Desktop S.A. (BVMF:DESK3)

Desktop Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,195	1,129	986.39	710.77	348.93	167.09
Revenue Growth (YoY)	8.68%	14.44%	38.78%	103.70%	108.83%	47.07%
Cost of Revenue	464.84	426.86	361.89	288.95	150.35	54.34
Gross Profit	730.17	701.98	624.5	421.82	198.58	112.74
Selling, General & Admin	385.24	324.67	266.24	178.58	131.33	46.27
Other Operating Expenses	47.57	54.09	20.89	-9.19	-2.92	3.79
Operating Expenses	439.34	410.37	326.12	200.86	129.84	65.23
Operating Income	290.83	291.61	298.38	220.96	68.74	47.51
Interest Expense	-302.08	-233.77	-212.04	-182.51	-47.31	-11.6
Interest & Investment Income	88.08	133.2	59.62	48.37	20.62	3.4
Currency Exchange Gain (Loss)	-0.02	-0.2	-1	-0.56	-1.89	-
Other Non Operating Income (Expenses)	25.88	-30.03	-19.74	-11.14	-6.94	-
EBT Excluding Unusual Items	102.7	160.81	125.23	75.12	33.23	39.32
Asset Writedown	-0.06	0	-0	-1.57	-	-
Legal Settlements	3.23	-	0.04	0.14	0.86	-
Pretax Income	105.87	160.81	125.27	73.69	34.09	39.32
Income Tax Expense	24.56	60.74	8.29	18.7	3.42	12.73
Earnings From Continuing Operations	81.31	100.07	116.98	54.99	30.67	26.59
Minority Interest in Earnings	-8.13	-10.4	-14.64	-7.01	-4.88	0.23
Net Income	73.18	89.67	102.34	47.98	25.79	26.83
Net Income to Common	73.18	89.67	102.34	47.98	25.79	26.83
Net Income Growth	-21.65%	-12.37%	113.29%	86.06%	-3.87%	22.88%
Shares Outstanding (Basic)	98	115	109	88	70	51
Shares Outstanding (Diluted)	108	128	114	89	72	51
Shares Change (YoY)	-10.59%	12.18%	28.05%	24.45%	41.98%	-9.35%
EPS (Basic)	0.75	0.78	0.94	0.55	0.37	0.53
EPS (Diluted)	0.68	0.70	0.90	0.54	0.36	0.53
EPS Growth	-12.37%	-21.89%	66.57%	49.26%	-32.18%	35.55%
Free Cash Flow	-98.93	-67.46	-93.33	-311.55	-423.54	-119.78
Free Cash Flow Per Share	-0.92	-0.53	-0.82	-3.49	-5.90	-2.37
Dividend Per Share	0.037	0.037	0.042	0.020	0.014	-
Dividend Growth	-12.70%	-12.70%	113.07%	40.48%	-	-
Gross Margin	61.10%	62.19%	63.31%	59.35%	56.91%	67.48%
Operating Margin	24.34%	25.83%	30.25%	31.09%	19.70%	28.44%
Profit Margin	6.12%	7.94%	10.38%	6.75%	7.39%	16.05%
Free Cash Flow Margin	-8.28%	-5.98%	-9.46%	-43.83%	-121.39%	-71.69%
EBITDA	493.23	455.78	426.96	298.52	119.34	68.35
EBITDA Margin	41.27%	40.38%	43.29%	42.00%	34.20%	40.91%
D&A For EBITDA	202.39	164.16	128.58	77.56	50.6	20.84
EBIT	290.83	291.61	298.38	220.96	68.74	47.51
EBIT Margin	24.34%	25.83%	30.25%	31.09%	19.70%	28.44%
Effective Tax Rate	23.20%	37.77%	6.62%	25.37%	10.03%	32.37%
Advertising Expenses	-	44.16	40.83	21.49	13.93	-

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