ADNOC Gas plc (ADX:ADNOCGAS)

ADNOC Gas Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021
Operating Revenue	19,065	17,905	17,038
Other Revenue	-	-	11
Revenue	19,065	17,905	17,049
Revenue Growth (YoY)	6.48%	5.02%	-
Cost of Revenue	11,434	11,124	10,161
Gross Profit	7,631	6,781	6,888
Selling, General & Admin	1,112	1,056	1,265
Other Operating Expenses	-1,112	-1,031	-185
Operating Expenses	1,216	1,126	2,194
Operating Income	6,415	5,655	4,694
Interest Expense	-180	-84.45	-52
Interest & Investment Income	127	95.44	-
Earnings From Equity Investments	251	155.88	318
EBT Excluding Unusual Items	6,613	5,822	4,960
Gain (Loss) on Sale of Assets	-	-	-2
Pretax Income	6,613	5,822	4,958
Income Tax Expense	1,612	1,102	1,358
Net Income	5,001	4,720	3,600
Net Income to Common	5,001	4,720	3,600
Net Income Growth	5.95%	31.11%	-
Shares Outstanding (Basic)	-	71,748	76,751
Shares Outstanding (Diluted)	-	71,748	76,751
Shares Change (YoY)	-	-6.52%	-
EPS (Basic)	-	0.07	0.05
EPS (Diluted)	-	0.07	0.05
EPS Growth	-	40.26%	-
Free Cash Flow	4,022	4,023	-
Free Cash Flow Per Share	-	0.06	-
Dividend Per Share	-	0.042	-
Gross Margin	40.03%	37.87%	40.40%
Operating Margin	33.65%	31.59%	27.53%
Profit Margin	26.23%	26.36%	21.12%
Free Cash Flow Margin	21.10%	22.47%	-
EBITDA	7,623	6,747	5,798
EBITDA Margin	39.98%	37.68%	34.01%
D&A For EBITDA	1,208	1,092	1,104
EBIT	6,415	5,655	4,694
EBIT Margin	33.65%	31.59%	27.53%
Effective Tax Rate	24.38%	18.93%	27.39%
Revenue as Reported	-	-	17,049

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