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Marvipol Development SA
WSE:MVP

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Marvipol Development SA
WSE:MVP
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Price: 6.48 PLN -2.41% Market Closed
Market Cap: 269.9m PLN
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Income Statement

Earnings Waterfall
Marvipol Development SA

Revenue
175.5m PLN
Cost of Revenue
-116.4m PLN
Gross Profit
59.1m PLN
Operating Expenses
-46.2m PLN
Operating Income
12.9m PLN
Other Expenses
-6.9m PLN
Net Income
6m PLN

Income Statement
Marvipol Development SA

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Income Statement
Currency: PLN
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
Revenue
Revenue
186
N/A
191
+3%
231
+21%
305
+32%
266
-13%
299
+12%
259
-13%
207
-20%
291
+41%
277
-5%
280
+1%
340
+21%
431
+27%
442
+2%
453
+3%
527
+16%
394
-25%
465
+18%
645
+39%
542
-16%
589
+9%
538
-9%
530
-1%
532
+0%
378
-29%
332
-12%
175
-47%
Gross Profit
Cost of Revenue
(148)
(151)
(179)
(233)
(204)
(227)
(197)
(158)
(224)
(214)
(215)
(257)
(326)
(336)
(344)
(400)
(282)
(336)
(482)
(406)
(446)
(410)
(380)
(371)
(259)
(223)
(116)
Gross Profit
38
N/A
41
+6%
52
+29%
72
+38%
62
-14%
72
+16%
63
-13%
49
-22%
67
+37%
64
-5%
65
+1%
83
+29%
106
+27%
106
+0%
110
+3%
127
+16%
112
-12%
129
+15%
163
+27%
136
-17%
143
+5%
127
-11%
149
+17%
161
+7%
118
-26%
110
-7%
59
-46%
Operating Income
Operating Expenses
(24)
(24)
(22)
(25)
(33)
(34)
(34)
(35)
(40)
(44)
(43)
(44)
(46)
(42)
(44)
(43)
(40)
(42)
(44)
(44)
(53)
(51)
(47)
(48)
(39)
(42)
(46)
Selling, General & Administrative
(32)
(33)
(33)
(35)
(36)
(38)
(38)
(39)
(43)
(49)
(48)
(49)
(47)
(43)
(45)
(43)
(42)
(43)
(45)
(45)
(45)
(43)
(41)
(42)
(39)
(42)
(44)
Other Operating Expenses
8
9
10
10
3
4
4
4
3
5
4
5
1
1
1
0
2
1
1
1
(8)
(8)
(6)
(6)
(0)
(0)
(3)
Operating Income
14
N/A
17
+22%
30
+79%
47
+56%
29
-38%
38
+30%
29
-25%
14
-52%
27
+96%
20
-26%
21
+8%
39
+86%
59
+51%
65
+9%
66
+2%
84
+28%
72
-15%
87
+21%
119
+37%
92
-23%
90
-3%
76
-15%
102
+34%
112
+10%
80
-29%
68
-15%
13
-81%
Pre-Tax Income
Interest Income Expense
9
18
23
23
28
25
28
55
65
70
63
46
42
33
50
42
45
55
36
43
31
16
4
1
(12)
(13)
(5)
Non-Reccuring Items
0
0
0
0
(1)
(1)
(1)
(1)
(0)
(0)
0
(0)
0
(0)
(0)
(1)
0
0
0
1
1
1
1
2
1
1
1
Total Other Income
(1)
0
0
0
(1)
0
0
0
(2)
0
1
0
(2)
(3)
(4)
(3)
(4)
(3)
(11)
(11)
(11)
(11)
(3)
(2)
(0)
(1)
(1)
Pre-Tax Income
22
N/A
35
+61%
53
+50%
70
+32%
56
-20%
63
+12%
56
-11%
68
+21%
90
+32%
90
+0%
85
-5%
86
+0%
100
+17%
95
-4%
112
+17%
123
+9%
114
-7%
140
+23%
144
+3%
125
-14%
111
-11%
83
-25%
105
+26%
113
+8%
69
-39%
56
-19%
9
-84%
Net Income
Tax Provision
16
5
(6)
(9)
(9)
(13)
(13)
(12)
(20)
(16)
(15)
(18)
(19)
(19)
(20)
(21)
(18)
(23)
(24)
(20)
(21)
(16)
(24)
(26)
(13)
(11)
(3)
Income from Continuing Operations
38
40
47
61
47
50
43
56
70
74
71
68
80
77
92
102
96
117
121
104
90
66
81
87
55
44
6
Net Income (Common)
38
N/A
40
+4%
47
+18%
61
+29%
47
-22%
50
+5%
43
-13%
56
+29%
70
+25%
74
+6%
71
-4%
68
-4%
80
+19%
77
-5%
92
+20%
102
+10%
96
-6%
117
+22%
121
+3%
104
-13%
90
-14%
66
-26%
81
+22%
87
+7%
55
-36%
44
-20%
6
-87%
EPS (Diluted)
0.92
N/A
0.95
+3%
1.13
+19%
1.46
+29%
1.14
-22%
1.19
+4%
1.03
-13%
1.34
+30%
1.68
+25%
1.77
+5%
1.69
-5%
1.62
-4%
1.93
+19%
1.84
-5%
2.21
+20%
2.44
+10%
2.3
-6%
2.8
+22%
2.89
+3%
2.51
-13%
2.16
-14%
1.6
-26%
1.95
+22%
2.08
+7%
1.33
-36%
1.06
-20%
0.14
-87%

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