Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C. (ADX:RAKWCT)

ADX:RAKWCT Income Statement

Financials in millions AED. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	272.93	256.04	265.56	247.67	239.81
Revenue Growth (YoY)	6.60%	-3.58%	7.22%	3.28%	8.42%
Cost of Revenue	221.47	201.78	235.24	213.52	202.44
Gross Profit	51.46	54.27	30.32	34.14	37.37
Selling, General & Admin	24.51	27.88	19.39	18.5	21.2
Other Operating Expenses	-	-	-	1.65	1.06
Operating Expenses	26.39	27.88	19.83	21.29	22.72
Operating Income	25.07	26.39	10.49	12.85	14.65
Interest Expense	-0.12	-0.11	-	-0.8	-1.57
Interest & Investment Income	15.2	14.94	12.35	10.22	11.83
Currency Exchange Gain (Loss)	-0.06	-0.07	-0.34	-0.69	-0.26
Other Non Operating Income (Expenses)	-0.18	0.53	-0.28	-0.87	-0.79
EBT Excluding Unusual Items	39.92	41.68	22.22	20.7	23.86
Gain (Loss) on Sale of Investments	-	-	-1.67	-	-
Legal Settlements	-	-	-	-	9
Other Unusual Items	-	-	-	0.38	0.01
Pretax Income	39.92	41.68	20.54	21.09	32.87
Income Tax Expense	3.51	3.68	-	-	-
Net Income	36.41	38.01	20.54	21.09	32.87
Net Income to Common	36.41	38.01	20.54	21.09	32.87
Net Income Growth	-4.20%	85.00%	-2.57%	-35.85%	159.04%
Shares Outstanding (Basic)	500	500	500	500	500
Shares Outstanding (Diluted)	500	500	500	500	500
EPS (Basic)	0.07	0.08	0.04	0.04	0.07
EPS (Diluted)	0.07	0.08	0.04	0.04	0.07
EPS Growth	-4.20%	85.00%	-2.57%	-35.85%	159.04%
Free Cash Flow	60.07	54.69	30.39	32.92	67.5
Free Cash Flow Per Share	0.12	0.11	0.06	0.07	0.14
Dividend Per Share	-	0.020	-	-	0.100
Dividend Growth	-	-	-	-	100.00%
Gross Margin	18.86%	21.20%	11.42%	13.79%	15.58%
Operating Margin	9.19%	10.31%	3.95%	5.19%	6.11%
Profit Margin	13.34%	14.84%	7.74%	8.51%	13.71%
Free Cash Flow Margin	22.01%	21.36%	11.44%	13.29%	28.15%
EBITDA	59.28	60.64	43.64	46.73	48.14
EBITDA Margin	21.72%	23.68%	16.43%	18.87%	20.07%
D&A For EBITDA	34.2	34.25	33.16	33.88	33.49
EBIT	25.07	26.39	10.49	12.85	14.65
EBIT Margin	9.19%	10.31%	3.95%	5.19%	6.11%
Effective Tax Rate	8.80%	8.82%	-	-	-

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