Melnick Desenvolvimento Imobiliario Sa · BMFBOVESPA:MELK3
Melnick Desenvolvimento Imobiliario Sa — Q4 2022 Earnings Presentation
14 slides from Melnick Desenvolvimento Imobiliario Sa's earnings presentation, Mar 29, 2023
Slide 1: Release of Results – 4Q22
Release of Results – 4Q22 March 29, 2023
Slide 2: Highlights
HIGHLIGHTS Launches Net Sales¹ Solid Land Bank Gross Margin 32% growth in net sales in R$ 5.1 B Gross PSV Increased launches with 2022. R$ 3.7 B PSV % Melnick good sales velocity of Sales of remaining units Sustained gross margin launches. R$1 B in PSV approved, went up by 56%. despite the inflation
Slide 3: Launches
LAUNCHES Gross PSV¹ Melnick’s PSV² Usable Area³ Average Unit Value Projects Business Untd.³ Segment (R$ ‘000) (R$ ‘000) (m2) (R$ ‘000) 4Q22 195,396 76,353 120,904 670 467 Grand Park Moinhos - Fase 1 R.E 62,258 50,087 7,450 112 447 Residencial Arbo Village Park LOT 45,125 13,989 83,411 430 120,120 Lo
Slide 4: PSV¹ R$ 62 M 68 % sold Phase 2
Phase 2 Gross PSV¹ R$ 88,000 PSV¹ R$ 62 M 65 % sold 68 % sold Gross PSV¹ R$ 45,000 13 % sold (1) PSV of physical swap and sales commissions, gross. 4
Slide 5: Net Sales
NET SALES Breakdown of business units sold in 2022 Breakdown by quarter (%Melnick – R$ million): (% Melnick – R$ million): SV of Launches Launch Sales (% Melnick) 6.5% SV of Inventory Inventory Sales (% Melnick) Quarterly SV 16.2% +32% Homebuilder 647 Urban Developer 58% Open 40% 77.3% 34% 216 31% 2
Slide 6: Deliveries and Works in Progress
DELIVERIES AND WORKS IN PROGRESS Breakdown of PSV delivered (R$ '000) Works in progress Deliveries totaled 1 B in PSV¹ in the year, the biggest result in the Company’s history. 20 Active Construction Sites Gross PSV¹ Hostorical average 965.370 45 Towers Historical average of R$ 441 million. X 2,2 em
Slide 7: Projects Delivered 4Q22
PROJECTS DELIVERED 4Q22 Commercial Hotel Gross PSV¹ R$ 160,266 Gross PSV R$ 110,716 Gross PSV R$ 92,668 90% sold 94% sold 95% sold Gross PSV R$ 181,264 Gross PSV R$ 66,297 97% sold 68% sold (1) PSV of physical swap and sales commissions, gross.
Slide 8: Inventory
INVENTORY Breakdown by year of completion (% Melnick – R$ million): Finished Inventory (% Melnick – R$ million): Fineshed Inventory Fineshed Leased Inventory PSV of units without construction % Melnick PSV of finished units % Melnick Reversible lease strategy 35% of finished leased inventory. 43 36
Slide 9: Landbank
LANDBANK Melnick Landbank in Porto Alegre Porto Alegre Metropolitan Region Operating in 10 cities in Rio Grande do Sul. R$ 5.1 B in total PSV R$ 3.7 B in potential PSV (% Melnick), Highest Prices 30 plots or phases. R$ 1 B in projects already approved, accounting for 28% of the land Lowest Prices ba
Slide 10: Financial Indicators
FINANCIAL INDICATORS Net revenue breakdown: Gross Income and Gross Margin Breakdown: Net Revenue (R$ Million) +33% Gross Income (R$ Million) Gross Margin (ex-financing) 29.4% +27% 1,030 400 30 25.2% 23.8% 24.0% 23.8% 25 22.3% 772 20.2% 235 20 185 15 305 306 10 237 207 211 60 64 71 54 5 40 0 0 4Q21 1
Slide 11: Financial Soundness
FINANCIAL SOUNDNESS Capital Structure and Cash Generation 4Q21 1Q22 2Q22 3Q22 4Q22 dez-22 (R$ million) Initial Net Debt -510,0 -388,3 -350,4 -299,1 -200,8 SFH Production -163,7 99% Final Net Debt -388,3 -350,4 -299,1 -200,8 -187,7 CRI Production -1,3 1% Net Debt Variation 121,8 37,9 51,3 98,3 13,1 N
Slide 12: FAQ
FAQ INSTRUCTIONS FOR THE FAQ To ask a question, please click the #Raise hand# icon or enter your question and send via #Q&A# icon on the bottom of your screen. Because of the dynamics, we will announce your names and ask you to make your questions. At this time, a request to turn your micropho
Slide 13: Thank You!
THANK YOU! Subscribe to our mailing and get the latest news about Melnick. ri.melnick.com.br Carlos Wollenweber – CFO and DRI (51) 3016-9083 ri@melnick.com.br 13
Slide 14: Notices
NOTICES The present material discloses general information of Melnick Desenvolvimento Imobiliário S.A. and its subsidiaries (jointly, “Melnick" or "Company") as of the date of this presentation. This material was exclusively prepared for presentations related to the Company’s releases in Brazil and
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