BVMF:CSMG3 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	8,162	7,878	7,404	6,177	5,895	5,343
Revenue Growth (YoY)	3.75%	6.40%	19.87%	4.79%	10.32%	3.61%
Selling, General & Admin	1,096	1,005	949.6	839.69	855.77	723.26
Provision for Bad Debts	194.01	214.86	185.5	206.22	226.15	374.48
Other Operating Expenses	4,886	4,670	4,543	3,879	3,966	2,929
Total Operating Expenses	6,176	5,890	5,678	4,925	5,048	4,027
Operating Income	1,986	1,988	1,726	1,252	846.76	1,316
Interest Expense	-484.47	-369.53	-208.24	-	-	-156.14
Interest Income	159.26	170.92	180.15	-	-	67.32
Net Interest Expense	-325.21	-198.61	-28.09	-	-	-88.82
Other Non-Operating Income (Expenses)	59.48	-122.92	25.17	-206.38	-192.31	-84.59
EBT Excluding Unusual Items	1,720	1,666	1,723	1,046	654.45	1,143
Gain (Loss) on Sale of Assets	6.93	6.93	3.9	-	-	2.78
Legal Settlements	-35.96	-	59.18	-	-	-40.34
Pretax Income	1,691	1,673	1,786	1,046	654.45	1,105
Income Tax Expense	340.52	356.09	406.93	202.59	116.86	288.8
Net Income	1,351	1,317	1,379	843.36	537.59	816.48
Net Income to Common	1,351	1,317	1,379	843.36	537.59	816.48
Net Income Growth	-3.54%	-4.53%	63.55%	56.88%	-34.16%	8.23%
Shares Outstanding (Basic)	379	379	379	380	379	379
Shares Outstanding (Diluted)	379	379	379	380	379	379
Shares Change (YoY)	-	-	-0.19%	0.35%	-0.16%	-
EPS (Basic)	3.56	3.47	3.64	2.22	1.42	2.15
EPS (Diluted)	3.56	3.47	3.64	2.22	1.42	2.15
EPS Growth	-3.46%	-4.61%	63.86%	56.34%	-34.05%	8.23%
Free Cash Flow	2,227	1,973	1,668	1,038	1,644	1,726
Free Cash Flow Per Share	5.87	5.20	4.40	2.73	4.34	4.55
Dividend Per Share	2.200	1.598	1.682	1.031	0.746	-
Dividend Growth	55.60%	-5.02%	63.07%	38.36%	-	-
Profit Margin	16.55%	16.72%	18.63%	13.65%	9.12%	15.28%
Free Cash Flow Margin	27.29%	25.04%	22.53%	16.81%	27.88%	32.31%
EBITDA	2,833	2,738	2,470	1,982	1,595	1,918
EBITDA Margin	34.70%	34.75%	33.36%	32.09%	27.07%	35.90%
D&A For EBITDA	846.56	750.07	744.27	730.13	748.65	601.9
EBIT	1,986	1,988	1,726	1,252	846.76	1,316
EBIT Margin	24.33%	25.23%	23.31%	20.28%	14.37%	24.63%
Effective Tax Rate	20.13%	21.28%	22.78%	19.37%	17.86%	26.13%
Revenue as Reported	8,162	7,878	7,404	6,177	5,895	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.