Income Statement MPM Corpóreos S.A.

Equities

ESPA3

BRESPAACNOR7

Personal Services

Market Closed - Sao Paulo Other stock markets 04:05:00 2025-12-15 pm EST			5-day change	1st Jan Change
1.000 ^BRL	-3.85%		-4.76%	+35.14%

Dec. 05	MPM Corpóreos S.A., Nine Months 2025 Earnings Call, Nov 07, 2025
Nov. 06	MPM Corpóreos S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI

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Published financial data: MPM CORPÓREOS S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	522M	714M	907M	1.01B	1.03B
Total Revenues	522M	714M	907M	1.01B	1.03B
Cost of Goods Sold, Total	287M	424M	577M	635M	685M
Gross Profit	235M	291M	330M	372M	345M
Selling General & Admin Expenses, Total	169M	184M	239M	255M	196M
Other Operating Expenses	-2.57M	-1.7M	-7.13M	-10.4M	1.22M
Other Operating Expenses, Total	166M	182M	232M	245M	197M
Operating Income	68.88M	109M	98.3M	127M	148M
Interest Expense, Total	-63.11M	-55.64M	-105M	-134M	-125M
Interest And Investment Income	4.02M	5.99M	14.05M	26.18M	16.88M
Net Interest Expenses	-59.09M	-49.65M	-91.23M	-108M	-108M
Income (Loss) On Equity Invest.	-174K	120M	5.72M	610K	2.06M
Currency Exchange Gains (Loss)	-191K	-402K	-34.05M	-7.6M	-3.65M
Other Non Operating Income (Expenses)	97.56M	3.33M	-22.89M	-5.9M	-18.59M
EBT, Excl. Unusual Items	107M	182M	-44.14M	5.96M	19.61M
Other Unusual Items	9.12M	1.59M	-	-	-
EBT, Incl. Unusual Items	116M	183M	-44.14M	5.96M	19.61M
Income Tax Expense	57.28M	4.22M	7.22M	31.48M	17.96M
Earnings From Continuing Operations	58.82M	179M	-51.37M	-25.52M	1.65M
Net Income to Company	58.82M	179M	-51.37M	-25.52M	1.65M
Minority Interest	3.28M	1.31M	1.17M	2.4M	870K
Net Income - (IS)	62.1M	180M	-50.2M	-23.11M	2.52M
Net Income to Common Incl Extra Items	62.1M	180M	-50.2M	-23.11M	2.52M
Net Income to Common Excl. Extra Items	62.1M	180M	-50.2M	-23.11M	2.52M
Per Share Items
Net EPS - Basic	0.35	0.76	-0.19	-0.06	0.01
Basic EPS - Continuing Operations	0.35	0.76	-0.19	-0.06	0.01
Basic Weighted Average Shares Outstanding	176M	236M	266M	361M	361M
Net EPS - Diluted	0.35	0.76	-0.19	-0.06	0.01
Diluted EPS - Continuing Operations	0.35	0.76	-0.19	-0.06	0.01
Diluted Weighted Average Shares Outstanding	176M	236M	266M	361M	361M
Normalized Basic EPS	0.4	0.49	-0.1	0.02	0.04
Normalized Diluted EPS	0.4	0.49	-0.1	0.02	0.04
Dividend Per Share	0.06	-	-	-	0
Payout Ratio	16.1	19.25	-	-	-
Supplemental Items
EBITDA	99.04M	139M	156M	189M	210M
EBITA	86.07M	129M	118M	146M	165M
EBIT	68.88M	109M	98.3M	127M	148M
EBITDAR	124M	183M	225M	261M	286M
Effective Tax Rate - (Ratio)	49.34	2.3	-16.37	528.03	91.59
Current Domestic Taxes	39.98M	48.82M	-	-	-
Total Current Taxes	39.98M	48.82M	10.87M	21.77M	5.37M
Deferred Domestic Taxes	17.3M	-44.6M	-	-	-
Total Deferred Taxes	17.3M	-44.6M	-3.65M	5.49M	11.51M
Normalized Net Income	70.14M	115M	-26.42M	6.13M	13.12M
Interest on Long-Term Debt	63.35M	66.89M	112M	141M	138M
Supplemental Operating Expense Items
Advertising Expense	21.12M	-	-	-	-
Marketing Expenses	4.43M	19.8M	37.18M	50.83M	36.86M
