Grupo Mateus 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	36,601	32,085	26,774	21,768	15,877	12,397
Revenue Growth (YoY)	18.45%	19.84%	22.99%	37.11%	28.07%	54.28%
Cost of Revenue	28,611	25,019	21,113	17,088	12,174	9,408
Gross Profit	7,991	7,066	5,661	4,680	3,702	2,989
Selling, General & Admin	5,226	4,591	3,884	3,163	2,727	2,117
Other Operating Expenses	-150.28	7.99	-259.84	-177.48	59.27	3.1
Operating Expenses	5,548	4,975	3,978	3,315	2,786	2,120
Operating Income	2,443	2,091	1,683	1,365	916.17	869.69
Interest Expense	-620.48	-466.37	-403.44	-253.6	-269.88	-228.62
Interest & Investment Income	56.5	41.11	165.22	99.14	141.26	83.48
Other Non Operating Income (Expenses)	-207.63	-146.68	-167.1	-122.52	-	-
Pretax Income	1,671	1,519	1,277	1,088	787.55	724.54
Income Tax Expense	-228.74	183.97	42.65	23.52	18.76	-1.73
Earnings From Continuing Operations	1,900	1,335	1,235	1,065	768.79	726.27
Minority Interest in Earnings	-10.64	-16.7	-13.78	-12.38	-9.86	-0.46
Net Income	1,889	1,318	1,221	1,052	758.93	725.81
Net Income to Common	1,889	1,318	1,221	1,052	758.93	725.81
Net Income Growth	42.84%	7.97%	16.00%	38.67%	4.56%	114.99%
Shares Outstanding (Basic)	2,231	2,203	2,209	2,209	2,209	2,209
Shares Outstanding (Diluted)	2,231	2,203	2,209	2,209	2,209	2,209
Shares Change (YoY)	0.94%	-0.27%	-0.01%	-	-	142.14%
EPS (Basic)	0.85	0.60	0.55	0.48	0.34	0.33
EPS (Diluted)	0.85	0.60	0.55	0.48	0.34	0.33
EPS Growth	41.52%	8.27%	16.01%	38.67%	4.56%	-11.21%
Free Cash Flow	454.81	224.07	-225.91	109.41	-1,537	-875.14
Free Cash Flow Per Share	0.20	0.10	-0.10	0.05	-0.70	-0.40
Dividend Per Share	0.243	0.194	-	-	-	-
Gross Margin	21.83%	22.02%	21.14%	21.50%	23.32%	24.11%
Operating Margin	6.67%	6.52%	6.29%	6.27%	5.77%	7.02%
Profit Margin	5.16%	4.11%	4.56%	4.83%	4.78%	5.85%
Free Cash Flow Margin	1.24%	0.70%	-0.84%	0.50%	-9.68%	-7.06%
EBITDA	2,702	2,304	1,892	1,585	1,181	1,062
EBITDA Margin	7.38%	7.18%	7.07%	7.28%	7.44%	8.56%
D&A For EBITDA	258.93	213.15	208.94	219.78	264.96	192.02
EBIT	2,443	2,091	1,683	1,365	916.17	869.69
EBIT Margin	6.67%	6.52%	6.29%	6.27%	5.77%	7.02%
Effective Tax Rate	-	12.11%	3.34%	2.16%	2.38%	-
Advertising Expenses	-	112.36	92.5	72.63	-	-

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