Direcional Engenharia 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	4,343	3,348	2,355	2,163	1,776
Revenue Growth (YoY)	29.70%	42.18%	8.90%	21.74%	18.37%
Cost of Revenue	2,621	2,130	1,550	1,429	1,146
Gross Profit	1,722	1,218	804.98	733.73	630.08
Selling, General & Admin	662.82	500.01	376.95	354.71	323.41
Other Operating Expenses	69.15	8.29	58.99	64.48	18.39
Operating Expenses	731.97	508.3	435.94	419.19	341.8
Operating Income	990.45	710.04	369.03	314.54	288.28
Interest Expense	-94.44	-76.07	-	-154.34	-
Interest & Investment Income	256.6	118.68	-	94.89	-
Earnings From Equity Investments	62.63	86.53	53.7	21.76	17.56
Other Non Operating Income (Expenses)	-86.8	-5.29	14.12	-14.43	-76.72
EBT Excluding Unusual Items	1,128	833.89	436.86	262.42	229.13
Gain (Loss) on Sale of Investments	-	-	-	88.17	-
Legal Settlements	-49.95	-41.59	-	-23.15	-
Other Unusual Items	-	-	-	-25.91	-
Pretax Income	1,078	792.3	436.86	301.54	229.13
Income Tax Expense	98.8	64.63	49.98	45.85	35.56
Earnings From Continuing Operations	979.69	727.67	386.88	255.69	193.56
Minority Interest in Earnings	-190.35	-89.29	-55.32	-65.67	-46.96
Net Income	789.34	638.38	331.56	190.02	146.6
Net Income to Common	789.34	638.38	331.56	190.02	146.6
Net Income Growth	23.65%	92.54%	74.49%	29.62%	39.66%
Shares Outstanding (Basic)	520	520	481	447	435
Shares Outstanding (Diluted)	526	525	488	449	440
Shares Change (YoY)	0.21%	7.68%	8.54%	2.13%	-1.71%
EPS (Basic)	1.52	1.23	0.69	0.42	0.34
EPS (Diluted)	1.50	1.22	0.68	0.42	0.33
EPS Growth	22.95%	79.41%	60.64%	27.00%	42.86%
Free Cash Flow	334.19	22.28	-178.07	181.01	75.81
Free Cash Flow Per Share	0.64	0.04	-0.36	0.40	0.17
Dividend Per Share	-	1.110	0.157	0.390	0.230
Dividend Growth	-	608.36%	-59.82%	69.56%	-14.82%
Gross Margin	39.66%	36.38%	34.18%	33.93%	35.47%
Operating Margin	22.81%	21.20%	15.67%	14.54%	16.23%
Profit Margin	18.18%	19.06%	14.08%	8.79%	8.25%
Free Cash Flow Margin	7.70%	0.66%	-7.56%	8.37%	4.27%
EBITDA	1,064	773.75	429.59	360.42	339.57
EBITDA Margin	24.50%	23.11%	18.24%	16.67%	19.12%
D&A For EBITDA	73.59	63.7	60.56	45.89	51.29
EBIT	990.45	710.04	369.03	314.54	288.28
EBIT Margin	22.81%	21.20%	15.67%	14.54%	16.23%
Effective Tax Rate	9.16%	8.16%	11.44%	15.20%	15.52%

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