Veste S.A. Estilo 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	1,204	1,112	1,110	1,066	875.92	598.82
Revenue Growth (YoY)	10.98%	0.16%	4.12%	21.69%	46.27%	-37.24%
Cost of Revenue	438.93	408.29	380.99	405.42	418.71	303.7
Gross Profit	764.91	703.27	728.84	660.48	457.21	295.11
Selling, General & Admin	687.77	658.64	672.59	628.53	556.13	567.65
Other Operating Expenses	-5.31	-1.55	20.99	-202.02	571.18	934.7
Operating Expenses	685.2	659.83	696.36	446.67	1,135	1,551
Operating Income	79.72	43.44	32.48	213.81	-677.52	-1,256
Interest Expense	-40.19	-56.11	-58.87	-	-	-130.14
Interest & Investment Income	6.11	6.07	7.29	-	-	4.53
Currency Exchange Gain (Loss)	-0.07	0.12	-0.59	-	-	-
Other Non Operating Income (Expenses)	-25.33	-4.16	-30.84	-245.35	-159.83	-
EBT Excluding Unusual Items	20.24	-10.64	-50.52	-31.54	-837.34	-1,381
Pretax Income	20.24	-10.64	-50.52	-31.54	-837.34	-1,381
Income Tax Expense	-	-11.31	-73.3	-86.81	-33.03	623.8
Net Income	20.24	0.67	22.78	55.28	-804.31	-2,005
Net Income to Common	20.24	0.67	22.78	55.28	-804.31	-2,005
Net Income Growth	-	-97.08%	-58.79%	-	-	-
Shares Outstanding (Basic)	114	114	113	106	9	9
Shares Outstanding (Diluted)	114	114	113	106	9	9
Shares Change (YoY)	0.45%	1.10%	6.21%	1132.51%	-	29.82%
EPS (Basic)	0.18	0.01	0.20	0.52	-93.46	-232.98
EPS (Diluted)	0.18	0.01	0.20	0.52	-93.46	-232.98
EPS Growth	-	-97.12%	-61.20%	-	-	-
Free Cash Flow	165.18	200.2	110.64	169.08	97.68	-334.87
Free Cash Flow Per Share	1.45	1.76	0.98	1.59	11.35	-38.91
Dividend Per Share	0.001	0.001	0.047	0.116	-	-
Dividend Growth	-97.08%	-97.08%	-58.99%	-	-	-
Gross Margin	63.54%	63.27%	65.67%	61.97%	52.20%	49.28%
Operating Margin	6.62%	3.91%	2.93%	20.06%	-77.35%	-209.69%
Profit Margin	1.68%	0.06%	2.05%	5.19%	-91.83%	-334.84%
Free Cash Flow Margin	13.72%	18.01%	9.97%	15.86%	11.15%	-55.92%
EBITDA	110.34	73.12	65.98	393.85	33.34	-126.41
EBITDA Margin	9.17%	6.58%	5.95%	36.95%	3.81%	-21.11%
D&A For EBITDA	30.62	29.68	33.5	180.04	710.85	1,129
EBIT	79.72	43.44	32.48	213.81	-677.52	-1,256
EBIT Margin	6.62%	3.91%	2.93%	20.06%	-77.35%	-209.69%

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