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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	742.09	677.34	569.64	503.83	486.83	487.26
Revenue Growth (YoY)	14.00%	18.91%	13.06%	3.49%	-0.09%	-8.79%
Cost of Revenue	538.66	490.71	425.95	386.47	358.76	360.27
Gross Profit	203.42	186.63	143.69	117.37	128.07	126.99
Selling, General & Admin	93.02	77.19	67.01	62.08	61.79	61.44
Amortization of Goodwill & Intangibles	0	0	0	0	0	-
Other Operating Expenses	6.34	6.34	6.76	4.9	4.29	4.1
Operating Expenses	130.2	114.36	96.62	95.32	98.71	94.37
Operating Income	73.22	72.27	47.07	22.05	29.36	32.62
Interest Expense	-0.14	-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)	28.42	7.8	5.56	4.7	5.07	7.87
EBT Excluding Unusual Items	120.88	99.29	66.43	39.3	40.72	44.86
Gain (Loss) on Sale of Investments	15.86	-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	149.45	109.15	75.23	43.52	44.01	41.37
Income Tax Expense	11.4	9.1	-	-	-	-
Earnings From Continuing Operations	138.05	100.05	75.23	43.52	44.01	41.37
Net Income to Company	138.05	100.05	75.23	43.52	44.01	41.37
Minority Interest in Earnings	-26.52	-22.16	-15.42	-6.92	-8.43	-6.82
Net Income	111.53	77.89	59.81	36.6	35.58	34.55
Net Income to Common	111.53	77.89	59.81	36.6	35.58	34.55
Net Income Growth	71.63%	30.23%	63.40%	2.87%	2.97%	-46.80%
Shares Outstanding (Basic)	700	699	699	699	699	699
Shares Outstanding (Diluted)	700	699	699	699	699	699
EPS (Basic)	0.16	0.11	0.09	0.05	0.05	0.05
EPS (Diluted)	0.16	0.11	0.09	0.05	0.05	0.05
EPS Growth	71.23%	30.23%	63.40%	2.87%	2.98%	-46.80%
Free Cash Flow	98.61	66.27	73.29	63.81	124.39	58.32
Free Cash Flow Per Share	0.14	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	27.41%	27.55%	25.22%	23.29%	26.31%	26.06%
Operating Margin	9.87%	10.67%	8.26%	4.38%	6.03%	6.69%
Profit Margin	15.03%	11.50%	10.50%	7.27%	7.31%	7.09%
Free Cash Flow Margin	13.29%	9.78%	12.87%	12.67%	25.55%	11.97%
EBITDA	100.18	97.95	71.55	46.33	54.04	59.81
EBITDA Margin	13.50%	14.46%	12.56%	9.20%	11.10%	12.27%
D&A For EBITDA	26.96	25.68	24.48	24.28	24.68	27.19
EBIT	73.22	72.27	47.07	22.05	29.36	32.62
EBIT Margin	9.87%	10.67%	8.26%	4.38%	6.03%	6.69%
Effective Tax Rate	7.63%	8.34%	-	-	-	-
Advertising Expenses	-	4.91	2.23	1.81	4.86	2.79

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