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	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,399	1,281	1,232	1,112	620.76	507.09
Revenue Growth (YoY)	12.06%	4.00%	10.80%	79.14%	22.42%	-22.39%
Cost of Revenue	1,209	1,132	1,090	971.96	540.91	451.95
Gross Profit	189.47	149.63	142.23	140.06	79.85	55.14
Selling, General & Admin	53.01	41.4	32.39	42.31	24.22	19.91
Operating Expenses	55.04	43.5	35.55	43.69	25.44	21.8
Operating Income	134.43	106.12	106.68	96.38	54.41	33.34
Interest Expense	-75.81	-68.89	-56.35	-51.98	-	-0.21
Interest & Investment Income	74.58	67.35	12.99	6.04	0.06	0.68
Earnings From Equity Investments	12.64	1.22	-0.64	-0.97	-	-
Currency Exchange Gain (Loss)	-	-	-	-2.12	-	-
Other Non Operating Income (Expenses)	3.12	2.74	-0.48	3.12	0.21	0
EBT Excluding Unusual Items	148.97	108.55	62.21	50.47	54.68	33.81
Gain (Loss) on Sale of Investments	-197.43	-1,573	-1,087	911.61	2,462	-
Gain (Loss) on Sale of Assets	101.21	-1.42	-	46.76	0.08	0.13
Pretax Income	52.74	-1,466	-1,025	1,009	2,516	33.94
Income Tax Expense	135.78	3.71	-	-	-	-
Net Income	-83.04	-1,469	-1,025	1,009	2,516	33.94
Net Income to Common	-83.04	-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	1,000	513	200
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	513	200
Shares Change (YoY)	-	-	-	94.77%	156.71%	-
EPS (Basic)	-0.08	-1.47	-1.03	1.01	4.90	0.17
EPS (Diluted)	-0.08	-1.47	-1.03	1.01	4.90	0.17
EPS Growth	-	-	-	-79.42%	2787.80%	-
Free Cash Flow	-148.89	-502.48	67.04	-946.86	-71.36	29.94
Free Cash Flow Per Share	-0.15	-0.50	0.07	-0.95	-0.14	0.15
Gross Margin	13.55%	11.68%	11.54%	12.60%	12.86%	10.87%
Operating Margin	9.61%	8.28%	8.66%	8.67%	8.76%	6.57%
Profit Margin	-5.94%	-114.67%	-83.20%	90.72%	405.36%	6.69%
Free Cash Flow Margin	-10.64%	-39.21%	5.44%	-85.15%	-11.50%	5.91%
EBITDA	214.41	181.32	173.91	133.06	64.9	41.24
EBITDA Margin	15.33%	14.15%	14.12%	11.96%	10.46%	8.13%
D&A For EBITDA	79.98	75.2	67.23	36.68	10.5	7.91
EBIT	134.43	106.12	106.68	96.38	54.41	33.34
EBIT Margin	9.61%	8.28%	8.66%	8.67%	8.76%	6.57%

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