Selling and Marketing Expenses	25.56M	34.42M	55.91M	72.76M	7.88M
General and Administrative Expenses	143M	149M	183M	182M	188M
Net Rental Expense, Total	25.2M	43.94M	69.59M	72.57M	76.52M
Imputed Operating Lease Interest Expense	30.36M	27.69M	64.69M	87.26M	88.33M
Imputed Operating Lease Depreciation	-5.16M	16.25M	4.9M	-14.69M	-11.8M
Maintenance & Repair Expenses, Total	2.31M	-	-	-	-
Stock-Based Comp., Other (Total)	2.93M	5.31M	3.01M	528K	-1.72M
Total Stock-Based Compensation	2.93M	5.31M	3.01M	528K	-1.72M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	149M	143M	238M	158M	224M
Short Term Investments	14.77M	-	-	-	-
Total Cash And Short Term Investments	164M	143M	238M	158M	224M
Accounts Receivable, Total	438M	657M	691M	738M	760M
Other Receivables	-	-	-	40.73M	45.18M
Total Receivables	438M	657M	691M	779M	805M
Other Current Assets, Total	238M	51.01M	50.75M	15.91M	10.96M
Total Current Assets	840M	851M	980M	953M	1.04B
Gross Property Plant And Equipment	291M	463M	514M	565M	562M
Accumulated Depreciation	-57.43M	-94.22M	-128M	-164M	-203M
Net Property Plant And Equipment	233M	368M	387M	401M	360M
Long-term Investments	1.64M	23.55M	18.09M	20M	-
Goodwill	167M	669M	664M	664M	664M
Other Intangibles, Total	180M	183M	158M	141M	126M
Accounts Receivable Long-Term	8.12M	52.11M	74.88M	67.1M	73.08M
Deferred Tax Assets Long-Term	-	36.35M	41.24M	35.74M	24.23M
Other Long-Term Assets, Total	30.31M	32.33M	5.63M	3.01M	4.52M
Total Assets	1.46B	2.22B	2.33B	2.28B	2.29B
Liabilities
Accounts Payable, Total	13.47M	25.44M	27.78M	27.88M	35.41M
Accrued Expenses, Total	45.8M	75.67M	93.23M	125M	143M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	148M	209M	62.08M	402M	149M
Current Portion of Leases	28.32M	67.95M	57.61M	54.32M	31.51M
Current Income Taxes Payable	28.87M	6.47M	2.11M	18.99M	4.96M
Unearned Revenue Current, Total	279M	287M	304M	305M	313M
Other Current Liabilities	103M	89.16M	16.91M	17.44M	19.86M
Total Current Liabilities	646M	761M	563M	950M	697M
Long-Term Debt	303M	533M	747M	350M	626M
Long-Term Leases	40.42M	83.21M	52.85M	62.74M	57.72M
Deferred Tax Liability Non Current	8.25M	-	-	-	99K
Other Non Current Liabilities	114M	118M	78.17M	60.99M	54.29M
Total Liabilities	1.11B	1.5B	1.44B	1.42B	1.44B
Common Stock, Total	98.4M	1.3B	1.48B	1.48B	1.48B
Additional Paid In Capital	72M	72M	72M	72M	72M
Retained Earnings	91.13M	242M	192M	160M	162M
Comprehensive Income and Other	72.67M	-901M	-867M	-858M	-862M
Total Common Equity	334M	716M	881M	858M	856M
Minority Interest	14.45M	4.47M	6.46M	2.57M	271K
Total Equity	349M	721M	887M	860M	856M
Total Liabilities And Equity	1.46B	2.22B	2.33B	2.28B	2.29B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	176M	244M	361M	361M	361M
ECS Total Common Shares Outstanding	176M	244M	361M	361M	361M
Book Value / Share	1.9	2.93	2.44	2.37	2.37
Tangible Book Value	-12.7M	-135M	59.16M	52.82M	65.58M
Tangible Book Value Per Share	-0.07	-0.55	0.16	0.15	0.18
Total Debt	520M	893M	919M	869M	865M
Net Debt	356M	749M	681M	711M	641M
Debt Equivalent Oper. Leases	202M	352M	557M	581M	612M
