DTC Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	2,086	1,954	1,760	1,341	881.58	1,656
Revenue Growth (YoY)	12.64%	11.02%	31.18%	52.15%	-46.76%	-
Cost of Revenue	1,590	1,495	1,469	1,121	716	1,071
Gross Profit	496.44	458.57	290.91	220.82	165.57	584.96
Selling, General & Admin	96.31	79.13	65.65	65.23	297.61	407.69
Other Operating Expenses	-15.02	-16.05	-8.62	-9.7	-15.94	-26.37
Operating Expenses	108.82	112.93	73.89	76.11	317.82	395.21
Operating Income	387.62	345.65	217.02	144.71	-152.25	189.75
Interest Expense	-47.41	-16.02	-0.04	-0.39	-0.53	-0.65
Interest & Investment Income	11.74	8.35	6.23	5.4	7.27	6.8
Other Non Operating Income (Expenses)	-0.41	-0.17	-0.27	-	-0.24	-0.04
EBT Excluding Unusual Items	351.55	337.8	222.94	149.72	-145.76	195.87
Gain (Loss) on Sale of Investments	-0.86	0.97	-0.02	-	-	-
Gain (Loss) on Sale of Assets	14.22	6.55	1.46	-0.22	0.34	-3.02
Pretax Income	364.91	345.33	224.38	149.51	-145.42	192.84
Net Income	346.38	345.33	224.38	149.51	-145.42	192.84
Net Income to Common	346.38	345.33	224.38	149.51	-145.42	192.84
Net Income Growth	14.80%	53.90%	50.08%	-	-	-
Shares Outstanding (Basic)	2,499	2,500	2,500	-	-	-
Shares Outstanding (Diluted)	2,499	2,500	2,500	-	-	-
Shares Change (YoY)	-0.05%	-0.00%	-	-	-	-
EPS (Basic)	0.14	0.14	0.09	-	-	-
EPS (Diluted)	0.14	0.14	0.09	-	-	-
EPS Growth	14.86%	53.91%	-	-	-	-
Free Cash Flow	-598.59	-622.38	173.27	24.72	-162.99	-12.18
Free Cash Flow Per Share	-0.24	-0.25	0.07	-	-	-
Dividend Per Share	0.028	0.028	-	-	-	-
Gross Margin	23.79%	23.47%	16.53%	16.46%	18.78%	35.33%
Operating Margin	18.58%	17.69%	12.33%	10.79%	-17.27%	11.46%
Profit Margin	16.60%	17.68%	12.75%	11.15%	-16.50%	11.65%
Free Cash Flow Margin	-28.69%	-31.86%	9.85%	1.84%	-18.49%	-0.74%
EBITDA	542.64	482.1	314.77	237.79	-19.82	341.55
EBITDA Margin	26.01%	24.68%	17.89%	17.73%	-2.25%	20.63%
D&A For EBITDA	155.02	136.46	97.75	93.07	132.43	151.79
EBIT	387.62	345.65	217.02	144.71	-152.25	189.75
EBIT Margin	18.58%	17.69%	12.33%	10.79%	-17.27%	11.46%
Advertising Expenses	-	1.61	0.94	2.75	3.57	-

Source: S&P Capital IQ. Standard template. Financial Sources.