TIM S.A. (TIMB) — Financial statements
Income statement, balance sheet, and cash flow for TIM S.A. — annual and quarterly history with growth and margin analysis.
| Metric (BRL Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 26,625↑4.6% | 25,448↑6.8% | 23,834↑10.7% | 21,531↑19.2% | 18,058 | |
| Cost of Revenue | 12,267↑3.1% | 11,893↑3.5% | 11,496↑7.9% | 10,656↑26.2% | 8,443 | |
| Gross Profit | 14,358↑5.9% | 13,555↑9.9% | 12,337↑13.4% | 10,875↑13.1% | 9,615 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,734↓29.8% | 2,472↑5.7% | 2,338↑4.1% | 2,245↑18.1% | 1,902 | |
| Selling & Marketing Expenses | 5,960↑113.8% | 2,788↓3.0% | 2,873↑0.8% | 2,850↑26.8% | 2,248 | |
| SG&A Expenses | 7,694↑46.3% | 5,260↑0.9% | 5,211↑2.3% | 5,095↑22.8% | 4,150 | |
| Other Expenses | 0.00↓100.0% | 2,465↑7.6% | 2,291↓0.4% | 2,301↑34.6% | 1,709 | |
| Operating Expenses | 7,694↓0.4% | 7,725↑3.0% | 7,503↑1.4% | 7,396↑26.2% | 5,859 | |
| Total Costs & Expenses | 19,961↑1.7% | 19,618↑3.3% | 18,999↑5.2% | 18,052↑26.2% | 14,302 | |
| Operating Results | ||||||
| Operating Income | 6,664↑14.3% | 5,830↑20.6% | 4,835↑39.0% | 3,479↓7.4% | 3,756 | |
| Depreciation & Amortization | 4,407↓37.3% | 7,026↓1.3% | 7,117↑4.2% | 6,827↑19.9% | 5,692 | |
| EBITDA | 11,068↓14.8% | 12,989↑4.7% | 12,410↑15.1% | 10,785↑5.2% | 10,251 | |
| EBIT | 6,660↑11.7% | 5,963↑12.7% | 5,293↑33.7% | 3,958↓13.2% | 4,560 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1,188↑26.2% | -1,610↓48.0% | -1,088↑18.5% | -1,335↓55.3% | -860 | |
| Interest Income | 869↑18.9% | 731↓28.5% | 1,021↑13.2% | 902↑51.1% | 597 | |
| Interest Expense | 2,057↓12.1% | 2,340↑11.0% | 2,109↓5.7% | 2,237↑53.6% | 1,456 | |
| Non-Operating Income | 4↑103.0% | -133↑71.0% | -458↑4.4% | -479↑40.4% | -804 | |
| Other Income / Expenses | -2,104↑4.7% | -2,207↓33.7% | -1,651↑6.1% | -1,758↓169.3% | -653 | |
| Income Before Tax | 4,560↑25.9% | 3,622↑13.8% | 3,184↑85.0% | 1,721↓44.5% | 3,103 | |
| Income Tax Expense | 248↓47.1% | 469↑35.2% | 347↑591.1% | 50↓65.7% | 146 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,312↑36.7% | 3,154↑11.2% | 2,837↑69.8% | 1,671↓43.5% | 2,957 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,312↑36.7% | 3,154↑11.2% | 2,837↑69.8% | 1,671↓43.5% | 2,957 | |
| Bottom-Line Net Income | 4,312↑36.7% | 3,154↑11.2% | 2,837↑69.8% | 1,671↓43.5% | 2,957 | |
| EPS (Basic) | 8.95↑19.3% | 7.50↑30.4% | 5.75↑60.6% | 3.58↓43.6% | 6.35 | |
| EPS (Diluted) | 8.95↑20.1% | 7.45↑29.6% | 5.75↑60.6% | 3.58↓43.6% | 6.35 | |
| Weighted Average Shares | 483↓0.3% | 484↓0.0% | 484↑0.0% | 484↓0.0% | 484 | |
| Weighted Average Diluted Shares | 483↓0.2% | 484↓0.0% | 484↑0.0% | 484↓0.0% | 484 | |
* All figures in Millions of BRL, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.