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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,599	1,549	903.33	555.33	609.27	359.51
Revenue Growth (YoY)	55.31%	71.51%	62.67%	-8.85%	69.47%	85.50%
Cost of Revenue	1,058	1,033	609.15	368.99	358.34	210.97
Gross Profit	540.62	516.68	294.18	186.34	250.93	148.54
Selling, General & Admin	193.93	182.26	105.88	96.5	79.2	30.92
Other Operating Expenses	0.53	0.9	1.01	2	-0.52	-2.14
Operating Expenses	194.46	183.16	106.88	98.5	78.68	28.79
Operating Income	346.16	333.52	187.3	87.84	172.25	119.75
Interest Expense	-32.69	-21.92	-0.52	-3.34	-0.28	-
Interest & Investment Income	71.57	56.78	54.76	71.04	45.19	9.74
Earnings From Equity Investments	77.63	66.8	35.71	-1.32	4.15	1.32
Other Non Operating Income (Expenses)	-0.52	3.29	5.02	-	-0.35	-2.31
EBT Excluding Unusual Items	462.15	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	-4.52	-4.22	-2.57	-	0.16	-2.72
Pretax Income	458.21	434.83	274.76	154.23	221.13	126.27
Income Tax Expense	41.52	42.37	28.14	23.32	16.83	7.43
Earnings From Continuing Operations	416.7	392.46	246.62	130.91	204.3	118.83
Minority Interest in Earnings	-57.3	-49.94	-15.17	-16.02	-26.57	-25.31
Net Income	359.39	342.51	231.45	114.89	177.73	93.52
Net Income to Common	359.39	342.51	231.45	114.89	177.73	93.52
Net Income Growth	30.29%	47.99%	101.45%	-35.36%	90.04%	111.42%
Shares Outstanding (Basic)	195	195	195	199	213	143
Shares Outstanding (Diluted)	195	195	195	199	213	143
Shares Change (YoY)	-	-	-1.68%	-6.67%	49.39%	34.70%
EPS (Basic)	1.84	1.75	1.18	0.58	0.83	0.66
EPS (Diluted)	1.84	1.75	1.18	0.58	0.83	0.66
EPS Growth	30.29%	48.02%	104.84%	-30.74%	27.21%	56.96%
Free Cash Flow	-41.98	-3.95	-262.51	80.01	-161.51	-8.23
Free Cash Flow Per Share	-0.21	-0.02	-1.34	0.40	-0.76	-0.06
Dividend Per Share	1.012	0.987	0.588	0.486	0.873	0.103
Dividend Growth	57.59%	67.81%	21.02%	-44.31%	743.49%	-
Gross Margin	33.82%	33.35%	32.57%	33.55%	41.19%	41.32%
Operating Margin	21.65%	21.53%	20.73%	15.82%	28.27%	33.31%
Profit Margin	22.48%	22.11%	25.62%	20.69%	29.17%	26.02%
Free Cash Flow Margin	-2.63%	-0.26%	-29.06%	14.41%	-26.51%	-2.29%
EBITDA	347.3	334.71	188.22	88.72	173.04	120.19
EBITDA Margin	21.72%	21.60%	20.84%	15.97%	28.40%	33.43%
D&A For EBITDA	1.14	1.2	0.92	0.88	0.79	0.44
EBIT	346.16	333.52	187.3	87.84	172.25	119.75
EBIT Margin	21.65%	21.53%	20.73%	15.82%	28.27%	33.31%
Effective Tax Rate	9.06%	9.74%	10.24%	15.12%	7.61%	5.89%

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.