ADX:JULPHAR Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,356	1,313	1,278	1,616	1,143	573
Revenue Growth (YoY)	68.48%	2.74%	-20.95%	41.37%	99.51%	90.05%
Cost of Revenue	799.4	793.4	852.4	1,058	759.8	387.9
Gross Profit	556.5	519.1	425.1	557.9	383.4	185.1
Selling, General & Admin	467	454.5	458.3	596.3	451.9	397
Other Operating Expenses	-9.6	-10.4	-8.7	-9.8	-110	-3.9
Operating Expenses	457.4	444.1	449.6	586.5	341.9	393.1
Operating Income	99.1	75	-24.5	-28.6	41.5	-208
Interest Expense	-40.2	-62.2	-56.3	-40.1	-23.7	-34
Interest & Investment Income	8.2	2.6	6	3.6	2.4	2.1
Earnings From Equity Investments	-	-	-	-	-31.4	6.1
Currency Exchange Gain (Loss)	0.7	0.7	-	0.2	-	-
EBT Excluding Unusual Items	67.8	16.1	-74.8	-64.9	-11.2	-233.8
Gain (Loss) on Sale of Investments	3.3	3.3	3.5	2	-5.5	-2
Asset Writedown	-1.5	-1.5	-	-	-	-37.7
Other Unusual Items	2.1	2.1	1.5	29.5	59.3	-
Pretax Income	71.7	20	-69.8	-33.4	42.6	-273.5
Income Tax Expense	8.8	3.7	6.1	2.8	1.1	-1.8
Earnings From Continuing Operations	62.9	16.3	-75.9	-36.2	41.5	-271.7
Earnings From Discontinued Operations	156.8	28.6	-22.6	4.5	17.9	-45.7
Net Income to Company	219.7	44.9	-98.5	-31.7	59.4	-317.4
Minority Interest in Earnings	-1.1	-0.3	-0.6	2.3	5	24.2
Net Income	218.6	44.6	-99.1	-29.4	64.4	-293.2
Net Income to Common	218.6	44.6	-99.1	-29.4	64.4	-293.2
Shares Outstanding (Basic)	1,155	1,155	1,155	1,155	1,155	1,058
Shares Outstanding (Diluted)	1,155	1,155	1,155	1,155	1,155	1,058
Shares Change (YoY)	-	-	-	-	9.21%	61.46%
EPS (Basic)	0.19	0.04	-0.09	-0.03	0.06	-0.28
EPS (Diluted)	0.19	0.04	-0.09	-0.03	0.06	-0.28
Free Cash Flow	150	201.3	71.5	-44.4	1.8	-184.3
Free Cash Flow Per Share	0.13	0.17	0.06	-0.04	0.00	-0.17
Gross Margin	41.04%	39.55%	33.28%	34.52%	33.54%	32.30%
Operating Margin	7.31%	5.71%	-1.92%	-1.77%	3.63%	-36.30%
Profit Margin	16.12%	3.40%	-7.76%	-1.82%	5.63%	-51.17%
Free Cash Flow Margin	11.06%	15.34%	5.60%	-2.75%	0.16%	-32.16%
EBITDA	154	167.2	74.9	66.5	128.5	-109.7
EBITDA Margin	11.36%	12.74%	5.86%	4.12%	11.24%	-19.14%
D&A For EBITDA	54.9	92.2	99.4	95.1	87	98.3
EBIT	99.1	75	-24.5	-28.6	41.5	-208
EBIT Margin	7.31%	5.71%	-1.92%	-1.77%	3.63%	-36.30%
Effective Tax Rate	12.27%	18.50%	-	-	2.58%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.