BVMF:SAPR3 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	7,206	6,848	6,293	5,674	5,204
Revenue Growth (YoY)	5.22%	8.83%	10.91%	9.02%	8.43%
Cost of Revenue	3,151	2,890	2,515	2,383	2,120
Gross Profit	4,055	3,958	3,778	3,290	3,084
Selling, General & Admin	2,288	1,802	1,225	1,323	1,106
Other Operating Expenses	13.87	9.52	10.66	87.68	3.36
Operating Expenses	2,302	1,812	1,236	1,411	1,110
Operating Income	1,753	2,146	2,542	1,880	1,975
Interest Expense	-598.31	-509.34	-432.27	-396.18	-277.24
Interest & Investment Income	460.19	199.29	176.88	167.83	50.12
Earnings From Equity Investments	-	-	-5.26	-3.3	-2.96
Currency Exchange Gain (Loss)	-1.6	-26.22	0.28	1.09	0.17
Other Non Operating Income (Expenses)	-1,188	41.81	-67.86	-15.73	-48.22
EBT Excluding Unusual Items	425.87	1,852	2,214	1,633	1,697
Gain (Loss) on Sale of Investments	-0.13	-0.1	0.29	-0.04	-0.23
Gain (Loss) on Sale of Assets	15.77	5.88	2.49	-	-
Asset Writedown	-12.62	-14.79	-3.06	-14.24	-11.47
Legal Settlements	1,874	239.58	-189.1	-73.38	-70.95
Other Unusual Items	-	-	-	-0.09	-10.34
Pretax Income	2,303	2,082	2,024	1,546	1,604
Income Tax Expense	223.09	536.82	520.96	394.01	425.94
Net Income	2,080	1,545	1,503	1,152	1,178
Net Income to Common	2,080	1,545	1,503	1,152	1,178
Net Income Growth	34.57%	2.79%	30.55%	-2.22%	18.20%
Shares Outstanding (Basic)	302	302	302	302	302
Shares Outstanding (Diluted)	302	302	302	302	302
EPS (Basic)	6.88	5.11	4.97	3.81	3.90
EPS (Diluted)	6.88	5.11	4.97	3.81	3.90
EPS Growth	34.57%	2.79%	30.55%	-2.22%	18.20%
Free Cash Flow	4,445	866.11	456.16	247.11	381.37
Free Cash Flow Per Share	14.71	2.87	1.51	0.82	1.26
Dividend Per Share	1.961	1.551	1.515	-	-
Dividend Growth	26.44%	2.32%	-	-	-
Gross Margin	56.27%	57.79%	60.04%	57.99%	59.27%
Operating Margin	24.33%	31.34%	40.39%	33.13%	37.94%
Profit Margin	28.86%	22.57%	23.89%	20.30%	22.63%
Free Cash Flow Margin	61.69%	12.65%	7.25%	4.35%	7.33%
EBITDA	2,264	2,706	3,022	2,313	2,369
EBITDA Margin	31.43%	39.51%	48.02%	40.77%	45.52%
D&A For EBITDA	511.28	559.95	480.11	433.42	394.47
EBIT	1,753	2,146	2,542	1,880	1,975
EBIT Margin	24.33%	31.34%	40.39%	33.13%	37.94%
Effective Tax Rate	9.69%	25.78%	25.74%	25.49%	26.56%

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