Magazine Luiza Income Statement

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
Revenue	38,703	38,038	36,768	37,299	35,278
Revenue Growth (YoY)	1.75%	3.45%	-1.42%	5.73%	20.91%
Cost of Revenue	27,149	26,411	26,604	26,860	26,791
Gross Profit	11,555	11,627	10,164	10,439	8,487
Selling, General & Admin	8,768	8,505	8,337	8,111	7,406
Other Operating Expenses	-144.88	-144.5	680.13	19.05	-
Operating Expenses	10,364	10,147	10,646	9,534	8,377
Operating Income	1,191	1,480	-482.36	905.26	109.51
Interest Expense	-1,296	-1,045	-1,368	-1,288	-420.42
Interest & Investment Income	409.4	357.36	328.31	285.77	115.66
Earnings From Equity Investments	127.27	148.46	-19.01	-35.74	99.33
Other Non Operating Income (Expenses)	-1,158	-787.48	-652.39	-1,038	-384.24
EBT Excluding Unusual Items	-726.23	153.88	-2,194	-1,172	-480.17
Merger & Restructuring Charges	-48.33	-3.43	-327.6	-30.43	-170.67
Gain (Loss) on Sale of Investments	-	-	201.92	-	-
Gain (Loss) on Sale of Assets	3.74	1.23	-	-	0.96
Asset Writedown	-	-	-20.51	-0.7	-
Legal Settlements	690.7	-162.93	-363.01	-34.66	420.82
Other Unusual Items	-45.38	98.64	638.42	-32.1	10.65
Pretax Income	-125.5	87.38	-2,064	-1,269	-218.41
Income Tax Expense	-330.1	-361.33	-1,085	-770.42	-809.07
Net Income	204.6	448.72	-979.1	-498.98	590.66
Net Income to Common	204.6	448.72	-979.1	-498.98	590.66
Net Income Growth	-54.40%	-	-	-	50.79%
Shares Outstanding (Basic)	775	773	703	701	700
Shares Outstanding (Diluted)	779	777	703	701	707
Shares Change (YoY)	0.31%	10.58%	0.22%	-0.87%	2.80%
EPS (Basic)	0.26	0.58	-1.39	-0.71	0.84
EPS (Diluted)	0.26	0.58	-1.39	-0.71	0.84
EPS Growth	-54.53%	-	-	-	46.67%
Free Cash Flow	15,389	15,569	15,735	2,799	-8,434
Free Cash Flow Per Share	19.75	20.04	22.39	3.99	-11.93
Dividend Per Share	-	0.291	-	-	0.148
Dividend Growth	-	-	-	-	-62.92%
Gross Margin	29.85%	30.57%	27.64%	27.99%	24.06%
Operating Margin	3.08%	3.89%	-1.31%	2.43%	0.31%
Profit Margin	0.53%	1.18%	-2.66%	-1.34%	1.67%
Free Cash Flow Margin	39.76%	40.93%	42.80%	7.50%	-23.91%
EBITDA	1,503	1,855	-178.15	1,215	332.54
EBITDA Margin	3.88%	4.88%	-0.48%	3.26%	0.94%
D&A For EBITDA	311.98	374.6	304.21	310.15	223.02
EBIT	1,191	1,480	-482.36	905.26	109.51
EBIT Margin	3.08%	3.89%	-1.31%	2.43%	0.31%

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