Ghitha Holding P.J.S.C 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
Revenue	5,580	4,916	4,561	2,279	545.62
Revenue Growth (YoY)	13.51%	7.77%	100.18%	317.61%	88.78%
Cost of Revenue	4,421	3,977	3,784	1,895	482.49
Gross Profit	1,159	938.42	776.92	383.32	63.13
Selling, General & Admin	800.27	662.26	518.68	200.85	34.95
Amortization of Goodwill & Intangibles	24.7	17.22	16.24	7.93	-
Other Operating Expenses	-39.16	-34.66	-22.15	-14.25	-
Operating Expenses	871.18	745.01	570.41	226.97	34.95
Operating Income	287.48	193.42	206.51	156.35	28.18
Interest Expense	-85.83	-74.64	-67.06	-11.18	-1.7
Interest & Investment Income	13.39	21.52	19.92	3.52	-
Earnings From Equity Investments	49.32	49.07	38.69	-21.52	-
Other Non Operating Income (Expenses)	-2.49	-2.99	-2.87	-2.21	1.3
EBT Excluding Unusual Items	261.87	186.39	195.18	124.97	27.79
Merger & Restructuring Charges	-7.12	-	-	-0.13	-
Gain (Loss) on Sale of Investments	-0.67	-23.42	-126.56	187.3	31.92
Gain (Loss) on Sale of Assets	-11.22	2,641	18.88	-	-
Asset Writedown	-	-	-	20.01	-
Other Unusual Items	0.57	71.8	-	-	-
Pretax Income	243.43	2,875	87.5	332.15	59.71
Income Tax Expense	30.77	14.63	31.9	-0.36	-
Earnings From Continuing Operations	212.66	2,861	55.6	332.5	59.71
Earnings From Discontinued Operations	-122.74	-188.09	-12.41	-	-
Net Income to Company	89.92	2,673	43.19	332.5	59.71
Minority Interest in Earnings	-53.41	-116.6	-12.86	-50.78	-2.09
Net Income	36.51	2,556	30.33	281.72	57.62
Net Income to Common	36.51	2,556	30.33	281.72	57.62
Net Income Growth	-98.57%	8327.75%	-89.23%	388.88%	368.68%
Shares Outstanding (Basic)	242	242	242	195	100
Shares Outstanding (Diluted)	242	242	242	195	100
Shares Change (YoY)	-	-	23.70%	95.31%	-
EPS (Basic)	0.15	10.58	0.13	1.44	0.58
EPS (Diluted)	0.15	10.58	0.13	1.44	0.58
EPS Growth	-98.57%	8327.75%	-91.30%	150.31%	368.68%
Free Cash Flow	167.6	214.14	232.41	55.24	37.46
Free Cash Flow Per Share	0.69	0.89	0.96	0.28	0.38
Gross Margin	20.76%	19.09%	17.03%	16.82%	11.57%
Operating Margin	5.15%	3.94%	4.53%	6.86%	5.17%
Profit Margin	0.65%	52.00%	0.66%	12.36%	10.56%
Free Cash Flow Margin	3.00%	4.36%	5.10%	2.42%	6.87%
EBITDA	542.9	405.36	372.84	232.98	35.43
EBITDA Margin	9.73%	8.25%	8.17%	10.22%	6.49%
D&A For EBITDA	255.41	211.94	166.33	76.62	7.25
EBIT	287.48	193.42	206.51	156.35	28.18
EBIT Margin	5.15%	3.94%	4.53%	6.86%	5.17%
Effective Tax Rate	12.64%	0.51%	36.45%	-	-
Advertising Expenses	-	-	18.53	7.61	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.