Cielo S.A. (CIOXY)

Cielo Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	10,601	10,693	11,685	11,186	11,347
Revenue Growth (YoY)	-0.86%	-8.49%	4.46%	-1.42%	-2.90%
Cost of Revenue	5,609	6,269	8,287	8,071	7,252
Gross Profit	4,992	4,424	3,398	3,115	4,095
Selling, General & Admin	501.22	488.46	624.6	883.07	986.13
Research & Development	1.22	1.32	0	0	0
Other Operating Expenses	-33.3	-30.38	-73.81	-61.38	-7.7
Operating Expenses	1,739	1,632	1,713	2,223	2,158
Operating Income	3,503	2,685	1,576	829.49	1,938
Interest Income	328.56	1,413	721.23	680.74	1,300
Interest Expense	1,932	1,612	754.81	473.13	706.93
Other Expense / Income	-1,068.65	490.01	228.96	227.39	248.46
Pretax Income	3,350	2,299	1,501	950.97	2,521
Income Tax	881.9	584.01	342.86	319.46	735.36
Net Income	2,087	1,411	970.47	490.25	1,547
Net Income Growth	47.85%	45.44%	97.95%	-68.32%	-50.72%
Shares Outstanding (Basic)	2,692	2,704	2,709	2,710	2,713
Shares Outstanding (Diluted)	2,710	2,724	2,709	2,718	2,717
Shares Change	-0.52%	0.57%	-0.35%	0.06%	-0.01%
EPS (Basic)	0.78	0.52	0.36	0.18	0.57
EPS (Diluted)	0.77	0.52	0.36	0.18	0.57
EPS Growth	48.08%	44.44%	100.00%	-68.42%	-50.86%
Free Cash Flow	444.97	-2,834.57	1,091	2,476	804.06
Free Cash Flow Per Share	0.16	-1.04	0.40	0.91	0.30
Gross Margin	47.09%	41.38%	29.08%	27.85%	36.09%
Operating Margin	33.04%	25.11%	13.49%	7.42%	17.08%
Profit Margin	19.69%	13.20%	8.30%	4.38%	13.64%
Free Cash Flow Margin	4.20%	-26.51%	9.34%	22.14%	7.09%
Effective Tax Rate	26.32%	25.41%	22.84%	33.59%	29.17%
EBITDA	5,944	5,015	3,476	2,740	4,316
EBITDA Margin	56.07%	46.90%	29.75%	24.49%	38.03%
Depreciation & Amortization	912.68	981.68	1,101	1,229	1,072
EBIT	5,031	4,033	2,376	1,511	3,244
EBIT Margin	47.46%	37.72%	20.33%	13.51%	28.59%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.