Melnick Desenvolvimento Imobiliario Sa · BMFBOVESPA:MELK3
Melnick Desenvolvimento Imobiliario Sa — Q4 2024 Earnings Presentation
18 slides from Melnick Desenvolvimento Imobiliario Sa's earnings presentation
Slide 1: Release of Results 4Q24
Release of Results 4Q24 metnick Muito mais que morar
Slide 2: Notice
Notice We represent and warrant that any information They encompass risks, uncertainties, and assumptions contained in this presentation and any statement made as they refer to upcoming events, and, therefore, during the videoconference, concerning the business depend of circumstances that may occur
Slide 3: Highlights
Highlights Launches % Melnick Sales % Melnick Results In gross margin in 2024 R$ 1,1 B 837 mi In 2024 R$ R$ 837 M 837 mi In 2024 R$ 24,9% with 9% growth compared to 2023. Increase when compared Even with an atypical 2Q24, we exceeded net R$ 71 M In net income in 2024. 49% to 2023. 3% sales when comp
Slide 4: Launches 2024
Launches 2024 PSV Melnick² (R$ 3 Average Value/Unit Project Business unit PSV 100%¹ (R$ ‘000) Usable área (m2) Unit. Segment ‘000) (R$ ‘000) 1Q2024 673.605 617.161 37.828 164 3.763 High Garden Rio Branco INC 241.158 226.689 18.750 130 1.744 Residential Zayt INC 432.447 390.472 19.078 34 11.484 Resid
Slide 5: Launches 2024
Launches 2024 Gross PSV1 Net PSV2 +28% 1.520 427 1.191 459 +49% +340% 674 Net PSV 56 521 1.094 326 269 732 617 101 179 122 225 251 57 4Q23 1Q24 2Q24 3Q24 4Q24 2023 2024 (1) PSV of physical swap and sales commissions, gross. (2) PSV of physical swap and sales commissions, net. 5
Slide 6: 4Q2024 Launches
4Q2024 Launches JAZZ NOVA YORK PENÍNSULA GREENFIELD OPEN ALTO IPIRANGA PSV¹ % MELNICK – R$ 107 M PSV¹ % MELNICK – R$ 63 M PSV¹ MELNICK – R$ 46 M PSV¹ % MELNICK – R$ 35 M 34% Sold 94% Sold 91% Sold 79% Sold (1) PSV of physical swap and sales commissions, gross. 6
Slide 7: Net Sales
Net Sales Breakdown by quarter Breakdown of business units (% Melnick – R$ million): sold in 4Q24 (% Melnick): SoS of Launches Sales of Inventory (% Melnick) Homebuilder SoS of Inventory 35,0% Quarterly SoS Launch Sales (% Melnick) Urban Development 58,0% +3% 84% Open 837 809 7,0% 61% 53% 36% 265 24
Slide 8: Deliveries and Operational Capacity
Deliveries and Operational Capacity Future deliveries (% Melnick – R$ million) Operational capacity Delivered Delivery planned Active construction sites 1.372 16 Homebuilder 4 Urban Development Units under construction 854 2.947 Homebuilder 627 1.332 Urban Development 522 M2 under construction 392.1
Slide 9: 4Q2024 Deliveries | % Melnick
4Q2024 Deliveries | % Melnick BOTANIQUE RESIDENCE GO CARLOS GOMES ZEN CONCEPT RESORT CARLOS GOMES SQUARE average % sold 91% PSV¹ % MELNICK – R$ 130 M PSV¹ % MELNICK 87%– sold R$ 64 M PSV¹ % MELNICK – R$ 26 M PSV¹ % MELNICK – R$ 291 M 87% Sold R$ 130 M 83% Sold 99% Sold 94% Sold (1) PSV of physical s
Slide 10: 4Q2024 Inventory
4Q2024 Inventory Evolution 3Q2024 to 4Q2024 and Opening for year of completion Finished inventory (% Melnick – R$ million): 31 49 63 7 24 Inventory under Sales of Inventory Finished inventory construction 93 Inventory for lease Canceled Sales¹ 295 68 250 Finished inventory 1.341 1.337 103 250 3Q24 F
Slide 11: 4Q2024 Landbank
4Q2024 Landbank Landbank breakdown (%Melnick) Current landbank position, R$ 4.5 B in total PSV. High Middle and Upper-Middle Affordable and Emergent Lots Development R$ 2.9 B in potential PSV (% Melnick), 20% acquired in cash. 20% 30% Distributed in 30 plots or phases with 14% of projects approved w
Slide 12: Financial Indicators
Financial Indicators Net revenue breakdown: Gross Income and Gross Margin Breakdown: -13% 31,2% 1.184 28,7% 25,3% 26,5% 1.029 24,9% 22,8% 244 223 +3% 8,6% 384 397 104 97 245 246 67 141 54 6 4Q24 1Q24 2Q24 3Q24 4Q24 2023 2024 4Q23 1Q24 2Q24 3Q24 4Q24 2023 2024 Gross Income (R$ million) Gross Margin (
Slide 13: Financial Soundness
Financial Soundness Final Net Cash Net Cash Variation 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 Production SFH -278,0 -285,8 -320,6 -338,3 -354,9 InitialN etC ash 165,7 115,0 166,4 185,4 175,7 Production C RI -7,3 -2,6 -0,3 -5,5 -5,5 FinalN etC ash 115,0 166,4 185,4 175,7 104,5 N e
Slide 14: Dividend history
Dividend history Dividends approved between 2021 and Allocation of earnings 2024 account for 26% of the equity DY 9,06% DY 11,03% DY 10,86% DY 11,16% Average Price Average Price Average Price Average Price R$ 4,04 R$ 3,76 R$ 4,49 R$ 3,59 Payout Payout Payout Payout 96% 100% 100% 59% IPO 103,9 Averag
Slide 15: Subsequent Events
Subsequent Events Decrease of Capital During the Special Meeting of Shareholders held on January 15, 2025, the Company approved the decrease of its capital stock to R$150,000,000.00, in accordance with Article 173 of the Brazilian Corporate Law, without the cancellation of shares, through a cash rei
Slide 16: FAQ Instructions for the Q&A
FAQ To ask a question, please click the #Raise hand# icon or enter your question or send it via #Q&A# icon on the bottom of your screen. Instructions for the Because of the dynamics, we will announce your names and ask you to pose your questions. Q&A At this time, a request to turn your microphone o
Slide 17: IR Contacts
Subscribe to our mailing and get the latest news about Melnick. IR CONTACTS CEO Leandro Melnick CFO AND IR OFFICER Juliano Melnick CAO AND IR OFFICER Joelson Boeira ri@melnick.com.br | ri.melnick.com.br 17
Slide 18: Release of Results 4Q24
Release of Results 4Q24 metnick Muito mais que morar
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