ADX:ADNH Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,468	3,486	2,888	1,631	1,460	1,082
Revenue Growth (YoY)	4.63%	20.72%	77.03%	11.73%	34.92%	23.78%
Cost of Revenue	2,687	2,645	2,252	1,151	1,098	897.53
Gross Profit	780.99	841.37	635.84	479.87	362.19	184.48
Selling, General & Admin	152.54	162.84	142.55	64.86	60.83	57.68
Amortization of Goodwill & Intangibles	41.8	41.8	30.67	-	-	-
Other Operating Expenses	4.1	5.68	14.89	-37.89	-	-
Operating Expenses	200.59	212.47	189.32	-12.19	61.72	65.3
Operating Income	580.4	628.91	446.52	492.06	300.47	119.18
Interest Expense	-87.6	-90.52	-114.02	-121.46	-73.92	-46.28
Interest & Investment Income	21.51	21.8	4.48	2.4	6.93	6.98
Earnings From Equity Investments	42.74	48.55	961.96	135.93	151.2	158.51
Other Non Operating Income (Expenses)	-	-	-	-	6.09	11.36
EBT Excluding Unusual Items	557.05	608.74	1,299	508.92	390.76	249.76
Gain (Loss) on Sale of Investments	13.19	15.57	1.79	1.73	9	10.42
Gain (Loss) on Sale of Assets	-7.44	-8.56	67.06	12.9	16.06	12.53
Asset Writedown	577.54	577.54	-	-	-	-
Other Unusual Items	4.29	4.29	-	-101.03	-40	-
Pretax Income	1,145	1,198	1,368	422.52	415.1	272.71
Income Tax Expense	46.84	51.71	32.5	-	-	-
Earnings From Continuing Operations	1,098	1,146	1,335	422.52	415.1	272.71
Net Income to Company	1,098	1,146	1,335	422.52	415.1	272.71
Minority Interest in Earnings	-60.32	-61.74	-8.19	-0.1	0.31	-
Net Income	1,037	1,084	1,327	422.42	415.4	272.71
Net Income to Common	1,037	1,084	1,327	422.42	415.4	272.71
Net Income Growth	131.13%	-18.31%	214.16%	1.69%	52.32%	-
Shares Outstanding (Basic)	12,614	12,598	12,479	12,600	12,600	12,600
Shares Outstanding (Diluted)	12,614	12,598	12,479	12,600	12,600	12,600
Shares Change (YoY)	1.21%	0.95%	-0.96%	-	-	-
EPS (Basic)	0.08	0.09	0.11	0.03	0.03	0.02
EPS (Diluted)	0.08	0.09	0.11	0.03	0.03	0.02
EPS Growth	128.37%	-19.08%	217.21%	1.69%	52.33%	-
Free Cash Flow	359.67	547.49	403.49	427.42	240.02	321.88
Free Cash Flow Per Share	0.03	0.04	0.03	0.03	0.02	0.03
Dividend Per Share	0.030	0.030	0.045	0.019	0.016	0.016
Dividend Growth	-33.33%	-33.33%	136.84%	19.50%	-	183.93%
Gross Margin	22.52%	24.14%	22.02%	29.42%	24.81%	17.05%
Operating Margin	16.74%	18.04%	15.46%	30.17%	20.58%	11.02%
Profit Margin	29.92%	31.10%	45.96%	25.90%	28.46%	25.20%
Free Cash Flow Margin	10.37%	15.71%	13.97%	26.20%	16.44%	29.75%
EBITDA	897.09	931.45	741.26	741.29	539.93	377.77
EBITDA Margin	25.87%	26.72%	25.67%	45.45%	36.98%	34.91%
D&A For EBITDA	316.68	302.55	294.74	249.22	239.46	258.59
EBIT	580.4	628.91	446.52	492.06	300.47	119.18
EBIT Margin	16.74%	18.04%	15.46%	30.17%	20.58%	11.02%
Effective Tax Rate	4.09%	4.32%	2.38%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.