Marvipol Development S.A. (WSE: MVP)

Marvipol Development Income Statement

Financials in millions PLN. 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	175.46	377.51	588.59	393.74	431.39	290.78
Revenue Growth (YoY)	-66.89%	-35.86%	49.49%	-8.73%	48.35%	9.26%
Cost of Revenue	115.66	259.03	445.73	281.94	325.64	225.48
Gross Profit	59.8	118.48	142.86	111.8	105.75	65.3
Selling, General & Admin	43.25	38.48	43.97	41.14	47.12	43.01
Other Operating Expenses	1.09	-0.08	6.96	-1.94	-1.39	-4.2
Operating Expenses	44.67	38.52	52.08	39.56	45.73	38.84
Operating Income	15.13	79.96	90.78	72.24	60.02	26.47
Interest Expense	-12.29	-10.05	-8.73	-1.52	-1.7	-1.47
Interest & Investment Income	13.48	12.46	7.28	3.74	3.77	5.54
Earnings From Equity Investments	-3.96	-3.65	22.47	38.88	29.82	64.06
Currency Exchange Gain (Loss)	-6.12	-14.14	2.18	-1.31	10	-2.76
Other Non Operating Income (Expenses)	-0.63	-0.4	-10.49	-3.61	-1.88	-2.19
EBT Excluding Unusual Items	5.62	64.18	103.49	108.41	100.04	89.65
Gain (Loss) on Sale of Investments	-0.26	-0.36	-0.88	-	-	-
Gain (Loss) on Sale of Assets	3.56	4.74	8.37	5.36	-0.27	-
Pretax Income	8.91	68.56	110.99	113.77	99.76	89.65
Income Tax Expense	2.95	13.28	21.09	18.1	19.32	19.77
Earnings From Continuing Operations	5.97	55.28	89.9	95.67	80.45	69.89
Net Income	5.97	55.28	89.9	95.67	80.45	69.89
Net Income to Common	5.97	55.28	89.9	95.67	80.45	69.89
Net Income Growth	-92.65%	-38.51%	-6.03%	18.93%	15.11%	47.72%
Shares Outstanding (Basic)	42	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42	42
Shares Change (YoY)	0.29%	-	-	-	-	-
EPS (Basic)	0.14	1.33	2.16	2.30	1.93	1.68
EPS (Diluted)	0.14	1.33	2.16	2.30	1.93	1.68
EPS Growth	-92.67%	-38.51%	-6.03%	19.01%	15.03%	47.72%
Free Cash Flow	140.8	59.21	68.71	66.4	-49.44	-27.69
Free Cash Flow Per Share	3.38	1.42	1.65	1.59	-1.19	-0.66
Dividend Per Share	1.060	1.060	-	1.140	0.950	0.170
Dividend Growth	-	-	-	20.00%	458.82%	-
Gross Margin	34.08%	31.38%	24.27%	28.39%	24.51%	22.46%
Operating Margin	8.62%	21.18%	15.42%	18.35%	13.91%	9.10%
Profit Margin	3.40%	14.64%	15.27%	24.30%	18.65%	24.03%
Free Cash Flow Margin	80.25%	15.68%	11.67%	16.86%	-11.46%	-9.52%
EBITDA	17.5	82.13	92.22	73.01	61.14	27.43
EBITDA Margin	9.97%	21.76%	15.67%	18.54%	14.17%	9.43%
D&A For EBITDA	2.36	2.17	1.44	0.77	1.12	0.97
EBIT	15.13	79.96	90.78	72.24	60.02	26.47
EBIT Margin	8.62%	21.18%	15.42%	18.35%	13.91%	9.10%
Effective Tax Rate	33.08%	19.37%	19.00%	15.91%	19.36%	22.05%

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