Direcional Engenharia S.A. (BVMF: DIRR3)

Direcional Engenharia Income Statement

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,706	2,355	2,163	1,776	1,501	1,458
Revenue Growth (YoY)	19.16%	8.90%	21.74%	18.37%	2.91%	25.06%
Cost of Revenue	1,761	1,550	1,429	1,146	987.41	967.11
Gross Profit	945.18	804.98	733.73	630.08	513.31	491.12
Selling, General & Admin	422.48	376.95	354.71	323.41	273.62	258.61
Other Operating Expenses	123.95	57.73	64.48	18.39	31.05	41.88
Operating Expenses	546.44	434.68	419.19	341.8	304.67	300.49
Operating Income	398.74	370.29	314.54	288.28	208.64	190.62
Interest Expense	-105.72	-132.6	-154.34	-	-56.93	-80.16
Interest & Investment Income	124.62	126.28	94.89	-	16.98	40.94
Earnings From Equity Investments	80.89	53.7	21.76	17.56	3.45	2.39
Currency Exchange Gain (Loss)	-	-	-	-	-7.82	-
Other Non Operating Income (Expenses)	42.4	20.44	-14.43	-76.72	7.8	-
EBT Excluding Unusual Items	540.92	438.12	262.42	229.13	172.12	153.8
Gain (Loss) on Sale of Investments	83.69	51.7	88.17	-	-	-
Legal Settlements	-30.83	-32.79	-23.15	-	-	-
Other Unusual Items	-5.52	-20.16	-25.91	-	-	-
Pretax Income	591.16	436.86	301.54	229.13	172.12	153.8
Income Tax Expense	52.41	49.98	45.85	35.56	31.11	32.99
Earnings From Continuing Operations	538.75	386.88	255.69	193.56	141.01	120.82
Minority Interest in Earnings	-73.93	-55.32	-65.67	-46.96	-36.04	-20.34
Net Income	464.82	331.56	190.02	146.6	104.97	100.48
Net Income to Common	464.82	331.56	190.02	146.6	104.97	100.48
Net Income Growth	52.87%	74.49%	29.62%	39.66%	4.47%	-
Shares Outstanding (Basic)	173	161	149	145	148	148
Shares Outstanding (Diluted)	175	163	150	147	149	150
Shares Change (YoY)	16.25%	8.94%	2.14%	-1.72%	-0.53%	2.56%
EPS (Basic)	2.69	2.06	1.27	1.01	0.71	0.68
EPS (Diluted)	2.66	2.03	1.27	1.00	0.70	0.67
EPS Growth	31.45%	59.84%	27.00%	42.86%	4.48%	-
Free Cash Flow	-300.8	-178.07	181.01	75.81	273.67	226.18
Free Cash Flow Per Share	-1.72	-1.09	1.21	0.52	1.83	1.51
Dividend Per Share	2.070	0.470	1.170	0.690	0.810	0.500
Dividend Growth	195.71%	-59.83%	69.57%	-14.81%	62.00%	31.58%
Gross Margin	34.93%	34.18%	33.93%	35.47%	34.20%	33.68%
Operating Margin	14.73%	15.72%	14.54%	16.23%	13.90%	13.07%
Profit Margin	17.18%	14.08%	8.79%	8.25%	6.99%	6.89%
Free Cash Flow Margin	-11.12%	-7.56%	8.37%	4.27%	18.24%	15.51%
EBITDA	452.51	423.45	360.42	339.57	242.12	226.5
EBITDA Margin	16.72%	17.98%	16.67%	19.12%	16.13%	15.53%
D&A For EBITDA	53.77	53.16	45.89	51.29	33.48	35.87
EBIT	398.74	370.29	314.54	288.28	208.64	190.62
EBIT Margin	14.73%	15.72%	14.54%	16.23%	13.90%	13.07%
Effective Tax Rate	8.87%	11.44%	15.20%	15.52%	18.07%	21.45%

Source: S&P Capital IQ. Standard template. Financial Sources.