ADX:ESG 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	1,771	1,273	609.36	357.43	352.58
Revenue Growth (YoY)	39.07%	108.99%	70.48%	1.38%	171.12%
Cost of Revenue	1,162	837.16	441.48	273.21	290.35
Gross Profit	608.73	436.32	167.87	84.23	62.23
Selling, General & Admin	294.61	257.77	85.65	36.5	31.37
Operating Expenses	294.61	257.77	85.65	36.5	31.37
Operating Income	314.12	178.55	82.23	47.73	30.86
Interest Expense	-14.4	-11.69	-3.22	-0.16	-0.61
Interest & Investment Income	6.3	10.14	8.51	2.92	0.98
Earnings From Equity Investments	49.08	36.84	28	10.74	3.16
Other Non Operating Income (Expenses)	22.47	17.28	3.03	1	6.59
EBT Excluding Unusual Items	377.56	231.12	118.55	62.22	40.99
Gain (Loss) on Sale of Investments	0.06	18.66	416.09	54.82	25
Gain (Loss) on Sale of Assets	0.27	-3.77	137.04	5.7	-
Asset Writedown	1.52	1.2	8.78	-	-
Other Unusual Items	5.7	0.31	0.83	-	-
Pretax Income	385.12	247.53	681.3	122.74	65.99
Income Tax Expense	43	16.64	-0.45	-	-
Earnings From Continuing Operations	342.12	230.88	681.75	122.74	65.99
Earnings From Discontinued Operations	-	-	3.42	29.75	-
Net Income to Company	342.12	230.88	685.16	152.48	65.99
Minority Interest in Earnings	-41.97	-5.72	-13.75	-4.28	-2.9
Net Income	300.15	225.16	671.42	148.21	63.09
Net Income to Common	300.15	225.16	671.42	148.21	63.09
Net Income Growth	33.30%	-66.47%	353.03%	134.91%	218.80%
Shares Outstanding (Basic)	250	250	250	250	250
Shares Outstanding (Diluted)	250	250	250	250	250
EPS (Basic)	1.20	0.90	2.69	0.59	0.25
EPS (Diluted)	1.20	0.90	2.69	0.59	0.25
EPS Growth	33.30%	-66.47%	353.03%	134.91%	218.80%
Free Cash Flow	295.24	0.95	-74.64	82.54	17.95
Free Cash Flow Per Share	1.18	0.00	-0.30	0.33	0.07
Gross Margin	34.37%	34.26%	27.55%	23.57%	17.65%
Operating Margin	17.74%	14.02%	13.49%	13.35%	8.75%
Profit Margin	16.95%	17.68%	110.19%	41.46%	17.89%
Free Cash Flow Margin	16.67%	0.07%	-12.25%	23.09%	5.09%
EBITDA	356.16	215.9	93.76	52.2	32.54
EBITDA Margin	20.11%	16.95%	15.39%	14.60%	9.23%
D&A For EBITDA	42.05	37.34	11.53	4.48	1.68
EBIT	314.12	178.55	82.23	47.73	30.86
EBIT Margin	17.74%	14.02%	13.49%	13.35%	8.75%
Effective Tax Rate	11.16%	6.72%	-	-	-
Advertising Expenses	13.55	19.66	4.68	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.