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	466.5	426.86	361.89	288.95	150.35
Gross Profit	752.05	701.98	624.5	421.82	198.58
Selling, General & Admin	347.41	321.95	304.56	178.58	131.33
Other Operating Expenses	-19.38	-12.51	-8.93	-9.19	-2.92
Operating Expenses	365.77	341.05	296.29	200.86	129.84
Operating Income	386.28	360.93	328.21	220.96	68.74
Interest Expense	-285.64	-233.77	-	-182.51	-47.31
Interest & Investment Income	60.42	66.6	-	48.37	20.62
Currency Exchange Gain (Loss)	-	-	-	-0.56	-1.89
Other Non Operating Income (Expenses)	-33.03	-30.23	-202.94	-11.14	-6.94
EBT Excluding Unusual Items	128.04	163.53	125.27	75.12	33.23
Asset Writedown	-	-	-	-1.57	-
Legal Settlements	-4.12	-2.72	-	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	-9.29	-10.4	-14.64	-7.01	-4.88
Net Income	71.48	89.67	102.34	47.98	25.79
Net Income to Common	71.48	89.67	102.34	47.98	25.79
Net Income Growth	-20.28%	-12.37%	113.29%	86.06%	-3.87%
Shares Outstanding (Basic)	116	115	96	88	70
Shares Outstanding (Diluted)	116	115	100	89	72
Shares Change (YoY)	0.69%	15.00%	12.37%	24.45%	41.98%
EPS (Basic)	0.62	0.78	1.07	0.55	0.37
EPS (Diluted)	0.62	0.78	1.02	0.54	0.36
EPS Growth	-20.61%	-23.79%	89.82%	49.26%	-32.18%
Free Cash Flow	18.77	-67.46	-93.33	-311.55	-423.54
Free Cash Flow Per Share	0.16	-0.58	-0.93	-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	61.72%	62.19%	63.31%	59.35%	56.91%
Operating Margin	31.70%	31.97%	33.27%	31.09%	19.70%
Profit Margin	5.87%	7.94%	10.38%	6.75%	7.39%
Free Cash Flow Margin	1.54%	-5.98%	-9.46%	-43.83%	-121.39%
EBITDA	574.89	525.09	468.1	298.52	119.34
EBITDA Margin	47.18%	46.52%	47.46%	42.00%	34.20%
D&A For EBITDA	188.61	164.16	139.89	77.56	50.6
EBIT	386.28	360.93	328.21	220.96	68.74
EBIT Margin	31.70%	31.97%	33.27%	31.09%	19.70%
Effective Tax Rate	34.82%	37.77%	6.62%	25.37%	10.03%
Advertising Expenses	41.64	44.16	-	21.49	13.93

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