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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,059	2,355	2,163	1,776	1,501	1,458
Revenue Growth (YoY)	35.70%	8.90%	21.74%	18.37%	2.91%	25.06%
Cost of Revenue	1,974	1,550	1,429	1,146	987.41	967.11
Gross Profit	1,086	804.98	733.73	630.08	513.31	491.12
Selling, General & Admin	461.96	376.95	354.71	323.41	273.62	258.61
Other Operating Expenses	100.96	57.73	64.48	18.39	31.05	41.88
Operating Expenses	562.92	434.68	419.19	341.8	304.67	300.49
Operating Income	522.61	370.29	314.54	288.28	208.64	190.62
Interest Expense	-183	-132.6	-154.34	-	-56.93	-80.16
Interest & Investment Income	32.27	126.28	94.89	-	16.98	40.94
Earnings From Equity Investments	79.72	53.7	21.76	17.56	3.45	2.39
Currency Exchange Gain (Loss)	-	-	-	-	-7.82	-
Other Non Operating Income (Expenses)	242.33	20.44	-14.43	-76.72	7.8	-
EBT Excluding Unusual Items	693.94	438.12	262.42	229.13	172.12	153.8
Gain (Loss) on Sale of Investments	-	51.7	88.17	-	-	-
Legal Settlements	-10.31	-32.79	-23.15	-	-	-
Other Unusual Items	15.01	-20.16	-25.91	-	-	-
Pretax Income	698.64	436.86	301.54	229.13	172.12	153.8
Income Tax Expense	61.08	49.98	45.85	35.56	31.11	32.99
Earnings From Continuing Operations	637.56	386.88	255.69	193.56	141.01	120.82
Minority Interest in Earnings	-81.04	-55.32	-65.67	-46.96	-36.04	-20.34
Net Income	556.52	331.56	190.02	146.6	104.97	100.48
Net Income to Common	556.52	331.56	190.02	146.6	104.97	100.48
Net Income Growth	79.20%	74.49%	29.62%	39.66%	4.47%	-
Shares Outstanding (Basic)	177	161	149	145	148	148
Shares Outstanding (Diluted)	178	163	150	147	149	150
Shares Change (YoY)	16.63%	8.94%	2.14%	-1.72%	-0.53%	2.56%
EPS (Basic)	3.14	2.06	1.27	1.01	0.71	0.68
EPS (Diluted)	3.12	2.03	1.27	1.00	0.70	0.67
EPS Growth	53.16%	59.84%	27.00%	42.86%	4.48%	-
Free Cash Flow	-124.31	-178.07	181.01	75.81	273.67	226.18
Free Cash Flow Per Share	-0.70	-1.09	1.21	0.52	1.83	1.51
Dividend Per Share	0.470	0.470	1.170	0.690	0.810	0.500
Dividend Growth	-32.86%	-59.83%	69.57%	-14.81%	62.00%	31.58%
Gross Margin	35.49%	34.18%	33.93%	35.47%	34.20%	33.68%
Operating Margin	17.08%	15.72%	14.54%	16.23%	13.90%	13.07%
Profit Margin	18.19%	14.08%	8.79%	8.25%	6.99%	6.89%
Free Cash Flow Margin	-4.06%	-7.56%	8.37%	4.27%	18.24%	15.51%
EBITDA	581.42	423.45	360.42	339.57	242.12	226.5
EBITDA Margin	19.01%	17.98%	16.67%	19.12%	16.13%	15.53%
D&A For EBITDA	58.81	53.16	45.89	51.29	33.48	35.87
EBIT	522.61	370.29	314.54	288.28	208.64	190.62
EBIT Margin	17.08%	15.72%	14.54%	16.23%	13.90%	13.07%
Effective Tax Rate	8.74%	11.44%	15.20%	15.52%	18.07%	21.45%

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