Tronox Pigmentos do Brasil S.A. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€105.71M +14.9%	-€18.18M -415.9%	-17.2% -0.23 pp	€8.71M -58.6%	8.2% -0.15 pp
2023	€92.03M -28.3%	€5.76M -47.3%	6.3% -0.023 pp	€21.05M -6.4%	22.9% +0.054 pp
2022	€128.40M -16.2%	€10.93M -75.3%	8.5% -0.20 pp	€22.49M -43.4%	17.5% -0.084 pp
2021	€153.25M +31.0%	€44.24M +50.0%	28.9% +0.037 pp	€39.71M -3.7%	25.9% -0.093 pp
2020	€116.99M +24.1%	€29.50M +67.8%	25.2% +0.066 pp	€41.22M +20.5%	35.2% -0.011 pp
2019	€94.25M -7.3%	€17.58M -29.4%	18.6% -0.058 pp	€34.20M +75.4%	36.3% +0.17 pp
2018	€101.72M +11.9%	€24.90M +97.1%	24.5% +0.11 pp	€19.50M +3.0%	19.2% -0.017 pp
2017	€90.88M +17.2%	€12.63M -6.0%	13.9% -0.034 pp	€18.93M +75.2%	20.8% +0.069 pp
2016	€77.56M +14.8%	€13.43M -501.8%	17.3% +0.22 pp	€10.80M +17.9%	13.9% +0.0037 pp
2015	€67.59M +7.1%	-€3.34M -59.5%	-4.9% +0.081 pp	€9.16M +339.7%	13.6% +0.10 pp
2014	€63.12M -2.5%	-€8.25M -548.3%	-13.1% -0.16 pp	€2.08M -31.0%	3.3% -0.014 pp
2013	€64.76M -11.2%	€1.84M -77.0%	2.8% -0.082 pp	€3.02M -71.9%	4.7% -0.10 pp
2012	€72.89M +19.5%	€8.02M +52.8%	11.0% +0.024 pp	€10.73M +11.2%	14.7% -0.011 pp
2011	€61.00M +34.7%	€5.25M -221.9%	8.6% +0.18 pp	€9.65M +168.2%	15.8% +0.079 pp
2010	€45.29M -4.0%	-€4.31M -3,924.1%	-9.5% -0.097 pp	€3.60M -65.8%	7.9% -0.14 pp
2009	€47.19M +14.1%	€112.59K -103.5%	0.2% +0.079 pp	€10.52M -607.7%	22.3% +0.27 pp
2008	€41.34M -13.1%	-€3.18M -218.9%	-7.7% -0.13 pp	-€2.07M -114.1%	-5.0% -0.36 pp
2006	€47.57M -7.2%	€2.68M -64.8%	5.6% -0.092 pp	€14.67M +129.8%	30.9% +0.18 pp
2005	€51.26M -6.8%	€7.61M -17.9%	14.9% -0.020 pp	€6.39M -68.3%	12.5% -0.24 pp
2004	€55.00M	€9.27M	16.9%	€20.15M	36.6%