BVMF:VTRU3 Balance Sheet

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
Cash & Equivalents	34.27	21.55	12.97	47.19	75.59	85.93
Short-Term Investments	751.11	428.97	220.3	26.39	253.04	515.2
Cash & Short-Term Investments	785.38	450.53	233.27	73.58	328.63	601.13
Cash Growth	49.51%	93.13%	217.05%	-77.61%	-45.33%	703.89%
Accounts Receivable	286.45	301.52	274.91	256.11	140.56	115.12
Other Receivables	14.5	10.68	2.3	6.99	7.75	2.24
Receivables	300.94	312.2	277.21	263.1	148.31	117.36
Prepaid Expenses	51.93	43.6	0.3	15.32	30.01	6.15
Other Current Assets	4.14	6.24	59.85	19.55	7.84	7.15
Total Current Assets	1,142	812.56	570.64	371.54	514.78	731.79
Property, Plant & Equipment	592.41	571.44	555.54	544.97	242.94	224.59
Goodwill	1,863	1,863	1,863	1,863	304.82	304.82
Other Intangible Assets	2,280	2,343	2,480	2,565	365.34	356.14
Long-Term Accounts Receivable	90.87	96.32	126.4	95.13	5.93	6.92
Long-Term Deferred Tax Assets	106.75	101.97	226.96	203.04	83.35	50.78
Other Long-Term Assets	40.86	37.55	39.53	16.76	10.27	12.82
Total Assets	6,116	5,825	5,861	5,659	1,527	1,688
Accounts Payable	113.14	143.75	111.73	99.7	41.71	32.24
Accrued Expenses	156.87	89.8	107.8	43.11	25.02	26.79
Current Portion of Long-Term Debt	114.33	14.02	1,505	131.16	-	151.76
Current Portion of Leases	59.74	56.32	51.62	51.31	27.2	23.37
Current Income Taxes Payable	10.5	13.66	-	16.01	3.25	2.4
Current Unearned Revenue	31.32	32.36	45.33	43.61	10.32	9.66
Other Current Liabilities	1.55	5.43	44.13	7.48	151.84	136.35
Total Current Liabilities	487.45	355.34	1,866	392.37	259.34	382.56
Long-Term Debt	2,335	2,337	684.83	1,489	-	-
Long-Term Leases	276.09	270.14	276.21	272.03	134.33	125.99
Long-Term Deferred Tax Liabilities	142.81	265.32	730.9	773.39	-	-
Other Long-Term Liabilities	39.76	39.76	53.26	557.81	67.63	201.35
Total Liabilities	3,281	3,267	3,611	3,485	461.3	709.9
Common Stock	2,196	2,196	2,031	0.01	0.01	0.01
Additional Paid-In Capital	-	-	-	2,042	1,031	1,021
Retained Earnings	572.18	296.03	175.22	119.85	26.53	-44.11
Treasury Stock	-	-3.83	-	-	-	-
Comprehensive Income & Other	66.21	69.55	43.61	12.96	8.8	1.52
Shareholders' Equity	2,835	2,558	2,250	2,174	1,066	977.95
Total Liabilities & Equity	6,116	5,825	5,861	5,659	1,527	1,688
Total Debt	2,786	2,677	2,518	1,944	161.53	301.11
Net Cash (Debt)	-2,000	-2,227	-2,285	-1,870	167.1	300.02
Net Cash Growth	-	-	-	-	-44.30%	-
Net Cash Per Share	-14.28	-15.86	-17.03	-64.82	6.84	15.41
Filing Date Shares Outstanding	133.65	133.65	33.83	33.69	23.33	23.06
Total Common Shares Outstanding	133.65	133.65	33.83	33.69	23.33	23.06
Working Capital	654.95	457.22	-1,295	-20.83	255.44	349.23
Book Value Per Share	21.21	19.14	66.52	64.55	45.70	42.41
Tangible Book Value	-1,308	-1,647	-2,092	-2,253	395.98	317
Tangible Book Value Per Share	-9.79	-12.33	-61.84	-66.89	16.97	13.75
Land	4.57	4.57	4.57	4.57	-	-
Machinery	301.57	274.83	232.28	252.17	-	77.03
Construction In Progress	2.58	12.14	9.83	10.65	-	0.03
Leasehold Improvements	122.05	102.6	94.68	85.43	-	69.46

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