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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,470	2,434	2,513	2,343	1,897	2,071
Revenue Growth (YoY)	0.34%	-3.15%	7.26%	23.50%	-8.41%	-11.25%
Cost of Revenue	1,348	1,350	1,505	1,312	1,022	1,127
Gross Profit	1,121	1,084	1,008	1,030	874.46	944.52
Selling, General & Admin	703.16	698.74	715.48	615.96	504.59	614.25
Other Operating Expenses	4.35	38.44	25.38	20.49	20.69	-239.09
Operating Expenses	707.51	737.18	740.86	636.46	525.28	375.16
Operating Income	413.6	346.51	266.91	393.61	349.17	569.36
Interest Expense	-9.73	-9.11	-8.78	-6.04	-7.89	-9.01
Interest & Investment Income	138.41	175.81	199.33	120.87	85.74	361.74
Earnings From Equity Investments	-54.73	-62.97	-27.79	-0.09	0.01	-
Currency Exchange Gain (Loss)	-11.11	13.86	12.8	0.16	-52.86	5.17
Other Non Operating Income (Expenses)	97.15	124.32	15.48	13.78	27.99	16.51
EBT Excluding Unusual Items	573.58	588.42	457.94	522.29	402.15	943.77
Gain (Loss) on Sale of Investments	25.02	12.15	117.38	30.44	84.44	-
Other Unusual Items	-8.61	-8.61	-	-	-47.98	-
Pretax Income	589.99	591.97	575.32	552.73	438.61	943.77
Income Tax Expense	31.35	34.3	7.29	-48.28	33.41	124.55
Earnings From Continuing Operations	558.65	557.67	568.03	601.01	405.21	819.22
Net Income	558.65	557.67	568.03	601.01	405.21	819.22
Net Income to Common	558.65	557.67	568.03	601.01	405.21	819.22
Net Income Growth	0.26%	-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)	-0.01%	-0.05%	0.03%	-0.01%	-0.10%	0.00%
EPS (Basic)	0.62	0.62	0.63	0.67	0.45	0.91
EPS (Diluted)	0.62	0.62	0.63	0.67	0.45	0.91
EPS Growth	0.25%	-1.78%	-5.52%	48.34%	-50.49%	39.90%
Free Cash Flow	740.82	630.68	390.09	464.99	52.79	382.66
Free Cash Flow Per Share	0.82	0.70	0.43	0.52	0.06	0.42
Dividend Per Share	0.318	0.314	1.460	0.438	0.533	0.306
Dividend Growth	-77.82%	-78.51%	233.14%	-17.77%	74.30%	-12.51%
Gross Margin	45.40%	44.53%	40.11%	43.97%	46.10%	45.61%
Operating Margin	16.75%	14.24%	10.62%	16.80%	18.41%	27.49%
Profit Margin	22.62%	22.92%	22.61%	25.66%	21.36%	39.56%
Free Cash Flow Margin	30.00%	25.92%	15.53%	19.85%	2.78%	18.48%
EBITDA	476.78	421.82	338.95	459.53	413.35	631.74
EBITDA Margin	19.31%	17.33%	13.49%	19.62%	21.79%	30.50%
D&A For EBITDA	63.17	75.32	72.04	65.92	64.17	62.38
EBIT	413.6	346.51	266.91	393.61	349.17	569.36
EBIT Margin	16.75%	14.24%	10.62%	16.80%	18.41%	27.49%
Effective Tax Rate	5.31%	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.