Abu Dhabi National Hotels Company PJSC (ADX:ADNH)

ADX:ADNH Income Statement

Financials in millions AED. 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	3,388	2,888	1,631	1,460	1,082	874.15
Revenue Growth (YoY)	65.37%	77.03%	11.73%	34.92%	23.78%	-37.73%
Cost of Revenue	2,573	2,252	1,151	1,098	897.53	660.59
Gross Profit	814.47	635.84	479.87	362.19	184.48	213.56
Selling, General & Admin	219.43	142.55	64.86	60.83	57.68	44.1
Other Operating Expenses	28.76	14.89	-37.89	-	-	-
Operating Expenses	280.08	189.32	-12.19	61.72	65.3	319.12
Operating Income	534.39	446.52	492.06	300.47	119.18	-105.56
Interest Expense	-100.58	-114.02	-121.46	-73.92	-46.28	-58.68
Interest & Investment Income	14.17	4.48	2.4	6.93	6.98	6.03
Earnings From Equity Investments	35.88	961.96	135.93	151.2	158.51	139.92
Other Non Operating Income (Expenses)	-	-	-	6.09	11.36	33.16
EBT Excluding Unusual Items	483.87	1,299	508.92	390.76	249.76	14.86
Gain (Loss) on Sale of Investments	8.58	1.79	1.73	9	10.42	-
Gain (Loss) on Sale of Assets	12.81	67.06	12.9	16.06	12.53	6.22
Asset Writedown	-	-	-	-	-	-982
Other Unusual Items	-	-	-101.03	-40	-	-41.94
Pretax Income	505.26	1,368	422.52	415.1	272.71	-1,003
Income Tax Expense	42.2	32.5	-	-	-	-
Earnings From Continuing Operations	463.05	1,335	422.52	415.1	272.71	-1,003
Earnings From Discontinued Operations	-	-	-	-	-	282.68
Net Income to Company	463.05	1,335	422.52	415.1	272.71	-720.18
Minority Interest in Earnings	-33.53	-8.19	-0.1	0.31	-	-
Net Income	429.53	1,327	422.42	415.4	272.71	-720.18
Preferred Dividends & Other Adjustments	0.46	0.46	-	-	-	-
Net Income to Common	429.06	1,327	422.42	415.4	272.71	-720.18
Net Income Growth	-67.80%	214.16%	1.69%	52.32%	-	-
Shares Outstanding (Basic)	12,661	12,600	12,600	12,600	12,600	12,600
Shares Outstanding (Diluted)	12,661	12,600	12,600	12,600	12,600	12,600
EPS (Basic)	0.03	0.11	0.03	0.03	0.02	-0.06
EPS (Diluted)	0.03	0.11	0.03	0.03	0.02	-0.06
EPS Growth	-68.17%	214.06%	1.69%	52.33%	-	-
Free Cash Flow	356.38	403.49	427.42	240.02	321.88	-22.57
Free Cash Flow Per Share	0.03	0.03	0.03	0.02	0.03	-0.00
Dividend Per Share	0.045	0.045	0.019	0.016	0.016	0.006
Dividend Growth	136.84%	136.84%	19.50%	-	183.93%	-49.55%
Gross Margin	24.04%	22.02%	29.42%	24.81%	17.05%	24.43%
Operating Margin	15.77%	15.46%	30.17%	20.58%	11.02%	-12.08%
Profit Margin	12.66%	45.94%	25.90%	28.46%	25.20%	-82.39%
Free Cash Flow Margin	10.52%	13.97%	26.20%	16.44%	29.75%	-2.58%
EBITDA	837.8	740.98	741.29	539.93	377.77	165.27
EBITDA Margin	24.73%	25.66%	45.45%	36.98%	34.91%	18.91%
D&A For EBITDA	303.4	294.46	249.22	239.46	258.59	270.83
EBIT	534.39	446.52	492.06	300.47	119.18	-105.56
EBIT Margin	15.77%	15.46%	30.17%	20.58%	11.02%	-12.08%
Effective Tax Rate	8.35%	2.38%	-	-	-	-

Updated Feb 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.