Patria Investments Ltd. has released its actual financial results for the year ended December 31, 2024. The company reported a net income of $75.7 million, a decrease of 59.6% compared to $120.8 million in 2023. Income tax for the year was reported at $10.3 million, marking a significant variation of -467.9% from 2023, when a benefit of $2.8 million was recorded. The net financial expense increased dramatically by 1114.1%, from $1.7 million in 2023 to $20.6 million in 2024. The share of equity-accounted losses slightly decreased from $0.7 million in 2023 to $0.5 million in 2024. The company's net revenue from services for 2023 showed a 13.2% increase, reaching $252.9 million compared to $223.5 million in 2022. Within this, revenue from private equity rose by 12.4% to $112.0 million, while infrastructure revenue saw a slight decline of 2.7% to $50.2 million. Credit revenue increased by 5.9% to $39.5 million, while real estate experienced a substantial growth of 69.7%, reaching $20.7 million. Public equities and advisory and distribution also saw increases of 10.9% and 107.4%, respectively. Patria Investments Ltd. continues to operate under a tax regime that exempts it from income taxes in the Cayman Islands, although its subsidiaries outside the Cayman Islands may be subject to income tax and/or social contributions in their respective countries.