Mitre Realty Empreendimentos e Participações S.A. (BVMF: MTRE3)

MTRE3 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	1,090	926.39	758.63	574	411.25	311.85
Revenue Growth (YoY)	35.30%	22.11%	32.17%	39.57%	31.87%	107.57%
Cost of Revenue	860.03	742.28	537.19	378.27	271.5	212.62
Gross Profit	230.45	184.12	221.43	195.73	139.75	99.23
Selling, General & Admin	173.3	141.8	173.01	149.41	97.57	52.62
Other Operating Expenses	7.09	1.04	1.88	6.07	4.15	4.92
Operating Expenses	180.39	142.84	174.89	155.48	101.72	57.54
Operating Income	50.05	41.28	46.54	40.25	38.03	41.69
Interest Expense	-14.08	-15.59	-0.28	-25.58	-3.9	-6.84
Interest & Investment Income	18.28	18.69	30.18	24.02	22.71	2.38
Earnings From Equity Investments	1.08	-0.54	-1.01	0.23	0.03	0.51
Other Non Operating Income (Expenses)	-8.55	8.46	-24.06	-	-	-
EBT Excluding Unusual Items	46.78	52.3	51.38	38.91	56.88	37.73
Gain (Loss) on Sale of Investments	18.71	65.28	4.35	-	-	-
Gain (Loss) on Sale of Assets	-0.65	-0.65	-	-	-	-
Asset Writedown	-0	-0	-0.01	-	-	-
Legal Settlements	0.42	-1.13	-0.56	-	-	-
Pretax Income	65.25	115.79	55.16	38.91	56.88	37.73
Income Tax Expense	24.06	20.9	17.94	11.53	7.8	5.73
Earnings From Continuing Operations	41.19	94.9	37.22	27.38	49.08	32
Minority Interest in Earnings	-12.35	-4.51	-2.39	-3.06	-0.77	-0.05
Net Income	28.85	90.38	34.83	24.32	48.31	31.95
Net Income to Common	28.85	90.38	34.83	24.32	48.31	31.95
Net Income Growth	-70.45%	159.50%	43.21%	-49.66%	51.21%	105.19%
Shares Outstanding (Basic)	106	106	106	106	98	33
Shares Outstanding (Diluted)	106	106	106	106	100	33
Shares Change (YoY)	-5.57%	-	-0.00%	5.38%	200.70%	44.42%
EPS (Basic)	0.27	0.85	0.33	0.23	0.49	0.96
EPS (Diluted)	0.27	0.85	0.33	0.23	0.48	0.96
EPS Growth	-68.70%	159.50%	43.21%	-52.23%	-49.72%	42.08%
Free Cash Flow	88.8	-75.33	-346.42	-513.98	-73.81	-57.71
Free Cash Flow Per Share	0.84	-0.71	-3.28	-4.86	-0.74	-1.73
Dividend Per Share	0.139	0.812	0.313	0.218	0.434	0.135
Dividend Growth	-84.17%	159.50%	43.21%	-49.66%	220.92%	-
Gross Margin	21.13%	19.87%	29.19%	34.10%	33.98%	31.82%
Operating Margin	4.59%	4.46%	6.14%	7.01%	9.25%	13.37%
Profit Margin	2.65%	9.76%	4.59%	4.24%	11.75%	10.25%
Free Cash Flow Margin	8.14%	-8.13%	-45.66%	-89.54%	-17.95%	-18.50%
EBITDA	54.74	49.37	51.89	45.28	40.27	43.22
EBITDA Margin	5.02%	5.33%	6.84%	7.89%	9.79%	13.86%
D&A For EBITDA	4.69	8.09	5.34	5.03	2.24	1.54
EBIT	50.05	41.28	46.54	40.25	38.03	41.69
EBIT Margin	4.59%	4.46%	6.14%	7.01%	9.25%	13.37%
Effective Tax Rate	36.87%	18.05%	32.52%	29.63%	13.71%	15.20%

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