Arkaan Real Estate P.L.C (PEX:ARKAAN)

Arkaan Real Estate P.L.C Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	7.59	13.48	31.46
Revenue Growth (YoY)	-43.67%	-57.16%	-
Cost of Revenue	3.54	7.71	20.48
Gross Profit	4.05	5.77	10.99
Selling, General & Admin	2.64	2.59	2.22
Operating Expenses	4.64	16.07	3.23
Operating Income	-0.58	-10.29	7.75
Interest & Investment Income	16.68	13.48	2.67
Earnings From Equity Investments	-	2.03	2.37
Currency Exchange Gain (Loss)	-	0.26	-0.08
Other Non Operating Income (Expenses)	-0.06	-0.47	0.18
EBT Excluding Unusual Items	16.04	5	12.88
Gain (Loss) on Sale of Investments	-0.96	-1.03	0.3
Gain (Loss) on Sale of Assets	-	0.02	-
Asset Writedown	-20	-9.2	-0.43
Other Unusual Items	-0.5	-3.03	-0.17
Pretax Income	-5.42	-8.24	12.58
Income Tax Expense	1.17	1.75	1.41
Earnings From Continuing Operations	-6.59	-9.99	11.17
Minority Interest in Earnings	-0.48	1.86	-2.46
Net Income	-7.07	-8.12	8.71
Net Income to Common	-7.07	-8.12	8.71
Shares Outstanding (Basic)	131	132	132
Shares Outstanding (Diluted)	131	132	132
Shares Change (YoY)	-0.52%	-	-
EPS (Basic)	-0.05	-0.06	0.07
EPS (Diluted)	-0.05	-0.06	0.07
Free Cash Flow	6.33	-4.93	28.79
Free Cash Flow Per Share	0.05	-0.04	0.22
Gross Margin	53.39%	42.83%	34.92%
Operating Margin	-7.67%	-76.38%	24.64%
Profit Margin	-93.14%	-60.25%	27.68%
Free Cash Flow Margin	83.38%	-36.61%	91.50%
EBITDA	-0.39	-10.17	7.81
EBITDA Margin	-5.16%	-75.48%	24.81%
D&A For EBITDA	0.19	0.12	0.05
EBIT	-0.58	-10.29	7.75
EBIT Margin	-7.67%	-76.38%	24.64%
Effective Tax Rate	-	-	11.24%

Source: S&P Capital IQ. Standard template. Financial Sources.