SLC Agrícola S.A. (BVMF: SLCE3)

SLC Agrícola 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	6,875	7,231	7,373	4,363	3,098	2,536
Revenue Growth (YoY)	-1.26%	-1.93%	68.98%	40.86%	22.15%	20.80%
Cost of Revenue	4,678	4,610	4,242	2,116	2,027	1,753
Gross Profit	2,197	2,621	3,131	2,248	1,070	783.18
Selling, General & Admin	691.16	697.7	663.21	453.61	302.61	256.12
Other Operating Expenses	9.48	11	-12.06	-28.89	-6.25	-23.72
Operating Expenses	700.64	708.71	651.15	424.72	296.37	232.4
Operating Income	1,497	1,912	2,480	1,823	773.93	550.78
Interest Expense	-497.48	-473.17	-371.74	-162.1	-84.7	-347.71
Interest & Investment Income	157.71	162.35	110.81	43.1	29.91	203.66
Currency Exchange Gain (Loss)	-181.95	140.01	148.34	-99.37	-104.66	-
Other Non Operating Income (Expenses)	-283.99	-540.47	-586.88	-134.19	67.69	-
EBT Excluding Unusual Items	690.84	1,201	1,781	1,470	682.18	406.73
Gain (Loss) on Sale of Investments	-24.91	-26.15	-25.86	-14.83	-	-
Gain (Loss) on Sale of Assets	7.53	6.73	2.15	-	-	-
Asset Writedown	13.71	42.53	49.91	105.68	7.18	7.93
Legal Settlements	-1.31	0.08	-1.06	-0.4	-0.19	-
Pretax Income	685.86	1,224	1,806	1,561	689.18	414.66
Income Tax Expense	121.22	285.93	469.09	430.05	178.23	99.62
Earnings From Continuing Operations	564.64	937.98	1,337	1,131	510.95	315.04
Minority Interest in Earnings	1.04	-42.38	-69.27	-68.64	-22.27	-3.53
Net Income	565.69	895.6	1,267	1,062	488.67	311.51
Net Income to Common	565.69	895.6	1,267	1,062	488.67	311.51
Net Income Growth	-38.61%	-29.34%	19.33%	117.35%	56.87%	-18.29%
Shares Outstanding (Basic)	424	431	460	458	454	452
Shares Outstanding (Diluted)	426	434	461	460	456	456
Shares Change (YoY)	-7.18%	-5.84%	0.18%	0.93%	0.11%	-0.73%
EPS (Basic)	1.34	2.08	2.75	2.32	1.08	0.69
EPS (Diluted)	1.33	2.06	2.75	2.31	1.07	0.68
EPS Growth	-33.87%	-24.96%	19.13%	115.33%	56.70%	-17.69%
Free Cash Flow	1,107	1,338	1,563	34.69	594.73	296.99
Free Cash Flow Per Share	2.60	3.08	3.39	0.08	1.30	0.65
Dividend Per Share	0.884	0.884	1.340	1.105	0.511	0.320
Dividend Growth	-34.02%	-34.02%	21.29%	116.06%	59.85%	-16.35%
Gross Margin	31.96%	36.24%	42.47%	51.51%	34.55%	30.88%
Operating Margin	21.77%	26.44%	33.64%	41.78%	24.99%	21.72%
Profit Margin	8.23%	12.39%	17.19%	24.34%	15.78%	12.28%
Free Cash Flow Margin	16.10%	18.50%	21.21%	0.80%	19.20%	11.71%
EBITDA	1,719	2,111	2,643	1,966	893.62	656.59
EBITDA Margin	25.00%	29.20%	35.84%	45.07%	28.85%	25.89%
D&A For EBITDA	221.97	199.41	162.59	143.46	119.69	105.81
EBIT	1,497	1,912	2,480	1,823	773.93	550.78
EBIT Margin	21.77%	26.44%	33.64%	41.78%	24.99%	21.72%
Effective Tax Rate	17.67%	23.36%	25.98%	27.55%	25.86%	24.02%
Revenue as Reported	-	-	-	-	3,873	3,041
Advertising Expenses	-	7.63	6.31	2.38	2.69	-

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