Melnick Desenvolvimento Imobiliario Sa · BMFBOVESPA:MELK3
Melnick Desenvolvimento Imobiliario Sa — Q4 2023 Earnings Presentation
15 slides from Melnick Desenvolvimento Imobiliario Sa's earnings presentation, 2024
Slide 1: Release of Results 4Q23 and 2023
Release of Results 4Q23 and 2023
Slide 2: Notice 4Q23 Results
Notice 4Q23 Results We represent and warrant that any information contained in this presentation and any statement made during the videoconference, concerning the business perspectives, forecasts, and operating and financial goals of Melnick are based on the Management’s beliefs and assumptions, and
Slide 3: Highlights 4Q23 Results
Highlights 4Q23 Results Growth Soundness Dividends Net sales, a 25% growth when R$ 809 M compared to 2022 (%Melnick) and a 12% decrease in R$ 397 M Solid cash position. R$ 125 M In payment of dividends in 2023. inventory. R$ 732 M Launches, a 20% growth when compared to 2022 (%Melnick). R$ 52 M Oper
Slide 4: Launches 2023
Launches 2023 4Q23 Results Gross PSV¹ Melnick’s PSV² Usable Area³ Average Unit Value Projects Business Untd.³ Segment (R$ ‘000) (R$ ‘000) (m2) (R$ ‘000) 1Q23 559,369 432,287 33,227 452 1,028 Phase2 2 Grand Park Moinhos - Fase R.E. 61,289 54,361 7,467 114 0,477 Residential Residencial Cidade Nilo R.E
Slide 5: Launches 2023 – (% Melnick) % Average sold
Launches 2023 – (% Melnick) 4Q23 Results GRAND PARK MOINHOS F2 NILO SQUARE EMILIANO CIDADE NILO (1Q23) (1Q23) (1Q23) % Average sold 59% 60% sold DELIVERY 100% sold DELIVERY 42% sold DELIVERY R$ 54 M 4Q25 R$ 32 M in PSV 4Q25 R$ 345 M 4Q25 GO BOM FIM (3Q23) CASA MOINHOS (3Q23) THE GARDEN F3 (3Q23) LAS
Slide 6: Net Sales
Net Sales 4Q23 Results Breakdown by quarter: Breakdown of business units sold in 2023 (% Melnick – R$ million): (% Melnick – R$ million): 3.3% Launch SOS Quarterly SOS Inventory Sales 8,4% Inventory SOS Launch Sales Homebuilder Urban Development Open 84% 88,4% 58% +25% 38% 809 % Sold in the Year of
Slide 7: Deliveries 2023 – (% Melnick) %Average sold
Deliveries 2023 – (% Melnick) 4Q23 Results GO 24 OPEN CANOAS CENTRO – F2 GRAND PARK LINDOIA – F3 1Q23 1Q23 2Q23 %Average sold 96% 96% sold 99% sold 87% sold R$ 50 k R$ 40 k R$ 198 k CASA VIVA CASA VISTA TEENA SUPREME ALTOS DO CENTRAL PARQUE 3Q23 3Q23 3Q23 4Q23 100% sold 100% sold 100% sold 92% sold
Slide 8: Deliveries and Operational Capacity
Deliveries and Operational Capacity 4Q23 Results Future deliveries (% Melnick) Operational capacity PSV of delivered projects Future deliveries Active construction sites 17 1.058 772 Units under construction 3,994 725 564 544 m² under Construction 655,599 273 182 2020 2021 2022 2023 2024 2025 2026 D
Slide 9: Inventory 2023
Inventory 2023 4Q23 Results Breakdown of inventory by year of completion Inventory for lease Inventory under Construction Finished Inventory - Sale Finished Inventory - Lease Fineshed Inventory Fineshed Leased Inventory -12% 26 7 48 88 1.089 25 48 40 187 953 314 300 112 160 75 140 22% Fineshed Inven
Slide 10: Landbank 2023
Landbank 2023 4Q23 Results Operating in 10 cities in Rio Grande do Sul. Landbank breakdown (%Melnick) R$ 5.2 B in total PSV High Middle and Upper middle Lots Development Affordable and Emergent R$ 3.6 B in potential PSV (% Melnick), 13% 26% acquired in cash. 27% Distributed in 35 plots or phases. 21
Slide 11: Financial Indicators
Financial FINANCIAL Indicators INDICATORS 4Q23 Results Net revenue breakdown: Gross Income and Gross Margin Breakdown: +15% Net Revenue (R$ million) 1.184 Gross Income (R$ million) Gross Margin (ex-financing) 1.030 28,7% +4% 23,8% 22,8% 21,5% 20,2% 19,0% 17,5% 235 244 +82% 384 +162% 299 104 242 259
Slide 12: Financial Soundness
Financial Soundness 4Q23 Results Financial Structure Cash Generation 4T22 1T23 2T23 3T23 4T23 4Q22 1Q23 2Q23 3Q23 4Q23 Production SFH -163,7 -185,0 -238,0 -268,2 -278,0 Initial Net Cash -200,8 -187,7 -183,1 -181,2 -165,7 Production CRI -1,3 -0,8 -0,6 -14,0 -7,3 Final Net Cash -187,7 -183,1 -181,2 -1
Slide 13: FAQ
FAQ INSTRUCTIONS FOR THE FAQ To ask a question, please click the #Raise hand# icon or enter your question and send it 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 micro
Slide 14: Thank You! IR Contacts
THANK YOU! Subscribe to our mailing and get the latest news about Melnick. IR CONTACTS CFO AND IR OFFICER Juliano Melnick CAO AND IR OFFICER Joelson Boeira IR SPECIALIST Anderson Stefani ri@melnick.com.br | ri.melnick.com.br 14
Slide 15: metnick
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