Afriquia Gaz 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	8,989	8,773	8,257	9,510	7,132
Other Revenue	32.24	25.9	31.04	31.58	27.67
Revenue	9,022	8,799	8,288	9,542	7,160
Revenue Growth (YoY)	2.53%	6.16%	-13.14%	33.26%	24.72%
Cost of Revenue	6,862	6,603	6,297	7,733	5,483
Gross Profit	2,159	2,196	1,991	1,808	1,677
Selling, General & Admin	234.04	235.17	227.51	201.12	194.65
Other Operating Expenses	348.7	367.2	573.67	354.43	449.19
Operating Expenses	992.77	1,001	1,176	926.4	995.5
Operating Income	1,167	1,195	815	881.92	681.44
Interest Expense	-118.8	-136.43	-149.29	-106.32	-73.45
Interest & Investment Income	27.65	17.04	12.58	10.54	27.55
Earnings From Equity Investments	77.9	71.68	71.82	58.62	86.59
Other Non Operating Income (Expenses)	-8.53	15.62	-5.52	-31.59	21.44
Pretax Income	1,145	1,163	744.59	813.17	743.56
Income Tax Expense	394.4	415.13	263.12	296.28	239.69
Net Income	750.5	747.39	481.47	516.89	503.86
Net Income to Common	750.5	747.39	481.47	516.89	503.86
Net Income Growth	0.42%	55.23%	-6.85%	2.58%	39.10%
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	-	-	-	-	-0.34%
EPS (Basic)	218.30	217.39	140.04	150.35	146.56
EPS (Diluted)	218.00	217.00	140.00	150.00	146.56
EPS Growth	0.46%	55.00%	-6.67%	2.35%	39.58%
Free Cash Flow	284.98	650.27	1,028	116.84	1,007
Free Cash Flow Per Share	82.89	189.14	298.90	33.98	292.86
Dividend Per Share	175.000	175.000	140.000	140.000	140.000
Dividend Growth	-	25.00%	-	-	12.00%
Gross Margin	23.94%	24.96%	24.02%	18.95%	23.42%
Operating Margin	12.93%	13.58%	9.83%	9.24%	9.52%
Profit Margin	8.32%	8.49%	5.81%	5.42%	7.04%
Free Cash Flow Margin	3.16%	7.39%	12.40%	1.23%	14.06%
EBITDA	1,502	1,530	1,138	1,204	983.61
EBITDA Margin	16.65%	17.39%	13.73%	12.62%	13.74%
D&A For EBITDA	335.28	335.35	322.6	321.89	302.17
EBIT	1,167	1,195	815	881.92	681.44
EBIT Margin	12.93%	13.58%	9.83%	9.24%	9.52%
Effective Tax Rate	34.45%	35.71%	35.34%	36.44%	32.24%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.