ADX:ADNH Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,486	2,888	1,631	1,460	1,082
Revenue Growth (YoY)	20.72%	77.03%	11.73%	34.92%	23.78%
Cost of Revenue	2,645	2,252	1,151	1,098	897.53
Gross Profit	841.37	635.84	479.87	362.19	184.48
Selling, General & Admin	162.84	142.55	64.86	60.83	57.68
Amortization of Goodwill & Intangibles	41.8	30.67	-	-	-
Other Operating Expenses	5.68	14.89	-37.89	-	-
Operating Expenses	212.47	189.32	-12.19	61.72	65.3
Operating Income	628.91	446.52	492.06	300.47	119.18
Interest Expense	-90.52	-114.02	-121.46	-73.92	-46.28
Interest & Investment Income	21.8	4.48	2.4	6.93	6.98
Earnings From Equity Investments	48.55	961.96	135.93	151.2	158.51
Other Non Operating Income (Expenses)	-	-	-	6.09	11.36
EBT Excluding Unusual Items	608.74	1,299	508.92	390.76	249.76
Gain (Loss) on Sale of Investments	15.57	1.79	1.73	9	10.42
Gain (Loss) on Sale of Assets	-8.56	67.06	12.9	16.06	12.53
Asset Writedown	577.54	-	-	-	-
Other Unusual Items	4.29	-	-101.03	-40	-
Pretax Income	1,198	1,368	422.52	415.1	272.71
Income Tax Expense	51.71	32.5	-	-	-
Earnings From Continuing Operations	1,146	1,335	422.52	415.1	272.71
Net Income to Company	1,146	1,335	422.52	415.1	272.71
Minority Interest in Earnings	-61.74	-8.19	-0.1	0.31	-
Net Income	1,084	1,327	422.42	415.4	272.71
Net Income to Common	1,084	1,327	422.42	415.4	272.71
Net Income Growth	-18.31%	214.16%	1.69%	52.32%	-
Shares Outstanding (Basic)	12,598	12,479	12,600	12,600	12,600
Shares Outstanding (Diluted)	12,598	12,479	12,600	12,600	12,600
Shares Change (YoY)	0.95%	-0.96%	-	-	-
EPS (Basic)	0.09	0.11	0.03	0.03	0.02
EPS (Diluted)	0.09	0.11	0.03	0.03	0.02
EPS Growth	-19.08%	217.21%	1.69%	52.33%	-
Free Cash Flow	547.49	403.49	427.42	240.02	321.88
Free Cash Flow Per Share	0.04	0.03	0.03	0.02	0.03
Dividend Per Share	0.030	0.045	0.019	0.016	0.016
Dividend Growth	-33.33%	136.84%	19.50%	-	183.93%
Gross Margin	24.14%	22.02%	29.42%	24.81%	17.05%
Operating Margin	18.04%	15.46%	30.17%	20.58%	11.02%
Profit Margin	31.10%	45.96%	25.90%	28.46%	25.20%
Free Cash Flow Margin	15.71%	13.97%	26.20%	16.44%	29.75%
EBITDA	931.45	741.26	741.29	539.93	377.77
EBITDA Margin	26.72%	25.67%	45.45%	36.98%	34.91%
D&A For EBITDA	302.55	294.74	249.22	239.46	258.59
EBIT	628.91	446.52	492.06	300.47	119.18
EBIT Margin	18.04%	15.46%	30.17%	20.58%	11.02%
Effective Tax Rate	4.32%	2.38%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.