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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	735.65	461.66	377.51	588.59	393.74	431.39
Revenue Growth (YoY)	250.80%	22.29%	-35.86%	49.49%	-8.73%	48.35%
Cost of Revenue	568.35	373.04	259.03	445.73	281.94	325.64
Gross Profit	167.31	88.63	118.48	142.86	111.8	105.75
Selling, General & Admin	52.43	50.08	38.48	43.97	41.14	47.12
Other Operating Expenses	-10.78	-10.12	-0.08	6.96	-1.94	-1.39
Operating Expenses	41.58	40.19	38.52	52.08	39.56	45.73
Operating Income	125.73	48.44	79.96	90.78	72.24	60.02
Interest Expense	-22.45	-18.4	-10.05	-8.73	-1.52	-1.7
Interest & Investment Income	6.9	10.06	12.46	7.28	3.74	3.77
Earnings From Equity Investments	2.74	3.5	-3.65	22.47	38.88	29.82
Currency Exchange Gain (Loss)	-0.73	-2.95	-14.14	2.18	-1.31	10
Other Non Operating Income (Expenses)	-0.89	-0.78	-0.4	-10.49	-3.61	-1.88
EBT Excluding Unusual Items	111.3	39.87	64.18	103.49	108.41	100.04
Gain (Loss) on Sale of Investments	-1.86	-1.78	-0.36	-0.88	-	-
Gain (Loss) on Sale of Assets	0.17	1.35	4.74	8.37	5.36	-0.27
Pretax Income	109.62	39.44	68.56	110.99	113.77	99.76
Income Tax Expense	21.6	7.72	13.28	21.09	18.1	19.32
Earnings From Continuing Operations	88.02	31.72	55.28	89.9	95.67	80.45
Net Income	88.02	31.72	55.28	89.9	95.67	80.45
Net Income to Common	88.02	31.72	55.28	89.9	95.67	80.45
Net Income Growth	-	-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)	0.06%	-	-	-	-	-
EPS (Basic)	2.11	0.76	1.33	2.16	2.30	1.93
EPS (Diluted)	2.11	0.76	1.33	2.16	2.30	1.93
EPS Growth	-	-42.73%	-38.52%	-6.03%	19.01%	15.03%
Free Cash Flow	-59.75	-44.54	59.21	68.71	66.4	-49.44
Free Cash Flow Per Share	-1.44	-1.07	1.42	1.65	1.59	-1.19
Dividend Per Share	0.600	0.600	1.060	-	1.140	0.950
Dividend Growth	-43.40%	-43.40%	-	-	20.00%	458.82%
Gross Margin	22.74%	19.20%	31.38%	24.27%	28.39%	24.51%
Operating Margin	17.09%	10.49%	21.18%	15.42%	18.35%	13.91%
Profit Margin	11.96%	6.87%	14.64%	15.27%	24.30%	18.65%
Free Cash Flow Margin	-8.12%	-9.65%	15.68%	11.67%	16.86%	-11.46%
EBITDA	128.82	51.17	82.13	92.22	73.01	61.14
EBITDA Margin	17.51%	11.09%	21.76%	15.67%	18.54%	14.17%
D&A For EBITDA	3.1	2.74	2.17	1.44	0.77	1.12
EBIT	125.73	48.44	79.96	90.78	72.24	60.02
EBIT Margin	17.09%	10.49%	21.18%	15.42%	18.35%	13.91%
Effective Tax Rate	19.70%	19.57%	19.37%	19.00%	15.91%	19.36%

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