BVMF:SMFT3 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	6,834	5,580	4,245	2,930	1,707	1,256
Revenue Growth (YoY)	32.16%	31.46%	44.85%	71.69%	35.87%	-36.68%
Cost of Revenue	3,933	3,267	2,534	2,018	1,593	1,267
Gross Profit	2,901	2,313	1,711	912.02	113.84	-10.38
Selling, General & Admin	1,284	1,026	813.14	640.34	461.94	346.45
Other Operating Expenses	26.17	23.85	-148.22	12.84	-3.55	21.09
Operating Expenses	1,310	1,050	664.93	653.18	458.39	367.54
Operating Income	1,591	1,263	1,046	258.85	-344.55	-377.92
Interest Expense	-1,233	-1,028	-823.77	-697.78	-472.16	-389.27
Interest & Investment Income	349.01	291.85	363.4	353.26	113.92	31.29
Earnings From Equity Investments	5.79	0.85	-1.09	6.57	-15	-15.79
Currency Exchange Gain (Loss)	-0.62	-9.24	0.82	-8.23	-29.25	-31.39
Other Non Operating Income (Expenses)	-18.08	-21.84	-13.74	5.02	92.25	128.03
EBT Excluding Unusual Items	693.98	496.33	571.59	-82.32	-654.79	-655.05
Pretax Income	693.98	496.33	571.59	-82.32	-654.79	-655.05
Income Tax Expense	102.81	55.76	-472.59	3.74	-21.77	-50.63
Earnings From Continuing Operations	591.17	440.58	1,044	-86.05	-633.02	-604.43
Minority Interest in Earnings	-2.36	-4.14	-7.62	-3.38	-1.56	5.84
Net Income	588.81	436.44	1,037	-89.43	-634.58	-598.58
Net Income to Common	588.81	436.44	1,037	-89.43	-634.58	-598.58
Net Income Growth	-34.97%	-57.89%	-	-	-	-
Shares Outstanding (Basic)	592	586	586	586	525	443
Shares Outstanding (Diluted)	613	607	609	586	525	443
Shares Change (YoY)	0.74%	-0.44%	3.93%	11.65%	18.63%	13.11%
EPS (Basic)	0.99	0.74	1.77	-0.15	-1.21	-1.35
EPS (Diluted)	0.96	0.72	1.70	-0.15	-1.21	-1.35
EPS Growth	-35.45%	-57.71%	-	-	-	-
Free Cash Flow	-175.02	-443.63	-11.27	-470.73	-442.37	-644.06
Free Cash Flow Per Share	-0.29	-0.73	-0.02	-0.80	-0.84	-1.46
Dividend Per Share	1.128	0.593	0.454	-	-	-
Dividend Growth	108.00%	30.74%	-	-	-	-
Gross Margin	42.45%	41.45%	40.31%	31.12%	6.67%	-0.83%
Operating Margin	23.29%	22.63%	24.64%	8.83%	-20.19%	-30.08%
Profit Margin	8.62%	7.82%	24.42%	-3.05%	-37.18%	-47.65%
Free Cash Flow Margin	-2.56%	-7.95%	-0.27%	-16.06%	-25.92%	-51.27%
EBITDA	1,980	1,996	1,627	694.24	57.34	-41.59
EBITDA Margin	28.97%	35.77%	38.33%	23.69%	3.36%	-3.31%
D&A For EBITDA	388.48	733.04	581.16	435.39	401.89	336.32
EBIT	1,591	1,263	1,046	258.85	-344.55	-377.92
EBIT Margin	23.29%	22.63%	24.64%	8.83%	-20.19%	-30.08%
Effective Tax Rate	14.82%	11.23%	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.