ADX:ADNOCDIST 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	36,257	35,897	35,454	34,629	32,111	20,921
Revenue Growth (YoY)	3.07%	1.25%	2.38%	7.84%	53.49%	29.69%
Cost of Revenue	29,312	29,163	29,433	29,000	26,636	16,258
Gross Profit	6,945	6,734	6,021	5,629	5,476	4,663
Selling, General & Admin	3,132	3,117	3,003	2,714	2,575	2,275
Other Operating Expenses	-74.81	-126.29	-103.94	-97.99	-97.88	-72.27
Operating Expenses	3,290	3,224	2,955	2,644	2,497	2,232
Operating Income	3,655	3,510	3,066	2,986	2,979	2,431
Interest Expense	-392.3	-402.95	-457.11	-432.76	-279.61	-184.56
Interest & Investment Income	69.4	71.27	143.89	98.83	54.7	7.69
EBT Excluding Unusual Items	3,332	3,178	2,753	2,652	2,754	2,254
Gain (Loss) on Sale of Assets	-1.71	-1.71	8.47	2.61	2.96	0.03
Asset Writedown	-3.51	-2.81	-5.75	-5.15	-8.08	-1.67
Pretax Income	3,327	3,174	2,756	2,649	2,749	2,252
Income Tax Expense	338.02	322.89	283.39	18.84	-	-
Earnings From Continuing Operations	2,989	2,851	2,472	2,630	2,749	2,252
Minority Interest in Earnings	-62.52	-57.04	-52.01	-29.07	-	-
Net Income	2,926	2,794	2,420	2,601	2,749	2,252
Net Income to Common	2,926	2,794	2,420	2,601	2,749	2,252
Net Income Growth	16.61%	15.44%	-6.96%	-5.35%	22.02%	-5.99%
Shares Outstanding (Basic)	12,497	12,498	12,500	12,500	12,500	12,500
Shares Outstanding (Diluted)	12,497	12,498	12,500	12,500	12,500	12,500
Shares Change (YoY)	-0.02%	-0.02%	-	-	-	-
EPS (Basic)	0.23	0.22	0.19	0.21	0.22	0.18
EPS (Diluted)	0.23	0.22	0.19	0.21	0.22	0.18
EPS Growth	16.63%	15.46%	-6.96%	-5.35%	22.02%	-5.99%
Free Cash Flow	2,864	2,741	2,815	4,051	3,444	2,274
Free Cash Flow Per Share	0.23	0.22	0.23	0.32	0.28	0.18
Dividend Per Share	0.206	0.206	0.206	0.206	0.206	0.206
Dividend Growth	-	-	-	-	-	-0.02%
Gross Margin	19.16%	18.76%	16.98%	16.26%	17.05%	22.29%
Operating Margin	10.08%	9.78%	8.65%	8.62%	9.28%	11.62%
Profit Margin	8.07%	7.78%	6.83%	7.51%	8.56%	10.77%
Free Cash Flow Margin	7.90%	7.64%	7.94%	11.70%	10.72%	10.87%
EBITDA	4,261	4,135	3,700	3,535	3,416	3,013
EBITDA Margin	11.75%	11.52%	10.44%	10.21%	10.64%	14.40%
D&A For EBITDA	606.48	624.62	633.91	549.63	437.96	582.12
EBIT	3,655	3,510	3,066	2,986	2,979	2,431
EBIT Margin	10.08%	9.78%	8.65%	8.62%	9.28%	11.62%
Effective Tax Rate	10.16%	10.17%	10.28%	0.71%	-	-

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