International Meal Company Alimentação S.A. (BVMF:MEAL3)

Brazil · Delayed Price · Currency is BRL

0.7600

+0.0400 (5.56%)

Oct 30, 2026, 5:03 PM GMT-3

BVMF:MEAL3 Financials Overview

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

Millions BRL. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Revenue	1,656	1,730	1,811	2,226	2,092	1,743
Revenue Growth	-6.53%	-4.48%	-18.67%	6.44%	19.97%	51.14%
Gross Profit	553.46	574.79	590.91	770.6	635.22	521.06
Operating Income	61.6	48.71	25.4	46.39	42.63	-2.5
Net Income	-164.72	-148.97	-76.28	-82	72.67	-80.45
Earnings Per Share	-0.57	-0.52	-0.27	-0.29	0.25	-0.28
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
National Brands - Brazil	1,061	1,073	1,070	-	-	-
International Brands - United States	595.17	656.37	740.97	820.32	793.08	676.49
Total	1,656	1,730	1,811	2,226	2,092	1,743

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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 & Investments	209.51	171.19	217.8	234.11	373.84	461.28
Total Debt	848.31	983.76	1,267	1,180	1,301	1,350
Net Cash (Debt)	-638.8	-812.57	-1,049	-945.86	-926.67	-888.79
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.23	-2.84	-3.68	-3.31	-3.25	-3.11

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Operating Cash Flow	78.75	69.68	66.63	105.63	-73.04	125.3
Capital Expenditures	-40.42	-67.64	-79.01	-130.22	-107.83	-182.47
Free Cash Flow	38.33	2.04	-12.38	-24.58	-180.86	-57.17
Free Cash Flow Growth	-62.39%	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Gross Margin	33.41%	33.23%	32.63%	34.61%	30.37%	29.89%
Operating Margin	3.72%	2.82%	1.40%	2.08%	2.04%	-0.14%
Pretax Margin	-8.54%	-4.92%	-3.46%	-2.56%	5.76%	-6.02%
Profit Margin	-9.94%	-8.61%	-4.21%	-3.68%	3.47%	-4.61%
FCF Margin	2.31%	0.12%	-0.68%	-1.10%	-8.65%	-3.28%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 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
PE Ratio	-	-	-	-	11.00	-
Forward PE	-	16.17	16.17	16.17	16.17	16.17
P/FCF Ratio	5.68	178.65	-	-	-	-
PS Ratio	0.13	0.21	0.15	0.25	0.38	0.40