Paranapanema 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	562.44	459.93	972.82	2,006	4,715
Revenue Growth (YoY)	22.29%	-52.72%	-51.50%	-57.45%	9.82%
Cost of Revenue	795.62	623.53	1,331	2,504	4,984
Gross Profit	-233.19	-163.6	-357.89	-498.17	-269.51
Selling, General & Admin	91.52	82.2	92.45	84.02	84.21
Other Operating Expenses	2.52	83.49	262.33	496.67	-32.84
Operating Expenses	94.04	165.69	354.78	580.69	51.38
Operating Income	-327.23	-329.29	-712.67	-1,079	-320.89
Interest Expense	-1,178	-1,034	-756.28	-356.84	-222.27
Interest & Investment Income	7.34	22	43.88	41.51	20.92
Currency Exchange Gain (Loss)	317.19	-621.04	175.6	-720.3	-178.24
Other Non Operating Income (Expenses)	130.31	-81.2	-83.24	-278.51	-84.07
EBT Excluding Unusual Items	-1,050	-2,043	-1,333	-2,393	-784.55
Asset Writedown	-246.98	-0.1	-5.13	-1.92	-8.14
Legal Settlements	-22.18	-99.03	-39.48	-332.92	-13.25
Other Unusual Items	-2.97	-10.94	-	-	14.47
Pretax Income	-1,322	-2,153	-1,377	-2,728	-791.47
Income Tax Expense	9.25	-14.61	12.62	-26.74	9.64
Net Income	-1,331	-2,139	-1,390	-2,701	-801.11
Net Income to Common	-1,331	-2,139	-1,390	-2,701	-801.11
Shares Outstanding (Basic)	98	53	43	43	41
Shares Outstanding (Diluted)	98	53	43	43	41
Shares Change (YoY)	85.45%	21.90%	-	6.63%	-
EPS (Basic)	-13.57	-40.42	-32.02	-62.23	-19.68
EPS (Diluted)	-13.57	-40.42	-32.02	-62.23	-19.68
Free Cash Flow	44.23	60.03	-143.75	128.58	-58.65
Free Cash Flow Per Share	0.45	1.14	-3.31	2.96	-1.44
Gross Margin	-41.46%	-35.57%	-36.79%	-24.83%	-5.72%
Operating Margin	-58.18%	-71.60%	-73.26%	-53.78%	-6.81%
Profit Margin	-236.74%	-464.99%	-142.88%	-134.65%	-16.99%
Free Cash Flow Margin	7.86%	13.05%	-14.78%	6.41%	-1.24%
EBITDA	-248.17	-242.67	-614.48	-975.85	-179.69
EBITDA Margin	-44.12%	-52.76%	-63.16%	-48.65%	-3.81%
D&A For EBITDA	79.06	86.63	98.19	103.01	141.2
EBIT	-327.23	-329.29	-712.67	-1,079	-320.89
EBIT Margin	-58.18%	-71.60%	-73.26%	-53.78%	-6.81%

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