Patria Investments Ltd (PAX) — Financial statements
Income statement, balance sheet, and cash flow for Patria Investments Ltd — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 384↑2.6% | 374↑14.2% | 328↑26.6% | 259↑9.9% | 236 | |
| Cost of Revenue | 15↓71.1% | 50↑30.3% | 39↑11.2% | 35↑137.9% | 15 | |
| Gross Profit | 369↑14.1% | 324↑12.1% | 289↑28.9% | 224↑1.4% | 221 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 44↓62.4% | 116↑23.5% | 94↑34.6% | 70↓5.6% | 74 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 4↑55.3% | 3↑68.4% | 2↑405.3% | 0.34 | |
| SG&A Expenses | 44↓63.8% | 121↑24.5% | 97↑35.4% | 72↓3.8% | 75 | |
| Other Expenses | 194↑425.7% | 37↑32.4% | 28↑27.4% | 22↑140.6% | 9 | |
| Operating Expenses | 238↑50.7% | 158↑26.2% | 125↑33.5% | 94↑11.9% | 84 | |
| Total Costs & Expenses | 253↑21.2% | 208↑27.2% | 164↑27.5% | 128↑30.7% | 98 | |
| Operating Results | ||||||
| Operating Income | 131↓20.9% | 166↑1.2% | 164↑25.6% | 130↓5.0% | 137 | |
| Depreciation & Amortization | 0.00↓100.0% | 36↑32.1% | 27↑27.9% | 21↑142.2% | 9 | |
| EBITDA | 131↓1.4% | 133↓9.0% | 146↑16.7% | 125↓4.5% | 131 | |
| EBIT | 131↑34.8% | 97↓18.3% | 119↑14.4% | 104↓15.0% | 123 | |
| Interest & Other Income | ||||||
| Net Interest Income | -39↓242.0% | -11↓817.3% | -1↑31.2% | -2↓76.8% | -1 | |
| Interest Income | -39 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00↓100.0% | 11↑817.3% | 1↓31.2% | 2↑76.8% | 1 | |
| Non-Operating Income | 0.00↓100.0% | 69↑53.5% | 45↑70.6% | 26↑78.7% | 15 | |
| Other Income / Expenses | -39↑51.1% | -80↓74.3% | -46↓64.0% | -28↓78.6% | -16 | |
| Income Before Tax | 92↑7.2% | 86↓27.1% | 118↑15.2% | 102↓15.7% | 122 | |
| Income Tax Expense | 2↓83.5% | 10↑466.0% | -3↓133.7% | 8↑2091.3% | 0.38 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 91↑19.6% | 76↓37.4% | 121↑28.4% | 94↓22.4% | 121 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 86↑19.1% | 72↓39.3% | 118↑27.4% | 93↓24.1% | 122 | |
| Bottom-Line Net Income | 86↑19.1% | 72↓39.3% | 118↑27.4% | 93↓24.1% | 122 | |
| EPS (Basic) | 0.54↑14.9% | 0.47↓41.3% | 0.80↑27.0% | 0.63↓30.0% | 0.90 | |
| EPS (Diluted) | 0.54↑14.9% | 0.47↓41.3% | 0.80↑27.0% | 0.63↓30.0% | 0.90 | |
| Weighted Average Shares | 158↑2.9% | 154↑3.6% | 148↑0.7% | 147↑8.3% | 136 | |
| Weighted Average Diluted Shares | 158↑2.9% | 154↑3.3% | 149↑1.0% | 147↑8.3% | 136 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.