BVMF:SEQL3 Balance Sheet

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
Cash & Equivalents	10.74	21.85	30.05	119.35	168.93	409.18
Cash & Short-Term Investments	10.74	21.85	30.05	119.35	168.93	409.18
Cash Growth	-19.31%	-27.27%	-74.83%	-29.35%	-58.71%	346.71%
Accounts Receivable	114.56	133.72	222.86	351.72	411.29	268.42
Other Receivables	3.43	8.73	51.75	70.28	24.44	10.17
Receivables	117.99	142.45	274.61	422	435.73	278.59
Prepaid Expenses	2.42	5.33	8.86	6.97	7.44	7.37
Other Current Assets	5.25	17.27	20.33	42.33	31.11	13.67
Total Current Assets	136.39	186.9	333.84	590.66	643.22	708.82
Property, Plant & Equipment	140.13	209.65	320.77	460.04	395.39	297.7
Long-Term Investments	-	8.87	4.05	78.87	75.97	10.67
Goodwill	274.44	274.44	487.53	487.53	487.53	160.16
Other Intangible Assets	187.07	237.67	143.14	205.92	247.47	100.47
Long-Term Accounts Receivable	0.23	3	1.84	-	-	-
Long-Term Deferred Tax Assets	-	260	240.73	112.84	87.05	59.27
Other Long-Term Assets	56.05	51.63	29.24	46.99	45.54	38.8
Total Assets	794.32	1,232	1,561	1,983	1,982	1,376
Accounts Payable	49.39	349.76	140.27	182.41	175.53	121.63
Accrued Expenses	130.17	78.75	104.58	149.1	121.93	65.86
Current Portion of Long-Term Debt	521.58	144.46	301.57	59.98	43.3	8.88
Current Portion of Leases	10.42	42.47	62.04	81.19	80.35	59.63
Current Income Taxes Payable	3.5	59.08	133.7	-	-	-
Other Current Liabilities	91.71	107.31	49.78	43.97	95.42	72.03
Total Current Liabilities	825.52	781.82	791.94	516.64	516.52	328.04
Long-Term Debt	260.54	756.67	184.19	489.66	329.69	348.22
Long-Term Leases	33.94	63.51	201.69	288.19	214.79	182.39
Long-Term Deferred Tax Liabilities	-	15.7	-	-	-	-
Other Long-Term Liabilities	451.11	539.01	265.75	186.98	320.34	105.9
Total Liabilities	1,571	2,157	1,444	1,481	1,381	964.55
Common Stock	1,275	1,002	915.16	655.65	653.87	438.04
Retained Earnings	-2,187	-2,056	-961.44	-139.22	-32.35	-2
Comprehensive Income & Other	290.04	294.95	163.86	-18.1	-20.69	-24.72
Total Common Equity	-622.28	-758.37	117.57	498.33	600.83	411.33
Minority Interest	-154.51	-166.19	-	3.06	-	-
Shareholders' Equity	-776.8	-924.56	117.57	501.39	600.83	411.33
Total Liabilities & Equity	794.32	1,232	1,561	1,983	1,982	1,376
Total Debt	845.24	1,007	749.49	919.01	668.12	599.12
Net Cash (Debt)	-834.5	-985.26	-719.44	-799.66	-499.19	-189.94
Net Cash Per Share	-216.30	-482.14	-756.67	-57.11	-736.66	-360.26
Filing Date Shares Outstanding	5.38	2.28	1.76	0.7	0.7	0.64
Total Common Shares Outstanding	5.38	2.28	1.76	0.7	0.7	0.64
Working Capital	-689.13	-594.92	-458.1	74.02	126.7	380.78
Book Value Per Share	-115.66	-332.53	66.83	710.44	861.83	646.99
Tangible Book Value	-1,084	-1,270	-513.11	-195.13	-134.17	150.7
Tangible Book Value Per Share	-201.45	-557.09	-291.67	-278.18	-192.46	237.04
Machinery	325.03	330.38	280.38	256.99	231.2	-
Construction In Progress	3.79	3.79	4.08	34.69	34.17	-
Leasehold Improvements	32.24	32.24	28.34	31.34	23.64	-

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