Melcor Developments Ltd. (MODVF) Income Statement Analysis

See more : Cambridge Bancorp (CATC) Income Statement Analysis – Financial Results

Complete financial analysis of Melcor Developments Ltd. (MODVF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Melcor Developments Ltd., a leading company in the Real Estate – Development industry within the Real Estate sector.

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Melcor Developments Ltd. (MODVF)

Industry: Real Estate - Development

Sector: Real Estate

Website: https://www.melcor.ca

About Melcor Developments Ltd.

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, REIT, Investment Property, and Recreational Property segments. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. It also owns and manages three 18-hole golf courses. Melcor Developments Ltd. was founded in 1923 and is headquartered in Edmonton, Canada.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue	315.24M	241.75M	315.63M	226.82M	207.97M	267.43M	257.95M	242.46M	263.31M	313.01M	303.74M	274.93M	220.35M	193.03M	136.61M	108.44M	207.02M	203.40M	161.50M	88.34M	80.04M	110.57M	82.61M	61.22M	46.60M	57.70M	50.60M	34.00M	29.40M	44.30M	41.40M
Cost of Revenue	172.89M	123.48M	175.50M	128.60M	111.19M	142.22M	141.58M	134.05M	142.66M	162.86M	168.91M	160.89M	125.79M	98.55M	77.22M	56.34M	98.57M	115.89M	86.34M	52.11M	46.55M	67.63M	50.61M	36.45M	27.00M	34.00M	29.10M	21.40M	18.60M	28.90M	26.10M
Gross Profit	142.35M	118.26M	140.13M	98.22M	96.79M	125.21M	116.37M	108.41M	120.65M	150.15M	134.83M	114.04M	94.56M	94.48M	59.38M	52.10M	108.45M	87.52M	75.16M	36.23M	33.48M	42.94M	32.00M	24.77M	19.60M	23.70M	21.50M	12.60M	10.80M	15.40M	15.30M
Gross Profit Ratio	45.16%	48.92%	44.40%	43.30%	46.54%	46.82%	45.11%	44.71%	45.82%	47.97%	44.39%	41.48%	42.91%	48.94%	43.47%	48.05%	52.39%	43.03%	46.54%	41.01%	41.83%	38.83%	38.73%	40.46%	42.06%	41.07%	42.49%	37.06%	36.73%	34.76%	36.96%
Research & Development	0.00	0.47	0.25	0.06	0.20	0.31	0.21	0.23	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	21.65M	22.13M	21.03M	18.33M	20.80M	21.49M	24.91M	20.76M	23.69M	24.77M	29.05M	21.43M	17.01M	14.88M	11.10M	11.75M	0.00	0.00	9.44M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	983.00K	544.00K	526.00K	551.00K	1.36M	1.48M	1.81M	2.12M	2.58M	0.00	0.00	0.00	1.54M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	22.64M	22.68M	21.55M	18.88M	22.16M	22.98M	24.91M	20.76M	23.69M	24.77M	29.05M	21.43M	18.55M	14.88M	11.10M	11.75M	13.81M	11.79M	9.44M	7.03M	7.58M	8.06M	6.84M	5.82M	5.00M	5.20M	4.50M	3.40M	4.50M	4.90M	4.90M
Other Expenses	12.85M	10.14M	-27.33M	-24.62M	-17.56M	3.44M	-8.09M	-21.47M	17.68M	1.62M	-18.18M	0.00	0.00	0.00	357.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses	35.48M	23.02M	53.46M	-19.28M	22.56M	23.43M	24.91M	20.76M	23.69M	24.77M	29.05M	22.66M	19.67M	24.65M	19.34M	18.33M	17.03M	14.03M	11.12M	7.03M	7.58M	8.06M	6.84M	6.57M	5.80M	5.90M	5.20M	4.10M	5.20M	5.60M	5.60M
Cost & Expenses	208.37M	146.51M	228.96M	109.32M	133.75M	165.65M	166.50M	154.80M	166.35M	187.63M	197.96M	183.55M	145.46M	123.20M	96.57M	74.67M	115.61M	129.91M	97.47M	59.14M	54.14M	75.69M	57.45M	43.02M	32.80M	39.90M	34.30M	25.50M	23.80M	34.50M	31.70M
Interest Income	3.21M	1.61M	572.00K	574.00K	1.34M	1.29M	1.13M	1.18M	2.43M	2.81M	2.31M	2.32M	2.51M	2.13M	1.91M	6.63M	6.77M	4.44M	1.89M	1.59M	2.39M	1.72M	1.42M	1.15M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	27.74M	24.43M	22.85M	25.03M	23.16M	21.88M	20.82M	21.81M	22.10M	18.85M	16.42M	17.05M	16.22M	12.74M	11.49M	12.03M	8.97M	6.43M	3.90M	2.46M	2.36M	1.53M	1.77M	1.54M	0.00	1.50M	0.00	1.60M	1.80M	1.70M	2.10M
