ADX:ADSB 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	1,408	1,496	1,258	660.2	254.33
Revenue Growth (YoY)	-5.93%	18.98%	90.48%	159.58%	-0.18%
Cost of Revenue	1,280	1,330	1,133	580.83	225.22
Gross Profit	127.4	165.77	124.06	79.38	29.11
Selling, General & Admin	97.56	85.7	70.01	52.28	43.54
Operating Expenses	107.8	76.03	94.35	59.48	50.95
Operating Income	19.6	89.74	29.71	19.89	-21.83
Interest Expense	-8.24	-2.23	-3.06	-1.61	-5.46
Interest & Investment Income	3.7	5.76	12.58	0.56	-
Other Non Operating Income (Expenses)	17.8	-7.81	1.14	1.61	20.73
EBT Excluding Unusual Items	32.87	85.46	40.38	20.46	-6.56
Gain (Loss) on Sale of Assets	-	-	-	-	17.59
Pretax Income	32.87	85.46	40.38	20.46	11.03
Income Tax Expense	2.58	8.14	-	-	-
Earnings From Continuing Operations	30.29	77.32	40.38	20.46	11.03
Net Income	30.29	77.32	40.38	20.46	11.03
Net Income to Common	30.29	77.32	40.38	20.46	11.03
Net Income Growth	-60.83%	91.49%	97.39%	85.43%	-
Shares Outstanding (Basic)	212	212	212	212	212
Shares Outstanding (Diluted)	212	212	212	212	212
EPS (Basic)	0.14	0.36	0.19	0.10	0.05
EPS (Diluted)	0.14	0.36	0.19	0.10	0.05
EPS Growth	-60.83%	91.49%	97.39%	85.43%	-
Free Cash Flow	-191.08	-194.74	485.79	-505.56	1,013
Free Cash Flow Per Share	-0.90	-0.92	2.29	-2.38	4.78
Dividend Per Share	-	0.190	0.100	0.060	0.020
Dividend Growth	-	90.00%	66.67%	200.00%	-
Gross Margin	9.05%	11.08%	9.87%	12.02%	11.45%
Operating Margin	1.39%	6.00%	2.36%	3.01%	-8.58%
Profit Margin	2.15%	5.17%	3.21%	3.10%	4.34%
Free Cash Flow Margin	-13.58%	-13.01%	38.63%	-76.58%	398.42%
EBITDA	43.36	109.79	44.97	34.58	-4.05
EBITDA Margin	3.08%	7.34%	3.58%	5.24%	-1.59%
D&A For EBITDA	23.76	20.05	15.26	14.69	17.79
EBIT	19.6	89.74	29.71	19.89	-21.83
EBIT Margin	1.39%	6.00%	2.36%	3.01%	-8.58%
Effective Tax Rate	7.85%	9.52%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.