| Schedule of Income Tax recorded in Income |
The income tax recorded in
income for the years ended December 31, 2025, 2024, and 2023, is as follows:
| | |
2025 | | |
2024 | | |
2023 | |
| Loss before income tax | |
| (96,399 | ) | |
| (68,706 | ) | |
| (244,304 | ) |
| Income tax credit at the combined rate of 34% | |
| 32,776 | | |
| 23,360 | | |
| 83,063 | |
| Adjustments for the demonstration of the effective rate: | |
| | | |
| | | |
| | |
| Non-deductible expenses | |
| 2,399 | | |
| 2,370 | | |
| 385 | |
| Unrecognized tax loss carryforwards and temporary differences(i) | |
| (53,558 | ) | |
| (45,123 | ) | |
| (97,273 | ) |
| Deferred tax liability expenses from identifiable assets acquired of businesses | |
| 6,544 | | |
| 5,072 | | |
| 5,072 | |
| Research and development tax benefit | |
| 1,583 | | |
| 4,816 | | |
| 3,247 | |
| Other | |
| (234 | ) | |
| 2 | | |
| 1,948 | |
| Income tax recorded in the income for the year | |
| (10,490 | ) | |
| (9,503 | ) | |
| (3,558 | ) |
| | |
| | | |
| | | |
| | |
| Current tax | |
| (17,990 | ) | |
| (13,518 | ) | |
| (9,751 | ) |
| Deferred tax | |
| 7,500 | | |
| 4,015 | | |
| 6,193 | |
| Effective tax rate | |
| 10.88 | % | |
| 13.83 | % | |
| 1.46 | % |
| (i) | The Company has not recorded a deferred tax asset on tax loss carryforwards and temporary differences as the Company does not expect to realize these tax benefits in the foreseeable future. Tax losses may be carried forward indefinitely, though the amount of the carryforward that can be utilized is limited to 30% of taxable income in each carryforward year. As of December 31, 2025, 2024, and 2023, the Group had total tax losses of R$297.8 million, R$249.7 million, and R$124.7 million, respectively. |
|