Minority Interest, Total (Incl. Fin. Div)	14.45M	4.47M	6.46M	2.57M	271K
Account Code - Inventory Valuation	3	-	3	3	3
Machinery, Total	191M	336M	345M	380M	380M
Full Time Employees	3.2K	5.05K	4.87K	4.66K	4.62K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	62.1M	180M	-50.2M	-23.11M	2.52M
Depreciation & Amortization - CF	39.01M	43.78M	67.18M	74.3M	79.86M
Amortization of Goodwill and Intangible Assets - (CF)	17.18M	20.11M	19.97M	18.72M	17.22M
Depreciation & Amortization, Total	56.19M	63.89M	87.15M	93.02M	97.08M
Amortization of Deferred Charges, Total - (CF)	775K	1.09M	956K	996K	8.01M
Asset Writedown & Restructuring Costs	-131K	24.77M	13.26M	13.72M	14.09M
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	174K	-1.48M	2.03M	-610K	-2.06M
Stock-Based Compensation (CF)	2.93M	5.31M	3.01M	528K	-1.72M
Provision and Write-off of Bad Debts	16.93M	28.96M	6.73M	21.87M	1.48M
Other Operating Activities, Total	-10.6M	-27.88M	-4.07M	-3.86M	11.55M
Change In Accounts Receivable	-34.16M	-225M	-67.16M	-63.89M	-23.16M
Change In Inventories	-3.23M	-17.25M	-	-	-
Change In Accounts Payable	-14.84M	11.97M	8.18M	9.84M	7.86M
Change in Unearned Revenues	94.55M	-39.52M	15.59M	951K	8.65M
Change In Income Taxes	-41.19M	-55.7M	-18.89M	8.98M	-7.43M
Change in Other Net Operating Assets	-20.86M	19.95M	13.25M	12.08M	1.78M
Cash from Operations	109M	-30.57M	9.83M	70.51M	119M
Capital Expenditure	-38.84M	-101M	-58.78M	-41.88M	-24.49M
Sale of Property, Plant, and Equipment	-	-	-	7.4M	4.21M
Cash Acquisitions	-63.93M	-1.5B	-	-	-1.58M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-13.64M	-2.45M	-1.44M	-3.54M	-4.54M
Investment in Marketable and Equity Securities, Total	-14.77M	-	-92.02M	-1.37M	-
Other Investing Activities, Total	-	108K	-	-	-
Cash from Investing	-131M	-1.61B	-152M	-39.38M	-26.39M
Long-Term Debt Issued, Total	454M	569M	955M	8.82M	814M
Total Debt Issued	454M	569M	955M	8.82M	814M
Long-Term Debt Repaid, Total	-297M	-263M	-936M	-120M	-831M
Total Debt Repaid	-297M	-263M	-936M	-120M	-831M
Issuance of Common Stock	1.24M	1.2B	225M	-	-
Common Dividends Paid	-10M	-34.74M	-	-	-
Common & Preferred Stock Dividends Paid	-10M	-34.74M	-	-	-
Other Financing Activities, Total	-31.11M	156M	-6.68M	-	-8.82M
Cash from Financing	116M	1.63B	237M	-112M	-26.17M
Net Change in Cash	93.84M	-5.5M	94.95M	-80.43M	66.11M
Supplemental Items
Cash Interest Paid	46M	47.5M	111M	127M	112M
Cash Income Tax Paid (Refund)	37.4M	1.06M	-8.53M	27.09M	9.28M
Levered Free Cash Flow	-118M	-16.83M	-35.08M	42.32M	89.85M
Unlevered Free Cash Flow	-78.65M	17.95M	30.72M	126M	161M
Change In Net Working Capital	129M	16.99M	61.62M	2.24M	-1.17M
Net Debt Issued / Repaid	156M	307M	19.03M	-112M	-17.35M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.33	3.71	2.7	3.44	4.04
Return on Total Capital	6.11	5.48	3.59	4.49	5.36
Return On Equity %	20.57	33.5	-6.38	-2.92	0.19
Return on Common Equity	23.26	34.35	-6.3	-2.66	0.29
Margin Analysis
Gross Profit Margin %	45.09	40.7	36.4	36.95	33.52
SG&A Margin	32.38	25.69	26.34	25.36	19.03
EBITDA Margin %	18.98	19.52	17.16	18.77	20.38
