BVMF:TELB4 Income Statement

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
Revenue	511.54	491.01	414.32	416.84	347.84	285.65
Revenue Growth (YoY)	13.64%	18.51%	-0.61%	19.84%	21.77%	7.06%
Cost of Revenue	684.66	656.9	625.18	606.19	535.31	509.92
Gross Profit	-173.13	-165.89	-210.87	-189.35	-187.47	-224.27
Selling, General & Admin	117.95	111.82	120.55	110.33	96.6	69.33
Other Operating Expenses	-452.03	-521.22	-351.95	-228.33	-239.68	-235.69
Operating Expenses	-334.08	-409.4	-231.4	-118	-143.08	-166.36
Operating Income	160.95	243.51	20.53	-71.36	-44.4	-57.91
Interest Expense	-275.91	-268.15	-207.11	-218.67	-210.96	-100.5
Interest & Investment Income	211.85	211.85	131.75	172.02	120.56	34.78
Earnings From Equity Investments	1	0.37	-1.01	-2.25	-6.5	-6.27
Currency Exchange Gain (Loss)	-2.51	-2.51	-	-	-	-
Other Non Operating Income (Expenses)	-2.79	-9.56	-7.85	-9.7	-6.34	-6.01
EBT Excluding Unusual Items	92.59	175.51	-63.7	-129.96	-147.63	-135.9
Asset Writedown	-	-	-2.67	-1.23	-16.64	-
Legal Settlements	6.43	6.43	-3.46	3.21	-4.18	-6.87
Other Unusual Items	0.08	0.08	2.3	0.42	-	15.5
Pretax Income	99.52	182.44	-66.57	-127.36	-168.46	-126.82
Income Tax Expense	37.65	41.93	-	-	-	-
Net Income	61.87	140.5	-66.57	-127.36	-168.46	-126.82
Net Income to Common	61.87	140.5	-66.57	-127.36	-168.46	-126.82
Shares Outstanding (Basic)	96	92	86	86	86	68
Shares Outstanding (Diluted)	96	92	86	86	86	68
Shares Change (YoY)	11.10%	6.60%	-	-	27.29%	-
EPS (Basic)	0.64	1.53	-0.77	-1.47	-1.95	-1.87
EPS (Diluted)	0.64	1.53	-0.77	-1.47	-1.95	-1.87
Free Cash Flow	-35.47	26.55	79.86	49.39	33.24	111.88
Free Cash Flow Per Share	-0.37	0.29	0.93	0.57	0.39	1.65
Gross Margin	-33.84%	-33.78%	-50.90%	-45.42%	-53.90%	-78.51%
Operating Margin	31.46%	49.59%	4.96%	-17.12%	-12.76%	-20.27%
Profit Margin	12.09%	28.62%	-16.07%	-30.55%	-48.43%	-44.40%
Free Cash Flow Margin	-6.93%	5.41%	19.28%	11.85%	9.56%	39.17%
EBITDA	413.17	501.92	290.58	182.19	197.69	196.43
EBITDA Margin	80.77%	102.22%	70.13%	43.71%	56.83%	68.76%
D&A For EBITDA	252.22	258.41	270.04	253.54	242.09	254.34
EBIT	160.95	243.51	20.53	-71.36	-44.4	-57.91
EBIT Margin	31.46%	49.59%	4.96%	-17.12%	-12.76%	-20.27%
Effective Tax Rate	37.83%	22.98%	-	-	-	-

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