SPACE42 (ADX: SPACE42)

SPACE42 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,127	1,160	788.34	366.67	247.75
Revenue Growth (YoY)	39.32%	47.09%	115.00%	48.00%	-
Cost of Revenue	796.15	804.38	468.89	190.31	133.76
Gross Profit	331.09	355.22	319.45	176.35	113.99
Selling, General & Admin	156.71	142.6	74.11	74.97	40.65
Other Operating Expenses	-0.27	-0.43	38.02	-	-
Operating Expenses	164.04	148.95	119.06	79.91	43.11
Operating Income	167.05	206.27	200.4	96.44	70.88
Interest Expense	-0.45	-0.54	-2.77	-	-0.83
Interest & Investment Income	27.94	29.3	4.4	-	-
Currency Exchange Gain (Loss)	-0.6	-0.6	-	-	-
Other Non Operating Income (Expenses)	4.36	-2.05	0.27	-0.15	-0.02
Pretax Income	198.31	232.38	202.29	96.29	70.04
Net Income	191.15	232.38	202.29	96.29	70.04
Net Income to Common	191.15	232.38	202.29	96.29	70.04
Net Income Growth	17.18%	14.87%	110.09%	37.48%	-
Shares Outstanding (Basic)	2,571	2,571	2,095	2,000	200
Shares Outstanding (Diluted)	2,571	2,571	2,095	2,000	200
Shares Change (YoY)	1.88%	22.71%	4.77%	900.00%	-
EPS (Basic)	0.07	0.09	0.10	0.05	0.35
EPS (Diluted)	0.07	0.09	0.10	0.05	0.35
EPS Growth	15.02%	-6.39%	100.52%	-86.25%	-
Free Cash Flow	-133.91	-77.97	98.74	-14.83	5.8
Free Cash Flow Per Share	-0.05	-0.03	0.05	-0.01	0.03
Gross Margin	29.37%	30.63%	40.52%	48.10%	46.01%
Operating Margin	14.82%	17.79%	25.42%	26.30%	28.61%
Profit Margin	16.96%	20.04%	25.66%	26.26%	28.27%
Free Cash Flow Margin	-11.88%	-6.72%	12.53%	-4.05%	2.34%
EBITDA	179.88	219.35	211.49	103.22	75.02
EBITDA Margin	15.96%	18.92%	26.83%	28.15%	30.28%
D&A For EBITDA	12.83	13.07	11.09	6.78	4.14
EBIT	167.05	206.27	200.4	96.44	70.88
EBIT Margin	14.82%	17.79%	25.42%	26.30%	28.61%

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