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	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest and Dividend Income	83.89	71.86	57.44	34.65	27
Total Interest Expense	28.11	25.72	11.18	5.26	4.94
Net Interest Income	55.78	46.14	46.26	29.39	22.06
Brokerage Commission	51.35	27.66	32.76	42.81	43.55
Underwriting & Investment Banking Fee	38.84	23.64	20.05	37.52	34.03
Gain on Sale of Investments (Rev)	13.41	2.43	19.61	-6.3	25.25
Revenue Before Loan Losses	159.38	99.86	118.68	103.42	124.89
Provision for Loan Losses	-	0.35	0.16	0.37	3.94
Revenue	159.38	99.52	118.53	103.05	120.95
Revenue Growth (YoY)	60.15%	-16.04%	15.02%	-14.80%	280.52%
Salaries & Employee Benefits	73.27	50.33	56.99	-	-
Cost of Services Provided	27.69	25.16	16.25	70.55	66.43
Total Operating Expenses	106.47	81.92	78.5	70.55	66.43
Operating Income	52.91	17.6	40.03	32.49	54.52
Pretax Income	52.91	17.6	40.03	32.49	54.52
Income Tax Expense	4.65	1.65	0.35	-	-
Net Income	48.26	15.95	39.67	32.49	54.52
Net Income to Common	48.26	15.95	39.67	32.49	54.52
Net Income Growth	202.53%	-59.79%	22.10%	-40.40%	-
Shares Outstanding (Basic)	550	550	550	502	520
Shares Outstanding (Diluted)	550	550	550	502	520
Shares Change (YoY)	-	-	9.48%	-3.48%	-5.36%
EPS (Basic)	0.09	0.03	0.07	0.06	0.10
EPS (Diluted)	0.09	0.03	0.07	0.06	0.10
EPS Growth	202.53%	-59.79%	11.52%	-38.25%	-
Free Cash Flow	198.49	-7.34	-153.82	-48.02	81.15
Free Cash Flow Per Share	0.36	-0.01	-0.28	-0.10	0.16
Dividend Per Share	0.070	-	0.060	0.060	0.060
Operating Margin	33.20%	17.69%	33.77%	31.53%	45.07%
Profit Margin	30.28%	16.03%	33.47%	31.53%	45.07%
Free Cash Flow Margin	124.53%	-7.37%	-129.78%	-46.60%	67.09%
Effective Tax Rate	8.80%	9.37%	0.88%	-	-

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