PicS N.V. Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,205	1,142	251.79	37.36	-692.9	-1,900
Depreciation & Amortization	457.45	442.76	292.91	169.45	74.38	49.45
Stock-Based Compensation	26.76	205.64	-	-	-	-
Other Adjustments	-210.84	-897.51	590.85	-252.69	-76.23	74.82
Change in Receivables	-1,479	-1,927	-520.38	-62.35	-776.28	-1,834
Changes in Accounts Payable	2,909	2,505	2,746	266.37	63.69	258.72
Changes in Accrued Expenses	318.61	1,711	905.46	271.12	119.18	146.47
Changes in Income Taxes Payable	-1,519	-757.85	-381.57	-85.25	-	-
Changes in Other Operating Activities	1,745	-6,164	-1,594	1,223	8,628	698.49
Operating Cash Flow	-1,338	-3,739	2,291	1,567	7,340	-2,506
Operating Cash Flow Growth	-	-	46.18%	-78.65%	-	-
Capital Expenditures	-74	-67.68	-60.81	-4.66	-5.33	-24.81
Purchases of Intangible Assets	-597.75	-616.66	-521.24	-497.43	-212.44	-219.05
Purchases of Investments	-	-	-	-	0.01	-0
Payments for Business Acquisitions	-	-	-	-34.98	154.53	-54.82
Other Investing Activities	-	-	-1,943	-	-	-
Investing Cash Flow	-671.75	-684.34	-2,525	-537.08	-63.23	-298.68
Long-Term Debt Issued	-	-	-	-	240.67	1,203
Long-Term Debt Repaid	-	-	-	-	-2,602	-
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-2,361	1,203
Issuance of Common Stock	2,854	1,183	105.56	-	59.11	282.08
Net Common Stock Issued (Repurchased)	2,854	1,183	105.56	-	59.11	282.08
Other Financing Activities	-8.26	-367.97	221.6	-12.25	1,237	1,357
Financing Cash Flow	2,486	815.41	327.15	-12.25	-1,064	2,842
Net Cash Flow	475.55	-3,608	92.62	1,018	6,212	37.42
Free Cash Flow	-1,412	-3,807	2,230	1,562	7,334	-2,531
Free Cash Flow Growth	-	-	42.72%	-78.70%	-	-
FCF Margin	-73.56%	-201.30%	146.30%	147.40%	880.15%	-1118.42%
Free Cash Flow Per Share	-0.04	-19035100.00	11148700.00	7811520.00	2746.54	-947.70
Levered Free Cash Flow	4,186	-1,239	2,125	1,875	6,473	773.14
Unlevered Free Cash Flow	7,226	5,170	-1,082	26,494	7,232	-1,324

SEC Filings: 10-K · 10-Q