ADX:EASYLEASE Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	679.81	455.74	298.55	226.05	148.34	87.71
Revenue Growth (YoY)	79.47%	52.65%	32.07%	52.38%	69.13%	65.40%
Cost of Revenue	503.87	323.67	217.58	154.45	97.92	53.74
Gross Profit	175.94	132.08	80.97	71.61	50.42	33.97
Selling, General & Admin	86.85	70.55	43.33	31.32	18.54	13.28
Amortization of Goodwill & Intangibles	1.81	3.32	3.22	0.83	0.1	-
Operating Expenses	92.01	78.32	49.56	36.12	22.29	15.38
Operating Income	83.93	53.76	31.41	35.49	28.13	18.59
Interest Expense	-21.42	-12.24	-3.37	-2.33	-1.66	-1.27
Interest & Investment Income	0.01	0.01	0.07	-	-	-
Earnings From Equity Investments	-	-	0.06	-0.54	-	-
Other Non Operating Income (Expenses)	3.74	5.68	5.65	2.54	1.46	3.3
EBT Excluding Unusual Items	66.26	47.21	33.82	35.15	27.94	20.61
Gain (Loss) on Sale of Investments	-0.79	-3.78	0.17	7.7	4.16	-
Gain (Loss) on Sale of Assets	2.05	2.05	3.94	3.25	4.56	3.01
Pretax Income	69.08	47.05	39.82	47.38	38.38	25.11
Income Tax Expense	6.57	4.32	3.74	-	-	-
Earnings From Continuing Operations	62.51	42.73	36.08	47.38	38.38	25.11
Minority Interest in Earnings	-15.45	-13.61	-5.03	-3.29	-1.32	-0.53
Net Income	47.07	29.11	31.04	44.09	37.06	24.57
Net Income to Common	47.07	29.11	31.04	44.09	37.06	24.57
Net Income Growth	64.22%	-6.22%	-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)	1.57	0.97	1.03	1.47	1.24	0.82
EPS (Diluted)	1.57	0.97	1.03	1.47	1.24	0.82
EPS Growth	64.22%	-6.22%	-29.59%	18.96%	50.82%	75.58%
Free Cash Flow	-59.41	-94.71	3.08	-9.68	7.65	4.43
Free Cash Flow Per Share	-1.98	-3.16	0.10	-0.32	0.26	0.15
Gross Margin	25.88%	28.98%	27.12%	31.68%	33.99%	38.73%
Operating Margin	12.35%	11.80%	10.52%	15.70%	18.96%	21.20%
Profit Margin	6.92%	6.39%	10.40%	19.50%	24.98%	28.02%
Free Cash Flow Margin	-8.74%	-20.78%	1.03%	-4.28%	5.16%	5.05%
EBITDA	143.25	97.04	65.12	59.69	43.17	30.89
EBITDA Margin	21.07%	21.29%	21.81%	26.40%	29.10%	35.22%
D&A For EBITDA	59.33	43.28	33.71	24.2	15.03	12.3
EBIT	83.93	53.76	31.41	35.49	28.13	18.59
EBIT Margin	12.35%	11.80%	10.52%	15.70%	18.96%	21.20%
Effective Tax Rate	9.51%	9.18%	9.39%	-	-	-

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