Alef Education Holding plc (ADX: ALEFEDT)

Alef Education Holding Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	762.92	749.53	772.69	667.36
Revenue Growth (YoY)	-1.27%	-3.00%	15.78%	-
Cost of Revenue	22.24	24.11	23.08	20.71
Gross Profit	740.67	725.41	749.62	646.65
Selling, General & Admin	163.17	169.81	187.16	166.87
Research & Development	63.06	63.06	83.03	80.53
Other Operating Expenses	3.95	3.62	3.65	3.73
Operating Expenses	263.71	270.5	312.64	287.39
Operating Income	476.97	454.91	436.98	359.26
Interest & Investment Income	15.48	8.7	0.17	-
EBT Excluding Unusual Items	492.44	463.61	437.15	359.26
Gain (Loss) on Sale of Investments	-21.51	122.8	237.95	67.89
Pretax Income	470.93	586.41	675.1	427.15
Net Income	436.82	586.41	675.1	427.15
Net Income to Common	436.82	586.41	675.1	427.15
Net Income Growth	-35.30%	-13.14%	58.05%	-
Free Cash Flow	296.6	476.35	493.29	249.61
Gross Margin	97.08%	96.78%	97.01%	96.90%
Operating Margin	62.52%	60.69%	56.55%	53.83%
Profit Margin	57.26%	78.24%	87.37%	64.01%
Free Cash Flow Margin	38.88%	63.55%	63.84%	37.40%
EBITDA	507.58	486.01	473.02	392.69
EBITDA Margin	66.53%	64.84%	61.22%	58.84%
D&A For EBITDA	30.62	31.09	36.04	33.43
EBIT	476.97	454.91	436.98	359.26
EBIT Margin	62.52%	60.69%	56.55%	53.83%
Revenue as Reported	762.92	749.53	772.69	667.36

Source: S&P Capital IQ. Standard template. Financial Sources.