
Marfrig Global Foods SA
BOVESPA:MRFG3

Income Statement
Earnings Waterfall
Marfrig Global Foods SA
Revenue
|
148.9B
BRL
|
Cost of Revenue
|
-129.2B
BRL
|
Gross Profit
|
19.7B
BRL
|
Operating Expenses
|
-13.7B
BRL
|
Operating Income
|
6B
BRL
|
Other Expenses
|
-3.2B
BRL
|
Net Income
|
2.8B
BRL
|
Income Statement
Marfrig Global Foods SA
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
15 209
N/A
|
14 794
-3%
|
17 215
+16%
|
18 538
+8%
|
19 549
+5%
|
20 285
+4%
|
20 239
0%
|
19 466
-4%
|
18 828
-3%
|
16 076
-15%
|
13 580
-16%
|
11 920
-12%
|
10 128
-15%
|
11 037
+9%
|
13 972
+27%
|
22 374
+60%
|
29 715
+33%
|
36 731
+24%
|
43 336
+18%
|
44 991
+4%
|
48 761
+8%
|
52 183
+7%
|
59 345
+14%
|
63 433
+7%
|
67 482
+6%
|
71 216
+6%
|
72 909
+2%
|
79 713
+9%
|
85 388
+7%
|
90 493
+6%
|
126 746
+40%
|
139 525
+10%
|
125 371
-10%
|
162 389
+30%
|
167 613
+3%
|
165 892
-1%
|
132 218
-20%
|
163 809
+24%
|
137 818
-16%
|
142 183
+3%
|
148 861
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13 228)
|
(12 956)
|
(15 133)
|
(16 365)
|
(17 250)
|
(17 874)
|
(17 808)
|
(17 131)
|
(16 662)
|
(14 228)
|
(12 033)
|
(10 473)
|
(8 760)
|
(9 555)
|
(12 008)
|
(19 282)
|
(25 873)
|
(32 334)
|
(38 213)
|
(39 484)
|
(42 377)
|
(45 050)
|
(49 132)
|
(52 372)
|
(55 760)
|
(58 920)
|
(60 666)
|
(64 803)
|
(68 188)
|
(72 061)
|
(104 559)
|
(117 371)
|
(108 890)
|
(141 861)
|
(150 057)
|
(149 990)
|
(118 841)
|
(146 594)
|
(121 035)
|
(123 815)
|
(129 170)
|
|
Gross Profit |
1 981
N/A
|
1 837
-7%
|
2 081
+13%
|
2 172
+4%
|
2 299
+6%
|
2 411
+5%
|
2 431
+1%
|
2 336
-4%
|
2 167
-7%
|
1 850
-15%
|
1 549
-16%
|
1 448
-7%
|
1 368
-6%
|
1 482
+8%
|
1 964
+33%
|
3 092
+57%
|
3 842
+24%
|
4 397
+14%
|
5 122
+17%
|
5 507
+8%
|
6 384
+16%
|
7 133
+12%
|
10 213
+43%
|
11 061
+8%
|
11 722
+6%
|
12 295
+5%
|
12 243
0%
|
14 910
+22%
|
17 201
+15%
|
18 433
+7%
|
22 188
+20%
|
22 154
0%
|
16 481
-26%
|
20 528
+25%
|
17 556
-14%
|
15 902
-9%
|
13 377
-16%
|
17 215
+29%
|
16 783
-3%
|
18 368
+9%
|
19 691
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 021)
|
(902)
|
(966)
|
(1 153)
|
(1 241)
|
(1 278)
|
(1 383)
|
(1 198)
|
(1 123)
|
(1 085)
|
(1 034)
|
(995)
|
(943)
|
(989)
|
(1 780)
|
(2 181)
|
(3 420)
|
(3 705)
|
(3 396)
|
(3 489)
|
(2 972)
|
(3 218)
|
(3 469)
|
(3 706)
|
(3 867)
|
(4 062)
|
(4 135)
|
(4 314)
|
(4 569)
|
(4 717)
|
(4 112)
|
(6 315)
|
(7 250)
|
(11 060)
|
(16 382)
|
(16 050)
|
(12 253)
|
(15 199)
|
(12 732)
|
(13 042)
|
(13 719)
|
|
Selling, General & Administrative |
(951)
|
(825)
|
(935)
|
(924)
|
(974)
|
(1 011)
|
(1 025)
|
