Q1 2022 Financial Results
Key figures from Míla's operations
Key Figures
Q1
2022
2021 Change
%
Operating income.
2.128
2.136
(9)
-0,4%
Operating expenses.
(873)
(870)
(3)
0,3%
EBITDA
1.255
1.266
(12)
-0,9%
Depreciation........
(722)
(648)
(74)
11,4%
EBIT
533
618
(85)
-13,8%
Financial items.....
(290)
(155)
(135)
87,0%
Operating profit before taxes
243
463
(220)
-47,5%
Taxes.......
(50)
(94)
44
-46,7%
Profit
193
369
(176)
-47,7%
CAPEX.
629
602
27
4,5%
Míla
⚫ Míla operation is stable between periods
EBITDA similar YoY
The increase in depreciation is related to
Míla's acquisitions of assets from Síminn at
the beginning of 2021
• There was an increase in Míla's
indebtedness when the company's capital
structure was changed at the beginning of
Q2 2021
• Interest expenses increased as a result.View entire presentation