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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	74.16	70.94	71.23	58.02	32.82	42.36
Revenue Growth (YoY)	-0.43%	-0.41%	22.77%	76.80%	-22.54%	5.97%
Cost of Revenue	62.77	61.72	64.38	47.72	28.88	34.28
Gross Profit	11.4	9.22	6.85	10.3	3.93	8.08
Selling, General & Admin	2.29	2.25	2.7	2.66	3.29	2.97
Other Operating Expenses	0.22	0.22	0.24	-	0.1	-
Operating Expenses	8.91	8.89	13.16	2.66	3.71	2.97
Operating Income	2.48	0.33	-6.31	7.64	0.23	5.11
Interest Expense	-	-	-	-	-0.01	-0.01
Interest & Investment Income	1.28	1.49	2.01	1.1	1.43	0.7
Other Non Operating Income (Expenses)	0.55	1.09	-2.35	0.49	-0.11	0.03
EBT Excluding Unusual Items	4.31	2.91	-6.64	9.23	1.53	5.83
Gain (Loss) on Sale of Investments	0.02	4.92	21.25	-0.86	5.26	1.88
Other Unusual Items	-	-	-	-	-	0.25
Pretax Income	4.34	7.83	14.61	8.37	6.79	7.95
Income Tax Expense	2.28	2.07	1.52	2.08	0.11	1.1
Earnings From Continuing Operations	2.06	5.76	13.09	6.29	6.68	6.85
Net Income	2.06	5.76	13.09	6.29	6.68	6.85
Net Income to Common	2.06	5.76	13.09	6.29	6.68	6.85
Net Income Growth	-83.93%	-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	-83.93%	-56.03%	108.15%	-5.91%	-2.36%	33.50%
Free Cash Flow	13.38	5.39	4.2	-3.47	1.57	4.3
Free Cash Flow Per Share	0.05	0.02	0.02	-0.01	0.01	0.02
Gross Margin	15.37%	13.00%	9.62%	17.76%	11.98%	19.08%
Operating Margin	3.35%	0.47%	-8.85%	13.17%	0.69%	12.06%
Profit Margin	2.77%	8.12%	18.38%	10.84%	20.37%	16.16%
Free Cash Flow Margin	18.04%	7.60%	5.90%	-5.98%	4.77%	10.16%
EBITDA	2.78	0.63	-5.99	7.94	0.54	5.45
EBITDA Margin	3.74%	0.89%	-8.41%	13.68%	1.64%	12.87%
D&A For EBITDA	0.29	0.3	0.31	0.3	0.31	0.34
EBIT	2.48	0.33	-6.31	7.64	0.23	5.11
EBIT Margin	3.35%	0.47%	-8.85%	13.17%	0.69%	12.06%
Effective Tax Rate	52.59%	26.43%	10.39%	24.83%	1.61%	13.89%

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