(1 041)
|
(983)
|
(932)
|
(854)
|
(813)
|
(787)
|
(851)
|
(1 064)
|
(1 460)
|
(1 714)
|
(2 052)
|
(2 288)
|
(2 313)
|
(2 512)
|
(2 616)
|
(2 739)
|
(2 929)
|
(3 138)
|
(3 275)
|
(3 388)
|
(3 544)
|
(3 818)
|
(4 041)
|
(7 000)
|
(9 139)
|
(9 554)
|
(13 065)
|
(14 581)
|
(14 218)
|
(11 306)
|
(13 973)
|
(11 632)
|
(11 943)
|
(12 277)
|
|
Depreciation & Amortization |
(10)
|
0
|
0
|
(7)
|
(18)
|
(20)
|
(29)
|
(36)
|
(35)
|
0
|
0
|
(17)
|
(34)
|
(27)
|
0
|
(28)
|
(181)
|
(234)
|
(309)
|
(373)
|
(299)
|
(309)
|
(332)
|
(358)
|
(382)
|
(399)
|
(400)
|
(398)
|
(402)
|
(400)
|
(651)
|
(812)
|
(872)
|
(1 156)
|
(1 336)
|
(1 351)
|
(1 092)
|
(1 358)
|
(1 101)
|
(1 116)
|
(1 177)
|
|
Other Operating Expenses |
(60)
|
(78)
|
(31)
|
(224)
|
(249)
|
(247)
|
(329)
|
(122)
|
(106)
|
(153)
|
(180)
|
(166)
|
(122)
|
(112)
|
(716)
|
(694)
|
(1 525)
|
(1 420)
|
(799)
|
(803)
|
(161)
|
(293)
|
(397)
|
(419)
|
(348)
|
(388)
|
(347)
|
(372)
|
(349)
|
(276)
|
3 539
|
3 636
|
3 176
|
3 161
|
(465)
|
(481)
|
145
|
132
|
1
|
17
|
(265)
|
|
Operating Income |
960
N/A
|
935
-3%
|
1 115
+19%
|
1 019
-9%
|
1 058
+4%
|
1 133
+7%
|
1 048
-8%
|
1 137
+8%
|
1 044
-8%
|
763
-27%
|
513
-33%
|
452
-12%
|
424
-6%
|
492
+16%
|
183
-63%
|
910
+397%
|
422
-54%
|
692
+64%
|
1 726
+150%
|
2 018
+17%
|
3 412
+69%
|
3 915
+15%
|
6 744
+72%
|
7 356
+9%
|
7 855
+7%
|
8 233
+5%
|
8 108
-2%
|
10 596
+31%
|
12 632
+19%
|
13 716
+9%
|
18 076
+32%
|
15 839
-12%
|
9 231
-42%
|
9 468
+3%
|
1 175
-88%
|
(148)
N/A
|
1 125
N/A
|
2 016
+79%
|
4 052
+101%
|
5 326
+31%
|
5 972
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 413)
|
(1 572)
|
(1 359)
|
(1 964)
|
(2 568)
|
(1 617)
|
(1 887)
|
(1 085)
|
(1 122)
|
(911)
|
(729)
|
(654)
|
(743)
|
(675)
|
(685)
|
(942)
|
(1 098)
|
(1 015)
|
(1 196)
|
(1 241)
|
(1 386)
|
(2 152)
|
(2 728)
|
(2 950)
|
(2 757)
|
(2 607)
|
(1 779)
|
(2 264)
|
(3 775)
|
(4 016)
|
(7 416)
|
(8 227)
|
(5 796)
|
(7 926)
|
(6 998)
|
(6 169)
|
(5 163)
|
(6 012)
|
(4 505)
|
(4 594)
|
(4 500)
|
|
Total Other Income |
(668)
|
(1 139)
|
(1 457)
|
(1 407)
|
(555)
|
(912)
|
(762)
|
(777)
|
(899)
|
(1 196)
|
(1 342)
|
(1 365)
|
(1 146)
|
(1 170)
|
(1 200)
|
(1 238)
|
(1 211)
|
(1 203)
|
(909)
|
(815)
|
(674)
|
(711)
|
(504)
|
(231)
|
31
|
329
|
322
|
145
|
46
|
(51)
|
(167)
|
(142)
|
(444)
|
(552)
|
(873)
|
(1 296)
|
(503)
|
(641)
|
(726)
|
(312)
|
(1 067)
|
|
Pre-Tax Income |
(1 121)
N/A
|
(1 778)
-59%
|
(1 702)
+4%
|
(2 352)
-38%
|
(2 065)
+12%
|
(1 394)
+33%
|
(1 601)
-15%
|
(724)
+55%
|
(977)
-35%
|
(1 344)
-38%
|
(1 557)
-16%
|
(1 567)
-1%
|
(1 465)
