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	16,528	17,038
Other Revenue	-	-	11
Revenue	19,065	16,528	17,049
Revenue Growth (YoY)	15.35%	-3.06%	-
Cost of Revenue	11,497	10,268	10,161
Gross Profit	7,568	6,260	6,888
Selling, General & Admin	1,119	908.15	1,265
Other Operating Expenses	-1,030	-884.36	-185
Operating Expenses	1,306	1,039	2,194
Operating Income	6,262	5,220	4,694
Interest Expense	-28.09	-77.96	-52
Interest & Investment Income	127.13	88.1	-
Earnings From Equity Investments	250.53	143.88	318
EBT Excluding Unusual Items	6,612	5,374	4,960
Gain (Loss) on Sale of Assets	-	-	-2
Pretax Income	6,612	5,374	4,958
Income Tax Expense	1,611	1,017	1,358
Net Income	5,001	4,357	3,600
Net Income to Common	5,001	4,357	3,600
Net Income Growth	14.79%	21.03%	-
Shares Outstanding (Basic)	76,751	71,748	76,751
Shares Outstanding (Diluted)	76,751	71,748	76,751
Shares Change (YoY)	6.97%	-6.52%	-
EPS (Basic)	0.07	0.06	0.05
EPS (Diluted)	0.07	0.06	0.05
EPS Growth	7.30%	29.47%	-
Free Cash Flow	3,939	3,714	-
Free Cash Flow Per Share	0.05	0.05	-
Dividend Per Share	0.044	0.039	-
Dividend Growth	13.76%	-	-
Gross Margin	39.70%	37.87%	40.40%
Operating Margin	32.85%	31.59%	27.53%
Profit Margin	26.23%	26.36%	21.12%
Free Cash Flow Margin	20.66%	22.47%	-
EBITDA	7,470	6,228	5,798
EBITDA Margin	39.18%	37.68%	34.01%
D&A For EBITDA	1,208	1,008	1,104
EBIT	6,262	5,220	4,694
EBIT Margin	32.85%	31.59%	27.53%
Effective Tax Rate	24.36%	18.93%	27.39%
Revenue as Reported	-	-	17,049

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