BVMF:CSED3 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
Revenue	2,750	2,568	2,298	2,028	1,821	1,801
Revenue Growth (YoY)	9.78%	11.77%	13.29%	11.41%	1.09%	22.16%
Cost of Revenue	1,389	1,352	1,240	1,080	962.75	956.55
Gross Profit	1,361	1,216	1,058	948.14	857.87	844.42
Selling, General & Admin	517.72	477.2	409.16	409.49	366.04	417.27
Other Operating Expenses	-33.91	-31.76	-32.12	-26.76	-13.86	-8.5
Operating Expenses	757.07	746.02	645.7	636.5	544.53	666.67
Operating Income	603.45	469.92	412.14	311.65	313.34	177.74
Interest Expense	-395.79	-362.86	-384.67	-431.58	-291.7	-231.2
Interest & Investment Income	95.14	64.24	96.63	127.98	57.9	10.31
Other Non Operating Income (Expenses)	-40.63	-24.58	-19.74	-	-	-
Pretax Income	262.17	146.72	104.36	8.04	79.54	-43.15
Income Tax Expense	9.64	2.41	3.9	1.43	-3.42	-8.35
Net Income	252.53	144.31	100.46	6.61	82.96	-34.79
Net Income to Common	252.53	144.31	100.46	6.61	82.96	-34.79
Net Income Growth	56.83%	43.65%	1420.66%	-92.04%	-	-
Shares Outstanding (Basic)	365	365	366	382	361	8
Shares Outstanding (Diluted)	365	365	366	382	361	8
Shares Change (YoY)	2.36%	-0.39%	-4.16%	5.87%	4627.02%	-97.50%
EPS (Basic)	0.69	0.40	0.27	0.02	0.23	-4.56
EPS (Diluted)	0.69	0.40	0.27	0.02	0.23	-4.56
EPS Growth	53.21%	44.22%	1486.61%	-92.48%	-	-
Free Cash Flow	804.05	645.4	441.15	424.84	410.57	222.97
Free Cash Flow Per Share	2.21	1.77	1.21	1.11	1.14	29.22
Dividend Per Share	0.650	0.376	0.165	0.069	0.131	-
Dividend Growth	6501060.00%	128.31%	139.22%	-47.46%	-	-
Gross Margin	49.48%	47.34%	46.04%	46.74%	47.12%	46.89%
Operating Margin	21.95%	18.30%	17.94%	15.37%	17.21%	9.87%
Profit Margin	9.18%	5.62%	4.37%	0.33%	4.56%	-1.93%
Free Cash Flow Margin	29.24%	25.13%	19.20%	20.95%	22.55%	12.38%
EBITDA	702.35	569.8	504.48	430.06	407.24	286.56
EBITDA Margin	25.54%	22.18%	21.95%	21.20%	22.37%	15.91%
D&A For EBITDA	98.9	99.88	92.35	118.41	93.9	108.82
EBIT	603.45	469.92	412.14	311.65	313.34	177.74
EBIT Margin	21.95%	18.30%	17.94%	15.37%	17.21%	9.87%
Effective Tax Rate	3.68%	1.65%	3.74%	17.84%	-	-
Advertising Expenses	-	183.81	153.24	-	-	-

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