Also trades as: ASAI (NYSE) · $vol 4M · ASAIY (OTC) · $vol 0M

R$11.09 ($2.12)

-0.07 (-0.63%)

Weekly Expected Move ±5.4%

R$10 R$10 R$11 R$12 R$12

SAO · Consumer Defensive · Grocery Stores · Tech Score Strong Buy · Power 72 · R$15.0B mcap · 1.02B float · 1.12% daily turnover

Revenue

$77.3B +4.7% ▲

5Y CAGR: +16.5%

Gross Profit

$11.4B -6.7% ▼

5Y CAGR: +14.0%

Operating Income

$4.1B +7.3% ▲

5Y CAGR: +9.1%

Net Income

$497M -35.4% ▼

5Y CAGR: -18.7%

EPS (Diluted)

$0.37 -35.1% ▼

5Y CAGR: -18.7%

EBITDA

$5.9B +6.3% ▲

5Y CAGR: +9.6%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$41.9B	$54.5B	$66.5B	$73.8B	$77.3B
YoY Growth	+16.2%	+30.1%	+22.0%	+11.0%	+4.7%
Cost of Revenue	$34.8B	$45.6B	$55.7B	$61.6B	$65.9B
Gross Profit	$7.1B	$9.0B	$10.8B	$12.2B	$11.4B
Gross Margin	17.1%	16.4%	16.3%	16.6%	14.7%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$3.9B	$5.2B	$6.2B	$6.9B	$7.3B
Operating Expenses	$4.6B	$6.1B	$7.5B	$8.4B	$7.3B
Operating Income	$2.6B	$2.9B	$3.2B	$3.8B	$4.1B
Operating Margin	6.2%	5.2%	4.8%	5.2%	5.3%
Interest Expense	$854M	$1.9B	$2.6B	$3.0B	$3.1B
Income Before Tax	$1.8B	$1.3B	$554M	$935M	$234M
Tax Expense	$239M	$115M	-$156M	$166M	-$263M
Net Income	$1.6B	$1.2B	$710M	$769M	$497M
Net Margin	3.8%	2.2%	1.1%	1.0%	0.6%
EPS (Diluted)	$1.19	$0.90	$0.52	$0.57	$0.37
EBITDA	$3.4B	$3.7B	$4.6B	$5.5B	$5.9B
Shares Outstanding	1.35B	1.35B	1.35B	1.35B	1.35B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$18.6B	$20.2B	$18.6B	$19.0B	$19.0B	$20.8B	$18.6B	$19.2B
Cost of Revenue	$15.5B	$16.7B	$15.5B	$15.8B	$15.8B	$17.6B	$15.6B	$15.9B
Gross Profit	$3.1B	$3.4B	$3.1B	$3.2B	$3.2B	$3.2B	$3.1B	$3.2B
Gross Margin	16.4%	17.0%	16.5%	16.7%	16.8%	15.3%	16.6%	16.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$1.7B	$1.8B	$1.7B	$1.8B	$1.8B	$2.0B	$1.7B	$1.9B
Operating Expenses	$2.1B	$2.2B	$2.1B	$2.2B	$2.2B	$2.0B	$1.7B	$1.9B
Operating Income	$956M	$1.2B	$924M	$993M	$1.0B	$1.2B	$1.3B	$1.4B
Operating Margin	5.2%	5.9%	5.0%	5.2%	5.3%	5.9%	7.2%	7.3%
Interest Expense	$837M	$792M	$873M	$958M	$1.0B	$903M	$746M	$835M
Income Before Tax	$195M	$528M	$151M	$153M	$124M	-$194M	$445M	$657M
Tax Expense	$39M	$98M	$34M	-$66M	-$28M	-$203M	$125M	$173M
Net Income	$156M	$430M	$117M	$219M	$152M	$9M	$320M	$484M
Net Margin	0.8%	2.1%	0.6%	1.2%	0.8%	0.0%	1.7%	2.5%
EPS (Diluted)	$0.12	$0.32	$0.09	$0.16	$0.11	$0.01	$0.24	$0.36
EBITDA	$1.4B	$1.7B	$1.4B	$1.5B	$1.6B	$1.7B	$1.6B	$1.9B
Shares Outstanding	1.35B	1.35B	1.35B	1.36B	1.35B	1.34B	1.34B	1.34B

ASAI3.SA SAO