Nexpe Participações Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	85.96	-48.49	-50.57	-151.74	-72.94	-178.13
Depreciation & Amortization	-1.13	3.86	6.05	12.97	8.99	11.38
Other Amortization	5.89	4.88	5.38	-	5.46	1.51
Asset Writedown & Restructuring Costs	-1.13	7.24	7.43	81.44	8.79	121.42
Loss (Gain) From Sale of Investments	-	-	-	-	-	0.09
Loss (Gain) on Equity Investments	0.19	0.19	-	-	-0.69	-
Stock-Based Compensation	-	-	-	0.28	4.42	0.04
Provision & Write-off of Bad Debts	-1.47	-1.21	0.81	-0.76	-0.92	2.48
Other Operating Activities	-93.43	24.59	-2.24	-7.5	34.15	-12.17
Change in Accounts Receivable	0.02	2.01	1.16	2.56	2.36	7.44
Change in Inventory	0.06	-0.29	-0.2	0.19	0.03	0.25
Change in Accounts Payable	2.4	0.38	-0.87	0.14	3.65	6.55
Change in Unearned Revenue	-0.12	0.14	0.07	-0.19	-0.53	-
Change in Income Taxes	21.91	23.5	0.19	-4.22	10	3.17
Change in Other Net Operating Assets	-21.5	-8.78	0.56	-39	-25.98	25.64
Operating Cash Flow	-2.35	8.01	-32.22	-105.83	-23.21	-17.62
Capital Expenditures	-0.55	-1.12	-0.13	-3.92	-1.11	-2.17
Sale (Purchase) of Intangibles	-0.51	-2.57	-8.15	33.24	-7.21	-5.35
Sale (Purchase) of Real Estate	12.69	-	-	0.21	0.5	-0.34
Investment in Securities	-4.94	-4.95	-	-46.56	38.33	43.26
Other Investing Activities	-7.61	-8.28	5.06	-	0.11	-0.02
Investing Cash Flow	-0.92	-16.93	-3.22	-17.02	30.63	35.39
Long-Term Debt Issued	-	7.36	44.9	68	-	-
Long-Term Debt Repaid	-	-	-3.47	-4.81	-4.98	-4.75
Net Debt Issued (Repaid)	-3.54	7.36	41.44	63.19	-4.98	-4.75
Issuance of Common Stock	-	-	-	54.79	-	-
Other Financing Activities	-	-	-8.43	2.42	1.43	-12.23
Financing Cash Flow	-3.54	7.36	33.01	120.4	-3.56	-16.98
Net Cash Flow	-6.82	-1.56	-2.44	-2.45	3.86	0.79
Free Cash Flow	-2.9	6.89	-32.35	-109.74	-24.32	-19.79
Free Cash Flow Margin	-11.87%	6.02%	-28.04%	-91.28%	-16.97%	-19.47%
Free Cash Flow Per Share	-1.10	2.60	-12.24	-96.93	-0.56	-27.88
Cash Interest Paid	0.05	0.19	0.49	0.67	0.81	-
Levered Free Cash Flow	39.02	-0.58	-37.68	-39.48	-6.85	4.26
Unlevered Free Cash Flow	58.53	12.92	-29.2	-39.48	-12.31	6.29
Change in Working Capital	2.77	16.95	0.91	-40.52	-10.46	43.04

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.