BVMF:SEQL3 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	Jun '25 Jun 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
Revenue	722.36	769.02	744.74	1,804	1,520	998.11
Revenue Growth (YoY)	18.59%	3.26%	-58.73%	18.68%	52.32%	89.30%
Cost of Revenue	736.64	794.18	831.54	1,491	1,254	782.68
Gross Profit	-14.28	-25.17	-86.8	313.61	266.42	215.43
Selling, General & Admin	553.42	626.99	552.73	320.21	252.28	178.39
Other Operating Expenses	-95.32	-13.74	13.95	-75.1	-41.36	-6.65
Operating Expenses	458.1	613.26	566.68	245.1	210.92	171.74
Operating Income	-472.38	-638.42	-653.47	68.5	55.49	43.69
Interest Expense	-155.86	-162.32	-210.62	-211.12	-93.74	-55.16
Interest & Investment Income	71.37	2.75	3.85	18.77	18.25	8.18
Earnings From Equity Investments	-1.68	-0.51	-3.52	-8.11	-0.98	-
Other Non Operating Income (Expenses)	-38.9	-38.04	-40.11	-	-	-
EBT Excluding Unusual Items	-597.44	-836.54	-903.87	-131.96	-20.97	-3.29
Impairment of Goodwill	-480.58	-480.58	-	-	-	-
Gain (Loss) on Sale of Investments	17.6	17.6	-9.51	-	-	-
Other Unusual Items	24.1	24.1	-36.73	-	-6.53	-
Pretax Income	-1,036	-1,275	-950.11	-131.96	-27.51	-3.29
Income Tax Expense	31.57	2.97	-127.89	-25.08	-9.65	-10.32
Net Income	-1,088	-1,278	-822.22	-106.87	-17.86	7.03
Net Income to Common	-1,088	-1,278	-822.22	-106.87	-17.86	7.03
Shares Outstanding (Basic)	4	2	1	14	1	1
Shares Outstanding (Diluted)	4	2	1	14	1	1
Shares Change (YoY)	132.22%	114.92%	-93.21%	1966.19%	28.53%	9.55%
EPS (Basic)	-301.76	-625.59	-864.77	-7.63	-26.36	13.33
EPS (Diluted)	-301.76	-625.59	-864.80	-7.63	-26.36	13.33
Free Cash Flow	63.58	70.4	-293.92	-7.67	-94.96	24
Free Cash Flow Per Share	17.63	34.45	-309.13	-0.55	-140.13	45.53
Gross Margin	-1.98%	-3.27%	-11.65%	17.38%	17.52%	21.58%
Operating Margin	-65.39%	-83.02%	-87.74%	3.80%	3.65%	4.38%
Profit Margin	-150.63%	-166.24%	-110.40%	-5.92%	-1.18%	0.70%
Free Cash Flow Margin	8.80%	9.16%	-39.47%	-0.43%	-6.25%	2.40%
EBITDA	-409.74	-548.16	-582.14	224.8	190.58	113.49
EBITDA Margin	-56.72%	-71.28%	-78.17%	12.46%	12.53%	11.37%
D&A For EBITDA	62.64	90.26	71.34	156.3	135.08	69.8
EBIT	-472.38	-638.42	-653.47	68.5	55.49	43.69
EBIT Margin	-65.39%	-83.02%	-87.74%	3.80%	3.65%	4.38%

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