Eshraq Investments PJSC (ADX:ESHRAQ)

Eshraq Investments PJSC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	16.45	15.88	16.33	31.61	41.02	26.22
Revenue Growth (YoY)	1.44%	-2.74%	-48.34%	-22.93%	56.45%	44.98%
Cost of Revenue	5.02	4.99	4.7	11.16	15.86	12.83
Gross Profit	11.42	10.89	11.63	20.45	25.15	13.39
Selling, General & Admin	32.87	30.61	16.06	24.09	31.93	20.11
Operating Expenses	32.87	30.61	16.06	24.09	31.93	20.11
Operating Income	-21.44	-19.71	-4.44	-3.64	-6.78	-6.72
Interest Expense	-7.88	-8.23	-9.68	-15.33	-11.61	-6.36
Interest & Investment Income	7.85	5.36	3.89	6.16	15.02	25.94
Earnings From Equity Investments	-	-	-	-	0.38	0.88
Currency Exchange Gain (Loss)	-0	-0	-	-0.01	-0.02	-0.01
Other Non Operating Income (Expenses)	4.02	3.95	4.38	0.05	0.44	0.4
EBT Excluding Unusual Items	-17.47	-18.64	-5.84	-12.77	-2.57	14.13
Gain (Loss) on Sale of Investments	24.81	32.71	-567.19	-543.75	541.85	33.41
Gain (Loss) on Sale of Assets	76.42	43.3	-	10.46	-	-
Asset Writedown	9.7	9.7	8.07	0.96	50.51	-9.11
Pretax Income	93.47	67.07	-564.96	-545.1	589.79	38.43
Income Tax Expense	6.06	3.03	0.43	-	-	-
Net Income	87.41	64.04	-565.39	-545.1	589.79	38.43
Net Income to Common	87.41	64.04	-565.39	-545.1	589.79	38.43
Net Income Growth	-	-	-	-	1434.75%	-
Shares Outstanding (Basic)	2,670	2,685	2,685	2,715	1,959	1,413
Shares Outstanding (Diluted)	2,670	2,685	2,685	2,715	1,959	1,413
Shares Change (YoY)	-0.48%	-	-1.08%	38.59%	38.64%	-
EPS (Basic)	0.03	0.02	-0.21	-0.20	0.30	0.03
EPS (Diluted)	0.03	0.02	-0.21	-0.20	0.30	0.03
EPS Growth	-	-	-	-	1007.07%	-
Free Cash Flow	-485.54	-423.14	27.5	-29.54	26.68	-10.4
Free Cash Flow Per Share	-0.18	-0.16	0.01	-0.01	0.01	-0.01
Gross Margin	69.46%	68.59%	71.20%	64.69%	61.33%	51.08%
Operating Margin	-130.40%	-124.12%	-27.16%	-11.51%	-16.52%	-25.63%
Profit Margin	531.52%	403.20%	-3462.08%	-1724.35%	1437.99%	146.59%
Free Cash Flow Margin	-2952.51%	-2664.10%	168.40%	-93.44%	65.05%	-39.66%
EBITDA	-20.84	-19.1	-3.57	-2.75	-3.67	-3.11
EBITDA Margin	-126.75%	-120.23%	-21.85%	-8.68%	-8.94%	-11.86%
D&A For EBITDA	0.6	0.62	0.87	0.89	3.11	3.61
EBIT	-21.44	-19.71	-4.44	-3.64	-6.78	-6.72
EBIT Margin	-130.40%	-124.12%	-27.16%	-11.51%	-16.52%	-25.63%
Effective Tax Rate	6.49%	4.52%	-	-	-	-

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