Spinneys 1961 Holding Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,444	3,226	2,871	2,630	2,523
Revenue Growth (YoY)	14.23%	12.35%	9.16%	4.26%	-
Cost of Revenue	2,015	1,890	1,666	1,545	1,509
Gross Profit	1,429	1,336	1,205	1,085	1,013
Selling, General & Admin	753.23	717.53	662	593.28	551.9
Operating Expenses	1,031	973.22	894.18	811.78	762
Operating Income	398.34	362.34	311.03	273.57	251.1
Interest Expense	-54.5	-50.98	-44.55	-36.38	-38.89
Interest & Investment Income	19.46	13.3	-	-	0.7
Currency Exchange Gain (Loss)	-	-	-	0.21	2.88
Other Non Operating Income (Expenses)	13.26	10.62	12.67	9.22	6.55
EBT Excluding Unusual Items	376.55	335.28	279.16	246.62	222.33
Impairment of Goodwill	-	-	-3.46	-3.04	-1.6
Gain (Loss) on Sale of Assets	1.34	1.34	4.26	2.59	1.75
Asset Writedown	-16.1	-14.54	-26.65	-31.16	-29.16
Other Unusual Items	0.55	0.55	2.29	0.1	0.04
Pretax Income	362.34	322.63	255.59	215.11	193.36
Income Tax Expense	48.98	33	1.28	0.84	1.18
Earnings From Continuing Operations	313.37	289.63	254.32	214.27	192.18
Minority Interest in Earnings	12.7	14.65	1.84	-	-
Net Income	326.06	304.27	256.15	214.27	192.18
Net Income to Common	326.06	304.27	256.15	214.27	192.18
Net Income Growth	16.05%	18.79%	19.55%	11.50%	-
Shares Outstanding (Basic)	3,600	3,600	3,600	-	-
Shares Outstanding (Diluted)	3,600	3,600	3,600	-	-
EPS (Basic)	0.09	0.08	0.07	-	-
EPS (Diluted)	0.09	0.08	0.07	-	-
EPS Growth	16.05%	18.79%	-	-	-
Free Cash Flow	528.59	472.6	682.11	307.28	399.31
Free Cash Flow Per Share	0.15	0.13	0.19	-	-
Dividend Per Share	0.061	0.057	0.055	-	-
Dividend Growth	-26.71%	2.73%	-	-	-
Gross Margin	41.50%	41.40%	41.98%	41.27%	40.16%
Operating Margin	11.56%	11.23%	10.83%	10.40%	9.95%
Profit Margin	9.47%	9.43%	8.92%	8.15%	7.62%
Free Cash Flow Margin	15.35%	14.65%	23.76%	11.68%	15.83%
EBITDA	502.11	451.23	366.7	328.22	305.88
EBITDA Margin	14.58%	13.99%	12.77%	12.48%	12.13%
D&A For EBITDA	103.78	88.9	55.67	54.65	54.78
EBIT	398.34	362.34	311.03	273.57	251.1
EBIT Margin	11.56%	11.23%	10.83%	10.40%	9.95%
Effective Tax Rate	13.52%	10.23%	0.50%	0.39%	0.61%
Revenue as Reported	3,444	3,226	2,871	2,630	2,523

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.