CVC Brasil Operadora e Agência de Viagens S.A. (BVMF:CVCB3)
Brazil · Delayed Price · Currency is BRL 1.810
+0.090 (5.23%)
Aug 31, 2026, 12:15 PM GMT-3
BVMF:CVCB3 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 | -131.93 | -40.94 | -103.34 | -456.88 | -433.44 | -476.34 |
Depreciation & Amortization | 102.67 | 90.75 | 96.31 | 69.94 | 87.46 | 208.59 |
Other Amortization | 125.94 | 138.97 | 126.19 | 148.55 | 115.73 | - |
Asset Writedown & Restructuring Costs | 23.6 | 22.48 | 19.58 | 92.78 | 17.82 | 16.17 |
Loss (Gain) on Equity Investments | - | - | - | 0.29 | 0.94 | - |
Provision & Write-off of Bad Debts | 20.81 | 15.03 | 12.2 | 58.7 | 48.4 | -1.84 |
Other Operating Activities | 186.1 | 218.97 | 217.17 | 406.65 | 294.74 | -30.91 |
Change in Accounts Receivable | 23 | -263.41 | -190.7 | -499.42 | 440.79 | 61.05 |
Change in Inventory | -73.89 | -125 | 192.44 | -275.8 | 267.74 | 116.97 |
Change in Accounts Payable | 174.32 | 165.49 | -322.52 | 130.72 | 92.69 | 170.02 |
Change in Unearned Revenue | 111.35 | 130.53 | 348.66 | -121.21 | -755 | -24.39 |
Change in Income Taxes | -79.9 | -31.83 | -26.89 | 12.04 | 15.06 | 46.23 |
Change in Other Net Operating Assets | -82.45 | 30.38 | 13.36 | -136.85 | -74.58 | -189.99 |
Operating Cash Flow | 399.64 | 351.41 | 382.45 | -570.48 | 118.33 | -104.44 |
Operating Cash Flow Growth | 6.95% | -8.12% | - | - | - | - |
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 | -3.77 | -3.65 | -3.76 | -6.52 | -16.17 | -12.11 |
Cash Acquisitions | - | - | - | - | -5.4 | - |
Sale (Purchase) of Intangibles | -145.4 | -118.13 | -82.89 | -82.35 | -223.21 | -121.52 |
Investing Cash Flow | -152.17 | -121.78 | -86.64 | -88.87 | -244.78 | -133.63 |
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 | - | - | - | - | - | 436.41 |
Long-Term Debt Repaid | - | -204.48 | -190.94 | -207.09 | -116.44 | -995.06 |
Net Debt Issued (Repaid) | -207.75 | -204.48 | -190.94 | -207.09 | -116.44 | -558.66 |
Issuance of Common Stock | - | - | - | 799.12 | 402.81 | 818.15 |
Repurchase of Common Stock | -6.3 | -9.7 | - | - | - | - |
Other Financing Activities | -101.98 | -107.53 | -219.29 | -130.4 | -257.26 | -148.91 |
Financing Cash Flow | -316.03 | -321.7 | -410.22 | 461.62 | 29.1 | 110.59 |
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 |
Foreign Exchange Rate Adjustments | -6.74 | -21.44 | 31.82 | -6.99 | -10.94 | 12.5 |
Net Cash Flow | -75.3 | -113.51 | -82.6 | -204.72 | -108.29 | -114.99 |
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 | 395.87 | 347.76 | 378.7 | -577 | 102.15 | -116.55 |
Free Cash Flow Growth | 6.75% | -8.17% | - | - | - | - |
Free Cash Flow Margin | 26.84% | 23.36% | 26.65% | -40.27% | 8.36% | -14.11% |
Free Cash Flow Per Share | 0.76 | 0.66 | 0.72 | -1.54 | 0.41 | -0.56 |
Levered Free Cash Flow | 273.71 | 209.15 | 232.94 | -773.01 | -67.38 | 68.05 |
Unlevered Free Cash Flow | 485.49 | 411.88 | 400.4 | -587.43 | 128.17 | 131.59 |
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 | 101.16 | 107.3 | 204.12 | 87.34 | 180.95 | 88.07 |
Cash Income Tax Paid | - | -15.17 | 5.49 | - | - | - |
Change in Working Capital | 72.43 | -93.85 | 14.35 | -890.51 | -13.31 | 179.89 |