Melnick Desenvolvimento Imobiliario Sa · BMFBOVESPA:MELK3
Melnick Desenvolvimento Imobiliario Sa — 1Q22 Earnings Presentation
12 slides from Melnick Desenvolvimento Imobiliario Sa's earnings presentation, May 13, 2022
Slide 1: Earnings Release 1Q22
Earnings Release 1Q22 May 13, 2022
Slide 2: Highlights
HIGHLIGHTS PSV Launched (1) Net Revenue, Gross & Net Income +62% 1.109 +23% YoY growth 23% Net Revenue, 50% Gross Income, 47% 686 578 Net Income. 470 Net Revenue Gross Income Net Income 2020 2021 1Q21 1Q22 29% We highlight the Company’s constant growth in volume of Gross Margin 100 29% launches. +25
Slide 3: Launches
LAUNCHES Total PSV(1) PSV Melnick Developments Business unit Unit(2) Segment (BRL thousand) (BRL thousand) 1st quarter Nilo Square - RES INC 426,266 201,411 120 Residential Zen Concept Resort LOT 109,783 25,644 299 Lot Development Open Protásio OPEN 42,400 40,280 160 Residential Total 578,450 267,33
Slide 4: Launches
LAUNCHES BRL 426.3 million in PSV¹ BRL 42.4 million in PSV¹ BRL 109.8 million in PSV¹ (1) PSV of physical swap and sales commissions, gross. 4
Slide 5: Net Sales
NET SALES Breakdown by quarter (%Melnick – BRL million): Business units sold in the quarter (% Melnick – BRL million): Launch Sales Inventory Sales Inventory SOS Open 500 Launch SOS Quarterly SOS 80% 11% 450 Lot Development 28% 60% Real Estate 61% 400 31% 31% 40 % 350 12% 21% 27% 14% 16% 20% 300 12%
Slide 6: Deliveries
DELIVERIES Business Unit Total PSV ¹ Melnick PSV ² Average Price of Unit Development Unit.² Segment de negócio (BRL Thousand) (BRL Thousand) (BRL Thousand) Vivio Lindóia INC 58.320 45.541 133 342 Residential Sunset LOT 78.152 31.663 345 153 Lot development Total 136.472 77.174 478 206 PSV BRL 58.3 m
Slide 7: Inventory
INVENTORY Breakdown by year of completion (%Melnick – BRL million): Finished Inventory (%Melnick – BRL million): 70% of the total is under construction and 60% will be delivered in 2024 or later Reversible lease strategy 1 (1) Considering that 100% of the cancellations refer to finished units. 7
Slide 8: Land Bank
LAND BANK Land bank in the quarter (Potential PSV % Melnick in BRL million): % 219 % 20% Porto Alegre % Metropolitan Region % Form of acquisition: % Cash Permuta % 3.782 3.563 % % % 80% % Highest Prices % PSV 4Q21 Launch and other PSV 1Q22 Lowest Prices Operating in 10 cities in Rio Grande do Sul. N
Slide 9: Financial Indicators
FINANCIAL INDICATORS Net revenue breakdown: Gross Income and Gross Margin Breakdown: 400 Gross Profit (R$ million) Gross Margin (ex-financing) +25% 29,4% 200 27,3% 350 180 23,5% 24,1% 21,0% 40 ,0% 300 160 20,0% 237 207 250 140 0,0% 184 187 120 165 +50% 200 +25% -20,0% 100 150 60 80 -40,0% 49 53 100
Slide 10: Financial Soundness
FINANCIAL SOUNDNESS Capital Structure and Cash Generation 03/31/2022 (BRL million) 1Q21 2Q21 3Q21 4Q21 1Q22 Production SFH 26,9 93% Initial Net Debt -622,3 -603,4 -568,2 -510,0 -388,3 Production CRI 2,0 7% Final Net Debt -603,4 -568,2 -510,0 -388,3 0,0 Gross Debt 28,9 100% Net Debt Variation 18,9 35
Slide 11: 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 11
Slide 12: Disclaimer
DISCLAIMER 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 a
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