TECOM Group PJSC (DFM:TECOM)

TECOM Group PJSC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	2,643	2,402	2,173	1,973	1,766	1,767
Total Revenue	2,643	2,402	2,173	1,973	1,766	1,767
Revenue Growth (YoY	16.34%	10.53%	10.13%	11.77%	-0.06%	-3.99%
Property Expenses	923.59	849.54	760.38	767.85	731.31	712.92
Selling, General & Administrative	252.42	259.42	209.82	286.91	287.89	290.1
Other Operating Expenses	-36.66	-29.05	-28.43	-22.31	-37.39	-68.86
Total Operating Expenses	1,139	1,080	941.78	1,032	981.81	934.16
Operating Income	1,504	1,322	1,231	940.91	783.82	832.55
Interest Expense	-331.52	-308.27	-333.33	-221.24	-208.17	-257.59
Interest & Investment Income	162.89	181.55	184.12	16.9	6.55	28.59
Other Non-Operating Income	-30.96	-30.96	-31.56	-30.64	-25.61	-24.46
EBT Excluding Unusual Items	1,304	1,164	1,051	705.94	556.59	579.08
Other Unusual Items	101.44	102.26	27.63	19.68	12.25	-
Pretax Income	1,406	1,267	1,078	725.62	568.84	579.08
Income Tax Expense	43.07	38.22	-	-	-	-
Net Income	1,363	1,228	1,078	725.62	568.84	579.08
Net Income to Common	1,363	1,228	1,078	725.62	568.84	579.08
Net Income Growth	13.87%	13.93%	48.60%	27.56%	-1.77%	-8.60%
Basic Shares Outstanding	5,000	5,000	5,000	3,781	3,781	-
Diluted Shares Outstanding	5,000	5,000	5,000	3,781	3,781	-
Shares Change (YoY)	-	-	32.25%	-	-	-
EPS (Basic)	0.27	0.25	0.22	0.19	0.15	-
EPS (Diluted)	0.27	0.25	0.22	0.19	0.15	-
EPS Growth	13.87%	13.93%	12.37%	27.56%	-	-
Dividend Per Share	0.160	0.160	0.160	0.080	3013323.000	4709407.000
Dividend Growth	-	-	100.00%	-100.00%	-36.02%	117.36%
Operating Margin	56.90%	55.04%	56.66%	47.68%	44.39%	47.12%
Profit Margin	51.56%	51.14%	49.62%	36.77%	32.22%	32.78%
EBITDA	1,964	1,751	1,626	1,327	1,159	1,202
EBITDA Margin	74.31%	72.91%	74.82%	67.25%	65.65%	68.02%
D&A For Ebitda	460.18	429.32	394.51	386.2	375.32	369.2
EBIT	1,504	1,322	1,231	940.91	783.82	832.55
EBIT Margin	56.90%	55.04%	56.66%	47.68%	44.39%	47.12%
Effective Tax Rate	3.06%	3.02%	-	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.