Melcor Developments Ltd. (TSX:MRD)

Melcor Developments Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	380.93	349.5	315.24	241.75	315.63	226.82
Revenue Growth (YoY)	14.27%	10.87%	30.40%	-23.41%	39.16%	9.06%
Cost of Revenue	199.89	192.12	172.89	123.48	175.5	128.6
Gross Profit	181.04	157.39	142.35	118.26	140.13	98.22
Selling, General & Admin	31.58	29.74	22.64	22.68	21.55	18.88
Other Operating Expenses	-	-	-	-	-	-1.1
Operating Expenses	31.85	30.01	22.95	23.02	21.94	18.26
Operating Income	149.19	127.37	119.4	95.24	118.19	79.96
Interest Expense	-24.43	-26.66	-27.41	-24.26	-22.85	-25.03
Interest & Investment Income	3.36	2.84	3.21	1.61	0.57	0.57
Currency Exchange Gain (Loss)	0.68	0.41	0.1	1.11	0.08	-0.37
Other Non Operating Income (Expenses)	-49.54	-20.65	4.88	17.12	-36.62	34.51
EBT Excluding Unusual Items	79.26	83.31	100.18	90.82	59.37	89.65
Gain (Loss) on Sale of Assets	0.12	0.06	0.05	0.04	0.15	0.04
Asset Writedown	-19.45	-28.44	-24.46	21.55	19.37	-76.48
Pretax Income	59.93	54.93	75.78	112.42	78.89	13.21
Income Tax Expense	50.26	21.4	12.8	23.06	22.58	1.74
Net Income	9.67	33.53	62.98	89.35	56.31	11.46
Net Income to Common	9.67	33.53	62.98	89.35	56.31	11.46
Net Income Growth	-87.16%	-46.76%	-29.52%	58.68%	391.20%	-69.63%
Shares Outstanding (Basic)	30	30	31	32	33	33
Shares Outstanding (Diluted)	31	31	31	33	33	33
Shares Change (YoY)	-0.16%	-1.36%	-4.61%	-1.86%	-0.17%	-0.18%
EPS (Basic)	0.32	1.10	2.04	2.75	1.70	0.34
EPS (Diluted)	0.31	1.09	2.03	2.74	1.70	0.34
EPS Growth	-87.28%	-46.30%	-25.91%	61.18%	400.00%	-69.91%
Free Cash Flow	148.98	97.7	48.09	17.62	71.6	52.06
Free Cash Flow Per Share	4.85	3.18	1.55	0.54	2.15	1.56
Dividend Per Share	0.440	0.440	0.640	0.580	0.440	0.340
Dividend Growth	-18.52%	-31.25%	10.35%	31.82%	29.41%	-32.00%
Gross Margin	47.53%	45.03%	45.16%	48.92%	44.40%	43.30%
Operating Margin	39.16%	36.45%	37.88%	39.40%	37.45%	35.25%
Profit Margin	2.54%	9.59%	19.98%	36.96%	17.84%	5.05%
Free Cash Flow Margin	39.11%	27.95%	15.25%	7.29%	22.69%	22.95%
EBITDA	150.41	128.62	120.66	96.59	119.53	81.37
EBITDA Margin	39.48%	36.80%	38.28%	39.95%	37.87%	35.88%
D&A For EBITDA	1.22	1.25	1.26	1.35	1.33	1.41
EBIT	149.19	127.37	119.4	95.24	118.19	79.96
EBIT Margin	39.16%	36.44%	37.88%	39.40%	37.45%	35.25%
Effective Tax Rate	83.86%	38.96%	16.89%	20.52%	28.62%	13.18%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.