BVMF:VAMO3 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	6,044	5,756	4,699	3,549	4,913	2,823
Revenue Growth (YoY)	22.02%	22.48%	32.42%	-27.77%	74.02%	86.59%
Cost of Revenue	2,992	2,738	1,694	1,184	2,821	1,790
Gross Profit	3,052	3,018	3,005	2,364	2,092	1,033
Selling, General & Admin	363.68	340.2	260.99	250.69	213.12	279.09
Other Operating Expenses	-25.16	-25.86	-3.28	-	-24.81	-15.21
Operating Expenses	427.59	405.65	442.33	335.36	188.3	279.62
Operating Income	2,625	2,612	2,563	2,029	1,904	753.64
Interest Expense	-2,289	-2,273	-1,780	-1,388	-	-283.21
Interest & Investment Income	596.89	528.96	309.24	161.35	-	109.41
Currency Exchange Gain (Loss)	260.98	139.42	-135.1	37.69	-	-
Other Non Operating Income (Expenses)	-796.11	-573.84	-14.47	-291.75	-	-
Pretax Income	398.03	433.4	942.61	548.59	1,904	579.84
Income Tax Expense	90.52	104.7	217.68	51.04	112.36	177.46
Earnings From Continuing Operations	307.51	328.7	724.93	497.56	1,792	402.38
Earnings From Discontinued Operations	-	-	-343.96	89.4	-	-
Net Income	307.51	328.7	380.97	586.96	1,792	402.38
Net Income to Common	307.51	328.7	380.97	586.96	1,792	402.38
Net Income Growth	0.56%	-13.72%	-35.09%	-67.24%	345.29%	124.55%
Shares Outstanding (Basic)	1,058	1,057	1,087	1,057	2,632	910
Shares Outstanding (Diluted)	1,059	1,057	1,087	1,057	2,632	910
Shares Change (YoY)	-1.83%	-2.83%	2.88%	-59.85%	189.21%	18.73%
EPS (Basic)	0.29	0.31	0.35	0.56	0.68	0.44
EPS (Diluted)	0.29	0.31	0.35	0.56	0.68	0.44
EPS Growth	2.46%	-11.19%	-36.91%	-18.42%	53.97%	89.12%
Free Cash Flow	813.63	-914.46	-757.43	-3,242	-3,311	-4,919
Free Cash Flow Per Share	0.77	-0.86	-0.70	-3.07	-1.26	-5.41
Dividend Per Share	0.141	0.141	-	-	0.279	0.196
Dividend Growth	-	-	-	-	42.16%	-6.63%
Gross Margin	50.50%	52.43%	63.95%	66.63%	42.59%	36.59%
Operating Margin	43.43%	45.38%	54.54%	57.18%	38.75%	26.69%
Profit Margin	5.09%	5.71%	8.11%	16.54%	36.47%	14.25%
Free Cash Flow Margin	13.46%	-15.89%	-16.12%	-91.34%	-67.38%	-174.22%
EBITDA	3,689	3,626	3,275	2,576	2,226	1,050
EBITDA Margin	61.04%	63.00%	69.69%	72.59%	45.30%	37.18%
D&A For EBITDA	1,065	1,014	711.91	547.12	321.96	296.11
EBIT	2,625	2,612	2,563	2,029	1,904	753.64
EBIT Margin	43.43%	45.38%	54.54%	57.18%	38.75%	26.69%
Effective Tax Rate	22.74%	24.16%	23.09%	9.30%	5.90%	30.61%
Advertising Expenses	-	9.21	12.04	8.69	-	-

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