ASE:JOEP Income Statement

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

Millions JOD. 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	1,121	1,109	1,067	1,001	961.97	899.77
Other Revenue	13.35	13.5	11.49	13.26	12.62	7.48
Revenue	1,134	1,122	1,079	1,015	974.59	907.25
Revenue Growth (YoY)	4.25%	4.01%	6.32%	4.12%	7.42%	-0.04%
Fuel & Purchased Power	942.94	931.46	901.37	838.38	798.51	751.27
Operations & Maintenance	1.19	1.19	1.08	-	0.91	0.63
Selling, General & Admin	90.67	90.16	80.9	85.13	88.77	87.59
Depreciation & Amortization	34.73	33.85	31.3	28.51	27.17	26.59
Amortization of Goodwill & Intangibles	6.23	6.03	5.48	4.88	5.15	2.56
Provision for Bad Debts	9	6	11	12.1	12	6.7
Other Operating Expenses	4.81	4.88	3.15	3.7	3.85	0.84
Total Operating Expenses	1,090	1,074	1,034	972.7	936.36	876.17
Operating Income	44.88	48.62	44.61	42.05	38.23	31.07
Interest Expense	-38.71	-41.17	-43.2	-45.03	-32.82	-32.72
Interest Income	7.2	7.82	6.87	9.33	7.66	8.8
Net Interest Expense	-31.5	-33.35	-36.32	-35.69	-25.15	-23.92
Income (Loss) on Equity Investments	6.91	6.91	6.79	5.51	1.95	-
Currency Exchange Gain (Loss)	0.02	0.02	-0.01	0.01	-0.01	-0.02
Other Non-Operating Income (Expenses)	10.37	7.67	11.79	11.1	7.07	6.67
EBT Excluding Unusual Items	30.68	29.88	26.86	22.96	22.08	13.81
Gain (Loss) on Sale of Investments	2.24	2.24	0.55	-0.57	1.5	1.56
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.01
Legal Settlements	-	-	-	-	-0.5	-1
Pretax Income	32.91	32.12	27.41	22.39	23.08	14.37
Income Tax Expense	7.32	7.33	8.22	5.17	8.02	4.29
Earnings From Continuing Ops.	25.59	24.79	19.18	17.22	15.06	10.08
Net Income	25.59	24.79	19.18	17.22	15.06	10.08
Net Income to Common	25.59	24.79	19.18	17.22	15.06	10.08
Net Income Growth	30.98%	29.24%	11.37%	14.37%	49.44%	3.26%
Shares Outstanding (Basic)	97	97	97	97	97	97
Shares Outstanding (Diluted)	97	97	97	97	97	97
Shares Change (YoY)	-1.72%	-	-	-	-	-
EPS (Basic)	0.26	0.26	0.20	0.18	0.16	0.10
EPS (Diluted)	0.26	0.26	0.20	0.18	0.15	0.10
EPS Growth	35.79%	29.24%	11.37%	17.33%	51.24%	-
Free Cash Flow	1.6	48.23	-29.2	42.24	119.83	37.69
Free Cash Flow Per Share	0.02	0.50	-0.30	0.44	1.24	0.39
Dividend Per Share	-	-	0.123	0.162	0.091	0.082
Dividend Growth	-	-	-23.53%	76.89%	11.07%	84.30%
Profit Margin	2.26%	2.21%	1.78%	1.70%	1.54%	1.11%
Free Cash Flow Margin	0.14%	4.30%	-2.71%	4.16%	12.29%	4.15%
EBITDA	81.53	84.12	78.15	72.77	67.52	59.71
EBITDA Margin	7.19%	7.50%	7.24%	7.17%	6.93%	6.58%
D&A For EBITDA	36.65	35.5	33.54	30.72	29.3	28.64
EBIT	44.88	48.62	44.61	42.05	38.23	31.07
EBIT Margin	3.96%	4.33%	4.13%	4.14%	3.92%	3.43%
Effective Tax Rate	22.25%	22.81%	30.01%	23.08%	34.74%	29.85%

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