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	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
Cash & Equivalents	5.23	21.85	30.05	119.35	168.93	409.18
Cash & Short-Term Investments	5.23	21.85	30.05	119.35	168.93	409.18
Cash Growth	-87.52%	-27.27%	-74.83%	-29.35%	-58.71%	346.71%
Accounts Receivable	105.57	133.72	222.86	351.72	411.29	268.42
Other Receivables	6.62	8.73	51.75	70.28	24.44	10.17
Receivables	112.18	142.45	274.61	422	435.73	278.59
Prepaid Expenses	2.71	5.33	8.86	6.97	7.44	7.37
Other Current Assets	5.65	17.27	20.33	42.33	31.11	13.67
Total Current Assets	125.77	186.9	333.84	590.66	643.22	708.82
Property, Plant & Equipment	147.42	209.65	320.77	460.04	395.39	297.7
Long-Term Investments	8.45	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	203.94	237.67	143.14	205.92	247.47	100.47
Long-Term Accounts Receivable	6.01	3	1.84	-	-	-
Long-Term Deferred Tax Assets	-	260	240.73	112.84	87.05	59.27
Other Long-Term Assets	57.07	51.63	29.24	46.99	45.54	38.8
Total Assets	823.11	1,232	1,561	1,983	1,982	1,376
Accounts Payable	61	349.76	140.27	182.41	175.53	121.63
Accrued Expenses	119.08	78.75	104.58	149.1	121.93	65.86
Current Portion of Long-Term Debt	555.38	144.46	301.57	59.98	43.3	8.88
Current Portion of Leases	7.42	42.47	62.04	81.19	80.35	59.63
Current Income Taxes Payable	-	59.08	133.7	-	-	-
Other Current Liabilities	111.94	107.31	49.78	43.97	95.42	72.03
Total Current Liabilities	854.83	781.82	791.94	516.64	516.52	328.04
Long-Term Debt	291.71	756.67	184.19	489.66	329.69	348.22
Long-Term Leases	35.22	63.51	201.69	288.19	214.79	182.39
Long-Term Deferred Tax Liabilities	-	15.7	-	-	-	-
Other Long-Term Liabilities	375.62	539.01	265.75	186.98	320.34	105.9
Total Liabilities	1,557	2,157	1,444	1,481	1,381	964.55
Common Stock	1,213	1,002	915.16	655.65	653.87	438.04
Retained Earnings	-2,094	-2,056	-961.44	-139.22	-32.35	-2
Comprehensive Income & Other	288.93	294.95	163.86	-18.1	-20.69	-24.72
Total Common Equity	-592.21	-758.37	117.57	498.33	600.83	411.33
Minority Interest	-142.06	-166.19	-	3.06	-	-
Shareholders' Equity	-734.27	-924.56	117.57	501.39	600.83	411.33
Total Liabilities & Equity	823.11	1,232	1,561	1,983	1,982	1,376
Total Debt	889.73	1,007	749.49	919.01	668.12	599.12
Net Cash (Debt)	-884.51	-985.26	-719.44	-799.66	-499.19	-189.94
Net Cash Per Share	-245.31	-482.14	-756.67	-57.11	-736.66	-360.26
Filing Date Shares Outstanding	5.03	2.28	1.76	0.7	0.7	0.64
Total Common Shares Outstanding	5.03	2.28	1.76	0.7	0.7	0.64
Working Capital	-729.06	-594.92	-458.1	74.02	126.7	380.78
Book Value Per Share	-117.71	-332.53	66.83	710.44	861.83	646.99
Tangible Book Value	-1,071	-1,270	-513.11	-195.13	-134.17	150.7
Tangible Book Value Per Share	-212.79	-557.09	-291.67	-278.18	-192.46	237.04
Machinery	326.92	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.