Azevedo & Travassos Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Cash & Equivalents	39.5	30.07	3.15	2.09	11.67	19.34
Cash & Short-Term Investments	39.5	30.07	3.15	2.09	11.67	19.34
Cash Growth	261.36%	854.30%	50.77%	-82.09%	-39.65%	321.97%
Accounts Receivable	147.27	98.62	66.82	79.46	89.68	33.97
Other Receivables	58.66	61.33	16.31	33.04	28.86	11.09
Receivables	205.93	159.94	83.13	112.5	118.54	45.07
Inventory	25.28	20.4	17.67	24.31	43.21	37.37
Prepaid Expenses	3.17	5.18	0.87	2.2	3.77	0.49
Other Current Assets	100.47	25.83	21.25	15.54	2.19	15.25
Total Current Assets	374.35	241.42	126.06	156.64	179.37	117.53
Property, Plant & Equipment	80.12	78.21	69.85	242.63	79.97	60.59
Long-Term Investments	540.29	534.52	-	-	-	-
Other Intangible Assets	118.85	122.19	260.88	139.21	166.18	199.5
Long-Term Deferred Tax Assets	175.29	158.04	190.55	114.31	74.95	-
Other Long-Term Assets	42.02	39.97	40.9	71.69	46.37	41.49
Total Assets	1,331	1,174	688.23	724.48	546.84	419.11
Accounts Payable	141.81	126.22	88.56	73.74	39.84	27.64
Accrued Expenses	140.83	118.91	137.25	207.26	100.57	42.81
Short-Term Debt	185.84	180.15	66.21	-	-	-
Current Portion of Long-Term Debt	25.58	18.48	3.6	29.32	33.87	19.01
Current Portion of Leases	4.37	4.49	5.55	0.5	16.97	-
Current Income Taxes Payable	0.76	0.66	0.38	-	-	0.44
Other Current Liabilities	187.28	84.35	12.32	7.2	36.97	7.89
Total Current Liabilities	686.46	533.27	313.86	318.02	228.22	97.78
Long-Term Debt	2.52	11.31	2.67	8.35	9.66	-
Long-Term Leases	24.78	25.79	31.42	0.94	6.8	-
Long-Term Deferred Tax Liabilities	28.11	10.38	1.49	6.1	32.13	29.59
Other Long-Term Liabilities	476.42	481.87	202.42	73.96	173.03	184.76
Total Liabilities	1,218	1,063	551.85	407.36	449.84	312.14
Common Stock	1,209	1,209	651.19	565.44	294.52	224.52
Retained Earnings	-1,096	-1,097	-514.81	-248.32	-197.52	-117.55
Total Common Equity	112.66	111.7	136.38	317.12	97	106.97
Shareholders' Equity	112.66	111.7	136.38	317.12	97	106.97
Total Liabilities & Equity	1,331	1,174	688.23	724.48	546.84	419.11
Total Debt	243.08	240.22	109.45	39.1	67.3	19.01
Net Cash (Debt)	-203.58	-210.15	-106.3	-37.01	-55.63	0.33
Net Cash Per Share	-0.34	-0.35	-0.54	-0.22	-0.72	0.01
Filing Date Shares Outstanding	592.76	592.76	197.59	167.81	77.18	54.45
Total Common Shares Outstanding	592.76	592.76	197.59	167.81	77.18	54.45
Working Capital	-312.11	-291.86	-187.8	-161.38	-48.85	19.74
Book Value Per Share	0.19	0.19	0.69	1.89	1.26	1.96
Tangible Book Value	-6.19	-10.48	-124.5	177.91	-69.18	-92.53
Tangible Book Value Per Share	-0.01	-0.02	-0.63	1.06	-0.90	-1.70
Land	25	25	-	-	34.09	34.09
Machinery	41.89	39.81	34.91	-	35.68	27.6
Construction In Progress	-	-	-	-	-	0.03
Leasehold Improvements	0.24	0.24	0.24	-	0.24	-
Order Backlog	-	34,500	-	-	-	380