BVMF:EQMA3B 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	6,977	6,212	5,669	4,843	5,390
Revenue Growth (YoY)	12.31%	9.57%	17.07%	-10.15%	31.23%
Selling, General & Admin	577	433.55	409.8	326.41	385.51
Provision for Bad Debts	126.63	60.65	116	39.24	69.27
Other Operating Expenses	5,004	4,619	4,036	3,511	3,654
Total Operating Expenses	5,708	5,113	4,562	3,876	4,109
Operating Income	1,269	1,099	1,108	966.5	1,281
Interest Expense	-877.48	-216.06	-144.85	-133.17	-99.96
Interest Income	-	119.29	118.1	125.82	52.12
Net Interest Expense	-877.48	-96.78	-26.76	-7.35	-47.84
Other Non-Operating Income (Expenses)	486.93	-122.53	-110.5	-201.86	-39.14
EBT Excluding Unusual Items	878.36	879.45	970.6	757.28	1,194
Gain (Loss) on Sale of Assets	-	-	6.11	0.14	-19.67
Asset Writedown	-	-49.41	-132.35	-	-
Legal Settlements	-	-14.3	-25.35	-17.23	-18.02
Pretax Income	878.36	815.74	819.01	740.2	1,156
Income Tax Expense	126.68	74.41	41.62	92.05	212.56
Net Income	751.68	741.34	777.39	648.15	943.42
Net Income to Common	751.68	741.34	777.39	648.15	943.42
Net Income Growth	1.40%	-4.64%	19.94%	-31.30%	34.72%
Shares Outstanding (Basic)	164	164	164	164	164
Shares Outstanding (Diluted)	164	164	164	164	164
EPS (Basic)	4.58	4.52	4.73	3.95	5.75
EPS (Diluted)	4.58	4.52	4.73	3.95	5.75
EPS Growth	1.40%	-4.64%	19.94%	-31.30%	34.72%
Dividend Per Share	-	2.740	2.380	2.793	3.280
Dividend Growth	-	15.12%	-14.77%	-14.86%	150.38%
Profit Margin	10.77%	11.93%	13.71%	13.38%	17.50%
EBITDA	1,660	1,406	1,359	1,196	1,501
EBITDA Margin	23.79%	22.63%	23.97%	24.69%	27.85%
D&A For EBITDA	390.84	306.96	251.33	229.15	220.31
EBIT	1,269	1,099	1,108	966.5	1,281
EBIT Margin	18.19%	17.69%	19.54%	19.96%	23.76%
Effective Tax Rate	14.42%	9.12%	5.08%	12.44%	18.39%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.