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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	202.96	220.16	217.23	149.37	141.54	128.03
Other Revenue	6.64	7.11	12.89	2.84	-0.87	-9.02
Total Revenue	209.6	227.26	230.12	152.2	140.67	119.02
Revenue Growth (YoY	-18.55%	-1.24%	51.20%	8.20%	18.19%	14.80%
Property Expenses	4.88	3.89	3.04	2.17	1.7	2.16
Selling, General & Administrative	56.28	54.7	50.99	35.87	32.09	26
Other Operating Expenses	123.43	165.37	17.01	-8.27	7.4	10.31
Total Operating Expenses	184.59	223.95	71.04	29.77	41.19	38.47
Operating Income	25.01	3.31	159.08	122.43	99.48	80.55
Interest Expense	-170.8	-175.97	-147.38	-47.87	-30.39	-55.93
Interest & Investment Income	87.63	78.92	88.94	54.48	15.33	17.78
Other Non-Operating Income	-1.11	20.45	-42.3	-	-	-
EBT Excluding Unusual Items	-59.28	-73.3	58.35	129.04	84.42	42.41
Asset Writedown	325.62	257.8	339.13	291.27	151.27	99.62
Pretax Income	266.35	184.5	397.48	420.31	235.69	142.03
Income Tax Expense	-2.71	-10.46	-3.22	37.07	93.12	48.69
Earnings From Continuing Operations	269.06	194.96	400.7	383.24	142.57	93.34
Minority Interest in Earnings	-0.09	-2.78	-14.63	-14.28	-2.61	-3.13
Net Income	268.97	192.18	386.07	368.96	139.96	90.2
Net Income to Common	268.97	192.18	386.07	368.96	139.96	90.2
Net Income Growth	19.50%	-50.22%	4.64%	163.62%	55.16%	107.43%
Basic Shares Outstanding	100	100	101	102	102	78
Diluted Shares Outstanding	100	100	101	102	102	78
Shares Change (YoY)	-0.10%	-0.92%	-1.34%	0.16%	30.12%	13.13%
EPS (Basic)	2.70	1.93	3.84	3.62	1.38	1.15
EPS (Diluted)	2.69	1.92	3.83	3.61	1.37	1.15
EPS Growth	19.63%	-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	11.93%	1.46%	69.13%	80.44%	70.72%	67.68%
Profit Margin	128.33%	84.56%	167.77%	242.41%	99.50%	75.79%
Free Cash Flow Margin	64.55%	69.18%	55.96%	82.04%	94.89%	89.35%
EBITDA	28.27	6.39	160.73	123.26	100.2	81.28
EBITDA Margin	13.49%	2.81%	69.84%	80.99%	71.24%	68.29%
D&A For Ebitda	3.26	3.08	1.65	0.83	0.73	0.73
EBIT	25.01	3.31	159.08	122.43	99.48	80.55
EBIT Margin	11.93%	1.46%	69.13%	80.44%	70.72%	67.68%
Effective Tax Rate	-	-	-	8.82%	39.51%	34.28%

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