BVMF:EQMA3B Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	6,700	6,212	5,669	4,843	5,390	4,107
Revenue Growth (YoY)	8.97%	9.57%	17.07%	-10.15%	31.23%	8.26%
Selling, General & Admin	503.15	433.55	409.8	326.41	385.51	362.01
Provision for Bad Debts	34.5	60.65	116	39.24	69.27	48.07
Other Operating Expenses	5,004	4,619	4,036	3,511	3,654	2,777
Total Operating Expenses	5,542	5,113	4,562	3,876	4,109	3,188
Operating Income	1,158	1,099	1,108	966.5	1,281	919.46
Interest Expense	-807.26	-216.06	-144.85	-133.17	-99.96	-105.47
Interest Income	49.37	119.29	118.1	125.82	52.12	37.6
Net Interest Expense	-757.89	-96.78	-26.76	-7.35	-47.84	-67.86
Other Non-Operating Income (Expenses)	448.07	-122.53	-110.5	-201.86	-39.14	25.66
EBT Excluding Unusual Items	848.52	879.45	970.6	757.28	1,194	877.27
Gain (Loss) on Sale of Assets	-	-	6.11	0.14	-19.67	-1.97
Asset Writedown	-16.67	-49.41	-132.35	-	-	-
Legal Settlements	0.66	-14.3	-25.35	-17.23	-18.02	-22.03
Pretax Income	832.51	815.74	819.01	740.2	1,156	853.26
Income Tax Expense	85.14	74.41	41.62	92.05	212.56	152.99
Net Income	747.37	741.34	777.39	648.15	943.42	700.27
Net Income to Common	747.37	741.34	777.39	648.15	943.42	700.27
Net Income Growth	-1.70%	-4.64%	19.94%	-31.30%	34.72%	8.22%
Shares Outstanding (Basic)	164	164	164	164	164	164
Shares Outstanding (Diluted)	164	164	164	164	164	164
EPS (Basic)	4.55	4.52	4.73	3.95	5.75	4.27
EPS (Diluted)	4.55	4.52	4.73	3.95	5.75	4.27
EPS Growth	-1.70%	-4.64%	19.94%	-31.30%	34.72%	8.22%
Dividend Per Share	-	2.740	2.380	2.793	3.280	1.310
Dividend Growth	-	15.12%	-14.77%	-14.86%	150.38%	63.75%
Profit Margin	11.15%	11.93%	13.71%	13.38%	17.50%	17.05%
EBITDA	1,543	1,406	1,359	1,196	1,501	1,106
EBITDA Margin	23.03%	22.63%	23.97%	24.69%	27.85%	26.92%
D&A For EBITDA	384.64	306.96	251.33	229.15	220.31	186.16
EBIT	1,158	1,099	1,108	966.5	1,281	919.46
EBIT Margin	17.29%	17.69%	19.54%	19.96%	23.76%	22.39%
Effective Tax Rate	10.23%	9.12%	5.08%	12.44%	18.39%	17.93%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.