Alef Education Holding Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	759	749.53	772.69	667.36
Revenue Growth (YoY)	1.26%	-3.00%	15.78%	-
Cost of Revenue	215.61	214.82	159.97	141.23
Gross Profit	543.39	534.71	612.73	526.13
Selling, General & Admin	26.7	42.17	50.27	46.35
Research & Development	-	-	83.03	80.53
Other Operating Expenses	4.51	3.62	3.65	3.73
Operating Expenses	64.44	79.79	175.75	166.87
Operating Income	478.96	454.91	436.98	359.26
Interest & Investment Income	12.73	8.7	0.17	-
EBT Excluding Unusual Items	491.68	463.61	437.15	359.26
Gain (Loss) on Sale of Investments	-	122.8	237.95	67.89
Pretax Income	491.68	586.41	675.1	427.15
Income Tax Expense	44.22	-	-	-
Net Income	447.46	586.41	675.1	427.15
Net Income to Common	447.46	586.41	675.1	427.15
Net Income Growth	-23.70%	-13.14%	58.05%	-
Shares Outstanding (Basic)	5,317	-	-	-
Shares Outstanding (Diluted)	5,317	-	-	-
EPS (Basic)	0.08	-	-	-
EPS (Diluted)	0.08	-	-	-
Free Cash Flow	332.77	476.35	493.29	249.61
Free Cash Flow Per Share	0.06	-	-	-
Gross Margin	71.59%	71.34%	79.30%	78.84%
Operating Margin	63.10%	60.69%	56.55%	53.83%
Profit Margin	58.95%	78.24%	87.37%	64.01%
Free Cash Flow Margin	43.84%	63.55%	63.84%	37.40%
EBITDA	504.01	486.01	473.02	392.69
EBITDA Margin	66.41%	64.84%	61.22%	58.84%
D&A For EBITDA	25.06	31.09	36.04	33.43
EBIT	478.96	454.91	436.98	359.26
EBIT Margin	63.10%	60.69%	56.55%	53.83%
Effective Tax Rate	8.99%	-	-	-
Revenue as Reported	759	749.53	772.69	667.36

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.