Al Ramz Corporation Investment and Development P.J.S.C. (DFM:ALRAMZ)

DFM:ALRAMZ 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
Interest and Dividend Income	76.92	71.86	57.44	34.65	27	32.81
Total Interest Expense	28.84	25.72	11.18	5.26	4.94	6.04
Net Interest Income	48.08	46.14	46.26	29.39	22.06	26.77
Brokerage Commission	40.24	27.66	32.76	42.81	43.55	15.84
Underwriting & Investment Banking Fee	28.38	23.64	20.05	37.52	34.03	27.35
Gain on Sale of Investments (Rev)	8.59	2.43	19.61	-6.3	25.25	-31.01
Revenue Before Loan Losses	125.29	99.86	118.68	103.42	124.89	38.95
Provision for Loan Losses	0.27	0.35	0.16	0.37	3.94	7.16
Revenue	125.02	99.52	118.53	103.05	120.95	31.79
Revenue Growth (YoY)	17.26%	-16.04%	15.02%	-14.80%	280.52%	-30.19%
Salaries & Employee Benefits	53.7	50.33	56.99	-	-	-
Cost of Services Provided	29.71	25.16	16.25	70.55	66.43	42.66
Total Operating Expenses	89.12	81.92	78.5	70.55	66.43	42.66
Operating Income	35.9	17.6	40.03	32.49	54.52	-10.87
Pretax Income	35.9	17.6	40.03	32.49	54.52	-10.87
Income Tax Expense	3.47	1.65	0.35	-	-	-
Net Income	32.43	15.95	39.67	32.49	54.52	-10.87
Net Income to Common	32.43	15.95	39.67	32.49	54.52	-10.87
Net Income Growth	14.62%	-59.79%	22.10%	-40.40%	-	-
Shares Outstanding (Basic)	550	550	550	502	520	550
Shares Outstanding (Diluted)	550	550	550	502	520	550
Shares Change (YoY)	-	-	9.48%	-3.48%	-5.36%	-
EPS (Basic)	0.06	0.03	0.07	0.06	0.10	-0.02
EPS (Diluted)	0.06	0.03	0.07	0.06	0.10	-0.02
EPS Growth	14.62%	-59.79%	11.52%	-38.25%	-	-
Free Cash Flow	673.42	-8.37	-153.82	-48.02	81.15	311.26
Free Cash Flow Per Share	1.23	-0.01	-0.28	-0.10	0.16	0.57
Dividend Per Share	-	-	0.060	0.060	0.060	-
Operating Margin	28.72%	17.69%	33.77%	31.53%	45.07%	-34.20%
Profit Margin	25.94%	16.03%	33.47%	31.53%	45.07%	-34.20%
Free Cash Flow Margin	538.64%	-8.41%	-129.78%	-46.60%	67.09%	979.26%
Effective Tax Rate	9.67%	9.37%	0.88%	-	-	-

Updated Nov 4, 2024. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.