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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	647.38	461.66	377.51	588.59	393.74	431.39
Revenue Growth (YoY)	268.96%	22.29%	-35.86%	49.49%	-8.73%	48.35%
Cost of Revenue	516.05	373.04	259.03	445.73	281.94	325.64
Gross Profit	131.33	88.63	118.48	142.86	111.8	105.75
Selling, General & Admin	53.87	50.08	38.48	43.97	41.14	47.12
Other Operating Expenses	-11.2	-10.12	-0.08	6.96	-1.94	-1.39
Operating Expenses	42.68	40.19	38.52	52.08	39.56	45.73
Operating Income	88.65	48.44	79.96	90.78	72.24	60.02
Interest Expense	-23.73	-18.4	-10.05	-8.73	-1.52	-1.7
Interest & Investment Income	7.58	10.06	12.46	7.28	3.74	3.77
Earnings From Equity Investments	5.32	3.5	-3.65	22.47	38.88	29.82
Currency Exchange Gain (Loss)	-2.93	-2.95	-14.14	2.18	-1.31	10
Other Non Operating Income (Expenses)	-0.82	-0.78	-0.4	-10.49	-3.61	-1.88
EBT Excluding Unusual Items	74.08	39.87	64.18	103.49	108.41	100.04
Gain (Loss) on Sale of Investments	-2.18	-1.78	-0.36	-0.88	-	-
Gain (Loss) on Sale of Assets	0.19	1.35	4.74	8.37	5.36	-0.27
Pretax Income	72.09	39.44	68.56	110.99	113.77	99.76
Income Tax Expense	13.84	7.72	13.28	21.09	18.1	19.32
Earnings From Continuing Operations	58.25	31.72	55.28	89.9	95.67	80.45
Net Income	58.25	31.72	55.28	89.9	95.67	80.45
Net Income to Common	58.25	31.72	55.28	89.9	95.67	80.45
Net Income Growth	876.55%	-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
Shares Change (YoY)	-0.14%	-	-	-	-	-
EPS (Basic)	1.40	0.76	1.33	2.16	2.30	1.93
EPS (Diluted)	1.40	0.76	1.33	2.16	2.30	1.93
EPS Growth	878.60%	-42.73%	-38.52%	-6.03%	19.01%	15.03%
Free Cash Flow	-64.62	-44.54	59.21	68.71	66.4	-49.44
Free Cash Flow Per Share	-1.55	-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	20.29%	19.20%	31.38%	24.27%	28.39%	24.51%
Operating Margin	13.69%	10.49%	21.18%	15.42%	18.35%	13.91%
Profit Margin	9.00%	6.87%	14.64%	15.27%	24.30%	18.65%
Free Cash Flow Margin	-9.98%	-9.65%	15.68%	11.67%	16.86%	-11.46%
EBITDA	91.82	51.17	82.13	92.22	73.01	61.14
EBITDA Margin	14.18%	11.09%	21.76%	15.67%	18.54%	14.17%
D&A For EBITDA	3.16	2.74	2.17	1.44	0.77	1.12
EBIT	88.65	48.44	79.96	90.78	72.24	60.02
EBIT Margin	13.69%	10.49%	21.18%	15.42%	18.35%	13.91%
Effective Tax Rate	19.20%	19.57%	19.37%	19.00%	15.91%	19.36%

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