ADX:ASM 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	1,348	1,281	1,232	1,112	620.76
Revenue Growth (YoY)	5.21%	4.00%	10.80%	79.14%	22.42%
Cost of Revenue	1,185	1,141	1,090	971.96	540.91
Gross Profit	163.25	140.36	142.23	140.06	79.85
Selling, General & Admin	42.14	41.4	32.39	42.31	24.22
Operating Expenses	45.84	43.5	35.55	43.69	25.44
Operating Income	117.41	96.86	106.68	96.38	54.41
Interest Expense	-76.6	-68.89	-56.35	-51.98	-
Interest & Investment Income	48.25	67.35	12.99	6.04	0.06
Earnings From Equity Investments	11.38	1.22	-0.64	-0.97	-
Currency Exchange Gain (Loss)	-	-	-	-2.12	-
Other Non Operating Income (Expenses)	5.51	2.74	-0.48	3.12	0.21
EBT Excluding Unusual Items	105.94	99.29	62.21	50.47	54.68
Gain (Loss) on Sale of Investments	-508.87	-1,573	-1,087	911.61	2,462
Gain (Loss) on Sale of Assets	102.62	0.17	-	46.76	0.08
Pretax Income	-300.3	-1,473	-1,025	1,009	2,516
Income Tax Expense	-7.64	3.71	-	-	-
Net Income	-292.66	-1,477	-1,025	1,009	2,516
Net Income to Common	-292.66	-1,477	-1,025	1,009	2,516
Net Income Growth	-	-	-	-59.91%	7313.32%
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	513
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	513
Shares Change (YoY)	-	-	-	94.77%	156.71%
EPS (Basic)	-0.29	-1.48	-1.03	1.01	4.90
EPS (Diluted)	-0.29	-1.48	-1.03	1.01	4.90
EPS Growth	-	-	-	-79.42%	2787.80%
Free Cash Flow	206.53	-502.48	67.04	-946.86	-71.36
Free Cash Flow Per Share	0.21	-0.50	0.07	-0.95	-0.14
Gross Margin	12.11%	10.95%	11.54%	12.60%	12.86%
Operating Margin	8.71%	7.56%	8.66%	8.67%	8.76%
Profit Margin	-21.71%	-115.27%	-83.20%	90.72%	405.36%
Free Cash Flow Margin	15.32%	-39.21%	5.44%	-85.15%	-11.50%
EBITDA	221.98	177.85	173.91	133.06	64.9
EBITDA Margin	16.46%	13.88%	14.12%	11.96%	10.46%
D&A For EBITDA	104.56	80.99	67.23	36.68	10.5
EBIT	117.41	96.86	106.68	96.38	54.41
EBIT Margin	8.71%	7.56%	8.66%	8.67%	8.76%

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