Grendene S.A. (BVMF:GRND3)

Grendene Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,739	2,629	2,434	2,513	2,343	1,897
Revenue Growth (YoY)	8.25%	8.01%	-3.15%	7.26%	23.50%	-8.41%
Cost of Revenue	1,451	1,388	1,350	1,505	1,312	1,022
Gross Profit	1,287	1,241	1,084	1,008	1,030	874.46
Selling, General & Admin	895.36	720.54	698.74	715.48	615.96	504.59
Other Operating Expenses	44.21	9.44	38.44	25.38	20.49	20.69
Operating Expenses	939.57	729.97	737.18	740.86	636.46	525.28
Operating Income	347.79	511.1	346.51	266.91	393.61	349.17
Interest Expense	-14.29	-9.97	-9.11	-8.78	-6.04	-7.89
Interest & Investment Income	186.38	148.75	175.81	199.33	120.87	85.74
Earnings From Equity Investments	147.47	46.46	-62.97	-27.79	-0.09	0.01
Currency Exchange Gain (Loss)	-1.03	-30.24	13.86	12.8	0.16	-52.86
Other Non Operating Income (Expenses)	106.46	94.48	124.32	15.48	13.78	27.99
EBT Excluding Unusual Items	772.79	760.59	588.42	457.94	522.29	402.15
Gain (Loss) on Sale of Investments	35.3	52.23	12.15	117.38	30.44	84.44
Gain (Loss) on Sale of Assets	-0.49	-	-	-	-	-
Legal Settlements	0.57	-	-	-	-	-
Other Unusual Items	-27.25	-	-8.61	-	-	-47.98
Pretax Income	779.96	812.82	591.97	575.32	552.73	438.61
Income Tax Expense	54.15	77.58	34.3	7.29	-48.28	33.41
Earnings From Continuing Operations	725.81	735.24	557.67	568.03	601.01	405.21
Net Income	725.81	735.24	557.67	568.03	601.01	405.21
Net Income to Common	725.81	735.24	557.67	568.03	601.01	405.21
Net Income Growth	12.03%	31.84%	-1.82%	-5.49%	48.32%	-50.54%
Shares Outstanding (Basic)	902	902	902	902	902	902
Shares Outstanding (Diluted)	902	902	902	902	902	902
Shares Change (YoY)	-0.01%	-	-0.05%	0.03%	-0.01%	-0.10%
EPS (Basic)	0.80	0.82	0.62	0.63	0.67	0.45
EPS (Diluted)	0.80	0.82	0.62	0.63	0.67	0.45
EPS Growth	12.03%	31.84%	-1.78%	-5.52%	48.34%	-50.48%
Free Cash Flow	368.07	552.01	630.68	390.09	464.99	52.79
Free Cash Flow Per Share	0.41	0.61	0.70	0.43	0.52	0.06
Dividend Per Share	0.505	0.503	0.314	1.460	0.438	0.533
Dividend Growth	23.25%	60.48%	-78.51%	233.14%	-17.77%	74.30%
Gross Margin	47.01%	47.22%	44.53%	40.11%	43.97%	46.10%
Operating Margin	12.70%	19.44%	14.24%	10.62%	16.80%	18.41%
Profit Margin	26.50%	27.97%	22.91%	22.61%	25.66%	21.36%
Free Cash Flow Margin	13.44%	21.00%	25.91%	15.53%	19.85%	2.78%
EBITDA	377.72	543.05	421.82	338.95	459.53	413.35
EBITDA Margin	13.79%	20.66%	17.33%	13.49%	19.62%	21.79%
D&A For EBITDA	29.93	31.94	75.32	72.04	65.92	64.17
EBIT	347.79	511.1	346.51	266.91	393.61	349.17
EBIT Margin	12.70%	19.44%	14.24%	10.62%	16.80%	18.41%
Effective Tax Rate	6.94%	9.54%	5.79%	1.27%	-	7.62%
Advertising Expenses	-	126.47	111.93	108.93	80.83	61.11

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