Deyaar Development PJSC 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
Revenue	1,919	1,513	1,254	803.41	496.96	412.86
Revenue Growth (YoY)	41.65%	20.61%	56.12%	61.67%	20.37%	-31.62%
Cost of Revenue	1,250	1,007	868.13	531.32	315.06	260.69
Gross Profit	669.71	505.44	386.16	272.09	181.9	152.17
Selling, General & Admin	270.48	254.25	225.43	178.3	160.93	149.08
Other Operating Expenses	-58.16	-100.75	-90.93	-39.56	-19.34	-33.43
Operating Expenses	212.32	153.5	134.51	138.75	141.59	115.65
Operating Income	457.39	351.94	251.65	133.34	40.31	36.51
Interest Expense	-35.13	-42.98	-59.81	-36.09	-31.92	-36.89
Interest & Investment Income	36.69	36.53	20.17	3.49	1.36	3.21
Earnings From Equity Investments	116.02	159.92	63.21	44.66	54.34	24.74
Other Non Operating Income (Expenses)	-	-	-	-	-	1.7
EBT Excluding Unusual Items	574.97	505.42	275.22	145.41	64.09	29.27
Gain (Loss) on Sale of Assets	-	-	-	-	-	-36.08
Asset Writedown	7.41	-	165.91	-	7.66	-205.39
Legal Settlements	-	-	-0.41	-1.17	-0.95	-4.73
Other Unusual Items	-	-	-	-	-20	-
Pretax Income	582.37	505.42	440.71	144.24	50.8	-216.92
Income Tax Expense	30.51	31.5	-	-	-	-
Earnings From Continuing Operations	551.87	473.92	440.71	144.24	50.8	-216.92
Minority Interest in Earnings	2.1	0.1	-	-	-	-
Net Income	553.96	474.02	440.71	144.24	50.8	-216.92
Net Income to Common	553.96	474.02	440.71	144.24	50.8	-216.92
Net Income Growth	4.19%	7.56%	205.55%	183.92%	-	-
Shares Outstanding (Basic)	4,376	4,376	4,376	4,376	4,376	4,376
Shares Outstanding (Diluted)	4,376	4,376	4,376	4,376	4,376	4,376
EPS (Basic)	0.13	0.11	0.10	0.03	0.01	-0.05
EPS (Diluted)	0.13	0.11	0.10	0.03	0.01	-0.05
EPS Growth	4.19%	7.56%	205.55%	183.94%	-	-
Free Cash Flow	371.88	570.52	681.08	311.07	92.92	116.76
Free Cash Flow Per Share	0.09	0.13	0.16	0.07	0.02	0.03
Dividend Per Share	0.050	0.050	0.040	-	-	-
Dividend Growth	25.00%	25.00%	-	-	-	-
Gross Margin	34.89%	33.41%	30.79%	33.87%	36.60%	36.86%
Operating Margin	23.83%	23.26%	20.06%	16.60%	8.11%	8.84%
Profit Margin	28.86%	31.33%	35.14%	17.95%	10.22%	-52.54%
Free Cash Flow Margin	19.38%	37.71%	54.30%	38.72%	18.70%	28.28%
EBITDA	475.78	370.82	268.76	150.06	53.84	58.75
EBITDA Margin	24.79%	24.51%	21.43%	18.68%	10.83%	14.23%
D&A For EBITDA	18.39	18.88	17.11	16.72	13.53	22.24
EBIT	457.39	351.94	251.65	133.34	40.31	36.51
EBIT Margin	23.83%	23.26%	20.06%	16.60%	8.11%	8.84%
Effective Tax Rate	5.24%	6.23%	-	-	-	-

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