ADX:GCEM 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
Operating Revenue	551.57	480.82	462.72	348.11	340.64
Other Revenue	13.58	12.58	-	-	-
Revenue	565.15	493.4	462.72	348.11	340.64
Revenue Growth (YoY)	14.54%	6.63%	32.92%	2.20%	-1.52%
Cost of Revenue	485.72	442.28	484.56	370.57	377.11
Gross Profit	79.43	51.12	-21.84	-22.46	-36.47
Selling, General & Admin	36.85	29.27	40.48	34.92	39.84
Other Operating Expenses	-1.23	-2.09	-12.11	-5.23	-3.93
Operating Expenses	92.99	85.37	28.25	30.8	35.69
Operating Income	-13.56	-34.24	-50.09	-53.26	-72.16
Interest Expense	-4.23	-10.1	-	-2.64	-2.23
Interest & Investment Income	4.93	4.62	4.1	-	11.21
Other Non Operating Income (Expenses)	-0.09	-1.72	-5.61	2.38	3.5
EBT Excluding Unusual Items	-12.96	-41.45	-51.59	-53.51	-59.68
Gain (Loss) on Sale of Investments	-	-	-	-0.89	-
Gain (Loss) on Sale of Assets	-	-	-	-	6.69
Pretax Income	-12.96	-41.45	-51.59	-54.4	-52.99
Income Tax Expense	-4.96	-	-	-	-
Net Income	-7.99	-41.45	-51.59	-54.4	-52.99
Net Income to Common	-7.99	-41.45	-51.59	-54.4	-52.99
Shares Outstanding (Basic)	411	411	411	411	411
Shares Outstanding (Diluted)	411	411	411	411	411
EPS (Basic)	-0.02	-0.10	-0.13	-0.13	-0.13
EPS (Diluted)	-0.02	-0.10	-0.13	-0.13	-0.13
Free Cash Flow	-54.97	17.77	-5.86	-99.63	36.75
Free Cash Flow Per Share	-0.13	0.04	-0.01	-0.24	0.09
Gross Margin	14.06%	10.36%	-4.72%	-6.45%	-10.71%
Operating Margin	-2.40%	-6.94%	-10.82%	-15.30%	-21.18%
Profit Margin	-1.41%	-8.40%	-11.15%	-15.63%	-15.56%
Free Cash Flow Margin	-9.73%	3.60%	-1.27%	-28.62%	10.79%
EBITDA	43.25	23.74	10.17	1.82	-27.21
EBITDA Margin	7.65%	4.81%	2.20%	0.52%	-7.99%
D&A For EBITDA	56.81	57.98	60.26	55.08	44.95
EBIT	-13.56	-34.24	-50.09	-53.26	-72.16
EBIT Margin	-2.40%	-6.94%	-10.82%	-15.30%	-21.18%
Advertising Expenses	-	-	-	0.08	0.13

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