EBITA Margin %	16.49	18.06	13.05	14.49	16.04
EBIT Margin %	13.2	15.24	10.84	12.63	14.37
Income From Continuing Operations Margin %	11.27	25.08	-5.67	-2.54	0.16
Net Income Margin %	11.9	25.26	-5.54	-2.3	0.24
Net Avail. For Common Margin %	11.9	25.26	-5.54	-2.3	0.24
Normalized Net Income Margin	13.44	16.09	-2.91	0.61	1.27
Levered Free Cash Flow Margin	-22.63	-2.36	-3.87	4.2	8.72
Unlevered Free Cash Flow Margin	-15.07	2.51	3.39	12.55	15.68
Asset Turnover
Asset Turnover	0.4	0.39	0.4	0.44	0.45
Fixed Assets Turnover	2.26	2.39	2.42	2.56	2.71
Receivables Turnover (Average Receivables)	1.28	1.3	1.34	1.41	1.38
Short Term Liquidity
Current Ratio	1.3	1.12	1.74	1	1.49
Quick Ratio	0.93	1.05	1.65	0.99	1.48
Operating Cash Flow to Current Liabilities	0.17	-0.04	0.02	0.07	0.17
Days Sales Outstanding (Average Receivables)	286.91	279.71	271.41	259.17	266.15
Average Days Payable Outstanding	24.19	16.76	16.85	15.92	16.92
Long Term Solvency
Total Debt/Equity	149.11	123.85	103.6	101.01	101.02
Total Debt / Total Capital	59.86	55.33	50.88	50.25	50.25
LT Debt/Equity	98.49	85.43	90.11	47.98	79.89
Long-Term Debt / Total Capital	39.54	38.16	44.26	23.87	39.74
Total Liabilities / Total Assets	76.12	67.47	61.89	62.34	62.64
EBIT / Interest Expense	1.09	1.96	0.93	0.95	1.18
EBITDA / Interest Expense	1.98	3.11	1.76	1.64	1.96
(EBITDA - Capex) / Interest Expense	1.37	1.29	1.2	1.33	1.76
Total Debt / EBITDA	4.16	5.17	4.96	3.95	3.53
Net Debt / EBITDA	2.85	4.34	3.67	3.23	2.61
Total Debt / (EBITDA - Capex)	6.03	12.43	7.26	4.88	3.92
Net Debt / (EBITDA - Capex)	4.13	10.43	5.38	3.99	2.9
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-19.41	36.86	26.92	11.02	2.32
Gross Profit, 1 Yr. Growth %	-34.42	21.82	13.52	16.94	-7.19
EBITDA, 1 Yr. Growth %	-46.79	38.62	14.62	21.47	11.09
EBITA, 1 Yr. Growth %	-49.63	49.87	-5.09	23.26	13.33
EBIT, 1 Yr. Growth %	-55.49	58.07	-6.52	29.26	16.47
Earnings From Cont. Operations, 1 Yr. Growth %	-10.03	204.56	-129.18	-50.33	-106.46
Net Income, 1 Yr. Growth %	21.68	190.6	-128.3	-53.96	-110.9
Normalized Net Income, 1 Yr. Growth %	31.33	63.82	-123.47	-127.33	114.1
Diluted EPS Before Extra, 1 Yr. Growth %	21.46	116.81	-125.18	-66.15	-110.89
Accounts Receivable, 1 Yr. Growth %	15.06	50.07	5.21	6.79	2.91
Net Property, Plant and Equip., 1 Yr. Growth %	1.68	60.12	6.48	3.74	-10.29
Total Assets, 1 Yr. Growth %	29.75	52.1	4.86	-1.97	0.31
Tangible Book Value, 1 Yr. Growth %	-91.45	966.49	-145.99	-10.71	24.16
Common Equity, 1 Yr. Growth %	67.38	114.35	23.51	-2.63	-0.23
Cash From Operations, 1 Yr. Growth %	94.6	-128.14	-132.16	423.86	59.51
Capital Expenditures, 1 Yr. Growth %	-18.21	159.94	-41.78	-32.44	-41.52
Levered Free Cash Flow, 1 Yr. Growth %	1.2K	-85.68	8.04	-210.54	94.47
Unlevered Free Cash Flow, 1 Yr. Growth %	-724.41	-122.82	1.02K	359.07	27.83
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.58	5.02	31.79	18.7	6.58
Gross Profit, 2 Yr. CAGR %	15.99	-9.99	17.6	13.11	4.18
EBITDA, 2 Yr. CAGR %	6.15	-13.46	24.35	17.99	6.1
EBITA, 2 Yr. CAGR %	3.83	-13.12	17.22	8.16	29.64
EBIT, 2 Yr. CAGR %	2.17	-16.12	19.46	9.92	22.7
