Nvni Group Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020
Period Ending	Dec '22 Dec 31, 2022	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	124.55	124.55	89.86	12.14
Revenue Growth (YoY)	-	38.59%	639.99%	-
Cost of Revenue	52.81	52.81	35.83	2
Gross Profit	71.73	71.73	54.03	10.14
Selling, General & Admin	80.72	80.72	78.67	18.98
Other Operating Expenses	-0.18	-0.18	-0.01	-
Operating Expenses	80.54	80.54	78.66	18.98
Operating Income	-8.8	-8.8	-24.63	-8.84
Interest Expense	-15.81	-15.81	-7.26	-
Interest & Investment Income	0.85	0.85	0.57	0.05
Currency Exchange Gain (Loss)	-0.11	-0.11	-0.07	-0.01
Other Non Operating Income (Expenses)	-1.39	-1.39	-3.35	-
EBT Excluding Unusual Items	-25.27	-25.27	-34.74	-8.8
Impairment of Goodwill	-86.9	-86.9	-6.76	-
Other Unusual Items	-0.27	-0.27	-32.37	-
Pretax Income	-112.43	-112.43	-73.86	-8.8
Income Tax Expense	1.78	1.78	3.84	1.64
Earnings From Continuing Operations	-114.21	-114.21	-77.7	-10.44
Minority Interest in Earnings	-0.2	-0.2	-	-
Net Income	-114.41	-114.41	-77.7	-10.44
Net Income to Common	-114.41	-114.41	-77.7	-10.44
Shares Outstanding (Basic)	121	121	110	-
Shares Outstanding (Diluted)	121	121	110	-
Shares Change (YoY)	-	10.24%	-	-
EPS (Basic)	-0.94	-0.94	-0.71	-
EPS (Diluted)	-0.94	-0.94	-0.71	-
Free Cash Flow	12.87	12.87	-7.81	2.2
Free Cash Flow Per Share	0.11	0.11	-0.07	-
Gross Margin	57.60%	57.60%	60.13%	83.50%
Operating Margin	-7.07%	-7.07%	-27.40%	-72.78%
Profit Margin	-91.86%	-91.86%	-86.46%	-85.97%
Free Cash Flow Margin	10.33%	10.33%	-8.69%	18.13%
EBITDA	-0.47	-0.47	-17.84	-6.09
EBITDA Margin	-0.37%	-0.37%	-19.85%	-50.15%
D&A For EBITDA	8.34	8.34	6.79	2.75
EBIT	-8.8	-8.8	-24.63	-8.84
EBIT Margin	-7.07%	-7.07%	-27.40%	-72.78%

Source: S&P Capital IQ. Standard template. Financial Sources.