BVMF:LAVV3 Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	191.25	184.49	98.94	38.26	32.69	4.62
Short-Term Investments	699.32	721.67	670.2	335.4	395.26	460.22
Cash & Short-Term Investments	890.57	906.16	769.13	373.66	427.95	464.84
Cash Growth	26.63%	17.82%	105.83%	-12.68%	-7.94%	-49.57%
Accounts Receivable	1,141	1,184	873.25	511.88	293.81	271.79
Other Receivables	4.95	38.19	21.39	7.7	1	6.03
Receivables	1,146	1,222	894.64	519.58	294.81	277.82
Inventory	1,953	1,405	950.32	838.63	787.98	394.8
Prepaid Expenses	28.53	25	12.86	4.74	5.51	-
Restricted Cash	4.93	4.79	7.23	1.35	0.95	2.5
Total Current Assets	4,033	3,565	2,636	1,738	1,517	1,140
Property, Plant & Equipment	46.57	29.59	23.54	15.1	2.95	4.08
Long-Term Investments	218.56	197.27	135.68	104.95	161.22	121.67
Other Intangible Assets	3.26	3.09	1.73	0.5	0.69	0.82
Long-Term Accounts Receivable	245.7	194.23	215.97	141.62	101.23	81.19
Other Long-Term Assets	48.52	453.94	407.04	187.12	114.57	389.98
Total Assets	4,640	4,487	3,458	2,218	1,929	1,751
Accounts Payable	290.08	239.6	108.02	19.71	19.55	48.66
Accrued Expenses	21.3	23.7	21.76	10.76	7.8	5.99
Short-Term Debt	4.4	4.86	7.08	-	14.36	-
Current Portion of Long-Term Debt	141.42	204.12	21.5	24.15	0.33	0
Current Portion of Leases	0.41	0.41	0.62	0.8	0.58	0.5
Current Income Taxes Payable	17.76	27.9	12.26	4.51	4.75	3.49
Current Unearned Revenue	246.69	237.79	325.79	222.28	242.22	233.57
Other Current Liabilities	197.2	21.79	14.15	55.75	38.8	61.63
Total Current Liabilities	955.6	798.79	535.18	352.85	334.72	359.09
Long-Term Debt	1,229	1,107	631.28	189.35	42.24	0.41
Long-Term Leases	1.63	1.63	2.08	2.68	1.47	2.15
Long-Term Unearned Revenue	260.4	253.09	57.75	89.18	91.53	-
Long-Term Deferred Tax Liabilities	8.3	6.28	10.65	3.71	2.25	4.45
Other Long-Term Liabilities	561.45	539.14	479.83	166	200.39	134.98
Total Liabilities	3,016	2,706	1,717	803.76	672.61	501.08
Common Stock	1,134	1,134	1,134	1,134	1,134	1,134
Retained Earnings	271.7	401.83	410.45	201.79	99.38	103.78
Treasury Stock	-	-	-19.15	-19.15	-19.15	-14.63
Comprehensive Income & Other	-37.72	-38.11	-39.01	-43.23	-42.11	-44.59
Total Common Equity	1,368	1,497	1,486	1,273	1,172	1,178
Minority Interest	256.5	283.49	255.25	141.53	84.37	71.83
Shareholders' Equity	1,624	1,781	1,741	1,415	1,256	1,250
Total Liabilities & Equity	4,640	4,487	3,458	2,218	1,929	1,751
Total Debt	1,377	1,318	662.56	216.98	58.98	3.07
Net Cash (Debt)	-485.97	-411.7	106.57	156.69	368.97	461.78
Net Cash Growth	-	-	-31.98%	-57.53%	-20.10%	-46.49%
Net Cash Per Share	-2.49	-2.11	0.55	0.80	1.86	2.17
Filing Date Shares Outstanding	195.44	195.43	195.43	195.43	195.43	205.05
Total Common Shares Outstanding	195.44	195.43	195.43	195.43	195.43	205.05
Working Capital	3,078	2,767	2,101	1,385	1,182	780.88
Book Value Per Share	7.00	7.66	7.60	6.51	6.00	5.75
Tangible Book Value	1,364	1,494	1,484	1,272	1,171	1,177
Tangible Book Value Per Share	6.98	7.65	7.59	6.51	5.99	5.74

Source: S&P Global Market Intelligence. Standard template. Financial Sources.