Tecnisa 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
Revenue	203.9	470.63	437.12	237.35	146.36
Revenue Growth (YoY)	-56.67%	7.66%	84.17%	62.16%	-18.98%
Cost of Revenue	238.38	510.51	416.45	209.52	138.16
Gross Profit	-34.48	-39.89	20.67	27.82	8.2
Selling, General & Admin	65.35	76.58	84.28	93.97	96.94
Other Operating Expenses	41.84	42.96	-15.01	-60.04	72.33
Operating Expenses	107.19	119.54	69.28	33.93	169.27
Operating Income	-141.67	-159.43	-48.6	-6.1	-161.06
Interest Expense	-72.38	-	-	-40.58	-81.49
Interest & Investment Income	-	18.93	23.51	27.59	-
Earnings From Equity Investments	106.56	59.69	23.5	28.78	32.95
Other Non Operating Income (Expenses)	13.54	-49.94	-32.52	-	28.45
EBT Excluding Unusual Items	-93.95	-130.74	-34.11	9.68	-181.15
Gain (Loss) on Sale of Investments	-	3.16	-3.5	-	-
Gain (Loss) on Sale of Assets	-	8.97	-	-	-
Asset Writedown	-	9.99	0.05	-	-
Legal Settlements	-	-29.81	-5.85	-	-
Pretax Income	-93.95	-138.43	-43.41	9.68	-181.15
Income Tax Expense	6.18	12.62	11.86	7.38	4.49
Earnings From Continuing Operations	-100.13	-151.05	-55.27	2.3	-185.64
Minority Interest in Earnings	-0.53	2.64	-0.9	-1.26	0.92
Net Income	-100.66	-148.41	-56.17	1.05	-184.73
Net Income to Common	-100.66	-148.41	-56.17	1.05	-184.73
Shares Outstanding (Basic)	74	74	74	74	74
Shares Outstanding (Diluted)	74	74	74	74	74
Shares Change (YoY)	0.53%	-	-	-	-
EPS (Basic)	-1.36	-2.02	-0.76	0.01	-2.51
EPS (Diluted)	-1.36	-2.02	-0.76	0.01	-2.51
Free Cash Flow	11.64	105.67	-165.23	-19.96	-176.86
Free Cash Flow Per Share	0.16	1.44	-2.24	-0.27	-2.40
Gross Margin	-16.91%	-8.48%	4.73%	11.72%	5.61%
Operating Margin	-69.48%	-33.88%	-11.12%	-2.57%	-110.04%
Profit Margin	-49.37%	-31.54%	-12.85%	0.44%	-126.21%
Free Cash Flow Margin	5.71%	22.45%	-37.80%	-8.41%	-120.84%
EBITDA	-138.27	-155.77	-43.78	0.3	-154.14
EBITDA Margin	-67.81%	-33.10%	-10.02%	0.13%	-105.31%
D&A For EBITDA	3.4	3.66	4.83	6.41	6.93
EBIT	-141.67	-159.43	-48.6	-6.1	-161.06
EBIT Margin	-69.48%	-33.88%	-11.12%	-2.57%	-110.04%
Effective Tax Rate	-	-	-	76.23%	-
Revenue as Reported	-	470.63	437.12	237.35	146.36
Advertising Expenses	-	15.94	17.29	-	-

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