BVMF:AZTE3 Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	3.54	2.87	2.2
Revenue Growth (YoY)	60.97%	30.71%	-
Cost of Revenue	1.1	1.17	1.49
Gross Profit	2.44	1.7	0.71
Selling, General & Admin	8.56	9.31	3.52
Other Operating Expenses	-3.54	-3.5	-3.14
Operating Expenses	8.62	9.69	3.91
Operating Income	-6.19	-7.99	-3.2
Interest Expense	-2.82	-3.2	-0.39
Interest & Investment Income	0	0	-
Currency Exchange Gain (Loss)	-0.04	-0.04	-
Other Non Operating Income (Expenses)	-0.04	-0.05	-0
EBT Excluding Unusual Items	-9.09	-11.27	-3.59
Gain (Loss) on Sale of Assets	-	-	-53.97
Pretax Income	-9.09	-11.27	-57.56
Income Tax Expense	-1.29	-1.42	-18.91
Net Income	-7.79	-9.85	-38.65
Net Income to Common	-7.79	-9.85	-38.65
Shares Outstanding (Basic)	247	339	193
Shares Outstanding (Diluted)	247	339	193
Shares Change (YoY)	27.91%	75.47%	-
EPS (Basic)	-0.03	-0.03	-0.20
EPS (Diluted)	-0.03	-0.03	-0.20
Free Cash Flow	-97.83	-103.58	-195.48
Free Cash Flow Per Share	-0.40	-0.30	-1.01
Gross Margin	68.82%	59.14%	32.35%
Operating Margin	-174.93%	-277.97%	-145.63%
Profit Margin	-220.29%	-342.99%	-1758.46%
Free Cash Flow Margin	-2765.23%	-3605.12%	-8893.40%
EBITDA	-3.3	-4.36	0.78
EBITDA Margin	-93.33%	-151.83%	35.49%
D&A For EBITDA	2.89	3.62	3.98
EBIT	-6.19	-7.99	-3.2
EBIT Margin	-174.93%	-277.97%	-145.63%

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