Moura Dubeux Reports 33% Profit Surge, Announces New Dividends

INSUBCONTINENT EXCLUSIVE:
million ($7.9 million)
The company released its financial results for Q4 and full-year 2024 yesterday through the Brazilian stock exchange.Net revenue grew 30%
year-over-year to R$367.7 million ($64.5 million), despite gross margin falling 4.1 percentage points to 31.5%
Adjusted EBITDA reached R$53.3 million ($9.4 million), representing 17.3% growth from the same period last year.The company launched three
new developments during the quarter with a potential General Sales Value of R$460 million ($80.7 million)
Net sales and project memberships showed robust growth of 22.4% to R$520.7 million ($91.4 million).For the full year 2024, Moura Dubeux
achieved a record net profit of R$251.49 million ($44.1 million), soaring 61.3% compared to 2023
R$50 million ($8.8 million), equivalent to R$0.60 per share
Shareholders will vote on this proposal at the Annual General Meeting scheduled for April 24.Moura Dubeux Reports 33% Profit Surge,
Announces New Dividends
(Photo Internet reproduction)Throughout 2024, Moura Dubeux launched 14 projects with a combined General Sales Value of R$2.54 billion
($445.6 million), marking a 57.8% increase from 2023
Net sales and adhesions totaled R$2.39 billion ($419.1 million), up 61.2%.Moura Dubeux Reports Increased Debt but Strong GrowthThe company
ended 2024 with net debt of R$106.8 million ($18.7 million), compared to R$36.6 million ($6.4 million) at the end of 2023
The leverage ratio rose to 7% from 2.7% a year earlier.CEO Diego Villar expressed optimism about maintaining strong performance in 2025
Analysts forecast continued growth, with projected launches of approximately R$2.5-2.6 billion ($438.6-456.1 million).Founded in 1983 by