Abu Dhabi National Hotels Company PJSC (ADX: ADNH)

ADNH Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,443	1,631	1,460	1,082	874.15	1,404
Revenue Growth (YoY)	54.60%	11.73%	34.92%	23.78%	-37.73%	23.70%
Cost of Revenue	1,844	1,151	1,098	897.53	660.59	1,208
Gross Profit	599.42	479.87	362.19	184.48	213.56	196.23
Selling, General & Admin	127.42	64.86	60.83	57.68	44.1	52.31
Other Operating Expenses	12.55	1.65	-	-	-	-
Operating Expenses	100.82	27.35	61.72	65.3	319.12	67
Operating Income	498.6	452.52	300.47	119.18	-105.56	129.23
Interest Expense	-116.33	-121.46	-73.92	-46.28	-58.68	-91.65
Interest & Investment Income	1.09	2.4	6.93	6.98	6.03	14.61
Earnings From Equity Investments	979	135.93	151.2	158.51	139.92	151.03
Other Non Operating Income (Expenses)	5.44	39.54	6.09	11.36	33.16	-
EBT Excluding Unusual Items	1,368	508.92	390.76	249.76	14.86	203.21
Merger & Restructuring Charges	-	-	-	-	-	-70.54
Gain (Loss) on Sale of Investments	-	1.73	9	10.42	-	-
Gain (Loss) on Sale of Assets	65.85	12.9	16.06	12.53	6.22	8.19
Asset Writedown	-	-	-	-	-982	-
Other Unusual Items	-101.03	-101.03	-40	-	-41.94	112.18
Pretax Income	1,333	422.52	415.1	272.71	-1,003	253.05
Earnings From Continuing Operations	1,315	422.52	415.1	272.71	-1,003	253.05
Earnings From Discontinued Operations	-	-	-	-	282.68	-
Net Income to Company	1,315	422.52	415.1	272.71	-720.18	253.05
Minority Interest in Earnings	-0.26	-0.1	0.31	-	-	-
Net Income	1,314	422.42	415.4	272.71	-720.18	253.05
Net Income to Common	1,314	422.42	415.4	272.71	-720.18	253.05
Net Income Growth	218.58%	1.69%	52.32%	-	-	4.92%
Shares Outstanding (Basic)	12,600	12,600	12,600	12,600	12,600	12,600
Shares Outstanding (Diluted)	12,600	12,600	12,600	12,600	12,600	12,600
EPS (Basic)	0.10	0.03	0.03	0.02	-0.06	0.02
EPS (Diluted)	0.10	0.03	0.03	0.02	-0.06	0.02
EPS Growth	218.59%	1.69%	52.33%	-	-	4.92%
Free Cash Flow	504.43	427.42	240.02	321.88	-22.57	143.68
Free Cash Flow Per Share	0.04	0.03	0.02	0.03	-0.00	0.01
Dividend Per Share	0.019	0.019	0.016	0.016	0.006	0.011
Dividend Growth	19.50%	19.50%	0%	183.93%	-49.55%	7.77%
Gross Margin	24.54%	29.42%	24.81%	17.05%	24.43%	13.98%
Operating Margin	20.41%	27.74%	20.58%	11.01%	-12.08%	9.21%
Profit Margin	53.80%	25.90%	28.46%	25.20%	-82.39%	18.03%
Free Cash Flow Margin	20.65%	26.20%	16.44%	29.75%	-2.58%	10.24%
EBITDA	778.39	701.87	539.93	377.77	165.27	395.86
EBITDA Margin	31.86%	43.03%	36.99%	34.91%	18.91%	28.20%
D&A For EBITDA	279.79	249.35	239.46	258.59	270.83	266.63
EBIT	498.6	452.52	300.47	119.18	-105.56	129.23
EBIT Margin	20.41%	27.74%	20.58%	11.01%	-12.08%	9.21%

Source: S&P Capital IQ. Standard template. Financial Sources.