RAPCO Investment PJSC 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
Operating Revenue	-0.4	-	-	-	-	-
Other Revenue	18.98	26.32	56.61	11.67	9.98	-
Revenue	18.58	26.32	56.61	11.67	9.98	-
Revenue Growth (YoY)	-70.36%	-53.50%	384.91%	16.92%	-	-
Cost of Revenue	0.06	0.1	0.13	0.16	0.25	0.28
Gross Profit	18.52	26.22	56.48	11.52	9.73	-0.28
Selling, General & Admin	2.89	3.01	3.59	2.03	1.12	0.63
Other Operating Expenses	-0.01	-0.01	-0.56	-	-	-
Operating Expenses	2.89	3	3.42	2.13	1.13	0.63
Operating Income	15.63	23.22	53.06	9.39	8.6	-0.91
Interest Expense	-1.29	-1.49	-0.35	-	-	-0.03
Interest & Investment Income	-	-	-	-	-	9.6
Earnings From Equity Investments	-	-	-	0.2	-9.61	-2.01
Other Non Operating Income (Expenses)	0.22	0.04	0.61	0.09	-0.06	-
EBT Excluding Unusual Items	14.56	21.77	53.31	9.68	-1.06	6.66
Gain (Loss) on Sale of Assets	7.8	9.43	0.15	7.21	-	-
Asset Writedown	0.24	0.24	-23.33	0.01	1.22	-1.36
Pretax Income	22.6	31.44	30.14	16.91	0.15	5.3
Income Tax Expense	1.34	1.53	-1.5	-	-	-
Earnings From Continuing Operations	21.26	29.91	31.63	16.91	0.15	5.3
Earnings From Discontinued Operations	-	-	-	-	-0.71	-2.27
Net Income to Company	21.26	29.91	31.63	16.91	-0.56	3.03
Net Income	21.26	29.91	31.63	16.91	-0.56	3.03
Net Income to Common	21.26	29.91	31.63	16.91	-0.56	3.03
Net Income Growth	-44.60%	-5.44%	87.09%	-	-	416.70%
Shares Outstanding (Basic)	95	95	95	95	95	95
Shares Outstanding (Diluted)	95	95	95	95	95	95
EPS (Basic)	0.22	0.31	0.33	0.18	-0.01	0.03
EPS (Diluted)	0.22	0.31	0.33	0.18	-0.01	0.03
EPS Growth	-44.60%	-5.44%	87.09%	-	-	416.69%
Free Cash Flow	-10.26	1.6	-11.66	-16.1	-0.84	-1.07
Free Cash Flow Per Share	-0.11	0.02	-0.12	-0.17	-0.01	-0.01
Gross Margin	99.68%	99.63%	99.77%	98.67%	97.46%	-
Operating Margin	84.15%	88.23%	93.74%	80.44%	86.18%	-
Profit Margin	114.45%	113.64%	55.88%	144.83%	-5.62%	-
Free Cash Flow Margin	-55.24%	6.08%	-20.61%	-137.92%	-8.42%	-
EBITDA	15.64	23.23	53.07	9.49	8.61	-0.81
EBITDA Margin	84.17%	88.25%	93.75%	81.29%	86.24%	-
D&A For EBITDA	0	0	0.01	0.1	0.01	0.1
EBIT	15.63	23.22	53.06	9.39	8.6	-0.91
EBIT Margin	84.14%	88.23%	93.74%	80.44%	86.18%	-
Effective Tax Rate	5.91%	4.87%	-	-	-	-
Revenue as Reported	26.82	36.04	34.59	-	-	-

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