Abu Dhabi Aviation Co. Income Statement

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	7,521	7,116	6,722
Revenue Growth (YoY)	14.31%	5.86%	-
Cost of Revenue	6,178	6,193	6,341
Gross Profit	1,342	922.39	380.31
Selling, General & Admin	616.01	529.82	401.11
Operating Expenses	600.65	428.58	640.83
Operating Income	741.8	493.82	-260.53
Interest Expense	-58.28	-55.11	-33.11
Interest & Investment Income	137.97	97.37	76.7
Earnings From Equity Investments	86.94	68.9	-
Currency Exchange Gain (Loss)	1.16	1.16	-
Other Non Operating Income (Expenses)	76.37	77.52	44.82
EBT Excluding Unusual Items	985.95	683.66	-172.11
Gain (Loss) on Sale of Investments	43.49	43.49	-
Gain (Loss) on Sale of Assets	3.85	3.85	-
Asset Writedown	3.35	3.35	-0.08
Other Unusual Items	22.22	619.06	-0.09
Pretax Income	1,059	1,353	-172.28
Income Tax Expense	94.67	61.46	-
Earnings From Continuing Operations	964.2	1,292	-172.28
Minority Interest in Earnings	-229.46	-161.72	-
Net Income	734.73	1,130	-172.28
Net Income to Common	734.73	1,130	-172.28
Shares Outstanding (Basic)	1,098	950	652
Shares Outstanding (Diluted)	1,098	950	652
Shares Change (YoY)	51.07%	45.67%	-
EPS (Basic)	0.67	1.19	-0.26
EPS (Diluted)	0.67	1.19	-0.26
Free Cash Flow	2,684	1,813	-461
Free Cash Flow Per Share	2.44	1.91	-0.71
Dividend Per Share	0.300	0.300	-
Gross Margin	17.85%	12.96%	5.66%
Operating Margin	9.86%	6.94%	-3.88%
Profit Margin	9.77%	15.88%	-2.56%
Free Cash Flow Margin	35.69%	25.48%	-6.86%
EBITDA	833.82	561.13	-222.42
EBITDA Margin	11.09%	7.89%	-3.31%
D&A For EBITDA	92.02	67.32	38.11
EBIT	741.8	493.82	-260.53
EBIT Margin	9.86%	6.94%	-3.88%
Effective Tax Rate	8.94%	4.54%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.