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	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
Revenue	658.18	769.02	744.74	1,804	1,520	998.11
Revenue Growth (YoY)	-5.90%	3.26%	-58.73%	18.68%	52.32%	89.30%
Cost of Revenue	665.12	794.18	831.54	1,491	1,254	782.68
Gross Profit	-6.94	-25.17	-86.8	313.61	266.42	215.43
Selling, General & Admin	411.78	626.99	552.73	320.21	252.28	178.39
Other Operating Expenses	-98.63	-13.74	13.95	-75.1	-41.36	-6.65
Operating Expenses	313.15	613.26	566.68	245.1	210.92	171.74
Operating Income	-320.09	-638.42	-653.47	68.5	55.49	43.69
Interest Expense	-141.02	-162.32	-210.62	-211.12	-93.74	-55.16
Interest & Investment Income	62.31	2.75	3.85	18.77	18.25	8.18
Earnings From Equity Investments	12.41	-0.51	-3.52	-8.11	-0.98	-
Other Non Operating Income (Expenses)	-103.98	-38.04	-40.11	-	-	-
EBT Excluding Unusual Items	-490.37	-836.54	-903.87	-131.96	-20.97	-3.29
Impairment of Goodwill	-460.39	-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	-846.03	-1,275	-950.11	-131.96	-27.51	-3.29
Income Tax Expense	29.44	2.97	-127.89	-25.08	-9.65	-10.32
Net Income	-884.72	-1,278	-822.22	-106.87	-17.86	7.03
Net Income to Common	-884.72	-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)	69.14%	114.92%	-93.21%	1966.19%	28.53%	9.55%
EPS (Basic)	-229.32	-625.59	-864.77	-7.63	-26.36	13.33
EPS (Diluted)	-229.32	-625.59	-864.80	-7.63	-26.36	13.33
Free Cash Flow	26.82	70.4	-293.92	-7.67	-94.96	24
Free Cash Flow Per Share	6.95	34.45	-309.13	-0.55	-140.13	45.53
Gross Margin	-1.05%	-3.27%	-11.65%	17.38%	17.52%	21.58%
Operating Margin	-48.63%	-83.02%	-87.74%	3.80%	3.65%	4.38%
Profit Margin	-134.42%	-166.24%	-110.40%	-5.92%	-1.18%	0.70%
Free Cash Flow Margin	4.08%	9.16%	-39.47%	-0.43%	-6.25%	2.40%
EBITDA	-228.54	-548.16	-582.14	224.8	190.58	113.49
EBITDA Margin	-34.72%	-71.28%	-78.17%	12.46%	12.53%	11.37%
D&A For EBITDA	91.55	90.26	71.34	156.3	135.08	69.8
EBIT	-320.09	-638.42	-653.47	68.5	55.49	43.69
EBIT Margin	-48.63%	-83.02%	-87.74%	3.80%	3.65%	4.38%

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