EcoRodovias Infraestrutura e Logística S.A. (BVMF:ECOR3)
Brazil · Delayed Price · Currency is BRL 7.29
+0.38 (5.50%)
Aug 31, 2026, 5:05 PM GMT-3
BVMF:ECOR3 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 | 546.12 | 885.85 | 904.1 | 569.56 | 245.7 | 372.04 |
Depreciation & Amortization | 1,559 | 1,320 | 958.26 | 798.11 | 567.41 | 679.78 |
Other Amortization | 135.62 | 116.32 | 84.64 | - | 35.64 | 28.97 |
Asset Writedown & Restructuring Costs | -168.02 | -154.26 | 63.09 | 191.71 | 111.67 | 15.6 |
Loss (Gain) on Equity Investments | 4.05 | - | - | - | - | 0.02 |
Provision & Write-off of Bad Debts | -0.12 | -5.43 | 4.09 | -0.42 | 1.59 | -1.88 |
Other Operating Activities | 4,302 | 4,013 | 3,270 | 2,745 | 1,625 | 1,478 |
Change in Accounts Receivable | 10.09 | -119.79 | -9.24 | -154.74 | -122.9 | -19.07 |
Change in Accounts Payable | 65.23 | 161.66 | -33.07 | 175.73 | 121.75 | 111.47 |
Change in Income Taxes | -795.89 | -751.34 | -862.92 | -480.68 | -316.56 | -297.98 |
Change in Other Net Operating Assets | -372.02 | -656.64 | -443.37 | -292.92 | -376.09 | -493.97 |
Operating Cash Flow | 5,285 | 4,809 | 3,936 | 3,551 | 1,886 | 1,873 |
Operating Cash Flow Growth | 28.49% | 22.19% | 10.83% | 88.30% | 0.68% | 27.32% |
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 | -296.89 | -301.31 | -264.36 | -219.54 | -169.42 | -81.74 |
Cash Acquisitions | -5.87 | - | - | - | - | - |
Divestitures | - | - | - | - | - | 0.15 |
Sale (Purchase) of Intangibles | -4,784 | -6,583 | -3,681 | -4,835 | -2,516 | -2,271 |
Investment in Securities | -1,308 | -1,963 | -610.36 | -749.22 | 52.51 | -48.75 |
Other Investing Activities | -44.11 | -101.94 | -9.14 | -14.21 | 28.47 | -1,067 |
Investing Cash Flow | -6,439 | -8,949 | -4,565 | -5,818 | -2,605 | -3,468 |
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 | - | 12,381 | 4,759 | 8,022 | 4,322 | 3,876 |
Long-Term Debt Repaid | - | -7,106 | -3,123 | -1,769 | -2,859 | -2,739 |
Net Debt Issued (Repaid) | 4,451 | 5,276 | 1,636 | 6,253 | 1,463 | 1,138 |
Issuance of Common Stock | - | - | - | - | - | 1,693 |
Common Dividends Paid | -425.11 | -214.72 | -135.27 | -58.35 | -5.28 | - |
Other Financing Activities | -2,076 | -2,072 | -2,059 | -1,783 | -1,430 | -508.02 |
Financing Cash Flow | 1,950 | 2,989 | -557.44 | 4,411 | 28.04 | 2,323 |
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 |
Net Cash Flow | 795.9 | -1,151 | -1,187 | 2,145 | -690.81 | 728.05 |
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 | 4,988 | 4,507 | 3,671 | 3,331 | 1,716 | 1,791 |
Free Cash Flow Growth | 29.93% | 22.78% | 10.20% | 94.09% | -4.18% | 27.95% |
Free Cash Flow Margin | 41.95% | 39.12% | 37.19% | 37.66% | 28.32% | 38.51% |
Free Cash Flow Per Share | 7.17 | 6.48 | 5.28 | 4.79 | 2.47 | 2.84 |
Levered Free Cash Flow | -2,380 | -4,023 | -1,840 | -2,116 | -1,645 | -1,104 |
Unlevered Free Cash Flow | -1,078 | -2,821 | -939.17 | -2,116 | -1,129 | -792.48 |
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 | 2,127 | 2,088 | 1,943 | 1,675 | 1,338 | 622.76 |
Cash Income Tax Paid | 747 | 724.15 | 809.9 | 515.53 | 304.25 | 293.9 |
Change in Working Capital | -1,093 | -1,366 | -1,349 | -752.62 | -693.8 | -699.55 |