BVMF:CEED3 Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	6,094	5,340	4,793	4,468	4,888	3,134
Other Revenue	-	-	-	-	-	410.18
Revenue	6,094	5,340	4,793	4,468	4,888	3,545
Revenue Growth (YoY)	21.28%	11.42%	7.27%	-8.59%	37.90%	4.82%
Selling, General & Admin	461.61	452.93	427.01	272.87	292.38	332.84
Provision for Bad Debts	66.27	125.13	83.99	53.06	66.76	166.62
Other Operating Expenses	4,994	4,356	3,847	3,844	4,382	3,650
Total Operating Expenses	5,522	4,934	4,358	4,169	4,741	4,149
Operating Income	571.97	405.84	435.3	298.51	146.89	-604.9
Interest Expense	-633.66	-442.25	-362.87	-303.32	-233.4	-1,447
Interest Income	134.4	107.13	126.43	99.96	33.85	415.85
Net Interest Expense	-499.26	-335.12	-236.44	-203.36	-199.55	-1,031
Other Non-Operating Income (Expenses)	-422.18	-310.49	-400.43	-240.76	58.64	-
EBT Excluding Unusual Items	-349.47	-239.77	-201.56	-145.62	5.98	-1,636
Gain (Loss) on Sale of Assets	-95.03	-64.86	-35.37	-5.88	26.99	-
Asset Writedown	-	-	-	-	-6	-
Legal Settlements	-180.15	-183.24	-214.63	-114.67	-451.61	-
Pretax Income	-624.64	-487.88	-451.56	-266.17	-424.63	-1,636
Income Tax Expense	-	-48.99	-	-	-30.4	-13.15
Net Income	-624.64	-438.89	-451.56	-266.17	-394.23	-1,623
Net Income to Common	-624.64	-438.89	-451.56	-266.17	-394.23	-1,623
Shares Outstanding (Basic)	68	68	68	68	68	10
Shares Outstanding (Diluted)	68	68	68	68	68	10
Shares Change (YoY)	-	-	-	-	605.06%	-
EPS (Basic)	-9.15	-6.43	-6.62	-3.90	-5.78	-167.64
EPS (Diluted)	-9.15	-6.43	-6.62	-3.90	-5.78	-167.64
Free Cash Flow	-555.91	-601.99	-197.31	404.09	-428.55	156.88
Free Cash Flow Per Share	-8.14	-8.82	-2.89	5.92	-6.28	16.21
Profit Margin	-10.25%	-8.22%	-9.42%	-5.96%	-8.06%	-45.79%
Free Cash Flow Margin	-9.12%	-11.27%	-4.12%	9.04%	-8.77%	4.43%
EBITDA	791.41	564.12	584.17	462.85	301.66	-458.61
EBITDA Margin	12.99%	10.56%	12.19%	10.36%	6.17%	-12.94%
D&A For EBITDA	219.44	158.28	148.87	164.34	154.77	146.29
EBIT	571.97	405.84	435.3	298.51	146.89	-604.9
EBIT Margin	9.39%	7.60%	9.08%	6.68%	3.00%	-17.07%

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