ADX:NCTH 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	2,230	2,183	1,145
Revenue Growth (YoY)	56.87%	90.64%	-
Cost of Revenue	1,390	1,360	685.35
Gross Profit	840.65	822.15	459.49
Selling, General & Admin	449.34	437.27	268.58
Amortization of Goodwill & Intangibles	24.26	24.26	0.44
Operating Expenses	476.69	464.28	269.78
Operating Income	363.95	357.87	189.71
Interest Expense	-43.31	-48.48	-23.33
Interest & Investment Income	25.04	25.04	10.3
Earnings From Equity Investments	9.59	4.12	-
Other Non Operating Income (Expenses)	9.9	7.13	-6.09
EBT Excluding Unusual Items	365.17	345.67	170.59
Gain (Loss) on Sale of Investments	-4.83	1.11	7.21
Other Unusual Items	-	97.01	-
Pretax Income	360.33	443.8	177.8
Income Tax Expense	43.54	42.82	20.85
Net Income	316.79	400.97	156.96
Net Income to Common	316.79	400.97	156.96
Net Income Growth	12.41%	155.47%	-
Shares Outstanding (Basic)	2,177	2,177	1,278
Shares Outstanding (Diluted)	2,177	2,177	1,278
Shares Change (YoY)	44.87%	70.35%	-
EPS (Basic)	0.15	0.18	0.12
EPS (Diluted)	0.15	0.18	0.12
EPS Growth	-22.41%	49.96%	-
Free Cash Flow	218.56	191.24	-91.93
Free Cash Flow Per Share	0.10	0.09	-0.07
Dividend Per Share	0.021	0.021	-
Gross Margin	37.69%	37.67%	40.14%
Operating Margin	16.32%	16.40%	16.57%
Profit Margin	14.21%	18.37%	13.71%
Free Cash Flow Margin	9.80%	8.76%	-8.03%
EBITDA	484.49	482.47	253.9
EBITDA Margin	21.72%	22.11%	22.18%
D&A For EBITDA	120.54	124.6	64.18
EBIT	363.95	357.87	189.71
EBIT Margin	16.32%	16.40%	16.57%
Effective Tax Rate	12.08%	9.65%	11.72%