Melnick Desenvolvimento Imobiliario Sa · BMFBOVESPA:MELK3
Melnick Desenvolvimento Imobiliario Sa — Melnick — Q2 2025 Earnings Presentation
17 slides from Melnick Desenvolvimento Imobiliario Sa's earnings presentation
Slide 1: Release of Results 2Q25
Release of Results 2Q25 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: 2Q25 Highlights
2Q25 Highlights Launches Sales % Melnick Results R$ 355 MM %Melnick (ex-Melnick Partners). R$ 324 MM Sold in the quarter. R$ 39 MM Net income in the quarter (ex- minority shareholders). Gross margin in the quarter (ex- R$ 172 MM %Melnick Partners. 64% Growth in inventory sales when compared to 1Q25.
Slide 4: Launches
Launches Project Unit 100% PSV Melnick PSV² Usable Area3 Unit3 Average Value Segment 1Q25 - - - - - - - 2Q25 402.422 355.275 28.077 209 3.766 Gama 1375 INC * 174.483 150.854 10.494 64 2.357 Residential High Garden Iguatemi INC * 227.939 204.421 17.583 145 1.409 Residential Total 402.422 355.275 28.0
Slide 5: Melnick Partners
Melnick Partners CASA MADALENA (Even) 9 partner companies 8 developments launched ~R$ 1.3 B In Gross PSV launched, of which MÜZE ~R$ 496 MM % Melnick ~R$ 4.2 B in Gross PSV contracted, of which R$ 1.2 B % Melnick ~R$ 2.7 B in Gross PSV contracted (revenue-based consulting fee) % MELNICK PSV¹ – R$ 17
Slide 6: Launches 2Q25
Launches 2Q25 HIGH GARDEN IGUATEMI GAMA 1375 % MELNICK PSV¹ – R$ 204 MM % MELNICK PSV¹ – R$ 151 MM ¹ PSV of physical swap and sales commissions, net. 6
Slide 7: Net Sales
Net Sales Breakdown by quarter Breakdown by business selling unit (% Melnick – R$ million): 6M25 (% Melnick): 1,7% 3,7% SoS of Launches Inventory Sales (% Melnick) SoS of Developer Inventory Quarterly SoS Launch Sales (% Melnick) Urban Development Open 61% 53% 94,6% 31% 12% 15% -20% % Sold by year o
Slide 8: Deliveries and Operational Capacity
Deliveries and Operational Capacity Future Deliveries (% Melnick – R$ million) Operational Capacity Active Construction Sites Delivered Delivery Expected 11 Developer 6 Urban Development 902 877 861 1 OPEN (MCMV) Units under Construction 1,963 Developer 499 2,377 Urban Development 320 OPEN (MCMV) 43
Slide 9: Deliveries 2Q25 | % Melnick
Deliveries 2Q25 | % Melnick GO CIDADE BAIXA – 2Q25 PSV¹ % MELNICK – R$ 149 MM – 92% Sold ¹ PSV of physical swap and sales commissions, net. 9
Slide 10: Inventory 2Q25
Inventory 2Q25 Evolution 1Q25 to 2Q25 and Breakdown by year of completion Finished Inventory (% Melnick – R$ million): -10.0% 26 16 72 104 10 11 Sales of Inventory Inventory under Finished Inventory 93 Construction Lease Inventory 158 301 Cancellations¹ 271 64 Finished 1,318 Inventory 1,242 94 271 F
Slide 11: Landbank 2Q25
Landbank 2Q25 Landbank breakdown (%Melnick) Urban Developer Development OPEN (MCMV) Current landbank position of R$4.1 B in total PSV, of which R$2.9 B is potential PSV (% Melnick). 14% Distributed across 28 plots or phases, with projects already approved accounting for R$498.4 MM 40% in potential P
Slide 12: Financial Indicators
Financial Indicators Net revenue breakdown: Gross Income and Gross Margin Breakdown: +46% 31.2% 563 29.8% 28.8% 26.5% 27.2% 397 386 19.2% 338 246 8.6% 225 140 141 97 89 67 60 51 6 2Q24 3Q24 4Q24 1Q25 2Q25 6M24 6M25 2Q24 3Q24 4Q24 1Q25 2Q25 6M24 6M25 Net Revenue (R$ million) Gross Income (R$ million)
Slide 13: Financial Soundness
Financial Soundness Financial Structure Cash Generation 2Q24 3Q24 4Q24 1Q25 2Q25 2Q24 3Q24 4Q24 1Q25 2Q25 Production SFH (320.6) (338.3) (354.9) (344.2) (335.4) Initial Net Cash 166.4 185.4 175.7 104.5 2.5 Production CRI (0.3) (5.5) (5.5) (5.5) (5.4) Final Net Cash 185.4 175.7 104.5 2.5 (39.4) Corpo
Slide 14: Dividend History
Dividend History Dividends approved between 2021 and Allocation of earnings 2025 accounted for 35.6% of the equity DY 9.06% DY 11.03% DY 10.86% DY 9.64% DY 3.3% Average Price Average Price Average Price Average Price Average Price R$ 4.04 R$ 3.76 R$ 4.49 R$ 3.43 R$ 3.24 Payout Payout Payout Payout P
Slide 15: 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 Because of the dynamics, we will announce your For the Q&A name and ask you to make your question. At this time, a request to turn your microphone on
Slide 16: Subscribe to our mailing and get the latest news about Melnick
Subscribe to our mailing and get the latest news about Melnick. IR CONTACTS CHIEF EXECUTIVE OFFICER Leandro Melnick CFO AND IR OFFICER Juliano Melnick CAO AND IR OFFICER Joelson Boeira ACCOUNTING AND IR MANAGER Ricardo Ponce ri@melnick.com.br | ri.melnick.com.br 16
Slide 17: Release of Results 2Q25
Release of Results 2Q25 metnick Muito mais que morar