Melnick Desenvolvimento Imobiliario Sa · BMFBOVESPA:MELK3
Melnick Desenvolvimento Imobiliario Sa — Q2 2024 Earnings Presentation
18 slides from Melnick Desenvolvimento Imobiliario Sa's earnings presentation, 2024
Slide 1: Release of Results 2Q24
Release of Results 2Q24 meltnick Muito mais que morar
Slide 2: Notice
2Q24 Results Notice We represent and warrant that any information They encompass risks, uncertainties, and contained in this presentation and any statement assumptions as they refer to upcoming events, and, made during the videoconference, concerning the therefore, depend on circumstances that may o
Slide 3: Items impacting the quarter's results
For best governance practices and transparency for its shareholders, the Company emphasizes that its results for the quarter are directly impacted by the items listed: a) Reappraisal of budgeted costs for works directly and indirectly affected by the floods; b) Assessment and postponement of constru
Slide 4: Highlights
Highlights Sales % Melnick SalesDividends Performance Launches % Melnick 41 +43% R$ SalesMM performance of works In payment to of dividends 617 617 deliver in 2024 in the quarter. +4% 432 132 MM 416 433 372 In payment of dividends in R$ 91% 125 220 the last 12 months. 220 15.6% 291 152 61 213 Divide
Slide 5: Highlights July/2024
Highlights July/2024 Due to an atypical second quarter due to the strong floods that occurred in the state, we are exceptionally bringing some relevant data after the end of the quarter. Launches Sales Works 189 MM In launches (%Melnick) with R$ SoS at +40%. +R$ 100 In net sales (% Melnick). From Ju
Slide 6: Subsequent Launches
Subsequent Launches GRAND PARK MOINHOS – PHASE 3 YOFI (3Q24) GO MOINHOS (3Q24) (3Q24) PSV¹, ² % MELNICK – R$ 40 MM PSV¹, ² % MELNICK – R$ 101 MM PSV¹, ² MELNICK – R$ 48 MM (1) PSV of physical swap and sales commissions, net. (2) Non-audited data are subject to change. 6
Slide 7: Launches 2024
Launches 2024 Average Business PSV 100%¹ PSV Melnick² Usable area3 Project Unit3 Value/Unit Segment unit (R$ ‘000) (R$ '000) (m2) (R$ ‘000) 1Q24 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 Resident
Slide 8: Net Sales
Net Sales Breakdown by quarter: Breakdown of business units sold in 2Q24 (% Melnick – R$ million): (% Melnick – R$ million): 5,9% SoS of Launches Sales of Inventory 0,6% (% Melnick) SoS of Homebuilder Inventory Launch Sales (% Quarterly SoS Melnick) Urban Development 84% Open 93,5% 38% 36% 29% 20% 2
Slide 9: Deliveries and Operational Capacity
Deliveries and Operational Capacity Future deliveries (% Melnick) Delivered Planned before the floods Operational capacity 1,058 71 772 626 24 564 Active construction sites 987 4,396 2024 2025 2026 2027 units under Delivered Planned after the floods construction 971 694 71 697 658 695,864m under 2 c
Slide 10: Future deliveries planned to 2024 | % Melnick
Future deliveries planned to 2024 | % Melnick HILLSIDE ZEN CONCEPT RESORT OPEN CANOAS CENTRO – F3 3Q24 3Q24 4Q24 Average % sold 91% 90% sold 99% sold 98% sold R$ 45 MM R$ 26 MM R$ 27 MM GO CARLOS GOMES OPEN PROTÁSIO BOTANIQUE RESIDENCE CARLOS GOMES SQUARE 4Q24 4Q24 4Q24 4Q24 90% sold 91% sold 90% so
Slide 11: 2Q2024 Inventory
2Q2024 Inventory Breakdown by quarter: Finished Inventory (% Melnick – R$ million): 31 49 0 14 Inventory under Sales of Inventory 44 Finished Inventory Construction 40 Inventory for lease 289 270 76 Canceled Sales¹ Finished Inventory 1,219 97 1,195 1Q24 Inventory Canceled Sales¹ Sales of 2Q24Urban D
Slide 12: 2Q24 Landbank
2Q24 Landbank 3,151 In this quarter, after the floods, the land bank was reappraised. We 438 2,713 canceled R$ 438 million of potential PSV (% Melnick), corresponding to 5 plots of land or phases acquired, almost entirely in exchange. 1Q24 Landbank Write-off 2Q24 Landbank Landbank breakdown (%Melnic
Slide 13: Financial Indicators
Financial Indicators Net revenue breakdown: Gross Income and Gross Margin Breakdown: -29% 28.7% 541 25.3% -42% 21.5% 21.2% 21.0% 384 386 17.5% 13.5% 104 102 242 259 245 54 60 141 51 38 6 2Q23 3Q23 4Q23 1Q24 2Q24 6M2023 6M2024 2Q3 3Q23 4Q23 1Q21 2Q24 6M2023 6M2024 Gross Income (R$ Gross Margin (ex-fi
Slide 14: Financial Soundness
Financial Soundness Financial Structure Cash Generation 2T23 3T23 4T23 1T24 2T24 2T23 3T23 4T23 1T24 2T24 Production Initial Net Inicial Cash Produção SFH -238,0 -268,2 -278,0 -285,8 -320,6 Caixa Líquido 183,1 181,2 165,7 115,0 166,4 SFH Production Final Net Cash Caixa Líquido Final 181,2 165,7 115,
Slide 15: Dividend history
Dividend history Dividends approved between 2021 Allocation of earnings and 2023 account for 21% of the equity DY 9.06% DY 11.03% DY 10.86% Average Price Average Price Average Price R$ 4.04 R$ 3.76 R$ 4.49 Payout Payout Payout 96% 100% 100% IPO 103.9 Average payout 82.9 84.4 90% Track record of 15 y
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 Instructions via #Q&A# icon on the bottom of your screen. For the Q&A Because of the dynamics, we will announce your names and ask you By make your questions. At this time, a request to turn your microphone o
Slide 17: Subscribe to our mailing and get the latest news about Melnick
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 17
Slide 18: Release of Results 2Q24
Release of Results 2Q24 metnick Muito mais que morar
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