Al Ramz Corporation Investment and Development P.J.S.C. (DFM:ALRAMZ)

DFM:ALRAMZ Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	71.86	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	42.36	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
Other Revenue	9.54	-	-	-	-	-
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	50.33	50.33	56.99	-	-	-
Cost of Services Provided	41.05	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)	555	550	550	502	520	550
Shares Outstanding (Diluted)	555	550	550	502	520	550
Shares Change (YoY)	2.18%	-	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	40.53%	-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	0.37	-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.