ADX:IHC 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	111,401	86,315	60,089	50,946	28,562
Revenue Growth (YoY)	29.06%	43.64%	17.95%	78.37%	305.34%
Cost of Revenue	82,278	66,039	47,135	38,421	18,332
Gross Profit	29,123	20,276	12,955	12,525	10,231
Selling, General & Admin	12,144	7,785	6,468	7,959	2,373
Operating Expenses	12,144	7,785	6,468	7,959	2,373
Operating Income	16,978	12,491	6,486	4,566	7,858
Interest Expense	-4,757	-3,714	-2,246	-1,153	-163.3
Interest & Investment Income	4,128	4,052	1,928	840.49	203.76
Earnings From Equity Investments	32.67	1,673	13,233	238.74	672.19
Currency Exchange Gain (Loss)	88.26	-774.38	-57.4	-819.29	17.9
Other Non Operating Income (Expenses)	1,523	1,185	2,801	2,206	680.41
EBT Excluding Unusual Items	17,994	14,913	22,146	5,879	9,269
Merger & Restructuring Charges	-65	-51.13	-39.03	-17.24	-
Gain (Loss) on Sale of Investments	10,320	3,352	2,497	25,058	2,306
Gain (Loss) on Sale of Assets	5,928	2,792	9,147	445.87	52.33
Asset Writedown	-204.5	-311.68	-35.51	-889.5	-49.62
Other Unusual Items	459.92	921.52	94.32	2,184	12.66
Pretax Income	34,432	21,615	33,810	32,660	11,590
Income Tax Expense	2,024	888.16	855.93	88.87	12.62
Earnings From Continuing Operations	32,407	20,727	32,954	32,571	11,577
Earnings From Discontinued Operations	2,308	4,975	-	-	-
Net Income to Company	34,715	25,701	32,954	32,571	11,577
Minority Interest in Earnings	-13,001	-9,936	-5,431	-19,919	-4,239
Net Income	21,715	15,766	27,523	12,653	7,339
Net Income to Common	21,715	15,766	27,523	12,653	7,339
Net Income Growth	37.73%	-42.72%	117.53%	72.41%	155.80%
Shares Outstanding (Basic)	2,187	2,193	2,194	1,859	1,821
Shares Outstanding (Diluted)	2,187	2,193	2,194	1,859	1,821
Shares Change (YoY)	-0.27%	-0.04%	17.99%	2.07%	-
EPS (Basic)	9.93	7.19	12.55	6.81	4.03
EPS (Diluted)	9.93	7.19	12.55	6.81	4.03
EPS Growth	38.10%	-42.70%	84.37%	68.91%	155.80%
Free Cash Flow	13,834	6,083	3,019	10,918	11,754
Free Cash Flow Per Share	6.33	2.77	1.38	5.87	6.45
Gross Margin	26.14%	23.49%	21.56%	24.59%	35.82%
Operating Margin	15.24%	14.47%	10.79%	8.96%	27.51%
Profit Margin	19.49%	18.27%	45.80%	24.83%	25.69%
Free Cash Flow Margin	12.42%	7.05%	5.02%	21.43%	41.15%
EBITDA	21,942	16,381	9,313	6,973	8,678
EBITDA Margin	19.70%	18.98%	15.50%	13.69%	30.38%
D&A For EBITDA	4,964	3,890	2,827	2,407	820.4
EBIT	16,978	12,491	6,486	4,566	7,858
EBIT Margin	15.24%	14.47%	10.79%	8.96%	27.51%
Effective Tax Rate	5.88%	4.11%	2.53%	0.27%	0.11%

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