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	Sep '25 Sep 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	4,586	3,549	2,755	1,952	1,191	1,016
Revenue Growth (YoY)	31.17%	28.82%	41.13%	63.96%	17.22%	-
Cost of Revenue	3,551	2,609	2,003	1,537	964.07	798.87
Gross Profit	1,035	940.55	751.93	415.11	226.57	216.88
Selling, General & Admin	187.79	144.2	149.03	108.08	174.96	82.58
Other Operating Expenses	-40.3	-13.91	-8.91	2.92	-1.27	-
Operating Expenses	150.58	127.64	142.79	116.88	168.13	67.9
Operating Income	884.18	812.91	609.14	298.23	58.44	148.98
Interest Expense	-12.03	-9.83	-7.89	-35.99	-7.32	-2.8
Interest & Investment Income	19.27	15.59	9.79	3.72	1.64	4.44
Earnings From Equity Investments	31.73	14.2	14.07	2.03	1.06	-0.02
Other Non Operating Income (Expenses)	-62.61	-5.53	-4.61	-0.01	-	-0.06
EBT Excluding Unusual Items	860.55	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	870.89	829.02	622.44	262.14	54.8	167.27
Income Tax Expense	60.14	72.85	2.28	1.35	-	-
Net Income	794.53	756.17	620.16	260.79	54.8	167.27
Net Income to Common	794.53	756.17	620.16	260.79	54.8	167.27
Net Income Growth	7.15%	21.93%	137.80%	375.93%	-67.24%	-
Shares Outstanding (Basic)	7,395	7,398	7,398	1,000	1,000	1,000
Shares Outstanding (Diluted)	7,395	7,398	7,398	1,000	1,000	1,000
Shares Change (YoY)	-0.05%	-	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	7.20%	21.93%	-67.86%	375.93%	-67.24%	-
Free Cash Flow	-92.06	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	0.051	0.037	0.026	-	-	-
Dividend Growth	42.71%	40.53%	-	-	-	-
Gross Margin	22.56%	26.50%	27.29%	21.26%	19.03%	21.35%
Operating Margin	19.28%	22.90%	22.11%	15.28%	4.91%	14.67%
Profit Margin	17.33%	21.30%	22.51%	13.36%	4.60%	16.47%
Free Cash Flow Margin	-2.01%	0.79%	1.76%	-7.18%	-22.08%	-27.17%
EBITDA	1,259	1,091	838.01	446.22	156.2	224.31
EBITDA Margin	27.45%	30.74%	30.42%	22.86%	13.12%	22.08%
D&A For EBITDA	374.45	278.28	228.88	147.99	97.75	75.33
EBIT	884.18	812.91	609.14	298.23	58.44	148.98
EBIT Margin	19.28%	22.90%	22.11%	15.28%	4.91%	14.67%
Effective Tax Rate	6.91%	8.79%	0.37%	0.52%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.