+7%
|
(1 353)
+8%
|
(1 702)
-26%
|
(1 270)
+25%
|
(1 887)
-49%
|
(1 526)
+19%
|
(378)
+75%
|
(38)
+90%
|
1 353
N/A
|
1 052
-22%
|
3 512
+234%
|
4 175
+19%
|
5 128
+23%
|
5 955
+16%
|
6 652
+12%
|
8 476
+27%
|
8 902
+5%
|
9 649
+8%
|
10 493
+9%
|
7 470
-29%
|
2 992
-60%
|
989
-67%
|
(6 697)
N/A
|
(7 613)
-14%
|
(4 541)
+40%
|
(4 637)
-2%
|
(1 180)
+75%
|
420
N/A
|
405
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
305
|
484
|
479
|
728
|
688
|
496
|
535
|
247
|
335
|
449
|
588
|
566
|
474
|
455
|
632
|
630
|
398
|
426
|
113
|
160
|
230
|
356
|
(302)
|
(669)
|
(597)
|
(886)
|
(1 408)
|
(1 728)
|
(2 256)
|
(3 017)
|
(1 875)
|
(1 243)
|
448
|
222
|
510
|
978
|
1 090
|
1 318
|
1 571
|
1 082
|
2 391
|
|
Income from Continuing Operations |
(816)
|
(1 294)
|
(1 223)
|
(1 624)
|
(1 377)
|
(898)
|
(1 066)
|
(477)
|
(642)
|
(896)
|
(970)
|
(1 001)
|
(991)
|
(896)
|
(1 068)
|
(639)
|
(1 489)
|
(1 100)
|
(265)
|
121
|
1 582
|
1 408
|
3 209
|
3 506
|
4 531
|
5 069
|
5 244
|
6 748
|
6 646
|
6 632
|
8 617
|
6 227
|
3 440
|
1 211
|
(6 186)
|
(6 635)
|
(3 452)
|
(3 319)
|
392
|
1 502
|
2 796
|
|
Income to Minority Interest |
(20)
|
(24)
|
(28)
|
(34)
|
(47)
|
(51)
|
(54)
|
(56)
|
(46)
|
(45)
|
(45)
|
(42)
|
(38)
|
(28)
|
(171)
|
(556)
|
(759)
|
(895)
|
(1 053)
|
(1 200)
|
(1 364)
|
(1 331)
|
(1 625)
|
(1 349)
|
(1 229)
|
(1 351)
|
(1 382)
|
(1 885)
|
(2 304)
|
(2 461)
|
(1 804)
|
(657)
|
1 403
|
2 338
|
4 290
|
4 179
|
2 103
|
1 998
|
(400)
|
(1 070)
|
(1 085)
|
|
Net Income (Common) |
(739)
N/A
|
(1 214)
-64%
|
(1 165)
+4%
|
(676)
+42%
|
(586)
+13%
|
(121)
+79%
|
(247)
-104%
|
(603)
-144%
|
(679)
-13%
|
(806)
-19%
|
(841)
-4%
|
(733)
+13%
|
(483)
+34%
|
(454)
+6%
|
(825)
-82%
|
(843)
-2%
|
1 395
N/A
|
1 602
+15%
|
2 226
+39%
|
2 407
+8%
|
218
-91%
|
77
-65%
|
1 584
+1 962%
|
2 158
+36%
|
3 302
+53%
|
3 718
+13%
|
3 862
+4%
|
4 863
+26%
|
4 342
-11%
|
4 171
-4%
|
6 797
+63%
|
5 553
-18%
|
4 166
-25%
|
3 532
-15%
|
(2 249)
N/A
|
(2 791)
-24%
|
(1 518)
+46%
|
(1 455)
+4%
|
38
N/A
|
229
+501%
|
2 795
+1 121%
|
|
EPS (Diluted) |
-1.42
N/A
|
-2.33
-64%
|
-2.24
+4%
|
-1.3
+42%
|
-1.12
+14%
|
-0.23
+79%
|
-0.47
-104%
|
-1.15
-145%
|
-1.32
-15%
|
-1.35
-2%
|
-1.41
-4%
|
-1.23
+13%
|
-0.77
+37%
|
-0.76
+1%
|
-1.39
-83%
|
-1.42
-2%
|
2.24
N/A
|
2.58
+15%
|
3.59
+39%
|
3.88
+8%
|
0.35
-91%
|
0.1
-71%
|
2.26
+2 160%
|
3.08
+36%
|
4.69
+52%
|
5.31
+13%
|
5.53
+4%
|
6.91
+25%
|
6.38
-8%
|
5.97
-6%
|
12.19
+104%
|
11.95
-2%
|
6.36
-47%
|
5.46
-14%
|
-3.51
N/A
|
-4.36
-24%
|
-2.36
+46%
|
-2.28
+3%
|
0.06
N/A
|
0.25
+317%
|
3.09
+1 136%
|