Foodco National Foodstuff PJSC (ADX:FNF)

ADX:FNF Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	65.68	46.45	49.88	39.14	62.88
Revenue Growth (YoY)	41.41%	-6.88%	27.45%	-37.76%	-74.29%
Cost of Revenue	60.19	44.67	45.76	37	58.62
Gross Profit	5.49	1.78	4.12	2.13	4.26
Selling, General & Admin	12.63	15.54	22.34	25.61	26.58
Operating Expenses	12.98	15.79	22.77	25.9	29.49
Operating Income	-7.49	-14.01	-18.66	-23.76	-25.23
Interest Expense	-0.47	-0.74	-0.41	-0.55	-0.4
Other Non Operating Income (Expenses)	0.16	0.17	0.21	3.52	0.17
EBT Excluding Unusual Items	-7.81	-14.59	-18.86	-20.79	-25.47
Pretax Income	-7.81	-14.59	-18.86	-20.79	-25.47
Earnings From Continuing Operations	-7.81	-14.59	-18.86	-20.79	-25.47
Net Income	-7.81	-14.59	-18.86	-20.79	-25.47
Net Income to Common	-7.81	-14.59	-18.86	-20.79	-25.47
Shares Outstanding (Basic)	280	280	280	280	280
Shares Outstanding (Diluted)	280	280	280	280	280
EPS (Basic)	-0.03	-0.05	-0.07	-0.07	-0.09
EPS (Diluted)	-0.03	-0.05	-0.07	-0.07	-0.09
Free Cash Flow	-43.94	6.75	0.06	-6.08	0.96
Free Cash Flow Per Share	-0.16	0.02	-	-0.02	0.00
Gross Margin	8.36%	3.82%	8.25%	5.46%	6.77%
Operating Margin	-11.41%	-30.17%	-37.41%	-60.71%	-40.13%
Profit Margin	-11.89%	-31.41%	-37.81%	-53.12%	-40.50%
Free Cash Flow Margin	-66.90%	14.53%	0.12%	-15.54%	1.52%
EBITDA	-5.06	-11.48	-16.07	-21.09	-21.99
EBITDA Margin	-7.70%	-24.73%	-32.22%	-53.90%	-34.98%
D&A For EBITDA	2.44	2.53	2.59	2.67	3.24
EBIT	-7.49	-14.01	-18.66	-23.76	-25.23
EBIT Margin	-11.41%	-30.17%	-37.41%	-60.71%	-40.13%
Advertising Expenses	0	1.36	2.42	1.49	0.46

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