Syn Prop & Tech 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
Rental Revenue	323.1	1,358	424.71	474.5	2,306	486.32
Other Revenue	4.34	1.95	-2.53	-2.82	6.99	6.3
Total Revenue	327.45	1,360	422.18	471.68	2,313	492.62
Revenue Growth (YoY	-76.50%	222.07%	-10.50%	-79.61%	369.55%	4.02%
Property Expenses	150.86	784.47	189.94	268	641.15	179.73
Selling, General & Administrative	52.54	69.04	47.11	63.15	91.05	58.03
Other Operating Expenses	313.96	37.66	12.76	-2.4	-53.33	10.63
Total Operating Expenses	517.36	891.17	249.81	328.75	678.87	248.39
Operating Income	-189.91	468.51	172.36	142.94	1,634	244.23
Interest Expense	-134.65	-155.93	-193.37	-220.02	-164.26	-108.34
Interest & Investment Income	89.06	82.63	38.64	70.97	29.97	24.05
Other Non-Operating Income	33.64	55.92	25.47	-0	-3.63	-
EBT Excluding Unusual Items	-201.86	451.12	43.1	-6.11	1,496	159.94
Gain (Loss) on Sale of Investments	366.12	366.12	-	-	-	-
Pretax Income	164.26	817.25	43.1	-6.11	1,496	159.94
Income Tax Expense	51.29	157.3	37.55	26.83	92.12	31.95
Earnings From Continuing Operations	112.98	659.95	5.55	-32.94	1,404	127.99
Minority Interest in Earnings	5.29	-113.69	-15.59	-24.06	-117.51	-77.33
Net Income	118.27	546.26	-10.04	-57	1,287	50.66
Net Income to Common	118.27	546.26	-10.04	-57	1,287	50.66
Net Income Growth	-75.95%	-	-	-	2439.95%	54.40%
Basic Shares Outstanding	153	153	153	153	153	153
Diluted Shares Outstanding	153	153	153	153	153	153
Shares Change (YoY)	-	-	-0.00%	0.00%	-	-7.55%
EPS (Basic)	0.77	3.58	-0.07	-0.37	8.43	0.33
EPS (Diluted)	0.77	3.58	-0.07	-0.37	8.43	0.33
EPS Growth	-75.95%	-	-	-	2439.94%	67.01%
Dividend Per Share	2.612	3.333	-	-	8.713	0.963
Dividend Growth	-9.39%	-	-	-	804.57%	-
Operating Margin	-58.00%	34.46%	40.83%	30.30%	70.65%	49.58%
Profit Margin	36.12%	40.17%	-2.38%	-12.08%	55.63%	10.28%
EBITDA	-149.13	546.85	233.18	204.73	1,703	310.18
EBITDA Margin	-45.54%	40.22%	55.23%	43.40%	73.62%	62.97%
D&A For Ebitda	40.78	78.34	60.82	61.79	68.76	65.95
EBIT	-189.91	468.51	172.36	142.94	1,634	244.23
EBIT Margin	-58.00%	34.46%	40.83%	30.30%	70.65%	49.58%
Effective Tax Rate	31.22%	19.25%	87.13%	-	6.16%	19.98%

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