Bayanat AI PLC (ADX: BAYANAT)

Bayanat AI Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,201	1,160	788.34	366.67	247.75
Revenue Growth (YoY)	52.43%	47.09%	115.00%	48.00%	-
Cost of Revenue	893.99	804.38	468.89	190.31	133.76
Gross Profit	307.35	355.22	319.45	176.35	113.99
Selling, General & Admin	154.18	142.6	74.11	74.97	40.65
Other Operating Expenses	-0.27	-0.43	38.02	-	-
Operating Expenses	160.22	148.95	119.06	79.91	43.11
Operating Income	147.13	206.27	200.4	96.44	70.88
Interest Expense	-0.8	-0.54	-2.77	-	-0.83
Interest & Investment Income	29.03	29.3	4.4	-	-
Currency Exchange Gain (Loss)	-0.6	-0.6	-	-	-
Other Non Operating Income (Expenses)	4.64	-2.05	0.27	-0.15	-0.02
Pretax Income	179.4	232.38	202.29	96.29	70.04
Net Income	177.51	232.38	202.29	96.29	70.04
Net Income to Common	177.51	232.38	202.29	96.29	70.04
Net Income Growth	5.03%	14.87%	110.09%	37.48%	-
Shares Outstanding (Basic)	2,571	2,571	2,095	2,000	200
Shares Outstanding (Diluted)	2,571	2,571	2,095	2,000	200
Shares Change (YoY)	7.99%	22.71%	4.77%	900.00%	-
EPS (Basic)	0.07	0.09	0.10	0.05	0.35
EPS (Diluted)	0.07	0.09	0.10	0.05	0.35
EPS Growth	-2.74%	-6.39%	100.52%	-86.25%	-
Free Cash Flow	-87.06	-77.97	98.74	-14.83	5.8
Free Cash Flow Per Share	-0.03	-0.03	0.05	-0.01	0.03
Gross Margin	25.58%	30.63%	40.52%	48.10%	46.01%
Operating Margin	12.25%	17.79%	25.42%	26.30%	28.61%
Profit Margin	14.78%	20.04%	25.66%	26.26%	28.27%
Free Cash Flow Margin	-7.25%	-6.72%	12.53%	-4.05%	2.34%
EBITDA	159.9	219.35	211.49	103.22	75.02
EBITDA Margin	13.31%	18.92%	26.83%	28.15%	30.28%
D&A For EBITDA	12.77	13.07	11.09	6.78	4.14
EBIT	147.13	206.27	200.4	96.44	70.88
EBIT Margin	12.25%	17.79%	25.42%	26.30%	28.61%

Source: S&P Capital IQ. Standard template. Financial Sources.