Trisul S A : 4Q22 Results Presentation

4Q22 Results

4Q22 Results

1

Profit and Net Margin (%)

		Gross Profit (R$ million)				Net Profit (R$ million)
					-20,7%
				283.864							120.552	-43,7%
					225.242
		-7,2%						+61,5%			67.913
55.324	55.168	51.207						27.271
							10.104	16.882
							3Q22	4Q21	4Q22	2021	2022
	3Q22	4Q21	4Q22	2021	2022
	Operational Performance (R$ million)		4Q22	4Q21	Y/Y(%)	3Q22	Q/Q (%)	2022	2021	Y/Y (%)2
	Gross Profit				51,207	55,168	-7, 2%	55,324	-7%	225,242	283,864	-20 , 7%
	% Gross Margin				25,1%	32,3%	-7 p. p.	30,4%	-5 p. p.	29,6%	36,7%	-7 p. p.
	Adjusted Gross Profit (1)			58,309	58,276	0,1%	59,967	-3%	244,213	294,81	-17,2%
	% Adjusted Gross Margin			28,6%	34,1%	-6 p. p.	32,9%	-4 p. p.	32,1%	38,1%	-6 p. p.
	Net Profit				27,271	16,882	61,5%	10,104	170%	67,913	120,552	-43,7%
	% Net Margin				13,4%	9,9%	3 p. p.	5,5%	8 p. p.	8,9%	15,6%	-7 p. p.

4Q22 Results

2

EBITDA e EBITDA Margin (%)

EBITDA (R$ milhões)	4Q22	4Q21	Var. %	3Q22	Var. %	2022	2021	% Var.
Net Revenues	203.943	170,824	19 , 4%	182,281	11, 9 %	760,270	774,161	-1, 8%
Net Profit	26,835	17,350	54, 7%	10,222	16 2, 5%	69,749	131,965	-47, 1%
(+) Financial Results	6,063	4,096	48,0 %	6,169	-1, 7%	22,606	9,195	145, 9 %
(+) Income and Social Contribution Taxes	5,615	4,138	35, 7%	5,549	1, 2%	21,751	17,455	24,	6 %
(+) Depreciation and Amortization	414	387	7, 0 %	395	4, 8%	1,529	1,233	24,	0 %
(+) Amortization of the Right of Use	294	294	0 ,0 %	294	0 ,0 %	1,176	1,429	-17, 7%
EBITDA	39,221	26,265	49,3%	22,629	73,3%	116,811	161,277	-27,6%
(+) Financial Expenses with Financing for Construction	7,102	3,108	128,5%	4,643	53, 0 %	18,971	10,946	73,	3%
Adjusted EBITDA (1)	46,323	29,373	57,7%	27,272	69,9%	135,782	172,223	-21,2%
Adjusted EBITDA Margin (%)	22,7%	17,2%	6 p.p.	15,0%	8 p.p.	17,9%	22,2%	-4 p.p.

1. Adjusted for capitalized interest allocated to cost (SFH interests).

4Q22 Results

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Indebtedness

4Q22 Results

4

Gross and Net Sales

Operational Performance (R$ million)	4Q22	4Q21	Y/Y(%)	3Q22	Q/Q (%)	2022	2021	Y/Y (%)2
Contracted Sales
Gross Contracted Sales - (% Trisul)	264,277	185,652	42,	4%	155,299	70	,	2%	776,773	828,194	-6 , 2%
Cancellations - (%Trisul)	29,822	21,781	36 ,	9 %	27,292	9 ,	3%	101,448	75,862	33, 7%
Contracted Sales - (% Trisul) (1)	234,455	163,870	43, 1%	128,007	83,	2%	675,325	752,331	-10 ,	2%
Number of Units Sold	429	262	6 3, 7%	272	57,	7%	1,180	1,513	-22,	0 %
Consolidated VSO (% Trisul)	9,0%	7,4%	2 p. p.	6,0%	3 p. p.	22,0%	29,0%	-7 p. p.

1. Total amount of contracted sales of projects that Trisul participated in. Contracted sales are reported net of commissions and cancellations.

SoS (Sales over Supply) - IFRS

	8,3%	9,0%
5,8%		6,0%

1Q22

2Q22

3Q22

4Q22

4Q22 Results

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