CCR S.A. (BVMF: CCRO3)

CCR S.A. 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
Revenue	21,786	18,933	19,182	12,244	9,889	10,591
Revenue Growth (YoY)	31.49%	-1.30%	56.66%	23.81%	-6.62%	9.01%
Cost of Revenue	12,310	9,319	6,319	4,514	4,107	4,211
Gross Profit	9,476	9,613	12,862	7,730	5,783	6,380
Selling, General & Admin	1,547	1,527	1,232	804.59	737.98	722.56
Other Operating Expenses	253.3	378.99	602.36	72.71	76.94	254.45
Operating Expenses	3,473	3,460	3,592	4,033	3,237	2,923
Operating Income	6,003	6,154	9,270	3,698	2,546	3,457
Interest Expense	-2,541	-3,206	-3,153	-1,763	-1,353	-1,114
Interest & Investment Income	746.96	1,011	823.55	-	-	234.36
Earnings From Equity Investments	227.11	179.39	254.11	84.86	-36.29	94.04
Currency Exchange Gain (Loss)	-11.38	38.18	56.09	-	-	-35.06
Other Non Operating Income (Expenses)	-1,249	-1,056	-834.21	-	13.48	-325.32
EBT Excluding Unusual Items	3,175	3,121	6,417	2,020	1,170	2,311
Gain (Loss) on Sale of Investments	1.37	1.37	511.1	-	-	-
Legal Settlements	-157.64	-110.83	77.12	-139.63	-488.56	-3.11
Pretax Income	3,019	3,011	7,005	1,880	681.36	2,308
Income Tax Expense	1,221	1,157	2,793	1,075	595.24	881.17
Earnings From Continuing Operations	1,798	1,855	4,212	805.6	86.11	1,426
Minority Interest in Earnings	-212.9	-149.66	-79.09	-109.97	104.92	11.8
Net Income	1,585	1,705	4,133	695.63	191.03	1,438
Net Income to Common	1,585	1,705	4,133	695.63	191.03	1,438
Net Income Growth	69.66%	-58.75%	494.15%	264.14%	-86.72%	83.75%
Shares Outstanding (Basic)	2,016	2,018	2,020	2,020	2,020	2,020
Shares Outstanding (Diluted)	2,020	2,020	2,020	2,020	2,020	2,020
Shares Change (YoY)	-	-	-0.00%	0.00%	0.00%	-
EPS (Basic)	0.79	0.84	2.05	0.34	0.09	0.71
EPS (Diluted)	0.78	0.84	2.05	0.34	0.09	0.71
EPS Growth	69.66%	-58.75%	494.15%	264.14%	-86.72%	83.75%
Free Cash Flow	6,934	6,452	6,162	4,411	3,987	4,820
Free Cash Flow Per Share	3.43	3.19	3.05	2.18	1.97	2.39
Dividend Per Share	0.201	0.358	0.329	0.164	0.275	0.762
Dividend Growth	3.84%	8.53%	101.38%	-40.43%	-63.98%	10.00%
Gross Margin	43.50%	50.78%	67.05%	63.13%	58.47%	60.24%
Operating Margin	27.55%	32.50%	48.33%	30.20%	25.75%	32.64%
Profit Margin	7.27%	9.00%	21.55%	5.68%	1.93%	13.58%
Free Cash Flow Margin	31.83%	34.08%	32.12%	36.02%	40.32%	45.52%
EBITDA	7,464	7,553	10,809	6,684	4,967	5,191
EBITDA Margin	34.26%	39.89%	56.35%	54.59%	50.23%	49.01%
D&A For EBITDA	1,461	1,399	1,539	2,986	2,421	1,734
EBIT	6,003	6,154	9,270	3,698	2,546	3,457
EBIT Margin	27.55%	32.50%	48.33%	30.20%	25.75%	32.64%
Effective Tax Rate	40.46%	38.42%	39.87%	57.15%	87.36%	38.19%
Advertising Expenses	-	69.5	40.12	33.56	34.35	40.29

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