
Brasilagro Companhia Brasileira de Propriedades Agricolas
BOVESPA:AGRO3

Income Statement
Earnings Waterfall
Brasilagro Companhia Brasileira de Propriedades Agricolas
Revenue
|
830.6m
BRL
|
Cost of Revenue
|
-766.2m
BRL
|
Gross Profit
|
64.4m
BRL
|
Operating Expenses
|
-120.7m
BRL
|
Operating Income
|
-56.3m
BRL
|
Other Expenses
|
336.8m
BRL
|
Net Income
|
280.5m
BRL
|
Income Statement
Brasilagro Companhia Brasileira de Propriedades Agricolas
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
161
N/A
|
154
-4%
|
174
+14%
|
185
+6%
|
191
+3%
|
176
-8%
|
147
-16%
|
126
-15%
|
117
-7%
|
121
+4%
|
147
+21%
|
191
+30%
|
221
+16%
|
228
+3%
|
244
+7%
|
279
+14%
|
300
+7%
|
301
+1%
|
358
+19%
|
406
+13%
|
419
+3%
|
480
+15%
|
488
+2%
|
544
+12%
|
581
+7%
|
592
+2%
|
663
+12%
|
819
+24%
|
963
+18%
|
1 047
+9%
|
1 168
+12%
|
1 088
-7%
|
982
-10%
|
996
+2%
|
903
-9%
|
877
-3%
|
867
-1%
|
798
-8%
|
771
-3%
|
825
+7%
|
831
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(166)
|
(157)
|
(170)
|
(177)
|
(178)
|
(161)
|
(135)
|
(119)
|
(108)
|
(112)
|
(136)
|
(164)
|
(199)
|
(208)
|
(228)
|
(267)
|
(274)
|
(271)
|
(319)
|
(373)
|
(392)
|
(456)
|
(484)
|
(533)
|
(557)
|
(613)
|
(729)
|
(904)
|
(1 009)
|
(1 061)
|
(1 143)
|
(1 041)
|
(991)
|
(989)
|
(886)
|
(853)
|
(857)
|
(790)
|
(747)
|
(801)
|
(766)
|
|
Gross Profit |
(5)
N/A
|
(4)
+33%
|
4
N/A
|
9
+123%
|
12
+44%
|
15
+23%
|
12
-19%
|
6
-50%
|
9
+40%
|
9
-1%
|
11
+23%
|
27
+153%
|
21
-20%
|
20
-9%
|
16
-18%
|
12
-23%
|
26
+111%
|
31
+19%
|
39
+25%
|
33
-16%
|
27
-18%
|
24
-10%
|
4
-85%
|
11
+199%
|
23
+108%
|
(21)
N/A
|
(66)
-218%
|
(85)
-28%
|
(46)
+46%
|
(14)
+69%
|
25
N/A
|
47
+84%
|
(9)
N/A
|
8
N/A
|
17
+120%
|
24
+41%
|
10
-57%
|
8
-20%
|
24
+191%
|
24
-1%
|
64
+169%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(44)
|
(41)
|
(41)
|
(44)
|
(39)
|
(40)
|
(31)
|
(34)
|
(37)
|
(37)
|
(43)
|
(43)
|
(43)
|
(9)
|
(10)
|
(13)
|
(12)
|
(51)
|
(51)
|
(52)
|
(56)
|
(58)
|
(53)
|
(53)
|
(60)
|
(63)
|
(82)
|
(78)
|
(75)
|
(80)
|
(93)
|
(94)
|
(102)
|
(106)
|
(111)
|
(123)
|
(124)
|
(129)
|
(119)
|
(117)
|
(121)
|
|
Selling, General & Administrative |
(36)
|
(33)
|
(37)
|
(37)
|
(38)
|
(39)
|
(31)
|
(31)
|
(30)
|
(30)
|
(37)
|
(38)
|
(40)
|
(43)
|
(44)
|
(47)
|
(47)
|
(49)
|
(49)
|
(50)
|
(54)
|
(51)
|
(57)
|
(57)
|
(63)
|
(68)
|
(78)
|
(83)
|
(82)
|
(89)
|
(91)
|
(95)
|
(102)
|
(108)
|
(106)
|
(116)
|
(114)
|
(117)
|
(113)
|
(110)
|
(117)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
Other Operating Expenses |
(7)
|
(7)
|
(2)
|
(5)
|
0
|
0
|
1
|
(2)
|
(6)
|
(6)
|
(5)
|
(4)
|
(2)
|
35
|
35
|
35
|
36
|
(1)
|
(1)
|
(1)
|
(1)
|
(6)
|
6
|
5
|
4
|
7
|
(3)
|
6
|
8
|
10
|
(0)
|
2
|
1
|
3
|
(4)
|
(5)
|
(9)
|
(10)
|
(4)
|
(5)
|
(2)
|
|
Operating Income |
(49)
N/A
|
(45)
+9%
|
(37)
+19%
|
(35)
+5%
|
(27)
+23%
|
(24)
+10%
|
(19)
+23%
|
(27)
-45%
|
(28)
-4%
|
(28)
0%
|
(32)
-15%
|
(16)
+52%
|
(22)
-37%
|
11
N/A
|
6
-41%
|
(0)
N/A
|
14
N/A
|
(20)
N/A
|
(12)
+39%
|
(20)
-64%
|
(29)
-47%
|
(34)
-16%
|
(49)
-46%
|
(42)
+14%
|
(37)
