Patria Investments Income Statement

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

Millions USD. 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
Operating Revenue	381.8	374.2	327.62	258.88	235.52
Other Revenue	-0.1	-	-	-	-
Revenue	381.7	374.2	327.62	258.88	235.52
Revenue Growth (YoY)	2.00%	14.22%	26.55%	9.92%	104.77%
Cost of Revenue	169	140.01	124.75	103.86	79.84
Gross Profit	212.7	234.19	202.87	155.01	155.67
Selling, General & Admin	43.8	45.58	38.38	30.47	13.99
Amortization of Goodwill & Intangibles	39.7	30.73	22.37	17.38	6.97
Other Operating Expenses	-	1.1	0.78	0.69	0.34
Operating Expenses	83.5	77.41	61.53	48.53	21.31
Operating Income	129.2	156.78	141.34	106.48	134.37
Interest Expense	-39	-11.4	-1.24	-1.81	-1.02
Earnings From Equity Investments	-	-0.51	-0.75	-2.35	-
Currency Exchange Gain (Loss)	-	2.58	0.22	-1.35	0.6
Other Non Operating Income (Expenses)	2	4.83	-17.46	-13.35	-4.14
EBT Excluding Unusual Items	92.2	152.28	122.1	87.63	129.81
Merger & Restructuring Charges	-	-26.81	-13.97	-6.36	-8.55
Gain (Loss) on Sale of Investments	-	-14.2	1.23	9.59	0.58
Other Unusual Items	-	-25.28	8.63	11.59	-0.26
Pretax Income	92.2	85.99	118	102.45	121.57
Income Tax Expense	1.7	10.31	-2.82	8.35	0.38
Earnings From Continuing Operations	90.5	75.69	120.82	94.1	121.19
Minority Interest in Earnings	-4.9	-3.81	-2.42	-1.15	1.29
Net Income	85.6	71.88	118.4	92.96	122.48
Net Income to Common	85.6	71.88	118.4	92.96	122.48
Net Income Growth	19.10%	-39.30%	27.37%	-24.10%	96.88%
Shares Outstanding (Basic)	158	153	148	147	136
Shares Outstanding (Diluted)	158	154	149	147	136
Shares Change (YoY)	2.63%	3.53%	0.99%	8.27%	16.23%
EPS (Basic)	0.54	0.47	0.80	0.63	0.90
EPS (Diluted)	0.54	0.47	0.80	0.63	0.90
EPS Growth	16.04%	-41.36%	26.13%	-29.90%	69.39%
Free Cash Flow	-	142.34	150.86	75.61	106.01
Free Cash Flow Per Share	-	0.93	1.01	0.51	0.78
Dividend Per Share	0.600	0.874	0.984	0.702	0.625
Dividend Growth	-31.35%	-11.18%	40.17%	12.37%	56.17%
Gross Margin	55.72%	62.58%	61.92%	59.88%	66.10%
Operating Margin	33.85%	41.90%	43.14%	41.13%	57.05%
Profit Margin	22.43%	19.21%	36.14%	35.91%	52.00%
Free Cash Flow Margin	-	38.04%	46.05%	29.21%	45.01%
EBITDA	169.04	187.83	164.64	124.87	141.76
EBITDA Margin	44.29%	50.20%	50.26%	48.24%	60.19%
D&A For EBITDA	39.84	31.05	23.31	18.39	7.39
EBIT	129.2	156.78	141.34	106.48	134.37
EBIT Margin	33.85%	41.90%	43.14%	41.13%	57.05%
Effective Tax Rate	1.84%	11.98%	-	8.15%	0.31%
Revenue as Reported	381.7	-	-	-	-

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