BVMF:SBSP3 Income Statement

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
Revenue	39,631	38,092	36,145	25,572	22,056	19,491
Revenue Growth (YoY)	4.26%	5.38%	41.35%	15.94%	13.16%	9.52%
Selling, General & Admin	1,551	1,669	3,148	2,492	2,230	1,874
Provision for Bad Debts	-21.03	62.07	557.79	652.92	782.06	643.73
Other Operating Expenses	24,969	23,771	16,965	16,154	14,423	12,898
Total Operating Expenses	26,498	25,502	20,670	19,299	17,435	15,416
Operating Income	13,133	12,590	15,475	6,273	4,621	4,076
Interest Expense	-4,058	-3,457	-1,793	-1,411	-1,218	-734.86
Interest Income	2,219	1,803	817.06	370.64	612.4	296.5
Net Interest Expense	-1,840	-1,654	-976.24	-1,040	-605.58	-438.36
Income (Loss) on Equity Investments	45.12	48.15	35.32	32.39	24.55	22.08
Currency Exchange Gain (Loss)	-347.43	-123.89	-210.5	310.72	492.32	48.46
Other Non-Operating Income (Expenses)	856.26	880.02	-680.92	-822.05	-259.16	-537.53
EBT Excluding Unusual Items	11,847	11,740	13,643	4,754	4,273	3,170
Asset Writedown	-38.26	-38.26	-	-	-	-
Pretax Income	11,808	11,702	13,643	4,754	4,273	3,170
Income Tax Expense	3,079	3,240	4,063	1,230	1,151	864.29
Net Income	8,729	8,462	9,580	3,524	3,121	2,306
Net Income to Common	8,729	8,462	9,580	3,524	3,121	2,306
Net Income Growth	-14.74%	-11.67%	171.87%	12.89%	35.36%	136.91%
Shares Outstanding (Basic)	3,553	3,527	3,525	3,525	3,525	3,525
Shares Outstanding (Diluted)	3,555	3,528	3,525	3,525	3,525	3,525
Shares Change (YoY)	1.63%	0.11%	-	-	-	-
EPS (Basic)	2.46	2.40	2.72	1.00	0.89	0.65
EPS (Diluted)	2.46	2.40	2.72	1.00	0.89	0.65
EPS Growth	-16.02%	-11.74%	171.87%	12.89%	35.36%	136.91%
Free Cash Flow	-9,225	-5,379	-626.11	4,707	3,894	3,863
Free Cash Flow Per Share	-2.60	-1.52	-0.18	1.34	1.10	1.10
Dividend Per Share	0.664	0.664	0.665	0.279	0.247	0.183
Dividend Growth	-0.18%	-0.18%	138.06%	12.85%	35.39%	136.79%
Profit Margin	22.03%	22.21%	26.50%	13.78%	14.15%	11.83%
Free Cash Flow Margin	-23.28%	-14.12%	-1.73%	18.41%	17.66%	19.82%
EBITDA	15,196	14,535	17,930	8,865	6,881	6,156
EBITDA Margin	38.34%	38.16%	49.60%	34.67%	31.20%	31.58%
D&A For EBITDA	2,063	1,945	2,455	2,592	2,261	2,081
EBIT	13,133	12,590	15,475	6,273	4,621	4,076
EBIT Margin	33.14%	33.05%	42.81%	24.53%	20.95%	20.91%
Effective Tax Rate	26.08%	27.69%	29.78%	25.88%	26.95%	27.26%

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