Parkin Company P.J.S.C. (DFM:PARKIN)

Parkin Company P.J.S.C. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	915.81	779.38	686.24	590.57
Other Revenue	-	-	0.72	0.29
Revenue	915.81	779.38	686.96	590.86
Revenue Growth (YoY)	17.51%	13.45%	16.26%	-
Cost of Revenue	123.11	166.84	169.63	168.27
Gross Profit	792.7	612.54	517.33	422.59
Selling, General & Admin	170.14	162.87	147.19	138.95
Other Operating Expenses	41.27	25.51	36.09	34.03
Operating Expenses	271.62	217.57	201.41	202.69
Operating Income	521.08	394.97	315.92	219.9
Interest Expense	-63.27	-0.9	-0.32	-0.39
Interest & Investment Income	8.28	-	-	-
Other Non Operating Income (Expenses)	-0.73	0.02	-	-
Pretax Income	465.36	394.09	315.6	219.5
Income Tax Expense	41.87	-	-	-
Net Income	423.49	394.09	315.6	219.5
Net Income to Common	423.49	394.09	315.6	219.5
Net Income Growth	7.46%	24.87%	43.78%	-
Shares Outstanding (Basic)	3,000	3,000	3,000	-
Shares Outstanding (Diluted)	3,000	3,000	3,000	-
Shares Change (YoY)	-0.01%	-	-	-
EPS (Basic)	0.14	0.13	0.11	-
EPS (Diluted)	0.14	0.13	0.11	-
EPS Growth	7.47%	24.87%	-	-
Free Cash Flow	-565.56	449.82	416.97	136.34
Free Cash Flow Per Share	-0.19	0.15	0.14	-
Dividend Per Share	0.160	-	-	-
Gross Margin	86.56%	78.59%	75.31%	71.52%
Operating Margin	56.90%	50.68%	45.99%	37.22%
Profit Margin	46.24%	50.57%	45.94%	37.15%
Free Cash Flow Margin	-61.76%	57.72%	60.70%	23.08%
EBITDA	567.47	408.66	336.53	240.29
EBITDA Margin	61.96%	52.43%	48.99%	40.67%
D&A For EBITDA	46.39	13.69	20.62	20.4
EBIT	521.08	394.97	315.92	219.9
EBIT Margin	56.90%	50.68%	45.99%	37.22%
Effective Tax Rate	9.00%	-	-	-
Advertising Expenses	5.52	-	-	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.