EMAE (B3: EMAE4) stock: the official figures
EMAE (EMAE - Empresa Metrop.aguas Energia S.A.) is listed on B3, the São Paulo stock exchange, under the ticker EMAE4. In fiscal 2025 it reported revenue of BRL 476.9m and a net loss of BRL 133.4m, according to the annual accounts it filed with the regulator.
Identifiers for EMAE: CNPJ 02.302.101/0001-42.
Fiscal 2025 figures
| Item | 2025 | 2024 | Change |
|---|---|---|---|
| Revenue | BRL 476.9m | BRL 621.4m | −23.3% |
| Operating profit | −BRL 344.9m | −BRL 9.8m | — |
| Net profit | −BRL 133.4m | BRL 54.7m | −343.7% |
| Operating margin | −72.3% | −1.6% | −70.7 pts |
| Net margin | −28.0% | 8.8% | −36.8 pts |
| Total assets | BRL 1,770m | BRL 2,087m | −15.2% |
| Equity | BRL 594.8m | BRL 1,185m | −49.8% |
| Cash | BRL 379.9m | BRL 311.3m | +22.0% |
| Operating cash flow | −BRL 89.2m | BRL 81.8m | −209.0% |
Margins are calculated from the filed figures: operating profit and net profit over revenue.
10 fiscal years
| Fiscal year | Revenue | Operating profit | Net profit | Document |
|---|---|---|---|---|
| 2025 | BRL 476.9m | −BRL 344.9m | −BRL 133.4m | Annual report |
| 2024 | BRL 621.4m | −BRL 9.8m | BRL 54.7m | Annual report |
| 2023 | BRL 603.3m | BRL 77.3m | BRL 150.5m | Annual report |
| 2022 | BRL 532.7m | −BRL 30.2m | BRL 68.0m | Annual report |
| 2021 | BRL 529.0m | BRL 56.1m | BRL 149.9m | Annual report |
| 2020 | BRL 447.1m | BRL 143.1m | BRL 198.5m | Annual report |
| 2019 | BRL 439.0m | BRL 34.9m | BRL 92.6m | Annual report |
| 2018 | BRL 316.4m | BRL 1.3m | BRL 101.5m | Annual report |
| 2017 | BRL 209.5m | BRL 110.5m | BRL 119.1m | Annual report |
| 2016 | BRL 206.6m | −BRL 0.4m | BRL 55.0m | Annual report |
The full income statement, balance sheet and cash flow statement are in the annual accounts of EMAE. Year by year: revenue and net income.
Dividends
In fiscal 2024, EMAE paid BRL 55.1m in dividends, 100.7% of its net profit, according to its cash flow statement.
| Fiscal year | Dividends paid | Share of net profit |
|---|---|---|
| 2024 | BRL 55.1m | 100.7% |
| 2023 | BRL 106.5m | 70.8% |
| 2022 | BRL 29.6m | 43.5% |
| 2021 | BRL 282.9m | 188.7% |
| 2020 | BRL 60.6m | 30.5% |
| 2019 | BRL 27.7m | 29.9% |
| 2018 | BRL 34.3m | 33.8% |
| 2017 | BRL 14.8m | 12.4% |
| 2016 | BRL 3.6m | 6.6% |
Cash paid out as dividends during the fiscal year, including dividends to minority shareholders of subsidiaries when the company does not report them separately. It is not the dividend per share.
Frequently asked questions about EMAE
- How much did EMAE earn in fiscal 2025?
- EMAE reported a net loss of BRL 133.4m for fiscal 2025, on revenue of BRL 476.9m. The year before it reported a net profit of BRL 54.7m.
- Where is EMAE listed?
- EMAE is listed on B3, the São Paulo stock exchange, under the ticker EMAE4.
- Where do the figures for EMAE come from?
- From the annual financial statements (DFP) that EMAE files with the CVM, the Brazilian securities regulator. Each fiscal year links to its filing.
Where each figure comes from
The annual accounts come from the annual financial statements (DFP) that EMAE files with the CVM, the Brazilian securities regulator. Each fiscal year in the table links to its filing. Celsmar reads the tagged figures from the document and does not adjust them: if an item is not in the filing, it is not shown. More detail in data sources and, if you spot an error, in corrections. What Celsmar is and what it costs, in its fact sheet.
More companies from Brazil and the rest of the region: Latin American stocks.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.