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	Sep '24 Sep 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	378.79	298.55	226.05	148.34	87.71	53.03
Revenue Growth (YoY)	34.46%	32.07%	52.38%	69.13%	65.40%	-
Cost of Revenue	265.66	217.58	154.45	97.92	53.74	29.02
Gross Profit	113.14	80.97	71.61	50.42	33.97	24.01
Selling, General & Admin	65.01	43.33	31.32	18.54	13.28	10.05
Operating Expenses	71.24	49.56	36.12	22.29	15.38	10.05
Operating Income	41.9	31.41	35.49	28.13	18.59	13.96
Interest Expense	-8.64	-3.37	-2.33	-1.66	-1.27	-1.65
Interest & Investment Income	0.07	0.07	-	-	-	-
Earnings From Equity Investments	0.03	0.06	-0.54	-	-	-
Other Non Operating Income (Expenses)	4.45	5.65	2.54	1.46	3.3	-0.03
EBT Excluding Unusual Items	37.8	33.82	35.15	27.94	20.61	12.28
Gain (Loss) on Sale of Investments	-3.58	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	40.05	39.82	47.38	38.38	25.11	14
Income Tax Expense	2.53	3.74	-	-	-	-
Earnings From Continuing Operations	37.52	36.08	47.38	38.38	25.11	14
Minority Interest in Earnings	-8.85	-5.03	-3.29	-1.32	-0.53	-
Net Income	28.66	31.04	44.09	37.06	24.57	14
Net Income to Common	28.66	31.04	44.09	37.06	24.57	14
Net Income Growth	-21.31%	-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)	0.96	1.03	1.47	1.24	0.82	0.47
EPS (Diluted)	0.96	1.03	1.47	1.24	0.82	0.47
EPS Growth	-21.31%	-29.59%	18.96%	50.82%	75.58%	-
Free Cash Flow	-83.95	3.08	-9.68	7.65	4.43	10.56
Free Cash Flow Per Share	-2.80	0.10	-0.32	0.26	0.15	0.35
Gross Margin	29.87%	27.12%	31.68%	33.99%	38.73%	45.28%
Operating Margin	11.06%	10.52%	15.70%	18.96%	21.20%	26.32%
Profit Margin	7.57%	10.40%	19.50%	24.98%	28.02%	26.39%
Free Cash Flow Margin	-22.16%	1.03%	-4.28%	5.16%	5.05%	19.92%
EBITDA	84.69	65.12	59.69	43.17	30.89	23.88
EBITDA Margin	22.36%	21.81%	26.40%	29.10%	35.22%	45.02%
D&A For EBITDA	42.79	33.71	24.2	15.03	12.3	9.92
EBIT	41.9	31.41	35.49	28.13	18.59	13.96
EBIT Margin	11.06%	10.52%	15.70%	18.96%	21.20%	26.32%
Effective Tax Rate	6.32%	9.39%	-	-	-	-

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