Karsten 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
Revenue	759.04	699.08	667.93	612.58	549.68
Revenue Growth (YoY)	8.58%	4.66%	9.04%	11.44%	44.59%
Cost of Revenue	414.95	375.48	382.2	394.53	326.8
Gross Profit	344.09	323.6	285.73	218.05	222.88
Selling, General & Admin	260.1	252.97	224.29	199.27	158.7
Other Operating Expenses	-8.56	-0.25	-5.99	-1.57	-1.18
Operating Expenses	251.55	252.72	218.31	197.71	157.52
Operating Income	92.54	70.88	67.42	20.35	65.37
Interest Expense	-16.17	-24.48	-24.83	-20.35	-12.05
Interest & Investment Income	10.44	19.81	5.94	3.68	3.79
Currency Exchange Gain (Loss)	-0.36	1.69	0.02	2.11	-0.77
Other Non Operating Income (Expenses)	-5.75	-2.25	-2.87	-22.13	-3.17
EBT Excluding Unusual Items	80.7	65.66	45.68	-16.33	53.16
Gain (Loss) on Sale of Investments	-2.58	-2.63	0.87	-	-
Gain (Loss) on Sale of Assets	0.03	22.12	0.41	0.08	0.02
Asset Writedown	-0.19	-11.13	-1.02	-2.21	-0.08
Legal Settlements	-	4.68	-	0.27	1.8
Other Unusual Items	2.93	-	-	-	-
Pretax Income	80.88	78.71	45.95	-18.2	54.92
Income Tax Expense	10.34	-39.7	3.79	2.95	-2.56
Net Income	70.54	118.41	42.16	-21.15	57.49
Net Income to Common	70.54	118.41	42.16	-21.15	57.49
Net Income Growth	-40.43%	180.86%	-	-	-28.60%
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
EPS (Basic)	11.37	19.08	6.79	-3.41	9.26
EPS (Diluted)	11.37	19.08	6.79	-3.41	9.26
EPS Growth	-40.42%	181.00%	-	-	-28.60%
Free Cash Flow	39.39	92.24	115.94	23.95	-43.32
Free Cash Flow Per Share	6.35	14.87	18.68	3.86	-6.98
Gross Margin	45.33%	46.29%	42.78%	35.60%	40.55%
Operating Margin	12.19%	10.14%	10.09%	3.32%	11.89%
Profit Margin	9.29%	16.94%	6.31%	-3.45%	10.46%
Free Cash Flow Margin	5.19%	13.19%	17.36%	3.91%	-7.88%
EBITDA	109.53	85.43	80.79	32.39	75.33
EBITDA Margin	14.43%	12.22%	12.10%	5.29%	13.70%
D&A For EBITDA	16.99	14.54	13.37	12.04	9.96
EBIT	92.54	70.88	67.42	20.35	65.37
EBIT Margin	12.19%	10.14%	10.09%	3.32%	11.89%
Effective Tax Rate	12.78%	-	8.26%	-	-

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