BVMF:SCAR3 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
Rental Revenue	179.28	178.79	232.6	287.15	276.66
Other Revenue	120.55	330.1	1,167	97.99	-
Total Revenue	299.83	508.89	1,400	385.14	276.66
Revenue Growth (YoY	-41.08%	-63.65%	263.50%	39.21%	-19.11%
Property Expenses	153.44	325.52	708.1	151.64	50.43
Selling, General & Administrative	81.34	70.22	128.19	84.36	81.07
Other Operating Expenses	-19.7	-0.86	-1.05	-0.81	-2.44
Total Operating Expenses	215.08	394.88	835.24	235.2	129.05
Operating Income	84.75	114.01	564.77	149.95	147.61
Interest Expense	-134.42	-146.78	-265.2	-231.52	-99.07
Interest & Investment Income	37.55	23.01	44.52	23.77	13.98
Other Non-Operating Income	-10.4	21.72	-	-	-13.14
EBT Excluding Unusual Items	-22.52	11.95	344.09	-57.8	49.38
Asset Writedown	-6.23	-23.51	-12.78	-	-4.02
Other Unusual Items	-	-	-	-	8.14
Pretax Income	-28.75	-11.56	331.31	-57.8	53.49
Income Tax Expense	19.69	21.36	27.62	25.12	23.11
Earnings From Continuing Operations	-48.44	-32.92	303.69	-82.93	30.38
Minority Interest in Earnings	-15.92	0.19	1.52	2.69	0.06
Net Income	-64.37	-32.74	305.21	-80.24	30.44
Net Income to Common	-64.37	-32.74	305.21	-80.24	30.44
Net Income Growth	-	-	-	-	-65.14%
Basic Shares Outstanding	57	57	57	57	57
Diluted Shares Outstanding	57	57	59	57	58
Shares Change (YoY)	-0.18%	-2.38%	3.09%	-2.12%	-0.03%
EPS (Basic)	-1.13	-0.57	5.34	-1.41	0.54
EPS (Diluted)	-1.13	-0.57	5.20	-1.41	0.52
EPS Growth	-	-	-	-	-65.13%
Dividend Per Share	7.101	-	1.742	-	0.144
Dividend Growth	-	-	-	-	-60.73%
Operating Margin	28.27%	22.40%	40.34%	38.93%	53.35%
Profit Margin	-21.47%	-6.43%	21.80%	-20.83%	11.00%
EBITDA	137.68	168.78	615.5	211.27	198.03
EBITDA Margin	45.92%	33.17%	43.96%	54.85%	71.58%
D&A For Ebitda	52.93	54.77	50.73	61.32	50.43
EBIT	84.75	114.01	564.77	149.95	147.61
EBIT Margin	28.27%	22.40%	40.34%	38.93%	53.35%
Effective Tax Rate	-	-	8.34%	-	43.20%
Revenue as Reported	299.83	508.89	1,400	385.14	288.06

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.