Al Khaleej Investment P.J.S.C. (ADX:KICO)

ADX:KICO Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	16.97	16.87	17.91	16.89	19.27
Total Revenue	16.97	16.87	17.91	16.89	19.27
Revenue Growth (YoY	0.56%	-5.78%	6.05%	-12.34%	-16.38%
Property Expenses	3.56	3.52	4.29	4.81	3.2
Selling, General & Administrative	6.72	5.19	1.6	1.56	7.31
Depreciation & Amortization	-	-	0.16	0.2	-
Other Operating Expenses	-	-	2.91	2.36	-
Total Operating Expenses	12.2	8.7	9.9	8.98	10.5
Operating Income	4.77	8.17	8.01	7.9	8.76
Interest Expense	-0.03	-	-	-	-
Interest & Investment Income	2.44	2.86	1.43	0.33	1.25
Currency Exchange Gain (Loss)	-	-0.01	-0.07	-0.03	-0.06
Other Non-Operating Income	0.32	0.21	2.4	-0.07	0.2
EBT Excluding Unusual Items	7.5	11.23	11.77	8.14	10.15
Gain (Loss) on Sale of Investments	3.74	-8.24	-8.32	14.35	-5.28
Gain (Loss) on Sale of Assets	1.08	-0.25	0.91	-	-
Asset Writedown	0.16	-0.84	0.98	-10.22	-35.21
Pretax Income	12.47	1.9	5.35	12.27	-30.34
Income Tax Expense	1.2	-	-	-	-
Net Income	11.27	1.9	5.35	12.27	-30.34
Net Income to Common	11.27	1.9	5.35	12.27	-30.34
Net Income Growth	492.69%	-64.43%	-56.42%	-	-
Basic Shares Outstanding	105	105	105	105	105
Diluted Shares Outstanding	105	105	105	105	105
EPS (Basic)	0.11	0.02	0.05	0.12	-0.29
EPS (Diluted)	0.11	0.02	0.05	0.12	-0.29
EPS Growth	492.70%	-64.43%	-56.42%	-	-
Operating Margin	28.12%	48.42%	44.70%	46.80%	45.49%
Profit Margin	66.43%	11.27%	29.86%	72.66%	-157.48%
EBITDA	4.99	8.34	8.17	8.11	8.98
EBITDA Margin	29.38%	49.41%	45.60%	48.00%	46.59%
D&A For Ebitda	0.21	0.17	0.16	0.2	0.21
EBIT	4.77	8.17	8.01	7.9	8.76
EBIT Margin	28.12%	48.42%	44.70%	46.80%	45.49%
Effective Tax Rate	9.61%	-	-	-	-

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