Cruzeiro do Sul Educacional S.A. (BVMF:CSED3)
Brazil · Delayed Price · Currency is BRL 4.360
+0.050 (1.16%)
Aug 24, 2026, 5:04 PM GMT-3
BVMF:CSED3 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 | 309.94 | 296.87 | 144.31 | 100.46 | 6.61 | 82.96 |
Depreciation & Amortization | 234.82 | 233.56 | 227.33 | 219.53 | 238.77 | 195.53 |
Other Amortization | 44.46 | 36.12 | 27.98 | 45.55 | 0.67 | 1.15 |
Loss (Gain) From Sale of Assets | -0.72 | -0.72 | -0.72 | -0.72 | -0.72 | -1.33 |
Asset Writedown & Restructuring Costs | -0.56 | 6.38 | 11.37 | 0.42 | 11.61 | 4.66 |
Provision & Write-off of Bad Debts | 149.43 | 127.43 | 172.49 | 131.44 | 135.35 | 98.45 |
Other Operating Activities | 304.25 | 282.25 | 258.61 | 311.67 | 320.9 | 196.7 |
Change in Accounts Receivable | -211.3 | -172.75 | -112.97 | -176.92 | -169.47 | -99.79 |
Change in Accounts Payable | 72.57 | 38.96 | -3.05 | -10.84 | 7.55 | -2.69 |
Change in Income Taxes | -20.48 | -12.95 | 6.53 | -18.54 | -17.17 | -14.21 |
Change in Other Net Operating Assets | -18.31 | 16.46 | -12.98 | -39.23 | -20.42 | 4.29 |
Operating Cash Flow | 864.09 | 851.61 | 718.9 | 562.81 | 513.68 | 465.71 |
Operating Cash Flow Growth | 7.24% | 18.46% | 27.73% | 9.56% | 10.30% | 81.37% |
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 | -73.74 | -76.23 | -73.5 | -121.66 | -88.84 | -55.14 |
Cash Acquisitions | - | - | -157.92 | - | - | - |
Divestitures | - | - | 0.38 | - | - | - |
Sale (Purchase) of Intangibles | -38.32 | -42.47 | -67.77 | -81.24 | -56.05 | -32.55 |
Other Investing Activities | -14.71 | -227.93 | -179.31 | - | -68.34 | -3.76 |
Investing Cash Flow | -126.77 | -346.63 | -478.12 | -202.9 | -213.23 | -91.45 |
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 | - | 846.25 | 469.57 | - | - | - |
Long-Term Debt Repaid | - | -751.15 | -499.81 | -567.87 | -459.56 | -440.71 |
Net Debt Issued (Repaid) | -158.44 | 95.11 | -30.24 | -567.87 | -459.56 | -440.71 |
Issuance of Common Stock | - | - | - | - | - | 1,071 |
Repurchase of Common Stock | - | - | - | -35.85 | -23.13 | - |
Common Dividends Paid | -177 | -177 | -60 | -85.08 | -50 | -71.86 |
Other Financing Activities | -191.92 | -170.16 | -118.13 | -0.94 | - | -60.61 |
Financing Cash Flow | -527.35 | -252.06 | -208.36 | -689.74 | -532.7 | 497.82 |
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 | 209.97 | 252.92 | 32.42 | -329.83 | -232.24 | 872.08 |
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 | 790.36 | 775.37 | 645.4 | 441.15 | 424.84 | 410.57 |
Free Cash Flow Growth | 6.51% | 20.14% | 46.30% | 3.84% | 3.48% | 84.13% |
Free Cash Flow Margin | 27.02% | 27.34% | 25.13% | 19.20% | 20.95% | 22.55% |
Free Cash Flow Per Share | 2.17 | 2.13 | 1.77 | 1.21 | 1.11 | 1.14 |
Levered Free Cash Flow | 330.34 | 124.98 | 348.42 | 179 | -62.05 | 233.78 |
Unlevered Free Cash Flow | 572.98 | 369.85 | 574.01 | 418.75 | 207.02 | 414.94 |
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 | 190.96 | 169.21 | 118.13 | 140.33 | - | - |
Cash Income Tax Paid | 8.58 | 11.99 | 4.49 | 3.69 | 7.01 | 4.84 |
Change in Working Capital | -177.52 | -130.27 | -122.47 | -245.53 | -199.51 | -112.4 |