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	140.59	57.73	64.48	18.39	31.05	41.88
Operating Expenses	602.55	434.68	419.19	341.8	304.67	300.49
Operating Income	482.98	370.29	314.54	288.28	208.64	190.62
Interest Expense	-102.54	-132.6	-154.34	-	-56.93	-80.16
Interest & Investment Income	116.3	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)	77.15	20.44	-14.43	-76.72	7.8	-
EBT Excluding Unusual Items	653.6	438.12	262.42	229.13	172.12	153.8
Gain (Loss) on Sale of Investments	83.69	51.7	88.17	-	-	-
Legal Settlements	-33.36	-32.79	-23.15	-	-	-
Other Unusual Items	-8.18	-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)	173	161	149	145	148	148
Shares Outstanding (Diluted)	175	163	150	147	149	150
Shares Change (YoY)	11.30%	8.94%	2.14%	-1.72%	-0.53%	2.56%
EPS (Basic)	3.22	2.06	1.27	1.01	0.71	0.68
EPS (Diluted)	3.18	2.03	1.27	1.00	0.70	0.67
EPS Growth	60.12%	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	-0.71	-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	35.49%	34.18%	33.93%	35.47%	34.20%	33.68%
Operating Margin	15.79%	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	534.95	423.45	360.42	339.57	242.12	226.5
EBITDA Margin	17.49%	17.98%	16.67%	19.12%	16.13%	15.53%
D&A For EBITDA	51.98	53.16	45.89	51.29	33.48	35.87
EBIT	482.98	370.29	314.54	288.28	208.64	190.62
EBIT Margin	15.79%	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.