Naeem Real Estate Holding Group (EGX:NARE)

EGX:NARE Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	321.07	264.82	149.88	288.64	96.01	170.29
Other Revenue	10.57	7.03	4.92	3.53	3.19	-
Revenue	331.64	271.85	154.8	292.16	99.2	170.29
Revenue Growth (YoY)	73.88%	75.62%	-47.02%	194.52%	-41.75%	1629.29%
Cost of Revenue	131.83	119.73	76.34	163.77	70.84	124.6
Gross Profit	199.82	152.12	78.45	128.4	28.36	45.69
Selling, General & Admin	36.5	40.44	28.02	19.64	25.66	20.64
Other Operating Expenses	-	-	-	-	-1.38	-2.5
Operating Expenses	38.09	42.33	32.67	22.86	27.07	21.43
Operating Income	161.73	109.79	45.79	105.53	1.29	24.26
Interest Expense	-0.79	-2.88	-3.44	-3.55	-3.69	-1.05
Interest & Investment Income	8.85	7.75	2.12	1.36	1.9	1.29
Currency Exchange Gain (Loss)	2.27	3.31	0.12	-18.66	-0.03	0.64
Other Non Operating Income (Expenses)	9.08	20.95	19.57	11.07	8.08	3.74
EBT Excluding Unusual Items	181.13	138.92	64.15	95.76	7.55	28.87
Gain (Loss) on Sale of Investments	54.43	46.61	0.48	-18.7	7.04	0.09
Gain (Loss) on Sale of Assets	1.29	67.01	-	0.09	104.33	7.25
Other Unusual Items	-0.88	-1.96	-1.4	0.92	-	-
Pretax Income	235.97	250.59	63.22	78.08	118.92	36.22
Income Tax Expense	59.2	63.85	21.23	31.64	29.62	9.54
Earnings From Continuing Operations	176.77	186.74	41.99	46.43	89.3	26.68
Minority Interest in Earnings	-51.21	-52.69	-15.71	-29.39	-20.28	-8.85
Net Income	125.56	134.05	26.28	17.04	69.02	17.82
Net Income to Common	125.56	134.05	26.28	17.04	69.02	17.82
Net Income Growth	34.58%	410.06%	54.24%	-75.31%	287.29%	31.34%
Shares Outstanding (Basic)	128	128	128	129	129	129
Shares Outstanding (Diluted)	128	128	128	129	129	129
Shares Change (YoY)	-	-	-0.99%	-	-	-
EPS (Basic)	0.98	1.05	0.21	0.13	0.54	0.14
EPS (Diluted)	0.98	1.05	0.21	0.13	0.54	0.14
EPS Growth	34.58%	410.06%	55.77%	-75.31%	287.29%	31.34%
Free Cash Flow	-978.05	208.17	17.17	27.05	-7.38	-21.43
Free Cash Flow Per Share	-7.66	1.63	0.13	0.21	-0.06	-0.17
Gross Margin	60.25%	55.96%	50.68%	43.95%	28.59%	26.83%
Operating Margin	48.77%	40.39%	29.58%	36.12%	1.30%	14.25%
Profit Margin	37.86%	49.31%	16.98%	5.83%	69.58%	10.47%
Free Cash Flow Margin	-294.91%	76.57%	11.09%	9.26%	-7.44%	-12.58%
EBITDA	165.62	113.32	49.41	108.66	4.77	27.55
EBITDA Margin	49.94%	41.69%	31.92%	37.19%	4.80%	16.18%
D&A For EBITDA	3.89	3.53	3.63	3.13	3.48	3.29
EBIT	161.73	109.79	45.79	105.53	1.29	24.26
EBIT Margin	48.77%	40.39%	29.58%	36.12%	1.30%	14.25%
Effective Tax Rate	25.09%	25.48%	33.59%	40.53%	24.91%	26.35%
Revenue as Reported	-	-	-	-	-	61.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.