BVMF:EZTC3 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	1,499	1,561	1,083	1,121	957.87
Revenue Growth (YoY)	-3.96%	44.07%	-3.40%	17.06%	2.27%
Cost of Revenue	874.19	1,028	740.05	737.77	516.06
Gross Profit	624.63	532.34	343.13	383.49	441.8
Selling, General & Admin	279.38	264.19	251.86	230.38	199.17
Other Operating Expenses	-30.99	13.17	4.82	0.38	9.42
Operating Expenses	248.39	277.36	256.68	230.76	208.59
Operating Income	376.24	254.98	86.44	152.73	233.21
Interest Expense	-81.73	-41.09	-45.02	-31.69	-19.09
Interest & Investment Income	224.17	155.93	121.85	166.7	187.58
Earnings From Equity Investments	65.62	79.41	102.64	87.02	76.52
Other Non Operating Income (Expenses)	17.29	17.19	8.03	3.14	-
EBT Excluding Unusual Items	601.59	466.42	273.95	377.9	478.22
Pretax Income	601.59	466.42	273.95	377.9	478.22
Income Tax Expense	53.99	37.7	27.85	35.79	26.09
Earnings From Continuing Operations	547.6	428.72	246.1	342.11	452.14
Minority Interest in Earnings	-12.58	-24.11	-6.63	-17.4	-22.01
Net Income	535.01	404.61	239.47	324.71	430.13
Net Income to Common	535.01	404.61	239.47	324.71	430.13
Net Income Growth	32.23%	68.96%	-26.25%	-24.51%	6.15%
Shares Outstanding (Basic)	282	277	277	279	288
Shares Outstanding (Diluted)	282	277	277	279	288
Shares Change (YoY)	1.68%	-	-0.70%	-2.97%	0.00%
EPS (Basic)	1.90	1.46	0.86	1.16	1.49
EPS (Diluted)	1.90	1.45	0.86	1.16	1.49
EPS Growth	30.27%	68.51%	-25.73%	-22.20%	6.14%
Free Cash Flow	482.01	-40.64	-232.05	-367.75	-30.12
Free Cash Flow Per Share	1.71	-0.15	-0.84	-1.32	-0.10
Dividend Per Share	-	0.856	0.205	0.273	0.362
Dividend Growth	-	317.31%	-24.93%	-24.53%	8.58%
Gross Margin	41.68%	34.11%	31.68%	34.20%	46.12%
Operating Margin	25.10%	16.34%	7.98%	13.62%	24.35%
Profit Margin	35.70%	25.93%	22.11%	28.96%	44.91%
Free Cash Flow Margin	32.16%	-2.60%	-21.42%	-32.80%	-3.14%
EBITDA	388.28	279.87	106.21	164.63	236.85
EBITDA Margin	25.91%	17.93%	9.80%	14.68%	24.73%
D&A For EBITDA	12.04	24.89	19.77	11.9	3.63
EBIT	376.24	254.98	86.44	152.73	233.21
EBIT Margin	25.10%	16.34%	7.98%	13.62%	24.35%
Effective Tax Rate	8.97%	8.08%	10.17%	9.47%	5.46%

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