Grendene S.A. (BVMF: GRND3)

Grendene 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	2,530	2,434	2,513	2,343	1,897	2,071
Revenue Growth (YoY)	3.83%	-3.15%	7.26%	23.50%	-8.41%	-11.25%
Cost of Revenue	1,363	1,350	1,505	1,312	1,022	1,127
Gross Profit	1,166	1,084	1,008	1,030	874.46	944.52
Selling, General & Admin	709.18	698.74	715.48	615.96	504.59	614.25
Other Operating Expenses	-7.88	38.44	25.38	20.49	20.69	-239.09
Operating Expenses	701.3	737.18	740.86	636.46	525.28	375.16
Operating Income	465.16	346.51	266.91	393.61	349.17	569.36
Interest Expense	-10.73	-9.11	-8.78	-6.04	-7.89	-9.01
Interest & Investment Income	146.25	175.81	199.33	120.87	85.74	361.74
Earnings From Equity Investments	-52.51	-62.97	-27.79	-0.09	0.01	-
Currency Exchange Gain (Loss)	-3.49	13.86	12.8	0.16	-52.86	5.17
Other Non Operating Income (Expenses)	106.57	124.32	15.48	13.78	27.99	16.51
EBT Excluding Unusual Items	651.26	588.42	457.94	522.29	402.15	943.77
Gain (Loss) on Sale of Investments	59.34	12.15	117.38	30.44	84.44	-
Other Unusual Items	-8.61	-8.61	-	-	-47.98	-
Pretax Income	702	591.97	575.32	552.73	438.61	943.77
Income Tax Expense	54.11	34.3	7.29	-48.28	33.41	124.55
Earnings From Continuing Operations	647.89	557.67	568.03	601.01	405.21	819.22
Net Income	647.89	557.67	568.03	601.01	405.21	819.22
Net Income to Common	647.89	557.67	568.03	601.01	405.21	819.22
Net Income Growth	25.26%	-1.82%	-5.49%	48.32%	-50.54%	39.91%
Shares Outstanding (Basic)	902	902	902	902	902	902
Shares Outstanding (Diluted)	902	902	902	902	902	903
Shares Change (YoY)	-0.00%	-0.05%	0.03%	-0.01%	-0.10%	0.00%
EPS (Basic)	0.72	0.62	0.63	0.67	0.45	0.91
EPS (Diluted)	0.72	0.62	0.63	0.67	0.45	0.91
EPS Growth	25.27%	-1.78%	-5.52%	48.34%	-50.49%	39.90%
Free Cash Flow	710.88	630.68	390.09	464.99	52.79	382.66
Free Cash Flow Per Share	0.79	0.70	0.43	0.52	0.06	0.42
Dividend Per Share	0.409	0.314	1.460	0.438	0.533	0.306
Dividend Growth	-70.48%	-78.51%	233.14%	-17.77%	74.30%	-12.51%
Gross Margin	46.11%	44.53%	40.11%	43.97%	46.10%	45.61%
Operating Margin	18.39%	14.24%	10.62%	16.80%	18.41%	27.49%
Profit Margin	25.61%	22.92%	22.61%	25.66%	21.36%	39.56%
Free Cash Flow Margin	28.10%	25.92%	15.53%	19.85%	2.78%	18.48%
EBITDA	523.43	421.82	338.95	459.53	413.35	631.74
EBITDA Margin	20.69%	17.33%	13.49%	19.62%	21.79%	30.50%
D&A For EBITDA	58.27	75.32	72.04	65.92	64.17	62.38
EBIT	465.16	346.51	266.91	393.61	349.17	569.36
EBIT Margin	18.39%	14.24%	10.62%	16.80%	18.41%	27.49%
Effective Tax Rate	7.71%	5.79%	1.27%	-	7.62%	13.20%
Advertising Expenses	-	111.93	108.93	80.83	61.11	123.23

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