ADX:ADNOCLS Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,249	3,549	2,755	1,952	1,191	1,016
Revenue Growth (YoY)	29.92%	28.82%	41.13%	63.96%	17.22%	-
Cost of Revenue	3,269	2,609	2,003	1,537	964.07	798.87
Gross Profit	980.16	940.55	751.93	415.11	226.57	216.88
Selling, General & Admin	182.7	144.2	149.03	108.08	174.96	82.58
Other Operating Expenses	-46.34	-13.91	-8.91	2.92	-1.27	-
Operating Expenses	140.53	127.64	142.79	116.88	168.13	67.9
Operating Income	839.63	812.91	609.14	298.23	58.44	148.98
Interest Expense	-51.98	-9.83	-7.89	-35.99	-7.32	-2.8
Interest & Investment Income	15.59	15.59	9.79	3.72	1.64	4.44
Earnings From Equity Investments	23.1	14.2	14.07	2.03	1.06	-0.02
Other Non Operating Income (Expenses)	-3.45	-5.53	-4.61	-0.01	-	-0.06
EBT Excluding Unusual Items	822.9	827.34	620.49	267.97	53.82	150.54
Gain (Loss) on Sale of Assets	1.68	1.68	1.96	0.13	0.97	-0.72
Other Unusual Items	12.06	-	-	-5.96	-	17.45
Pretax Income	833.23	829.02	622.44	262.14	54.8	167.27
Income Tax Expense	58.06	72.85	2.28	1.35	-	-
Net Income	764.08	756.17	620.16	260.79	54.8	167.27
Net Income to Common	764.08	756.17	620.16	260.79	54.8	167.27
Net Income Growth	6.98%	21.93%	137.80%	375.93%	-67.24%	-
Shares Outstanding (Basic)	6,795	7,398	7,398	1,000	1,000	1,000
Shares Outstanding (Diluted)	6,795	7,398	7,398	1,000	1,000	1,000
Shares Change (YoY)	-11.90%	-	639.85%	-	-	-
EPS (Basic)	0.11	0.10	0.08	0.26	0.05	0.17
EPS (Diluted)	0.11	0.10	0.08	0.26	0.05	0.17
EPS Growth	21.43%	21.93%	-67.86%	375.93%	-67.24%	-
Free Cash Flow	-52.5	28.13	48.63	-140.27	-262.91	-275.94
Free Cash Flow Per Share	-0.01	0.00	0.01	-0.14	-0.26	-0.28
Dividend Per Share	0.037	0.037	0.026	-	-	-
Dividend Growth	110.24%	40.53%	-	-	-	-
Gross Margin	23.07%	26.50%	27.29%	21.26%	19.03%	21.35%
Operating Margin	19.76%	22.90%	22.11%	15.28%	4.91%	14.67%
Profit Margin	17.98%	21.30%	22.51%	13.36%	4.60%	16.47%
Free Cash Flow Margin	-1.24%	0.79%	1.76%	-7.18%	-22.08%	-27.17%
EBITDA	1,179	1,091	838.01	446.22	156.2	224.31
EBITDA Margin	27.76%	30.74%	30.42%	22.86%	13.12%	22.08%
D&A For EBITDA	339.61	278.28	228.88	147.99	97.75	75.33
EBIT	839.63	812.91	609.14	298.23	58.44	148.98
EBIT Margin	19.76%	22.90%	22.11%	15.28%	4.91%	14.67%
Effective Tax Rate	6.97%	8.79%	0.37%	0.52%	-	-

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.