BVMF:MRVE3 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	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 & Equivalents	438.29	255.86	414.56	406.77	733.75	947.93
Short-Term Investments	2,913	2,593	3,325	2,331	1,784	1,493
Trading Asset Securities	-	7.57	-	86.11	-	22.37
Cash & Short-Term Investments	3,351	2,857	3,739	2,824	2,518	2,463
Cash Growth	31.37%	-23.60%	32.43%	12.13%	2.24%	-8.11%
Accounts Receivable	4,497	4,203	3,482	2,851	2,642	2,275
Other Receivables	260.95	262.52	193.2	137.82	109.81	112.66
Receivables	4,758	4,466	3,675	2,988	2,752	2,388
Inventory	5,982	5,436	4,923	4,588	4,584	4,319
Prepaid Expenses	171.75	166.31	178.86	146.03	102.5	87.74
Other Current Assets	1,901	2,526	1,178	1,115	346.83	324.19
Total Current Assets	16,164	15,452	13,695	11,662	10,303	9,582
Property, Plant & Equipment	1,247	1,281	1,245	979.16	778.39	611.61
Long-Term Investments	928.38	1,010	745.21	863.48	598.14	527.94
Other Intangible Assets	275.55	228.78	181.88	180.01	181.08	177.34
Long-Term Accounts Receivable	3,699	3,644	3,221	2,434	1,523	1,641
Long-Term Deferred Tax Assets	188.07	188.07	188.07	206.79	-	-
Other Long-Term Assets	5,786	6,687	10,120	8,713	9,192	7,658
Total Assets	28,350	28,529	29,431	25,072	22,601	20,225
Accounts Payable	938.04	865.42	851.6	724.18	895.09	716.43
Accrued Expenses	554.78	506.72	452.87	396.99	333.79	285.34
Current Portion of Long-Term Debt	1,755	1,262	3,224	1,366	1,361	859.82
Current Income Taxes Payable	40.72	26.14	15.52	30.08	46	34.44
Current Unearned Revenue	637.45	563.84	269.38	290.17	230.77	227.88
Other Current Liabilities	4,488	4,296	3,246	2,753	2,112	1,844
Total Current Liabilities	8,547	7,626	8,142	5,626	5,064	4,047
Long-Term Debt	7,011	7,397	6,751	6,525	6,444	4,474
Long-Term Leases	-	-	90.22	92.51	78.43	78.62
Long-Term Unearned Revenue	257.75	252.13	158.31	158.46	253.54	328.85
Long-Term Deferred Tax Liabilities	140.22	133.14	96.71	96.87	92.23	176.51
Other Long-Term Liabilities	7,192	6,966	6,722	5,008	4,095	4,521
Total Liabilities	23,148	22,374	21,960	17,507	16,027	13,625
Common Stock	5,621	5,621	5,621	5,617	4,615	4,615
Retained Earnings	-1,145	-403.94	565.63	1,104	1,148	1,359
Treasury Stock	-0.39	-0.39	-0.39	-0.39	-0.39	-0.39
Comprehensive Income & Other	102.87	111.19	246.4	24.79	64.04	145.95
Total Common Equity	4,578	5,328	6,433	6,745	5,827	6,120
Minority Interest	623.52	827.39	1,038	819.29	746.87	479.99
Shareholders' Equity	5,202	6,155	7,470	7,565	6,574	6,599
Total Liabilities & Equity	28,350	28,529	29,431	25,072	22,601	20,225
Total Debt	8,766	8,659	10,065	7,983	7,884	5,412
Net Cash (Debt)	-4,851	-5,126	-5,936	-5,159	-5,365	-2,640
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.62	-9.11	-10.55	-9.91	-11.10	-5.44
Filing Date Shares Outstanding	562.84	562.83	562.83	561.97	483.23	483.23
Total Common Shares Outstanding	562.84	562.83	562.83	561.97	483.23	482.87
Working Capital	7,617	7,826	5,553	6,036	5,240	5,535
Book Value Per Share	8.13	9.47	11.43	12.00	12.06	12.67
Tangible Book Value	4,302	5,099	6,251	6,565	5,646	5,942
Tangible Book Value Per Share	7.64	9.06	11.11	11.68	11.68	12.31
Buildings	51.13	61.69	61.6	57.4	54.59	55.12
Machinery	1,437	1,395	1,170	965.76	848.11	606.68
Construction In Progress	31.7	19.21	21.56	10.24	18.19	16.63