BVMF:LAND3 Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	86.08	68.33	91.73	95.01	104.27	-
Other Revenue	-	-	-	-	-	52.07
Total Revenue	86.08	68.33	91.73	95.01	104.27	52.07
Revenue Growth (YoY	13.30%	-25.50%	-3.46%	-8.88%	100.24%	-
Property Expenses	4.58	4.75	5.13	6.79	7.14	4.04
Selling, General & Administrative	29.48	31.87	24.56	28.6	14.31	1.31
Other Operating Expenses	24.84	11.29	2.61	3.51	7.54	-1.61
Total Operating Expenses	58.9	47.91	32.3	38.9	28.99	3.75
Operating Income	27.19	20.43	59.43	56.11	75.28	48.32
Interest Expense	-12.36	-13.14	-12.93	-12.08	-11.89	-0.06
Interest & Investment Income	0.95	0.89	0.4	2.74	0.78	7.5
Currency Exchange Gain (Loss)	-4.48	-6.37	-6.24	2.74	0.26	-
Other Non-Operating Income	7.13	7.99	7.41	-4.1	-3.84	0.03
EBT Excluding Unusual Items	18.44	9.81	48.08	45.41	60.58	55.79
Pretax Income	18.44	9.81	48.08	45.41	60.58	55.79
Income Tax Expense	2.12	2.47	12.87	-91.76	22.56	19.08
Net Income	16.32	7.33	35.21	137.17	38.02	36.71
Net Income to Common	16.32	7.33	35.21	137.17	38.02	36.71
Net Income Growth	-40.28%	-79.18%	-74.33%	260.74%	3.57%	-
Basic Shares Outstanding	96	96	96	96	75	-
Diluted Shares Outstanding	96	96	96	96	75	-
Shares Change (YoY)	-	-	-	28.60%	-	-
EPS (Basic)	0.17	0.08	0.37	1.43	0.51	-
EPS (Diluted)	0.17	0.08	0.37	1.43	0.51	-
EPS Growth	-40.28%	-79.18%	-74.33%	180.52%	-	-
Dividend Per Share	0.072	0.072	-	1.354	-	-
Operating Margin	31.58%	29.89%	64.79%	59.06%	72.19%	92.81%
Profit Margin	18.95%	10.73%	38.39%	144.37%	36.47%	70.51%
EBITDA	30.35	23.83	63.36	61.91	80.72	49.95
EBITDA Margin	35.25%	34.87%	69.07%	65.16%	77.41%	95.93%
D&A For Ebitda	3.16	3.4	3.93	5.8	5.44	1.63
EBIT	27.19	20.43	59.43	56.11	75.28	48.32
EBIT Margin	31.58%	29.89%	64.79%	59.06%	72.19%	92.81%
Effective Tax Rate	11.50%	25.23%	26.76%	-	37.24%	34.20%

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.