Lupatech 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	0.25	0.38	3.52	19.91	13.17	19.18
Short-Term Investments	-	-	1.14	2.07	3.98	-
Cash & Short-Term Investments	0.25	0.38	4.66	21.97	17.15	19.18
Cash Growth	-92.77%	-91.75%	-78.81%	28.10%	-10.54%	-43.52%
Accounts Receivable	14.6	13.95	35.43	18.14	27.13	20.94
Other Receivables	46.9	46.08	34.55	44.25	51.73	97.99
Receivables	61.5	60.03	69.98	62.39	78.86	118.93
Inventory	22.05	20.62	26.93	32.68	39.25	41.13
Prepaid Expenses	0.58	0.19	0.57	0.55	0.72	0.28
Other Current Assets	120.82	155.21	54.41	28.12	45.32	51.63
Total Current Assets	205.2	236.43	156.54	145.71	181.29	231.14
Property, Plant & Equipment	36.2	36.63	139.83	131.41	138.39	147.47
Long-Term Investments	10.4	0.23	-	-	0.04	-
Goodwill	58.81	82.17	82.17	82.17	82.17	82.17
Other Intangible Assets	0.94	0.94	0.12	0.04	0.35	1.09
Long-Term Deferred Tax Assets	70.11	68.21	68.25	56.18	56.79	-
Long-Term Deferred Charges	-	-	0.91	1	1.23	1.49
Other Long-Term Assets	71.26	55.49	60.97	66.26	66.64	39.67
Total Assets	452.92	480.1	508.8	482.77	526.89	503.03
Accounts Payable	29.14	26.24	17.73	15.07	15.81	11.17
Accrued Expenses	79.84	80.01	23.92	25.94	31.09	6.67
Short-Term Debt	65.61	-	-	-	-	-
Current Portion of Long-Term Debt	-	61.7	56.26	50.63	54.31	38.23
Current Income Taxes Payable	-	-	0.07	0.02	0.02	16
Other Current Liabilities	24.58	21.59	14.42	11.25	17.43	13.23
Total Current Liabilities	199.17	189.55	112.4	102.92	118.65	85.3
Long-Term Debt	120.45	116.45	123.44	95.03	101.35	90.59
Long-Term Deferred Tax Liabilities	-	-	-	-	-	46.98
Other Long-Term Liabilities	119.87	99.64	134.58	125.26	119.19	135.08
Total Liabilities	439.49	405.63	370.42	323.21	339.19	357.96
Common Stock	1,928	1,928	1,922	1,921	1,899	1,897
Retained Earnings	-2,131	-2,073	-2,012	-1,981	-2,042	-2,097
Comprehensive Income & Other	215.74	219.44	228.5	219.43	330.71	344.47
Total Common Equity	13.43	74.47	138.38	159.56	187.71	145.07
Shareholders' Equity	13.43	74.47	138.38	159.56	187.71	145.07
Total Liabilities & Equity	452.92	480.1	508.8	482.77	526.89	503.03
Total Debt	186.06	178.15	179.7	145.66	155.65	128.82
Net Cash (Debt)	-185.81	-177.76	-175.04	-123.69	-138.5	-109.64
Net Cash Per Share	-3.87	-3.81	-4.15	-3.01	-4.56	-3.78
Filing Date Shares Outstanding	47.32	46.69	42.13	41.04	30.35	29.12
Total Common Shares Outstanding	47.32	46.69	42.13	41.04	30.35	29.12
Working Capital	6.04	46.88	44.14	42.79	62.64	145.84
Book Value Per Share	0.28	1.60	3.28	3.89	6.18	4.98
Tangible Book Value	-46.31	-8.64	56.09	77.36	105.19	61.82
Tangible Book Value Per Share	-0.98	-0.19	1.33	1.88	3.47	2.12
Land	-	-	19.78	48.67	13.73	-
Buildings	-	-	62.99	78.21	113.15	-
Machinery	-	-	177.07	122.47	116.11	-
Construction In Progress	-	-	0.75	1.18	0.93	-
Order Backlog	-	-	48.4	-	-	-