ADX:ARAM Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Rental Revenue	11.5	11.24	10.19	11.24	8.77	9.71
Other Revenue	0.29	0.29	0.41	-	-	-
Total Revenue	11.79	11.52	10.61	11.24	8.77	9.71
Revenue Growth (YoY	8.57%	8.67%	-5.62%	28.15%	-9.72%	-7.70%
Property Expenses	0.63	0.58	0.65	1.28	1.13	1.01
Selling, General & Administrative	5.61	5.41	7.05	7.37	7.88	2.1
Depreciation & Amortization	-	-	-	-	-	0.19
Other Operating Expenses	-	-	-	-0.28	-0.17	3.1
Total Operating Expenses	6.24	5.99	7.7	8.36	8.85	6.68
Operating Income	5.55	5.53	2.9	2.88	-0.08	3.04
Interest Expense	-1.57	-1.49	-2.11	-2.37	-1.71	-1.14
Interest & Investment Income	0.19	0.19	0.19	0.19	0.59	-
Other Non-Operating Income	0.04	-	-	-	-	0.07
EBT Excluding Unusual Items	4.21	4.24	0.98	0.7	-1.19	1.96
Gain (Loss) on Sale of Investments	0.16	0.16	0.54	0.27	-0.06	0.07
Gain (Loss) on Sale of Assets	-	-	-	-3.69	-	-
Asset Writedown	10.01	10.01	16.6	7.12	7.46	-30.48
Pretax Income	14.38	14.41	18.12	4.39	6.21	-28.45
Income Tax Expense	1.2	1.23	1.43	-	-	-
Earnings From Continuing Operations	13.18	13.17	16.7	4.39	6.21	-28.45
Earnings From Discontinued Operations	-	-	-	-	3.29	-
Net Income	13.18	13.17	16.7	4.39	9.5	-28.45
Net Income to Common	13.18	13.17	16.7	4.39	9.5	-28.45
Net Income Growth	-24.22%	-21.10%	280.02%	-53.74%	-	-
Basic Shares Outstanding	79	79	79	79	79	79
Diluted Shares Outstanding	79	79	79	79	79	79
EPS (Basic)	0.17	0.17	0.21	0.06	0.12	-0.36
EPS (Diluted)	0.17	0.17	0.21	0.06	0.12	-0.36
EPS Growth	-24.86%	-21.10%	280.03%	-53.74%	-	-
Operating Margin	47.11%	48.01%	27.38%	25.60%	-0.89%	31.26%
Profit Margin	111.75%	114.32%	157.44%	39.10%	108.31%	-292.92%
EBITDA	5.61	5.58	2.95	2.93	-0.01	3.1
EBITDA Margin	47.61%	48.41%	27.81%	26.06%	-0.07%	31.92%
D&A For Ebitda	0.06	0.05	0.05	0.05	0.07	0.06
EBIT	5.55	5.53	2.9	2.88	-0.08	3.04
EBIT Margin	47.11%	48.01%	27.38%	25.60%	-0.89%	31.26%
Effective Tax Rate	8.37%	8.55%	7.87%	-	-	-

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