Panatlântica Income 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
Revenue	2,054	2,110	1,879	2,331	2,668	1,436
Revenue Growth (YoY)	2.33%	12.26%	-19.38%	-12.63%	85.77%	36.72%
Cost of Revenue	1,823	1,849	1,700	2,143	2,189	1,185
Gross Profit	230.88	261.08	179.71	188.22	479.6	251.36
Selling, General & Admin	141.43	145.18	125.13	134.48	130.76	89.73
Other Operating Expenses	1.24	-12.51	-1.14	-49.42	-66.99	-74.36
Operating Expenses	142.68	132.67	123.99	85.06	63.77	15.37
Operating Income	88.2	128.41	55.73	103.16	415.83	235.98
Interest Expense	-71.59	-63.52	-95.27	-127.86	-49.2	-27.01
Interest & Investment Income	57.94	55.11	72.41	112.84	74.55	67.85
Pretax Income	74.48	120	32.86	88.14	441.18	276.82
Income Tax Expense	30.12	35.35	19.44	32.45	147.83	94.33
Net Income	44.36	84.66	13.42	55.69	293.35	182.49
Net Income to Common	44.36	84.66	13.42	55.69	293.35	182.49
Net Income Growth	-43.45%	530.94%	-75.91%	-81.02%	60.74%	923.81%
Shares Outstanding (Basic)	24	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24	24
Shares Change (YoY)	-	-	-0.00%	0.00%	-0.00%	-0.00%
EPS (Basic)	1.85	3.54	0.56	2.33	12.26	7.63
EPS (Diluted)	1.85	3.54	0.56	2.33	12.26	7.63
EPS Growth	-43.45%	530.94%	-75.91%	-81.02%	60.75%	923.82%
Free Cash Flow	196.92	167.25	229.75	261.37	-99.35	125.08
Free Cash Flow Per Share	8.23	6.99	9.60	10.92	-4.15	5.23
Dividend Per Share	-	-	-	0.483	2.911	-
Dividend Growth	-	-	-	-83.41%	-	-
Gross Margin	11.24%	12.38%	9.56%	8.07%	17.97%	17.50%
Operating Margin	4.29%	6.09%	2.96%	4.42%	15.58%	16.43%
Profit Margin	2.16%	4.01%	0.71%	2.39%	10.99%	12.71%
Free Cash Flow Margin	9.59%	7.93%	12.23%	11.21%	-3.72%	8.71%
EBITDA	104.94	143.05	68.9	114.41	425.9	245.76
EBITDA Margin	5.11%	6.78%	3.67%	4.91%	15.96%	17.11%
D&A For EBITDA	16.74	14.64	13.18	11.24	10.07	9.78
EBIT	88.2	128.41	55.73	103.16	415.83	235.98
EBIT Margin	4.29%	6.09%	2.96%	4.42%	15.58%	16.43%
Effective Tax Rate	40.44%	29.45%	59.17%	36.81%	33.51%	34.08%

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