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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	209.71	377.51	588.59	393.74	431.39	290.78
Revenue Growth (YoY)	-60.55%	-35.86%	49.49%	-8.73%	48.35%	9.26%
Cost of Revenue	98.24	259.03	445.73	281.94	325.64	225.48
Gross Profit	111.47	118.48	142.86	111.8	105.75	65.3
Selling, General & Admin	46.79	38.48	43.97	41.14	47.12	43.01
Other Operating Expenses	61.41	-0.08	6.96	-1.94	-1.39	-4.2
Operating Expenses	108.59	38.52	52.08	39.56	45.73	38.84
Operating Income	2.89	79.96	90.78	72.24	60.02	26.47
Interest Expense	-16.73	-10.05	-8.73	-1.52	-1.7	-1.47
Interest & Investment Income	11.38	12.46	7.28	3.74	3.77	5.54
Earnings From Equity Investments	-0.04	-3.65	22.47	38.88	29.82	64.06
Currency Exchange Gain (Loss)	-15.58	-14.14	2.18	-1.31	10	-2.76
Other Non Operating Income (Expenses)	-0.36	-0.4	-10.49	-3.61	-1.88	-2.19
EBT Excluding Unusual Items	-18.45	64.18	103.49	108.41	100.04	89.65
Gain (Loss) on Sale of Investments	-0.36	-0.36	-0.88	-	-	-
Gain (Loss) on Sale of Assets	3.36	4.74	8.37	5.36	-0.27	-
Pretax Income	-15.45	68.56	110.99	113.77	99.76	89.65
Income Tax Expense	-2.67	13.28	21.09	18.1	19.32	19.77
Earnings From Continuing Operations	-12.79	55.28	89.9	95.67	80.45	69.89
Net Income	-12.79	55.28	89.9	95.67	80.45	69.89
Net Income to Common	-12.79	55.28	89.9	95.67	80.45	69.89
Net Income Growth	-	-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)	-0.12%	-	-	-	-	-
EPS (Basic)	-0.31	1.33	2.16	2.30	1.93	1.68
EPS (Diluted)	-0.31	1.33	2.16	2.30	1.93	1.68
EPS Growth	-	-38.51%	-6.03%	19.01%	15.03%	47.72%
Free Cash Flow	78.4	59.21	68.71	66.4	-49.44	-27.69
Free Cash Flow Per Share	1.88	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	53.16%	31.38%	24.27%	28.39%	24.51%	22.46%
Operating Margin	1.38%	21.18%	15.42%	18.35%	13.91%	9.10%
Profit Margin	-6.10%	14.64%	15.27%	24.30%	18.65%	24.03%
Free Cash Flow Margin	37.38%	15.68%	11.67%	16.86%	-11.46%	-9.52%
EBITDA	5.4	82.13	92.22	73.01	61.14	27.43
EBITDA Margin	2.58%	21.76%	15.67%	18.54%	14.17%	9.43%
D&A For EBITDA	2.52	2.17	1.44	0.77	1.12	0.97
EBIT	2.89	79.96	90.78	72.24	60.02	26.47
EBIT Margin	1.38%	21.18%	15.42%	18.35%	13.91%	9.10%
Effective Tax Rate	-	19.37%	19.00%	15.91%	19.36%	22.05%

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