Cogna Educação Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Cash & Equivalents	6.65	78.45	94.97	624.48	121.77	1,601
Short-Term Investments	1,199	1,204	1,237	1,167	2,007	2,425
Cash & Short-Term Investments	1,205	1,283	1,332	1,791	2,129	4,027
Cash Growth	-15.22%	-3.70%	-25.63%	-15.86%	-47.13%	-3.71%
Accounts Receivable	2,788	2,462	2,421	2,266	2,011	2,026
Other Receivables	179.89	262.29	340.04	345.69	400.19	424.84
Receivables	2,968	2,724	2,761	2,612	2,411	2,451
Inventory	530.32	574.97	429.46	476.61	426.32	366.28
Prepaid Expenses	-	-	-	-	93.28	-
Other Current Assets	277.96	119.67	105.01	168.85	-	124.47
Total Current Assets	4,982	4,702	4,627	5,048	5,060	6,968
Property, Plant & Equipment	3,523	3,531	3,676	3,771	4,059	4,201
Long-Term Investments	71.84	83.24	92.72	120.4	144.02	15.45
Other Intangible Assets	14,664	14,685	14,747	14,968	15,152	15,576
Long-Term Accounts Receivable	134.65	158.06	92.69	125.32	306.04	251.59
Long-Term Deferred Tax Assets	568.81	605.66	650.7	665.36	1,175	904.16
Other Long-Term Assets	353.07	358.74	314.17	437.61	501.16	596.51
Total Assets	24,297	24,123	24,200	25,136	26,397	28,513
Accounts Payable	1,428	1,288	1,082	1,268	1,146	964.22
Accrued Expenses	528.08	451.05	427.65	451.72	450.92	475.55
Current Portion of Long-Term Debt	180.28	400.18	660.21	1,455	2,038	2,121
Current Portion of Leases	402.69	200.44	184.27	155.73	146.5	137.92
Current Income Taxes Payable	64.29	23.22	55.59	29.45	55.16	28.49
Current Unearned Revenue	227.67	225.15	181.71	161.42	192.77	176.13
Other Current Liabilities	101.25	242.54	289.71	151.28	39.74	185.12
Total Current Liabilities	3,014	2,830	2,881	3,673	4,069	4,088
Long-Term Debt	3,476	3,583	3,451	3,482	3,176	4,746
Long-Term Leases	2,396	2,578	2,689	2,685	2,867	2,889
Long-Term Deferred Tax Liabilities	597.81	610.23	667.94	808.32	907.16	669.26
Other Long-Term Liabilities	1,211	1,066	966.14	1,781	2,136	2,350
Total Liabilities	10,695	10,668	10,655	12,430	13,155	14,742
Common Stock	8,295	8,295	7,668	7,668	7,668	7,668
Retained Earnings	690.03	548.58	759.05	-	-	-
Treasury Stock	-82.43	-82.43	-36.45	-12.15	-8.26	-57.81
Comprehensive Income & Other	4,699	4,693	4,005	4,010	4,517	5,117
Total Common Equity	13,601	13,454	12,396	11,665	12,177	12,727
Minority Interest	0.85	1.08	1,149	1,041	1,065	1,044
Shareholders' Equity	13,602	13,455	13,545	12,706	13,241	13,771
Total Liabilities & Equity	24,297	24,123	24,200	25,136	26,397	28,513
Total Debt	6,536	6,762	6,985	7,778	8,227	9,894
Net Cash (Debt)	-5,331	-5,479	-5,652	-5,987	-6,047	-5,867
Net Cash Per Share	-	-2.68	-2.68	-2.85	-2.93	-2.85
Filing Date Shares Outstanding	-	1,996	2,029	2,059	2,062	2,061
Total Common Shares Outstanding	-	1,996	2,029	2,059	2,062	2,061
Working Capital	1,967	1,871	1,746	1,376	990.45	2,880
Book Value Per Share	-	6.74	6.11	5.67	5.90	6.17
Tangible Book Value	-1,063	-1,231	-2,351	-3,302	-2,976	-2,849
Tangible Book Value Per Share	-	-0.62	-1.16	-1.60	-1.44	-1.38
Land	-	72.36	-	-	-	-
Buildings	-	1,678	-	-	-	-
Machinery	-	953.24	-	-	-	-
Construction In Progress	-	20.91	-	-	-	-

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