EGX:RAYA Income Statement

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

Millions EGP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	63,829	45,119	31,295	20,413	16,851
Revenue Growth (YoY)	41.47%	44.17%	53.31%	21.14%	56.67%
Cost of Revenue	50,139	35,700	24,917	16,341	13,919
Gross Profit	13,691	9,419	6,378	4,073	2,933
Selling, General & Admin	6,857	5,232	3,747	2,637	2,001
Other Operating Expenses	96.1	37.51	59.46	18.71	9.54
Operating Expenses	7,351	5,652	4,143	2,825	2,081
Operating Income	6,340	3,767	2,235	1,248	851.27
Interest Expense	-2,369	-1,690	-1,138	-651.08	-403.02
Interest & Investment Income	2.56	2.01	1.41	1.01	0.91
Earnings From Equity Investments	132.38	116.19	51.58	25.29	5.46
Currency Exchange Gain (Loss)	6.99	353.02	-148.34	17.51	-4.68
Other Non Operating Income (Expenses)	-47.38	-27.94	-51.5	-5.86	-27.25
EBT Excluding Unusual Items	4,065	2,520	951.03	634.69	422.7
Impairment of Goodwill	-11.11	-22.8	-28.02	-	-
Gain (Loss) on Sale of Assets	70.51	220.38	6.56	-10.37	335.85
Pretax Income	4,125	2,718	929.57	624.32	758.54
Income Tax Expense	1,191	818.86	365.69	205.09	217.16
Earnings From Continuing Operations	2,934	1,899	563.88	419.23	541.39
Minority Interest in Earnings	-345.65	-210.67	-122.52	-71.92	-54.05
Net Income	2,588	1,689	441.36	347.31	487.34
Net Income to Common	2,588	1,689	441.36	347.31	487.34
Net Income Growth	53.29%	282.58%	27.08%	-28.73%	-
Shares Outstanding (Basic)	4,278	4,279	4,281	-	-
Shares Outstanding (Diluted)	4,278	4,279	4,281	-	-
Shares Change (YoY)	-0.02%	-0.06%	-	-	-
EPS (Basic)	0.61	0.39	0.10	-	-
EPS (Diluted)	0.61	0.39	0.10	-	-
EPS Growth	53.32%	282.83%	-	-	-
Free Cash Flow	-2,878	2,095	2,128	296.89	-579.07
Free Cash Flow Per Share	-0.67	0.49	0.50	-	-
Dividend Per Share	-	0.040	-	0.018	-
Gross Margin	21.45%	20.88%	20.38%	19.95%	17.40%
Operating Margin	9.93%	8.35%	7.14%	6.11%	5.05%
Profit Margin	4.06%	3.74%	1.41%	1.70%	2.89%
Free Cash Flow Margin	-4.51%	4.64%	6.80%	1.45%	-3.44%
EBITDA	6,961	4,214	2,606	1,552	1,106
EBITDA Margin	10.91%	9.34%	8.33%	7.60%	6.56%
D&A For EBITDA	621.36	446.41	370.51	304.16	254.25
EBIT	6,340	3,767	2,235	1,248	851.27
EBIT Margin	9.93%	8.35%	7.14%	6.11%	5.05%
Effective Tax Rate	28.87%	30.13%	39.34%	32.85%	28.63%

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