BVMF:FESA4 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	2,334	2,237	2,435	3,139	2,389
Revenue Growth (YoY)	4.37%	-8.15%	-22.42%	31.37%	47.32%
Cost of Revenue	2,067	1,840	1,901	1,724	1,384
Gross Profit	267.75	396.58	533.93	1,415	1,006
Selling, General & Admin	245.9	239.77	229.4	234.5	194.78
Other Operating Expenses	113.74	55.09	68.11	53.05	33.41
Operating Expenses	359.64	294.86	297.51	287.54	228.19
Operating Income	-91.89	101.72	236.42	1,127	777.46
Interest Expense	-38.37	-32.42	-30.65	-36.25	-30.79
Interest & Investment Income	142.22	120.6	166.14	139	30.2
Currency Exchange Gain (Loss)	26.33	-4.97	-2.3	0.9	5.55
Other Non Operating Income (Expenses)	-4.51	64.69	-17.29	-20.25	-104.13
EBT Excluding Unusual Items	33.78	249.63	352.33	1,211	678.28
Gain (Loss) on Sale of Assets	-4.42	-4.42	-4.42	-4.42	-4.42
Asset Writedown	143.4	74.63	71.73	38	27.8
Pretax Income	172.76	319.84	419.64	1,244	701.66
Income Tax Expense	-15.92	-7.92	36.75	181.89	58.75
Earnings From Continuing Operations	188.68	327.75	382.89	1,062	642.91
Minority Interest in Earnings	-0.3	-0.25	-	-0.2	-0.03
Net Income	188.38	327.51	382.89	1,062	642.88
Net Income to Common	188.38	327.51	382.89	1,062	642.88
Net Income Growth	-42.48%	-14.46%	-63.96%	65.24%	821.40%
Shares Outstanding (Basic)	339	340	340	340	340
Shares Outstanding (Diluted)	339	340	340	340	340
Shares Change (YoY)	-0.45%	-	-	-	-
EPS (Basic)	0.56	0.96	1.12	3.12	1.89
EPS (Diluted)	0.56	0.96	1.12	3.12	1.89
EPS Growth	-42.22%	-14.46%	-63.96%	65.24%	821.40%
Free Cash Flow	103.07	68.45	147.73	934.35	633.31
Free Cash Flow Per Share	0.30	0.20	0.43	2.75	1.86
Dividend Per Share	0.730	0.526	0.685	1.215	0.283
Dividend Growth	38.64%	-23.18%	-43.60%	329.22%	-0.42%
Gross Margin	11.47%	17.73%	21.93%	45.07%	42.09%
Operating Margin	-3.94%	4.55%	9.71%	35.91%	32.54%
Profit Margin	8.07%	14.64%	15.72%	33.84%	26.91%
Free Cash Flow Margin	4.42%	3.06%	6.07%	29.77%	26.50%
EBITDA	130.49	291.51	412.14	1,275	915.43
EBITDA Margin	5.59%	13.03%	16.93%	40.62%	38.31%
D&A For EBITDA	222.38	189.79	175.72	147.64	137.97
EBIT	-91.89	101.72	236.42	1,127	777.46
EBIT Margin	-3.94%	4.55%	9.71%	35.91%	32.54%
Effective Tax Rate	-	-	8.76%	14.62%	8.37%
Revenue as Reported	-	-	2,435	-	-

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