ADX:FCI 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	19.61	2.6	332.21	374.58	419.98	557.91
Revenue Growth (YoY)	-67.24%	-99.22%	-11.31%	-10.81%	-24.72%	8.92%
Cost of Revenue	56.48	98.39	408.22	441.61	416.4	539.94
Gross Profit	-36.88	-95.79	-76.01	-67.03	3.57	17.97
Selling, General & Admin	37.94	41.18	111.91	41.32	67.68	92.76
Operating Expenses	37.94	41.18	111.91	41.32	82.78	117.32
Operating Income	-74.81	-136.97	-187.92	-108.36	-79.2	-99.35
Interest Expense	-46.55	-46.36	-43.48	-30.08	-25.19	-33.04
Currency Exchange Gain (Loss)	-	-	0.01	0.5	0.03	-
Other Non Operating Income (Expenses)	0.92	2.07	2.06	2.87	1.62	1.82
EBT Excluding Unusual Items	-120.45	-181.26	-229.33	-135.07	-102.74	-130.56
Merger & Restructuring Charges	-	-	-	-9.46	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.06
Asset Writedown	-	-	-13.12	-	-	-
Other Unusual Items	-	-	0.39	-	-	-
Pretax Income	-120.45	-181.26	-242.06	-143.85	-102.74	-130.5
Earnings From Continuing Operations	-120.45	-181.26	-242.06	-143.85	-102.74	-130.5
Earnings From Discontinued Operations	-1.85	-1.99	-23.47	-	-	-
Net Income	-122.3	-183.25	-265.53	-143.85	-102.74	-130.5
Preferred Dividends & Other Adjustments	-0.03	-0.03	-	-	-	-
Net Income to Common	-122.27	-183.22	-265.53	-143.85	-102.74	-130.5
Shares Outstanding (Basic)	356	356	356	356	356	356
Shares Outstanding (Diluted)	356	356	356	356	356	356
EPS (Basic)	-0.34	-0.51	-0.75	-0.40	-0.29	-0.37
EPS (Diluted)	-0.34	-0.51	-0.75	-0.40	-0.29	-0.37
Free Cash Flow	-10.44	-15.19	80.99	1.66	38.21	132.3
Free Cash Flow Per Share	-0.03	-0.04	0.23	0.01	0.11	0.37
Gross Margin	-188.08%	-	-22.88%	-17.90%	0.85%	3.22%
Operating Margin	-381.59%	-5274.22%	-56.57%	-28.93%	-18.86%	-17.81%
Profit Margin	-623.64%	-7055.31%	-79.93%	-38.40%	-24.46%	-23.39%
Free Cash Flow Margin	-53.25%	-584.87%	24.38%	0.44%	9.10%	23.71%
EBITDA	-22.47	-83.72	-131.04	-52.15	-25.02	-45.68
EBITDA Margin	-114.61%	-	-39.44%	-13.92%	-5.96%	-8.19%
D&A For EBITDA	52.34	53.25	56.89	56.21	54.18	53.67
EBIT	-74.81	-136.97	-187.92	-108.36	-79.2	-99.35
EBIT Margin	-	-	-56.57%	-28.93%	-18.86%	-17.81%
Advertising Expenses	-	-	0.23	0.12	0.01	0.02

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.