Agma SA Income Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	180.79	172.25	160.81	152.01	141.36	130.59
Revenue Growth (YoY)	10.03%	7.11%	5.79%	7.54%	8.25%	2.19%
Cost of Revenue	61.18	58.11	54.23	50.51	49.41	45.71
Gross Profit	119.62	114.14	106.59	101.5	91.95	84.88
Selling, General & Admin	23.83	21.77	16.21	14.1	11.08	14.1
Other Operating Expenses	-3.03	-2.87	-2.16	-1.29	-2.33	0.48
Operating Expenses	25.22	23.23	17.06	18.35	12.77	14.59
Operating Income	94.39	90.91	89.53	83.15	79.18	70.29
Interest Expense	-	-	-0.02	-0.05	-0.08	-
Interest & Investment Income	-	-	-	-	-	3.65
Other Non Operating Income (Expenses)	5.71	6.13	5.75	1.76	-0.02	-
EBT Excluding Unusual Items	100.1	97.03	95.26	84.86	79.07	73.94
Gain (Loss) on Sale of Assets	-	-	-	0.16	0.14	0.03
Other Unusual Items	-6.05	-5.51	-4.77	-4.47	-2.88	-0.81
Pretax Income	94.05	91.52	90.48	80.56	76.33	73.16
Income Tax Expense	24.6	24.9	27.19	23.72	24.37	22.94
Net Income	69.45	66.63	63.3	56.83	51.96	50.22
Net Income to Common	69.45	66.63	63.3	56.83	51.96	50.22
Net Income Growth	7.03%	5.26%	11.38%	9.38%	3.46%	4.50%
Free Cash Flow	-	-0.39	86.68	91.24	85.72	115.67
Dividend Per Share	-	300.000	275.000	255.000	250.000	-
Dividend Growth	-	9.09%	7.84%	2.00%	-	-
Gross Margin	66.16%	66.26%	66.28%	66.77%	65.05%	65.00%
Operating Margin	52.21%	52.78%	55.67%	54.70%	56.01%	53.83%
Profit Margin	38.42%	38.68%	39.36%	37.39%	36.76%	38.46%
Free Cash Flow Margin	-	-0.22%	53.90%	60.02%	60.64%	88.58%
EBITDA	98.48	94.78	93.41	88.69	83.19	70.29
EBITDA Margin	54.47%	55.03%	58.08%	58.34%	58.85%	53.83%
D&A For EBITDA	4.09	3.88	3.88	5.53	4.01	0
EBIT	94.39	90.91	89.53	83.15	79.18	70.29
EBIT Margin	52.21%	52.78%	55.67%	54.70%	56.01%	53.83%
Effective Tax Rate	26.15%	27.20%	30.04%	29.45%	31.93%	31.36%
Revenue as Reported	184.92	176.22	164.09	154.43	144.81	133.41

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