Equity Investments	-11.99	-	-	-0.04	-5.22
Other Non Operating Income (Expenses)	-8.91	0.19	-	-	0.01
EBT Excluding Unusual Items	-252.94	-216.69	-129.51	-152.38	12.21
Gain (Loss) on Sale of Investments	-139.24	-	-	-	-
Gain (Loss) on Sale of Assets	-0.57	-66.03	-	-	207.61
Legal Settlements	-143.17	-70.62	-	-	-
Other Unusual Items	-	6.07	-	-	-
Pretax Income	-535.92	-347.28	-129.51	-152.38	219.81
Income Tax Expense	82.39	-80.79	-78.71	-72.41	29.68
Earnings From Continuing Operations	-618.31	-266.49	-50.81	-79.97	190.14
Net Income	-618.31	-266.49	-50.81	-79.97	190.14
Net Income to Common	-618.31	-266.49	-50.81	-79.97	190.14
Shares Outstanding (Basic)	593	198	169	77	54
Shares Outstanding (Diluted)	593	198	169	77	54
Shares Change (YoY)	200.00%	16.67%	120.23%	41.22%	175.00%
EPS (Basic)	-1.04	-1.35	-0.30	-1.04	3.49
EPS (Diluted)	-1.04	-1.35	-0.30	-1.04	3.49
Free Cash Flow	-687.82	-115.57	-275.95	-92.54	-128.55
Free Cash Flow Per Share	-1.16	-0.58	-1.63	-1.20	-2.36
Gross Margin	16.37%	1.68%	9.79%	2.67%	30.88%
Operating Margin	-26.06%	-88.03%	-20.98%	-33.16%	27.60%
Profit Margin	-176.95%	-175.53%	-11.82%	-20.80%	247.37%
Free Cash Flow Margin	-196.84%	-76.12%	-64.20%	-24.07%	-167.25%
EBITDA	121.9	-94.88	-53.22	-88.62	21.9
EBITDA Margin	34.88%	-62.50%	-12.38%	-23.05%	28.49%
D&A For EBITDA	212.97	38.77	36.96	38.89	0.68
EBIT	-91.08	-133.65	-90.18	-127.51	21.22
EBIT Margin	-26.06%	-88.03%	-20.98%	-33.16%	27.60%
Effective Tax Rate	-	-	-	-	13.50%

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