Earnings From Cont. Operations, 2 Yr. CAGR %	23.48	65.53	-6.55	-61.93	-82.09
Net Income, 2 Yr. CAGR %	37.32	88.04	-10.09	-63.9	-77.6
Normalized Net Income, 2 Yr. CAGR %	85.94	46.68	-38.63	-76.67	-29.52
Diluted EPS Before Extra, 2 Yr. CAGR %	34.17	62.28	-26.75	-70.81	-80.8
Accounts Receivable, 2 Yr. CAGR %	38.85	31.4	25.65	5.99	4.83
Net Property, Plant and Equip., 2 Yr. CAGR %	42.59	26.73	29.65	5.1	-3.53
Total Assets, 2 Yr. CAGR %	37.22	40.33	26.43	1.43	-0.84
Tangible Book Value, 2 Yr. CAGR %	-58.54	-4.49	115.79	-35.92	5.29
Common Equity, 2 Yr. CAGR %	32.3	89.41	62.36	9.67	-1.44
Cash From Operations, 2 Yr. CAGR %	51.1	-25.99	-69.91	51.86	196.92
Capital Expenditures, 2 Yr. CAGR %	-11.69	45.81	23.02	-35.6	-37.14
Levered Free Cash Flow, 2 Yr. CAGR %	132.57	36.2	-45.37	14.17	7.52
Unlevered Free Cash Flow, 2 Yr. CAGR %	119.15	19.36	-37.5	578.75	142.25
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	39.16	28.54	11.86	24.47	12.97
Gross Profit, 3 Yr. CAGR %	28.65	18.45	-2.75	15.94	5.89
EBITDA, 3 Yr. CAGR %	15.77	16.62	-5.81	23.38	15.64
EBITA, 3 Yr. CAGR %	8.29	17.34	-11.54	19.2	9.86
EBIT, 3 Yr. CAGR %	7.38	18.17	-14.04	22.64	12.06
Earnings From Cont. Operations, 3 Yr. CAGR %	13.08	66.83	-7.73	-24.3	-78.92
Net Income, 3 Yr. CAGR %	20.17	76.3	-0.55	-28.07	-75.79
Normalized Net Income, 3 Yr. CAGR %	32.65	78.25	-20.91	-55.62	-51.15
Diluted EPS Before Extra, 3 Yr. CAGR %	14.28	57.45	-13.3	-43.37	-78.98
Accounts Receivable, 3 Yr. CAGR %	51.14	42.49	22.02	19.02	4.96
Net Property, Plant and Equip., 3 Yr. CAGR %	67.07	47.53	19.02	20.36	-0.3
Total Assets, 3 Yr. CAGR %	51.63	41.9	27.43	16.18	1.05
Tangible Book Value, 3 Yr. CAGR %	-30.73	22.39	-26.43	60.8	-20.11
Common Equity, 3 Yr. CAGR %	26.57	55.39	64.02	36.92	6.26
Cash From Operations, 3 Yr. CAGR %	67.69	-13.71	-43.94	-13.42	57.15
Capital Expenditures, 3 Yr. CAGR %	4.94	26.56	7.37	2.54	-37.64
Levered Free Cash Flow, 3 Yr. CAGR %	-	-8.31	56.96	-28.86	40.39
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	3.1	34.61	17.11	289.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	36.16	24.51	9.72
Gross Profit, 5 Yr. CAGR %	-	-	24.46	16.28	-0.77
EBITDA, 5 Yr. CAGR %	-	-	19.5	16.54	2.43
EBITA, 5 Yr. CAGR %	-	-	11.78	12.8	-0.67
EBIT, 5 Yr. CAGR %	-	-	12.06	14	-0.89
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	4.77	-7.94	-52.1
Net Income, 5 Yr. CAGR %	-	-	7	-6.84	-45.22
Normalized Net Income, 5 Yr. CAGR %	-	-	-2.54	-21.29	-24.48
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-4.35	-20.04	-52.56
Accounts Receivable, 5 Yr. CAGR %	-	-	40.37	26.59	14.83
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	50.54	28.45	9.43
Total Assets, 5 Yr. CAGR %	-	-	40.93	24.12	15.29
Tangible Book Value, 5 Yr. CAGR %	-	-	9.13	-6.49	-15.08
Common Equity, 5 Yr. CAGR %	-	-	39.83	35.05	33.79
Cash From Operations, 5 Yr. CAGR %	-	-	-15.66	8.18	16.28
Capital Expenditures, 5 Yr. CAGR %	-	-	11.83	-3.41	-12.4
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	14.15	58.19
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	50.47	66.56