BVMF:ORVR3 Balance Sheet

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
Cash & Equivalents	851.33	493.3	289.43	168.88	2.92
Short-Term Investments	71.04	108.52	33.61	71.92	398.46
Cash & Short-Term Investments	922.37	601.82	323.03	240.8	401.38
Cash Growth	53.26%	86.30%	34.15%	-40.01%	2324.49%
Accounts Receivable	281.69	194.29	184.17	258.9	163.36
Other Receivables	11.53	15.06	30.04	13.91	7.14
Receivables	293.22	209.35	214.21	272.8	170.5
Other Current Assets	129.66	100.57	55.39	66.61	31.28
Total Current Assets	1,345	911.75	592.64	580.21	603.15
Property, Plant & Equipment	2,169	1,655	961.44	827.74	394.6
Long-Term Investments	117.46	155.2	98.96	44.08	4.42
Goodwill	46.03	46.03	-	-	-
Other Intangible Assets	444.97	404.84	465.87	525.52	90.84
Long-Term Accounts Receivable	37.69	59.98	48.57	14.66	14.66
Long-Term Deferred Tax Assets	82.33	79.97	76.29	53.09	69.56
Other Long-Term Assets	51.54	21.46	18.59	27.99	28.83
Total Assets	4,294	3,334	2,262	2,073	1,206
Accounts Payable	146.76	112.55	77.93	78.77	57.28
Accrued Expenses	83.13	91.57	81.38	91.43	20.27
Current Portion of Long-Term Debt	178.48	140.96	45.58	37.62	16.84
Current Portion of Leases	49.24	45.32	29.06	15.21	9.53
Current Income Taxes Payable	6.02	7.54	-	-	31.31
Current Unearned Revenue	15.96	12.5	14.82	11.68	12.64
Other Current Liabilities	89.87	12.66	9.67	88.19	41.21
Total Current Liabilities	569.47	423.09	258.43	322.88	189.09
Long-Term Debt	1,944	1,726	1,080	977.54	539.43
Long-Term Leases	54.83	62.38	23.33	40.8	11.43
Other Long-Term Liabilities	174.07	248.51	156.19	150.61	96.7
Total Liabilities	2,742	2,460	1,518	1,492	836.65
Common Stock	1,191	1,091	1,091	844.32	844.32
Retained Earnings	-727.7	-787.85	-848.74	-888.86	-739.85
Comprehensive Income & Other	978.68	474.88	463.62	595.03	251.18
Total Common Equity	1,442	778.16	706.01	550.49	355.65
Minority Interest	109.54	95.72	38.59	30.98	13.77
Shareholders' Equity	1,552	873.87	744.59	581.47	369.41
Total Liabilities & Equity	4,294	3,334	2,262	2,073	1,206
Total Debt	2,226	1,975	1,178	1,071	577.23
Net Cash (Debt)	-1,304	-1,373	-854.74	-830.37	-175.86
Net Cash Per Share	-13.57	-16.55	-10.23	-11.59	-2.47
Filing Date Shares Outstanding	96.13	82.95	82.95	80.27	71.5
Total Common Shares Outstanding	96.13	82.95	82.95	71.5	71.5
Working Capital	775.77	488.66	334.21	257.33	414.06
Book Value Per Share	15.00	9.38	8.51	7.70	4.97
Tangible Book Value	951.1	327.29	240.14	24.97	264.81
Tangible Book Value Per Share	9.89	3.95	2.89	0.35	3.70
Land	37.04	38.15	34.27	36.57	20.43
Buildings	0.58	0.58	3.9	4.47	4.58
Machinery	202.76	216.62	122.28	115.24	60.27
Leasehold Improvements	6.54	10.1	10.12	10.12	9.76

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