DFM:DRC Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	852.36	877.2	817.99	803.07	752.17	669.71
Revenue Growth (YoY)	-6.82%	7.24%	1.86%	6.77%	12.31%	18.65%
Cost of Revenue	504.77	542.04	523.61	518.21	491.94	422.16
Gross Profit	347.6	335.16	294.38	284.86	260.23	247.55
Selling, General & Admin	194.56	193.45	180.86	179.19	165.32	154.15
Amortization of Goodwill & Intangibles	0.46	0.46	1.02	1.79	3.74	3.68
Other Operating Expenses	-10.77	-12.58	-10.08	-8.18	-9.18	-7.55
Operating Expenses	184.25	181.34	171.8	172.8	159.88	150.29
Operating Income	163.35	153.82	122.57	112.06	100.35	97.27
Interest Expense	-5.03	-5.08	-3.19	-3.48	-3.77	-4.1
Interest & Investment Income	16.19	15.2	21.48	17.08	6.32	4.08
Other Non Operating Income (Expenses)	9.67	9.66	8.64	15.92	2.75	-0.45
EBT Excluding Unusual Items	184.18	173.6	149.51	141.59	105.65	96.8
Gain (Loss) on Sale of Assets	-	-	-	220.19	-	-
Pretax Income	184.18	173.6	149.51	361.78	105.65	96.8
Income Tax Expense	16.56	15.73	13.68	-	-	-
Net Income	167.63	157.87	135.83	361.78	105.65	96.8
Preferred Dividends & Other Adjustments	5.2	5.2	6.2	4.22	4.2	4.2
Net Income to Common	162.43	152.67	129.63	357.56	101.45	92.6
Net Income Growth	19.44%	16.23%	-62.46%	242.43%	9.15%	70.21%
Shares Outstanding (Basic)	90	90	90	90	90	90
Shares Outstanding (Diluted)	90	90	90	90	90	90
EPS (Basic)	1.79	1.70	1.44	3.97	1.13	1.03
EPS (Diluted)	1.79	1.70	1.44	3.97	1.13	1.03
EPS Growth	19.11%	17.78%	-63.75%	252.45%	9.56%	75.81%
Free Cash Flow	138.68	143.35	168.78	121.59	197.4	112.36
Free Cash Flow Per Share	1.53	1.59	1.88	1.35	2.19	1.25
Dividend Per Share	1.100	1.100	1.000	0.800	0.700	0.700
Dividend Growth	10.00%	10.00%	25.00%	14.29%	-	-
Gross Margin	40.78%	38.21%	35.99%	35.47%	34.60%	36.96%
Operating Margin	19.16%	17.54%	14.99%	13.95%	13.34%	14.52%
Profit Margin	19.06%	17.41%	15.85%	44.52%	13.49%	13.83%
Free Cash Flow Margin	16.27%	16.34%	20.63%	15.14%	26.24%	16.78%
EBITDA	203.57	195.16	164.25	152.67	142.81	144
EBITDA Margin	23.88%	22.25%	20.08%	19.01%	18.99%	21.50%
D&A For EBITDA	40.23	41.34	41.67	40.61	42.46	46.73
EBIT	163.35	153.82	122.57	112.06	100.35	97.27
EBIT Margin	19.16%	17.54%	14.99%	13.95%	13.34%	14.52%
Effective Tax Rate	8.99%	9.06%	9.15%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.