BRSL: financial statements from SEC

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	2.51B	2.51B	2.53B	2.60B
Research and development	47M	43M	36M	45M
Selling, general and administrative	215M	235M	246M	400M
Operating expenses	—	1.83B	1.78B	1.85B
Operating income	—	686M	752M	743M
Interest expense	172M	206M	207M	—
Pre-tax income	299M	521M	488M	772M
Income tax	165M	250M	223M	212M
Net income	147M	348M	156M	275M
Earnings per share	0.74	1.73	0.78	1.36
Earnings per share, diluted	0.74	1.71	0.77	1.35
Weighted average shares	197M	202M	200M	202M
Weighted average shares, diluted	197M	204M	203M	203M

Metric	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Cash and equivalents	—	1.45B	584M	653M	642M	—
Inventory	—	116M	113M	110M	—	—
Current assets	—	2.34B	6.17B	2.12B	—	—
Property, plant and equipment	—	90M	85M	74M	—	—
Goodwill	—	2.71B	2.65B	2.68B	2.66B	—
Total assets	—	9.16B	10.28B	10.47B	—	—
Current liabilities	—	3.07B	2.69B	1.69B	—	—
Short-term debt	—	118M	208M	0	—	—
Long-term debt	—	4.06B	5.15B	5.66B	—	—
Total liabilities	—	7.57B	8.22B	8.51B	—	—
Equity	—	875M	1.65B	1.95B	1.98B	1.97B
Shares outstanding	—	187M	202M	200M	199M	204M
Shares issued	—	210M	209M	207M	—	—
Treasury shares	—	23M	7M	7M	—	—

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	−99M	1.05B	1.01B	899M
Depreciation and amortisation	221M	204M	215M	181M
Share-based compensation	15M	38M	34M	34M
Capital expenditure	316M	149M	147M	162M
Investing cash flow	3.50B	−357M	−393M	168M
Dividends paid	770M	161M	160M	161M
Share buybacks	271M	0	0	115M
Financing cash flow	−2.72B	−606M	−610M	−1.07B