International Holding Company PJSC (ADX:IHC)

ADX:IHC 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	100,588	92,658	60,089	50,946	28,562	7,047
Revenue Growth (YoY)	58.07%	54.20%	17.95%	78.37%	305.34%	459.66%
Cost of Revenue	75,822	70,543	47,135	38,421	18,332	4,565
Gross Profit	24,766	22,115	12,955	12,525	10,231	2,482
Selling, General & Admin	8,938	8,842	6,468	7,959	2,373	523.32
Operating Expenses	8,938	8,842	6,468	7,959	2,373	523.32
Operating Income	15,828	13,272	6,486	4,566	7,858	1,958
Interest Expense	-4,238	-3,995	-2,246	-1,153	-163.3	-42.78
Interest & Investment Income	4,513	4,306	1,928	840.49	203.76	201.51
Earnings From Equity Investments	1,058	1,634	13,233	238.74	672.19	948.25
Currency Exchange Gain (Loss)	-777.53	-777.53	-57.4	-819.29	17.9	-
Other Non Operating Income (Expenses)	1,259	1,259	2,801	2,206	680.41	-17.82
EBT Excluding Unusual Items	17,643	15,698	22,146	5,879	9,269	3,048
Merger & Restructuring Charges	-51.13	-51.13	-39.03	-17.24	-	-0.87
Impairment of Goodwill	-146.03	-146.03	-	-	-	-
Gain (Loss) on Sale of Investments	5,459	3,399	2,497	25,058	2,306	8.69
Gain (Loss) on Sale of Assets	157.06	2,798	9,147	445.87	52.33	3.3
Asset Writedown	-1,122	-1,122	-35.51	-889.5	-49.62	-50.32
Other Unusual Items	1,303	6,098	94.32	2,184	12.66	6.63
Pretax Income	23,242	26,674	33,810	32,660	11,590	3,015
Income Tax Expense	1,434	972.92	855.93	88.87	12.62	0.38
Earnings From Continuing Operations	21,808	25,701	32,954	32,571	11,577	3,015
Minority Interest in Earnings	-9,326	-9,936	-5,431	-19,919	-4,239	-145.68
Net Income	12,482	15,766	27,523	12,653	7,339	2,869
Net Income to Common	12,482	15,766	27,523	12,653	7,339	2,869
Net Income Growth	-57.93%	-42.72%	117.53%	72.41%	155.80%	467.48%
Shares Outstanding (Basic)	2,192	2,193	2,194	1,859	1,821	1,821
Shares Outstanding (Diluted)	2,192	2,193	2,194	1,859	1,821	1,821
Shares Change (YoY)	-0.06%	-0.01%	17.99%	2.07%	-	56.25%
EPS (Basic)	5.69	7.19	12.55	6.81	4.03	1.58
EPS (Diluted)	5.69	7.19	12.55	6.81	4.03	1.58
EPS Growth	-57.90%	-42.71%	84.37%	68.91%	155.80%	263.19%
Free Cash Flow	7,231	5,266	3,019	10,918	11,754	2,134
Free Cash Flow Per Share	3.30	2.40	1.38	5.87	6.45	1.17
Gross Margin	24.62%	23.87%	21.56%	24.59%	35.82%	35.22%
Operating Margin	15.74%	14.32%	10.79%	8.96%	27.51%	27.79%
Profit Margin	12.41%	17.02%	45.80%	24.83%	25.69%	40.71%
Free Cash Flow Margin	7.19%	5.68%	5.02%	21.43%	41.15%	30.29%
EBITDA	20,139	17,162	9,313	6,973	8,678	2,164
EBITDA Margin	20.02%	18.52%	15.50%	13.69%	30.38%	30.71%
D&A For EBITDA	4,311	3,890	2,827	2,407	820.4	205.68
EBIT	15,828	13,272	6,486	4,566	7,858	1,958
EBIT Margin	15.74%	14.32%	10.79%	8.96%	27.51%	27.79%
Effective Tax Rate	6.17%	3.65%	2.53%	0.27%	0.11%	0.01%

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