Aradel Holdings Plc (NGX:ARADEL)

Aradel Holdings Income Statement

Financials in millions USD. 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	409.61	376.99	248.73	147.55	124.95	85.27
Revenue Growth (YoY)	35.12%	51.57%	68.58%	18.08%	46.54%	-32.84%
Cost of Revenue	200.77	147.35	89.8	55.21	90.29	51.89
Gross Profit	208.85	229.64	158.93	92.33	34.67	33.38
Selling, General & Admin	50.93	32.63	21.61	21.93	15.89	14.02
Other Operating Expenses	-11.99	-5.6	3.6	1.72	-4.46	1.01
Operating Expenses	40.98	29.25	25.27	26.53	13.11	17.07
Operating Income	167.86	200.39	133.66	65.81	21.55	16.31
Interest Expense	-15.56	-13.13	-9.21	-5.97	-7.95	-7.56
Interest & Investment Income	13.63	10.45	7.52	4.48	4.1	3.6
Earnings From Equity Investments	56.57	20.51	3.62	12.27	23.69	16.19
Currency Exchange Gain (Loss)	1.72	-12.72	-9.43	-2.39	7.7	17.32
Other Non Operating Income (Expenses)	-0.23	-	-	0.03	-0.21	-1.95
EBT Excluding Unusual Items	224.01	205.49	126.16	74.23	48.88	43.92
Gain (Loss) on Sale of Assets	0.03	-	-	0.01	0.02	-
Pretax Income	224.04	205.49	126.16	74.24	48.9	43.92
Income Tax Expense	23.54	37.43	65.72	40.45	-22.35	-0.11
Earnings From Continuing Operations	200.5	168.06	60.44	33.79	71.25	44.03
Minority Interest in Earnings	-2.01	-0.78	-1.11	-1.79	0.15	0.03
Net Income	198.48	167.28	59.33	32	71.39	44.06
Net Income to Common	198.48	167.28	59.33	32	71.39	44.06
Net Income Growth	122.14%	181.96%	85.38%	-55.17%	62.04%	-18.20%
Shares Outstanding (Basic)	4,345	4,345	4,345	4,345	4,345	4,345
Shares Outstanding (Diluted)	4,345	4,345	4,345	4,345	4,345	4,345
EPS (Basic)	0.05	0.04	0.01	0.01	0.02	0.01
EPS (Diluted)	0.05	0.04	0.01	0.01	0.02	0.01
EPS Growth	122.14%	181.96%	85.38%	-55.17%	62.05%	-18.21%
Free Cash Flow	64.99	113.74	101.49	48.84	37.98	7.44
Free Cash Flow Per Share	0.01	0.03	0.02	0.01	0.01	0.00
Dividend Per Share	0.020	0.019	0.011	0.004	0.002	0.001
Dividend Growth	195.46%	73.02%	187.97%	61.20%	164.23%	-60.95%
Gross Margin	50.99%	60.91%	63.90%	62.58%	27.74%	39.15%
Operating Margin	40.98%	53.15%	53.74%	44.60%	17.25%	19.13%
Profit Margin	48.46%	44.37%	23.85%	21.69%	57.14%	51.67%
Free Cash Flow Margin	15.87%	30.17%	40.80%	33.10%	30.40%	8.72%
EBITDA	227.95	252.37	152.39	95.27	69.03	41.28
EBITDA Margin	55.65%	66.94%	61.27%	64.57%	55.24%	48.41%
D&A For EBITDA	60.09	51.98	18.73	29.46	47.48	24.96
EBIT	167.86	200.39	133.66	65.81	21.55	16.31
EBIT Margin	40.98%	53.15%	53.74%	44.60%	17.25%	19.13%
Effective Tax Rate	10.51%	18.21%	52.09%	54.48%	-	-

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.