LOG Commercial Properties e Participações S.A. (BVMF: LOGG3)

LOGG3 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
Rental Revenue	211.43	220.16	217.23	149.37	141.54	128.03
Other Revenue	3.36	7.11	12.89	2.84	-0.87	-9.02
Total Revenue	214.8	227.26	230.12	152.2	140.67	119.02
Revenue Growth (YoY	-11.38%	-1.24%	51.20%	8.20%	18.19%	14.80%
Property Expenses	5.2	3.89	3.04	2.17	1.7	2.16
Selling, General & Administrative	57.41	54.7	50.99	35.87	32.09	26
Other Operating Expenses	72.18	165.37	17.01	-8.27	7.4	10.31
Total Operating Expenses	134.78	223.95	71.04	29.77	41.19	38.47
Operating Income	80.02	3.31	159.08	122.43	99.48	80.55
Interest Expense	-163.15	-175.97	-147.38	-47.87	-30.39	-55.93
Interest & Investment Income	78.87	78.92	88.94	54.48	15.33	17.78
Other Non-Operating Income	6.97	20.45	-42.3	-	-	-
EBT Excluding Unusual Items	2.71	-73.3	58.35	129.04	84.42	42.41
Asset Writedown	329.23	257.8	339.13	291.27	151.27	99.62
Pretax Income	331.94	184.5	397.48	420.31	235.69	142.03
Income Tax Expense	14.36	-10.46	-3.22	37.07	93.12	48.69
Earnings From Continuing Operations	317.58	194.96	400.7	383.24	142.57	93.34
Minority Interest in Earnings	-0.16	-2.78	-14.63	-14.28	-2.61	-3.13
Net Income	317.42	192.18	386.07	368.96	139.96	90.2
Net Income to Common	317.42	192.18	386.07	368.96	139.96	90.2
Net Income Growth	94.71%	-50.22%	4.64%	163.62%	55.16%	107.43%
Basic Shares Outstanding	98	100	101	102	102	78
Diluted Shares Outstanding	98	100	101	102	102	78
Shares Change (YoY)	-1.56%	-0.92%	-1.34%	0.16%	30.12%	13.13%
EPS (Basic)	3.24	1.93	3.84	3.62	1.38	1.15
EPS (Diluted)	3.23	1.92	3.83	3.61	1.37	1.15
EPS Growth	97.80%	-49.76%	6.06%	163.20%	19.24%	83.35%
Dividend Per Share	0.698	0.698	0.918	0.867	0.325	0.210
Dividend Growth	-23.99%	-23.99%	5.90%	166.33%	55.17%	40.55%
Operating Margin	37.25%	1.46%	69.13%	80.44%	70.72%	67.68%
Profit Margin	147.78%	84.56%	167.77%	242.41%	99.50%	75.79%
Free Cash Flow Margin	63.03%	69.18%	55.96%	82.04%	94.89%	89.35%
EBITDA	83.66	6.39	160.73	123.26	100.2	81.28
EBITDA Margin	38.95%	2.81%	69.84%	80.99%	71.24%	68.29%
D&A For Ebitda	3.65	3.08	1.65	0.83	0.73	0.73
EBIT	80.02	3.31	159.08	122.43	99.48	80.55
EBIT Margin	37.25%	1.46%	69.13%	80.44%	70.72%	67.68%
Effective Tax Rate	4.33%	-	-	8.82%	39.51%	34.28%

Source: S&P Capital IQ. Real Estate template. Financial Sources.