Lavvi Empreendimentos Imobiliários S.A. (BVMF:LAVV3)

BVMF:LAVV3 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	1,807	1,549	903.33	555.33	609.27	359.51
Revenue Growth (YoY)	46.94%	71.51%	62.67%	-8.85%	69.47%	85.50%
Cost of Revenue	1,172	1,033	609.15	368.99	358.34	210.97
Gross Profit	634.94	516.68	294.18	186.34	250.93	148.54
Selling, General & Admin	212.29	182.26	105.88	96.5	79.2	30.92
Other Operating Expenses	4.49	0.9	1.01	2	-0.52	-2.14
Operating Expenses	216.77	183.16	106.88	98.5	78.68	28.79
Operating Income	418.17	333.52	187.3	87.84	172.25	119.75
Interest Expense	-64.48	-21.92	-0.52	-3.34	-0.28	-
Interest & Investment Income	56.78	56.78	54.76	71.04	45.19	9.74
Earnings From Equity Investments	91.99	66.8	35.71	-1.32	4.15	1.32
Other Non Operating Income (Expenses)	52.69	3.29	5.02	-	-0.35	-2.31
EBT Excluding Unusual Items	555.15	438.47	282.27	154.23	220.97	128.5
Gain (Loss) on Sale of Investments	0.59	0.59	-4.94	-	-0	0.48
Legal Settlements	-4.22	-4.22	-2.57	-	0.16	-2.72
Pretax Income	551.52	434.83	274.76	154.23	221.13	126.27
Income Tax Expense	52.98	42.37	28.14	23.32	16.83	7.43
Earnings From Continuing Operations	498.54	392.46	246.62	130.91	204.3	118.83
Minority Interest in Earnings	-69.15	-49.94	-15.17	-16.02	-26.57	-25.31
Net Income	429.38	342.51	231.45	114.89	177.73	93.52
Net Income to Common	429.38	342.51	231.45	114.89	177.73	93.52
Net Income Growth	38.20%	47.99%	101.45%	-35.36%	90.04%	111.42%
Shares Outstanding (Basic)	182	195	195	199	213	143
Shares Outstanding (Diluted)	182	195	195	199	213	143
Shares Change (YoY)	-6.91%	-	-1.68%	-6.67%	49.39%	34.70%
EPS (Basic)	2.36	1.75	1.18	0.58	0.83	0.66
EPS (Diluted)	2.36	1.75	1.18	0.58	0.83	0.66
EPS Growth	48.49%	48.02%	104.84%	-30.74%	27.21%	56.96%
Free Cash Flow	-60.77	-3.95	-262.51	80.01	-161.51	-8.23
Free Cash Flow Per Share	-0.33	-0.02	-1.34	0.40	-0.76	-0.06
Dividend Per Share	0.987	0.987	0.588	0.486	0.873	0.103
Dividend Growth	138.38%	67.81%	21.02%	-44.31%	743.49%	-
Gross Margin	35.14%	33.35%	32.57%	33.55%	41.19%	41.32%
Operating Margin	23.15%	21.53%	20.73%	15.82%	28.27%	33.31%
Profit Margin	23.77%	22.11%	25.62%	20.69%	29.17%	26.02%
Free Cash Flow Margin	-3.36%	-0.26%	-29.06%	14.41%	-26.51%	-2.29%
EBITDA	425.64	334.71	188.22	88.72	173.04	120.19
EBITDA Margin	23.56%	21.60%	20.84%	15.97%	28.40%	33.43%
D&A For EBITDA	7.47	1.2	0.92	0.88	0.79	0.44
EBIT	418.17	333.52	187.3	87.84	172.25	119.75
EBIT Margin	23.15%	21.53%	20.73%	15.82%	28.27%	33.31%
Effective Tax Rate	9.61%	9.74%	10.24%	15.12%	7.61%	5.89%

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