Zellidja 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 2020	FY 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	735	703.68	610.21	582.19	435.03	-
Revenue Growth (YoY)	14.01%	15.32%	4.81%	33.83%	-	-
Cost of Revenue	569.67	546.81	487.84	461.08	360.45	-
Gross Profit	165.33	156.87	122.36	121.11	74.58	-
Selling, General & Admin	119.59	113.89	95.38	82.22	69.52	1.21
Other Operating Expenses	-3.12	-3.97	-5.03	2.53	-7.34	-0.42
Operating Expenses	136.88	134.22	107.31	106.23	98.39	0.8
Operating Income	28.44	22.65	15.05	14.88	-23.81	-0.8
Interest Expense	-9.61	-6.7	-7.95	-6.07	-3.9	-0.24
Interest & Investment Income	-	-	-	-	-	1.34
Currency Exchange Gain (Loss)	1.35	1.35	1.21	-	-	-
Other Non Operating Income (Expenses)	1.71	1.71	0.99	-	-	-0.29
EBT Excluding Unusual Items	21.89	19.01	9.3	8.81	-27.71	0.02
Gain (Loss) on Sale of Investments	-	-	-	-	-	2.39
Asset Writedown	-	-	-	-	-	-91.23
Other Unusual Items	0.81	-0.36	-5.79	9.86	2.61	66.29
Pretax Income	22.7	18.66	3.51	18.67	-25.1	-22.54
Income Tax Expense	5.78	5.41	1.79	2.3	2.27	0.02
Earnings From Continuing Operations	16.92	13.25	1.72	16.37	-27.37	-22.56
Minority Interest in Earnings	-7.14	-6.93	-2.82	-8.62	9.9	-
Net Income	9.78	6.32	-1.1	7.76	-17.48	-22.56
Net Income to Common	9.78	6.32	-1.1	7.76	-17.48	-22.56
Net Income Growth	7720.00%	-	-	-	-	-
Free Cash Flow	-44.33	-14.47	-6.44	-53	40.88	12.32
Gross Margin	22.49%	22.29%	20.05%	20.80%	17.14%	-
Operating Margin	3.87%	3.22%	2.47%	2.56%	-5.47%	-
Profit Margin	1.33%	0.90%	-0.18%	1.33%	-4.02%	-
Free Cash Flow Margin	-6.03%	-2.06%	-1.05%	-9.10%	9.40%	-
EBITDA	37.14	30.91	23.83	24.92	-6.44	5.87
EBITDA Margin	5.05%	4.39%	3.91%	4.28%	-1.48%	-
D&A For EBITDA	8.69	8.25	8.77	10.04	17.37	6.67
EBIT	28.44	22.65	15.05	14.88	-23.81	-0.8
EBIT Margin	3.87%	3.22%	2.47%	2.56%	-5.47%	-
Effective Tax Rate	25.47%	29.00%	50.97%	12.29%	-	-
Revenue as Reported	740.66	710	617.15	582.49	447.53	1.2

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