Cogna Educação Balance Sheet

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
Cash & Equivalents	20.12	94.97	624.48	121.77	1,601	2,205
Short-Term Investments	1,257	1,237	1,167	2,007	2,425	1,976
Cash & Short-Term Investments	1,277	1,332	1,791	2,129	4,027	4,182
Cash Growth	13.39%	-25.63%	-15.86%	-47.13%	-3.71%	406.49%
Accounts Receivable	2,078	2,421	2,266	2,011	2,026	1,877
Other Receivables	327.78	340.04	345.69	400.19	424.84	381.18
Receivables	2,406	2,761	2,612	2,411	2,451	2,258
Inventory	544.45	429.46	476.61	426.32	366.28	366.41
Prepaid Expenses	-	-	-	93.28	-	-
Other Current Assets	97.07	105.01	168.85	-	124.47	2,466
Total Current Assets	4,324	4,627	5,048	5,060	6,968	9,272
Property, Plant & Equipment	3,503	3,676	3,771	4,059	4,201	4,344
Long-Term Investments	89.91	92.72	120.4	144.02	15.45	16.48
Other Intangible Assets	14,685	14,747	14,968	15,152	15,576	15,018
Long-Term Accounts Receivable	176.76	92.69	125.32	306.04	251.59	443.29
Long-Term Deferred Tax Assets	734.68	650.7	665.36	1,175	904.16	838.34
Other Long-Term Assets	309.56	314.17	437.61	501.16	596.51	851.19
Total Assets	23,823	24,200	25,136	26,397	28,513	30,784
Accounts Payable	1,120	1,082	1,268	1,146	964.22	818.4
Accrued Expenses	472.87	427.65	451.72	450.92	475.55	429.45
Current Portion of Long-Term Debt	254.28	660.21	1,455	2,038	2,121	2,049
Current Portion of Leases	213.19	184.27	155.73	146.5	137.92	120.08
Current Income Taxes Payable	39.96	55.59	29.45	55.16	28.49	39.28
Current Unearned Revenue	158.5	181.71	161.42	192.77	176.13	195.2
Other Current Liabilities	126.62	289.71	151.28	39.74	185.12	1,610
Total Current Liabilities	2,386	2,881	3,673	4,069	4,088	5,262
Long-Term Debt	3,483	3,451	3,482	3,176	4,746	5,172
Long-Term Leases	2,536	2,689	2,685	2,867	2,889	2,912
Long-Term Deferred Tax Liabilities	614.76	667.94	808.32	907.16	669.26	495.94
Other Long-Term Liabilities	916.73	966.14	1,781	2,136	2,350	2,656
Total Liabilities	9,937	10,655	12,430	13,155	14,742	16,499
Common Stock	7,668	7,668	7,668	7,668	7,668	7,668
Retained Earnings	1,165	759.05	-	-	-	-
Treasury Stock	-82.43	-36.45	-12.15	-8.26	-57.81	-99.1
Comprehensive Income & Other	4,013	4,005	4,010	4,517	5,117	5,641
Total Common Equity	12,763	12,396	11,665	12,177	12,727	13,209
Minority Interest	1,123	1,149	1,041	1,065	1,044	1,076
Shareholders' Equity	13,886	13,545	12,706	13,241	13,771	14,285
Total Liabilities & Equity	23,823	24,200	25,136	26,397	28,513	30,784
Total Debt	6,487	6,985	7,778	8,227	9,894	10,254
Net Cash (Debt)	-5,210	-5,652	-5,987	-6,047	-5,867	-6,072
Net Cash Per Share	-2.50	-2.70	-2.85	-2.93	-2.85	-2.98
Filing Date Shares Outstanding	1,996	2,029	2,059	2,062	2,061	2,056
Total Common Shares Outstanding	1,996	2,029	2,059	2,062	2,061	2,056
Working Capital	1,939	1,746	1,376	990.45	2,880	4,010
Book Value Per Share	6.40	6.11	5.67	5.90	6.17	6.43
Tangible Book Value	-1,922	-2,351	-3,302	-2,976	-2,849	-1,809
Tangible Book Value Per Share	-0.96	-1.16	-1.60	-1.44	-1.38	-0.88
Land	72.36	72.36	-	-	-	-
Buildings	1,629	1,588	-	-	-	-
Machinery	939.91	912.87	-	-	-	-
Construction In Progress	32.85	16.15	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.