Al Seer Marine Supplies and Equipment Company PJSC (ADX:ASM)

ADX:ASM Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,281	1,232	1,112	620.76	507.09
Revenue Growth (YoY)	4.00%	10.80%	79.14%	22.42%	-22.39%
Cost of Revenue	1,132	1,090	971.96	540.91	451.95
Gross Profit	149.63	142.23	140.06	79.85	55.14
Selling, General & Admin	41.4	32.39	42.31	24.22	19.91
Operating Expenses	43.5	35.55	43.69	25.44	21.8
Operating Income	106.12	106.68	96.38	54.41	33.34
Interest Expense	-68.89	-56.35	-51.98	-	-0.21
Interest & Investment Income	67.35	12.99	6.04	0.06	0.68
Earnings From Equity Investments	1.22	-0.64	-0.97	-	-
Currency Exchange Gain (Loss)	-	-	-2.12	-	-
Other Non Operating Income (Expenses)	2.74	-0.48	3.12	0.21	0
EBT Excluding Unusual Items	108.55	62.21	50.47	54.68	33.81
Gain (Loss) on Sale of Investments	-1,573	-1,087	911.61	2,462	-
Gain (Loss) on Sale of Assets	-1.42	-	46.76	0.08	0.13
Pretax Income	-1,466	-1,025	1,009	2,516	33.94
Income Tax Expense	3.71	-	-	-	-
Net Income	-1,469	-1,025	1,009	2,516	33.94
Net Income to Common	-1,469	-1,025	1,009	2,516	33.94
Net Income Growth	-	-	-59.91%	7313.32%	-35.93%
Shares Outstanding (Basic)	1,000	1,000	1,000	513	200
Shares Outstanding (Diluted)	1,000	1,000	1,000	513	200
Shares Change (YoY)	-	-	94.77%	156.71%	-
EPS (Basic)	-1.47	-1.03	1.01	4.90	0.17
EPS (Diluted)	-1.47	-1.03	1.01	4.90	0.17
EPS Growth	-	-	-79.42%	2787.80%	-
Free Cash Flow	-502.48	67.04	-946.86	-71.36	29.94
Free Cash Flow Per Share	-0.50	0.07	-0.95	-0.14	0.15
Gross Margin	11.68%	11.54%	12.60%	12.86%	10.87%
Operating Margin	8.28%	8.66%	8.67%	8.76%	6.57%
Profit Margin	-114.67%	-83.20%	90.72%	405.36%	6.69%
Free Cash Flow Margin	-39.21%	5.44%	-85.15%	-11.50%	5.91%
EBITDA	181.32	173.91	133.06	64.9	41.24
EBITDA Margin	14.15%	14.12%	11.96%	10.46%	8.13%
D&A For EBITDA	75.2	67.23	36.68	10.5	7.91
EBIT	106.12	106.68	96.38	54.41	33.34
EBIT Margin	8.28%	8.66%	8.67%	8.76%	6.57%

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.