BVMF:PNVL3 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	5,293	4,942	4,461	3,990	3,225	2,819
Revenue Growth (YoY)	9.87%	10.79%	11.79%	23.72%	14.41%	3.47%
Cost of Revenue	3,576	3,364	3,079	2,745	2,231	1,988
Gross Profit	1,718	1,578	1,382	1,245	994.64	831.01
Selling, General & Admin	1,467	1,368	1,210	1,099	907.41	726.33
Other Operating Expenses	13.11	12.91	9.53	8	-15.56	11.29
Operating Expenses	1,480	1,381	1,220	1,107	891.85	737.62
Operating Income	237.17	197.33	161.89	137.84	102.78	93.39
Interest Expense	-122.05	-103.97	-102.57	-70.03	-37.12	-35.31
Interest & Investment Income	33.92	30.99	34.39	18.18	16.63	6.05
Other Non Operating Income (Expenses)	-13.18	-9.73	-6.81	-7.01	2.2	-9.6
EBT Excluding Unusual Items	135.86	114.62	86.9	78.99	84.49	54.54
Gain (Loss) on Sale of Assets	-2.39	-4.03	-2.26	-2.07	-2.74	-1.85
Other Unusual Items	1.73	1.97	6.95	1.51	1.49	0.62
Pretax Income	135.21	112.56	91.58	78.43	83.24	53.3
Income Tax Expense	22.38	7.06	-1.32	-7.92	3.81	-2.85
Net Income	112.83	105.51	92.91	86.35	79.43	56.15
Net Income to Common	112.83	105.51	92.91	86.35	79.43	56.15
Net Income Growth	8.96%	13.57%	7.60%	8.71%	41.45%	-26.84%
Shares Outstanding (Basic)	149	149	149	149	150	151
Shares Outstanding (Diluted)	149	150	150	149	150	152
Shares Change (YoY)	-0.07%	0.42%	0.38%	-0.30%	-1.27%	11.84%
EPS (Basic)	0.76	0.71	0.62	0.58	0.53	0.37
EPS (Diluted)	0.75	0.70	0.62	0.58	0.53	0.37
EPS Growth	8.86%	12.90%	6.90%	9.24%	43.27%	-34.59%
Free Cash Flow	285.88	101.73	182.2	56.18	21.13	67.1
Free Cash Flow Per Share	1.92	0.68	1.22	0.38	0.14	0.44
Dividend Per Share	-	-	0.252	-	0.175	0.136
Dividend Growth	-	-	-	-	28.37%	-19.11%
Gross Margin	32.45%	31.94%	30.97%	31.20%	30.84%	29.48%
Operating Margin	4.48%	3.99%	3.63%	3.45%	3.19%	3.31%
Profit Margin	2.13%	2.14%	2.08%	2.16%	2.46%	1.99%
Free Cash Flow Margin	5.40%	2.06%	4.08%	1.41%	0.66%	2.38%
EBITDA	300.92	367.87	362.04	322.41	260.56	211.17
EBITDA Margin	5.68%	7.44%	8.12%	8.08%	8.08%	7.49%
D&A For EBITDA	63.75	170.54	200.15	184.57	157.77	117.78
EBIT	237.17	197.33	161.89	137.84	102.78	93.39
EBIT Margin	4.48%	3.99%	3.63%	3.45%	3.19%	3.31%
Effective Tax Rate	16.55%	6.27%	-	-	4.58%	-
Revenue as Reported	5,293	4,942	4,461	3,990	3,225	-
Advertising Expenses	-	33.16	29.34	26.21	19.88	17.54

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