BVMF:VTRU3 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	2,231	2,142	1,963	1,317	631.15	519.18
Revenue Growth (YoY)	5.21%	9.13%	48.98%	108.72%	21.57%	12.60%
Cost of Revenue	781.16	746.65	669.48	502.33	240.92	221.45
Gross Profit	1,450	1,395	1,293	815.02	390.22	297.73
Selling, General & Admin	671.26	657.43	606.08	424.17	200.83	160.46
Other Operating Expenses	1.19	2.53	-1.59	-4.42	0.31	2.54
Operating Expenses	903.78	892.07	868.03	607.29	311.83	239.84
Operating Income	546.06	503.1	425.01	207.73	78.4	57.89
Interest Expense	-452.19	-446.5	-338.47	-234.2	-65.06	-56.27
Interest & Investment Income	87.66	56.43	56.62	57.94	41.44	22.01
Currency Exchange Gain (Loss)	0.05	-2.19	-0.63	-1.61	2.11	10.84
Other Non Operating Income (Expenses)	-12.39	-36.16	-22.61	-22	-7.85	-4.44
EBT Excluding Unusual Items	169.19	74.69	119.92	7.86	49.04	30.03
Gain (Loss) on Sale of Assets	-0.16	1.08	-	-	-	-
Asset Writedown	-55.58	-56.44	-9.44	-11.37	-0.01	-
Other Unusual Items	-14.27	-15.25	-0.61	4.63	0.38	3.05
Pretax Income	102.28	4.08	109.87	1.12	49.41	33.08
Income Tax Expense	-367.66	-284.68	-12.8	-92.2	-21.24	-19.03
Net Income	469.94	288.75	122.67	93.32	70.65	52.11
Net Income to Common	469.94	288.75	122.67	93.32	70.65	52.11
Net Income Growth	578.61%	135.39%	31.45%	32.09%	35.56%	-
Shares Outstanding (Basic)	134	134	134	27	23	19
Shares Outstanding (Diluted)	140	140	134	29	24	19
Shares Change (YoY)	-1.91%	4.65%	365.08%	18.06%	25.54%	15.53%
EPS (Basic)	3.51	2.15	0.91	3.52	3.08	2.79
EPS (Diluted)	3.36	2.06	0.91	3.23	2.89	2.68
EPS Growth	593.20%	126.37%	-71.83%	11.77%	7.84%	-
Free Cash Flow	325.84	197.64	192.84	81.15	39.04	50.37
Free Cash Flow Per Share	2.33	1.41	1.44	2.81	1.60	2.59
Dividend Per Share	0.022	0.022	-	-	-	-
Gross Margin	64.99%	65.14%	65.89%	61.87%	61.83%	57.35%
Operating Margin	24.48%	23.49%	21.66%	15.77%	12.42%	11.15%
Profit Margin	21.06%	13.48%	6.25%	7.08%	11.19%	10.04%
Free Cash Flow Margin	14.61%	9.23%	9.83%	6.16%	6.19%	9.70%
EBITDA	628.62	643	576.93	289.35	98.28	77.51
EBITDA Margin	28.18%	30.02%	29.40%	21.96%	15.57%	14.93%
D&A For EBITDA	82.56	139.91	151.91	81.62	19.88	19.62
EBIT	546.06	503.1	425.01	207.73	78.4	57.89
EBIT Margin	24.48%	23.49%	21.66%	15.77%	12.42%	11.15%
Advertising Expenses	-	276.11	255.51	-	-	-

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