Syn Prop & Tech Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	327.67	1,358	424.71	474.5	2,306
Other Revenue	0.4	1.95	-2.53	-2.82	6.99
Total Revenue	328.06	1,360	422.18	471.68	2,313
Revenue Growth (YoY	-75.87%	222.07%	-10.50%	-79.61%	369.55%
Property Expenses	153.68	784.47	189.94	268	641.15
Selling, General & Administrative	47.85	69.04	47.11	63.15	91.05
Other Operating Expenses	-4.31	37.66	12.76	-2.4	-53.33
Total Operating Expenses	197.22	891.17	249.81	328.75	678.87
Operating Income	130.84	468.51	172.36	142.94	1,634
Interest Expense	-124.15	-155.93	-193.37	-220.02	-164.26
Interest & Investment Income	66.46	82.63	38.64	70.97	29.97
Other Non-Operating Income	8.58	55.92	25.47	-0	-3.63
EBT Excluding Unusual Items	81.73	451.12	43.1	-6.11	1,496
Gain (Loss) on Sale of Investments	24.57	366.12	-	-	-
Pretax Income	106.3	817.25	43.1	-6.11	1,496
Income Tax Expense	31.43	157.3	37.55	26.83	92.12
Earnings From Continuing Operations	74.87	659.95	5.55	-32.94	1,404
Minority Interest in Earnings	-10.23	-113.69	-15.59	-24.06	-117.51
Net Income	64.63	546.26	-10.04	-57	1,287
Net Income to Common	64.63	546.26	-10.04	-57	1,287
Net Income Growth	-88.17%	-	-	-	2439.95%
Basic Shares Outstanding	153	153	153	153	153
Diluted Shares Outstanding	153	153	153	153	153
Shares Change (YoY)	-	-	-0.00%	0.00%	-
EPS (Basic)	0.42	3.58	-0.07	-0.37	8.43
EPS (Diluted)	0.42	3.58	-0.07	-0.37	8.43
EPS Growth	-88.17%	-	-	-	2439.94%
Dividend Per Share	2.581	-	-	-	8.713
Dividend Growth	-	-	-	-	804.57%
Operating Margin	39.88%	34.46%	40.83%	30.30%	70.65%
Profit Margin	19.70%	40.17%	-2.38%	-12.08%	55.63%
EBITDA	171	547.88	233.18	204.73	1,703
EBITDA Margin	52.12%	40.29%	55.23%	43.40%	73.62%
D&A For Ebitda	40.16	79.37	60.82	61.79	68.76
EBIT	130.84	468.51	172.36	142.94	1,634
EBIT Margin	39.88%	34.46%	40.83%	30.30%	70.65%
Effective Tax Rate	29.57%	19.25%	87.13%	-	6.16%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.