QSE:QNCD Income Statement

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

Millions QAR. 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	399.11	396.98	460.79	708.76	824.4
Revenue Growth (YoY)	0.54%	-13.85%	-34.99%	-14.03%	24.98%
Cost of Revenue	308.78	264.13	271.55	487.38	557.76
Gross Profit	90.33	132.84	189.24	221.39	266.64
Selling, General & Admin	40.77	32.41	60.44	35.52	38.66
Operating Expenses	40.77	32.41	60.44	35.52	38.66
Operating Income	49.56	100.43	128.8	185.87	227.98
Interest Expense	-0.52	-0.27	-	-	-
Interest & Investment Income	37.3	42.24	44.34	28.22	12.81
Earnings From Equity Investments	1.79	1.82	3.6	3.38	1.83
Other Non Operating Income (Expenses)	9.46	11.12	28.43	10.73	30.28
EBT Excluding Unusual Items	97.58	155.33	205.18	228.2	272.9
Gain (Loss) on Sale of Assets	1.89	5.33	-	-	0
Asset Writedown	-	-	-	-	-13.88
Legal Settlements	-	-0.11	-0.08	-1.1	-34.49
Pretax Income	100.47	160.55	205.1	227.1	224.53
Earnings From Continuing Operations	100.47	160.55	205.1	227.1	224.53
Earnings From Discontinued Operations	-0.19	-0.73	-	-	-
Net Income	100.28	159.83	205.1	227.1	224.53
Net Income to Common	100.28	159.83	205.1	227.1	224.53
Net Income Growth	-37.26%	-22.07%	-9.69%	1.15%	51.24%
Shares Outstanding (Basic)	654	654	654	654	654
Shares Outstanding (Diluted)	654	654	654	654	654
EPS (Basic)	0.15	0.24	0.31	0.35	0.34
EPS (Diluted)	0.15	0.24	0.31	0.35	0.34
EPS Growth	-37.26%	-21.11%	-10.79%	2.21%	49.68%
Free Cash Flow	147.43	124.51	21.79	251.23	514.62
Free Cash Flow Per Share	0.23	0.19	0.03	0.38	0.79
Dividend Per Share	0.220	0.270	0.300	0.300	0.300
Dividend Growth	-18.52%	-10.00%	-	-	50.00%
Gross Margin	22.63%	33.46%	41.07%	31.24%	32.34%
Operating Margin	12.42%	25.30%	27.95%	26.22%	27.65%
Profit Margin	25.13%	40.26%	44.51%	32.04%	27.24%
Free Cash Flow Margin	36.94%	31.36%	4.73%	35.45%	62.42%
EBITDA	83.39	149.36	241.33	299.07	342.95
EBITDA Margin	20.89%	37.62%	52.37%	42.20%	41.60%
D&A For EBITDA	33.84	48.93	112.53	113.2	114.97
EBIT	49.56	100.43	128.8	185.87	227.98
EBIT Margin	12.42%	25.30%	27.95%	26.22%	27.65%
Advertising Expenses	0.35	0.13	0.19	0.15	0.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.