DFM:ALRAMZ Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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
Interest and Dividend Income	81.4	71.86	57.44	34.65	27	32.81
Total Interest Expense	29.5	25.72	11.18	5.26	4.94	6.04
Net Interest Income	51.9	46.14	46.26	29.39	22.06	26.77
Brokerage Commission	49.38	27.66	32.76	42.81	43.55	15.84
Underwriting & Investment Banking Fee	36.81	23.64	20.05	37.52	34.03	27.35
Gain on Sale of Investments (Rev)	3.1	2.43	19.61	-6.3	25.25	-31.01
Revenue Before Loan Losses	141.2	99.86	118.68	103.42	124.89	38.95
Provision for Loan Losses	0.24	0.35	0.16	0.37	3.94	7.16
Revenue	140.96	99.52	118.53	103.05	120.95	31.79
Revenue Growth (YoY)	27.95%	-16.04%	15.02%	-14.80%	280.52%	-30.19%
Salaries & Employee Benefits	62.91	50.33	56.99	-	-	-
Cost of Services Provided	29.13	25.16	16.25	70.55	66.43	42.66
Total Operating Expenses	97.8	81.92	78.5	70.55	66.43	42.66
Operating Income	43.15	17.6	40.03	32.49	54.52	-10.87
Pretax Income	43.15	17.6	40.03	32.49	54.52	-10.87
Income Tax Expense	4.02	1.65	0.35	-	-	-
Net Income	39.13	15.95	39.67	32.49	54.52	-10.87
Net Income to Common	39.13	15.95	39.67	32.49	54.52	-10.87
Net Income Growth	43.59%	-59.79%	22.10%	-40.40%	-	-
Shares Outstanding (Basic)	550	550	550	502	520	550
Shares Outstanding (Diluted)	550	550	550	502	520	550
Shares Change (YoY)	-	-	9.48%	-3.48%	-5.36%	-
EPS (Basic)	0.07	0.03	0.07	0.06	0.10	-0.02
EPS (Diluted)	0.07	0.03	0.07	0.06	0.10	-0.02
EPS Growth	43.59%	-59.79%	11.52%	-38.25%	-	-
Free Cash Flow	206.01	-8.37	-153.82	-48.02	81.15	311.26
Free Cash Flow Per Share	0.38	-0.01	-0.28	-0.10	0.16	0.57
Dividend Per Share	-	-	0.060	0.060	0.060	-
Operating Margin	30.61%	17.69%	33.77%	31.53%	45.07%	-34.20%
Profit Margin	27.76%	16.03%	33.47%	31.53%	45.07%	-34.20%
Free Cash Flow Margin	146.15%	-8.41%	-129.78%	-46.60%	67.09%	979.26%
Effective Tax Rate	9.32%	9.37%	0.88%	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.