BVMF:EQMA3B Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	7,182	6,977	6,212	5,669	4,843	5,390
Revenue Growth (YoY)	12.33%	12.31%	9.57%	17.07%	-10.15%	31.23%
Selling, General & Admin	535.98	527.25	433.55	409.8	326.41	385.51
Provision for Bad Debts	148.67	122.11	60.65	116	39.24	69.27
Other Operating Expenses	4,978	4,964	4,619	4,036	3,511	3,654
Total Operating Expenses	5,663	5,614	5,113	4,562	3,876	4,109
Operating Income	1,519	1,363	1,099	1,108	966.5	1,281
Interest Expense	-288.29	-290.02	-216.06	-144.85	-133.17	-99.96
Interest Income	149.9	149.9	119.29	118.1	125.82	52.12
Net Interest Expense	-138.39	-140.12	-96.78	-26.76	-7.35	-47.84
Other Non-Operating Income (Expenses)	-256.47	-250.43	-122.53	-110.5	-201.86	-39.14
EBT Excluding Unusual Items	1,124	972.68	879.45	970.6	757.28	1,194
Gain (Loss) on Sale of Assets	-	-	-	6.11	0.14	-19.67
Asset Writedown	-44.57	-44.57	-49.41	-132.35	-	-
Legal Settlements	-49.75	-49.75	-14.3	-25.35	-17.23	-18.02
Pretax Income	1,030	878.36	815.74	819.01	740.2	1,156
Income Tax Expense	147.93	126.68	74.41	41.62	92.05	212.56
Net Income	881.8	751.68	741.34	777.39	648.15	943.42
Net Income to Common	881.8	751.68	741.34	777.39	648.15	943.42
Net Income Growth	21.08%	1.40%	-4.64%	19.94%	-31.30%	34.72%
Shares Outstanding (Basic)	164	164	164	164	164	164
Shares Outstanding (Diluted)	164	164	164	164	164	164
EPS (Basic)	5.37	4.58	4.52	4.73	3.95	5.75
EPS (Diluted)	5.37	4.58	4.52	4.73	3.95	5.75
EPS Growth	5.94%	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	12.28%	10.77%	11.93%	13.71%	13.38%	17.50%
EBITDA	1,913	1,754	1,406	1,359	1,196	1,501
EBITDA Margin	26.64%	25.14%	22.63%	23.97%	24.69%	27.85%
D&A For EBITDA	394.05	390.61	306.96	251.33	229.15	220.31
EBIT	1,519	1,363	1,099	1,108	966.5	1,281
EBIT Margin	21.15%	19.54%	17.69%	19.54%	19.96%	23.76%
Effective Tax Rate	14.37%	14.42%	9.12%	5.08%	12.44%	18.39%

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