Grupo Mateus Balance Sheet

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
Cash & Equivalents	1,984	1,802	1,664	1,289	1,796	877.26
Cash & Short-Term Investments	1,984	1,802	1,664	1,289	1,796	877.26
Cash Growth	30.50%	8.27%	29.09%	-28.21%	104.69%	-58.47%
Accounts Receivable	4,013	4,081	3,399	3,458	2,548	1,816
Other Receivables	1,308	1,313	605.14	419.63	379.67	67.34
Receivables	5,321	5,393	4,004	3,877	2,928	1,884
Inventory	5,221	5,170	4,940	5,088	3,985	3,499
Other Current Assets	426.11	388.28	253.52	116.48	91.32	12.67
Total Current Assets	12,953	12,754	10,861	10,371	8,800	6,272
Property, Plant & Equipment	5,778	9,402	6,418	5,581	4,221	3,489
Long-Term Investments	-	-	43.19	20.12	1.53	3.07
Other Intangible Assets	663.08	651.72	61.16	33.84	4.52	2.56
Long-Term Accounts Receivable	-	0.04	0.11	0.1	4.66	-
Long-Term Deferred Tax Assets	908.88	866.47	503.54	-	165.86	135.29
Other Long-Term Assets	4,435	678.38	340.25	351.37	66.12	52.53
Total Assets	24,737	24,352	18,228	16,357	13,264	9,955
Accounts Payable	4,635	4,118	2,904	2,921	1,996	1,057
Accrued Expenses	819.94	1,134	777.18	563.23	411.92	353.3
Current Portion of Long-Term Debt	-	1,205	420.99	465.4	192.83	172.83
Current Portion of Leases	262.5	262.15	79.46	35.63	80.27	61.14
Current Income Taxes Payable	-	19.28	82.21	42.26	21.02	-
Current Unearned Revenue	-	155.61	129.64	25.82	-	-
Other Current Liabilities	312.02	403.44	280.01	182.65	51.18	6.49
Total Current Liabilities	7,567	7,297	4,673	4,236	2,753	1,650
Long-Term Debt	1,183	1,600	1,842	1,284	1,585	869.54
Long-Term Leases	3,710	3,713	2,100	1,957	1,310	890.54
Long-Term Deferred Tax Liabilities	-	-	-	-	20.18	32.53
Other Long-Term Liabilities	280.67	273.57	380.45	106.53	53.14	35.47
Total Liabilities	12,740	12,884	8,996	7,584	5,722	3,478
Common Stock	8,698	8,346	8,346	8,014	4,781	4,781
Retained Earnings	2,264	2,051	813.24	617.52	2,630	1,578
Treasury Stock	-26.43	-26.43	-4.09	-2.98	-	-
Comprehensive Income & Other	-	12.93	-	44.22	44.22	44.22
Total Common Equity	10,936	10,384	9,156	8,672	7,456	6,403
Minority Interest	1,062	1,084	76.68	101.24	86.38	73.39
Shareholders' Equity	11,998	11,468	9,232	8,774	7,542	6,477
Total Liabilities & Equity	24,737	24,352	18,228	16,357	13,264	9,955
Total Debt	6,692	6,780	4,443	3,743	3,168	1,994
Net Cash (Debt)	-4,708	-4,979	-2,778	-2,453	-1,373	-1,117
Net Cash Per Share	-	-2.22	-1.26	-1.11	-0.62	-0.51
Filing Date Shares Outstanding	-	2,245	2,248	2,209	2,209	2,209
Total Common Shares Outstanding	-	2,245	2,248	2,209	2,209	2,209
Working Capital	5,386	5,456	6,188	6,135	6,047	4,622
Book Value Per Share	-	4.63	4.07	3.93	3.37	2.90
Tangible Book Value	10,273	9,732	9,094	8,638	7,451	6,401
Tangible Book Value Per Share	-	4.34	4.05	3.91	3.37	2.90
Land	-	339.27	259.14	291.51	202.52	191.94
Buildings	-	4,072	3,205	2,367	1,818	1,573
Machinery	-	2,841	2,007	1,709	1,388	1,001
Construction In Progress	-	497.41	415.74	570.09	511.01	554.89

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