Afaq For Energy Co. P.L.C 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
Revenue	1,044	1,016	1,019	1,107	1,075	834.29
Revenue Growth (YoY)	3.79%	-0.23%	-7.95%	2.93%	28.88%	35.26%
Cost of Revenue	988.85	960.57	970.45	1,049	1,007	783.55
Gross Profit	55.65	55.76	48.26	57.75	68.39	50.74
Selling, General & Admin	9.35	9.9	9.86	9.86	9.09	6.51
Other Operating Expenses	-2.4	-2.16	-2.24	-0.93	-	-
Operating Expenses	8.82	9.61	9.46	10.09	12.38	8.77
Operating Income	46.83	46.15	38.79	47.66	56.02	41.96
Interest Expense	-17.22	-16.67	-16.14	-19.06	-17.1	-13.42
Other Non Operating Income (Expenses)	-0.06	-0.06	-0.03	-0.01	1.55	1.25
EBT Excluding Unusual Items	29.55	29.42	22.63	28.59	40.47	29.79
Gain (Loss) on Sale of Assets	-	-	-	-	0.06	0.09
Legal Settlements	-0.05	-0.05	-0.03	-0.1	-	-
Pretax Income	29.5	29.37	22.6	28.49	40.53	29.88
Income Tax Expense	5.95	5.97	4.61	5.91	8.92	6.57
Earnings From Continuing Operations	23.55	23.4	17.99	22.58	31.6	23.32
Minority Interest in Earnings	-0.13	-0.14	-0.23	-0.19	-0.1	-0.1
Net Income	23.42	23.26	17.76	22.38	31.51	23.22
Net Income to Common	23.42	23.26	17.76	22.38	31.51	23.22
Net Income Growth	15.45%	30.96%	-20.65%	-28.96%	35.70%	-
Shares Outstanding (Basic)	110	110	110	110	110	110
Shares Outstanding (Diluted)	110	110	110	110	110	110
Shares Change (YoY)	0.36%	-	-	-	-	-0.87%
EPS (Basic)	0.21	0.21	0.16	0.20	0.29	0.21
EPS (Diluted)	0.21	0.21	0.16	0.20	0.29	0.21
EPS Growth	15.04%	30.96%	-20.65%	-28.96%	35.70%	-
Free Cash Flow	-1.96	-12.29	-24.31	140.57	35.9	37.96
Free Cash Flow Per Share	-0.02	-0.11	-0.22	1.28	0.33	0.34
Dividend Per Share	-	-	0.125	0.100	-	0.080
Dividend Growth	-	-	25.00%	-	-	-
Gross Margin	5.33%	5.49%	4.74%	5.22%	6.36%	6.08%
Operating Margin	4.48%	4.54%	3.81%	4.31%	5.21%	5.03%
Profit Margin	2.24%	2.29%	1.74%	2.02%	2.93%	2.78%
Free Cash Flow Margin	-0.19%	-1.21%	-2.39%	12.70%	3.34%	4.55%
EBITDA	58.99	58.03	48.71	59.12	69.36	55.31
EBITDA Margin	5.65%	5.71%	4.78%	5.34%	6.45%	6.63%
D&A For EBITDA	12.17	11.88	9.92	11.46	13.34	13.35
EBIT	46.83	46.15	38.79	47.66	56.02	41.96
EBIT Margin	4.48%	4.54%	3.81%	4.31%	5.21%	5.03%
Effective Tax Rate	20.18%	20.34%	20.38%	20.75%	22.02%	21.97%
Advertising Expenses	-	1.42	1.48	1.32	1.19	0.72

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