Iguatemi Income Statement

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
Rental Revenue	1,532	1,487	1,236	1,157	1,016	858.06
Other Revenue	-1.88	-1.88	-11.43	-33.79	-4.4	2.83
Total Revenue	1,530	1,485	1,225	1,123	1,012	860.89
Revenue Growth (YoY	20.95%	21.23%	9.04%	11.01%	17.55%	27.74%
Property Expenses	389.52	367.14	403.16	418.21	420.88	369.22
Selling, General & Administrative	188.83	189.18	166.74	139.74	139.96	143.34
Other Operating Expenses	-65.54	69.56	102.25	-65.76	-69.58	-3.57
Total Operating Expenses	512.81	625.89	672.15	492.19	491.26	509
Operating Income	1,017	859.06	552.77	631.18	520.69	351.9
Interest Expense	-592.15	-562.29	-405.69	-462.61	-489.44	-285.92
Interest & Investment Income	219.86	219.86	193.73	212.68	186.85	155.41
Other Non-Operating Income	-94.4	-103.73	-40.02	-	-	326.01
EBT Excluding Unusual Items	550.01	412.9	300.78	381.25	218.09	547.4
Gain (Loss) on Sale of Investments	-	-	-	-10.4	-323.09	-
Gain (Loss) on Sale of Assets	263.77	263.77	168.1	-9.05	-25.92	-10.51
Pretax Income	813.78	676.67	468.87	361.8	-130.91	536.89
Income Tax Expense	101.06	94.09	69	52.87	-143.74	190.69
Earnings From Continuing Operations	712.72	582.58	399.88	308.93	12.82	346.21
Minority Interest in Earnings	-0.11	-0.12	-0.11	-4.22	-5.25	-107.18
Net Income	712.61	582.46	399.77	304.71	7.57	239.02
Net Income to Common	712.61	582.46	399.77	304.71	7.57	239.02
Net Income Growth	67.22%	45.70%	31.20%	3926.34%	-96.83%	212.45%
Basic Shares Outstanding	-	297	297	299	301	1,170
Diluted Shares Outstanding	-	297	297	299	301	1,170
Shares Change (YoY)	-	-0.01%	-0.62%	-0.64%	-74.33%	33.16%
EPS (Basic)	-	1.96	1.35	1.02	0.03	0.20
EPS (Diluted)	-	1.96	1.35	1.02	0.03	0.20
EPS Growth	-	45.71%	32.02%	3952.42%	-87.67%	134.65%
Operating Margin	66.49%	57.85%	45.13%	56.19%	51.45%	40.88%
Profit Margin	46.57%	39.22%	32.64%	27.13%	0.75%	27.77%
EBITDA	1,143	973.85	732.06	805.56	679.72	507.28
EBITDA Margin	74.68%	65.58%	59.76%	71.71%	67.17%	58.93%
D&A For Ebitda	125.41	114.79	179.29	174.38	159.03	155.39
EBIT	1,017	859.06	552.77	631.18	520.69	351.9
EBIT Margin	66.49%	57.85%	45.13%	56.19%	51.45%	40.88%
Funds From Operations (FFO)	709.88	709.88	593.77	-	-	-
Adjusted Funds From Operations (AFFO)	-	709.88	593.77	-	-	-
FFO Payout Ratio	28.14%	28.14%	33.64%	-	-	-
Effective Tax Rate	12.42%	13.91%	14.72%	14.61%	-	35.52%

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