Raízen S.A. (BVMF: RAIZ4)

Raízen Income Statement

Financials in millions BRL. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	242,846	220,454	245,832	191,270	89,415	100,941
Revenue Growth (YoY)	8.60%	-10.32%	28.53%	113.91%	-11.42%	13.48%
Cost of Revenue	227,498	204,731	230,564	179,571	85,084	96,102
Gross Profit	15,347	15,724	15,268	11,699	4,331	4,840
Selling, General & Admin	9,269	8,992	7,789	5,988	2,817	2,865
Other Operating Expenses	-2,236	-1,338	-425.87	-562.1	-479.07	-625.52
Operating Expenses	7,033	7,654	7,363	5,426	2,338	2,239
Operating Income	8,314	8,070	7,905	6,273	1,993	2,600
Interest Expense	-5,597	-5,339	-3,782	-1,809	-409.32	-535.19
Interest & Investment Income	959.33	817.48	784.2	571.71	307.95	310.24
Earnings From Equity Investments	-240.47	-252.43	-130.09	-63.05	-9.78	5.42
Currency Exchange Gain (Loss)	-1,394	340.27	-672.47	1,856	-1,203	-3,411
Other Non Operating Income (Expenses)	-368.08	-2,133	-1,153	-2,587	935.57	2,934
EBT Excluding Unusual Items	1,673	1,503	2,952	4,242	1,615	1,903
Gain (Loss) on Sale of Assets	71.75	57.85	26.56	-18.38	67.7	6.46
Asset Writedown	-100.44	-110.93	18.45	-21.47	2.82	108.34
Legal Settlements	-	-	-	-	-180.01	-
Other Unusual Items	236.5	162.59	266.59	-	-	1,073
Pretax Income	1,881	1,612	3,264	4,202	1,505	3,091
Income Tax Expense	1,059	997.96	760.25	952.29	465.98	990.59
Earnings From Continuing Operations	822.22	614.13	2,503	3,250	1,039	2,101
Minority Interest in Earnings	-51.36	-93.42	-62.2	-100.55	-42.86	-44.79
Net Income	770.86	520.72	2,441	3,149	996.49	2,056
Net Income to Common	770.86	520.72	2,441	3,149	996.49	2,056
Net Income Growth	-77.25%	-78.67%	-22.48%	216.01%	-51.53%	24.29%
Shares Outstanding (Basic)	10,328	10,324	10,322	8,699	1,743	1,743
Shares Outstanding (Diluted)	10,353	10,340	10,328	8,709	1,743	1,743
Shares Change (YoY)	0.22%	0.12%	18.60%	399.51%	-	-4.46%
EPS (Basic)	0.07	0.05	0.24	0.36	0.57	1.18
EPS (Diluted)	0.07	0.05	0.24	0.36	0.57	1.18
EPS Growth	-77.30%	-78.69%	-34.64%	-36.74%	-51.53%	30.10%
Free Cash Flow	3,904	9,345	2,399	7,671	2,202	2,695
Free Cash Flow Per Share	0.38	0.90	0.23	0.88	1.26	1.55
Dividend Per Share	0.155	0.191	0.222	0.066	-	-
Dividend Growth	-31.48%	-14.08%	236.82%	-	-	-
Gross Margin	6.32%	7.13%	6.21%	6.12%	4.84%	4.79%
Operating Margin	3.42%	3.66%	3.22%	3.28%	2.23%	2.58%
Profit Margin	0.32%	0.24%	0.99%	1.65%	1.11%	2.04%
Free Cash Flow Margin	1.61%	4.24%	0.98%	4.01%	2.46%	2.67%
EBITDA	15,350	14,625	14,052	10,944	3,157	3,678
EBITDA Margin	6.32%	6.63%	5.72%	5.72%	3.53%	3.64%
D&A For EBITDA	7,036	6,556	6,147	4,670	1,164	1,078
EBIT	8,314	8,070	7,905	6,273	1,993	2,600
EBIT Margin	3.42%	3.66%	3.22%	3.28%	2.23%	2.58%
Effective Tax Rate	56.29%	61.90%	23.30%	22.66%	30.96%	32.04%

Source: S&P Capital IQ. Standard template. Financial Sources.