Disway 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	2,014	1,905	1,870	1,950	1,824	1,709
Revenue Growth (YoY)	12.70%	1.88%	-4.14%	6.93%	6.72%	5.34%
Cost of Revenue	1,799	1,708	1,666	1,732	1,569	1,504
Gross Profit	215.27	196.64	203.45	218.88	254.74	204.71
Selling, General & Admin	91.33	85.93	82.73	80.46	76.17	72.64
Other Operating Expenses	10.67	8.06	-5.41	16.12	9.91	14.74
Operating Expenses	102	93.99	77.33	96.59	86.08	87.38
Operating Income	113.28	102.65	126.13	122.3	168.66	117.33
Interest Expense	-	-	-2.32	-	-	-
Interest & Investment Income	15.52	6.5	-	4.58	4.54	7.74
EBT Excluding Unusual Items	128.8	109.16	123.81	126.87	173.21	125.07
Other Unusual Items	-4.32	-4.14	-31.32	-7.14	-12.17	-2.19
Pretax Income	124.48	105.01	92.49	119.74	161.04	122.88
Income Tax Expense	30.21	26.16	26.97	35.1	47.41	35.99
Earnings From Continuing Operations	94.27	78.85	65.52	84.64	113.63	86.89
Minority Interest in Earnings	-	-	-	-	-6.05	-2.33
Net Income	94.27	78.85	65.52	84.64	107.58	84.55
Net Income to Common	94.27	78.85	65.52	84.64	107.58	84.55
Net Income Growth	53.12%	20.34%	-22.59%	-21.32%	27.23%	23.99%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	0.03%	-0.01%	0.00%	5.64%	-2.73%	-1.93%
EPS (Basic)	49.98	41.81	34.74	44.88	60.26	46.07
EPS (Diluted)	49.98	41.81	34.74	44.88	60.26	46.07
EPS Growth	53.08%	20.35%	-22.59%	-25.52%	30.80%	26.43%
Free Cash Flow	-22.9	90.33	143.7	-208.16	88.25	149.39
Free Cash Flow Per Share	-12.14	47.90	76.20	-110.37	49.43	81.39
Dividend Per Share	40.000	40.000	35.000	35.000	40.000	35.000
Dividend Growth	14.29%	14.29%	-	-12.50%	14.29%	25.00%
Gross Margin	10.69%	10.32%	10.88%	11.22%	13.96%	11.98%
Operating Margin	5.62%	5.39%	6.75%	6.27%	9.25%	6.87%
Profit Margin	4.68%	4.14%	3.50%	4.34%	5.90%	4.95%
Free Cash Flow Margin	-1.14%	4.74%	7.69%	-10.67%	4.84%	8.74%
EBITDA	124.81	110.77	134.6	131.11	177.78	127.54
EBITDA Margin	6.19%	5.82%	7.20%	6.72%	9.75%	7.46%
D&A For EBITDA	11.53	8.12	8.48	8.81	9.12	10.21
EBIT	113.28	102.65	126.13	122.3	168.66	117.33
EBIT Margin	5.62%	5.39%	6.75%	6.27%	9.25%	6.87%
Effective Tax Rate	24.27%	24.92%	29.16%	29.31%	29.44%	29.29%
Revenue as Reported	2,035	1,930	1,910	1,970	1,847	1,724

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.