BVMF:TELB3 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
Revenue	462.01	414.32	416.84	347.84	285.65	266.82
Revenue Growth (YoY)	17.69%	-0.61%	19.84%	21.77%	7.06%	30.63%
Cost of Revenue	636.29	625.18	606.19	535.31	509.92	454.88
Gross Profit	-174.29	-210.87	-189.35	-187.47	-224.27	-188.06
Selling, General & Admin	111.35	120.55	110.33	96.6	69.33	71.51
Other Operating Expenses	-421.01	-351.95	-228.33	-239.68	-235.69	-213.02
Operating Expenses	-309.66	-231.4	-118	-143.08	-166.36	-141.51
Operating Income	135.37	20.53	-71.36	-44.4	-57.91	-46.55
Interest Expense	-248.11	-207.11	-218.67	-210.96	-100.5	-89.26
Interest & Investment Income	183.39	131.75	172.02	120.56	34.78	40.47
Earnings From Equity Investments	-0.63	-1.01	-2.25	-6.5	-6.27	-3.62
Other Non Operating Income (Expenses)	-11.37	-7.85	-9.7	-6.34	-6.01	-3.7
EBT Excluding Unusual Items	58.66	-63.7	-129.96	-147.63	-135.9	-102.66
Asset Writedown	1.37	-2.67	-1.23	-16.64	-	-
Legal Settlements	-5.48	-3.46	3.21	-4.18	-6.87	-6.79
Other Unusual Items	0.67	2.3	0.42	-	15.5	0
Pretax Income	56.17	-66.57	-127.36	-168.46	-126.82	-106.23
Net Income	56.17	-66.57	-127.36	-168.46	-126.82	-106.23
Net Income to Common	56.17	-66.57	-127.36	-168.46	-126.82	-106.23
Shares Outstanding (Basic)	89	86	86	86	68	68
Shares Outstanding (Diluted)	89	86	86	86	68	68
Shares Change (YoY)	2.70%	-	-	27.29%	-	9.86%
EPS (Basic)	0.63	-0.77	-1.47	-1.95	-1.87	-1.57
EPS (Diluted)	0.63	-0.77	-1.47	-1.95	-1.87	-1.57
Free Cash Flow	17.94	79.86	49.39	33.24	111.88	88.98
Free Cash Flow Per Share	0.20	0.93	0.57	0.39	1.65	1.31
Gross Margin	-37.72%	-50.90%	-45.42%	-53.90%	-78.51%	-70.48%
Operating Margin	29.30%	4.96%	-17.12%	-12.76%	-20.27%	-17.44%
Profit Margin	12.16%	-16.07%	-30.55%	-48.43%	-44.40%	-39.81%
Free Cash Flow Margin	3.88%	19.28%	11.85%	9.56%	39.17%	33.35%
EBITDA	393.7	277.44	182.19	197.69	196.43	168.27
EBITDA Margin	85.22%	66.96%	43.71%	56.83%	68.76%	63.06%
D&A For EBITDA	258.33	256.91	253.54	242.09	254.34	214.81
EBIT	135.37	20.53	-71.36	-44.4	-57.91	-46.55
EBIT Margin	29.30%	4.96%	-17.12%	-12.76%	-20.27%	-17.44%

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