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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	283.51	264.82	149.88	288.64	96.01	170.29
Other Revenue	1.64	7.03	4.92	3.53	3.19	-
Revenue	285.15	271.85	154.8	292.16	99.2	170.29
Revenue Growth (YoY)	41.51%	75.62%	-47.02%	194.52%	-41.75%	1629.29%
Cost of Revenue	142.17	119.73	76.34	163.77	70.84	124.6
Gross Profit	142.98	152.12	78.45	128.4	28.36	45.69
Selling, General & Admin	37.48	40.44	28.02	19.64	25.66	20.64
Other Operating Expenses	-	-	-	-	-1.38	-2.5
Operating Expenses	42.87	42.33	32.67	22.86	27.07	21.43
Operating Income	100.11	109.79	45.79	105.53	1.29	24.26
Interest Expense	-1.76	-2.88	-3.44	-3.55	-3.69	-1.05
Interest & Investment Income	1.11	7.75	2.12	1.36	1.9	1.29
Currency Exchange Gain (Loss)	1.73	3.31	0.12	-18.66	-0.03	0.64
Other Non Operating Income (Expenses)	16.23	20.95	19.57	11.07	8.08	3.74
EBT Excluding Unusual Items	117.41	138.92	64.15	95.76	7.55	28.87
Gain (Loss) on Sale of Investments	61.78	46.61	0.48	-18.7	7.04	0.09
Gain (Loss) on Sale of Assets	67.01	67.01	-	0.09	104.33	7.25
Other Unusual Items	-0.26	-1.96	-1.4	0.92	-	-
Pretax Income	245.94	250.59	63.22	78.08	118.92	36.22
Income Tax Expense	68.67	63.85	21.23	31.64	29.62	9.54
Earnings From Continuing Operations	177.28	186.74	41.99	46.43	89.3	26.68
Minority Interest in Earnings	-53.12	-52.69	-15.71	-29.39	-20.28	-8.85
Net Income	124.15	134.05	26.28	17.04	69.02	17.82
Net Income to Common	124.15	134.05	26.28	17.04	69.02	17.82
Net Income Growth	105.20%	410.06%	54.24%	-75.31%	287.29%	31.34%
Shares Outstanding (Basic)	-	128	128	129	129	129
Shares Outstanding (Diluted)	-	128	128	129	129	129
Shares Change (YoY)	-	-	-0.99%	-	-	-
EPS (Basic)	-	1.05	0.21	0.13	0.53	0.14
EPS (Diluted)	-	1.05	0.21	0.13	0.53	0.14
EPS Growth	-	410.06%	55.77%	-75.31%	287.29%	31.34%
Free Cash Flow	3.91	208.17	17.17	27.05	-7.38	-21.43
Free Cash Flow Per Share	-	1.63	0.13	0.21	-0.06	-0.17
Gross Margin	50.14%	55.96%	50.68%	43.95%	28.59%	26.83%
Operating Margin	35.11%	40.39%	29.58%	36.12%	1.30%	14.25%
Profit Margin	43.54%	49.31%	16.98%	5.83%	69.58%	10.47%
Free Cash Flow Margin	1.37%	76.57%	11.09%	9.26%	-7.44%	-12.58%
EBITDA	103.91	113.32	49.41	108.66	4.77	27.55
EBITDA Margin	36.44%	41.69%	31.92%	37.19%	4.80%	16.18%
D&A For EBITDA	3.8	3.53	3.63	3.13	3.48	3.29
EBIT	100.11	109.79	45.79	105.53	1.29	24.26
EBIT Margin	35.11%	40.39%	29.58%	36.12%	1.30%	14.25%
Effective Tax Rate	27.92%	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.