AMBEV S.A. (ABEV) Financial Statements — Income, Balance Sheet, Cash Flow

Overview Financials Chart Business Summary Filings Ownership Valuation

Financial Statements — ABEV

Balance Sheet

(in billions BRL)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	18.64	28.60	16.06	14.93	16.63	17.09	11.90
Inventory	10.52	11.69	9.62	12.92	11.00	7.61	5.98
Total Current Assets	43.88	54.16	36.56	37.82	38.63	35.34	27.62
Goodwill	41.54	44.34	38.00	40.59	42.41	40.02	35.01
Total Non-current Assets	101.21	108.35	96.08	100.14	99.98	89.85	74.12
Total Assets	145.09	162.51	132.64	137.96	138.60	125.20	101.74
Total Current Liabilities	45.60	49.39	41.01	40.54	38.87	33.48	25.01
Total Non-current Liabilities	10.71	13.54	11.50	14.09	15.72	16.57	14.18
Total Liabilities	56.31	62.93	52.50	54.63	54.58	50.05	39.19
Retained Earnings	--	--	--	--	--	--	(0.36)
Total Stockholder Equity	88.77	99.58	80.14	83.33	84.02	75.15	62.56

Income Statement

(in billions BRL) (except per-share rows)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	88.24	89.45	79.74	79.71	72.85	58.38	52.60
Cost of Revenue*	42.86	43.62	39.29	40.42	35.66	27.07	21.68
Gross Profit	45.38	45.84	40.45	39.29	37.19	31.31	30.92
Selling, General & Admin	5.86	6.20	5.27	5.24	4.88	2.95	2.68
Total Operating Expenses*	22.06	24.04	0.22	21.60	20.11	15.34	14.85
Operating Income	23.32	21.80	18.83	17.69	17.08	15.97	16.07
Interest Expense	--	--	2.43	2.33	1.43	1.79	1.51
Pretax Income	19.42	19.49	15.04	14.24	13.76	13.49	12.94
Tax Provision	--	--	(0.08)	(0.66)	0.64	1.76	0.75
Net Income	15.99	14.85	14.96	14.89	13.12	11.73	12.19
Basic EPS	0.99	0.92	0.92	0.92	0.81	0.72	0.75
Diluted EPS	0.99	0.91	0.92	0.91	0.80	0.72	0.74

* Derived from reported values

Cash Flow Statement

(in billions BRL)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	24.45	26.10	24.71	20.64	22.90	18.86	18.38
Investing Cash Flow	(4.95)	(5.46)	(5.77)	(5.00)	(7.73)	(6.80)	(4.84)
Financing Cash Flow	(26.77)	(10.35)	(16.12)	(16.34)	(16.04)	(8.60)	(12.28)