Abu Dhabi National Hotels Company PJSC (ADX:ADNH)

ADX:ADNH Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,410	2,888	1,631	1,460	1,082	874.15
Revenue Growth (YoY)	39.59%	77.03%	11.73%	34.92%	23.78%	-37.73%
Cost of Revenue	2,624	2,252	1,151	1,098	897.53	660.59
Gross Profit	786.24	635.84	479.87	362.19	184.48	213.56
Selling, General & Admin	194.2	142.55	64.86	60.83	57.68	44.1
Amortization of Goodwill & Intangibles	30.67	30.67	-	-	-	-
Other Operating Expenses	10.01	14.89	-37.89	-	-	-
Operating Expenses	236.1	189.32	-12.19	61.72	65.3	319.12
Operating Income	550.14	446.52	492.06	300.47	119.18	-105.56
Interest Expense	-93.29	-114.02	-121.46	-73.92	-46.28	-58.68
Interest & Investment Income	3.4	4.48	2.4	6.93	6.98	6.03
Earnings From Equity Investments	48.49	961.96	135.93	151.2	158.51	139.92
Other Non Operating Income (Expenses)	47.72	-	-	6.09	11.36	33.16
EBT Excluding Unusual Items	556.46	1,299	508.92	390.76	249.76	14.86
Gain (Loss) on Sale of Investments	11.87	1.79	1.73	9	10.42	-
Gain (Loss) on Sale of Assets	4.14	67.06	12.9	16.06	12.53	6.22
Asset Writedown	-25.91	-	-	-	-	-982
Other Unusual Items	-	-	-101.03	-40	-	-41.94
Pretax Income	546.56	1,368	422.52	415.1	272.71	-1,003
Income Tax Expense	43.82	32.5	-	-	-	-
Earnings From Continuing Operations	502.74	1,335	422.52	415.1	272.71	-1,003
Earnings From Discontinued Operations	-	-	-	-	-	282.68
Net Income to Company	502.74	1,335	422.52	415.1	272.71	-720.18
Minority Interest in Earnings	-50.65	-8.19	-0.1	0.31	-	-
Net Income	452.09	1,327	422.42	415.4	272.71	-720.18
Preferred Dividends & Other Adjustments	0.46	0.46	-	-	-	-
Net Income to Common	451.62	1,327	422.42	415.4	272.71	-720.18
Net Income Growth	-65.60%	214.16%	1.69%	52.32%	-	-
Shares Outstanding (Basic)	12,152	12,600	12,600	12,600	12,600	12,600
Shares Outstanding (Diluted)	12,152	12,600	12,600	12,600	12,600	12,600
EPS (Basic)	0.04	0.11	0.03	0.03	0.02	-0.06
EPS (Diluted)	0.04	0.11	0.03	0.03	0.02	-0.06
EPS Growth	-62.81%	214.06%	1.69%	52.33%	-	-
Free Cash Flow	316.06	403.49	427.42	240.02	321.88	-22.57
Free Cash Flow Per Share	0.03	0.03	0.03	0.02	0.03	-0.00
Dividend Per Share	0.045	0.045	0.019	0.016	0.016	0.006
Dividend Growth	136.84%	136.84%	19.50%	-	183.93%	-49.55%
Gross Margin	23.06%	22.02%	29.42%	24.81%	17.05%	24.43%
Operating Margin	16.13%	15.46%	30.17%	20.58%	11.02%	-12.08%
Profit Margin	13.24%	45.94%	25.90%	28.46%	25.20%	-82.39%
Free Cash Flow Margin	9.27%	13.97%	26.20%	16.44%	29.75%	-2.58%
EBITDA	852.91	740.98	741.29	539.93	377.77	165.27
EBITDA Margin	25.01%	25.66%	45.45%	36.98%	34.91%	18.91%
D&A For EBITDA	302.77	294.46	249.22	239.46	258.59	270.83
EBIT	550.14	446.52	492.06	300.47	119.18	-105.56
EBIT Margin	16.13%	15.46%	30.17%	20.58%	11.02%	-12.08%
Effective Tax Rate	8.02%	2.38%	-	-	-	-

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