Alef Education Holding Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
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
Revenue	762.02	759	749.53	772.69	667.36
Revenue Growth (YoY)	1.56%	1.26%	-3.00%	15.78%	-
Cost of Revenue	217.47	215.61	214.82	159.97	141.23
Gross Profit	544.55	543.39	534.71	612.73	526.13
Selling, General & Admin	26.1	26.7	42.17	50.27	46.35
Research & Development	-	-	-	83.03	80.53
Other Operating Expenses	4.19	4.51	3.62	3.65	3.73
Operating Expenses	63.29	64.44	79.79	175.75	166.87
Operating Income	481.26	478.96	454.91	436.98	359.26
Interest & Investment Income	12.9	12.73	8.7	0.17	-
EBT Excluding Unusual Items	494.16	491.68	463.61	437.15	359.26
Gain (Loss) on Sale of Investments	-	-	122.8	237.95	67.89
Pretax Income	494.16	491.68	586.41	675.1	427.15
Income Tax Expense	44.45	44.22	-	-	-
Net Income	449.72	447.46	586.41	675.1	427.15
Net Income to Common	449.72	447.46	586.41	675.1	427.15
Net Income Growth	-8.85%	-23.70%	-13.14%	58.05%	-
Shares Outstanding (Basic)	7,006	5,317	-	-	-
Shares Outstanding (Diluted)	7,006	5,317	-	-	-
EPS (Basic)	0.06	0.08	-	-	-
EPS (Diluted)	0.06	0.08	-	-	-
Free Cash Flow	419.57	332.77	476.35	493.29	249.61
Free Cash Flow Per Share	0.06	0.06	-	-	-
Gross Margin	71.46%	71.59%	71.34%	79.30%	78.84%
Operating Margin	63.16%	63.10%	60.69%	56.55%	53.83%
Profit Margin	59.02%	58.95%	78.24%	87.37%	64.01%
Free Cash Flow Margin	55.06%	43.84%	63.55%	63.84%	37.40%
EBITDA	506.09	504.01	486.01	473.02	392.69
EBITDA Margin	66.41%	66.41%	64.84%	61.22%	58.84%
D&A For EBITDA	24.83	25.06	31.09	36.04	33.43
EBIT	481.26	478.96	454.91	436.98	359.26
EBIT Margin	63.16%	63.10%	60.69%	56.55%	53.83%
Effective Tax Rate	8.99%	8.99%	-	-	-
Revenue as Reported	762.02	759	749.53	772.69	667.36

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