BVMF:SCAR3 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
Rental Revenue	178.33	178.79	232.6	287.15	276.66	253.12
Other Revenue	218.55	330.1	1,167	97.99	-	88.91
Total Revenue	396.87	508.89	1,400	385.14	276.66	342.03
Revenue Growth (YoY	-64.63%	-63.65%	263.50%	39.21%	-19.11%	72.03%
Property Expenses	237.56	325.52	708.1	151.64	50.43	67.29
Selling, General & Administrative	69.58	70.22	128.19	84.36	81.07	58.75
Other Operating Expenses	-5.49	-0.86	-1.05	-0.81	-2.44	-3.68
Total Operating Expenses	301.64	394.88	835.24	235.2	129.05	122.35
Operating Income	95.23	114.01	564.77	149.95	147.61	219.68
Interest Expense	-136.2	-146.78	-219.08	-231.52	-99.07	-87.83
Interest & Investment Income	22.38	23.01	27.4	23.77	13.98	13.15
Other Non-Operating Income	9.04	21.72	-29	-	-13.14	-12.26
EBT Excluding Unusual Items	-9.54	11.95	344.09	-57.8	49.38	132.74
Asset Writedown	-23.51	-23.51	-12.78	-	-4.02	-
Other Unusual Items	-	-	-	-	8.14	-
Pretax Income	-33.05	-11.56	331.31	-57.8	53.49	132.74
Income Tax Expense	26.62	21.36	27.62	25.12	23.11	43.88
Earnings From Continuing Operations	-59.67	-32.92	303.69	-82.93	30.38	88.87
Minority Interest in Earnings	-1.48	0.19	1.52	2.69	0.06	-1.53
Net Income	-61.15	-32.74	305.21	-80.24	30.44	87.33
Net Income to Common	-61.15	-32.74	305.21	-80.24	30.44	87.33
Net Income Growth	-	-	-	-	-65.14%	1.14%
Basic Shares Outstanding	57	57	57	57	57	57
Diluted Shares Outstanding	57	57	59	57	58	58
Shares Change (YoY)	-0.84%	-2.38%	3.09%	-2.12%	-0.03%	0.98%
EPS (Basic)	-1.07	-0.57	5.34	-1.41	0.54	1.54
EPS (Diluted)	-1.07	-0.57	5.20	-1.41	0.52	1.50
EPS Growth	-	-	-	-	-65.13%	0.15%
Dividend Per Share	-	-	1.742	-	0.144	0.366
Dividend Growth	-	-	-	-	-60.73%	21.58%
Operating Margin	24.00%	22.40%	40.34%	38.93%	53.35%	64.23%
Profit Margin	-15.41%	-6.43%	21.80%	-20.83%	11.00%	25.53%
EBITDA	153.15	168.78	615.5	211.27	198.03	267.33
EBITDA Margin	38.59%	33.17%	43.96%	54.85%	71.58%	78.16%
D&A For Ebitda	57.92	54.77	50.73	61.32	50.43	47.65
EBIT	95.23	114.01	564.77	149.95	147.61	219.68
EBIT Margin	24.00%	22.40%	40.34%	38.93%	53.35%	64.23%
Effective Tax Rate	-	-	8.34%	-	43.20%	33.05%
Revenue as Reported	396.87	508.89	1,400	385.14	288.06	341.99

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