Arab Real Estate Investment Co. (EGX:RREI)

EGX:RREI 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
Revenue	65.24	70.94	71.23	58.02	32.82	42.36
Revenue Growth (YoY)	-3.69%	-0.41%	22.77%	76.80%	-22.54%	5.97%
Cost of Revenue	54.55	61.72	64.38	47.72	28.88	34.28
Gross Profit	10.69	9.22	6.85	10.3	3.93	8.08
Selling, General & Admin	2.42	2.25	2.7	2.66	3.29	2.97
Other Operating Expenses	-0.41	-1.29	-0.9	-	0.1	-
Operating Expenses	8.77	7.38	12.02	2.66	3.71	2.97
Operating Income	1.92	1.84	-5.17	7.64	0.23	5.11
Interest Expense	-	-	-	-	-0.01	-0.01
Interest & Investment Income	1.39	1.49	2.01	1.1	1.43	0.7
Other Non Operating Income (Expenses)	-0.42	-0.42	-3.49	0.49	-0.11	0.03
EBT Excluding Unusual Items	2.89	2.91	-6.64	9.23	1.53	5.83
Gain (Loss) on Sale of Investments	2.12	4.92	21.25	-0.86	5.26	1.88
Other Unusual Items	-	-	-	-	-	0.25
Pretax Income	5	7.83	14.61	8.37	6.79	7.95
Income Tax Expense	2.08	2.07	1.52	2.08	0.11	1.1
Earnings From Continuing Operations	2.93	5.76	13.09	6.29	6.68	6.85
Net Income	2.93	5.76	13.09	6.29	6.68	6.85
Net Income to Common	2.93	5.76	13.09	6.29	6.68	6.85
Net Income Growth	-83.56%	-56.03%	108.15%	-5.91%	-2.36%	33.50%
Shares Outstanding (Basic)	246	246	246	246	246	246
Shares Outstanding (Diluted)	246	246	246	246	246	246
EPS (Basic)	0.01	0.02	0.05	0.03	0.03	0.03
EPS (Diluted)	0.01	0.02	0.05	0.03	0.03	0.03
EPS Growth	-83.56%	-56.03%	108.15%	-5.91%	-2.36%	33.50%
Free Cash Flow	15.58	5.39	4.2	-3.47	1.57	4.3
Free Cash Flow Per Share	0.06	0.02	0.02	-0.01	0.01	0.02
Gross Margin	16.38%	13.00%	9.62%	17.76%	11.98%	19.08%
Operating Margin	2.94%	2.60%	-7.25%	13.17%	0.69%	12.06%
Profit Margin	4.48%	8.12%	18.38%	10.84%	20.37%	16.16%
Free Cash Flow Margin	23.88%	7.60%	5.90%	-5.98%	4.77%	10.16%
EBITDA	2.21	2.14	-4.85	7.94	0.54	5.45
EBITDA Margin	3.39%	3.02%	-6.81%	13.68%	1.64%	12.87%
D&A For EBITDA	0.3	0.3	0.31	0.3	0.31	0.34
EBIT	1.92	1.84	-5.17	7.64	0.23	5.11
EBIT Margin	2.94%	2.60%	-7.25%	13.17%	0.69%	12.06%
Effective Tax Rate	41.55%	26.43%	10.39%	24.83%	1.61%	13.89%

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