ADX:ADPORTS Income Statement

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

Millions AED. 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	20,756	17,286	11,679	5,498	3,910
Revenue Growth (YoY)	20.07%	48.02%	112.42%	40.62%	14.19%
Cost of Revenue	15,691	12,344	8,574	2,865	2,011
Gross Profit	5,065	4,942	3,105	2,632	1,899
Selling, General & Admin	-	2,181	1,483	1,066	748.05
Operating Expenses	-	2,367	1,563	1,208	768.56
Operating Income	5,065	2,575	1,541	1,425	1,130
Interest Expense	-	-1,002	-660.67	-378.31	-316.67
Interest & Investment Income	-	311.61	31.24	15.12	0.63
Earnings From Equity Investments	-	110.59	144.45	164.84	29.25
Other Non Operating Income (Expenses)	-2,841	54.7	97.65	-8.27	-8.15
EBT Excluding Unusual Items	2,224	2,049	1,154	1,218	835.48
Merger & Restructuring Charges	-	-	-1.2	-1.9	-0.8
Gain (Loss) on Sale of Investments	-	-2.79	-104.16	-	-
Gain (Loss) on Sale of Assets	-	-4.57	-1.38	74.97	-7.15
Asset Writedown	-	-	363.5	-4.55	25.81
Pretax Income	2,224	2,042	1,411	1,286	853.34
Income Tax Expense	136	264.06	50.47	2.01	-
Earnings From Continuing Operations	2,088	1,778	1,360	1,284	853.34
Minority Interest in Earnings	-505	-447.88	-288.25	-36.07	-7.65
Net Income	1,583	1,330	1,072	1,248	845.69
Net Income to Common	1,583	1,330	1,072	1,248	845.69
Net Income Growth	19.01%	24.08%	-14.13%	47.61%	114.41%
Shares Outstanding (Basic)	4,947	4,941	5,088	4,960	3,840
Shares Outstanding (Diluted)	4,947	4,941	5,088	4,960	3,840
Shares Change (YoY)	0.12%	-2.89%	2.58%	29.16%	-
EPS (Basic)	0.32	0.27	0.21	0.25	0.22
EPS (Diluted)	0.32	0.27	0.21	0.25	0.22
EPS Growth	18.87%	27.77%	-16.29%	14.28%	114.41%
Free Cash Flow	-	921.9	-1,218	-3,574	-2,070
Free Cash Flow Per Share	-	0.19	-0.24	-0.72	-0.54
Gross Margin	24.40%	28.59%	26.58%	47.88%	48.57%
Operating Margin	24.40%	14.89%	13.20%	25.91%	28.91%
Profit Margin	7.63%	7.70%	9.18%	22.71%	21.63%
Free Cash Flow Margin	-	5.33%	-10.43%	-65.00%	-52.94%
EBITDA	6,646	4,010	2,564	2,267	1,643
EBITDA Margin	32.02%	23.20%	21.96%	41.23%	42.03%
D&A For EBITDA	1,581	1,436	1,023	842.21	512.78
EBIT	5,065	2,575	1,541	1,425	1,130
EBIT Margin	24.40%	14.89%	13.20%	25.91%	28.91%
Effective Tax Rate	6.12%	12.93%	3.58%	0.16%	-

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