Alpha Dhabi Holding PJSC 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	78,775	63,396	45,416	40,050	18,669
Revenue Growth (YoY)	24.26%	39.59%	13.40%	114.52%	390.96%
Cost of Revenue	60,031	49,964	36,144	30,363	13,068
Gross Profit	18,744	13,432	9,271	9,687	5,601
Selling, General & Admin	3,644	2,914	3,055	4,168	966.49
Other Operating Expenses	177.23	67.82	434.27	372.1	408.17
Operating Expenses	4,777	3,810	4,196	5,166	1,375
Operating Income	13,966	9,622	5,075	4,521	4,227
Interest Expense	-2,239	-1,749	-1,126	-583.8	-108.36
Interest & Investment Income	1,316	1,582	891.94	490.64	161.27
Earnings From Equity Investments	-239.85	1,326	259.99	-367.91	9.3
Other Non Operating Income (Expenses)	460.17	408.83	1,285	2,277	874.93
EBT Excluding Unusual Items	13,263	11,190	6,386	6,337	5,164
Gain (Loss) on Sale of Investments	3,545	3,112	88.74	4,067	8.11
Gain (Loss) on Sale of Assets	44.82	140.32	7,455	272.02	1.53
Asset Writedown	-189.21	-260.24	-118.02	-	-
Other Unusual Items	71.18	-	100.08	-	-
Pretax Income	16,735	14,182	13,912	10,676	5,173
Income Tax Expense	1,703	668.03	630.86	68.53	6.09
Earnings From Continuing Operations	15,032	13,514	13,281	10,607	5,167
Minority Interest in Earnings	-7,018	-4,625	-2,601	-3,266	-1,986
Net Income	8,014	8,888	10,680	7,342	3,182
Preferred Dividends & Other Adjustments	103.29	103.29	103.29	51.65	-
Net Income to Common	7,911	8,785	10,577	7,290	3,182
Net Income Growth	-9.84%	-16.78%	45.48%	130.74%	1321.87%
Shares Outstanding (Basic)	10,000	10,000	10,000	10,000	7,135
Shares Outstanding (Diluted)	10,000	10,000	10,000	10,000	7,135
Shares Change (YoY)	-	-	-	40.15%	2777.88%
EPS (Basic)	0.79	0.88	1.06	0.73	0.45
EPS (Diluted)	0.79	0.88	1.06	0.73	0.45
EPS Growth	-9.95%	-16.94%	45.09%	63.48%	-50.59%
Free Cash Flow	6,857	7,220	3,292	10,179	7,404
Free Cash Flow Per Share	0.69	0.72	0.33	1.02	1.04
Dividend Per Share	-	0.200	-	-	-
Gross Margin	23.79%	21.19%	20.41%	24.19%	30.00%
Operating Margin	17.73%	15.18%	11.17%	11.29%	22.64%
Profit Margin	10.04%	13.86%	23.29%	18.20%	17.04%
Free Cash Flow Margin	8.71%	11.39%	7.25%	25.41%	39.66%
EBITDA	16,729	11,868	7,118	6,370	4,839
EBITDA Margin	21.24%	18.72%	15.67%	15.91%	25.92%
D&A For EBITDA	2,763	2,246	2,043	1,849	612.41
EBIT	13,966	9,622	5,075	4,521	4,227
EBIT Margin	17.73%	15.18%	11.17%	11.29%	22.64%
Effective Tax Rate	10.17%	4.71%	4.54%	0.64%	0.12%

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