ADX:FBI Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	260.1	254.84	205.91	179.38	171.43	174.56
Revenue Growth (YoY)	19.73%	23.76%	14.79%	4.64%	-1.79%	-8.35%
Cost of Revenue	150.6	151.67	130.21	114.9	110.54	106.58
Gross Profit	109.5	103.17	75.7	64.48	60.89	67.98
Selling, General & Admin	65.17	65.08	52.13	48	44.42	42.67
Other Operating Expenses	-0.22	-0.52	-0.62	-0.8	-1.72	-2.3
Operating Expenses	64.96	64.56	51.51	47.32	42.23	40.6
Operating Income	44.54	38.61	24.19	17.17	18.66	27.38
Interest Expense	-2.38	-2.44	-2.67	-2.86	-3.31	-3.76
Interest & Investment Income	6.52	5.9	5.16	3.71	1.87	2.01
Other Non Operating Income (Expenses)	0.17	-	-	-	-	-
EBT Excluding Unusual Items	48.85	42.07	26.69	18.01	17.22	25.63
Gain (Loss) on Sale of Assets	-	-	-	-	0.11	-
Asset Writedown	-	-	-1.01	-	-	-
Pretax Income	49.28	42.5	25.68	18.01	17.34	25.63
Income Tax Expense	4.8	4.39	2.56	-	-	-
Earnings From Continuing Operations	44.48	38.1	23.12	18.01	17.34	25.63
Earnings From Discontinued Operations	-0	-0	-0	-0.04	-0.02	-0.02
Net Income	44.47	38.1	23.12	17.97	17.32	25.62
Net Income to Common	44.47	38.1	23.12	17.97	17.32	25.62
Net Income Growth	61.14%	64.82%	28.67%	3.76%	-32.40%	-36.29%
Shares Outstanding (Basic)	135	136	136	136	136	136
Shares Outstanding (Diluted)	135	136	136	136	136	136
EPS (Basic)	0.33	0.28	0.17	0.13	0.13	0.19
EPS (Diluted)	0.33	0.28	0.17	0.13	0.13	0.19
EPS Growth	61.52%	64.82%	28.67%	3.76%	-32.40%	-36.29%
Free Cash Flow	60.75	62.2	53.36	30.48	24.51	43.98
Free Cash Flow Per Share	0.45	0.46	0.39	0.22	0.18	0.32
Dividend Per Share	-	-	0.300	0.300	0.300	0.300
Gross Margin	42.10%	40.48%	36.76%	35.95%	35.52%	38.95%
Operating Margin	17.13%	15.15%	11.75%	9.57%	10.88%	15.69%
Profit Margin	17.10%	14.95%	11.23%	10.02%	10.10%	14.67%
Free Cash Flow Margin	23.36%	24.41%	25.91%	16.99%	14.30%	25.20%
EBITDA	62.73	58.59	45.28	38.17	39.12	49.44
EBITDA Margin	24.12%	22.99%	21.99%	21.28%	22.82%	28.32%
D&A For EBITDA	18.19	19.97	21.08	21	20.46	22.06
EBIT	44.54	38.61	24.19	17.17	18.66	27.38
EBIT Margin	17.13%	15.15%	11.75%	9.57%	10.88%	15.69%
Effective Tax Rate	9.74%	10.34%	9.96%	-	-	-
Advertising Expenses	-	1.05	0.85	0.45	0.5	0.21

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