ADX:ADNOCLS Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5,016	3,549	2,755	1,952	1,191
Revenue Growth (YoY)	41.33%	28.82%	41.13%	63.96%	17.22%
Cost of Revenue	3,908	2,609	2,003	1,537	964.07
Gross Profit	1,108	940.55	751.93	415.11	226.57
Selling, General & Admin	206.69	144.2	149.03	108.08	174.96
Other Operating Expenses	-18.29	-13.91	-8.91	2.92	-1.27
Operating Expenses	197.99	127.64	142.79	116.88	168.13
Operating Income	909.89	812.91	609.14	298.23	58.44
Interest Expense	-74.15	-9.83	-7.89	-35.99	-7.32
Interest & Investment Income	18.96	15.59	9.79	3.72	1.64
Earnings From Equity Investments	37.39	14.2	14.07	2.03	1.06
Other Non Operating Income (Expenses)	-11.29	-5.53	-4.61	-0.01	-
EBT Excluding Unusual Items	880.8	827.34	620.49	267.97	53.82
Gain (Loss) on Sale of Investments	-0.48	-	-	-	-
Gain (Loss) on Sale of Assets	11.38	1.68	1.96	0.13	0.97
Other Unusual Items	29.92	-	-	-5.96	-
Pretax Income	921.63	829.02	622.44	262.14	54.8
Income Tax Expense	58.78	72.85	2.28	1.35	-
Earnings From Continuing Operations	862.85	756.17	620.16	260.79	54.8
Minority Interest in Earnings	-24.31	-	-	-	-
Net Income	838.54	756.17	620.16	260.79	54.8
Net Income to Common	838.54	756.17	620.16	260.79	54.8
Net Income Growth	10.89%	21.93%	137.80%	375.93%	-67.24%
Shares Outstanding (Basic)	7,393	7,398	7,398	1,000	1,000
Shares Outstanding (Diluted)	7,393	7,398	7,398	1,000	1,000
Shares Change (YoY)	-0.07%	-	639.85%	-	-
EPS (Basic)	0.11	0.10	0.08	0.26	0.05
EPS (Diluted)	0.11	0.10	0.08	0.26	0.05
EPS Growth	10.97%	21.93%	-67.86%	375.93%	-67.24%
Free Cash Flow	264.2	258.01	48.63	-140.27	-262.91
Free Cash Flow Per Share	0.04	0.04	0.01	-0.14	-0.26
Dividend Per Share	0.033	0.037	0.026	-	-
Dividend Growth	-10.77%	40.53%	-	-	-
Gross Margin	22.09%	26.50%	27.29%	21.26%	19.03%
Operating Margin	18.14%	22.90%	22.11%	15.28%	4.91%
Profit Margin	16.72%	21.30%	22.51%	13.36%	4.60%
Free Cash Flow Margin	5.27%	7.27%	1.76%	-7.18%	-22.08%
EBITDA	1,318	1,091	838.01	446.22	156.2
EBITDA Margin	26.27%	30.74%	30.42%	22.86%	13.12%
D&A For EBITDA	407.71	278.28	228.88	147.99	97.75
EBIT	909.89	812.91	609.14	298.23	58.44
EBIT Margin	18.14%	22.90%	22.11%	15.28%	4.91%
Effective Tax Rate	6.38%	8.79%	0.37%	0.52%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.