Itaúsa S.A. (BVMF:ITSA3)

Itaúsa 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	8,216	8,235	7,383	8,486	8,170	5,880
Revenue Growth (YoY)	1.20%	11.54%	-13.00%	3.87%	38.95%	17.41%
Cost of Revenue	6,284	5,783	5,006	5,611	5,296	4,028
Gross Profit	1,932	2,452	2,377	2,875	2,874	1,852
Selling, General & Admin	1,747	1,767	1,624	1,668	1,513	1,196
Other Operating Expenses	-160	-52	-391	-55	-555	86
Operating Expenses	1,587	1,715	1,233	1,613	958	1,282
Operating Income	345	737	1,144	1,262	1,916	570
Interest Expense	-1,519	-1,373	-1,569	-1,433	-453	-199
Interest & Investment Income	999	963	970	827	341	252
Earnings From Equity Investments	16,803	15,369	12,330	11,479	10,397	6,980
Currency Exchange Gain (Loss)	-131	-44	-140	-71	-42	-53
Other Non Operating Income (Expenses)	-546	-466	-501	-477	-229	-333
EBT Excluding Unusual Items	15,951	15,186	12,234	11,587	11,930	7,217
Impairment of Goodwill	-	-	-	-	-	-13
Gain (Loss) on Sale of Investments	-87	-78	1,526	3,040	1,427	310
Gain (Loss) on Sale of Assets	76	6	34	-11	-18	6
Asset Writedown	-5	-23	-63	-4	5	-
Legal Settlements	-84	-66	44	-56	-104	15
Pretax Income	15,844	15,025	13,775	14,556	13,240	7,535
Income Tax Expense	-157	138	-203	402	-51	191
Earnings From Continuing Operations	16,001	14,887	13,978	14,154	13,291	7,344
Minority Interest in Earnings	-92	-109	-512	-480	-1,091	-288
Net Income	15,909	14,778	13,466	13,674	12,200	7,056
Net Income to Common	15,909	14,778	13,466	13,674	12,200	7,056
Net Income Growth	13.31%	9.74%	-1.52%	12.08%	72.90%	-31.57%
Shares Outstanding (Basic)	11,248	10,843	10,732	10,703	10,706	10,710
Shares Outstanding (Diluted)	11,248	10,843	10,732	10,703	10,706	10,710
Shares Change (YoY)	7.20%	1.03%	0.27%	-0.02%	-0.04%	0.00%
EPS (Basic)	1.41	1.36	1.25	1.28	1.14	0.66
EPS (Diluted)	1.41	1.36	1.25	1.28	1.14	0.66
EPS Growth	5.70%	8.62%	-1.78%	12.11%	72.97%	-31.57%
Free Cash Flow	-1,105	-742	-965	-1,349	510	850
Free Cash Flow Per Share	-0.10	-0.07	-0.09	-0.13	0.05	0.08
Dividend Per Share	0.719	0.967	0.843	0.415	0.388	0.175
Dividend Growth	-13.11%	14.66%	103.30%	7.02%	121.81%	-74.42%
Gross Margin	23.52%	29.78%	32.20%	33.88%	35.18%	31.50%
Operating Margin	4.20%	8.95%	15.50%	14.87%	23.45%	9.69%
Profit Margin	193.63%	179.45%	182.39%	161.14%	149.33%	120.00%
Free Cash Flow Margin	-13.45%	-9.01%	-13.07%	-15.90%	6.24%	14.46%
EBITDA	1,528	1,894	2,202	2,076	2,603	1,169
EBITDA Margin	18.60%	23.00%	29.83%	24.46%	31.86%	19.88%
D&A For EBITDA	1,183	1,157	1,058	814	687	599
EBIT	345	737	1,144	1,262	1,916	570
EBIT Margin	4.20%	8.95%	15.50%	14.87%	23.45%	9.69%
Effective Tax Rate	-	0.92%	-	2.76%	-	2.54%
Advertising Expenses	-	196	160	137	144	91

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