Melcor Developments Ltd. (TSX: MRD)

Melcor Developments Income Statement

Financials in millions CAD. 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
Revenue	304.1	315.24	241.75	315.63	226.82	207.97
Revenue Growth (YoY)	14.17%	30.40%	-23.41%	39.15%	9.06%	-22.23%
Cost of Revenue	167.18	172.89	123.48	175.5	128.6	111.19
Gross Profit	136.91	142.35	118.26	140.13	98.22	96.79
Selling, General & Admin	25.96	22.64	22.68	21.55	18.88	22.16
Other Operating Expenses	-	-	-	-	-1.1	-
Operating Expenses	26.27	22.95	23.02	21.94	18.26	22.56
Operating Income	110.65	119.4	95.24	118.19	79.96	74.22
Interest Expense	-32.86	-27.66	-24.26	-22.85	-25.03	-23.16
Interest & Investment Income	3.47	3.21	1.61	0.57	0.57	1.34
Currency Exchange Gain (Loss)	0.52	0.1	1.11	0.08	-0.37	-0.04
Other Non Operating Income (Expenses)	-12.63	5.13	17.12	-36.62	34.51	-22.18
EBT Excluding Unusual Items	69.15	100.18	90.82	59.37	89.65	30.17
Gain (Loss) on Sale of Assets	0.06	0.05	0.04	0.15	0.04	0.08
Asset Writedown	-48.54	-24.46	21.55	19.37	-76.48	12.23
Pretax Income	20.67	75.78	112.42	78.89	13.21	42.49
Income Tax Expense	9.21	12.8	23.06	22.58	1.74	4.75
Earnings From Continuing Operations	11.46	62.98	89.35	56.31	11.46	37.74
Net Income	11.46	62.98	89.35	56.31	11.46	37.74
Net Income to Common	11.46	62.98	89.35	56.31	11.46	37.74
Net Income Growth	-87.25%	-29.52%	58.68%	391.20%	-69.62%	-41.28%
Shares Outstanding (Basic)	29	31	32	33	33	33
Shares Outstanding (Diluted)	29	31	33	33	33	33
Shares Change (YoY)	-7.01%	-4.61%	-1.86%	-0.17%	-0.18%	-0.17%
EPS (Basic)	0.39	2.04	2.75	1.70	0.34	1.13
EPS (Diluted)	0.39	2.03	2.74	1.70	0.34	1.13
EPS Growth	-86.28%	-25.91%	61.18%	400.00%	-69.91%	-41.15%
Free Cash Flow	63.63	48.09	17.62	71.6	52.06	30.29
Free Cash Flow Per Share	2.18	1.55	0.54	2.16	1.56	0.91
Dividend Per Share	0.490	0.640	0.580	0.440	0.340	0.500
Dividend Growth	-22.22%	10.34%	31.82%	29.41%	-32.00%	-3.85%
Gross Margin	45.02%	45.16%	48.92%	44.40%	43.30%	46.54%
Operating Margin	36.39%	37.88%	39.40%	37.45%	35.25%	35.69%
Profit Margin	3.77%	19.98%	36.96%	17.84%	5.05%	18.15%
Free Cash Flow Margin	20.93%	15.26%	7.29%	22.69%	22.95%	14.56%
EBITDA	111.9	120.66	96.59	119.53	81.37	75.6
EBITDA Margin	36.80%	38.28%	39.96%	37.87%	35.87%	36.35%
D&A For EBITDA	1.26	1.26	1.35	1.33	1.41	1.38
EBIT	110.65	119.4	95.24	118.19	79.96	74.22
EBIT Margin	36.39%	37.88%	39.40%	37.45%	35.25%	35.69%
Effective Tax Rate	44.58%	16.89%	20.52%	28.62%	13.18%	11.18%

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