Desktop 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	1,219	1,129	986.39	710.77	348.93
Revenue Growth (YoY)	7.95%	14.44%	38.78%	103.70%	108.83%
Cost of Revenue	279.89	426.86	361.89	288.95	150.35
Gross Profit	938.66	701.98	624.5	421.82	198.58
Selling, General & Admin	275.99	324.67	266.24	178.58	131.33
Other Operating Expenses	-19.38	54.09	20.89	-9.19	-2.92
Operating Expenses	556.5	410.37	326.12	200.86	129.84
Operating Income	382.16	291.61	298.38	220.96	68.74
Interest Expense	-258.24	-233.77	-212.04	-182.51	-47.31
Interest & Investment Income	-	133.2	59.62	48.37	20.62
Currency Exchange Gain (Loss)	-	-0.2	-1	-0.56	-1.89
Other Non Operating Income (Expenses)	-	-30.03	-19.74	-11.14	-6.94
EBT Excluding Unusual Items	123.92	160.81	125.23	75.12	33.23
Asset Writedown	-	0	-0	-1.57	-
Legal Settlements	-	-	0.04	0.14	0.86
Pretax Income	123.92	160.81	125.27	73.69	34.09
Income Tax Expense	43.15	60.74	8.29	18.7	3.42
Earnings From Continuing Operations	80.77	100.07	116.98	54.99	30.67
Minority Interest in Earnings	-	-10.4	-14.64	-7.01	-4.88
Net Income	80.77	89.67	102.34	47.98	25.79
Net Income to Common	80.77	89.67	102.34	47.98	25.79
Net Income Growth	-9.93%	-12.37%	113.29%	86.06%	-3.87%
Shares Outstanding (Basic)	116	115	109	88	70
Shares Outstanding (Diluted)	116	128	114	89	72
Shares Change (YoY)	-9.64%	12.18%	28.05%	24.45%	41.98%
EPS (Basic)	0.70	0.78	0.94	0.55	0.37
EPS (Diluted)	0.70	0.70	0.90	0.54	0.36
EPS Growth	-0.31%	-21.89%	66.57%	49.26%	-32.18%
Free Cash Flow	18.78	-67.46	-93.33	-311.55	-423.54
Free Cash Flow Per Share	0.16	-0.53	-0.82	-3.49	-5.90
Dividend Per Share	-	0.037	0.042	0.020	0.014
Dividend Growth	-	-12.70%	113.07%	40.48%	-
Gross Margin	77.03%	62.19%	63.31%	59.35%	56.91%
Operating Margin	31.36%	25.83%	30.25%	31.09%	19.70%
Profit Margin	6.63%	7.94%	10.38%	6.75%	7.39%
Free Cash Flow Margin	1.54%	-5.98%	-9.46%	-43.83%	-121.39%
EBITDA	566.93	455.78	426.96	298.52	119.34
EBITDA Margin	46.52%	40.38%	43.29%	42.00%	34.20%
D&A For EBITDA	184.77	164.16	128.58	77.56	50.6
EBIT	382.16	291.61	298.38	220.96	68.74
EBIT Margin	31.36%	25.83%	30.25%	31.09%	19.70%
Effective Tax Rate	34.82%	37.77%	6.62%	25.37%	10.03%
Revenue as Reported	1,219	-	-	-	-
Advertising Expenses	-	44.16	40.83	21.49	13.93

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