Bioma Educação Cash Flow 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
Net Income	-67.25	-72.05	-6.69	-109.42	-36.86
Depreciation & Amortization	37.34	45.73	49.09	42.37	39.23
Other Amortization	-	4.57	-	-	-
Loss (Gain) From Sale of Assets	-	-	-	3.18	-
Asset Writedown & Restructuring Costs	50.76	8.61	7.04	9.02	0.64
Loss (Gain) on Equity Investments	-	-	-	0.08	1.41
Stock-Based Compensation	0.48	0.57	1.09	0.65	1.23
Provision & Write-off of Bad Debts	4.39	6.74	7.83	-6.06	2.05
Other Operating Activities	44.42	36.39	57.93	41.98	3.34
Change in Accounts Receivable	-0.42	-5.75	-12.7	6.75	0.7
Change in Accounts Payable	0.53	-2.82	-1.41	-1.06	4.14
Change in Unearned Revenue	1.93	4.13	4.17	6.76	5.65
Change in Income Taxes	-3.09	8.78	41.76	-2	-2.05
Change in Other Net Operating Assets	-11.81	84.42	-4.2	1.27	11.72
Operating Cash Flow	57.27	119.32	143.9	-6.47	31.19
Operating Cash Flow Growth	-52.01%	-17.08%	-	-	-
Capital Expenditures	-12.3	-10.52	-16.53	-44.64	-46.75
Investment in Securities	-	-	-	-1.06	-23.39
Other Investing Activities	-	-15.88	-	-	-
Investing Cash Flow	-12.3	-26.4	-16.53	-45.7	-70.14
Long-Term Debt Issued	-	21.92	126.18	201.33	109.96
Long-Term Debt Repaid	-48.39	-133.74	-253.47	-109.38	-54.6
Net Debt Issued (Repaid)	-48.39	-111.82	-127.28	91.96	55.36
Issuance of Common Stock	-	-	24.33	49.32	16.13
Other Financing Activities	-0.21	-2.36	-7.12	-81.97	-62.25
Financing Cash Flow	-48.6	-114.19	-110.07	59.31	9.24
Net Cash Flow	-3.63	-21.26	17.3	7.14	-29.71
Free Cash Flow	44.97	108.81	127.37	-51.11	-15.56
Free Cash Flow Growth	-58.67%	-14.57%	-	-	-
Free Cash Flow Margin	13.51%	30.68%	33.72%	-14.31%	-5.83%
Free Cash Flow Per Share	-	4.09	4.98	-2.45	-1.23
Levered Free Cash Flow	46.97	27.36	2.79	-81.11	2.56
Unlevered Free Cash Flow	72.82	41.53	25.86	-64.93	17.15
Change in Working Capital	-12.87	88.76	27.61	11.72	20.16

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