Petroreconcavo 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	3,297	3,265	2,814	2,976	1,041	787.84
Revenue Growth (YoY)	6.00%	16.00%	-5.43%	185.98%	32.08%	131.77%
Cost of Revenue	2,176	2,073	1,917	1,534	667.85	510.6
Gross Profit	1,120	1,192	897.7	1,442	372.75	277.24
Selling, General & Admin	240.29	208.72	214.07	110.38	62.84	47.49
Other Operating Expenses	41.18	34.81	3.82	2.24	25.3	-2.07
Operating Expenses	281.48	243.53	217.88	112.62	88.15	45.42
Operating Income	839	948.22	679.82	1,329	284.61	231.82
Interest Expense	-268.9	-174.27	-92.77	-114.29	-	-99.29
Interest & Investment Income	48.12	50.55	65.95	180.69	-	0.79
Currency Exchange Gain (Loss)	-380.82	-394.52	91.89	-	-	-233.08
Other Non Operating Income (Expenses)	459.77	-66.57	-16.06	-	-50.99	-5.72
EBT Excluding Unusual Items	697.18	363.41	728.83	1,395	233.62	-105.48
Asset Writedown	-	-	-	-70.71	-	-
Pretax Income	697.18	363.41	728.83	1,325	233.62	-105.48
Income Tax Expense	77.13	-74.09	19.89	171.21	56.72	-23.72
Net Income	620.05	437.5	708.94	1,153	176.9	-81.76
Net Income to Common	620.05	437.5	708.94	1,153	176.9	-81.76
Net Income Growth	4.78%	-38.29%	-38.53%	552.00%	-	-
Shares Outstanding (Basic)	293	293	293	273	220	84
Shares Outstanding (Diluted)	293	293	293	273	222	84
Shares Change (YoY)	-0.08%	-0.01%	7.22%	23.45%	162.54%	56.83%
EPS (Basic)	2.12	1.49	2.42	4.23	0.80	-0.98
EPS (Diluted)	2.12	1.49	2.42	4.22	0.80	-0.98
EPS Growth	4.96%	-38.29%	-42.67%	428.14%	-	-
Free Cash Flow	28.83	1,034	25.36	278.53	-193.38	228.54
Free Cash Flow Per Share	0.10	3.53	0.09	1.02	-0.87	2.71
Dividend Per Share	2.193	2.692	-	1.059	0.163	-
Dividend Growth	56.79%	-	-	548.57%	-	-
Gross Margin	33.99%	36.51%	31.90%	48.44%	35.82%	35.19%
Operating Margin	25.45%	29.05%	24.15%	44.66%	27.35%	29.43%
Profit Margin	18.81%	13.40%	25.19%	38.76%	17.00%	-10.38%
Free Cash Flow Margin	0.88%	31.66%	0.90%	9.36%	-18.58%	29.01%
EBITDA	1,564	1,658	1,289	1,691	554.36	453.63
EBITDA Margin	47.42%	50.80%	45.80%	56.82%	53.27%	57.58%
D&A For EBITDA	724.5	710.24	609.13	362.02	269.75	221.81
EBIT	839	948.22	679.82	1,329	284.61	231.82
EBIT Margin	25.45%	29.05%	24.15%	44.66%	27.35%	29.43%
Effective Tax Rate	11.06%	-	2.73%	12.93%	24.28%	-

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