BVMF:INEP4 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
Revenue	6.5	4.4	6.48	10.72	24.39
Revenue Growth (YoY)	47.73%	-32.10%	-39.54%	-56.03%	217.47%
Cost of Revenue	9.71	6.52	9.67	18.25	15.8
Gross Profit	-3.2	-2.11	-3.19	-7.53	8.58
Selling, General & Admin	42.03	34.81	37.86	43.61	94.91
Other Operating Expenses	436.94	9.02	23.13	9.86	-1,433
Operating Expenses	485.54	46.98	66.12	61.16	-1,331
Operating Income	-488.75	-49.09	-69.31	-68.68	1,340
Interest Expense	-50.2	-48.28	-187.29	-294.77	-165.11
Interest & Investment Income	-	0.03	0.04	10.42	0.03
Earnings From Equity Investments	-4.98	-15.95	-11.61	-13.22	-0.99
Currency Exchange Gain (Loss)	-	0.1	-0.05	-	0.16
Other Non Operating Income (Expenses)	-68.13	-99.62	17.51	-	36.96
EBT Excluding Unusual Items	-612.05	-212.82	-250.71	-366.25	1,211
Gain (Loss) on Sale of Assets	352.56	-	-	-	-
Legal Settlements	-225.95	-20.81	-	-	77.89
Other Unusual Items	-28.41	-2.6	-	-	-
Pretax Income	-513.85	-236.22	-250.71	-366.25	1,289
Income Tax Expense	-0.43	0.55	-728.13	0.32	-13.14
Earnings From Continuing Operations	-513.43	-236.77	477.43	-366.57	1,302
Minority Interest in Earnings	14.61	4.08	-2.6	12.69	-14.94
Net Income	-498.82	-232.7	474.83	-353.87	1,287
Net Income to Common	-498.82	-232.7	474.83	-353.87	1,287
Shares Outstanding (Basic)	49	45	44	37	33
Shares Outstanding (Diluted)	49	45	44	37	33
Shares Change (YoY)	9.74%	0.66%	21.04%	9.82%	1.59%
EPS (Basic)	-10.19	-5.22	10.72	-9.67	38.61
EPS (Diluted)	-10.19	-5.22	10.72	-9.67	38.61
Free Cash Flow	-309.52	-0.44	-25.92	66.37	73.11
Free Cash Flow Per Share	-6.32	-0.01	-0.58	1.81	2.19
Gross Margin	-49.24%	-48.00%	-49.16%	-70.22%	35.20%
Operating Margin	-7515.70%	-1115.27%	-1069.04%	-640.59%	5494.70%
Profit Margin	-7670.55%	-5286.12%	7324.20%	-3300.43%	5277.91%
Free Cash Flow Margin	-4759.70%	-9.97%	-399.75%	619.05%	299.83%
EBITDA	-482.9	-42.68	-60.23	-61.01	1,349
EBITDA Margin	-	-	-	-	5533.92%
D&A For EBITDA	5.84	6.42	9.07	7.68	9.56
EBIT	-488.75	-49.09	-69.31	-68.68	1,340
EBIT Margin	-	-	-	-	5494.70%
Revenue as Reported	-	-	-	-	24.39

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