Cogna Educação S.A. (BVMF:COGN3)
Brazil · Delayed Price · Currency is BRL 2.400
-0.010 (-0.41%)
Sep 3, 2026, 5:05 PM GMT-3
Cogna Educação Cash Flow Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 701.93 | 625.52 | 879.87 | -492.88 | -528.93 | -489.13 |
Depreciation & Amortization | 572.38 | 571.31 | 585.36 | 396.73 | 402.05 | 386.39 |
Other Amortization | 117.09 | 107.94 | 103.22 | 282.83 | 267.65 | 408.72 |
Loss (Gain) From Sale of Assets | -19.17 | -1.08 | 3.66 | -5.75 | 14.11 | 0.03 |
Asset Writedown & Restructuring Costs | 238.13 | 236 | 246.07 | 200.81 | 476.31 | 275.53 |
Loss (Gain) From Sale of Investments | 0.63 | 0.63 | - | - | - | - |
Loss (Gain) on Equity Investments | 18.99 | 15.62 | 12.3 | 16.4 | 1.89 | -1.56 |
Stock-Based Compensation | 17.46 | 21.13 | 27.69 | 31.52 | 34.19 | 11.7 |
Provision & Write-off of Bad Debts | 736.01 | 707.28 | 568.93 | 457.57 | 428.35 | 531.08 |
Other Operating Activities | -25.25 | -156.02 | -786.59 | 209.11 | -275.32 | -116.92 |
Change in Accounts Receivable | -1,022 | -813.69 | -690.91 | -536.48 | -451.72 | -467.49 |
Change in Inventory | -12.58 | -145.51 | 47.15 | -67.65 | -76.95 | -135.41 |
Change in Accounts Payable | 326.28 | 205.5 | -133.84 | 301.64 | 19.15 | 140.9 |
Change in Unearned Revenue | -9.39 | 43.39 | 20.29 | -34.12 | 16.64 | -20.74 |
Change in Income Taxes | -105.59 | -89.28 | 42.66 | -68.82 | -225.45 | -34.44 |
Change in Other Net Operating Assets | 4.79 | -43.11 | -58.41 | -11.07 | 15.39 | 14.92 |
Operating Cash Flow | 1,539 | 1,286 | 867.44 | 679.85 | 117.35 | 503.6 |
Operating Cash Flow Growth | 20.16% | 48.21% | 27.59% | 479.35% | -76.70% | 96.46% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -159.11 | -146.46 | -105.31 | -121.24 | -148.08 | -133.28 |
Sale of Property, Plant & Equipment | 2.29 | 5.59 | 24.46 | - | - | - |
Cash Acquisitions | -425.95 | -440.77 | - | -6.46 | -28.86 | -183.1 |
Divestitures | 4.16 | 9.9 | 93.16 | 12.77 | 191.1 | 492.86 |
Sale (Purchase) of Intangibles | -391.74 | -369.14 | -304.78 | -335.38 | -293.49 | -248.44 |
Sale (Purchase) of Real Estate | - | - | - | 8.39 | - | - |
Investment in Securities | -308.49 | 188.01 | 53.57 | 998.76 | 715.87 | -321.65 |
Other Investing Activities | - | - | - | -1.67 | 3.24 | - |
Investing Cash Flow | -1,279 | -752.87 | -238.9 | 505.86 | 439.78 | -393.6 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | 1,578 | 1,824 | 1,561 | 500 | 1,900 |
Long-Term Debt Repaid | - | -1,922 | -2,853 | -1,967 | -2,378 | -2,478 |
Lease Payments | -201.45 | -209.62 | -173.2 | -165.41 | -140.95 | -121.57 |
Net Debt Issued (Repaid) | -75.09 | -344.37 | -1,030 | -405.81 | -1,878 | -577.7 |
Repurchase of Common Stock | - | -59.81 | -53.64 | -55.4 | -18.84 | - |
Common Dividends Paid | -147.12 | -120.3 | - | - | - | - |
Other Financing Activities | -27.4 | -24.78 | -74.76 | -221.79 | -139.82 | -136.18 |
Financing Cash Flow | -249.62 | -549.26 | -1,158 | -683 | -2,037 | -713.88 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Cash Flow | 10.87 | -16.51 | -529.52 | 502.71 | -1,480 | -603.88 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 1,380 | 1,139 | 762.13 | 558.61 | -30.73 | 370.32 |
Free Cash Flow Growth | 19.03% | 49.47% | 36.43% | - | - | 256.27% |
Free Cash Flow Margin | 17.62% | 16.23% | 11.93% | 9.61% | -0.61% | 7.75% |
Free Cash Flow Per Share | 0.70 | 0.56 | 0.36 | 0.27 | -0.01 | 0.18 |
Levered Free Cash Flow | 508.35 | 516.77 | 495.01 | -93.17 | -50.93 | 885.78 |
Unlevered Free Cash Flow | 1,065 | 1,080 | 1,097 | 571.63 | 656.51 | 1,359 |
Free Cash Flow After Leases | 1,179 | 929.53 | 588.94 | 393.2 | -171.68 | 248.76 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 Interest Paid | 799.36 | 837.77 | 941.86 | 986.93 | 1,036 | 536.33 |
Cash Income Tax Paid | 36.41 | 23.08 | 25.19 | 19.91 | 36.83 | 44.53 |
Change in Working Capital | -818.89 | -842.71 | -773.06 | -416.5 | -702.93 | -502.26 |