Union Coop Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	1,824	1,777	1,803	1,996	2,244	2,090
Revenue Growth (YoY)	4.07%	-1.45%	-9.67%	-11.04%	7.36%	-
Cost of Revenue	1,555	1,515	1,503	1,246	1,482	1,380
Gross Profit	269.82	261.91	299.97	750.05	762.11	709.9
Selling, General & Admin	331.68	371.51	378.38	560.58	495.13	451.09
Other Operating Expenses	-607.71	-595.69	-624.02	-220.19	-216.04	-233.19
Operating Expenses	-158.13	-112.46	-151.72	340.39	279.08	217.91
Operating Income	427.95	374.38	451.69	409.66	483.03	492
Interest Expense	-17.64	-16.27	-15.96	-3.09	-2.41	-6.59
Interest & Investment Income	2.06	1.5	5.74	6.21	19.27	31.73
Earnings From Equity Investments	0.13	0.13	-1.25	-	-	-
Other Non Operating Income (Expenses)	-81.68	-75.33	-69.29	-	-	-
EBT Excluding Unusual Items	330.82	284.4	370.93	412.78	499.89	517.13
Gain (Loss) on Sale of Investments	-	-	-	-	-	-4.59
Gain (Loss) on Sale of Assets	0.24	0.24	0.14	0.41	0.14	0.34
Asset Writedown	11.14	11.14	-1.15	-	-	-
Other Unusual Items	1.07	1.07	-	-	-	-
Pretax Income	343.28	296.86	369.92	413.19	500.03	512.88
Net Income	324.68	296.86	369.92	413.19	500.03	512.88
Net Income to Common	324.68	296.86	369.92	413.19	500.03	512.88
Net Income Growth	14.79%	-19.75%	-10.47%	-17.37%	-2.50%	-
Shares Outstanding (Basic)	1,806	1,746	1,746	1,722	1,746	-
Shares Outstanding (Diluted)	1,806	1,746	1,746	1,722	1,746	-
Shares Change (YoY)	5.10%	-	1.39%	-1.41%	-	-
EPS (Basic)	0.18	0.17	0.21	0.24	0.29	-
EPS (Diluted)	0.18	0.17	0.21	0.24	0.29	-
EPS Growth	9.18%	-19.78%	-11.70%	-16.19%	-	-
Free Cash Flow	228.38	145.88	244.48	270.9	254.51	327.86
Free Cash Flow Per Share	0.13	0.08	0.14	0.16	0.15	-
Dividend Per Share	0.150	0.150	0.220	-	-	-
Dividend Growth	-31.82%	-31.82%	-	-	-	-
Gross Margin	14.79%	14.74%	16.63%	37.57%	33.96%	33.96%
Operating Margin	23.46%	21.07%	25.05%	20.52%	21.52%	23.54%
Profit Margin	17.80%	16.70%	20.51%	20.70%	22.28%	24.54%
Free Cash Flow Margin	12.52%	8.21%	13.56%	13.57%	11.34%	15.69%
EBITDA	495.56	438.84	507.57	460.46	522.01	528.18
EBITDA Margin	27.16%	24.69%	28.15%	23.07%	23.26%	25.27%
D&A For EBITDA	67.62	64.47	55.88	50.8	38.98	36.19
EBIT	427.95	374.38	451.69	409.66	483.03	492
EBIT Margin	23.46%	21.07%	25.05%	20.52%	21.52%	23.54%
Advertising Expenses	-	-	-	28.58	27.56	25.72

Source: S&P Capital IQ. Standard template. Financial Sources.