Marvipol Development S.A. (WSE:MVP)

Marvipol Development Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	470.28	461.66	377.51	588.59	393.74	431.39
Revenue Growth (YoY)	41.48%	22.29%	-35.86%	49.49%	-8.73%	48.35%
Cost of Revenue	380.16	373.04	259.03	445.73	281.94	325.64
Gross Profit	90.12	88.63	118.48	142.86	111.8	105.75
Selling, General & Admin	52.09	50.08	38.48	43.97	41.14	47.12
Other Operating Expenses	-10.27	-10.12	-0.08	6.96	-1.94	-1.39
Operating Expenses	42.33	40.19	38.52	52.08	39.56	45.73
Operating Income	47.79	48.44	79.96	90.78	72.24	60.02
Interest Expense	-20.3	-18.4	-10.05	-8.73	-1.52	-1.7
Interest & Investment Income	9.48	10.06	12.46	7.28	3.74	3.77
Earnings From Equity Investments	3.36	3.5	-3.65	22.47	38.88	29.82
Currency Exchange Gain (Loss)	-4.61	-2.95	-14.14	2.18	-1.31	10
Other Non Operating Income (Expenses)	-1.16	-0.78	-0.4	-10.49	-3.61	-1.88
EBT Excluding Unusual Items	34.55	39.87	64.18	103.49	108.41	100.04
Gain (Loss) on Sale of Investments	-1.81	-1.78	-0.36	-0.88	-	-
Gain (Loss) on Sale of Assets	0.72	1.35	4.74	8.37	5.36	-0.27
Pretax Income	33.46	39.44	68.56	110.99	113.77	99.76
Income Tax Expense	8.63	7.72	13.28	21.09	18.1	19.32
Earnings From Continuing Operations	24.83	31.72	55.28	89.9	95.67	80.45
Net Income	24.83	31.72	55.28	89.9	95.67	80.45
Net Income to Common	24.83	31.72	55.28	89.9	95.67	80.45
Net Income Growth	-43.90%	-42.62%	-38.52%	-6.03%	18.93%	15.11%
Shares Outstanding (Basic)	42	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42	42
EPS (Basic)	0.60	0.76	1.33	2.16	2.30	1.93
EPS (Diluted)	0.60	0.76	1.33	2.16	2.30	1.93
EPS Growth	-43.77%	-42.73%	-38.52%	-6.03%	19.01%	15.03%
Free Cash Flow	-43.92	-44.54	59.21	68.71	66.4	-49.44
Free Cash Flow Per Share	-1.05	-1.07	1.42	1.65	1.59	-1.19
Dividend Per Share	-	-	1.060	-	1.140	0.950
Dividend Growth	-	-	-	-	20.00%	458.82%
Gross Margin	19.16%	19.20%	31.38%	24.27%	28.39%	24.51%
Operating Margin	10.16%	10.49%	21.18%	15.42%	18.35%	13.91%
Profit Margin	5.28%	6.87%	14.64%	15.27%	24.30%	18.65%
Free Cash Flow Margin	-9.34%	-9.65%	15.68%	11.67%	16.86%	-11.46%
EBITDA	50.79	51.17	82.13	92.22	73.01	61.14
EBITDA Margin	10.80%	11.09%	21.76%	15.67%	18.54%	14.17%
D&A For EBITDA	3.01	2.74	2.17	1.44	0.77	1.12
EBIT	47.79	48.44	79.96	90.78	72.24	60.02
EBIT Margin	10.16%	10.49%	21.18%	15.42%	18.35%	13.91%
Effective Tax Rate	25.79%	19.57%	19.37%	19.00%	15.91%	19.36%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.