HBR Realty Empreendimentos Imobiliários S.A. (BVMF:HBRE3)
Brazil · Delayed Price · Currency is BRL 1.560
+0.040 (2.63%)
At close: Nov 10, 2026
BVMF:HBRE3 Cash Flow Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | 37.6 | 27.5 | 47.65 | 131.82 | 63.04 | 156.16 |
Depreciation & Amortization | 6.56 | 7.04 | 4.54 | 1.98 | 0.92 | 0.62 |
Gain (Loss) on Sale of Investments | - | - | - | 0.69 | 0.18 | 231.72 |
Asset Writedown | -32.24 | 48.18 | -184.44 | -388.18 | -159.13 | -158.4 |
Stock-Based Compensation | 0.09 | 0.2 | -0.81 | 0.73 | 0.97 | 1.77 |
Income (Loss) on Equity Investments | -2.94 | 6.96 | 1.15 | 18.51 | 19.28 | 5.11 |
Change in Accounts Receivable | 2.86 | -280.82 | 4.59 | -37.65 | 3.3 | -11.4 |
Change in Accounts Payable | -3.75 | 4.17 | -5.23 | 4.81 | 1.93 | 2.45 |
Change in Other Net Operating Assets | -137.87 | 33.42 | -233.95 | -216.38 | -61.36 | -226.89 |
Other Operating Activities | 309.68 | 265.29 | 272.3 | 380.2 | 228.39 | 169.95 |
Operating Cash Flow | 175.66 | 108.93 | -79.58 | -107.84 | 89.77 | 173.87 |
Operating Cash Flow Growth | 16.09% | - | - | - | -48.37% | 51.55% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Acquisition of Real Estate Assets | -219.86 | -110.94 | -108.05 | -9.81 | -611.69 | -652.71 |
Sale of Real Estate Assets | 109.48 | 106.56 | - | 54.82 | 342.86 | 50.19 |
Net Sale / Acq. of Real Estate Assets | -110.38 | -4.38 | -108.05 | 45.01 | -268.83 | -602.52 |
Investment in Marketable & Equity Securities | 7.66 | -23.32 | -34.78 | 74.59 | 154.22 | -544.99 |
Other Investing Activities | 48.38 | 7.75 | 11.48 | -5.35 | -23.48 | 1.16 |
Investing Cash Flow | -54.34 | -19.95 | -131.35 | 114.25 | -138.09 | -1,146 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Long-Term Debt Issued | - | 316.35 | 336.72 | 132.85 | 144.27 | 237.43 |
Long-Term Debt Repaid | - | -177.15 | -90.14 | -98.58 | -69.87 | -163.75 |
Net Debt Issued (Repaid) | 149.27 | 139.2 | 246.58 | 34.27 | 74.4 | 73.68 |
Issuance of Common Stock | - | - | - | - | - | 729.62 |
Common & Preferred Dividends Paid | -1.6 | -1.6 | -0.64 | - | - | - |
Total Dividends Paid | -51.6 | -1.6 | -0.64 | - | - | - |
Other Financing Activities | -222.23 | -234.24 | -28.65 | -63.11 | -33.41 | 120.78 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Cash Flow | -3.25 | -7.66 | 6.36 | -22.43 | -7.34 | -48.41 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Levered Free Cash Flow | 176.44 | -167.46 | -167.9 | -271.35 | 39.78 | -132.5 |
Unlevered Free Cash Flow | 313.54 | -45.24 | -78.03 | -194.67 | 115.87 | -55.35 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 Interest Paid | 43.92 | 170.07 | 114.73 | 89.79 | 62.78 | - |
Cash Income Tax Paid | - | 10.84 | 9.48 | 9.21 | 29.48 | 2.16 |
Change in Working Capital | -144.58 | -247.18 | -221.95 | -254.86 | -61.18 | -234.89 |