Recrusul S/A Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0	0.25	0.01	0.53	1.56	4.55
Cash & Short-Term Investments	0	0.25	0.01	0.53	1.56	4.55
Cash Growth	-	4860.00%	-99.06%	-65.85%	-65.84%	262.42%
Accounts Receivable	0.3	0.3	1.15	7.42	8.36	5.05
Other Receivables	0.77	0.77	1.32	0.91	3.03	5.82
Receivables	1.07	1.07	2.46	8.33	11.38	10.87
Inventory	9.14	9.14	9.76	14.37	13.06	14.16
Prepaid Expenses	0.24	0.24	0.2	0.65	0.12	0.1
Other Current Assets	0.33	0.33	2.28	4.1	3.32	4.55
Total Current Assets	10.79	11.03	14.71	27.98	29.44	34.22
Property, Plant & Equipment	12.42	12.34	13.22	11.51	10.48	5.13
Long-Term Investments	-	5.58	5.58	5.58	5.58	3.15
Other Intangible Assets	0.12	0.12	2.39	3.97	3.95	3.9
Long-Term Deferred Tax Assets	1.08	-	-	-	-	0.43
Other Long-Term Assets	9.18	3.59	10.97	11.59	8.71	19.38
Total Assets	33.59	32.67	46.87	60.63	58.16	66.21
Accounts Payable	2.33	1.18	2.44	3.07	2.6	1.34
Accrued Expenses	5.05	4.79	17.98	16.92	14.61	18.03
Short-Term Debt	-	-	-	-	-	0.04
Current Income Taxes Payable	0.95	-	-	-	0.72	2.5
Current Unearned Revenue	0.4	0.4	1.15	0.7	-	-
Other Current Liabilities	0.09	11.26	1.57	0.14	4.45	7.84
Total Current Liabilities	8.82	17.63	23.14	20.83	22.38	29.76
Long-Term Debt	11.26	9.7	5.22	1.61	2.68	-
Other Long-Term Liabilities	27.42	28.28	35.99	37.72	38.77	77.63
Total Liabilities	47.5	55.61	64.34	60.15	63.83	107.39
Common Stock	300.53	288.82	277.33	275.47	264.29	216
Retained Earnings	-314.75	-312.04	-295.07	-275.54	-270.36	-257.52
Comprehensive Income & Other	0.54	0.54	0.54	0.54	0.54	0.54
Total Common Equity	-13.69	-22.67	-17.2	0.48	-5.53	-40.98
Minority Interest	-0.22	-0.27	-0.27	-0	-0.15	-0.21
Shareholders' Equity	-13.9	-22.94	-17.48	0.47	-5.68	-41.19
Total Liabilities & Equity	33.59	32.67	46.87	60.63	58.16	66.21
Total Debt	11.26	9.7	5.22	1.61	2.68	0.04
Net Cash (Debt)	-11.25	-9.45	-5.22	-1.08	-1.13	4.51
Net Cash Growth	-	-	-	-	-	321.87%
Net Cash Per Share	-0.09	-0.07	-0.04	-0.01	-0.06	0.24
Filing Date Shares Outstanding	127.29	127.29	127.29	127.29	18.96	18.96
Total Common Shares Outstanding	127.29	127.29	127.29	127.29	18.96	18.96
Working Capital	1.97	-6.6	-8.43	7.15	7.05	4.47
Book Value Per Share	-0.11	-0.18	-0.14	0.00	-0.29	-2.16
Tangible Book Value	-13.81	-22.8	-19.6	-3.49	-9.48	-44.87
Tangible Book Value Per Share	-0.11	-0.18	-0.15	-0.03	-0.50	-2.37
Machinery	12.34	12.34	8.84	7.28	5.84	-
Construction In Progress	-	-	4.55	4.55	4.55	-