+12%
|
(84)
-127%
|
(148)
-77%
|
(163)
-10%
|
(121)
+25%
|
(94)
+23%
|
(67)
+28%
|
(47)
+30%
|
(111)
-136%
|
(98)
+11%
|
(94)
+5%
|
(99)
-5%
|
(114)
-15%
|
(120)
-6%
|
(94)
+21%
|
(93)
+2%
|
(56)
+39%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
12
|
2
|
2
|
45
|
34
|
15
|
29
|
(54)
|
(42)
|
(19)
|
22
|
13
|
9
|
(1)
|
(6)
|
(24)
|
(18)
|
(10)
|
4
|
2
|
(4)
|
(50)
|
(68)
|
(128)
|
(179)
|
(191)
|
(156)
|
(113)
|
(104)
|
(25)
|
(65)
|
(13)
|
5
|
18
|
82
|
124
|
170
|
134
|
(64)
|
(48)
|
(180)
|
|
Non-Reccuring Items |
28
|
35
|
199
|
206
|
208
|
172
|
(10)
|
(15)
|
(18)
|
8
|
37
|
50
|
76
|
105
|
140
|
255
|
246
|
225
|
198
|
122
|
149
|
180
|
213
|
215
|
215
|
442
|
542
|
623
|
909
|
849
|
757
|
627
|
309
|
161
|
370
|
347
|
340
|
290
|
280
|
394
|
418
|
|
Total Other Income |
(9)
|
17
|
26
|
41
|
42
|
41
|
8
|
43
|
33
|
22
|
7
|
13
|
12
|
17
|
12
|
41
|
22
|
11
|
10
|
(5)
|
4
|
40
|
37
|
111
|
97
|
91
|
60
|
14
|
42
|
(40)
|
12
|
(4)
|
(2)
|
(9)
|
(76)
|
(130)
|
(129)
|
(83)
|
70
|
16
|
47
|
|
Pre-Tax Income |
(18)
N/A
|
8
N/A
|
191
+2 253%
|
256
+34%
|
257
+0%
|
204
-20%
|
9
-95%
|
(54)
N/A
|
(55)
-1%
|
(17)
+69%
|
33
N/A
|
59
+77%
|
76
+28%
|
131
+74%
|
152
+16%
|
271
+78%
|
264
-2%
|
206
-22%
|
200
-3%
|
99
-50%
|
120
+21%
|
136
+13%
|
134
-2%
|
157
+17%
|
95
-39%
|
258
+172%
|
298
+15%
|
362
+22%
|
725
+100%
|
690
-5%
|
637
-8%
|
563
-12%
|
201
-64%
|
71
-65%
|
282
+299%
|
241
-14%
|
267
+11%
|
220
-18%
|
192
-13%
|
269
+41%
|
229
-15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
12
|
4
|
(10)
|
(31)
|
(32)
|
(17)
|
(1)
|
19
|
18
|
6
|
(6)
|
(14)
|
(18)
|
(24)
|
(26)
|
(28)
|
(33)
|
(25)
|
(23)
|
(18)
|
(18)
|
(13)
|
(14)
|
(2)
|
16
|
(35)
|
20
|
(12)
|
(52)
|
(73)
|
(117)
|
(109)
|
(59)
|
(14)
|
(13)
|
15
|
(3)
|
17
|
35
|
25
|
52
|
|
Income from Continuing Operations |
(6)
|
12
|
181
|
226
|
225
|
187
|
8
|
(35)
|
(37)
|
(11)
|
27
|
44
|
57
|
107
|
126
|
243
|
231
|
181
|
177
|
81
|
102
|
123
|
120
|
155
|
111
|
224
|
318
|
350
|
673
|
617
|
520
|
454
|
142
|
57
|
269
|
257
|
264
|
237
|
227
|
294
|
281
|
|
Net Income (Common) |
(6)
N/A
|
12
N/A
|
181
+1 370%
|
226
+25%
|
225
0%
|
187
-17%
|
8
-96%
|
(35)
N/A
|
(37)
-5%
|
(11)
+70%
|
27
N/A
|
44
+62%
|
57
+29%
|
107
+87%
|
126
+18%
|
243
+92%
|
231
-5%
|
181
-22%
|
177
-2%
|
81
-54%
|
102
+26%
|
123
+20%
|
120
-2%
|
155
+29%
|
111
-28%
|
224
+102%
|
318
+42%
|
350
+10%
|
673
+92%
|
617
-8%
|
520
-16%
|
454
-13%
|
142
-69%
|
57
-60%
|
269
+372%
|
257
-4%
|
264
+3%
|
237
-10%
|
227
-4%
|
294
+30%
|
281
-5%
|
|
EPS (Diluted) |
-0.1
N/A
|
0.22
N/A
|
3.1
+1 309%
|
3.88
+25%
|
3.86
-1%
|
3.21
-17%
|
0.14
-96%
|
-0.61
N/A
|
-0.63
-3%
|
-0.18
+71%
|
0.47
N/A
|
0.78
+66%
|
1
+28%
|
1.87
+87%
|
2.35
+26%
|
4.51
+92%
|
4.28
-5%
|
3.36
-21%
|
3.27
-3%
|
1.49
-54%
|
1.87
+26%
|
2.06
+10%
|
2.09
+1%
|
2.58
+23%
|
1.87
-28%
|
3.51
+88%
|
4.45
+27%
|
3.5
-21%
|
6.74
+93%
|
6.18
-8%
|
5.23
-15%
|
4.56
-13%
|
1.43
-69%
|
0.58
-59%
|
2.7
+366%
|
2.58
-4%
|
2.65
+3%
|
2.38
-10%
|
2.27
-5%
|
2.95
+30%
|
2.81
-5%
|