BVMF:WLMM4 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	3,016	3,124	2,391	1,980	1,851
Revenue Growth (YoY)	-3.48%	30.69%	20.72%	6.98%	90.37%
Cost of Revenue	2,633	2,756	2,094	1,715	1,611
Gross Profit	382.79	368.55	297	265.28	240.53
Selling, General & Admin	228.97	185.08	149.53	131.27	117.58
Other Operating Expenses	-18.39	-23.07	-16.17	-20.82	-13.16
Operating Expenses	210.58	162	133.36	110.45	104.42
Operating Income	172.21	206.55	163.64	154.83	136.11
Interest Expense	-48.06	-17.76	-8.25	-2.05	-1.36
Interest & Investment Income	15.79	8.88	9.37	16.05	10.44
Earnings From Equity Investments	-1.8	0.67	0.13	0.12	0.03
Other Non Operating Income (Expenses)	-11.76	-11.79	-4.37	-1.58	-
EBT Excluding Unusual Items	126.39	186.55	160.51	167.37	145.21
Asset Writedown	1.48	3.9	-3.83	-1.96	-
Pretax Income	127.87	190.45	156.68	165.41	145.21
Income Tax Expense	38.33	61.06	42.03	48.11	39.41
Earnings From Continuing Operations	89.54	129.39	114.65	117.29	105.8
Earnings From Discontinued Operations	-2.65	-0.01	-0.06	-0.02	-0.08
Net Income to Company	86.89	129.38	114.59	117.27	105.73
Minority Interest in Earnings	-0.41	0.02	0.05	0.02	0.01
Net Income	86.48	129.4	114.64	117.3	105.73
Net Income to Common	86.48	129.4	114.64	117.3	105.73
Net Income Growth	-33.16%	12.87%	-2.27%	10.94%	94.35%
Shares Outstanding (Basic)	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36
EPS (Basic)	2.37	3.55	3.15	3.22	2.90
EPS (Diluted)	2.37	3.55	3.15	3.22	2.90
EPS Growth	-33.16%	12.87%	-2.27%	10.94%	94.35%
Free Cash Flow	99.96	-94.09	-16.99	-161.27	38.23
Free Cash Flow Per Share	2.75	-2.58	-0.47	-4.43	1.05
Dividend Per Share	-	-	1.551	0.958	0.656
Dividend Growth	-	-	62.00%	45.91%	-
Gross Margin	12.69%	11.80%	12.42%	13.40%	12.99%
Operating Margin	5.71%	6.61%	6.84%	7.82%	7.35%
Profit Margin	2.87%	4.14%	4.79%	5.92%	5.71%
Free Cash Flow Margin	3.31%	-3.01%	-0.71%	-8.14%	2.07%
EBITDA	194.49	216.9	168.44	158.79	140.06
EBITDA Margin	6.45%	6.94%	7.05%	8.02%	7.57%
D&A For EBITDA	22.28	10.35	4.8	3.96	3.95
EBIT	172.21	206.55	163.64	154.83	136.11
EBIT Margin	5.71%	6.61%	6.84%	7.82%	7.35%
Effective Tax Rate	29.98%	32.06%	26.82%	29.09%	27.14%
Revenue as Reported	-	-	-	1,975	1,859
Advertising Expenses	3.8	3.21	1.78	1.71	-

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