Melcor Developments Ltd.
Melcor Developments Ltd. (MODVF) Financial Performance & Income Statement Overview
Analyze Melcor Developments Ltd. (MODVF) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Melcor Developments Ltd. (MODVF) Income Statement & Financial Overview
View the income breakdown for Melcor Developments Ltd. MODVF across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $50.74M | $170.54M | $59.51M | $69.71M |
| Cost of Revenue | $23.43M | $100.46M | $30.90M | $34.62M |
| Gross Profit | $27.31M | $70.08M | $28.61M | $35.09M |
| Gross Profit Ratio | $0.54 | $0.41 | $0.48 | $0.50 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $7.65M | $9.27M | $7.90M | $6.71M |
| Operating Expenses | $11.50M | $17.42M | $52.63M | $13000.00 |
| Total Costs & Expenses | $34.94M | $117.88M | $83.53M | $41.33M |
| Interest Income | $983000.00 | $846000.00 | $734000.00 | $714000.00 |
| Interest Expense | $6.11M | $6.86M | $6.30M | $6.55M |
| Depreciation & Amortization | $117000.00 | $188000.00 | $494000.00 | $423000.00 |
| EBITDA | $14.44M | $53.56M | -$27.59M | $28.80M |
| EBITDA Ratio | $0.28 | $0.31 | -$0.46 | $0.41 |
| Operating Income | $15.81M | $52.66M | -$24.03M | $28.38M |
| Operating Income Ratio | $0.31 | $0.31 | -$0.40 | $0.41 |
| Other Income/Expenses (Net) | -$7.60M | -$6.14M | -$10.35M | -$451000.00 |
| Income Before Tax | $8.21M | $46.52M | -$34.38M | $27.93M |
| Income Before Tax Ratio | $0.16 | $0.27 | -$0.58 | $0.40 |
| Income Tax Expense | $3.19M | $14.13M | $606000.00 | $4.59M |
| Net Income | $5.02M | $32.38M | -$34.98M | $23.34M |
| Net Income Ratio | $0.10 | $0.19 | -$0.59 | $0.33 |
| EPS | $0.17 | $1.07 | -$1.15 | $0.77 |
| Diluted EPS | $0.16 | $1.05 | -$1.15 | $0.77 |
| Weighted Avg Shares Outstanding | $29.51M | $30.37M | $30.42M | $30.48M |
| Weighted Avg Shares Outstanding (Diluted) | $31.35M | $30.84M | $30.42M | $30.48M |
Over the last four quarters, Melcor Developments Ltd. achieved steady financial progress, growing revenue from $69.71M in Q2 2024 to $50.74M in Q1 2025. Gross profit stayed firm with margins at 54% in Q1 2025 versus 50% in Q2 2024. Operating income totaled $15.81M in Q1 2025, maintaining a 31% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $14.44M. Net income dropped to $5.02M, with EPS at $0.17. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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