Pdg Realty Sa Empreendimentos E Participacoes · BMFBOVESPA:PDGR3
Pdg Realty Sa Empreendimentos E Participacoes — Q1 2023 Earnings Presentation
13 slides from Pdg Realty Sa Empreendimentos E Participacoes's earnings presentation, May 15, 2023
Slide 1: 1Q23 Conference Call
May 15th 2023 Conference Call Conselho de 1Q23 Administração ix. Tatuapé
Slide 2: Agenda
Agenda Executive Summary Financial and Operating Results Sales Performance Inventory SG&A Debts not subjected to the Reorganization Plan Debts subjected to the Reorganization Plan Deleveraging ix. Tatuapé / SP Income Statement
Slide 3: Agenda
Agenda Executive Summary Financial and Operating Results Sales Performance Inventory SG&A Debts not subjected to the Reorganization Plan Debts subjected to the Reorganization Plan Deleveraging ix. Tatuapé / SP Income Statement
Slide 4: Executive Summary: 1Q23 Highlights and Subsequent Events
Executive Summary 1Q23 Highlights and Subsequent Events Sales over Supply of Launches Selling Expenses Reduction of 36% 8.2% in 1Q23 quarter-on-quarter Term Sheet signed with ORIZ for financing the Gross Margin of 11.8% and construction of Cancellations ix. Tatuapé Adjusted Gross Reduction of 45% Ma
Slide 5: Agenda
Agenda Executive Summary Financial and Operating Results Sales Performance Inventory SG&A Debts not subjected to the Reorganization Plan Debts subjected to the Reorganization Plan Deleveraging ix. Tatuapé / SP Income Statement
Slide 6: Sales Performance
Financial and Operational Results Sales Performance Sales and Cancellations Performance – R$ million -14% -45% 34.2 33.7 n,m. 24.5 25.7 25.8 22.1 19.0 19.2 17.6 14.2 15.0 8.3 4.8 (3.7) (9.2) 1Q22 2Q22 3Q22 4Q22 1Q23 1Q22 2Q22 3Q22 4Q22 1Q23 1Q22 2Q22 3Q22 4Q22 1Q23 Gross Sales Cancellations Net Sale
Slide 7: Inventory
Financial and Operational Results Inventory Inventory by Status of Conclusion Finished Inventory by Product Finished Inventory by Region (%PSV) (%PSV) (%PSV) High Mid-High Southest Income Launch Income Northeast 3% 1% 4% 3% 4% MCMV Finished MG/ES 5% 18% 6% Land Plot North 11% Rio de 10% Janeiro Comm
Slide 8: Selling, General & Administrative Expenses
Financial and Operational Results Selling, General & Administrative Expenses SG&A Historical – R$ million -1% 29.8 28.6 28.4 24.8 9.5 15.1 14.9 9.9 17.7 1.9 18.9 13.8 14.7 14.9 15.8 1Q22 2Q22 3Q22 4Q22 1Q23 G&A Selling G&A expenses increased by 38% quarter-on-quarter, mainly due to the higher provis
Slide 9: Indebtedness (Extraconcursal)
Financial and Operational Results Indebtedness (Extraconcursal) Indebtedness (Extraconcursal) Variation – R$ million 209 5,772 +R$469 million (21%) (3,309) +R$114 million 1,211 (4%) 29 2,672 (616) (40) 2,817 135 127 2,621 2,735 113 2,364 128 2,488 (439) (95) (115) 2,185 93 2,266 (2) (3) (10) (11) (4
Slide 10: Reestructured Debt
Source: PDG – March, 2023 Reestructured Debt 4,627 Reversion of Interest and Fines (819) Debt before Adjustment to Fair Value Adjustment to Fair Value 3,808 (2,983) 13 Interest Total Debt Adjusted to Fair 838 Value (4Q17) Adjustment to Fair Value and 10 Monetary Adjustment Payments and Payments in i
Slide 11: Deleveraging
Financial and Operational Results Deleveraging Extended leverage – R$ billion -26% +12% 6.2 0.9 - 4.6 4.7 4.5 4.5 4.6 4.3 4.3 4.1 4.2 0.8 0.9 3.9 0.7 0.8 0.8 0.6 0.7 0.7 0.6 0.6 0.8 0.7 0.8 1.0 1.3 1.2 1.2 5.3 1.1 1.2 1.2 2.7 2.8 3.0 2.8 2.4 2.5 2.6 2.7 2.2 2.3 4Q16 4Q17 4Q18 4Q19 4Q20 4Q21 1Q22 2Q2
Slide 12: Income Statement
Financial and Operational Result Income Statement INCOME STATEMENTS (R$ '000) - IFRS QUARTER 1Q23 1Q22 (%) Var. Operating Gross Revenue Real Estate Sales 6,523 12,110 -46% Other Operating Revenues 1,462 1,277 14% (-) Revenues Deduction (1,933) (5,571) -65% Operating Net Revenue 6,052 7,816 -23% Cost
Slide 13: Investor Relations Contact
Conference Call 1Q23 Investor Relations: RI@PDG.COM.BR ix. Tatuapé Conselho de Administração
PDG Realty S.A. Empreendimentos e Participações — Q1 2023 Earnings Presentation on 6ix