WEG S.A. (WEGZY)

WEG S.A. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	41,380	37,987	32,504	29,905	23,563	17,470
Revenue Growth (YoY)	15.82%	16.87%	8.69%	26.91%	34.88%	30.88%
Cost of Revenue	27,561	25,173	21,703	21,209	16,602	12,032
Gross Profit	13,818	12,814	10,801	8,695	6,961	5,438
Selling, General & Admin	4,815	4,264	3,453	3,046	2,609	2,161
Other Operating Expenses	824.07	821.36	825.3	606.16	561.52	451.65
Operating Expenses	5,711	5,134	4,308	3,644	3,171	2,625
Operating Income	8,107	7,680	6,493	5,052	3,790	2,812
Interest Expense	-137.68	-166.73	-150.06	-1,133	-51.97	-76.84
Interest & Investment Income	555.12	550.92	675.56	1,197	123.01	84.89
Earnings From Equity Investments	-11.3	-5.2	0.11	-	-	3.87
Currency Exchange Gain (Loss)	-119.99	203.82	-267.13	-	54.46	-77.58
Other Non Operating Income (Expenses)	-160.59	-370.04	-134.76	-	-104.32	-0.13
EBT Excluding Unusual Items	8,232	7,893	6,617	5,116	3,811	2,747
Gain (Loss) on Sale of Assets	29.32	-4.69	-69.08	-	-	-
Legal Settlements	-	-	28.93	-	518.62	-
Other Unusual Items	20.28	20.28	13.92	-	-	-
Pretax Income	8,282	7,909	6,591	5,116	4,330	2,747
Income Tax Expense	1,439	1,590	723.18	842.77	672.56	350.69
Earnings From Continuing Operations	6,844	6,319	5,868	4,273	3,657	2,396
Minority Interest in Earnings	-360.77	-276.17	-135.95	-64.79	-71.53	-55.08
Net Income	6,483	6,043	5,732	4,208	3,586	2,341
Net Income to Common	6,483	6,043	5,732	4,208	3,586	2,341
Net Income Growth	6.39%	5.42%	36.21%	17.35%	53.19%	44.98%
Shares Outstanding (Basic)	4,196	4,195	4,196	4,196	4,196	4,195
Shares Outstanding (Diluted)	4,197	4,196	4,197	4,197	4,197	4,197
Shares Change (YoY)	0.00%	-0.01%	-0.01%	0.01%	-0.01%	-0.01%
EPS (Basic)	1.55	1.44	1.37	1.00	0.85	0.56
EPS (Diluted)	1.54	1.44	1.37	1.00	0.85	0.56
EPS Growth	6.39%	5.43%	36.22%	17.34%	53.21%	44.98%
Free Cash Flow	4,428	5,472	5,436	1,826	275.21	3,449
Free Cash Flow Per Share	1.05	1.30	1.29	0.43	0.07	0.82
Dividend Per Share	0.839	0.761	0.650	0.510	0.454	0.297
Dividend Growth	38.49%	17.02%	27.44%	12.24%	52.73%	48.75%
Gross Margin	33.39%	33.73%	33.23%	29.08%	29.54%	31.13%
Operating Margin	19.59%	20.22%	19.98%	16.89%	16.09%	16.10%
Profit Margin	15.67%	15.91%	17.63%	14.07%	15.22%	13.40%
Free Cash Flow Margin	10.70%	14.40%	16.72%	6.10%	1.17%	19.74%
EBITDA	8,763	8,338	6,990	5,617	4,198	3,181
EBITDA Margin	21.18%	21.95%	21.51%	18.78%	17.82%	18.21%
D&A For EBITDA	656	657.51	497.13	565.56	407.54	368.96
EBIT	8,107	7,680	6,493	5,052	3,790	2,812
EBIT Margin	19.59%	20.22%	19.98%	16.89%	16.09%	16.10%
Effective Tax Rate	17.37%	20.10%	10.97%	16.47%	15.53%	12.77%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.