Depreciation & Amortization	1.26M	152.73M	203.22M	153.69M	170.42M	200.61M	196.12M	185.39M	1.71M	1.60M	1.45M	1.24M	1.12M	122.00K	5.66M	71.00K	3.22M	2.24M	67.00K	1.49M	1.09M	906.00K	832.00K	748.00K	800.00K	700.00K	700.00K	700.00K	700.00K	700.00K	700.00K
EBITDA	104.77M	96.59M	119.53M	81.37M	75.60M	103.20M	92.89M	89.23M	98.66M	126.98M	107.23M	152.68M	120.19M	88.03M	50.55M	46.98M	94.64M	75.73M	67.54M	30.69M	26.99M	35.78M	25.99M	18.95M	14.60M	18.50M	17.00M	9.20M	6.30M	10.50M	10.40M
EBITDA Ratio	33.24%	47.70%	26.45%	51.34%	26.33%	39.35%	32.82%	27.92%	44.24%	41.56%	29.66%	34.03%	35.63%	42.34%	37.00%	43.33%	45.71%	37.23%	41.86%	34.74%	33.72%	32.36%	31.46%	30.96%	31.33%	32.06%	33.60%	27.06%	21.43%	23.70%	25.12%
Operating Income	106.87M	126.97M	106.19M	41.06M	68.98M	106.09M	74.56M	82.02M	124.27M	140.00M	133.95M	75.29M	61.18M	59.22M	44.88M	28.37M	91.42M	73.49M	62.02M	29.20M	25.90M	34.87M	25.16M	18.20M	13.80M	17.80M	16.30M	8.50M	5.60M	9.80M	9.70M
Operating Income Ratio	33.90%	52.52%	33.64%	18.10%	33.17%	39.67%	28.90%	33.83%	47.19%	44.73%	44.10%	27.38%	27.77%	30.68%	32.86%	26.17%	44.16%	36.13%	38.40%	33.05%	32.36%	31.54%	30.45%	29.73%	29.61%	30.85%	32.21%	25.00%	19.05%	22.12%	23.43%
Total Other Income/Expenses	-31.09M	-14.56M	-27.30M	-27.85M	-26.49M	-22.85M	-20.87M	-25.05M	-23.74M	-16.85M	-15.37M	59.11M	41.67M	-3.44M	-13.69M	23.17M	-2.08M	9.13M	-63.00K	-877.00K	1.60M	1.19M	-315.00K	90.00K	300.00K	-200.00K	-800.00K	-1.40M	-800.00K	1.10M	-1.30M
Income Before Tax	75.78M	112.42M	78.89M	13.21M	42.49M	83.24M	53.69M	56.98M	100.52M	123.15M	119.84M	134.39M	102.86M	60.88M	31.20M	51.55M	89.34M	82.62M	61.96M	28.32M	27.50M	36.06M	24.84M	18.29M	14.10M	17.70M	15.50M	7.10M	4.60M	10.90M	8.20M
Income Before Tax Ratio	24.04%	46.50%	24.99%	5.82%	20.43%	31.13%	20.81%	23.50%	38.18%	39.34%	39.46%	48.88%	46.68%	31.54%	22.84%	47.54%	43.16%	40.62%	38.37%	32.06%	34.36%	32.62%	30.07%	29.88%	30.26%	30.68%	30.63%	20.88%	15.65%	24.60%	19.81%
Income Tax Expense	12.80M	23.06M	22.58M	1.74M	4.75M	18.97M	15.16M	22.54M	24.57M	22.43M	21.22M	29.37M	21.46M	15.83M	7.97M	10.53M	25.67M	24.85M	20.19M	8.89M	9.10M	12.97M	8.87M	7.66M	6.30M	7.90M	6.90M	3.10M	2.20M	4.60M	3.70M
Net Income	62.98M	89.35M	56.31M	11.46M	37.74M	64.27M	38.53M	34.43M	75.96M	100.72M	98.63M	105.03M	81.39M	45.06M	23.22M	41.02M	63.67M	57.77M	41.78M	19.44M	18.41M	23.09M	15.97M	10.63M	7.80M	9.70M	8.50M	3.90M	2.40M	6.30M	4.50M
Net Income Ratio	19.98%	36.96%	17.84%	5.05%	18.15%	24.03%	14.94%	14.20%	28.85%	32.18%	32.47%	38.20%	36.94%	23.34%	17.00%	37.83%	30.75%	28.40%	25.87%	22.00%	23.00%	20.88%	19.33%	17.36%	16.74%	16.81%	16.80%	11.47%	8.16%	14.22%	10.87%
EPS	2.03	2.75	1.70	0.34	1.13	1.92	1.15	1.04	2.29	3.18	3.24	3.49	2.70	1.49	0.78	1.32	2.05	1.87	1.38	0.63	0.60	0.76	0.53	0.35	0.25	0.31	0.26	0.12	0.07	0.20	0.15
EPS Diluted	2.03	2.74	1.70	0.34	1.13	1.92	1.15	1.04	2.29	3.06	3.05	3.29	2.57	1.48	0.77	1.31	2.00	1.83	1.35	0.62	0.59	0.74	0.52	0.35	0.25	0.31	0.26	0.12	0.07	0.19	0.14
Weighted Avg Shares Out	31.02M	32.45M	33.04M	33.26M	33.32M	33.39M	33.36M	33.25M	33.12M	31.71M	30.46M	30.12M	30.13M	30.23M	29.85M	31.11M	31.12M	30.89M	30.28M	30.87M	30.68M	30.46M	30.39M	30.39M	31.20M	31.80M	32.20M	32.50M	32.43M	31.82M	30.82M
Weighted Avg Shares Out (Dil)	31.10M	32.60M	33.22M	33.28M	33.34M	33.39M	33.38M	33.25M	33.17M	33.30M	32.96M	32.56M	32.38M	30.53M	30.06M	31.40M	31.76M	31.57M	30.95M	31.62M	31.41M	31.16M	30.66M	30.39M	31.20M	31.80M	32.20M	32.77M	32.43M	32.64M	32.61M

