Spinneys 1961 Holding 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	3,647	3,226	2,871	2,630	2,523
Revenue Growth (YoY)	13.06%	12.35%	9.16%	4.26%	-
Cost of Revenue	2,115	1,890	1,666	1,545	1,509
Gross Profit	1,531	1,336	1,205	1,085	1,013
Selling, General & Admin	812.67	717.53	662	593.28	551.9
Operating Expenses	1,107	973.22	894.18	811.78	762
Operating Income	424.64	362.34	311.03	273.57	251.1
Interest Expense	-55.97	-50.98	-44.55	-36.38	-38.89
Interest & Investment Income	24.23	13.3	-	-	0.7
Currency Exchange Gain (Loss)	-	-	-	0.21	2.88
Other Non Operating Income (Expenses)	10.73	11.17	12.67	9.22	6.55
EBT Excluding Unusual Items	403.63	335.82	279.16	246.62	222.33
Impairment of Goodwill	-	-	-3.46	-3.04	-1.6
Gain (Loss) on Sale of Assets	1.55	1.34	4.26	2.59	1.75
Asset Writedown	-10.41	-14.54	-26.65	-31.16	-29.16
Other Unusual Items	-	-	2.29	0.1	0.04
Pretax Income	394.77	322.63	255.59	215.11	193.36
Income Tax Expense	63.03	33	1.28	0.84	1.18
Earnings From Continuing Operations	331.75	289.63	254.32	214.27	192.18
Minority Interest in Earnings	9.66	14.65	1.84	-	-
Net Income	341.41	304.27	256.15	214.27	192.18
Net Income to Common	341.41	304.27	256.15	214.27	192.18
Net Income Growth	12.21%	18.79%	19.55%	11.50%	-
Shares Outstanding (Basic)	3,599	3,600	3,600	-	-
Shares Outstanding (Diluted)	3,599	3,600	3,600	-	-
Shares Change (YoY)	-0.03%	-	-	-	-
EPS (Basic)	0.09	0.08	0.07	-	-
EPS (Diluted)	0.09	0.08	0.07	-	-
EPS Growth	12.24%	18.79%	-	-	-
Free Cash Flow	669.52	472.6	682.11	307.28	399.31
Free Cash Flow Per Share	0.19	0.13	0.19	-	-
Dividend Per Share	0.069	0.057	0.055	-	-
Dividend Growth	22.48%	2.73%	-	-	-
Gross Margin	41.99%	41.40%	41.98%	41.27%	40.16%
Operating Margin	11.64%	11.23%	10.83%	10.40%	9.95%
Profit Margin	9.36%	9.43%	8.92%	8.15%	7.62%
Free Cash Flow Margin	18.36%	14.65%	23.76%	11.68%	15.83%
EBITDA	537.88	451.23	366.7	328.22	305.88
EBITDA Margin	14.75%	13.99%	12.77%	12.48%	12.13%
D&A For EBITDA	113.24	88.9	55.67	54.65	54.78
EBIT	424.64	362.34	311.03	273.57	251.1
EBIT Margin	11.64%	11.23%	10.83%	10.40%	9.95%
Effective Tax Rate	15.96%	10.23%	0.50%	0.39%	0.61%
Revenue as Reported	3,647	3,226	2,871	2,630	2,523

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.