Revenue by Segment

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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Weapons & Accessories	1.32B	1.53B	2.45B	3.25B	3.55B
Helmets	136.32M	135.26M	100.96M	105.06M	114.26M
Other	5.48M	3.74M	27.66M	27.45M	27.54M
Intersegment Revenue	-	-	-798.10M	-845.43M	-954.92M
Total	1.46B	1.67B	1.78B	2.54B	2.74B

Revenue by Geography

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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Brazil	296.15M	293.15M	280.46M	863.95M	717.25M
The United States of America	1.00B	1.26B	1.39B	1.51B	1.83B
South Africa	12.51M	11.72M	6.36M	15.85M	11.58M
Germany	1.64M	1.28M	1.74M	2.22M	1.62M
Saudi Arabia	4.92M	1.93M	2.26M	2.12M	-
Argentina	6.54M	3.24M	978.00K	1.70M	4.32M
Burkina	1.99M	-	4.61M	1.27M	6.44M
Chad	900.00K	-	-	-	-
El Salvador	578.00K	1.20M	907.00K	1.76M	1.62M
Ecuador	9.48M	7.35M	7.16M	-	-
Philippines	17.11M	13.79M	9.88M	30.31M	55.97M
France	2.67M	1.89M	4.30M	2.72M	7.18M
Guatemala	17.71M	24.41M	13.67M	18.24M	7.14M
Guyana	3.30M	3.48M	1.44M	1.09M	1.26M
Honduras	6.30M	4.47M	9.33M	-	5.31M
India	670.00K	2.49M	1.08M	-	-
Lebanon	717.00K	1.40M	1.10M	2.45M	2.23M
Mexico	4.56M	3.48M	2.10M	-	765.00K
Mozambique	3.29M	909.00K	444.00K	440.00K	1.27M
Pakistan	6.57M	6.89M	2.49M	12.42M	24.82M
Peru	6.06M	5.35M	5.50M	6.22M	2.96M
Poland	1.52M	919.00K	1.25M	4.27M	1.25M
Czech Republic	956.00K	1.39M	1.01M	2.62M	1.26M
Senegal	652.00K	-	586.00K	1.16M	821.00K
Uganda	828.00K	-	-	-	-
Uruguay	438.00K	1.14M	721.00K	1.14M	1.14M
Zambia	1.51M	509.00K	377.00K	907.00K	659.00K
Other Countries	5.21M	3.90M	1.72M	1.96M	547.00K
Ghana	-	7.29M	17.00K	3.05M	23.18M
Haiti	-	8.58M	-	-	-
Israel	-	661.00K	4.99M	-	1.34M
Tunisia	39.25M	-	-	-	-
Chile	-	-	2.34M	1.78M	2.36M
Costa Rica	-	-	411.00K	-	267.00K
Spain	-	-	39.00K	999.00K	218.00K
Italy	-	-	208.00K	1.07M	1.52M
Jordan	-	-	506.00K	-	-
North Macedonia	-	-	-	232.00K	-
Total	1.46B	1.67B	1.76B	2.50B	2.71B