ADX:IHC Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	128,038	111,401	86,315	60,089	50,946	28,562
Revenue Growth	37.99%	29.06%	43.64%	17.95%	78.37%	305.34%
Cost of Revenue	94,040	82,278	66,039	47,135	38,421	18,332
Gross Profit	33,998	29,123	20,276	12,955	12,525	10,231
Selling, General & Admin	15,073	12,144	7,785	6,468	7,959	2,373
Operating Expenses	15,073	12,144	7,785	6,468	7,959	2,373
Operating Income	18,924	16,978	12,491	6,486	4,566	7,858
Interest Expense	-5,373	-4,757	-3,714	-2,246	-1,153	-163.3
Interest & Investment Income	4,367	4,128	4,052	1,928	840.49	203.76
Earnings From Equity Investments	201.13	32.67	1,673	13,233	238.74	672.19
Currency Exchange Gain (Loss)	88.26	88.26	-774.38	-57.4	-819.29	17.9
Other Non Operating Income (Expenses)	992.3	1,523	1,185	2,801	2,206	680.41
EBT Excluding Unusual Items	19,200	17,994	14,913	22,146	5,879	9,269
Merger & Restructuring Charges	-65	-65	-51.13	-39.03	-17.24	-
Gain (Loss) on Sale of Investments	27,272	10,320	3,352	2,497	25,058	2,306
Gain (Loss) on Sale of Assets	5,924	5,928	2,792	9,147	445.87	52.33
Asset Writedown	-204.5	-204.5	-311.68	-35.51	-889.5	-49.62
Other Unusual Items	328.63	459.92	921.52	94.32	2,184	12.66
Pretax Income	52,455	34,432	21,615	33,810	32,660	11,590
Income Tax Expense	2,695	2,024	888.16	855.93	88.87	12.62
Earnings From Continuing Operations	49,760	32,407	20,727	32,954	32,571	11,577
Earnings From Discontinued Operations	378.87	2,308	4,975	-	-	-
Net Income to Company	50,139	34,715	25,701	32,954	32,571	11,577
Minority Interest in Earnings	-15,968	-13,001	-9,936	-5,431	-19,919	-4,239
Net Income	34,170	21,715	15,766	27,523	12,653	7,339
Net Income to Common	34,170	21,715	15,766	27,523	12,653	7,339
Net Income Growth	141.57%	37.73%	-42.72%	117.53%	72.41%	155.80%
Shares Outstanding (Basic)	2,184	2,187	2,193	2,194	1,859	1,821
Shares Outstanding (Diluted)	2,184	2,187	2,193	2,194	1,859	1,821
Shares Change	-0.24%	-0.27%	-0.04%	17.99%	2.07%	-
EPS (Basic)	15.65	9.93	7.19	12.55	6.81	4.03
EPS (Diluted)	15.65	9.93	7.19	12.55	6.81	4.03
EPS Growth	142.15%	38.10%	-42.70%	84.37%	68.91%	155.80%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	6,768	13,834	6,083	3,019	10,918	11,754
Free Cash Flow Per Share	3.10	6.33	2.77	1.38	5.87	6.45
Gross Margin	26.55%	26.14%	23.49%	21.56%	24.59%	35.82%
Operating Margin	14.78%	15.24%	14.47%	10.79%	8.96%	27.51%
Profit Margin	26.69%	19.49%	18.27%	45.80%	24.83%	25.69%
Free Cash Flow Margin	5.29%	12.42%	7.05%	5.02%	21.43%	41.15%
EBITDA	24,063	21,942	16,381	9,313	6,973	8,678
EBITDA Margin	18.79%	19.70%	18.98%	15.50%	13.69%	30.38%
D&A For EBITDA	5,139	4,964	3,890	2,827	2,407	820.4
EBIT	18,924	16,978	12,491	6,486	4,566	7,858
EBIT Margin	14.78%	15.24%	14.47%	10.79%	8.96%	27.51%
Effective Tax Rate	5.14%	5.88%	4.11%	2.53%	0.27%	0.11%