Union Coop 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	FY 2020	2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2020
Operating Revenue	1,882	1,854	1,777	1,803	1,996	2,244	Upgrade
Other Revenue	0.88	0.88	0.94	-	-	-	Upgrade
Revenue	1,883	1,855	1,778	1,803	1,996	2,244	Upgrade
Revenue Growth (YoY)	3.35%	4.32%	-1.40%	-9.67%	-11.04%	7.36%	Upgrade
Cost of Revenue	1,635	1,605	1,518	1,503	1,246	1,482	Upgrade
Gross Profit	247.96	249.6	259.99	299.97	750.05	762.11	Upgrade
Selling, General & Admin	346.4	351.5	375.15	378.38	560.58	495.13	Upgrade
Other Operating Expenses	-622.83	-617.29	-591.15	-624.02	-220.19	-216.04	Upgrade
Operating Expenses	-178.78	-168.33	-104.29	-151.72	340.39	279.08	Upgrade
Operating Income	426.73	417.93	364.28	451.69	409.66	483.03	Upgrade
Interest Expense	-24.5	-19.6	-16.27	-15.96	-3.09	-2.41	Upgrade
Interest & Investment Income	3.54	1.88	1.5	5.74	6.21	19.27	Upgrade
Earnings From Equity Investments	-0.03	-0.43	0.13	-1.25	-	-	Upgrade
Other Non Operating Income (Expenses)	-88.01	-83.05	-65.23	-69.29	-	-	Upgrade
EBT Excluding Unusual Items	317.74	316.74	284.41	370.93	412.78	499.89	Upgrade
Gain (Loss) on Sale of Assets	0.01	0.01	0.23	0.14	0.41	0.14	Upgrade
Asset Writedown	31.63	31.63	11.14	-1.15	-	-	Upgrade
Other Unusual Items	-	-	1.07	-	-	-	Upgrade
Pretax Income	349.37	348.37	296.86	369.92	413.19	500.03	Upgrade
Income Tax Expense	32.78	33.82	-	-	-	-	Upgrade
Net Income	316.59	314.56	296.86	369.92	413.19	500.03	Upgrade
Net Income to Common	316.59	314.56	296.86	369.92	413.19	500.03	Upgrade
Net Income Growth	-3.04%	5.96%	-19.75%	-10.47%	-17.37%	-2.50%	Upgrade
Shares Outstanding (Basic)	1,754	1,746	1,746	1,746	1,722	1,746	Upgrade
Shares Outstanding (Diluted)	1,754	1,746	1,746	1,746	1,722	1,746	Upgrade
Shares Change (YoY)	1.50%	-	-	1.39%	-1.41%	-	Upgrade
EPS (Basic)	0.18	0.18	0.17	0.21	0.24	0.29	Upgrade
EPS (Diluted)	0.18	0.18	0.17	0.21	0.24	0.29	Upgrade
EPS Growth	-4.54%	5.88%	-19.78%	-11.70%	-16.19%	-	Upgrade
Free Cash Flow	299.31	292.13	143.93	244.48	270.9	254.51	Upgrade
Free Cash Flow Per Share	0.17	0.17	0.08	0.14	0.16	0.15	Upgrade
Dividend Per Share	0.140	0.140	0.150	0.220	-	-	Upgrade
Dividend Growth	-6.67%	-6.67%	-31.82%	-	-	-	Upgrade
Gross Margin	13.17%	13.46%	14.62%	16.63%	37.57%	33.96%	Upgrade
Operating Margin	22.66%	22.53%	20.49%	25.05%	20.52%	21.52%	Upgrade
Profit Margin	16.81%	16.96%	16.70%	20.51%	20.70%	22.28%	Upgrade
Free Cash Flow Margin	15.89%	15.75%	8.09%	13.56%	13.57%	11.34%	Upgrade
EBITDA	492.81	484.46	428.75	507.57	460.46	522.01	Upgrade
EBITDA Margin	26.17%	26.12%	24.11%	28.15%	23.07%	23.26%	Upgrade
D&A For EBITDA	66.08	66.53	64.47	55.88	50.8	38.98	Upgrade
EBIT	426.73	417.93	364.28	451.69	409.66	483.03	Upgrade
EBIT Margin	22.66%	22.53%	20.49%	25.05%	20.52%	21.52%	Upgrade
Effective Tax Rate	9.38%	9.71%	-	-	-	-	Upgrade
Revenue as Reported	2,527	2,491	2,375	-	-	-	Upgrade
Advertising Expenses	-	-	-	-	28.58	27.56	Upgrade

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.