Also trades as: MGEL3.SA (SAO)

R$6.39 ($1.22)

+0.39 (+6.50%)

Weekly Expected Move ±11.2%

R$5 R$6 R$6 R$7 R$8

SAO · Basic Materials · Steel · Tech Score Buy · Power 69 · R$164.9M mcap · 3M float · 0.112% daily turnover

Analysis Technicals Weather Peers

Revenue

$948M +2.2% ▲

5Y CAGR: +11.2%

Gross Profit

$113M -10.6% ▼

5Y CAGR: +3.9%

Operating Income

$59M -30.1% ▼

5Y CAGR: +11.6%

Net Income

-$42M -222.1% ▼

EPS (Diluted)

$-7.19 -222.1% ▼

EBITDA

$15M -89.2% ▼

5Y CAGR: -22.1%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$546M	$863M	$1.0B	$928M	$948M
YoY Growth	-1.8%	+57.9%	+17.9%	-8.8%	+2.2%
Cost of Revenue	$466M	$732M	$873M	$801M	$835M
Gross Profit	$81M	$131M	$144M	$127M	$113M
Gross Margin	14.8%	15.2%	14.1%	13.7%	12.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$34M	$44M	$37M	$48M	$48M
Operating Expenses	$2M	-$62M	$35M	$42M	$54M
Operating Income	$79M	$193M	$109M	$85M	$59M
Operating Margin	14.4%	22.4%	10.7%	9.2%	6.3%
Interest Expense	$32M	$36M	$61M	$69M	$64M
Income Before Tax	-$28M	$190M	$92M	$54M	-$65M
Tax Expense	$2M	$41M	-$167M	$18M	-$23M
Net Income	-$31M	$149M	$259M	$34M	-$42M
Net Margin	-5.7%	17.3%	25.4%	3.7%	-4.4%
EPS (Diluted)	$-5.36	$25.82	$44.74	$5.89	$-7.19
EBITDA	$22M	$246M	$173M	$144M	$15M
Shares Outstanding	6M	6M	6M	6M	6M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$260M	$231M	$245M	$268M	$288M	$262M	$266M	$314M
Cost of Revenue	$227M	$199M	$222M	$232M	$252M	$222M	$238M	$271M
Gross Profit	$33M	$32M	$23M	$36M	$36M	$40M	$28M	$44M
Gross Margin	12.6%	13.9%	9.4%	13.4%	12.6%	15.3%	10.5%	13.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$12M	$13M	$13M	$14M	$15M	$15M	$16M	$16M
Operating Expenses	$15M	$18M	$18M	$14M	$15M	$16M	$12M	$16M
Operating Income	$18M	$19M	$5M	$22M	$22M	$25M	$16M	$28M
Operating Margin	6.9%	8.3%	2.1%	8.1%	7.5%	9.4%	6.0%	8.9%
Interest Expense	$16M	$16M	$16M	$14M	$16M	$21M	$16M	$19M
Income Before Tax	$11M	-$37M	$14M	$21M	$14M	$3M	$6M	$15M
Tax Expense	$4M	-$13M	$5M	$8M	$4M	-$13M	$2M	$5M
Net Income	$8M	-$23M	$9M	$13M	$10M	$16M	$4M	$10M
Net Margin	2.9%	-10.0%	3.7%	4.7%	3.5%	6.1%	1.5%	3.2%
EPS (Diluted)	$1.30	$-4.01	$1.59	$2.19	$1.65	$2.77	$0.67	$1.75
EBITDA	$32M	-$15M	$35M	$28M	$36M	$30M	$22M	$34M
Shares Outstanding	6M	6M	6M	6M	6M	6M	6M	6M

MGEL4.SA SAO