R$5.47 ($1.05)

+0.10 (+1.86%)

Weekly Expected Move ±2.7%

R$5 R$5 R$5 R$6 R$6

SAO · Utilities · Regulated Electric · Tech Score Sell · Power 43 · R$13.9B mcap · 11M float · 0.011% daily turnover

Analysis Technicals Weather Peers

Revenue

$17.2B -3.8% ▼

5Y CAGR: +8.8%

Gross Profit

$2.9B -9.9% ▼

5Y CAGR: +2.9%

Operating Income

$3.9B +9.0% ▲

5Y CAGR: +16.6%

Net Income

$1.2B -18.5% ▼

5Y CAGR: +5.8%

EPS (Diluted)

$0.56 -20.0% ▼

5Y CAGR: +5.4%

EBITDA

$4.6B +4.7% ▲

5Y CAGR: +10.0%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$14.7B	$15.1B	$16.1B	$17.9B	$17.2B
YoY Growth	+30.5%	+2.6%	+6.7%	+10.9%	-3.8%
Cost of Revenue	$11.6B	$10.8B	$11.1B	$13.0B	$14.4B
Gross Profit	$3.1B	$4.4B	$5.2B	$3.2B	$2.9B
Gross Margin	21.0%	28.9%	32.1%	17.7%	16.6%
R&D Expenses	$0	$23M	$27M	$29M	$0
SG&A Expenses	$618M	$811M	$841M	$536M	$549M
Operating Expenses	$618M	$911M	-$312M	$1.3B	-$1.1B
Operating Income	$2.9B	$3.5B	$4.3B	$3.6B	$3.9B
Operating Margin	19.5%	22.8%	26.5%	20.2%	22.9%
Interest Expense	$545M	$910M	$1.1B	$1.3B	$1.6B
Income Before Tax	$2.4B	$2.5B	$2.9B	$2.3B	$2.0B
Tax Expense	$543M	$492M	$644M	$266M	$359M
Net Income	$1.4B	$1.5B	$1.7B	$1.5B	$1.2B
Net Margin	9.3%	9.8%	10.3%	8.3%	7.0%
EPS (Diluted)	$0.65	$0.70	$0.79	$0.70	$0.56
EBITDA	$3.5B	$4.9B	$4.8B	$4.4B	$4.6B
Shares Outstanding	2.10B	2.12B	2.11B	2.11B	2.15B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$4.0B	$5.0B	$4.5B	$4.2B	$4.6B	$3.8B	$5.0B	$4.4B
Cost of Revenue	$3.3B	$3.7B	$3.3B	$3.5B	$3.9B	$3.7B	$3.7B	$3.8B
Gross Profit	$743M	$634M	$1.3B	$735M	$708M	$130M	$1.3B	$610M
Gross Margin	18.4%	12.7%	28.2%	17.3%	15.4%	3.4%	25.4%	13.8%
R&D Expenses	$7M	$8M	$7M	$7M	$8M	$0	$0	$0
SG&A Expenses	$250M	$152M	$134M	$132M	$134M	$150M	$147M	$150M
Operating Expenses	-$114M	$123M	$255M	-$223M	-$337M	-$779M	$288M	-$366M
Operating Income	$856M	$774M	$1.0B	$958M	$1.0B	$910M	$976M	$976M
Operating Margin	21.2%	15.5%	22.5%	22.6%	22.8%	23.8%	19.6%	22.1%
Interest Expense	$337M	$302M	$333M	$402M	$458M	$397M	$463M	$452M
Income Before Tax	$528M	$385M	$625M	$546M	$541M	$325M	$406M	$290M
Tax Expense	$121M	-$177M	$123M	$115M	$125M	-$4M	$81M	$46M
Net Income	$286M	$431M	$370M	$315M	$300M	$218M	$301M	$209M
Net Margin	7.1%	8.6%	8.1%	7.4%	6.5%	5.7%	6.0%	4.7%
EPS (Diluted)	$0.14	$0.20	$0.18	$0.14	$0.14	$0.10	$0.12	$0.08
EBITDA	$1.1B	$974M	$1.2B	$1.2B	$1.2B	$1.1B	$1.1B	$1.0B
Shares Outstanding	2.04B	2.11B	2.05B	2.25B	2.11B	2.15B	2.51B	2.57B

REDE3.SA SAO