Melcor Developments announces results for 2023, declares $0.11 per share dividend

March 13, 2024globenewswire.com

EDMONTON, Alberta, March 13, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth quarter and year ended December 31, 2023. The annual Management Discussion & Analysis...

Melcor Developments announces third quarter results, declares quarterly dividend of $0.16 per share

November 8, 2023globenewswire.com

EDMONTON, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2023. The third quarter Management Discussion...

Melcor Developments announces second quarter results, declares quarterly dividend of $0.16 per share

August 10, 2023globenewswire.com

EDMONTON, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2023. Revenue was down 3% to...

RBC Capital Trims Melcor Developments Price Target By 5%

May 11, 2022benzinga.com

Melcor Developments Ltd. (TSX: MRD) (OTC: MODVF) price target has been lowered to C$18 from C$19 by RBC Capital analyst Tom Callaghan.

Melcor Developments provides instructions for Annual General and Special Meeting attendees

May 17, 2021globenewswire.com

EDMONTON, Alberta, May 17, 2021 (GLOBE NEWSWIRE) -- Melcor Developments LTd. (TSX: MRD) invites shareholders and guests to attend its annual general and special meeting on Thursday, May 20, 2021 at 11:00am MT (1:00pm ET). Shareholders and guests may attend...

Melcor Developments announces results for 2020 and increases dividend by 25% to $0.10 per share

March 17, 2021globenewswire.com

EDMONTON, Alberta, March 17, 2021 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year...