BB Seguridade Participações S.A. (BVMF: BBSE3)

BVMF: BBSE3 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	4,784	4,424	4,142	3,496	3,251	3,066
Other Revenue	4,890	4,890	3,516	1,830	1,880	2,324
Revenue	9,674	9,315	7,658	5,326	5,132	5,390
Revenue Growth (YoY)	75.58%	21.64%	43.78%	3.78%	-4.79%	19.41%
Cost of Revenue	173.48	188.79	205.87	193.83	176.87	185.71
Gross Profit	9,500	9,126	7,452	5,132	4,955	5,204
Selling, General & Admin	189.52	174.68	124.5	101.38	133.32	99.78
Other Operating Expenses	31.92	31.34	106.09	73.07	12.37	10.61
Operating Expenses	221.44	206.02	230.59	174.45	145.69	110.38
Operating Income	9,279	8,920	7,221	4,958	4,809	5,094
Interest Expense	-39.47	-1.94	-1.17	-1.04	-0.83	-0.83
Other Non Operating Income (Expenses)	-16.49	-54.7	2.11	9.61	-20.34	-17.84
EBT Excluding Unusual Items	9,562	8,863	7,222	4,966	4,788	5,075
Gain (Loss) on Sale of Investments	644.86	644.18	501.62	138.29	132.32	3,851
Legal Settlements	-20.91	-16.12	1.53	2.57	-0.19	1.27
Other Unusual Items	1.83	1.83	-25.16	-27.68	-27.53	-13.97
Pretax Income	10,187	9,493	7,700	5,079	4,893	8,914
Income Tax Expense	1,671	1,546	1,504	1,146	1,042	2,255
Net Income	8,516	7,947	6,196	3,933	3,851	6,659
Net Income to Common	8,516	7,947	6,196	3,933	3,851	6,659
Net Income Growth	11.82%	28.25%	57.54%	2.14%	-42.17%	88.12%
Shares Outstanding (Basic)	1,964	1,993	1,997	1,997	1,997	1,997
Shares Outstanding (Diluted)	1,964	1,993	1,997	1,997	1,997	1,997
Shares Change (YoY)	-1.61%	-0.17%	0.00%	0.00%	0.00%	0.00%
EPS (Basic)	4.34	3.99	3.10	1.97	1.93	3.34
EPS (Diluted)	4.34	3.99	3.10	1.97	1.93	3.34
EPS Growth	13.65%	28.47%	57.54%	2.14%	-42.17%	88.12%
Free Cash Flow	4,010	3,697	3,275	2,825	2,284	893.33
Free Cash Flow Per Share	2.04	1.85	1.64	1.42	1.14	0.45
Dividend Per Share	2.648	2.865	2.876	1.438	1.349	2.788
Dividend Growth	-23.19%	-0.39%	99.98%	6.60%	-51.61%	91.22%
Gross Margin	98.21%	97.97%	97.31%	96.36%	96.55%	96.55%
Operating Margin	95.92%	95.76%	94.30%	93.09%	93.71%	94.51%
Profit Margin	88.03%	85.32%	80.92%	73.85%	75.04%	123.54%
Free Cash Flow Margin	41.45%	39.69%	42.77%	53.05%	44.51%	16.57%
EBITDA	9,279	8,921	7,222	4,959	4,810	5,095
EBITDA Margin	95.92%	95.77%	94.32%	93.11%	93.73%	94.52%
D&A For EBITDA	-0.24	0.45	1.29	1.07	1.01	0.89
EBIT	9,279	8,920	7,221	4,958	4,809	5,094
EBIT Margin	95.92%	95.76%	94.30%	93.09%	93.71%	94.51%
Effective Tax Rate	16.41%	16.29%	19.53%	22.57%	21.29%	25.30%
Revenue as Reported	9,315	9,315	7,658	5,326	5,132	5,390
Advertising Expenses	-	6.19	2.99	0.73	0.15	3.37

Source: S&P Capital IQ. Standard template. Financial Sources.