DFM:DU Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	15,905	14,636	13,636	12,754	11,682
Revenue Growth (YoY)	8.67%	7.33%	6.91%	9.18%	5.40%
Cost of Revenue	8,614	7,758	11,427	10,492	10,208
Gross Profit	7,292	6,878	2,209	2,263	1,474
Selling, General & Admin	1,587	1,557	243.58	250.48	209.38
Other Operating Expenses	115.59	159.07	-	-	-
Operating Expenses	4,082	4,131	486.2	424.05	365.41
Operating Income	3,210	2,747	1,723	1,839	1,109
Interest Expense	-95.05	-89.77	-93.84	-88.92	-100.5
Interest & Investment Income	74.67	82.21	61.33	33.92	27.56
Earnings From Equity Investments	-0.89	-2.43	-2.72	-7.91	-5.56
Currency Exchange Gain (Loss)	4.11	-2.34	-	-	-
Other Non Operating Income (Expenses)	-0.06	-0.12	0.84	1.64	0.61
EBT Excluding Unusual Items	3,193	2,735	1,688	1,777	1,031
Gain (Loss) on Sale of Assets	-	-	-	-	-0.14
Asset Writedown	-	-	-20.51	-117.47	-59.86
Legal Settlements	-	-	-	-	130.11
Pretax Income	3,193	2,735	1,668	1,660	1,101
Income Tax Expense	287.44	246.96	-	440.4	-
Net Income	2,905	2,488	1,668	1,220	1,101
Net Income to Common	2,905	2,488	1,668	1,220	1,101
Net Income Growth	16.79%	49.15%	36.76%	10.79%	-23.71%
Shares Outstanding (Basic)	4,533	4,533	4,533	4,533	4,533
Shares Outstanding (Diluted)	4,533	4,533	4,533	4,533	4,533
EPS (Basic)	0.64	0.55	0.37	0.27	0.24
EPS (Diluted)	0.64	0.55	0.37	0.27	0.24
EPS Growth	16.79%	49.15%	36.76%	10.79%	-23.71%
Free Cash Flow	3,191	3,101	2,525	1,335	1,162
Free Cash Flow Per Share	0.70	0.68	0.56	0.29	0.26
Dividend Per Share	0.640	0.540	0.340	0.240	0.210
Dividend Growth	18.52%	58.82%	41.67%	14.29%	-25.00%
Gross Margin	45.84%	46.99%	16.20%	17.74%	12.62%
Operating Margin	20.18%	18.77%	12.63%	14.42%	9.49%
Profit Margin	18.27%	17.00%	12.23%	9.56%	9.42%
Free Cash Flow Margin	20.06%	21.19%	18.52%	10.46%	9.95%
EBITDA	4,758	4,303	3,261	3,336	2,538
EBITDA Margin	29.92%	29.40%	23.92%	26.16%	21.73%
D&A For EBITDA	1,549	1,556	1,539	1,497	1,429
EBIT	3,210	2,747	1,723	1,839	1,109
EBIT Margin	20.18%	18.77%	12.63%	14.42%	9.49%
Effective Tax Rate	9.00%	9.03%	-	26.53%	-
Revenue as Reported	15,905	14,636	-	-	-

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