Spinneys 1961 Holding Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,520	3,226	2,871	2,630	2,523
Revenue Growth (YoY)	13.33%	12.35%	9.16%	4.26%	-
Cost of Revenue	2,053	1,890	1,666	1,545	1,509
Gross Profit	1,467	1,336	1,205	1,085	1,013
Selling, General & Admin	769.65	717.53	662	593.28	551.9
Operating Expenses	1,054	973.22	894.18	811.78	762
Operating Income	412.62	362.34	311.03	273.57	251.1
Interest Expense	-55.69	-50.98	-44.55	-36.38	-38.89
Interest & Investment Income	21.52	13.3	-	-	0.7
Currency Exchange Gain (Loss)	-	-	-	0.21	2.88
Other Non Operating Income (Expenses)	13.47	10.62	12.67	9.22	6.55
EBT Excluding Unusual Items	391.91	335.28	279.16	246.62	222.33
Impairment of Goodwill	-	-	-3.46	-3.04	-1.6
Gain (Loss) on Sale of Assets	1.34	1.34	4.26	2.59	1.75
Asset Writedown	-21.55	-14.54	-26.65	-31.16	-29.16
Other Unusual Items	0.55	0.55	2.29	0.1	0.04
Pretax Income	372.25	322.63	255.59	215.11	193.36
Income Tax Expense	52.8	33	1.28	0.84	1.18
Earnings From Continuing Operations	319.45	289.63	254.32	214.27	192.18
Minority Interest in Earnings	10.15	14.65	1.84	-	-
Net Income	329.61	304.27	256.15	214.27	192.18
Net Income to Common	329.61	304.27	256.15	214.27	192.18
Net Income Growth	14.12%	18.79%	19.55%	11.50%	-
Shares Outstanding (Basic)	3,600	3,600	3,600	-	-
Shares Outstanding (Diluted)	3,600	3,600	3,600	-	-
EPS (Basic)	0.09	0.08	0.07	-	-
EPS (Diluted)	0.09	0.08	0.07	-	-
EPS Growth	14.14%	18.79%	-	-	-
Free Cash Flow	615.38	472.6	682.11	307.28	399.31
Free Cash Flow Per Share	0.17	0.13	0.19	-	-
Dividend Per Share	0.061	0.057	0.055	-	-
Dividend Growth	-26.71%	2.73%	-	-	-
Gross Margin	41.67%	41.40%	41.98%	41.27%	40.16%
Operating Margin	11.72%	11.23%	10.83%	10.40%	9.95%
Profit Margin	9.36%	9.43%	8.92%	8.15%	7.62%
Free Cash Flow Margin	17.48%	14.65%	23.76%	11.68%	15.83%
EBITDA	520.1	451.23	366.7	328.22	305.88
EBITDA Margin	14.77%	13.99%	12.77%	12.48%	12.13%
D&A For EBITDA	107.48	88.9	55.67	54.65	54.78
EBIT	412.62	362.34	311.03	273.57	251.1
EBIT Margin	11.72%	11.23%	10.83%	10.40%	9.95%
Effective Tax Rate	14.18%	10.23%	0.50%	0.39%	0.61%
Revenue as Reported	3,520	3,226	2,871	2,630	2,523

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.