Maghreb Oxygène 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	330.37	311.41	290.6	291.04	274.13
Other Revenue	-	-	-	1.63	0.29
Revenue	330.37	311.41	290.6	292.67	274.42
Revenue Growth (YoY)	6.09%	7.16%	-0.71%	6.65%	10.49%
Cost of Revenue	188.07	184.26	164.89	156.55	136.43
Gross Profit	142.3	127.15	125.71	136.12	138
Selling, General & Admin	53.1	51.27	48.03	46.69	43.32
Other Operating Expenses	51.83	41.91	52.02	47.63	48.46
Operating Expenses	129.78	119.08	124.63	119.51	116.45
Operating Income	12.52	8.07	1.08	16.62	21.55
Interest Expense	-21.68	-4.46	-4.35	-4.42	-4.46
Interest & Investment Income	15	0.04	0.21	-	-
Earnings From Equity Investments	12.16	11.6	10.16	7.64	5.65
Currency Exchange Gain (Loss)	-	-	-	-	-1.75
Other Non Operating Income (Expenses)	-	-	2.04	-	-
EBT Excluding Unusual Items	17.99	15.25	9.14	19.83	20.98
Gain (Loss) on Sale of Assets	-	-	0.93	0.38	3.24
Pretax Income	17.99	15.25	10.08	20.21	24.23
Income Tax Expense	2.54	2.82	0.53	4.95	6.25
Net Income	15.45	12.43	9.54	15.26	17.97
Net Income to Common	15.45	12.43	9.54	15.26	17.97
Net Income Growth	24.29%	30.25%	-37.46%	-15.11%	21.44%
Shares Outstanding (Basic)	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1
Shares Change (YoY)	-	-	-	-0.10%	0.10%
EPS (Basic)	19.01	15.30	11.74	18.78	22.10
EPS (Diluted)	19.00	15.30	11.70	18.78	22.10
EPS Growth	24.21%	30.73%	-37.70%	-15.03%	21.43%
Free Cash Flow	-33.99	-7.22	-8.54	11.99	10.8
Free Cash Flow Per Share	-41.83	-8.89	-10.52	14.75	13.27
Dividend Per Share	4.000	4.000	4.000	4.000	4.000
Gross Margin	43.07%	40.83%	43.26%	46.51%	50.29%
Operating Margin	3.79%	2.59%	0.37%	5.68%	7.85%
Profit Margin	4.68%	3.99%	3.28%	5.21%	6.55%
Free Cash Flow Margin	-10.29%	-2.32%	-2.94%	4.10%	3.93%
EBITDA	31.13	27.55	18.83	34.84	39.18
EBITDA Margin	9.42%	8.85%	6.48%	11.90%	14.28%
D&A For EBITDA	18.62	19.48	17.75	18.22	17.63
EBIT	12.52	8.07	1.08	16.62	21.55
EBIT Margin	3.79%	2.59%	0.37%	5.68%	7.85%
Effective Tax Rate	14.14%	18.48%	5.30%	24.51%	25.80%

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