WLM Participações e Comércio de Máquinas e Veículos S.A. (BVMF: WLMM4)

WLMM4 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	3,060	2,391	1,980	1,851	972.39	1,075
Revenue Growth (YoY)	37.17%	20.72%	6.98%	90.37%	-9.58%	42.96%
Cost of Revenue	2,712	2,094	1,715	1,611	818.08	937.8
Gross Profit	347.78	297	265.28	240.53	154.31	137.68
Selling, General & Admin	163.89	149.53	131.27	117.58	86.51	91.24
Other Operating Expenses	-17.07	-16.17	-20.82	-13.16	-9.76	-9.6
Operating Expenses	146.81	133.36	110.45	104.42	76.75	81.65
Operating Income	200.96	163.64	154.83	136.11	77.56	56.03
Interest Expense	-12.72	-11.86	-2.05	-1.36	-2.63	-3.1
Interest & Investment Income	8.37	9.37	16.05	10.44	2.42	5.68
Earnings From Equity Investments	0.6	0.13	0.12	0.03	0.03	-0
Other Non Operating Income (Expenses)	-1.44	-0.76	-1.58	-	-	-
EBT Excluding Unusual Items	195.77	160.51	167.37	145.21	77.37	58.61
Asset Writedown	0.75	-3.83	-1.96	-	-	-
Pretax Income	196.51	156.68	165.41	145.21	77.37	58.61
Income Tax Expense	62.04	42.03	48.11	39.41	22.87	8.78
Earnings From Continuing Operations	134.47	114.65	117.29	105.8	54.51	49.84
Earnings From Discontinued Operations	-0.05	-0.06	-0.02	-0.08	-0.08	-0.06
Net Income to Company	134.42	114.59	117.27	105.73	54.43	49.78
Minority Interest in Earnings	0.03	0.05	0.02	0.01	-0.03	0.01
Net Income	134.45	114.64	117.3	105.73	54.4	49.79
Net Income to Common	134.45	114.64	117.3	105.73	54.4	49.79
Net Income Growth	18.59%	-2.27%	10.94%	94.35%	9.27%	209.70%
Shares Outstanding (Basic)	36	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36	36
EPS (Basic)	3.69	3.15	3.22	2.90	1.49	1.37
EPS (Diluted)	3.69	3.15	3.22	2.90	1.49	1.37
EPS Growth	18.59%	-2.27%	10.94%	94.35%	9.27%	209.70%
Free Cash Flow	0.83	-16.99	-161.27	38.23	103.97	8.38
Free Cash Flow Per Share	0.02	-0.47	-4.43	1.05	2.86	0.23
Dividend Per Share	0.208	-	0.958	0.656	-	-
Dividend Growth	-78.24%	-	45.91%	-	-	-
Gross Margin	11.37%	12.42%	13.40%	12.99%	15.87%	12.80%
Operating Margin	6.57%	6.84%	7.82%	7.35%	7.98%	5.21%
Profit Margin	4.39%	4.80%	5.92%	5.71%	5.59%	4.63%
Free Cash Flow Margin	0.03%	-0.71%	-8.14%	2.07%	10.69%	0.78%
EBITDA	206.36	168.44	158.79	140.06	81.33	61.77
EBITDA Margin	6.74%	7.05%	8.02%	7.57%	8.36%	5.74%
D&A For EBITDA	5.4	4.8	3.96	3.95	3.77	5.74
EBIT	200.96	163.64	154.83	136.11	77.56	56.03
EBIT Margin	6.57%	6.84%	7.82%	7.35%	7.98%	5.21%
Effective Tax Rate	31.57%	26.82%	29.09%	27.14%	29.55%	14.97%
Revenue as Reported	3,054	2,380	1,975	1,859	991.22	1,084
Advertising Expenses	-	1.78	1.71	-	-	-

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