BVMF:TELB4 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	491.01	414.32	416.84	347.84	285.65
Revenue Growth (YoY)	18.51%	-0.61%	19.84%	21.77%	7.06%
Cost of Revenue	663.01	625.18	606.19	535.31	509.92
Gross Profit	-172	-210.87	-189.35	-187.47	-224.27
Selling, General & Admin	130.84	120.55	110.33	96.6	69.33
Other Operating Expenses	-539.17	-351.95	-228.33	-239.68	-235.69
Operating Expenses	-408.33	-231.4	-118	-143.08	-166.36
Operating Income	236.33	20.53	-71.36	-44.4	-57.91
Interest Expense	-274.63	-207.11	-218.67	-210.96	-100.5
Interest & Investment Income	-	131.75	172.02	120.56	34.78
Earnings From Equity Investments	0.37	-1.01	-2.25	-6.5	-6.27
Currency Exchange Gain (Loss)	-2.51	-	-	-	-
Other Non Operating Income (Expenses)	222.88	-7.85	-9.7	-6.34	-6.01
EBT Excluding Unusual Items	182.44	-63.7	-129.96	-147.63	-135.9
Asset Writedown	-	-2.67	-1.23	-16.64	-
Legal Settlements	-	-3.46	3.21	-4.18	-6.87
Other Unusual Items	-	2.3	0.42	-	15.5
Pretax Income	182.44	-66.57	-127.36	-168.46	-126.82
Income Tax Expense	41.93	-	-	-	-
Net Income	140.5	-66.57	-127.36	-168.46	-126.82
Net Income to Common	140.5	-66.57	-127.36	-168.46	-126.82
Shares Outstanding (Basic)	-	86	86	86	68
Shares Outstanding (Diluted)	-	86	86	86	68
Shares Change (YoY)	-	-	-	27.29%	-
EPS (Basic)	-	-0.77	-1.47	-1.95	-1.87
EPS (Diluted)	-	-0.77	-1.47	-1.95	-1.87
Free Cash Flow	26.55	79.86	49.39	33.24	111.88
Free Cash Flow Per Share	-	0.93	0.57	0.39	1.65
Gross Margin	-35.03%	-50.90%	-45.42%	-53.90%	-78.51%
Operating Margin	48.13%	4.96%	-17.12%	-12.76%	-20.27%
Profit Margin	28.62%	-16.07%	-30.55%	-48.43%	-44.40%
Free Cash Flow Margin	5.41%	19.28%	11.85%	9.56%	39.17%
EBITDA	510.44	277.44	182.19	197.69	196.43
EBITDA Margin	103.96%	66.96%	43.71%	56.83%	68.76%
D&A For EBITDA	274.1	256.91	253.54	242.09	254.34
EBIT	236.33	20.53	-71.36	-44.4	-57.91
EBIT Margin	48.13%	4.96%	-17.12%	-12.76%	-20.27%
Effective Tax Rate	22.98%	-	-	-	-

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