EcoRodovias Infraestrutura e Logística S.A. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€1.58B +11.6%	€144.49M +58.7%	9.2% +0.027 pp	€1.22B -9.2%	77.1% -0.18 pp
2023	€1.41B +45.9%	€91.03M +131.8%	6.4% +0.024 pp	€1.34B +83.4%	94.8% +0.19 pp
2022	€968.73M +30.3%	€39.27M -34.0%	4.1% -0.039 pp	€730.62M +8.2%	75.4% -0.15 pp
2021	€743.45M +16.3%	€59.46M -189.0%	8.0% +0.18 pp	€675.32M +64.2%	90.8% +0.26 pp
2020	€639.25M +1.2%	-€66.80M +125.6%	-10.5% -0.058 pp	€411.40M +6.6%	64.4% +0.032 pp
2019	€631.75M +24.7%	-€29.61M -149.5%	-4.7% -0.17 pp	€386.06M +15.9%	61.1% -0.046 pp
2018	€506.52M -1.0%	€59.85M -4.6%	11.8% -0.0045 pp	€332.97M +10.7%	65.7% +0.069 pp
2017	€511.54M +13.1%	€62.73M -140.7%	12.3% +0.46 pp	€300.77M +17.4%	58.8% +0.021 pp
2016	€452.13M -2.5%	-€154.17M -985.2%	-34.1% -0.38 pp	€256.19M -9.2%	56.7% -0.042 pp
2015	€463.59M -1.2%	€17.42M -76.9%	3.8% -0.12 pp	€282.05M -19.2%	60.8% -0.14 pp
2014	€469.39M +11.3%	€75.42M +18.6%	16.1% +0.0099 pp	€349.23M +32.8%	74.4% +0.12 pp
2013	€421.78M +9.5%	€63.58M -5.7%	15.1% -0.024 pp	€263.02M +46.7%	62.4% +0.16 pp
2012	€385.03M +31.8%	€67.46M +8.9%	17.5% -0.037 pp	€179.26M +20.5%	46.6% -0.044 pp
2011	€292.05M +28.0%	€61.94M -34.3%	21.2% -0.20 pp	€148.78M +2.3%	50.9% -0.13 pp
2010	€228.16M +42.4%	€94.34M +203.0%	41.3% +0.22 pp	€145.42M -7.9%	63.7% -0.35 pp
2009	€160.25M +20.6%	€31.14M +50.4%	19.4% +0.038 pp	€157.89M +55.8%	98.5% +0.22 pp
2008	€132.86M +29.2%	€20.70M -19.0%	15.6% -0.093 pp	€101.34M +32.7%	76.3% +0.020 pp
2007	€102.82M +12.8%	€25.54M +18.3%	24.8% +0.012 pp	€76.38M +8.3%	74.3% -0.031 pp
2006	€91.14M +8.0%	€21.59M -11.1%	23.7% -0.051 pp	€70.50M +16.4%	77.4% +0.056 pp
2005	€84.42M	€24.30M	28.8%	€60.58M	71.8%