BVMF:HGBS11 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
Rental Revenue	215.67	192.03	137.79	111.45	68.63
Gain (Loss) on Sale of Assets (Rev)	9.64	-	-	-	-
Gain (Loss) on Sale of Investments (Rev)	73.8	-107.53	41.27	-69.98	-108.19
Other Revenue	7.09	0.72	-1.14	-	-
Total Revenue	351.75	198.42	268.83	181.29	59.85
Revenue Growth (YoY	77.28%	-26.19%	48.28%	202.90%	-
Selling, General & Administrative	16.03	17.64	14.03	12.25	13.56
Other Operating Expenses	2.41	1.91	3.96	0.35	0.46
Total Operating Expenses	18.44	19.55	18	12.59	14.01
Operating Income	333.31	178.87	250.83	168.7	45.84
Other Non-Operating Income	-44.28	-30.04	-12.98	-0.06	8.97
EBT Excluding Unusual Items	289.02	148.83	237.85	168.65	54.81
Gain (Loss) on Sale of Assets	-	4.18	-	-	-
Asset Writedown	-147	-107.6	99.72	61.38	-36.42
Pretax Income	142.03	45.4	337.58	230.03	18.39
Net Income	142.03	45.4	337.58	230.03	18.39
Net Income to Common	142.03	45.4	337.58	230.03	18.39
Net Income Growth	212.81%	-86.55%	46.75%	1150.90%	-
Basic Shares Outstanding	-	127	127	100	100
Diluted Shares Outstanding	-	127	127	100	100
Shares Change (YoY)	-	-	27.30%	-	-
EPS (Basic)	-	0.36	2.65	2.30	0.18
EPS (Diluted)	-	0.36	2.65	2.30	0.18
EPS Growth	-	-86.55%	15.28%	1150.90%	-
Operating Margin	94.76%	90.15%	93.31%	93.05%	76.59%
Profit Margin	40.38%	22.88%	125.57%	126.88%	30.72%
EBIT	333.31	178.87	250.83	168.7	45.84
EBIT Margin	94.76%	90.15%	93.31%	93.05%	76.59%

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