ADX:DRIVE 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	770.49	512.93	355.64	339.42	260.09
Revenue Growth (YoY)	50.21%	44.23%	4.78%	30.50%	7.94%
Cost of Revenue	281.56	161.07	78.3	68.31	52.21
Gross Profit	488.93	351.86	277.35	271.11	207.88
Selling, General & Admin	136.81	79.54	63.66	54.65	53.13
Amortization of Goodwill & Intangibles	5.44	3.42	0.8	0.94	2.02
Operating Expenses	166.71	101.2	77.48	67.18	66.71
Operating Income	322.22	250.66	199.87	203.93	141.17
Interest Expense	-12.25	-5.33	-2.94	-2.95	-2.99
Interest & Investment Income	33.43	34.58	31.61	8.73	1.75
Earnings From Equity Investments	3.52	-	-	-	-
Other Non Operating Income (Expenses)	17.77	14.58	17.86	16.93	12.87
EBT Excluding Unusual Items	364.68	294.5	246.4	226.64	152.79
Gain (Loss) on Sale of Investments	6.98	15.8	5.15	14.97	12.77
Gain (Loss) on Sale of Assets	41.43	-	-	-	-
Asset Writedown	-	-	15.6	11.8	2.45
Other Unusual Items	-9.63	-	-	-	-
Pretax Income	403.46	310.3	267.15	253.41	168
Income Tax Expense	57.6	27.94	-	-	-
Earnings From Continuing Operations	345.86	282.36	267.15	253.41	168
Net Income to Company	345.86	282.36	267.15	253.41	168
Minority Interest in Earnings	-12.9	-5.15	-	-	-
Net Income	332.97	277.21	267.15	253.41	168
Net Income to Common	332.97	277.21	267.15	253.41	168
Net Income Growth	20.11%	3.77%	5.42%	50.83%	32.54%
Shares Outstanding (Basic)	1,077	1,077	1,077	1,077	1,077
Shares Outstanding (Diluted)	1,077	1,077	1,077	1,077	1,077
EPS (Basic)	0.31	0.26	0.25	0.24	0.16
EPS (Diluted)	0.31	0.26	0.25	0.24	0.16
EPS Growth	20.11%	3.77%	5.42%	50.83%	32.54%
Free Cash Flow	327.96	274.52	197.27	231.03	172.65
Free Cash Flow Per Share	0.30	0.26	0.18	0.21	0.16
Dividend Per Share	0.200	0.170	0.170	0.121	0.042
Dividend Growth	17.65%	-	40.73%	189.69%	-49.94%
Gross Margin	63.46%	68.60%	77.98%	79.88%	79.93%
Operating Margin	41.82%	48.87%	56.20%	60.08%	54.28%
Profit Margin	43.21%	54.05%	75.12%	74.66%	64.59%
Free Cash Flow Margin	42.57%	53.52%	55.47%	68.06%	66.38%
EBITDA	358.43	280.95	216.68	218.52	155.38
EBITDA Margin	46.52%	54.77%	60.92%	64.38%	59.74%
D&A For EBITDA	36.21	30.29	16.81	14.59	14.21
EBIT	322.22	250.66	199.87	203.93	141.17
EBIT Margin	41.82%	48.87%	56.20%	60.08%	54.28%
Effective Tax Rate	14.28%	9.00%	-	-	-
Advertising Expenses	9.52	2.59	1.64	1.72	0.56

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