ADNOC Gas plc (ADX: ADNOCGAS)

ADNOC Gas Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2021
Operating Revenue	19,267	17,905	17,038
Other Revenue	-	-	11
Revenue	19,267	17,905	17,049
Revenue Growth (YoY)	13.01%	5.02%	-
Cost of Revenue	11,804	11,124	10,161
Gross Profit	7,463	6,781	6,888
Selling, General & Admin	1,225	1,056	1,265
Other Operating Expenses	-1,229	-1,031	-185
Operating Expenses	1,207	1,126	2,194
Operating Income	6,256	5,655	4,694
Interest Expense	-46.67	-84.45	-52
Interest & Investment Income	142.19	95.44	-
Earnings From Equity Investments	271.47	155.88	318
EBT Excluding Unusual Items	6,623	5,822	4,960
Gain (Loss) on Sale of Assets	-	-	-2
Pretax Income	6,623	5,822	4,958
Income Tax Expense	1,657	1,102	1,358
Net Income	4,966	4,720	3,600
Net Income to Common	4,966	4,720	3,600
Net Income Growth	37.94%	31.11%	-
Shares Outstanding (Basic)	76,663	71,748	76,751
Shares Outstanding (Diluted)	76,663	71,748	76,751
Shares Change (YoY)	-0.12%	-6.52%	-
EPS (Basic)	0.06	0.07	0.05
EPS (Diluted)	0.06	0.07	0.05
EPS Growth	38.10%	40.26%	-
Free Cash Flow	3,665	4,023	-
Free Cash Flow Per Share	0.05	0.06	-
Dividend Per Share	0.043	0.042	-
Gross Margin	38.73%	37.87%	40.40%
Operating Margin	32.47%	31.59%	27.53%
Profit Margin	25.77%	26.36%	21.12%
Free Cash Flow Margin	19.02%	22.47%	-
EBITDA	7,459	6,747	5,798
EBITDA Margin	38.71%	37.68%	34.01%
D&A For EBITDA	1,204	1,092	1,104
EBIT	6,256	5,655	4,694
EBIT Margin	32.47%	31.59%	27.53%
Effective Tax Rate	25.01%	18.93%	27.39%
Revenue as Reported	-	-	17,049

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