BVMF:TELB4 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	Jun '26 Jun 30, 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	1,639	698.51	425.39	380.71	352.61	272.84
Cash & Short-Term Investments	1,639	698.51	425.39	380.71	352.61	272.84
Cash Growth	194.96%	64.21%	11.73%	7.97%	29.24%	89.63%
Accounts Receivable	480.76	448.34	233.3	176.89	105.87	86.44
Other Receivables	179.28	206.46	179.99	179.55	171.03	147.6
Receivables	660.03	654.8	413.29	356.43	276.9	234.04
Other Current Assets	158.96	956.72	937.33	870.21	899.2	950.18
Total Current Assets	2,458	2,310	1,776	1,607	1,529	1,457
Property, Plant & Equipment	1,604	1,697	1,910	2,121	2,254	2,369
Long-Term Investments	80.06	130.28	166.81	150.77	147.67	154.61
Other Intangible Assets	23.98	26.58	19.4	23.17	25.08	30.95
Long-Term Deferred Tax Assets	3.83	-	-	11.63	9.23	-
Other Long-Term Assets	161.64	248.07	218.06	89.29	70.71	87.31
Total Assets	4,332	4,412	4,090	4,004	4,035	4,099
Accounts Payable	128.07	151.79	144.64	122.72	106.84	58.79
Accrued Expenses	35.6	82.55	38.66	18.35	19.86	24.03
Current Portion of Long-Term Debt	-	-	46.21	45.71	47.18	48.93
Current Portion of Leases	5.22	5.09	5.37	5.32	4.79	4.25
Current Unearned Revenue	49.52	97.15	44.47	62.81	110.06	152.87
Other Current Liabilities	13.43	30.55	35.23	25.75	32.89	34.84
Total Current Liabilities	231.83	367.14	314.58	280.66	321.62	323.71
Long-Term Debt	-	-	-	44.89	89.64	144.77
Long-Term Leases	14.34	14.79	4.14	8.8	11.87	11.11
Long-Term Unearned Revenue	221.91	241.35	273.61	310.09	346.57	383.05
Other Long-Term Liabilities	2,173	2,037	2,016	1,934	1,711	1,806
Total Liabilities	2,641	2,660	2,608	2,578	2,480	2,668
Common Stock	3,720	3,720	3,474	3,474	3,474	3,107
Retained Earnings	-2,060	-1,999	-2,140	-2,073	-1,946	-1,710
Treasury Stock	-0.11	-0.11	-0.11	-0.11	-0.11	-0.11
Comprehensive Income & Other	31.16	31.95	147.41	24.48	26.57	33.38
Shareholders' Equity	1,691	1,752	1,482	1,426	1,555	1,431
Total Liabilities & Equity	4,332	4,412	4,090	4,004	4,035	4,099
Total Debt	19.56	19.88	55.72	104.72	153.47	209.05
Net Cash (Debt)	1,620	678.64	369.66	275.99	199.14	63.79
Net Cash Growth	195.86%	83.58%	33.94%	38.59%	212.21%	-
Net Cash Per Share	-	7.37	4.28	3.19	2.31	0.94
Filing Date Shares Outstanding	-	101.98	86.38	86.38	86.38	67.86
Total Common Shares Outstanding	-	101.98	86.38	86.38	86.38	67.86
Working Capital	2,226	1,943	1,461	1,327	1,207	1,133
Book Value Per Share	-	17.18	17.16	16.50	18.00	21.08
Tangible Book Value	1,667	1,726	1,463	1,402	1,530	1,400
Tangible Book Value Per Share	-	16.92	16.93	16.24	17.71	20.63
Buildings	-	287.68	287.46	-	-	-
Machinery	-	2,954	2,913	2,829	2,726	2,697
Construction In Progress	-	28.62	39.3	86.24	138.56	52
Leasehold Improvements	-	-	-	287.38	286.35	346.24