EASYLEASE Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	348.9	298.55	226.05	148.34	87.71	53.03
Revenue Growth (YoY)	29.14%	32.07%	52.38%	69.13%	65.40%	-
Cost of Revenue	244.51	217.58	154.45	97.92	53.74	29.02
Gross Profit	104.39	80.97	71.61	50.42	33.97	24.01
Selling, General & Admin	56.97	43.33	31.32	18.54	13.28	10.05
Operating Expenses	63.2	49.56	36.12	22.29	15.38	10.05
Operating Income	41.19	31.41	35.49	28.13	18.59	13.96
Interest Expense	-6.38	-3.37	-2.33	-1.66	-1.27	-1.65
Interest & Investment Income	0.07	0.07	-	-	-	-
Earnings From Equity Investments	0.02	0.06	-0.54	-	-	-
Other Non Operating Income (Expenses)	5.77	5.65	2.54	1.46	3.3	-0.03
EBT Excluding Unusual Items	40.67	33.82	35.15	27.94	20.61	12.28
Gain (Loss) on Sale of Investments	-3.17	0.17	7.7	4.16	-	-
Gain (Loss) on Sale of Assets	3.94	3.94	3.25	4.56	3.01	0.51
Other Unusual Items	-	-	-	-	-	0.23
Pretax Income	43.33	39.82	47.38	38.38	25.11	14
Income Tax Expense	5.39	3.74	-	-	-	-
Earnings From Continuing Operations	37.94	36.08	47.38	38.38	25.11	14
Minority Interest in Earnings	-8.21	-5.03	-3.29	-1.32	-0.53	-
Net Income	29.73	31.04	44.09	37.06	24.57	14
Net Income to Common	29.73	31.04	44.09	37.06	24.57	14
Net Income Growth	-20.45%	-29.59%	18.96%	50.82%	75.58%	-
Shares Outstanding (Basic)	30	30	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30	30	30
EPS (Basic)	0.99	1.03	1.47	1.24	0.82	0.47
EPS (Diluted)	0.99	1.03	1.47	1.24	0.82	0.47
EPS Growth	-20.45%	-29.59%	18.96%	50.82%	75.58%	-
Free Cash Flow	-53.14	3.08	-9.68	7.65	4.43	10.56
Free Cash Flow Per Share	-1.77	0.10	-0.32	0.26	0.15	0.35
Gross Margin	29.92%	27.12%	31.68%	33.99%	38.73%	45.28%
Operating Margin	11.81%	10.52%	15.70%	18.96%	21.20%	26.32%
Profit Margin	8.52%	10.40%	19.50%	24.98%	28.02%	26.39%
Free Cash Flow Margin	-15.23%	1.03%	-4.28%	5.16%	5.05%	19.92%
EBITDA	79.9	65.12	59.69	43.17	30.89	23.88
EBITDA Margin	22.90%	21.81%	26.40%	29.10%	35.22%	45.02%
D&A For EBITDA	38.71	33.71	24.2	15.03	12.3	9.92
EBIT	41.19	31.41	35.49	28.13	18.59	13.96
EBIT Margin	11.81%	10.52%	15.70%	18.96%	21.20%	26.32%
Effective Tax Rate	12.45%	9.39%	-	-	-	-

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