Veste S.A. Estilo Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,231	1,112	1,110	1,066	875.92
Revenue Growth (YoY)	10.74%	0.16%	4.12%	21.69%	46.27%
Cost of Revenue	447.25	408.29	380.99	405.42	418.71
Gross Profit	783.7	703.27	728.84	660.48	457.21
Selling, General & Admin	700.97	661.38	675.37	628.53	556.13
Other Operating Expenses	-2.71	-1.55	20.99	-202.02	571.18
Operating Expenses	698.26	659.83	696.36	446.67	1,135
Operating Income	85.44	43.44	32.48	213.81	-677.52
Interest Expense	-62.62	-56.11	-	-	-
Interest & Investment Income	6.2	6.07	-	-	-
Currency Exchange Gain (Loss)	-0.07	0.12	-	-	-
Other Non Operating Income (Expenses)	-4.54	-4.16	-83	-245.35	-159.83
EBT Excluding Unusual Items	24.41	-10.64	-50.52	-31.54	-837.34
Pretax Income	24.41	-10.64	-50.52	-31.54	-837.34
Income Tax Expense	-	-11.31	-73.3	-86.81	-33.03
Net Income	24.41	0.67	22.78	55.28	-804.31
Net Income to Common	24.41	0.67	22.78	55.28	-804.31
Net Income Growth	3570.53%	-97.08%	-58.79%	-	-
Shares Outstanding (Basic)	114	114	113	106	9
Shares Outstanding (Diluted)	114	114	113	106	9
Shares Change (YoY)	0.43%	1.10%	6.21%	1132.51%	-
EPS (Basic)	0.21	0.01	0.20	0.52	-93.46
EPS (Diluted)	0.21	0.01	0.20	0.52	-93.46
EPS Growth	3555.00%	-97.11%	-61.20%	-	-
Free Cash Flow	190.22	200.2	110.64	169.08	97.68
Free Cash Flow Per Share	1.66	1.76	0.98	1.59	11.35
Dividend Per Share	-	0.001	0.047	0.116	-
Dividend Growth	-	-97.08%	-58.99%	-	-
Gross Margin	63.67%	63.27%	65.67%	61.97%	52.20%
Operating Margin	6.94%	3.91%	2.93%	20.06%	-77.35%
Profit Margin	1.98%	0.06%	2.05%	5.19%	-91.83%
Free Cash Flow Margin	15.45%	18.01%	9.97%	15.86%	11.15%
EBITDA	113.53	72.21	203.41	393.85	33.34
EBITDA Margin	9.22%	6.50%	18.33%	36.95%	3.81%
D&A For EBITDA	28.09	28.77	170.93	180.04	710.85
EBIT	85.44	43.44	32.48	213.81	-677.52
EBIT Margin	6.94%	3.91%	2.93%	20.06%	-77.35%

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