BVMF:MILS3 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	1,838	1,575	1,378	1,092	738.12
Revenue Growth (YoY)	16.66%	14.35%	26.16%	47.96%	45.77%
Cost of Revenue	684.8	604.22	502.22	397.02	335.13
Gross Profit	1,153	971.19	875.53	695.08	402.99
Selling, General & Admin	530.5	356.25	319.43	355.4	246.53
Other Operating Expenses	-	-9.04	-6.25	-8.87	-2.96
Operating Expenses	530.5	461.91	404.87	372.85	256.24
Operating Income	622.5	509.28	470.67	322.23	146.75
Interest Expense	-360.9	-184.17	-148.12	-	-32.5
Interest & Investment Income	155.2	82.62	81.5	-	26.93
Currency Exchange Gain (Loss)	-	-46.65	-8.68	-	-
Other Non Operating Income (Expenses)	-	26.2	-1.87	-11.9	-
EBT Excluding Unusual Items	416.8	387.28	393.5	310.33	141.19
Gain (Loss) on Sale of Assets	-	-0.55	-	-	-
Asset Writedown	-	-0.64	-1.44	-	-
Pretax Income	416.8	386.09	392.06	310.33	141.19
Income Tax Expense	115.6	100.9	113.84	93.88	38.88
Earnings From Continuing Operations	301.2	285.19	278.21	216.45	102.31
Minority Interest in Earnings	-	-0.3	-0.28	0.06	0.18
Net Income	301.2	284.89	277.93	216.51	102.49
Net Income to Common	301.2	284.89	277.93	216.51	102.49
Net Income Growth	5.73%	2.50%	28.37%	111.26%	-
Shares Outstanding (Basic)	233	235	241	208	209
Shares Outstanding (Diluted)	233	240	246	208	209
Shares Change (YoY)	-2.61%	-2.34%	17.93%	-0.46%	-11.88%
EPS (Basic)	1.29	1.21	1.15	1.04	0.49
EPS (Diluted)	1.29	1.19	1.13	1.04	0.49
EPS Growth	8.56%	4.96%	8.85%	112.24%	-
Free Cash Flow	-	-99.33	-168.97	83.24	98.17
Free Cash Flow Per Share	-	-0.41	-0.69	0.40	0.47
Dividend Per Share	-	0.479	0.293	0.209	0.240
Dividend Growth	-	63.36%	40.22%	-12.95%	-
Gross Margin	62.74%	61.65%	63.55%	63.65%	54.60%
Operating Margin	33.87%	32.33%	34.16%	29.51%	19.88%
Profit Margin	16.39%	18.08%	20.17%	19.82%	13.88%
Free Cash Flow Margin	-	-6.30%	-12.26%	7.62%	13.30%
EBITDA	831.23	696.18	650.88	489.85	291.59
EBITDA Margin	45.23%	44.19%	47.24%	44.85%	39.51%
D&A For EBITDA	208.73	186.9	180.22	167.61	144.84
EBIT	622.5	509.28	470.67	322.23	146.75
EBIT Margin	33.87%	32.33%	34.16%	29.51%	19.88%
Effective Tax Rate	27.73%	26.13%	29.04%	30.25%	27.54%

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