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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	40,965	37,987	32,504	29,905	23,563	17,470
Revenue Growth (YoY)	20.69%	16.87%	8.69%	26.91%	34.88%	30.88%
Cost of Revenue	27,196	25,173	21,703	21,209	16,602	12,032
Gross Profit	13,769	12,814	10,801	8,695	6,961	5,438
Selling, General & Admin	4,775	4,264	3,453	3,046	2,609	2,161
Other Operating Expenses	834.82	821.36	825.3	606.16	561.52	451.65
Operating Expenses	5,664	5,134	4,308	3,644	3,171	2,625
Operating Income	8,104	7,680	6,493	5,052	3,790	2,812
Interest Expense	-153.7	-166.73	-150.06	-1,133	-51.97	-76.84
Interest & Investment Income	531.9	550.92	675.56	1,197	123.01	84.89
Earnings From Equity Investments	-7.52	-5.2	0.11	-	-	3.87
Currency Exchange Gain (Loss)	-3.68	203.82	-267.13	-	54.46	-77.58
Other Non Operating Income (Expenses)	-206.68	-370.04	-134.76	-	-104.32	-0.13
EBT Excluding Unusual Items	8,265	7,893	6,617	5,116	3,811	2,747
Gain (Loss) on Sale of Assets	-4.69	-4.69	-69.08	-	-	-
Legal Settlements	-	-	28.93	-	518.62	-
Other Unusual Items	20.28	20.28	13.92	-	-	-
Pretax Income	8,289	7,909	6,591	5,116	4,330	2,747
Income Tax Expense	1,530	1,590	723.18	842.77	672.56	350.69
Earnings From Continuing Operations	6,759	6,319	5,868	4,273	3,657	2,396
Minority Interest in Earnings	-348.33	-276.17	-135.95	-64.79	-71.53	-55.08
Net Income	6,411	6,043	5,732	4,208	3,586	2,341
Net Income to Common	6,411	6,043	5,732	4,208	3,586	2,341
Net Income Growth	10.04%	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)	4,196	4,196	4,197	4,197	4,197	4,197
Shares Change (YoY)	0.01%	-0.01%	-0.01%	0.01%	-0.01%	-0.01%
EPS (Basic)	1.53	1.44	1.37	1.00	0.85	0.56
EPS (Diluted)	1.53	1.44	1.37	1.00	0.85	0.56
EPS Growth	10.03%	5.43%	36.22%	17.34%	53.21%	44.98%
Free Cash Flow	3,944	5,472	5,436	1,826	275.21	3,449
Free Cash Flow Per Share	0.94	1.30	1.29	0.43	0.07	0.82
Dividend Per Share	0.772	0.761	0.650	0.510	0.454	0.297
Dividend Growth	7.58%	17.02%	27.44%	12.24%	52.73%	48.75%
Gross Margin	33.61%	33.73%	33.23%	29.08%	29.54%	31.13%
Operating Margin	19.78%	20.22%	19.98%	16.89%	16.09%	16.10%
Profit Margin	15.65%	15.91%	17.63%	14.07%	15.22%	13.40%
Free Cash Flow Margin	9.63%	14.40%	16.72%	6.10%	1.17%	19.74%
EBITDA	8,780	8,338	6,990	5,617	4,198	3,181
EBITDA Margin	21.43%	21.95%	21.51%	18.78%	17.82%	18.21%
D&A For EBITDA	676.27	657.51	497.13	565.56	407.54	368.96
EBIT	8,104	7,680	6,493	5,052	3,790	2,812
EBIT Margin	19.78%	20.22%	19.98%	16.89%	16.09%	16.10%
Effective Tax Rate	18.45%	20.10%	10.97%	16.47%	15.53%	12.77%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.