BVMF:LAVV3 Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.