Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS)

SBS Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	25,572	22,056	19,491	17,798	17,984
Revenue Growth (YoY)	15.94%	13.16%	9.52%	-1.03%	11.80%
Cost of Revenue	16,052	14,351	12,800	11,180	10,138
Gross Profit	9,520	7,705	6,691	6,618	7,846
Selling, General & Admin	2,582	2,310	1,950	1,802	1,991
Other Operating Expenses	625	773.73	665.57	337.17	146.85
Operating Expenses	3,207	3,084	2,616	2,140	2,138
Operating Income	6,314	4,621	4,076	4,478	5,708
Interest Expense / Income	2,709	1,956	1,448	1,325	1,173
Other Expense / Income	-1,149.01	-1,608.4	-542.95	1,827	-143.45
Pretax Income	4,754	4,273	3,170	1,326	4,678
Income Tax	1,230	1,151	864.29	352.68	1,310
Net Income	3,524	3,121	2,306	973.32	3,368
Net Income Growth	12.89%	35.36%	136.91%	-71.10%	18.78%
Shares Outstanding (Basic)	684	684	684	684	684
EPS (Basic)	5.16	4.57	3.37	1.42	4.93
EPS (Diluted)	5.16	4.57	3.37	1.42	4.93
EPS Growth	12.91%	35.61%	137.32%	-71.20%	18.80%
Free Cash Flow	709.15	342.75	166.8	1,636	923.84
Free Cash Flow Per Share	1.04	0.50	0.24	2.39	1.35
Dividend Per Share	0.253	0.200	0.080	0.253	0.302
Dividend Growth	26.50%	150.00%	-68.38%	-16.23%	11.03%
Gross Margin	37.23%	34.93%	34.33%	37.18%	43.63%
Operating Margin	24.69%	20.95%	20.91%	25.16%	31.74%
Profit Margin	13.78%	14.15%	11.83%	5.47%	18.73%
Free Cash Flow Margin	2.77%	1.55%	0.86%	9.19%	5.14%
Effective Tax Rate	25.88%	26.95%	27.26%	26.60%	28.01%
EBITDA	10,253	8,680	6,872	4,688	7,631
EBITDA Margin	40.10%	39.35%	35.26%	26.34%	42.44%
Depreciation & Amortization	2,791	2,451	2,253	2,037	1,780
EBIT	7,463	6,229	4,618	2,651	5,851
EBIT Margin	29.18%	28.24%	23.70%	14.89%	32.54%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).