BVMF:CSED3 Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Operating Revenue	2,824	2,568	2,298	2,028	1,821
Other Revenue	12.5	-	-	-	-
Revenue	2,836	2,568	2,298	2,028	1,821
Revenue Growth (YoY)	10.43%	11.77%	13.29%	11.41%	1.09%
Cost of Revenue	1,260	1,352	1,240	1,080	962.75
Gross Profit	1,576	1,216	1,058	948.14	857.87
Selling, General & Admin	604	477.2	409.16	409.49	366.04
Other Operating Expenses	-32.8	-31.76	-32.12	-26.76	-13.86
Operating Expenses	965.1	746.02	645.7	636.5	544.53
Operating Income	611.3	469.92	412.14	311.65	313.34
Interest Expense	-438.2	-362.86	-384.67	-431.58	-291.7
Interest & Investment Income	-	64.24	96.63	127.98	57.9
Other Non Operating Income (Expenses)	114	-24.58	-19.74	-	-
Pretax Income	287.1	146.72	104.36	8.04	79.54
Income Tax Expense	-9.8	2.41	3.9	1.43	-3.42
Net Income	296.9	144.31	100.46	6.61	82.96
Net Income to Common	296.9	144.31	100.46	6.61	82.96
Net Income Growth	105.74%	43.65%	1420.66%	-92.04%	-
Shares Outstanding (Basic)	365	365	366	382	361
Shares Outstanding (Diluted)	365	365	366	382	361
Shares Change (YoY)	-	-0.39%	-4.16%	5.87%	4627.02%
EPS (Basic)	0.81	0.40	0.27	0.02	0.23
EPS (Diluted)	0.81	0.40	0.27	0.02	0.23
EPS Growth	105.74%	44.22%	1486.61%	-92.48%	-
Free Cash Flow	-	645.4	441.15	424.84	410.57
Free Cash Flow Per Share	-	1.77	1.21	1.11	1.14
Dividend Per Share	-	0.376	0.165	0.069	0.131
Dividend Growth	-	128.31%	139.22%	-47.46%	-
Gross Margin	55.58%	47.34%	46.04%	46.74%	47.12%
Operating Margin	21.55%	18.30%	17.94%	15.37%	17.21%
Profit Margin	10.47%	5.62%	4.37%	0.33%	4.56%
Free Cash Flow Margin	-	25.13%	19.20%	20.95%	22.55%
EBITDA	708.79	569.8	504.48	430.06	407.24
EBITDA Margin	24.99%	22.18%	21.95%	21.20%	22.37%
D&A For EBITDA	97.49	99.88	92.35	118.41	93.9
EBIT	611.3	469.92	412.14	311.65	313.34
EBIT Margin	21.55%	18.30%	17.94%	15.37%	17.21%
Effective Tax Rate	-	1.65%	3.74%	17.84%	-
Revenue as Reported	2,836	-	-	-	-
Advertising Expenses	-	183.81	153.24	-	-

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