Tecnisa Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Cash & Equivalents	40.78	199.51	130.82	83.87	113.66	103.86
Short-Term Investments	4.92	16.37	31.45	16.87	87.35	71.15
Cash & Short-Term Investments	45.69	215.88	162.27	100.74	201.01	175.01
Cash Growth	-68.40%	33.04%	61.08%	-49.89%	14.86%	-28.19%
Accounts Receivable	43.78	48.8	199.74	220.17	99.77	30.56
Other Receivables	119.3	143.19	49.2	39.55	53.88	40.68
Receivables	163.08	191.99	248.94	259.72	153.65	71.24
Inventory	81.66	84.24	132.4	388.49	504.11	520.42
Prepaid Expenses	1.47	1.42	2.04	2.57	2.24	1.22
Total Current Assets	291.89	493.53	545.65	751.52	861	767.89
Property, Plant & Equipment	2.83	3.13	6.19	10.53	11.48	13.12
Long-Term Investments	490.34	419.58	489.15	477.4	505.59	589.63
Other Intangible Assets	7.13	7.61	10.38	11.76	10.47	13.62
Long-Term Accounts Receivable	9.48	15.27	21.25	35.11	44	37.98
Long-Term Deferred Tax Assets	4.55	4.53	3.28	7.29	1.29	9.9
Other Long-Term Assets	183.37	254.15	263.18	233.5	174.01	124.29
Total Assets	989.58	1,198	1,339	1,527	1,608	1,556
Accounts Payable	13.83	12.84	15.19	28.54	11.76	9.81
Accrued Expenses	15.18	21.52	20.95	19.87	25.02	19.73
Current Portion of Long-Term Debt	50.17	206.15	222.06	226.32	51.2	41.88
Current Income Taxes Payable	2.08	2.19	2.97	3.57	3.6	2.17
Current Unearned Revenue	46.01	53.67	66.39	48.28	54.07	22.54
Other Current Liabilities	35.42	44.95	71.21	54.92	88.01	147.29
Total Current Liabilities	164.14	342.56	405.75	388.61	236.79	244.54
Long-Term Debt	504.39	504.91	456.42	493.12	597.37	519.6
Long-Term Unearned Revenue	3.68	4.11	32.74	52.29	90.34	47.48
Long-Term Deferred Tax Liabilities	0.32	0.39	0.74	1.14	1.4	1.39
Other Long-Term Liabilities	53.17	53.87	57.62	56.44	59.91	82.16
Total Liabilities	725.69	905.84	953.27	991.6	985.81	895.17
Common Stock	1,868	1,868	1,868	1,868	1,868	1,868
Retained Earnings	-1,568	-1,543	-1,446	-1,294	-1,237	-1,238
Comprehensive Income & Other	-39.68	-39.68	-39.68	-40.28	-41.04	-39.68
Total Common Equity	260.23	285.76	382.32	534.53	589.94	590.25
Minority Interest	3.66	6.18	3.48	0.99	32.08	70.99
Shareholders' Equity	263.89	291.94	385.8	535.51	622.02	661.23
Total Liabilities & Equity	989.58	1,198	1,339	1,527	1,608	1,556
Total Debt	554.56	711.06	678.48	719.44	648.57	561.48
Net Cash (Debt)	-508.87	-495.18	-516.21	-618.7	-447.56	-386.47
Net Cash Per Share	-	-6.73	-7.01	-8.40	-6.08	-5.25
Filing Date Shares Outstanding	-	73.62	73.62	73.62	73.62	73.62
Total Common Shares Outstanding	-	73.62	73.62	73.62	73.62	73.62
Working Capital	127.75	150.97	139.89	362.91	624.21	523.35
Book Value Per Share	-	3.88	5.19	7.26	8.01	8.02
Tangible Book Value	253.1	278.15	371.93	522.76	579.47	576.63
Tangible Book Value Per Share	-	3.78	5.05	7.10	7.87	7.83

Source: S&P Global Market Intelligence. Standard template. Financial Sources.