Zarka Educational & Investment Co. (ASE:ZEIC)

ASE:ZEIC Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	38.11	28.55	22.92	18.52	18.4
Revenue Growth (YoY)	33.49%	24.59%	23.76%	0.65%	-8.86%
Cost of Revenue	20.25	15.73	12.26	10.53	10.76
Gross Profit	17.87	12.82	10.65	7.99	7.64
Selling, General & Admin	7.33	6.67	4.99	3.2	3.09
Other Operating Expenses	-	-	-	-0.02	-0.03
Operating Expenses	13.58	12.03	9.92	7.29	6.72
Operating Income	4.29	0.8	0.73	0.7	0.92
Interest & Investment Income	0.09	0.08	-	-	-
Other Non Operating Income (Expenses)	0.02	0.05	0.05	0.06	0.09
EBT Excluding Unusual Items	4.4	0.92	0.78	0.76	1.01
Gain (Loss) on Sale of Investments	-0	0	0.01	0.01	0.01
Pretax Income	4.4	0.93	0.79	0.77	1.02
Income Tax Expense	0.74	0.16	0.14	0.23	0.15
Net Income	3.65	0.77	0.66	0.55	0.88
Net Income to Common	3.65	0.77	0.66	0.55	0.88
Net Income Growth	376.97%	16.84%	20.06%	-37.64%	31.57%
Shares Outstanding (Basic)	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17
EPS (Basic)	0.21	0.04	0.04	0.03	0.05
EPS (Diluted)	0.21	0.04	0.04	0.03	0.05
EPS Growth	376.97%	16.84%	20.06%	-37.64%	31.57%
Free Cash Flow	8.76	-2.63	-8.18	2.58	1.81
Free Cash Flow Per Share	0.51	-0.15	-0.47	0.15	0.10
Dividend Per Share	0.100	0.095	0.095	0.095	-
Dividend Growth	5.04%	0%	0%	-	-
Gross Margin	46.88%	44.91%	46.49%	43.14%	41.50%
Operating Margin	11.25%	2.79%	3.21%	3.80%	5.00%
Profit Margin	9.58%	2.68%	2.86%	2.95%	4.76%
Free Cash Flow Margin	22.99%	-9.20%	-35.68%	13.94%	9.83%
EBITDA	10.54	6.05	5.67	4.81	4.55
EBITDA Margin	27.65%	21.17%	24.72%	25.99%	24.71%
D&A For EBITDA	6.25	5.25	4.93	4.11	3.63
EBIT	4.29	0.8	0.73	0.7	0.92
EBIT Margin	11.25%	2.79%	3.21%	3.80%	5.00%
Effective Tax Rate	16.93%	17.57%	17.25%	29.40%	14.27%
Revenue as Reported	38.11	28.55	22.92	18.54	18.43
Advertising Expenses	0.4	0.45	0.28	0.2	0.22

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