Klabin 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	2015 - 2019
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	2015 - 2019
Revenue	20,800	19,645	18,024	20,033	16,481	11,949	Upgrade
Revenue Growth (YoY)	10.19%	9.00%	-10.03%	21.55%	37.93%	16.33%	Upgrade
Cost of Revenue	14,715	13,362	12,421	12,427	10,268	7,907	Upgrade
Gross Profit	6,086	6,283	5,603	7,606	6,213	4,042	Upgrade
Selling, General & Admin	3,036	2,700	2,526	2,927	2,115	1,835	Upgrade
Other Operating Expenses	151.38	154.54	140.16	-71.98	-64.16	-30.48	Upgrade
Operating Expenses	3,187	2,855	2,667	2,855	2,050	1,805	Upgrade
Operating Income	2,899	3,429	2,936	4,751	4,163	2,237	Upgrade
Interest Expense	-2,047	-2,072	-859.63	-959.39	-1,317	-3,413	Upgrade
Interest & Investment Income	734.16	777.58	695.09	629.84	300.69	270.24	Upgrade
Earnings From Equity Investments	18.9	25.05	14.69	43.57	25.61	33.12	Upgrade
Currency Exchange Gain (Loss)	-99.15	-292.64	-87.06	406.74	173.01	-3,621	Upgrade
Other Non Operating Income (Expenses)	-799.08	-574.59	-323.63	-174.34	-246.91	-265.31	Upgrade
EBT Excluding Unusual Items	706.54	1,292	2,376	4,698	3,098	-4,759	Upgrade
Gain (Loss) on Sale of Investments	-66.37	-66.37	140.08	5.71	-	-	Upgrade
Gain (Loss) on Sale of Assets	52.67	-26.69	5.44	12.63	9.86	4.38	Upgrade
Asset Writedown	1,879	1,071	1,229	1,883	1,309	658.39	Upgrade
Legal Settlements	-	-	-	-	-	75.78	Upgrade
Other Unusual Items	-	-	63.39	-	-	206.06	Upgrade
Pretax Income	2,571	2,270	3,814	6,599	4,416	-3,814	Upgrade
Income Tax Expense	518.96	222.74	966.67	1,910	1,012	-1,425	Upgrade
Earnings From Continuing Operations	2,052	2,047	2,847	4,689	3,405	-2,389	Upgrade
Minority Interest in Earnings	-332.86	-215.93	-152.85	-227.65	-385	-98.38	Upgrade
Net Income	1,720	1,831	2,695	4,461	3,020	-2,488	Upgrade
Net Income to Common	1,720	1,831	2,695	4,461	3,020	-2,488	Upgrade
Net Income Growth	-16.69%	-32.05%	-39.60%	47.73%	-	-	Upgrade
Shares Outstanding (Basic)	6,077	6,082	6,067	6,051	6,041	6,032	Upgrade
Shares Outstanding (Diluted)	6,077	6,082	6,067	6,051	6,041	6,032	Upgrade
Shares Change (YoY)	-0.03%	0.25%	0.25%	0.18%	0.14%	4.08%	Upgrade
EPS (Basic)	0.28	0.30	0.44	0.74	0.50	-0.41	Upgrade
EPS (Diluted)	0.28	0.30	0.44	0.74	0.50	-0.41	Upgrade
EPS Growth	-16.66%	-32.22%	-39.75%	47.47%	-	-	Upgrade
Free Cash Flow	-2,255	-2,494	2,030	295.96	1,014	2,226	Upgrade
Free Cash Flow Per Share	-0.37	-0.41	0.34	0.05	0.17	0.37	Upgrade
Dividend Per Share	0.049	0.246	0.221	0.269	0.129	0.004	Upgrade
Dividend Growth	-80.97%	11.39%	-17.92%	108.69%	3122.50%	-97.39%	Upgrade
Gross Margin	29.26%	31.98%	31.09%	37.97%	37.70%	33.83%	Upgrade
Operating Margin	13.94%	17.45%	16.29%	23.72%	25.26%	18.72%	Upgrade
Profit Margin	8.27%	9.32%	14.95%	22.27%	18.32%	-20.82%	Upgrade
Free Cash Flow Margin	-10.84%	-12.70%	11.27%	1.48%	6.15%	18.63%	Upgrade
EBITDA	7,187	7,008	5,903	7,692	6,859	4,620	Upgrade
EBITDA Margin	34.55%	35.67%	32.75%	38.40%	41.62%	38.66%	Upgrade
D&A For EBITDA	4,288	3,579	2,967	2,941	2,696	2,383	Upgrade
EBIT	2,899	3,429	2,936	4,751	4,163	2,237	Upgrade
EBIT Margin	13.94%	17.45%	16.29%	23.72%	25.26%	18.72%	Upgrade
Effective Tax Rate	20.18%	9.81%	25.35%	28.95%	22.90%	-	Upgrade

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