Disway Income Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,076	1,905	1,870	1,950	1,824
Other Revenue	22.29	-	-	-	-
Revenue	2,098	1,905	1,870	1,950	1,824
Revenue Growth (YoY)	10.18%	1.88%	-4.14%	6.93%	6.72%
Cost of Revenue	1,859	1,708	1,666	1,732	1,569
Gross Profit	239.33	196.64	203.45	218.88	254.74
Selling, General & Admin	95.66	85.93	82.73	80.46	76.17
Other Operating Expenses	36.14	8.06	-5.41	16.12	9.91
Operating Expenses	131.8	93.99	77.33	96.59	86.08
Operating Income	107.53	102.65	126.13	122.3	168.66
Interest Expense	-	-	-2.32	-	-
Interest & Investment Income	-	6.5	-	4.58	4.54
Other Non Operating Income (Expenses)	9.91	-	-	-	-
EBT Excluding Unusual Items	117.44	109.16	123.81	126.87	173.21
Other Unusual Items	-7.3	-4.14	-31.32	-7.14	-12.17
Pretax Income	110.14	105.01	92.49	119.74	161.04
Income Tax Expense	24.68	26.16	26.97	35.1	47.41
Earnings From Continuing Operations	85.46	78.85	65.52	84.64	113.63
Minority Interest in Earnings	-	-	-	-	-6.05
Net Income	85.46	78.85	65.52	84.64	107.58
Net Income to Common	85.46	78.85	65.52	84.64	107.58
Net Income Growth	8.38%	20.34%	-22.59%	-21.32%	27.23%
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	-0.01%	-0.01%	0.00%	5.64%	-2.73%
EPS (Basic)	45.32	41.81	34.74	44.88	60.26
EPS (Diluted)	45.32	41.81	34.74	44.88	60.26
EPS Growth	8.39%	20.35%	-22.59%	-25.52%	30.80%
Free Cash Flow	-	90.33	143.7	-208.16	88.25
Free Cash Flow Per Share	-	47.90	76.20	-110.37	49.43
Dividend Per Share	-	40.000	35.000	35.000	40.000
Dividend Growth	-	14.29%	-	-12.50%	14.29%
Gross Margin	11.40%	10.32%	10.88%	11.22%	13.96%
Operating Margin	5.12%	5.39%	6.75%	6.27%	9.25%
Profit Margin	4.07%	4.14%	3.50%	4.34%	5.90%
Free Cash Flow Margin	-	4.74%	7.69%	-10.67%	4.84%
EBITDA	115.65	110.77	134.6	131.11	177.78
EBITDA Margin	5.51%	5.82%	7.20%	6.72%	9.75%
D&A For EBITDA	8.12	8.12	8.48	8.81	9.12
EBIT	107.53	102.65	126.13	122.3	168.66
EBIT Margin	5.12%	5.39%	6.75%	6.27%	9.25%
Effective Tax Rate	22.41%	24.92%	29.16%	29.31%	29.44%
Revenue as Reported	2,098	1,930	1,910	1,970	1,847

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