Gulf Medical Projects Company (PJSC) (ADX:GMPC)

ADX:GMPC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	690.34	677.34	569.64	503.83	486.83	487.26
Revenue Growth (YoY)	14.92%	18.91%	13.06%	3.49%	-0.09%	-8.79%
Cost of Revenue	503.78	490.71	425.95	386.47	358.76	360.27
Gross Profit	186.56	186.63	143.69	117.37	128.07	126.99
Selling, General & Admin	80.07	77.19	67.01	62.08	61.79	61.44
Other Operating Expenses	6.34	6.34	6.76	4.9	4.29	4.1
Operating Expenses	119.05	114.36	96.62	95.32	98.71	94.37
Operating Income	67.51	72.27	47.07	22.05	29.36	32.62
Interest Expense	-0.15	-0.15	-0.2	-0.23	-0.85	-2.1
Interest & Investment Income	19.37	19.37	14	12.77	7.13	6.47
Other Non Operating Income (Expenses)	14.5	7.8	5.56	4.7	5.07	7.87
EBT Excluding Unusual Items	101.23	99.29	66.43	39.3	40.72	44.86
Gain (Loss) on Sale of Investments	1.21	-2.84	2.66	4.01	6.59	1.58
Gain (Loss) on Sale of Assets	-0.39	-0.39	0.15	0.29	0.03	0.32
Asset Writedown	13.09	13.09	5.99	-0.07	-3.33	-5.4
Pretax Income	115.15	109.15	75.23	43.52	44.01	41.37
Income Tax Expense	9.41	9.1	-	-	-	-
Earnings From Continuing Operations	105.74	100.05	75.23	43.52	44.01	41.37
Net Income to Company	105.74	100.05	75.23	43.52	44.01	41.37
Minority Interest in Earnings	-22.21	-22.16	-15.42	-6.92	-8.43	-6.82
Net Income	83.53	77.89	59.81	36.6	35.58	34.55
Net Income to Common	83.53	77.89	59.81	36.6	35.58	34.55
Net Income Growth	31.71%	30.23%	63.40%	2.87%	2.97%	-46.80%
Shares Outstanding (Basic)	699	699	699	699	699	699
Shares Outstanding (Diluted)	699	699	699	699	699	699
EPS (Basic)	0.12	0.11	0.09	0.05	0.05	0.05
EPS (Diluted)	0.12	0.11	0.09	0.05	0.05	0.05
EPS Growth	31.71%	30.23%	63.40%	2.87%	2.98%	-46.80%
Free Cash Flow	143.38	66.27	73.29	63.81	124.39	58.32
Free Cash Flow Per Share	0.20	0.10	0.10	0.09	0.18	0.08
Dividend Per Share	0.150	0.150	0.100	0.100	0.100	0.100
Dividend Growth	50.00%	50.00%	-	-	-	-
Gross Margin	27.02%	27.55%	25.22%	23.29%	26.31%	26.06%
Operating Margin	9.78%	10.67%	8.26%	4.38%	6.03%	6.69%
Profit Margin	12.10%	11.50%	10.50%	7.27%	7.31%	7.09%
Free Cash Flow Margin	20.77%	9.78%	12.87%	12.67%	25.55%	11.97%
EBITDA	93.76	97.95	71.55	46.33	54.04	59.81
EBITDA Margin	13.58%	14.46%	12.56%	9.20%	11.10%	12.27%
D&A For EBITDA	26.24	25.68	24.48	24.28	24.68	27.19
EBIT	67.51	72.27	47.07	22.05	29.36	32.62
EBIT Margin	9.78%	10.67%	8.26%	4.38%	6.03%	6.69%
Effective Tax Rate	8.17%	8.34%	-	-	-	-
Advertising Expenses	-	4.91	2.23	1.81	4.86	2.79

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