Ser Educacional S.A. (BVMF:SEER3)

Ser Educacional Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	280.61	370.73	215.27	180.76	213.7	679.93
Trading Asset Securities	-	-	53.62	52.53	20.98	0.23
Cash & Short-Term Investments	280.61	370.73	268.88	233.29	234.69	680.16
Cash Growth	4.12%	37.88%	15.26%	-0.59%	-65.50%	136.74%
Accounts Receivable	568.92	545.05	520.05	438.74	383.03	363.72
Other Receivables	80.7	61.96	52.24	58.29	16.73	9.32
Receivables	649.63	607.02	572.29	497.03	399.76	373.04
Restricted Cash	18.35	7.62	7.94	6.93	-	-
Other Current Assets	-	0.78	25.41	15.38	82.76	29.1
Total Current Assets	948.59	986.13	874.53	752.64	717.2	1,082
Property, Plant & Equipment	1,019	1,091	1,195	1,081	1,008	1,024
Long-Term Investments	0.78	0.76	1.47	0.54	-	-
Goodwill	-	591.94	607.22	607.08	513.33	302.27
Other Intangible Assets	1,142	566.66	584.57	596.9	545.92	414.47
Long-Term Accounts Receivable	37.26	23.57	1.49	73.33	79.21	66.28
Long-Term Deferred Tax Assets	23.72	22.76	23.71	21.62	18.49	5.05
Other Long-Term Assets	186.54	173.75	201.34	259.11	210.24	197.3
Total Assets	3,358	3,456	3,489	3,392	3,093	3,091
Accounts Payable	113.32	41.8	40.67	32.26	34.07	38.17
Accrued Expenses	205.03	145.06	150.4	126.2	111.05	105.5
Current Portion of Long-Term Debt	279.78	292.48	241.16	191.55	201.31	163.79
Current Portion of Leases	78.09	66.51	68.52	66.91	70.36	49.32
Current Income Taxes Payable	-	1.82	3.24	6.11	3.35	29.38
Other Current Liabilities	68.6	183.19	152.43	129.21	98.6	63.59
Total Current Liabilities	744.82	730.86	656.43	552.23	518.74	449.74
Long-Term Debt	508.16	671.85	613.39	574.19	234.31	426.59
Long-Term Leases	674.42	718	777.28	639.02	557.05	602.39
Other Long-Term Liabilities	101.7	126.91	232.34	389.11	319.42	186.28
Total Liabilities	2,029	2,248	2,279	2,155	1,630	1,665
Common Stock	987.55	991.64	991.64	987.55	991.64	991.64
Retained Earnings	344.45	-	-	253.38	475.53	438.94
Treasury Stock	-7.03	-13.35	-3.4	-3.4	-	-
Comprehensive Income & Other	3.97	230.17	221.24	-	-4.09	-4.09
Shareholders' Equity	1,329	1,208	1,209	1,238	1,463	1,426
Total Liabilities & Equity	3,358	3,456	3,489	3,392	3,093	3,091
Total Debt	1,540	1,749	1,700	1,472	1,063	1,242
Net Cash (Debt)	-1,260	-1,378	-1,431	-1,238	-828.34	-561.93
Net Cash Per Share	-9.93	-10.81	-11.15	-9.64	-6.44	-4.37
Filing Date Shares Outstanding	127.38	126.62	128.33	128.33	128.72	128.72
Total Common Shares Outstanding	127.38	126.62	128.33	128.33	128.72	128.72
Working Capital	203.77	255.27	218.1	200.41	198.46	632.56
Book Value Per Share	10.43	9.54	9.42	9.64	11.37	11.08
Tangible Book Value	186.84	49.87	17.7	33.56	403.83	709.75
Tangible Book Value Per Share	1.47	0.39	0.14	0.26	3.14	5.51
Land	-	25.26	-	25.26	-	-
Buildings	-	534.87	-	486.1	-	-
Machinery	-	491.66	-	437.55	-	-
Construction In Progress	-	4.75	-	1.27	-	-

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