BVMF:CEDO4 Income 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
Revenue	828.83	1,037	1,115	1,228	954.28
Revenue Growth (YoY)	-20.06%	-7.05%	-9.14%	28.65%	54.26%
Cost of Revenue	635	729.59	779.92	1,025	804.76
Gross Profit	193.84	307.19	335.52	202.37	149.52
Selling, General & Admin	95.66	118.12	113.66	121.34	95.55
Other Operating Expenses	44.93	22.62	33.84	12.86	10.06
Operating Expenses	140.59	140.74	147.5	134.2	105.61
Operating Income	53.25	166.46	188.02	68.17	43.91
Interest Expense	-79.93	-73.7	-66.05	-73.08	-33.33
Interest & Investment Income	5.78	6.03	4.05	4.06	2.28
Earnings From Equity Investments	-12.8	-	-	-	-
Currency Exchange Gain (Loss)	0.11	-0.59	0.3	1.01	-0.86
Other Non Operating Income (Expenses)	-9.19	-14.87	-25.81	-24.52	-14.52
EBT Excluding Unusual Items	-42.79	83.34	100.51	-24.37	-2.52
Gain (Loss) on Sale of Assets	-1.18	-1.21	0.68	0.69	0.67
Pretax Income	-43.96	82.13	101.19	-23.67	-1.85
Income Tax Expense	-11.27	-28.46	21	3.35	0.17
Earnings From Continuing Operations	-32.7	110.59	80.19	-27.02	-2.02
Minority Interest in Earnings	-	-0.06	0.17	9.07	3.55
Net Income	-32.7	110.54	80.35	-17.95	1.53
Net Income to Common	-32.7	110.54	80.35	-17.95	1.53
Net Income Growth	-	37.56%	-	-	-
Shares Outstanding (Basic)	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10
Shares Change (YoY)	0.11%	-	-	-	-
EPS (Basic)	-3.27	11.05	8.04	-1.79	0.15
EPS (Diluted)	-3.27	11.05	8.04	-1.79	0.15
EPS Growth	-	37.56%	-	-	-
Free Cash Flow	-2.25	-6	54.87	-46.98	-61.78
Free Cash Flow Per Share	-0.22	-0.60	5.49	-4.70	-6.18
Gross Margin	23.39%	29.63%	30.08%	16.48%	15.67%
Operating Margin	6.42%	16.05%	16.86%	5.55%	4.60%
Profit Margin	-3.94%	10.66%	7.20%	-1.46%	0.16%
Free Cash Flow Margin	-0.27%	-0.58%	4.92%	-3.83%	-6.47%
EBITDA	68.85	180.07	203.06	81.86	57.5
EBITDA Margin	8.31%	17.37%	18.20%	6.67%	6.02%
D&A For EBITDA	15.6	13.61	15.04	13.69	13.59
EBIT	53.25	166.46	188.02	68.17	43.91
EBIT Margin	6.42%	16.05%	16.86%	5.55%	4.60%
Effective Tax Rate	-	-	20.75%	-	-

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