Valid Soluções 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	491.11	699.2	569.47	422.03	365.16	390.04
Short-Term Investments	48.8	40.14	32.72	-	-	-
Cash & Short-Term Investments	539.91	739.33	602.2	422.03	365.16	390.04
Cash Growth	8.46%	22.77%	42.69%	15.57%	-6.38%	-19.83%
Accounts Receivable	440.56	452.26	471.85	386.93	347.12	428.87
Other Receivables	87.58	102.39	137.93	86.14	96.48	82.65
Receivables	528.14	554.65	609.78	473.07	443.59	511.52
Inventory	230.45	238.23	274.49	267.48	344.16	323.27
Other Current Assets	69.06	67.95	66.1	104.86	158.8	101.86
Total Current Assets	1,368	1,600	1,553	1,267	1,312	1,327
Property, Plant & Equipment	252.73	235.47	226.49	205.45	261.24	424.74
Long-Term Investments	132.05	144.15	114.88	32.42	68.92	70.94
Goodwill	560.48	587.38	561.72	476.7	452.59	582.66
Other Intangible Assets	234.94	205.85	144.53	179.65	213.66	312.19
Long-Term Accounts Receivable	-	-	-	-	3.82	5.6
Long-Term Deferred Tax Assets	84.77	103.44	75.12	93.64	103.86	115.53
Other Long-Term Assets	338.61	270.92	268.54	290.33	247.56	259.44
Total Assets	2,971	3,147	2,944	2,546	2,663	3,098
Accounts Payable	164.17	172.38	176.42	165.34	185.96	203.06
Accrued Expenses	162.05	178.85	181.67	152.43	138.74	118.98
Current Portion of Long-Term Debt	183.63	157.75	106.2	163.77	272.05	423.53
Current Portion of Leases	8.87	9.32	9.93	8.29	9.75	22.74
Current Income Taxes Payable	-	1.82	21.08	16.38	13.82	3.16
Other Current Liabilities	76.85	140.27	44.07	44.97	81.89	82.84
Total Current Liabilities	595.56	660.4	539.37	551.17	702.22	854.31
Long-Term Debt	501.48	601.26	473.71	529.61	568.07	726.68
Long-Term Leases	16.51	16.27	9.38	8.29	17.28	93.68
Long-Term Deferred Tax Liabilities	24.32	28.2	13.43	9.94	9.59	38.34
Other Long-Term Liabilities	110.06	120.35	85.86	115.35	93.52	78.26
Total Liabilities	1,248	1,426	1,122	1,214	1,391	1,791
Common Stock	1,022	1,022	1,022	1,022	1,022	1,004
Retained Earnings	552.62	506.93	469.06	199.62	38.71	45.77
Treasury Stock	-41.56	-78.3	-49.38	-25.32	-25.67	-31.8
Comprehensive Income & Other	179.99	255.87	352.65	101.79	199.95	241.31
Total Common Equity	1,713	1,707	1,795	1,298	1,235	1,259
Minority Interest	9.79	14.03	27.39	32.81	37.31	47.72
Shareholders' Equity	1,723	1,721	1,822	1,331	1,273	1,307
Total Liabilities & Equity	2,971	3,147	2,944	2,546	2,663	3,098
Total Debt	710.48	784.59	599.22	709.95	867.16	1,267
Net Cash (Debt)	-170.57	-34.28	16.28	-287.93	-490.05	-876.58
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.17	-0.44	0.20	-3.60	-6.16	-11.21
Filing Date Shares Outstanding	80.24	78.46	79.14	80.13	79.82	79.71
Total Common Shares Outstanding	80.24	78.46	79.14	80.13	79.82	79.71
Working Capital	772	939.76	1,013	716.27	609.5	472.38
Book Value Per Share	21.35	21.75	22.68	16.20	15.48	15.79
Tangible Book Value	918.01	913.64	1,088	642.12	569.12	363.96
Tangible Book Value Per Share	11.44	11.64	13.75	8.01	7.13	4.57
Land	3.22	3.22	3.22	3.22	3.22	3.68
Buildings	90.16	83.44	82.34	89.39	97.24	103.95
Machinery	657.34	631.85	608.87	512.24	646.79	806.34
Construction In Progress	1.84	2.29	0.65	3.31	3.5	6.14
Leasehold Improvements	46.77	48.47	48.75	34.16	36.48	119.56