ADX:KICO 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	Mar '26 Mar 31, 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
Rental Revenue	7.5	9.38	16.97	16.87	17.91	16.89
Other Revenue	20.75	20.75	-	-	-	-
Total Revenue	28.25	30.13	16.97	16.87	17.91	16.89
Revenue Growth (YoY	78.84%	77.56%	0.56%	-5.78%	6.05%	-12.34%
Property Expenses	3.27	3.47	3.56	3.52	4.29	4.81
Selling, General & Administrative	24.57	21.26	7.95	5.19	1.6	1.56
Depreciation & Amortization	-	-	-	-	0.16	0.2
Other Operating Expenses	-	-	-	-	2.91	2.36
Total Operating Expenses	28.69	26.13	13.43	8.7	9.9	8.98
Operating Income	-0.44	4	3.54	8.17	8.01	7.9
Interest Expense	-1.72	-1.35	-0.03	-	-	-
Interest & Investment Income	2.16	2.16	2.44	2.86	1.43	0.33
Currency Exchange Gain (Loss)	-	-	-	-0.01	-0.07	-0.03
Other Non-Operating Income	-0.72	-0.18	0.32	0.21	2.4	-0.07
EBT Excluding Unusual Items	-0.71	4.63	6.26	11.23	11.77	8.14
Gain (Loss) on Sale of Investments	-0.61	-0.22	3.74	-8.24	-8.32	14.35
Gain (Loss) on Sale of Assets	0.6	0.6	1.08	-0.25	0.91	-
Asset Writedown	0.1	0.1	0.16	-0.84	0.98	-10.22
Pretax Income	-0.63	5.11	11.24	1.9	5.35	12.27
Income Tax Expense	0.46	0.46	1.2	-	-	-
Net Income	-1.1	4.65	10.04	1.9	5.35	12.27
Net Income to Common	-1.1	4.65	10.04	1.9	5.35	12.27
Net Income Growth	-	-53.73%	427.97%	-64.43%	-56.42%	-
Basic Shares Outstanding	-	105	105	105	105	105
Diluted Shares Outstanding	-	105	105	105	105	105
EPS (Basic)	-	0.04	0.10	0.02	0.05	0.12
EPS (Diluted)	-	0.04	0.10	0.02	0.05	0.12
EPS Growth	-	-53.73%	427.98%	-64.43%	-56.42%	-
Operating Margin	-1.56%	13.28%	20.86%	48.42%	44.70%	46.80%
Profit Margin	-3.88%	15.42%	59.18%	11.27%	29.86%	72.66%
EBITDA	0.66	4.92	3.94	8.34	8.17	8.11
EBITDA Margin	2.33%	16.34%	23.19%	49.41%	45.60%	48.00%
D&A For Ebitda	1.1	0.92	0.4	0.17	0.16	0.2
EBIT	-0.44	4	3.54	8.17	8.01	7.9
EBIT Margin	-1.56%	13.28%	20.86%	48.42%	44.70%	46.80%
Effective Tax Rate	-	9.06%	10.66%	-	-	-

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