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	20,765	17,286	11,679	5,498	3,910
Revenue Growth (YoY)	20.13%	48.02%	112.42%	40.62%	14.19%
Cost of Revenue	15,136	12,344	8,574	2,865	2,011
Gross Profit	5,629	4,942	3,105	2,632	1,899
Selling, General & Admin	2,504	2,181	1,483	1,066	748.05
Operating Expenses	2,716	2,367	1,563	1,208	768.56
Operating Income	2,913	2,575	1,541	1,425	1,130
Interest Expense	-1,044	-1,010	-660.67	-378.31	-316.67
Interest & Investment Income	191.86	311.61	31.24	15.12	0.63
Earnings From Equity Investments	92.6	110.59	144.45	164.84	29.25
Other Non Operating Income (Expenses)	32.42	62.16	97.65	-8.27	-8.15
EBT Excluding Unusual Items	2,186	2,049	1,154	1,218	835.48
Merger & Restructuring Charges	-	-	-1.2	-1.9	-0.8
Gain (Loss) on Sale of Investments	6.97	-2.79	-104.16	-	-
Gain (Loss) on Sale of Assets	9.38	-4.57	-1.38	74.97	-7.15
Asset Writedown	39.99	-	363.5	-4.55	25.81
Other Unusual Items	32.17	-	-	-	-
Pretax Income	2,274	2,042	1,411	1,286	853.34
Income Tax Expense	203.06	264.06	50.47	2.01	-
Earnings From Continuing Operations	2,071	1,778	1,360	1,284	853.34
Minority Interest in Earnings	-505.23	-447.88	-288.25	-36.07	-7.65
Net Income	1,566	1,330	1,072	1,248	845.69
Net Income to Common	1,566	1,330	1,072	1,248	845.69
Net Income Growth	17.71%	24.08%	-14.13%	47.61%	114.41%
Shares Outstanding (Basic)	4,924	4,941	5,088	4,960	3,840
Shares Outstanding (Diluted)	4,924	4,941	5,088	4,960	3,840
Shares Change (YoY)	-0.34%	-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	18.12%	27.77%	-16.29%	14.28%	114.41%
Free Cash Flow	1,435	921.9	-1,218	-3,574	-2,070
Free Cash Flow Per Share	0.29	0.19	-0.24	-0.72	-0.54
Gross Margin	27.11%	28.59%	26.58%	47.88%	48.57%
Operating Margin	14.03%	14.89%	13.20%	25.91%	28.91%
Profit Margin	7.54%	7.70%	9.18%	22.71%	21.63%
Free Cash Flow Margin	6.91%	5.33%	-10.43%	-65.00%	-52.94%
EBITDA	4,534	4,010	2,564	2,267	1,643
EBITDA Margin	21.84%	23.20%	21.96%	41.23%	42.03%
D&A For EBITDA	1,621	1,436	1,023	842.21	512.78
EBIT	2,913	2,575	1,541	1,425	1,130
EBIT Margin	14.03%	14.89%	13.20%	25.91%	28.91%
Effective Tax Rate	8.93%	12.93%	3.58%	0.16%	-

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