BVMF:VAMO3 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	5,466	4,699	3,549	4,913	2,823	1,513
Revenue Growth (YoY)	125.67%	32.42%	-27.77%	74.02%	86.59%	24.90%
Cost of Revenue	2,493	1,694	1,184	2,821	1,790	995.47
Gross Profit	2,973	3,005	2,364	2,092	1,033	517.72
Selling, General & Admin	319.89	260.99	250.69	213.12	279.09	162.04
Other Operating Expenses	-15.08	-3.28	-	-24.81	-15.21	-14.9
Operating Expenses	419.12	442.33	335.36	188.3	279.62	148.16
Operating Income	2,554	2,563	2,029	1,904	753.64	369.56
Interest Expense	-2,171	-1,771	-1,388	-	-283.21	-153.18
Interest & Investment Income	470.25	309.24	161.35	-	109.41	17.26
Currency Exchange Gain (Loss)	137.85	-135.1	37.69	-	-	-46.64
Other Non Operating Income (Expenses)	-468.67	-24.06	-291.75	-	-	70.46
Pretax Income	522.28	942.61	548.59	1,904	579.84	257.46
Income Tax Expense	107.27	217.68	51.04	112.36	177.46	78.27
Earnings From Continuing Operations	415.01	724.93	497.56	1,792	402.38	179.19
Earnings From Discontinued Operations	-281.92	-343.96	89.4	-	-	-
Net Income	133.1	380.97	586.96	1,792	402.38	179.19
Net Income to Common	133.1	380.97	586.96	1,792	402.38	179.19
Net Income Growth	-80.83%	-35.09%	-67.24%	345.29%	124.55%	26.39%
Shares Outstanding (Basic)	1,061	1,087	1,057	2,632	910	767
Shares Outstanding (Diluted)	1,061	1,087	1,057	2,632	910	767
Shares Change (YoY)	-2.98%	2.88%	-59.85%	189.21%	18.73%	-
EPS (Basic)	0.13	0.35	0.56	0.68	0.44	0.23
EPS (Diluted)	0.13	0.35	0.56	0.68	0.44	0.23
EPS Growth	-80.24%	-36.91%	-18.42%	53.97%	89.12%	26.39%
Free Cash Flow	-1,695	-2,735	-3,242	-3,311	-4,919	-662.75
Free Cash Flow Per Share	-1.60	-2.52	-3.07	-1.26	-5.41	-0.86
Dividend Per Share	0.141	-	-	0.279	0.196	0.210
Dividend Growth	-	-	-	42.16%	-6.63%	663.64%
Gross Margin	54.39%	63.95%	66.63%	42.59%	36.59%	34.21%
Operating Margin	46.72%	54.54%	57.18%	38.75%	26.69%	24.42%
Profit Margin	2.44%	8.11%	16.54%	36.47%	14.25%	11.84%
Free Cash Flow Margin	-31.02%	-58.20%	-91.34%	-67.38%	-174.22%	-43.80%
EBITDA	3,466	3,275	2,576	2,226	1,050	628.04
EBITDA Margin	63.42%	69.69%	72.59%	45.30%	37.18%	41.50%
D&A For EBITDA	912.78	711.91	547.12	321.96	296.11	258.48
EBIT	2,554	2,563	2,029	1,904	753.64	369.56
EBIT Margin	46.72%	54.54%	57.18%	38.75%	26.69%	24.42%
Effective Tax Rate	20.54%	23.09%	9.30%	5.90%	30.61%	30.40%
Advertising Expenses	-	12.04	8.69	-	-	2.55

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