Exhibit 99.1
MK Soluções Tecnologia S.A.
Audited Annual Consolidated Statements of Financial Position
for the years ended December 31, 2024, and 2023
(In Brazilian reais, unless otherwise stated)
| 12.31.2024 | 12.31.2023 | |||||||
| Current Assets | ||||||||
| Cash and cash equivalents | 7,197,216 | 13,805,518 | ||||||
| Trade accounts receivable, net | 195,574 | 461,623 | ||||||
| Taxes Recoverable | 2,275 | 2,519 | ||||||
| Other current assets | 81,882 | 79,068 | ||||||
| Total current assets | 7,476,947 | 14,348,728 | ||||||
| Non-current assets | ||||||||
| Investments | 21,316 | 18,369 | ||||||
| Property and equipment, net | 863,512 | 1,052,992 | ||||||
| Intangible assets, net | 7,508,296 | 4,694,032 | ||||||
| Total non-current assets | 8,393,124 | 5,765,393 | ||||||
| Total assets | 15,870,071 | 20,114,121 | ||||||
| Current liabilities | ||||||||
| Accounts payable to suppliers | 296,938 | 210,662 | ||||||
| Taxes Payable | 1,250,451 | 1,375,497 | ||||||
| Social Security Contributions Payable | 240,389 | 235,305 | ||||||
| Payroll and Labor Obligations | 1,278,691 | 1,720,035 | ||||||
| Other Liabilities | 51,031 | 65,761 | ||||||
| Total current liabilities | 3,117,500 | 3,607,261 | ||||||
| Non-current liabilities | ||||||||
| Contingency provision | 1,150,322 | - | ||||||
| Tax obligations | - | - | ||||||
| Total non-current liabilities | 1,150,322 | - | ||||||
| Shareholder´s equity | ||||||||
| Share capital | 200,000 | 200,000 | ||||||
| Treasury shares | 11,402,249 | 16,306,860 | ||||||
| Total shareholders | 11,602,249 | 16,506,860 | ||||||
| Total liabilities | 4,267,822 | 3,607,261 | ||||||
| Total liabilities and shareholders | 15,870,071 | 20,114,121 | ||||||
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MK Soluções Tecnologia S.A.
Audited Annual Condensed Consolidated Statements of Income
for the years ended December 31, 2024, and 2023
(In Brazilian reais, unless otherwise stated)
| 12.31.2024 | 12.31.2023 | |||||||
| Net operating revenue | 31,678,971 | 32,963,675 | ||||||
| Cost of services provided | -3,274,673 | -3,761,783 | ||||||
| Gross profit (loss) | 28,404,298 | 29,201,892 | ||||||
| General and administrative expenses | -9,279,098 | -8,763,515 | ||||||
| Sales and marketing expenses | -590,698 | -787,972 | ||||||
| Other operating income (expenses), net | 26,721 | 13,924 | ||||||
| Operating profit (loss) | 18,561,222 | 19,664,329 | ||||||
| Financial income | 1,542,758 | 1,280,072 | ||||||
| Financial expenses | -51,848 | -50,446 | ||||||
| Financial income and expenses, net | 1,490,910 | 1,229,626 | ||||||
| Profit (Loss) before income tax | 20,052,132 | 20,893,955 | ||||||
| Income tax, net | -4,158,204 | -4,212,516 | ||||||
| Net Income | 15,893,929 | 16,681,439 | ||||||
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MK Soluções Tecnologia S.A.
Audited Annual Condensed Consolidated Statements of Shareholders’ Equity
for the years ended December 31, 2024, and 2023
(In Brazilian reais, unless otherwise stated)
| Share Capital | Reserve | Retained earnings (accumulated losses) | Total Equity | |||||||||||||
| Balances as of December 31, 2022 | 200,000 | 7,161,684 | - | 7,361,684 | ||||||||||||
| Profit (Loss) for the period | 16,681,439 | 16,681,439 | ||||||||||||||
| Dividends distribution | -7,536,264 | -7,536,264 | ||||||||||||||
| Balances as of December 31, 2023 | 200,000 | 16,306,860 | - | 16,506,860 | ||||||||||||
| Balances as of January 01, 2024 | 200,000 | 16,306,860 | - | 16,506,860 | ||||||||||||
| Profit (Loss) for the period | 15,893,929 | 15,893,929 | ||||||||||||||
| Dividends distribution | -20,798,539 | -20,798,539 | ||||||||||||||
| Balances as of December 31, 2024 | 200,000 | 11,402,249 | - | 11,602,249 | ||||||||||||
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MK Soluções Tecnologia S.A.
Audited Annual Condensed Consolidated Statements
of Cash Flow
Loss for the years ended December 31 2024, and 2023
(In Brazilian reais, unless otherwise stated)
| 12.31.2024 | 12.31.2023 | |||||||
| Cash flows from operating activities | ||||||||
| Profit before income tax | 20,052,132 | 20,893,955 | ||||||
| Adjustments for: | ||||||||
| Depreciation and Amortization | 855,993 | 716,451 | ||||||
| Gain (loss) on disposal/sale of property, plant and equipment | -20,444 | - | ||||||
| Contingency provision | 1,150,322 | - | ||||||
| Changes in operating assets and liabilities | ||||||||
| Trade Receivables | 266,049 | -130,354 | ||||||
| Other Advances | -2,814 | -3,595 | ||||||
| Recoverable Taxes | 245 | -2,055 | ||||||
| Other Assets | -2,947 | - | ||||||
| Trade Payables | -86,276 | -106,385 | ||||||
| Taxes Payable | 125,046 | -108,630 | ||||||
| Social Security Contributions Payable | 5,084 | 18,036 | ||||||
| Payroll and Labor Obligations | 441,345 | -424,807 | ||||||
| Other accounts payable | -14,731 | -12,962 | ||||||
| Contingency provision | - | - | ||||||
| Corporate income tax (IRPJ) and social contribution on net profit (CSLL) | -5,953,982 | -2,942,925 | ||||||
| Net cash provided by (used in) operating activities | 16,815,022 | 17,896,729 | ||||||
| Cash flows from financing activities | ||||||||
| Dividends paid | -20,798,539 | -7,536,264 | ||||||
| Net cash provided by (used in) financing activities | -20,798,539 | -7,536,264 | ||||||
| Cash flows from investing activities | ||||||||
| Acquisition of property, plant and equipment | 189,479 | -103,277 | ||||||
| Intangible Assets | -2,814,263 | -3,131,968 | ||||||
| Net cash provided by (used in) investing activities | -2,624,784 | -3,235,245 | ||||||
| Net increase (decrease) in cash and cash equivalents | -6,608,301 | 7,125,221 | ||||||
| Cash and cash equivalents at January 1 | 13,805,518 | 6,680,296 | ||||||
| Cash and cash equivalents at June 30 | 7,197,216 | 13,805,518 | ||||||
| Net increase (decrease) in cash and cash equivalents | -6,608,301 | 7,125,222 | ||||||
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