BVMF:LAND3 Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

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

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