NMDC Group PJSC Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	24,187	16,708	10,685	7,889	4,424	2,811
Revenue Growth (YoY)	54.53%	56.36%	35.45%	78.30%	57.41%	-
Cost of Revenue	20,937	14,546	9,577	6,822	4,204	2,537
Gross Profit	3,250	2,162	1,108	1,067	220.61	273.87
Selling, General & Admin	304.7	265.89	159.42	204.67	100.35	132.15
Operating Expenses	304.7	265.89	159.42	204.67	100.35	137.26
Operating Income	2,945	1,896	948.5	862.51	120.26	136.62
Interest Expense	-230.38	-119.93	-58.76	-54.55	-46.41	-21.87
Interest & Investment Income	161.8	134.03	21.33	14.86	-	25.04
Earnings From Equity Investments	26.38	52.65	5.2	8.86	1.29	1.25
Currency Exchange Gain (Loss)	-50.23	-38.85	-31.57	21.96	10.69	36.85
Other Non Operating Income (Expenses)	77.12	51.56	176.94	59.13	59.36	5.18
EBT Excluding Unusual Items	2,930	1,975	1,062	912.78	145.19	183.06
Gain (Loss) on Sale of Investments	191.29	200.27	-1.96	1.27	-	1.1
Gain (Loss) on Sale of Assets	6.31	6.31	267.44	13.7	-0.11	5.66
Other Unusual Items	-	-	-	49.71	-	-
Pretax Income	3,134	2,188	1,346	1,000	161.13	191.17
Income Tax Expense	300.04	33.64	41.98	-2.52	54.14	10.33
Earnings From Continuing Operations	2,834	2,154	1,304	1,003	106.99	180.84
Minority Interest in Earnings	-32.7	-0.84	-0.2	-0.16	-0.24	-
Net Income	2,801	2,154	1,303	1,002	106.75	180.84
Net Income to Common	2,801	2,154	1,303	1,002	106.75	180.84
Net Income Growth	32.61%	65.23%	30.02%	839.04%	-40.97%	-
Shares Outstanding (Basic)	828	825	825	796	575	250
Shares Outstanding (Diluted)	828	825	825	796	575	250
Shares Change (YoY)	0.39%	-	3.61%	38.48%	130.00%	-
EPS (Basic)	3.38	2.61	1.58	1.26	0.19	0.72
EPS (Diluted)	3.38	2.61	1.58	1.26	0.19	0.72
EPS Growth	32.10%	65.23%	25.49%	578.13%	-74.34%	-
Free Cash Flow	302.33	1,655	1,861	1,450	-170.27	161.41
Free Cash Flow Per Share	0.37	2.01	2.26	1.82	-0.30	0.65
Dividend Per Share	0.750	0.750	-	-	0.300	0.250
Dividend Growth	-	-	-	-	20.00%	-
Gross Margin	13.44%	12.94%	10.37%	13.53%	4.99%	9.74%
Operating Margin	12.18%	11.35%	8.88%	10.93%	2.72%	4.86%
Profit Margin	11.58%	12.89%	12.20%	12.71%	2.41%	6.43%
Free Cash Flow Margin	1.25%	9.90%	17.42%	18.38%	-3.85%	5.74%
EBITDA	3,418	2,290	1,369	1,301	377.72	300.14
EBITDA Margin	14.13%	13.71%	12.81%	16.49%	8.54%	10.68%
D&A For EBITDA	472.79	394.16	420.77	438.57	257.46	163.52
EBIT	2,945	1,896	948.5	862.51	120.26	136.62
EBIT Margin	12.18%	11.35%	8.88%	10.93%	2.72%	4.86%
Effective Tax Rate	9.57%	1.54%	3.12%	-	33.60%	5.40%

Source: S&P Capital IQ. Standard template. Financial Sources.