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	Mar '25 Mar 31, 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	3,890	3,549	2,755	1,952	1,191	1,016
Revenue Growth (YoY)	29.54%	28.82%	41.13%	63.96%	17.22%	-
Cost of Revenue	2,961	2,609	2,003	1,537	964.07	798.87
Gross Profit	929.43	940.55	751.93	415.11	226.57	216.88
Selling, General & Admin	165.01	144.2	149.03	108.08	174.96	82.58
Other Operating Expenses	-38.53	-13.91	-8.91	2.92	-1.27	-
Operating Expenses	126.28	127.64	142.79	116.88	168.13	67.9
Operating Income	803.16	812.91	609.14	298.23	58.44	148.98
Interest Expense	-32.86	-9.83	-7.89	-35.99	-7.32	-2.8
Interest & Investment Income	17.08	15.59	9.79	3.72	1.64	4.44
Earnings From Equity Investments	18.79	14.2	14.07	2.03	1.06	-0.02
Other Non Operating Income (Expenses)	-4.65	-5.53	-4.61	-0.01	-	-0.06
EBT Excluding Unusual Items	801.51	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	811.85	829.02	622.44	262.14	54.8	167.27
Income Tax Expense	64.86	72.85	2.28	1.35	-	-
Net Income	742.97	756.17	620.16	260.79	54.8	167.27
Net Income to Common	742.97	756.17	620.16	260.79	54.8	167.27
Net Income Growth	11.06%	21.93%	137.80%	375.93%	-67.24%	-
Shares Outstanding (Basic)	7,398	7,398	7,398	1,000	1,000	1,000
Shares Outstanding (Diluted)	7,398	7,398	7,398	1,000	1,000	1,000
Shares Change (YoY)	-	-	639.85%	-	-	-
EPS (Basic)	0.10	0.10	0.08	0.26	0.05	0.17
EPS (Diluted)	0.10	0.10	0.08	0.26	0.05	0.17
EPS Growth	11.06%	21.93%	-67.86%	375.93%	-67.24%	-
Free Cash Flow	43.31	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	-	-	0.026	-	-	-
Gross Margin	23.89%	26.50%	27.29%	21.26%	19.03%	21.35%
Operating Margin	20.64%	22.90%	22.11%	15.28%	4.91%	14.67%
Profit Margin	19.10%	21.30%	22.51%	13.36%	4.60%	16.47%
Free Cash Flow Margin	1.11%	0.79%	1.76%	-7.18%	-22.08%	-27.17%
EBITDA	1,111	1,091	838.01	446.22	156.2	224.31
EBITDA Margin	28.55%	30.74%	30.42%	22.86%	13.12%	22.08%
D&A For EBITDA	307.57	278.28	228.88	147.99	97.75	75.33
EBIT	803.16	812.91	609.14	298.23	58.44	148.98
EBIT Margin	20.64%	22.90%	22.11%	15.28%	4.91%	14.67%
Effective Tax Rate	7.99%	8.79%	0.37%	0.52%	-	-

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