BVMF:MTRE3 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	1,055	1,179	926.39	758.63	574
Revenue Growth (YoY)	-10.56%	27.32%	22.11%	32.17%	39.57%
Cost of Revenue	783.12	898.45	742.28	537.19	378.27
Gross Profit	271.8	280.98	184.12	221.43	195.73
Selling, General & Admin	188.78	192.6	141.8	173.01	149.41
Other Operating Expenses	10.21	8.37	0.93	1.88	6.07
Operating Expenses	198.99	200.97	142.73	174.89	155.48
Operating Income	72.82	80.02	41.39	46.54	40.25
Interest Expense	-2.21	-10.13	-17.42	-0.28	-25.58
Interest & Investment Income	14.29	21.43	18.69	30.18	24.02
Earnings From Equity Investments	5.8	6.15	-0.54	-1.01	0.23
Other Non Operating Income (Expenses)	0.39	-1.17	10.29	-24.06	-
EBT Excluding Unusual Items	91.08	96.3	52.41	51.38	38.91
Gain (Loss) on Sale of Investments	22.67	0.55	65.28	4.35	-
Gain (Loss) on Sale of Assets	-	-	-0.65	-	-
Asset Writedown	-6.93	-2.68	-0.11	-0.01	-
Legal Settlements	-4.24	1.61	-1.13	-0.56	-
Pretax Income	102.58	95.77	115.79	55.16	38.91
Income Tax Expense	24.46	26.15	20.9	17.94	11.53
Earnings From Continuing Operations	78.12	69.62	94.9	37.22	27.38
Minority Interest in Earnings	-24.37	-20.44	-4.51	-2.39	-3.06
Net Income	53.75	49.19	90.38	34.83	24.32
Net Income to Common	53.75	49.19	90.38	34.83	24.32
Net Income Growth	9.27%	-45.58%	159.50%	43.21%	-49.66%
Shares Outstanding (Basic)	106	106	106	106	106
Shares Outstanding (Diluted)	106	106	106	106	106
Shares Change (YoY)	-	-	-	-0.00%	5.38%
EPS (Basic)	0.51	0.47	0.85	0.33	0.23
EPS (Diluted)	0.51	0.47	0.85	0.33	0.23
EPS Growth	9.27%	-45.58%	159.50%	43.21%	-52.23%
Free Cash Flow	35.24	-29.05	-75.33	-346.42	-513.98
Free Cash Flow Per Share	0.33	-0.28	-0.71	-3.27	-4.86
Dividend Per Share	0.483	0.442	0.812	0.313	0.218
Dividend Growth	9.27%	-45.58%	159.50%	43.21%	-49.66%
Gross Margin	25.77%	23.82%	19.88%	29.19%	34.10%
Operating Margin	6.90%	6.78%	4.47%	6.13%	7.01%
Profit Margin	5.10%	4.17%	9.76%	4.59%	4.24%
Free Cash Flow Margin	3.34%	-2.46%	-8.13%	-45.66%	-89.54%
EBITDA	82.2	88.92	49.48	51.89	45.28
EBITDA Margin	7.79%	7.54%	5.34%	6.84%	7.89%
D&A For EBITDA	9.38	8.9	8.09	5.34	5.03
EBIT	72.82	80.02	41.39	46.54	40.25
EBIT Margin	6.90%	6.78%	4.47%	6.13%	7.01%
Effective Tax Rate	23.84%	27.30%	18.05%	32.52%	29.63%
Advertising Expenses	69.56	52.21	35.6	-	-

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