TC S.A. Balance Sheet

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
Cash & Equivalents	25.42	33.11	83.46	147.61	318.43	6.18
Cash & Short-Term Investments	25.42	33.11	83.46	147.61	318.43	6.18
Cash Growth	-50.01%	-60.32%	-43.46%	-53.64%	5052.64%	1739.29%
Accounts Receivable	5.05	4.27	11.85	9.34	15.03	4.2
Other Receivables	32.46	23.88	12.14	12.51	11.83	0.03
Receivables	37.52	28.15	24	21.85	26.86	4.22
Prepaid Expenses	-	-	-	-	-	0.16
Other Current Assets	46.85	5.77	5.62	40.15	1.52	0.09
Total Current Assets	109.79	67.03	113.08	209.61	346.81	10.65
Property, Plant & Equipment	3.24	7.87	9.81	16.53	23.34	5.62
Long-Term Investments	53.64	52.01	76.62	127.24	110.59	-
Goodwill	10.92	34.71	40.9	97.46	88.12	-
Other Intangible Assets	18.17	39.96	50.04	84.45	54.67	2.59
Long-Term Deferred Tax Assets	-	0.17	0.19	35.3	20.24	-
Other Long-Term Assets	21.51	15.04	18.98	13.19	2.82	1.15
Total Assets	217.27	216.78	309.63	583.78	646.58	20.01
Accounts Payable	1.89	3.79	5.35	3.24	5.38	0.34
Accrued Expenses	1.44	1.83	3.02	5.16	6.61	0.41
Current Portion of Leases	0.01	0.78	0.55	3.49	3.66	1.01
Current Income Taxes Payable	0.65	0.28	0.4	0.74	0.84	1.65
Current Unearned Revenue	1.39	0.27	3.42	2.8	4.27	1.95
Other Current Liabilities	6.41	8.96	10.65	34.14	8.15	0.05
Total Current Liabilities	11.79	15.9	23.38	49.56	28.91	5.41
Long-Term Leases	-	1.84	-	0.51	4.36	2.04
Other Long-Term Liabilities	2.19	2.19	2.47	0.23	0.09	-
Total Liabilities	13.97	19.92	25.85	50.29	33.37	7.45
Common Stock	581.16	581.16	581.16	581.16	581.16	5
Retained Earnings	-419.26	-403.72	-317.78	-73.55	8.71	7.56
Treasury Stock	-4.87	-4.87	-5.41	-1.22	-13.3	-
Comprehensive Income & Other	26.11	25.98	25.98	25.98	36.64	-
Total Common Equity	183.15	198.55	283.95	532.37	613.21	12.56
Minority Interest	20.15	-1.69	-0.17	1.13	-	-
Shareholders' Equity	203.29	196.86	283.78	533.49	613.21	12.56
Total Liabilities & Equity	217.27	216.78	309.63	583.78	646.58	20.01
Total Debt	0.01	2.61	0.55	4	8.03	3.05
Net Cash (Debt)	25.41	30.5	82.91	143.62	310.41	3.13
Net Cash Growth	-46.95%	-63.21%	-42.27%	-53.73%	9820.36%	-
Net Cash Per Share	0.64	0.77	2.11	3.57	8.71	0.17
Filing Date Shares Outstanding	39.63	39.43	39.35	39.99	39.95	28.57
Total Common Shares Outstanding	39.63	39.43	39.35	39.99	39.95	28.57
Working Capital	98	51.13	89.69	160.05	317.9	5.24
Book Value Per Share	4.62	5.04	7.22	13.31	15.35	0.44
Tangible Book Value	154.06	123.88	193.01	350.46	470.42	9.98
Tangible Book Value Per Share	3.89	3.14	4.91	8.76	11.77	0.35
Machinery	13.31	13.46	13.37	13.46	12.71	2.24
Leasehold Improvements	5.49	6.06	6.67	6.36	5.65	0.67

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